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Member Submitted News

Jan 29 23:49

Why the Damage to the Economy Caused by the Oil Crash Is Going to Get Progressively Worse

We are really starting to see the price of oil weigh very heavily on the economy and on the stock market. On Tuesday, the Dow was down 291 points, and the primary reason for the decline was disappointing corporate sales numbers. For example, heavy equipment manufacturer Caterpillar is blaming the “dramatic decline in the price of oil” for much lower than anticipated sales during the fourth quarter of 2014. Even though Caterpillar is not an “energy company”, the price of oil is critical to their success. And the same could be said about thousands of other companies. That is why I have repeatedly stated that anyone who believes that collapsing oil prices are good for the U.S. economy is crazy. The key to how much damage this oil collapse is going to do to our economy is not how low prices ultimately go. Rather, the key is how long they stay at these low levels. If the price of oil went back to $80 a barrel next week, the damage would be fairly minimal.

Jan 29 23:48

Plans to Combine the Measles and Ebola Vaccine

Combining the two vaccines will effectively remove the choice from parents of children who have to show an up-to-date vaccination record before their children are enrolled in school. If the measles vaccination is compulsory, the Ebola vaccine would be impossible to opt out of.

Jan 29 23:47

Russia in the Cross Hairs: Washington’s Threats Have Moved into the Realm of Insanity

The New Chief of the US Broadcasting Board of Governors, Andrew Lack, has declared the Russian news service, RT, which broadcasts in multiple languages, to be a terrorist organization equivalent to Boko Haram and the Islamic State, and Standard and Poor’s just downgraded Russia’s credit rating to junk status.

Jan 29 23:46

Handcuffs, Leg Shackles and Tasers: The New Face of Punishment in the Public Schools

Roughly 1500 kids are tied up or locked down every day by school officials in the United States.

At least 500 students are locked up in some form of solitary confinement every day, whether it be a padded room, a closet or a duffel bag. In many cases, parents are rarely notified when such methods are used.

Jan 29 23:45

New Bill Would Let Cops Enter Your Home without a Warrant and Kill Your Dog

Specifically if your dog is a pit bull and you live in Mississippi. Makes sense, right? I think I saw that in the Constitution somewhere...

Jan 29 23:15

Mariupol Attack is a War Crime: The Evidence points to Kiev

The UN is calling the attack on Mariupol a War Crime. Now that the evidence is pointing to Kiev will the UN show enough conscience to pursue it?

Jan 29 23:07

Israel threatens war following clashes with Hezbollah

Israeli Prime Minister Benjamin Netanyahu threatened war in Lebanon and Syria on Wednesday, saying that Israel is prepared to act “on all fronts” following an attack that killed two Israeli Defense Forces (IDF) soldiers near Israel’s northern border.

Jan 29 22:14

'Low-life Scum' vs. 'Great American Villian' as Citizens Arrest Targets Kissinger

‘Henry Kissinger is responsible for the deaths of millions. He’s a murderer, a liar, a crook, and a thug, and should be tried at the Hague.’

Jan 29 20:28

The Bizarre World of Dr Theodore Isaac Rubin

We all have our guilty pleasures. One of mine is that I occasionally love reading the often crazy and convoluted theories of Jews who wrestle with the question: why have Jewish populations attracted so much animosity through the centuries? Whether the authors call it anti-Semitism, Judeophobia, Jew-hatred or any other label which is fashionable these days, the theories, abstractions, emotions, obfuscations and intellectual blindness in their works rarely fails to shock or amuse me.

Jan 29 19:04

Sterling Conviction a Victory for Government's Right to Hide By Jim Naureckas

“Withholding information is the essence of tyranny. Control of the flow of information is the tool of the dictatorship.”
- Bruce Coville

Jan 29 19:00

We Are The Generation That Gets To Witness The End Of The American Dream

The “American Dream” has been transformed into a very twisted game of musical chairs. With each passing year, more people are falling out of the middle class, and most of the rest of us are scrambling really hard to keep our own places. Something has gone horribly wrong, and yet Americans are very deeply divided when it comes to finding answers to our problems.

Jan 29 19:00

Attack on Israeli Soldiers 'Most Serious Flare-Up in Years'–if Arab Deaths Aren't Taken Seriously By Jim Naureckas

“When you tear out a man's tongue, you are not proving him a liar, you're only telling the world that you fear what he might say.”
- George R.R. Martin

Jan 29 18:58

Syriza's Original 40 Point Manifesto

18. Nationalization of banks.

...

That could stir things up a bit

Jan 29 18:57

The Biggest "Hamilton Oil Shock" In History

The most cautionary episode to today was the 62% drop in oil prices from November 1985 to July 1986, although the Hamilton measure is much smaller. Similar to today, most believed this would prove to be a boost to GDP growth. Indeed, the consensus was forecasting average 2.3% GDP growth to increase 0.3pp, but it actually fell 0.9pp (based on the as reported GDP data, third release). This downward surprise continued for three quarters.

Jan 29 18:56

"They're Out Of Their Minds" Gorbachev Slams US 'Triumphalism' For "Turning Cold War 'Hot'"

In November of last year, Mikhail Gorbachev first warned "the world is on the brink of a new Cold War." Then around the turn of the year he escalated his warning, fearing "a war of this kind could lead to a nuclear war," hoping that no one "loses their nerve in this overheated situation." Today, in an interview with Russian news agency Interfax, the 83-year-old former Soviet leader, asks "have they lost their minds?" raging that "the U.S. has already dragged us into a new Cold War, trying to openly implement its idea of triumphalism," warning that "the 'cold' war will "lead to a 'hot' war," concluding "The U.S. has been totally 'lost in the jungle' and is dragging us there as well."

Jan 29 18:50

From One Refugee to Another Dear Syria by RAMZY BAROUD

snips: In fact, we have a name for it. It is called waja’ – ‘aching’ – a character that unifies millions of Palestinian refugees all across the globe. With our refugee population now dominated by second, third or even fourth generation refugees, it seems that our waja’ is what we hold in common most. Our geographies may differ, our languages, our political allegiances, our cultures, but ultimately, we meet around the painful experiences that we have internalized throughout generations. [...]
But for us, Syria has been our greatest waja’ in years. Aside from the fact that most of Syria’s half a million Palestinian refugees are on the run again, living the pain of displacement and loss for the second, third, or even fourth time. Nine million Syrian refugees are now duplicating the Palestinian tragedy, charting the early course of the Palestinian Nakba, the catastrophe of 1948.

Jan 29 18:45

Benjamin Netanyahu: the Anti-American Obstructionist by MELVIN A. GOODMAN

snip: President Obama has put himself at a disadvantage in dealing with the Israelis at this juncture. He has the empathy to deal with both sides in the dispute, but lacks the tenacity of Kissinger or Presidents Jimmy Carter or Bill Clinton to put pressure on Israel or to give Palestinian statehood the priority it deserves. Even President George H.W. Bush was successful 25 years ago, when he halted loan guarantees for the building of Israeli settlements.

What should President Obama do? Since the United States has insufficient non-military tools of influence, it is time to use our military assistance as a source of leverage. The United States gives far too much military aid to Israel, which has not face a serious military challenge from the Arab world since Egyptian President Anwar Sadat courageously concluded a peace agreement more than three decades ago. The Israelis, moreover, get generous terms for that aid that is not available to any other country in the world.

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