Wednesday, May 1, 2013

OBOF TYMHM & MORE PART 32


WELCOME TO OPINIONS  BASED  ON FACTS (OBOF)

&

THINGS YOU MAY HAVE MISSED (TYMHM)

YEAR THREE

 

Name
Published
OVERVIEW
 
OBOF & TYMHM PART 14
  Dec  18, 2012
OBOF & TYMHM PART 15
  Jan.  02, 2013
OBOF & TYMHM PART 16
  Jan.  08, 2013
OBOF & TYMHM PART 16 EXTRA         
  Jan.  11, 2013
OBOF & TYMHM PART 17
  Jan.  15, 2013
OBOF & TYMHM PART 18
  Jan.  22, 2013
OBOF & TYMHM PART 19
  Jan.  29, 2013
OBOF & TYMHM PART 20
  Feb.  05, 2013
OBOF & TYMHM PART 21
  Feb.  14, 2013 
OBOF & TYMHM PART 22
  Feb.  20, 2013
OBOF & TYMHM PART 23
  Feb.  27, 2013
OBOF & TYMHM PART 23 SPECIAL
  Mar.  06, 2013
 
OBOF & TYMHM PART 24
  Mar.  07, 2013
OBOF & TYMHM PART 25
  Mar.  12, 2013
OBOF & TYMHM PART 25-EXTRA
  Mar.  14, 2013
                          
OBOF & TYMHM PART 26
  Mar.  19, 2013
OBOF & TYMHM PART 27
  Mar.  26, 2013
OBOF & TYMHM PART 28
  Apr.   02, 2013
OBOF & TYMHM PART 29
  Apr.   08, 2013
OBOF & TYMHM PART 30
  Apr.   17, 2013
OBOF & TYMHM PART 31
  Apr.   23, 2013
OBOF & TYMHM PART 32
  Apr.   30, 2013

 

 

IN THIS ISSUE

 

1.  Tid Bits.

2.  Public Debit & Economic Growth.

3.  Earth to Washington - repeal Sequester.

4.  Maine calls to undo Citizens United.

5.  Call for a Constitutional Amendment by 13 States.

6.  One million urge Obama to reject Keystone XL.

 

 

 

 

 TID BITS

 

SEQUESTER IS STARTING TO HIT A LOT OF PEOPLE AND BUSINESSES.

 

This week will mark the second month of Sequestration and still Congress has not come together to address the devastating cuts beginning to hit communities.  Some of those cuts involved Head Start and education funding while other cuts leave our national security vulnerable.  I’ve been getting emails from people with their very personal story of how this is impacting them.  Yes, Congress is doing nothing unless it hits them, like taking action to stop the aircraft delays because of Traffic Controller furloughs

Congressman Loebsack is working to pass his bill, HR 398, which would create a permanent 10% pay cut for Congress while also eliminating automatic pay increases.

 

 


 

By Igor Volsky

 

African Americans outperformed their voter share, representing 13 percent of total votes cast in 2012 while making up 12 percent of the population—despite facing great obstacles to exercising the franchise

~~~

 

Public Debt and Economic Growth

 

 

Robert Reich

NationofChange / Op-Ed

Published: Tuesday 30 April 2013

 

In the election of 1952 my father voted for Dwight Eisenhower. When I asked him why he explained that “FDR’s debt” was still burdening the economy — and that I and my children and my grandchildren would be paying it down for as long as we lived. 

I was only six years old and had no idea what a “debt” was, let alone FDR’s. But I had nightmares about it for weeks. 

Yet as the years went by my father stopped talking about “FDR’s debt,” and since I was old enough to know something about economics I never worried about it. My children have never once mentioned FDR’s debt. My four-year-old grandchild hasn’t uttered a single word about it. 

By the end of World War II, the national debt was 120 percent of the entire economy. But by the mid-1950s, it was half that.

Why did it shrink? Not because the nation stopped spending. We had a Korean War, a Cold War, we rebuilt Germany and Japan, sent our GI’s to college and helped them buy homes, expanded education at all levels, and began constructing the largest public-works program in the nation’s history — the interstate highway system.

 “FDR’s debt” shrank in proportion to the national economy because the national economy grew so fast. 

I was reminded of this by the recent commotion over an error in a research paper by Carmen Reinhart and Kenneth Rogoff. 

 

The two Harvard economists had analyzed a huge amount of data from the United States and other advanced economies linking levels of public debt to economic growth. They concluded that growth turns negative (that is, economies tend to collapse into recession) when public debt rises above 90 percent of GDP.

That finding, in turn, fueled austerics, who insisted that the budget deficit (and debt) had to be cut in order to revive economic growth. 

But Reinhart and Rogoff’s computations were wrong, and average GDP growth in very-high-debt nations is around 2.2 percent rather than a negative 0.1 percent. 

A few days ago, the two offered a defense in an oped in the New York Times, asserting “very small actual differences” between their critics’ results and their own. 

Regardless, Reinhart and Rogoff seem to be correct in one basic respect: Economic growth does seem to be lower in very-high-debt countries. 

But the entire debate over their paper’s flaws begs the central question of cause and effect.

Is growth lower because of the high debt? That would still make the austeric’s case, even without the magic 90 percent tipping point. 

Or does cause-and-effect the other way around? Maybe slow growth makes debt burdens larger. There’s evidence to suggest this is the case. 

If so, government should be fueling growth through, say, spending more — at least in the short run. 

As we should have learned from what happened to “FDR’s debt,” growth is the key. 

