Forbes: Unless It Changes, Capitalism Will Starve Humanity By 2050.
“... large corporations are able to continue engaging in increasingly environmentally exploitative behaviour by obscuring the link between endless economic growth and worsening environmental destruction.” Interesting, coming from Forbes. Note also, GM crops at the present time are not producing the yields projected. Something’s gotta give. We should begin controlling population now, before we continue on this viruslike trajectory.
Prospect.org: Who’s to Blame for Brexit? The Elites.
“If Europe responds to Brexit by consolidating more control, they’ll have learned nothing from the yearning for people to free themselves from the yoke of unaccountable external rule, and the UK won’t be the first to leave.” Great find from Kevin [GitM] on FB.
Brexit. They actually did it.
Between Trump and this event, it feels like hordes of ignorance are taking over the world. Western Civilization is practically poised to fall, thanks to narrowminded pursuit of profit at any cost ...
Later: I’m being melodramatic, but my excuse is, ‘tis the season ...
Vox: The US is spending trillions less than expected on health care.
“But for individual consumers, slower health spending likely doesn’t feel cheaper at all. In fact, it probably feels more expensive: One big way private insurers have held down costs is by asking consumers to pay a larger and larger chunk of their medical bills.” Yeah, we know about that in NM.
Political Wire: Trump Declared No Income In 1984.
Unsurprising. Followers will probably approve.
Medium: Why Do the Poor Make Such Poor Decisions?
Not to mention the system is weighted against those in poverty. “Pull yourself up by your bootstraps” - at crippling interest. “Educate yourself” - when they’re doing the fast shuffle just to feed themselves. There is no mercy left in America’s welfare system. It will be interesting to see what Switzerland will do about minimum income.
WaPo: Why Americans are giving up citizenship in record numbers.
Not necessarily Trump. Read on.
FishbowlNY: Forbes Lists Richest, Self-Made Women.
Hmmm. That last paragraph.
The Atlantic: For-Profit Colleges’ Students Wind Up Earning Less Than If They Had Never Enrolled.
I expected this. I’ve told the story of the young lady, who worked for a client of mine. She spent all her time trying to underline that she had “college level” Powerpoint skills, gained at one of the for-profit colleges. After a few encounters, and trying to truly understand how a university or college could require Powerpoint skills, I mentioned and showed Lynda.com. She was somewhat gobsmacked. The justifications increased, however, as the insecurity rose over her investment; pity and sympathy kept me civil through the relationship. Very difficult for the folks who were sold a pig in a poke.
Slate: How welfare reform failed.
“For all intents and purposes, welfare is becoming a zombie system rather than the bridge from poverty to work that its reformers envisioned. And, of course, it was the signature legislative achievement of Bill Clinton’s presidency.” I experienced the results among our orphan newborns. As I’ve said, I thought Reagan was bad. Little did I know. Just say no to the ‘two executive’ sales shpiel. One good one is enough.
Vox: Wayne Barrett covered Donald Trump for 40 years. Here’s what he’s learned.
PS Mag: The Gulf Oil Spill Left More Damage Than We Previously Thought.
“As much as 10 percent — or millions of gallons — of the oil spilled during the Deepwater disaster may have ended up on the Gulf’s seafloor this way, the researchers estimate. Those contaminants likely entered the food web.” Color me unsurprised. I called this when the accident was in progress. Gulf (bottom-feeding) seafood? No way, Josè.
Slate: The media finally figured out how to rattle Donald Trump.
“If a candidate claims to have raised $6 million for veterans’ charities but there’s no clear indication that $6 million has been disbursed to veterans’ charities, it’s the press’ job to determine what the hell is going on.”
Shameful that Americans must resort to GoFundMe and other sources ...
... to help pay catastrophic medical bills. Does noone else look at this and think, “For SHAME, America”?
naked cap: Clinton Chasing Votes With Fracking U-Turn.
