December 2011

Waiting for the Jubilee

Every economy is planned. This traditionally has been the function of government. Relinquishing this role under the slogan of “free markets” leaves it in the hands of banks. -- Michael Hudson,, December 2, 2011
Wall Street Journal
Massachusetts sues banks over foreclosures .Article Comments more in New York | Find New $LINKTEXTFIND$ ».Email Print Save ↓ More .
Associated Press

Speak up now or forget it

First they came for the communists,
and I didn't speak out because I wasn't a communist.
Then they came for the trade unionists,
and I didn't speak out because I wasn't a trade unionist.
Then they came for the Jews,
and I didn't speak out because I wasn't a Jew.
Then they came for me
and there was no one left to speak out for me.
--Pastor Martin Niemöller (1892–1984)

"Green" corporate economic explosion on dark side of fracking

"It's been explosive growth for them," he said in a telephone interview. "The economics on it are staggering." -- Bloomberg, 12-12-11
Bloomberg News
Dark Side of Fracking Makes Heckmann a Takeover Target: Real M&A…David Wethe and Tara Lachapelle, ©2011 Bloomberg News. Editors: Michael Tsang, Daniel Hauck.

Californians voted for high speed flak

We agree with Merced County Planning Coimmissioner Jack Mobley's letter below. The people of California generally believed that they were voting to spend $9 billion to plan for a railroad along existing rail routes from LA to SF to travel at a high rate of speed. What they bought for their money was dishonest ridership.