Showing posts with label EconomicCrises. Show all posts
Showing posts with label EconomicCrises. Show all posts

Sunday, January 8, 2012

Daily Kos Labor at Daily Kos

As Indiana Republicans rush to pass an anti-union bill before the Super Bowl and its high-profile union players come to town, the state's Democratic legislators are fighting to slow down the rush and get enough votes to block the bill, despite serious possible cost to themselves for taking this stand. Send a message offering your support to Indiana House Democrats.
And more:
Discuss
Thirty-seven Indiana Democrats are on their third day of denying Republicans the 67-member quorum necessary to proceed with union-busting "right to work" legislation in the Indiana House of Representatives. The Democrats continue to not show up to the chamber despite now facing fines of $1,000 a day.
Why do Democrats continue to hold out, despite facing very real financial threats to themselves and their families, and despite Republicans holding a 60-40 majority in the House of Representatives? Because Democrats and unions are within striking distance of stopping the bill.
A source close to the process has told Daily Kos that Indiana Democrats are "very close to having the votes to defeat the bill on the floor." A total of 51 votes is needed to defeat the bill, and while Democrats are united in opposition, Republicans are divided.
This information is based on an anonymous source, so obviously take it with a grain of salt. Still, there is an intuitive logic backing it up. With multiple members of the Democratic caucus actually facing the possibility of losing their homes over this, at this point they would not be staying out of the chamber if the fight was hopeless.
As Indiana Democrats and unions scramble to round up the final votes needed to stop this bill, please send a supportive email to the Indiana House Democratic Caucus. It's a small gesture, but right now we need to offer whatever support we can.
Discuss
melting ice cubes
Freezing pay for federal workers was not one of President Obama's good moves, either as policy or politics. Now, he's proposing to thaw the freeze a tiny bit, calling for a 0.5 percent pay increase for federal workers.
Despite the tininess of 0.5 percent, Republicans in Congress can be reliably expected to block the raise or try to trade it for another policy the president supports:
[American Federation of Government Employees President John] Gage said “a real threat” remains that Republicans will successfully enact a pay freeze as part of the payroll tax negotiations. AFGE and other unions believe Republicans should focus on raising taxes on the wealthiest Americans instead of federal employees, the vast majority of whom are middle-class wage earners.
That sounds about right for Republicans: In exchange for a broad-based middle-class tax cut you'll be skewered for opposing, demand a sacrifice from a particular 2 million-person slice of the middle class that's already taken a big hit.
Discuss
teacher and student
The New York Times reports on a new study finding that:
Elementary- and middle-school teachers who help raise their students’ standardized-test scores seem to have a wide-ranging, lasting positive effect on those students’ lives beyond academics, including lower teenage-pregnancy rates and greater college matriculation and adult earnings, according to a new study that tracked 2.5 million students over 20 years.
The study, by economists Raj Chetty and John Friedman, both of Harvard, and Columbia's Jonah Rockoff, has yet to be reviewed by a journal for publication, but has been widely presented to other economists. It is a 93-page document dense with notations, appendices, tables, and equations, which means it's going to be extremely vulnerable to people on all sides of the education debate pulling out what suits them; based on the volume of tweets about the study by Hari "StudentsLast" Sevugan in the hours after the Times article came out, the corporate reform crowd can't wait to use this one study to start firing teachers.
But, as you might imagine, if good outcomes for students are what you care about, the policy picture is considerably more complex than this. This is one study, albeit a massive and carefully designed one. It takes its place among many other studies showing great uncertainty about how we can tell who is an effective teacher, how to support good teachers in their work, and what tests tell us about what works and what doesn't. For instance, one of the authors of this study, John Friedman, tells the Times that "The message is to fire people sooner rather than later." But, even if we assume that firing is the only answer and that offering training and support to increase teacher effectiveness shouldn't be tried, highly effective teachers don't spring fully formed from the head of Zeus. Other studies find that teacher effectiveness grows steadily for at least the first five years on the job. So if you fire someone "sooner rather than later," you may have lost a future highly effective teacher.
In other words, this study directs us to take value added measures seriously. But if good policy is what you care about, you don't base your policy on only one study. And, crucially, the question of what policies an emphasis on value added measures point us to remains very much open.
