Economics
'GREEN-COLLAR' JOBS: A Solution to NYC's Environmental and Workforce Ills?
This comes from Sustainable South Bronx:
November 12th--'GREEN-COLLAR' JOBS: A Solution to NYC's Environmental and Workforce Ills?
Join SSBx's Executive Director Miquela Craytor on Wednesday, November 12, 2008, from 10 am to 12 pm for a seminar on green collar jobs in New York City.
Across the U.S., labor and political leaders advocate investment in a green economic recovery to boost employment and address climate change. Last year, Congress passed the Green Jobs Act which, if fully funded, would allocate $125 million to train workers in green trades. The Presidential candidates have sought even greater investments in green infrastructure.
What exactly are 'green-collar' jobs--and how can New York City create them?
Location: Theresa Lang Community & Student Center, Arnhold Hall
55 West 13th Street bet, 5th & 6 Aves, 2nd fl., ManhattanSPEAKERS:
Echo Cartwright, Assistant Secretary for Energy and Environment, State of New York;
Miquela Craytor, Executive Director, Sustainable South Bronx;
Ramón Cruz, Vice President for Energy and Environment, Partnership for NYC;
Ed Ott, Executive Director, New York City Central Labor Council
Economics | Environment | green collar jobs | Sustainable South Bronx
Psalm 82 and Election Day
The Jewish morning prayer service ends with the Psalm of the day. Psalm 82 concludes the service on Tuesdays, which is also Election Day in this Country. I find it an interesting coincidence that the Psalm, written more than two millennia ago and admonishes hypocritical leaders who favor the powerful over the poor, is read on Election Day. When I read it, I always imagine a biblical era prophet chastising contemporary Republicans.
The Birnbaum Siddur or Prayerbook reads right to left with the odd pages written in Hebrew while the even pages contain translations of the Hebrew text in archaic King James style English. I choose to pray with Birnbaum when it's an available option, over books with easier to understand English, because I'm used to its liturgical translation. Although I know how to read Hebrew and recite some prayers in that ancient tongue, I understand little of the language and pray mostly in English. Using other English translations throws me off.
Containing just 8 sentences, Psalm 82 is among the Bible's shortest chapters. Below is the Birnbaum version of the Psalm.
Arthur Brooks | Barack Obama | Democrats | e | Economics | George W Bush | Jerry Nadler | John McCain | Judaism | Mark Green | Presidential Debates | Psalm 82 | Reagan | Religion | Republicans | Social Justice | Staten Island | Syracuse University | The Bible | Roy Moskowitz | Who Really Cares
The wisdom of Ron Paul
"To fix prices at a higher level than they should be is going to compound our problem."
I'd never vote for him thanks to his rabid anti-abortion stance and seriously white supremacist tendencies. Yet when Ron Paul opens his mouth to talk economics, I do listen.
Ron Paul's assessment of the current crisis is very simple : The government wants to fix prices; to keep the prices of housing, of securities and of the banks at their pre-crisis levels. This obviously goes against the "natural" flow of the markets and it's what historically brought us the much invoked "Great Depression". You can keep prices artificially for so long.
Economics | Finance | Wall Street
I don't know about you but all this crisis in Wall Street makes me pine for...

Eliot Spitzer
Bail Out of 2008 | Banking | Corruption | Economics | Politics | Wall Street | Eliot Spitzer
What does Paulson want?
Reuters published a handy summary of Paulson's bail out proposal along with the counterproposals by Democrats :
- Would allow up to $700 billion in mortgage assets to be held by Treasury at any one time.
- Allows the Treasury to buy any mortgage-related assets, both residential and commercial, for a two-year period. The plan does not detail the types of mortgage assets this could cover and or how long the government could hold them, and does not establish how they would be valued. However, if deemed needed to promote financial market stability, any type of financial instrument could be bought.
- Assets must have been originated or issued before September 17, 2008, by a financial institution having "significant operations" in the United States. This provision could also be waived if deemed needed to promote financial stability.
Economics | Economy | Finance | Government | US Treasury | Wall Street | Federal Reserve Bank | Henry Paulson
Right-Wing Economics vs. Reality
For the past couple of months, I've been working on an economic essay, designed to rebut 30 years of right-wing propaganda. The idea is that after all that time most people meekly accept the right-wing line (cutting taxes raises revenue, for instance), and somebody needs to step up and challenge it.
