Global
Qaddafi is now thundering his outrage from Tripoli, Libya, to the gratification of many in the West, but Libya's leader has a point: The evidence the judges used to find Megrahi guilty is entirely circumstantial and extraordinarily weak. It is with good reason that Robert Black, professor of law at the University of Edinburgh and the man who persuaded Qaddafi to release the two Libyans for trial in Holland, denounced the verdict as "astonishing."
How Capitalism Underdeveloped Black America, Updated Edition Volume 4, by Dr. Manning Marable, in the South End Press Classics Series
How Capitalism Underdeveloped Black America, a leading text for courses in African-American politics and history, has been central to the education of thousands of political activists since the 1980s, selling more than 30,000 copies in its first edition. In this updated edition, Marable examines developments in the political economy of racism in the United States and assesses shifts in the American political terrain since the first edition was published. Marable has updated all of the tables and charts on African-American poverty, health, employment, education, and spending, as well as other demographics.
Let me see if I can help with some of your questions:
What, you wonder, does drilling for oil in the Arctic National Wildlife Refuge have to do with solving California's energy crisis? Absolutely nothing, so don't waste time trying to find the connection. Less than 1 percent of California's electricity comes from oil.
Will allowing power plants in California to pollute more help solve the energy crisis there? No, Bush is just misinformed on that point, according to environmentalists, California state officials and energy-industry spokesmen.
Is there anything that the president can do about the California crisis? Yes, he might impose a temporary cap on wholesale electricity prices, but he has already announced that he will not, thus foreclosing (if nothing else) a useful threat.
The question -- directed at me because I'd just given a speech -- hung in the air while my brain fumbled for a fitting response. Programming decisions by U.S. media executives loom large at home and abroad. A hundred years ago, when Queen Victoria died, the sun never set on the British empire. Today, around the world, the market shares are shimmering for AOL Time Warner, the Walt Disney Co. and Rupert Murdoch's News Corp.
The Federal Government’s general operating fund has run up a $5.6 trillion debt (U.S. Treasury bonds, bills, and notes). The annual interest cost is now $370 billion. This means that around 25% of one’s federal personal income tax goes to interest. At the same time, interest income to the lenders (bond holders) is tax-free at the state and local levels. (The above figures were obtained from the Budget of the United State Government). As a result of state-wide debt-financing issues passed by voters, Ohio may now sell up to $1 billion in bonds to finance buildings, green projects, etc. While the current level of indebtedness is about 80% of $1 billion, it is expected to reach $1 billion within a few years. Assuming 5% bonds, the annual interest cost, will then be about $52 million.
On Jan. 16, Bill said it was high time to give T.R. the medal for which he had been recommended right after the charge up San Juan Hill. Exit Bill, enter the new team, including Secretary of State Colin Powell, who now has a chance to live up to those fine words of his to the Republicans massed in Philadelphia for their convention last August. Powell told the plump delegates they should not forget the poor and the afflicted.
First, the Lege may actually do something about the infamous grandfathered plants. You'll be pleased to learn the Texas Natural Resource Conservation Commission has issued a report on how much progress in cleaning up air pollution has been made under George W.'s famous "voluntary compliance" program. The total amount of reduced emissions from grandfathered plants attributable to the governor's program is zero.
All our major cities are in danger of losing billions in federal highway funds if we don't move on the air pollution crisis, so the time is nigh.
Thomas Frank's One Market, Under God is a populist romp over the most delicious idiocies of the past decade. The obligatory subtitle is "Extreme Capitalism, Market Populism and the End of Economic Democracy," which doesn't sound promising, but this is a ring-tailed tooter.
The book is a delicious chronicle of the hubris of capitalism in our time, and it contains some of the most savagely funny cultural criticism I have ever come across.
Of course, it's really not fair -- all Frank has to do is quote them: business as God, technology as divinity, the New Economy as the end of history. We live in a culture that produces books like "God Wants You to Be Rich" and "Jesus, CEO."
What's startling about this book is the extent to which we're so surrounded by this nincompoopery but don't even notice it. How many TV ads for stock brokerages do you suppose you've seen in the past 10 years? Anything about them strike you as funny?
Of special concern out here is the confirmation of Ann Veneman as secretary of agriculture. Veneman worked for both Ronald Reagan and George Bush the Elder on farm issues; she was director of California's Food and Agriculture Department under Gov. Pete Wilson and was most recently an agribusiness lawyer.
According to John Nichols in The Nation, "Veneman has rarely missed an opportunity to advance the interests of food-production and processing conglomerates, to encourage policies that lead to the displacement of family farms by huge factory farms, to open public lands for mineral extraction and timbering, to support genetic modification of food and to defend biotech experimentation with agriculture."
Try Colombia. Less than 48 hours before Clinton quit the White House with a legal deal covering his own ass, his administration announced that it would employ a highly questionable legal interpretation of "Plan Colombia" -- the $1.3 billion in aid going mostly to the Colombian military. The interpretation allowed the administration to dodge entirely any certification or waiver of human rights conditions attached to the aid, thus circumventing the whole certification process in providing money to the Colombian government.