Discuss
Walmart
At Walmart's fall shareholder meeting, a group of Walmart workers and a United Food and Commercial Workers analyst held a separate event to talk about problems at the company, and how understaffing could cause problems for customers. Despite Walmart's continuing dismissive attitude to workers' attempts to gain a greater voice at the company, one major investor recently took action. Lila Shapiro at Huffington Post reports that:
On Tuesday, the Netherlands' biggest pension fund, Algemeen Burgerlijk Pensioenfonds, with more than $300 billion in assets, announced that it was blacklisting the largest retailer in the world for noncompliance with the United Nations' Global Compact principles. The Global Compact presents a set of core values relating to human rights, labor standards, the environment and anti-corruption efforts. Sixteen other companies were blacklisted along with Walmart, nearly all of them excluded for producing chemical or nuclear weapons that violate the Nuclear Non-Proliferation Treaty.
ABP said on Wednesday that the decision to pull its investment from Walmart was not hasty. The fund declined to say how much money is involved, but according to ABP records, it had invested some 95 million euros, worth $121 million today, in U.S. Walmart stores as of June 30, 2011. The fund first sent a letter to Walmart executives in 2008, a year after ABP formalized its responsible-investing policy. Four years later, after many meetings with employees and all levels of management, ABP concluded the retail giant was still falling short.
The event during the shareholder meeting played a part in ABP's decision:
But [ABP senior sustainability specialist Anna] Pot, who attended that meeting, thought it was useful. Although it was not the only factor driving ABP's decision to divest, it was among them. Also high on the list: a job description found on Walmart's website last June, seeking a new director of labor relations whose listed duties included "support continued union free workplace."
There's an interesting contrast here. When Walmart workers rally outside corporate headquarters or speak to shareholders, Walmart comments in variously dismissive or patronizing ways. When a major pension fund that has invested more than $120 million in the company pulls out, Walmart declines to comment at all. But you have to wonder if it will change the tone the next time workers try to get Walmart's attention.
Discuss
Workers are once again gathering at the Indiana statehouse as Republican legislators rush a so-called "right to work" bill through to passage. Once passed—and with Republicans holding commanding majorities in both the House and Senate, it will be passed—the law will force union members to pay for the union to represent their coworkers who choose not to be union members.
The Indianapolis Star reported Thursday evening that:
Usually bills are heard independently in the House and Senate, taking a few weeks in each chamber to be debated and voted upon.
This year, the House and Senate have scheduled an unusual joint hearing on Friday for the “right to work” bill, and Bosma said it would be available then for possible amendment by the full House on Monday and a final vote in the House on Tuesday.
Friday morning, as the hearing began:
This morning, the House chamber — where the hearing is taking place — is packed with lobbyists and news media on the floor, with the public gallery filled, mainly with union members. Others are in the hallway, watching through the large glass windows at the back of the chamber.
But so far, the protesters are silent, as if at a wake.
In a sense they are. They're awaiting the passage of a law that will not only fracture solidarity in the workplace but will drive down wages and working conditions for all Indiana workers. It's a sad day.
11:55 AM PT: One possible reason for the rush is that, in a few weeks, the Super Bowl will be bringing some prominent union members to Indianapolis. In a statement, the NFL Players Association says:
To win, we have to work together and look out for one another. Today, even as the city of Indianapolis is exemplifying that teamwork in preparing to host the Super Bowl, politicians are looking to destroy it trying to ram through so-called “right-to-work” legislation.
“Right-to-work” is a political ploy designed to destroy basic workers’ rights. It’s not about jobs or rights, and it’s the wrong priority for Indiana.
Discuss
The Bureau of Labor Statistics reported the private sector generated 212,000 jobs in December and the official unemployment rate fell to 8.5 percent. It was the best job creation showing since April 2011 and the best jobless rate since February 2009. The numbers are seasonally adjusted. The number of officially unemployed is now 13.1 million with 5.6 million of those unemployed for six months or longer. Both the civilian labor force participation rate at 64 percent and the employment-population ratio at 58.5 percent were unchanged over the last month. About 50,000 Americans left the labor force in December.
If job creation were to continue at this level, it would take until July 2014 to return to the number of Americans who were employed in December 2007 when the recession started.
