All over the country, public transportation systems are cutting back service under the weight of huge budget deficits. Most people think these agencies are casualties of the recession, and to certain extent they are probably right. But to me, these agencies and their ballooning deficits are something else also — they are canaries in the coal mine, indications of problems that go deeper than even the subprime loan fiasco that many are blaming for the current state of the economy. Collapsing transit agencies are signs that the anti-tax mania of the last few decades is a failure. They are also signs that our western lifestyle — dependent as it is on plentiful and cheap natural resources, especially fossil fuels — could be reaching its limits and going into decline as demand now begins to outstrip supply.
In a video posted by the I-Team, Noyes repeatedly asks Slavin to stop touching him. Slavin repeatedly ignores Noyes’ request and later in the video, Slavin prevents the I-Team videographer from documenting the confrontation.
When San Francisco’s Sunset Reservoir solar project is completed later this year it will be one of the largest solar installations of its kind in the country. The project, a 5-megawatt sea of 25,000 solar panels in San Francisco’s Sunset District, was approved in June after a revised commitment from the developer, Recurrent Energy, to hire no less than 21 workers from San Francisco’s most economically disadvantaged communities; 30 percent of the project’s workforce.
The allegation that Press TV serves as the “mouthpiece of Iranian government” deserves scrutiny. Every media outlet around the world endeavors to satisfy its owner and serve—or at least not undermine—its interests, especially when the owner is a government. Press TV is going to grow professionally, and become more like an Iranian BBC. I personally oppose Press TV serving as a mouthpiece for any power, including the Iranian government; however, the problem is that we don’t know of any international news outlet that doesn’t often serve as a mouthpiece for its respective government.
It is still possible, however, for the European Central Bank to snatch Greece from the fire and rout the shorts. It can do this with what has been called the nuclear option — “monetizing” the debt of Greece and other debt-laden EU countries by effectively “printing money” (quantitative easing) and buying the debt itself at very low interest rates. This is called the “nuclear option” because it would blow up the hedge funds and electronic sharks operated by Goldman and other Wall Street heavies, which specialize in bringing down corporations and whole countries for strategic and exploitative ends.
So basically, a mess of a system produced a hung parliament mess where no one can comfortably form a majority coalition, though David Cameron will certainly try, claiming “moral authority.” At the moment, he’s talking to the Lib Dems for lack of anyone else to talk to, but the price of their support would almost certainly be electoral reform. Even if he succeeds in forming a coalition, he won’t be able to push through a hardcore neocon agenda. And it’s entirely unclear how long such a government would even last.
The belief that President Obama’s election would transcend the racial divide between whites and blacks may be premature. However, even if this chasm was overcome, it would not address conflicts between minority groups in this country. The reality is that the same prejudices that divide blacks and whites threaten the relationships of African-Americans, Asians and Latinos.
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