Paul Krugman: A Nation Is Not a Business

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From: "t r u t h o u t" <messenger@truthout.org>
Date: Jul 25, 2012 3:44 PM
Subject: Paul Krugman: A Nation Is Not a Business
To: <aquarianm@gmail.com>

Click here to view this and past newsletters online. Please add "messenger@truthout.org" to your email contacts to ensure delivery. To all of our readers and donors - thank you so much for helping us get extremely close to our fundraising goal! The Truthout community continues to empower this organization. For that, we are humbled and deeply grateful. Wednesday 25 July 2012 Paul Krugman: A Nation Is Not a Business Paul Krugman, Krugman & Co.: "President Obama gets this exactly right: 'When some people question why I would challenge [Mitt Romney's] Bain record ... if you're a head of a large private equity firm or hedge fund, your job is to make money. It's not to create jobs. It's not even to create a successful business - it's to make sure that you're maximizing returns for your investor.' A country is not a company - and it's definitely not a private equity firm." Read the Article Michael Moore | It's the Guns - but We All Know, It's Not Really the Guns Michael Moore, Michael Moore's Web Site: "In modern times, nearly every nation has had a psychopath or two commit a mass murder, regardless of how strict their gun laws are - the crazed white supremacist in Norway one year ago Sunday, the schoolyard butcher in Dunblane, Scotland, the Ecole Polytechnique killer in Montreal, the mass murderer in Erfurt, Germany ... the list seems endless.... But here's the difference between the rest of the world and us: We have TWO Auroras that take place every single day of every single year!" Read the Article Did the San Francisco Police Department Get Away With an Execution? J.A. Myerson, Truthout: "Last week, a San Francisco police officer shot 32-year-old Pralith Pralourng to death on Pralourng's lunch break. Pralourng, an Oakland man of Thai descent, was suspected of having slashed a friend of his with a box cutter at their job in a chocolate factory on the San Francisco peer. We have been offered two conflicting accounts of what happened ... right around the time the gun went off." Read the Article Romney Bundler a Registered Foreign Agent for Hong Kong Josh Israel, ThinkProgress: "Newly released lobbyist bundler disclosure records filed by the Mitt Romney campaign show that Tom Loeffler raised at least $17,500 in bundled contributions for the campaign over the first six months of 2012. Loeffler, a former Republican U.S. Representative from Texas and a lobbyist at Akin Gump represents a wide array of domestic clients ... but a review of Foreign Agent Registration Act reveals that Loeffler registered in February as a registered agent for a foreign government: the Hong Kong Trade Development Council (HKTDC)." Read the Article Canadian Mining Goliaths Devastate Mexican Indigenous Communities and Environment David Bacon, Truthout: "For over two decades in many parts of Mexico, large corporations - mostly foreign owned but usually with wealthy Mexican partners - have developed huge projects in rural areas. Called mega-projects, the mines and resource extraction efforts take advantage of economic reforms and trade treaties like the North American Free Trade Agreement. Emphasizing foreign investment, even at the cost of environmental destruction and the displacement of people, has been the development policy of Mexican administrations since the 1970s." Read the Article The Other ALECs' K-12 Education Agenda Exposed Sarah Blaskey and Steve Horn, Truthout: "For over 30 years, corporate America and its allies on both sides of the political aisle have carried out an assault on US workers, pushing down wages, slashing benefits and busting unions.... Public schools have become the centerpiece of the struggle. Through an array of recent policy initiatives, influential policy wonks are attempting to restructure education fundamentally. According to Jesse Hagopian, a teacher and union activist in Seattle, part of this restructuring process is happening through model bills being enacted systematically in statehouses nationwide." Read the Article On the News With Thom Hartmann: Millions of Americans Will Not Have Access to Health Insurance Under the Affordable Care Act Thanks to the Supreme Court's Recent Decision, and More In today's On the News segment: Millions of Americans will not have access to health insurance under the Affordable Care Act thanks to the Supreme Court's recent decision; Senate Democrats are now openly promoting the idea of a constitutional amendment to overturn Citizens United; gun sales in Colorado have gone through the roof; and more. Watch the Video and Read the Transcript Alexander Cockburn and the Radical Power of the Word John Nichols, The Nation: "Alex shared Tom Paine's faith in the necessity of information and insight, of speaking truth to power; this, he knew, to be the essential element for building the activism that would begin the world over again. He was a radical democrat who believed ultimately in the power of the people to overturn the corruptions of empire that politicians and the corporate media would otherwise keep in place." Read the Article Fed Leaning Closer to New Stimulus if No Growth Is Seen Binyamin Appelbaum, The New York Times News Service: "A growing number of Federal Reserve officials have concluded that the central bank needs to expand its stimulus campaign unless the nation's economy soon shows signs of improvement, including job growth.... Mr. Bernanke and other Fed officials are convinced that such a step would further drive down long-term interest rates and improve the pace of economic growth, but they are concerned that the benefits would be modest and the costs uncertain." Read the Article Yes, Blame the NRA for the Movie Theater Shooting in Colorado Peter Dreier, Truthout: "The NRA has two knee-jerk responses to [gun control]. The first is that the Second Amendment gives all Americans the right to possess guns of all kinds ... The second is the cliche that 'guns don't kill people, people kill people.' To the NRA, gun laws have nothing to do with the epidemic of gun-related killings. Both of these arguments are bogus, but the NRA has the money and membership (four million) to translate these idiot ideas into political clout to thwart even reasonable gun control laws." Read the Article Legislators Solicit Corporate Cash to Attend ALEC Utah Meeting Sara Jerving, PRWatch: "Through ALEC 'scholarships,' corporations can funnel gifts to ALEC politicians in the form of flights, hotel rooms, and other perks so they can attend ALEC conferences, which are often held at fancy resorts and look a lot like a vacation. Once at the conference, corporations and legislators vote as equals to approve ALEC 'model' bills which in many cases benefit the same corporations that funded the legislators' travel costs." Read the Article Click here for more Truthout articles TRUTHOUT'S BUZZFLASH DAILY HEADLINES Ivy League Eugenics Advocates in the US Supported Aryan Purity Just Like Hitler Mark Karlin, BuzzFlash at Truthout: "At our most prestigious universities of higher learning, between the great wars, some of the leading professors held a philosophy of white racial purity perilously close to Hitler's (minus the mass killings for the most part). That legacy is still a part of current American politics as white entitlement and racial superiority still play a key role in electoral politics for many." Read the BuzzFlash Commentary Maureen Dowd: Mitt Romney Is Hiding in Plain Sight Read the Article at The New York Times US Attorney's Office to Review Deadly Anaheim Police Shootings After Violent Protests Read the Article at The Associated Press Pennsylvania Admits There Is No Known "Voter Fraud" That Would Have Been Prevented by State GOP's New Polling Place Photo ID Restrictions Read the Article at The Brad Blog Democrats Push Ahead With Bold Bush Tax Cut Strategy Read the Article at Talking Points Memo New Orleans Agrees to Major Police Reforms Read the Article at The Associated Press Suu Kyi Addresses Myanmar Parliament, Illustrating Year of Change Read the Article at Reuters Bernie Sanders (and Two Million Angry Americans) Versus the Billionaires Read the Article at The Nation Click here for more BuzzFlash headlines ---------- Support Truthout with a tax-deductible donation by clicking here. 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