~~~

 

Earth to Washington:

 Repeal the Sequester.

 

Robert Reich

NationofChange / OP-ED

Published: Saturday 27 April 2013

 

Economic forecasters exist to make astrologers look good. Most had forecast growth of at least 3 percent (on an annualized basis) in the first quarter. But we learned this morning (in the Commerce Department’s report) it grew only 2.5 percent.

That’s better than the 2 percent growth last year and the slowdown at the end of the year. But it’s still cause for serious concern. 

First, consumers won’t keep up the spending.Their savings rate fell sharply — from 4.7% in the last quarter of 2012 to 2.6% from January through March.

Add in March’s dismal employment report, the lowest percentage of working-age adults in jobs since 1979, and January’s hike in payroll taxes, and consumer spending will almost certainly drop. 

 

Median household incomes continues to decline, adjusted for inflation. Another report out today showed consumer confidence fell in April.

Second, the recovery continues to be wildly lopsided. The only thing really keeping it going is the rip-roaring stock market. But the stock market only boosts the wealth of the richest 10 percent of Americans, who own 90 percent of stocks (including 401-K retirement accounts).

But no economy can maintain momentum just on the spending of the richest 10 percent. Third, American exports can’t possibly pick up the slack. In fact, they’re dropping. Europe is falling into recession because of austerity economics. Japan is still a basket case. China’s economy is slowing. Much of the developing world’s economy is dependent on exports to the developed world – so don’t hold your breath for developing countries to bail us out.

So what is Washington doing? Worse than nothing. It has now adopted the same kind of austerity economics that’s doomed Europe — cutting federal spending and reducing total demand. And the sequester doesn’t end September 30. It takes an even bigger bite out of the federal budget next fiscal year.

Earth to Washington: The economy is slowing. The recovery is stalling. At the very least, repeal the sequester.

