The Dow fell like a rock today, the reported reason for this was the Wall Street banks' exposure to Spanish bonds. But it was industrials like Alcoa and Caterpillar that were the big losers followed by the oil companies, and only then the banks. Oil company profits are expected to decline with the falling price of gasoline as if they didn’t still have a monopoly.
Companies like Caterpillar are locked in major labor disputes where they are attempting to strip the benefits from so-called second tier union employees. These are people hired since Reagan broke the unions. They typically receive in the neighborhood of $11/hr plus benefits. In Romney land, these benefits have to go.
Prairie2: The Chickens are Naked, and Proud
Naomi Wolf: What really lies behind the 'war on women'
Some have argued that this present "war on women" is a war against progressivism – or a war against feminism, in particular. I would say, looking at the big picture, that it is more serious than that – not that those options are not plenty serious enough.
I would say that the call for transvaginal probes, for gagging medical providers, for sending the state to shake a finger for an extra 72 hours at a distressed woman and stand between her and the discussion she is having with her inner-most and private conscience, is all part of the larger crackdown we see on privacy, private space, freedom and personal choice.
CAUGHT RED HANDED: 488 voters' histories purged from Tenn. voter list
Four hundred and eighty-eight voters, every one of them in the Tennessee district of US Rep Steve Cohen (D-09), all but four lifelong Democrats, and nearly all Black, had their voting history erased by Shelby County election workers, setting them up for purge from the voter list.
To alter voting histories for a selected set of voters, putting them at risk for strategically selected purge, is to demean them, to treat them as if they have less worth as human beings than they do. And to demean them is to wrong them. What Shelby County's election staff has done, in altering the records, is morally wrong.
Prairie2: We could be just like Greece
Initial jobless claims were unchanged for the week, suggesting that jobs continue to be produced albeit at a slow pace. We have recovered more jobs than were lost in private sector from the Bush crash, even in “slow“ months. Obama can take credit for half again what was Bush‘s average month before the crash. If you include the jobs Bush lost at the end (including the early months of Obama‘s term), Bush’s average month was zero new jobs created.
The problem is that Red States have laid off 700,000 teachers, social workers, cops, firefighters and bridge inspectors. This probably killed another two million more private sector jobs that would have produced supplies used by these government workers, or would have benefited from the workers’ spending. Trickle down from the top doesn’t work, but you can drain the economy from the bottom.
Prairie2: Checkmate within the Margin of Error
Obama has said his position on Marriage Equality has been evolving, probably not. Public opinion however, has been evolving, as have the demographics. The old, rigid, fearful of gays, generation of voters has been dying off.
They’re being replaced by a generation that began voting right after Y2K. Remember the computer panic by that name? It was a real threat, and not just a hoax, but not the end of the world the way the same people who have lately been selling gold made it out to be. (BTW, gold dropped under $1600/oz today, it could be on the way down to $700)
Alex Baer: Schoolhouse Shock
You'd think electrically punishing children, as ways of getting their attention, would be outlawed by now in America -- but you would be wrong. You would have thought this would have come up before now -- and it has, over and over. And you know: The shocks still go on and on.
My first nudge in the direction of the Judge Rotenberg Center, the JRC, came in an email today, asking for my support, on a petition at Change.org. It began:
Prairie2: The Colonel can sell cheaper if the chickens also pay the bills
One of Mitt Romney’s favorite lies these days is to label Barrack Obama as the enemy of small business. Obama’s response is to point to a long list of small business friendly executive orders. In fact he’s the first President since FDR to show them any real sympathy, but none of the things he’s been able to do really makes much of a difference at this point.
Traditionally, small businessmen have always voted Republican since they tended to either believe the nonsense Republicans told them, or they foolishly believed that someday they’d be the kind of big business that Republicans actually favor. It’s not like they’re a big voting block anymore,- the last 30 years of Republican policies have gotten rid of almost all of them.
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