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Tony Blair: hanging bankers won’t help

Posted on July 26th, 2012 at 21:09 by Paul Jay in category: News

[Quote]:

Public anger over the financial crisis is wrong and must not lead Britain to “hang bankers at the end of the street,” Tony Blair says.

Mr Blair’s intervention is likely to prove controversial because of his commercial interests since leaving Downing Street five years ago. He is an adviser to JP Morgan, a US investment bank; Zurich, a Swiss financial firm; and has clients, including several governments, which are said to deliver an annual income of about £20 million.


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  1. Why must we always bad-mouth the crazy, blood soaked, warmongers can’t we just let them get on with there business in peace?

  2. However it will make the majority feel much better. The trick for parasites is to either become useful or at least not to threaten the existence of the host…to bad they didn’t control their numbers.

  3. I wonder how many more people need to say “don’t hang the bankers” for people to start thinking it might actually be a good idea… Let me be very clear: I really think hanging the bankers at the end of the street is not the sollution ;)

Lockdown in London: Professor, Ex-U.S. Athlete Jules Boykoff on Olympic Censorship & Militarization

Posted on July 26th, 2012 at 20:38 by Paul Jay in category: News

[Quote]:

Britain has launched its biggest peacetime security operation ever ahead of the opening of the Summer Olympics. Nearly 20,000 armed forces personnel are now providing security — almost double the number of British troops currently serving in Afghanistan. The Olympic Games are estimated to cost British taxpayers a staggering $17 billion. At the same time, Brits near the Olympic Park have been subjected to sweeping censorship laws enacted by their government at the behest of the International Olympic Committee. Meanwhile, activists are outraged that the Olympics’ long list of sponsors include companies such as Dow Chemicals and BP. They say the corporations’ human rights records are at odds with the Olympic ideals of global peace and goodwill. We go to London to speak with Jules Boykoff, a professor and author who is currently writing a book on dissent and the Olympics. He played for the U.S. Olympic soccer team in international competition from 1989-1991.

Sure. Well, the sponsors are the elites of the global elite from corporate—the corporate world, so you have Coca-Cola, McDonald’s, Cadbury. These aren’t exactly the firms you might think of when you think of elite athleticism. You’ve got all of them. They started a new thing in London called “sustainability partners.” And somewhat unbelievably, one of the sustainability partners is actually BP, which you mentioned at the outset, also EDF Energy, which is a big pusher of nuclear power here in Europe.


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Bob Ross Remixed | Happy Little Clouds

Posted on July 26th, 2012 at 19:50 by John Sinteur in category: News


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A Sister’s Eulogy for Steve Jobs

Posted on July 26th, 2012 at 19:15 by John Sinteur in category: Apple

[Quote]:

This is what I learned: he was working at this, too. Death didn’t happen to Steve, he achieved it.


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Citi sees 90 percent chance of Greece leaving the euro

Posted on July 26th, 2012 at 18:36 by John Sinteur in category: News

[Quote]:

The chances of Greece leaving the euro in the next 12-18 months have risen to about 90 percent, U.S. bank Citi said in a report on Thursday, saying Athens was most likely to quit the single currency within the next two to three quarters.


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RIP Andre Hedrick: The engineer who kept the PC open

Posted on July 26th, 2012 at 18:34 by John Sinteur in category: Intellectual Property

[Quote]:

Andre Hedrick, a principal engineer and operating system architect at Cisco Systems and a Linux kernel contributor, has died. He leaves behind a wife, four young children and many friends.

Andre made a significant contribution to personal computing history in a way few people fully realise.


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Democalypse 2012 – Do We Look Stupid? Don’t Answer That Edition – Grammatical Gaffes – The Daily Show with Jon Stewart

Posted on July 26th, 2012 at 18:28 by John Sinteur in category: News

The Daily Show with Jon Stewart
Get More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook


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Mitt Romney’s Foreign Policy Senior Advisor, Rich Williamson, Refers to Russia as “Soviet Union”

Posted on July 26th, 2012 at 13:37 by John Sinteur in category: ¿ʞɔnɟ ǝɥʇ ʇɐɥʍ


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  1. A slow brain also. By the way, he said “interestses” which should be “interests”. Guess the a_hole learned how to talk from W when he served as envoy to Sudan. The return of the neocons.

Cartoons

Posted on July 26th, 2012 at 12:52 by John Sinteur in category: Cartoon


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French President Hollande’s Plan to Tax Rich Touches Nerve

Posted on July 26th, 2012 at 5:03 by John Sinteur in category: News

[Quote]:

At a recent press conference in Paris, Swedish soccer star Zlatan Ibrahimovic announced that a French team had signed him for about $17 million a year.

Soccer salaries often cause controversy, but Ibrahimovic’s created an instant scandal.

The next morning President Hollande had his deputy budget minister Jerome Cahuzac go on French radio, to denounce the record pay-out as indecent.

The French government’s reaction won’t just be indignation. If Hollande has his way, Ibrahimovic will get socked with a 75 percent income tax on his new mega-salary. Same goes for anyone earning more than about $1.2 million a year in France.


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  1. Oooh, I really, really hope Hollande gets that passed.

    Let’s hope it’s first of the dominoes…

  2. Ok, I know higher tax for higher earners is good for the economy. But I do sincerely hope two things. First, that they do up the highest tax slot in all of the western worlds and second, that they do it gradually, evenly and without exemplifying. A knee-jerk response like this won’t do any good, except maybe for Hollande’s popularity (and even that I question). What Hollande does is not sound fiscal policy nor is it intended to be and he knows it. Why can’t they just appoint a technocrat like in Italy?

  3. It’s not a knee-jerk response by Hollande. The 75% tax on high incomes was in his election program.

  4. Now we’re down to the somewhat noisy and unpleasant (for them) business of eating the rich, the penultimate resource.

    Oh dear! You didn’t realize that they were fattening you up, all the while selling you posh shoes and hand bags?

  5. Let’s hope there’s enough chianti and fava beans to go around.

  6. Poor fellow – he will only take home $4.25M a year… I could easily live in the style to which I would like to be accustomed on that kind of chump change! :-)

  7. According to economy, fiscal policies has no effect whatsoever, so I don’t see much economical problem with it :)

    On the other hand I am still a fan of 1) flat rate tax, 2) sensible payments.

  8. If you have that much money you (can spend it on experts to regulate it in a way that you) don’t have to pay taxes.