“During her term as Secretary of State, Hillary Clinton made no attempt to hide her international energy ambitions, which could be easily summed up as more locally produced gas for everyone, and more profits for the American companies that would pump that gas. Pretty much the usual run-of-the-mill approach to nurturing large corporate taxpayers and campaign supporters. Now, it seems, Clinton is ready to antagonize these same corporate campaign supporters in order to win more liberal votes.” OK, now I’m no fan of Clinton’s flip-flops on this, or her pushing of fracking tech across the globe. But I understand why she did it. Reducing the power of OPEC and other traditional oil-producing nations could be considered a proper strategy. But for America, today, now ... we need a solar/wind emphasis like never before. I just wish Clinton could make clear demarcations in her platforms, clearly explaining her evolution in thinking, without the Dukakis-like waffling.
Createquity: The BFA’s Dance With Inequality.
“Has the arts degree become a luxury, or are artists from less advantaged backgrounds missing out on something?” There’s something I suppose only someone raised around the Ivy League could appreciate, affecting this. An arts degree is one of the few ‘socially approved’ degrees for rootless young children (mostly female) of affluence. As a result, there is often a bifurcation in arts programs - those who are ‘coasting’ until graduation, versus the working-class talents who are scraping to afford the education, milking the experience and contacts extensively in whatever free hours they have beyond the necessary work-study and other financial aid debt-slavery used to attend the best art schools. Sale ramen and bottled spaghetti sauce for four years, and worse ... to realize their dreams. To enter the workforce for a <20k paycheck, often. Yeah, realities. Meantime, the affluent coasters marry up to other bluebloods, nary a concern about debt. Or about art.
ANN: Friends, Romans - Help restore Rome’s ruins, monuments.
The Atlantic: The Price of Oil Is Above $50 for the First Time This Year.
Looking for any little reason to goose the price. What about the glut being stored offshore in tankers? This shouldn’t be happening so soon. As I warned, when they start rising the price, get ready for huge increases very fast. There will be hands slapped later, but no real action taken (if history holds).
Later: Yeah, as I thought. Total stocks. So who stomps on this, when oil folks start jigging the prices?
naked cap: Americans Increasingly Angry With Corporate Desertions via Tax Inversions.
BBC: Exxon Mobil faces ‘change or die’ moment on climate.
“Investors with at least $8tn under management have indicated they will support greater recognition of the climate change issue.” Probably the only method to generate a change in position.
NYT: Is Single Payer Our Health Salvation?
Listen to the doctors? I assume cherry-picked from a selection of responses; the choices an opinion in itself.
naked cap: Destroying Medicare to Save ObamaCare: Hillary Clinton’s “Public Option” Plan.
“Eliminating Medicaid estate recovery, whereby over-55 people forced into Medicaid by ObamaCare’s eligibility rules have any costs incurred clawed back from their estates. Since the only real asset most people may have is their homes, that means sick elders might not be able to pass their homes down to the kids. Fixing that injustice would be one of those incremental changes Clinton is supposed be so enthusiastic about. Since Clinton doesn’t bring up something so obvious, the only conclusion I can draw is that the Democrats just don’t give a future coprolith.”
Guardian.UK: US corporate giants hoarding more than a trillion dollars.
naked cap: Quelle Surprise! US Big Business Prefers Clinton to Trump by 2:1 Margin.
SF New Mexican: New Mexico health insurers propose rate hikes for 2017.
“Blue Cross Blue Shield of New Mexico also plans to sell coverage on the exchange this year, and proposals submitted to the state show average increases of as much as 83 percent for individuals.” Jesus H. Christ. The next enrollment period starts November 1 - election is November 8. Once America sees the rate hikes ... ? The Dems have wanted to avoid mentioning the necessary ACA fixes during the election cycle - but if price hikes match these news articles, the nominee better start doing a fast dance or it’ll be a dull Trump-Trump-Trump sound over their political grave.