In my essay, I endeavor to debunk the following right-wing economic postulates:
1. Entrepreneurs, and the venture capitalists who back them, create jobs.
2. Lowering tax rates results in more revenue for the government.
3. Reducing restrictions on business activities is good for business.
4. Free trade agreements increase economic activity and raise the standard of living.
5. Government cannot do anything domestically to increase economic activity.
6. A flat tax is fair.
I like to think I've done a pretty good job, but feel free to decide for yourself. It's too long to post here; the essay is available on my website. Just click on #173, "Right-Wing Economics vs. Reality" on the right-hand column, and enjoy. (Note: At the end is a link to an 11-page PDF version.)
Barking Crazy Rightwingers | Economics | John McCain | Supply-side | Taxes
Global Warming: Top Scientist Tells Us We have Just One Year Left to Act
Global warming is hitting us already. It is no coincidence that some of the biggest storms and an unexpected number of storms are hitting us now. Nor are food shortages coincidence...nor are they caused primarily by biofuels. Extreme weather, an expected part of global warming, is hitting us hard, damaging crops around the world. Crops are established based on a particular climate. That climate has changed and it will take time for agriculture to adapt and infrastructure to be put into place. Time and money.
Global warming isn't our future. It is our now.
Economics | Energy | Environment | Global Warming | science | Jim Hansen
Israel/Palestine: Developments we need to see more of
No Sweat Apparel is a company I have plugged before and which I purchase clothes from. I have shoes, flip flops, shirts and pants from them. Their products are all fair trade and/or union made. Most of their stuff is good quality (though occasionally shoes wear out fast) and their flip flops are really cool, designed by Indonesian children with some of the proceeds going to fund the education of that child. All in all, a good company with cool products that are fair to workers.
Economics | Fair Trade | Israel | No Sweat Apperal | Palestine | Peace | union
Two Years After Katrina: Race, Political Relavence, and Survival in America
This diary was originally written once the lessons of Hurricane Katrina had sunk in a bit. This week is the second anniversary of Hurricane Katrina. Two years ag...I remember watching on the weather channel as a category 5 hurricane was bearing down on the Gulf Coast and thinking, "THAT is going to be really bad."
But no one in the Bush Administration seemed to think that. They thought about celebrating John McCain's birthday, buying shoes in NYC, vacationing...while one hell of a hurricane was bearing down on America's Gulf Coast.
The people of America's Gulf coast didn't matter to the Bush Administration. Those people we watched die of neglect in New Orleans died because Republican America considered them insignificant...worthless...useless.
Demographics | Economics | empowerment | Human Rights | Hurricane Katrina | poverty | Race
The Real Unemployment Rate
Mark Twain said there are lies, damn lies and statistics and his adage applies to unemployment measurement. The Bureau of Labor Statistics (BLS) publishes six unemployment metrics monthly, each referred to in ascending order of inclusiveness of the unemployed as U-1, U-2, etc.
The measure reported by the media as the unemployment rate that severely undercounts the unemployed is referred to as U-3. The U-3 rate is obtained by dividing the narrowest definition of the unemployed by the work force.
The U-3 definition does not include whom the BLS calls discouraged and marginal workers, those who want a job but have given up the search because market conditions and personal experience indicate the process is futile.
U-6 Unemployment counts the marginal and discouraged plus those seeking full time employment but can only find part time work. The Federal Reserve tracks what it defines as the Augmented Unemployment rate, which I’ve read is equivalent to U-6 less part time workers. I couldn’t find any Augmented Unemployment releases on the Fed site and despite major data inclusion differences, some bloggers have used U-6 and the Fed’s stat interchangeably.
Bureau of Labor Statistics | Crazy Barking Right Wingers | Economics | Fast Food | Federal Reserve | Fox "News" | Media | Mult-Level Marketing | New York Times | NewsMax | Real Estate | Talk Radio | Unemployment | Urban Youth | Bill Clinton | Bill Gates | George W. Bush | Mark Twain | Wal-Mart | Warren Buffett