You don’t have to be an astrologer to see the dangers ahead.

~~~

 


 

Maine became the 13th state on Tuesday to go on record in favor of a constitutional amendment to reverse a U.S. Supreme Court ruling that allowed unrestricted campaign spending by corporations and wealthy individuals.

The resolution supports an amendment proposed in March by Sen. Bernie Sanders, according to the Bangor Daily News. The Maine Senate voted 25 to 9 in favor of the resolution. It passed the state House by a vote of 111 to 31. State Sen. Richard Woodbury, an independent from Yarmouth who introduced the resolution, said the Supreme Court ruling opened the door to unprecedented spending in both federal and state elections.

 

 

Call for Constitutional Amendment to end ‘corporate personhood’ on way to Maine Senate


 

By Robert Long, BDN Staff

Posted April 29, 2013, at 5:37 p.m.

AUGUSTA, MaineMaine could become the 13th state to support an amendment to the U.S. Constitution to overturn the controversial Citizens United ruling.

Sen. Richard Woodbury, I-Yarmouth, plans to introduce a resolution Tuesday in the Maine Senate that directs the state’s congressional delegation to support a constitutional amendment that would overturn the U.S. Supreme Court’s 2010 “Citizens United” opinion equating campaign spending with free speech.

Woodbury made his case for the resolution during a Maine Citizens for Clean Elections event Monday in the State House Hall of Flags. Twelve other states, most recently West Virginia earlier this month, have passed similar resolutions.

In March, independent U.S. Sen. Bernie Sanders of Vermont and Democratic U.S. Rep. Ted Deutch of Florida introduced a constitutional amendment to overturn “Citizens United.”  The proposed amendment would “expressly exclude for-profit corporations from the rights given to natural persons by the Constitution of the United States, prohibit corporate spending in all elections, and affirm the authority of Congress and the states to regulate corporations and to regulate and set limits on all election contributions and expenditures.”

Woodbury, a 2012 Clean Election candidate whose opponent’s privately funded campaign raised more than six times as much as his did, told a crowd of about 40 people — many of whom held signs or wore buttons reading “End Corporate Personhood” — that “Citizens United” has damaged democracy.

“The ‘Citizens United’ decision has been enormously destructive, to electoral politics specifically, and even more broadly to the effective practice of democracy in America by allowing essentially unlimited spending on elections by corporations and interest groups,” Woodbury said. “It has trivialized the voice and influence of regular voters.”

Monday’s event occurred four days after MCCE released a report showing that 2012 marked the first time since 2002 that private campaign spending by candidates and outside groups exceeded Maine Clean Election Act funding in legislative races. Political action committees, which gained new power as a result of the “Citizens United” ruling, dominated campaign spending on legislative races, with five PACs distributing roughly $3 million to candidates, party committees and other PACs.

Also speaking at Monday’s event, which MCCE labeled a “multipartisan” gathering, were Sen. Ed Youngblood, R-Brewer, and Rep. Mike Carey, D-Lewiston, both of whom are sponsoring bills related to election funding reform and greater public disclosure of campaign contributions.

Youngblood’s bill, LD 1309, An Act to Strengthen the Maine Clean Election Act, proposes to replace the act’s matching funds component, which was ruled unconstitutional as a result of a 2011 U.S. Supreme Court decision, with a mechanism that would allow publicly financed candidates to qualify for optional supplemental funding by collecting additional qualifying contributions.

“The system doesn’t do anything to reduce independent expenditures. In fact, it encourages it,” Youngblood said. “LD 1309 will put [Clean Election candidates who formerly would have qualified for matching funds] in a position to say to parties involved, ‘Stay out of my race.’”

He acknowledged that it’s unlikely outside groups will immediately respect requests from candidates not to make independent expenditures in close races, but “the only way long-term that you’re going to get outside money out is if candidates are willing to stand up” to third-party campaign financing, and “the only way to do that is to have sufficient Clean Election funding.”

Youngblood’s bill also proposes to double the amount of seed money that legislative candidates must collect to qualify for public campaign funding and to eliminate the mandatory seed money requirement for gubernatorial candidates.

The Legislature’s Veterans and Legal Affairs Committee has scheduled a hearing on Youngblood’s bill for Monday, May 6. After Monday’s event, Youngblood told the Bangor Daily News that he believes his bill has enough support in the House and Senate “to get it through to the governor’s desk.”

Passage of LD 1309 would require the Legislature to reject Gov. Paul LePage’s proposal to cut $4 million in Clean Election Act funding from the biennial budget that begins July 1.

Carey’s bill, LD 1271, An Act to Increase Transparency in Reporting of Party Committees, Political Action Committees and Ballot Question Committees, calls for a series of actions designed to create more transparency in campaign funding. Among them are:

• Allowing harsher penalties for campaign finance violations that occur shortly before Election Day, for failure to file as a political action or ballot question committee and for late filing of required reports;

• Requires party committees and PACs to report the names, addresses and employers of people who make “bundled” contributions; and

• Tightens reporting requirements for aggregate expenditures during the two weeks before an election.

“Disclosure is the foundation of the democratic process in America and we need more of it,” Carey said.

~~~

The following is the actual wording of the Bill for a Constitutional Amendment.

 

113TH CONGRESS

1ST SESSION

 

 

Proposing an amendment to the Constitution of the United States to restore

the rights of the American people that were taken away by the Supreme

Court’s decision in the Citizens United case and related decisions, to

protect the integrity of our elections, and to limit the corrosive influence

of money in our democratic process.

 

 

IN THE SENATE OF THE UNITED STATES

llllllllll

 

Mr. SANDERS introduced the following bill; which was read twice and referred to the Committee on.

A BILL

 

Proposing an amendment to the Constitution of the United

States to restore the rights of the American people that

were taken away by the Supreme Court’s decision in

the Citizens United case and related decisions, to protect

the integrity of our elections, and to limit the corrosive

influence of money in our democratic process.

 

1        Be it enacted by the Senate and House of Representa

2     tives of the United States of America in Congress assembled,

3     That the following article is proposed as an amendment

4     to the Constitution of the United States, which shall be

5     valid to all intents and purposes as part of the Constitu-

6     tion when ratified by the legislatures of three-fourths of

 

MCG13145                                                                                                                    S.L.C.

2.

1     the several States within seven years after the date of its

2     submission for ratification:

3                                               ‘‘ARTICLE

 

4                  ‘‘SECTION 1. Whereas the right to vote in public elec

5     tions belongs only to natural persons as citizens of the

6     United States, so shall the ability to make contributions

7     and expenditures to influence the outcome of public elec8

8     tions belong only to natural persons in accordance with

9      this Article.

 

10               ‘‘SECTION 2. Nothing in this Constitution shall be

11     construed to restrict the power of Congress and the States

12     to protect the integrity and fairness of the electoral proc

13     ess, limit the corrupting influence of private wealth in pub

14     lic elections, and guarantee the dependence of elected offi

15     cials on the people alone by taking actions which may in

16     clude the establishment of systems of public financing for

17     elections, the imposition of requirements to ensure the dis

18     closure of contributions and expenditures made to influ

19     ence the outcome of a public election by candidates, indi

20     viduals, and associations of individuals, and the imposition

21     of content neutral limitations on all such contributions

22     and expenditures.

