Monthly Archives: December 2015

Bill Moyers | The Most Undercovered Stories of 2015 Parts One and Two

Rise Up Times

Around this time every year, BillMoyers.com asks reporters, editors and bloggers which key story they feel the mainstream media failed to cover adequately over the last 12 months. 

(Part One)

From left to right: Bernie Sanders draws a crowd of roughly 28,000 at a rally in Oregon (Benjamin Kerensa/Flickr cc 2.0); a Florida SNAP food assistance card (Joe Raedle/Getty Images); a police officer at a 2011 Occupy protest in Washington, DC, wearing a taser (thisisbossi/Flickr cc 2.0).

The social safety net reduced poverty by nearly half

Greg Kaufmann

One of the greatest hoaxes pulled on the American people is the assertion that “we waged a war on poverty, and poverty won.” The conservative talking point was first uttered by President Reagan, and it has been pushed incessantly by the political class and the media ever since.

But it’s not true.

Census data released this…

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Mary Osborne, Guitarist extraordinaire – Intro by Marian McPartland @ The Bitter End 1958 [Video]


Zora Neale Hurston’s hand-drawn Christmas card

Biblioklept

Screenshot 2015-12-25 at 4.34.25 PM

Zora Neale Hurston’s hand-drawn Christmas card (1926). From Fannie Hurst’s papers at the Harry Ransom center in Austin, TX. Via the Ransom Center’s Instagram account.

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Glum job prospects, say officials

LBO News from Doug Henwood

On December 8, the Bureau of Labor Statistics (BLS) released its employment projections for the next decade (or 2014–2024 to be precise). They don’t make for happy reading.

The Bureau projects GDP growth of 2.2% a year over the decade, well under the 3.6% average that prevailed from 1950–2000, and lower even than the 2.4% average from 2000–2007, a period that contained a recession and the weakest expansion in U.S. history. And they also project that labor force participation (the sum of the employed and those actively looking for work, aka the officially unemployed), which has been frustratingly stagnant in this expansion, will decline by 2 percentage points over the decade. This is partly the result of an aging population—the median age of the labor force, which was 37.7 in 1994, and was 41.9 in 2014, will rise to 42.4 in 2024. In other words, job growth will go from roughly…

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Taking notes 54: Who owns the Federal Reserve Bank and why is it shrouded in myths and mysteries?

Philosophers for Change

fed1

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. — Henry Ford

Give me control of a Nation’s money supply, and I care not who makes its laws. — M. A. Rothschild

by Ismael Hossein-zadeh

The Federal Reserve Bank (or simply the Fed), is shrouded in a number of myths and mysteries. These include its name, its ownership, its purported independence form external influences, and its presumed commitment to market stability, economic growth and public interest.

The first major myth, accepted by most people in and outside of the United States, is that the Fed is owned by the Federal government, as implied by its name: the Federal Reserve Bank. In reality, however, it is a private institution whose shareholders are commercial banks; it is the “bankers’ bank.”…

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If civilization has an opposite, it is war (Ursula K. Le Guin)

Biblioklept

Tibe spoke on the radio a good deal. Estraven when in power had never done so, and it was not in the Karhidish vein: their government was not a public performance, normally; it was covert and indirect. Tibe, however, orated. Hearing his voice on the air I saw again the long-toothed smile and the face masked with a net of fine wrinkles. His speeches were long and loud: praises of Karhide, disparagements of Orgoreyn vilifications of “disloyal factions,” discussions of the “integrity of the Kingdom’s borders,” lectures in history and ethics and economics, all in a ranting, canting, emotional tone that went shrill with vituperation or adulation. He talked much about pride of country and love of the parentland, but little about shifgrethor, personal pride or prestige. Had Karhide lost so much prestige in the Sinoth Valley business that the subject could not be brought up? No; for he often…

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