 

23               ‘‘SECTION 3. Nothing in this Article shall be con

24     strued to alter the freedom of the press.

 

MCG13145                                                                                                        s.l.c.

                                                          3.

 

1                 ‘‘SECTION 4. Congress and the States shall have the

2     power to enforce this Article through appropriate legisla

3     tion.’’

~~~

 

 

 

 

More Than One Million Comments Urge Obama Administration to Reject Keystone XL


EcoWatch / News Report

Published: Sunday 28 April 2013

 

Opponents of Keystone XL have submitted more than one million comments urging President Obama, Secretary Kerry and the State Department to reject the Keystone XL tar sands pipeline, following the publication of the latest deficient environmental review. There is a common message among the opponents of the pipeline: Keystone XL is all risk and no reward.

The one million comments were collected from more than 20 organizations, including: 350.org, Alliance for Climate Education, Avaaz, Bold Nebraska, CCAN, Center for Effective Government, Credo, Environmental Action, Friends of the Earth, FWW, Greenpeace, League of Conservation Voters, League of Women Voters, MoveOn, NWF, Oil Change International, Natural Resources Defense Council, Rainforest Action Network, Sierra Club and SumofUs.org.

“It’s going to take some time for State Department and the White House to go through a million comments, but when they do they’ll see a common thread: people from every part of the country in every walk of life think that this pipeline is bad for our land, water and climate,” said Daniel Kessler, spokesperson for 350.org.

 

 “Families from Arkansas, Michigan, Nebraska and across the country have weighed-in in huge numbers urging President Obama and Secretary Kerry to reject Keystone XL,” said Randy Thompson, Nebraska landowner. “There is too much risk to trade away our health, our water and our land for a tar sands pipeline that benefits foreign oil companies. Momentum is building against the Keystone XL tar sands pipeline every single day.”

 

More than 200 pipeline opponents testified at the State Department hearing last week. The tar sands spill in Arkansas has raised new concerns about pipeline safety and the specific risks associated with transporting corrosive and toxic tar sands—especially near and through important bodies of water. The Keystone XL tar sands pipeline would be nearly twice as wide as the pipeline that ruptured in Arkansas, and would carry almost nine times as much tar sands oil every day. Already, there have been reports of illness and other health impacts from those in the areas surrounding the Arkansas spill—mirroring  complaints from three years ago in Kalamazoo.

“The Keystone XL tar sands pipeline is simply not in our national interest,” said Frances Beinecke, president of the Natural Resources Defense Council. “It’s a profit scheme for big oil. It would feed our addiction to fossil fuels, accelerate climate change and put our heartland farmers, ranchers and communities at risk. It needs to be denied.”

Momentum and citizen action are on the side of those who want to stop this risky pipeline. More than 90 percent of those who testified in front of the State Department last week in Grand Island, NE spoke out against the project, and the more than one million comments submitted to President Obama and the State Department stress the risks to health and safety, water and climate.

“Momentum is building nationwide against the Keystone XL tar sands pipeline. These million comments make clear that the American people know the Keystone XL tar sands pipeline is all risk and no reward, and we hope Secretary Kerry and President Obama come to the same conclusion and reject this harmful pipeline,” said Gene Karpinski, president of the League of Conservation Voters.

“It’s time for the president to turn his climate rhetoric into climate action, by going all in on clean energy and rejecting the dirty and dangerous Keystone XL tar sands pipeline once and for all,” said Michael Brune, executive director of the Sierra Club.

President Obama said in his Earth Day proclamation, “Nothing is more powerful than millions of voices calling for change.” Millions of voices from across the political spectrum—landowners, native tribes, organic ranchers, parents, health professionals and environmental activists—are using their voices to call for President Obama and Secretary Kerry to reject Keystone XL and protect our land, water and homes.

TransCanada, the company behind Keystone XL, has a terrible safety record despite all their claims of world-class safety. In 2010, TransCanada built a different pipeline called “Keystone.” In its first year, that pipeline experienced 14 separate spills in the U.S.—nearly one every month. One of those spills alone released 21,000 gallons of oil. Between the U.S. and Canada, the original Keystone pipeline had “over 30 spills” in its first year, according to a report by Cornell University’s Global Labor Institute. These spills came after TransCanada’s CEO pledged the pipeline would “meet or exceed world-class safety and environmental standards.”

 

~~~

If the good Lord is willing and the creek don't rise, I'll talk with you again next Tuesday May 7, 2013.

 

God Bless You All

&

God Bless the United States of America

Floyd

 

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