Revisions for payroll employment in October raised the numbers from 100,000 to 112,000 and for November lowered them from 120,000 to 100,000.
An alternative measure of unemployment called U6 includes part-time workers who want full-time work and some but not all of the millions of people who have become too discouraged to look for work. That number fell from 15.6 percent to 15.2 percent.
Here's what the numbers looked like for the most recent five Decembers:
December 2007: + 84,000
December 2008: -619,000
December 2009: -130,000
December 2010: +152,000
December 2011: +200,000
In the past 12 months, the best previous increases reported by the BLS were 210,000 in September, 217,000 in April and 235,000 in February.
Expectations had increased somewhat Thursday when ADP reported 325,000 private sector jobs had been created. Why such a gap between ADP and the BLS? Year-end reporting by ADP may reflect an accounting adjustment that has overstated job gains in the past.
The BLS jobs report is the product of a pair of surveys, one of business establishments and the Current Population Survey of households. The establishment survey determines how many new jobs were added. The CPS provides data that determine the official "headline" unemployment rate, also known as U3. That's the number that fell to 8.5 percent.
[Mesirow Financial chief economist Diane Swonk expects] the December report to be better than those in some of the coming months, as Europe’s debt crisis continues and Washington budget and tax talks come back into focus.
“I’m looking at a slowdown in growth as we move into 2012 from the fourth quarter… we’ve gotten an uneven recovery that’s accelerating. That’s kind of like ‘a glass half full,’” she said. “I think we’re going to have some rocky months ahead. I think we’re going to have a slowdown in growth in the first half of the year with Europe still volatile, wreaking havoc on the stock market. Keeping volatility high just keeps people gun shy from hiring more.”
“If we can get between 100,000 and 200,000 (monthly nonfarm payrolls) for the whole year, that would make me extremely happy,” she said.
One aspect of newly created jobs that don't get much play in the media is wages. And there the news has not been particularly good:
Trying to persuade locked-out workers in Canada to accept a sharp cut in pay, Caterpillar Inc. is citing lower wages elsewhere. But instead of pointing to the usual models of cheap and pliant labor, such as China or Mexico, it is using a more surprising example: the U.S.
Wage and benefit costs at a Caterpillar rail-equipment plant in LaGrange, Ill., are less than half of those at the company's locomotive-assembly plant in London, Ontario, Caterpillar says.
The big equipment maker's stance illustrates how U.S. manufacturing, until recently given up for dead by many Americans, has become more competitive globally. Though the U.S. is hardly a low-wage country, it has become much more efficient, making it more attractive for global manufacturers. U.S. wage growth has been minimal, and manufacturers have found ways to use more-flexible work practices and increased automation to make the same amount of goods with far fewer people.
Among the details in the report today:
• Employment in the retail trade rose 28,000
• Transportation and warehousing rose 50,000
• Leisure and hospitality rose 24,000
• Mining rose 7000
• Professional and business services
• Health care rose 23,000
• Manufacturing rose 23,000
• Government employment fell 12,000
• The average workweek for production and non-supervisory workers rose to 34.4 hours.
• The average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to $23.24.
To get a better handle on the BLS monthly job report, I urge you to read my post, Some advice on reading the numbers.
Discuss
Obama
President Obama's American Jobs Act included funding for sorely needed summer jobs for young people—the employment rate for people aged 16 to 24 was more than 10 points lower last July than at the same time five years earlier. Congress, of course, wouldn't pass anything that might create jobs and improve the economy, so Obama's administration once again had to find a way to get something, anything done despite congressional obstruction. Their answer is Summer Jobs+, in which, according to a White House release:
[T]he Federal government and private sector came together to commit to creating nearly 180,000 employment opportunities for low-income youth in the summer of 2012, with a goal of reaching 250,000 employment opportunities by the start of summer, at least 100,000 of which will be placements in paid jobs and internships.
Currently, 70,000 commitments for "Learn and Earn" paying jobs have been made, from nonprofits to corporate giants like Bank of America to federal agencies. The other 110,000 commitments currently on the table are for unpaid internships and other occasions to learn "Life Skills" and "Work Skills" through workshops and mentoring.
The commitments for paying jobs are an unalloyed good. For kids who can't find jobs, the opportunity to attend skills workshops or be mentored is definitely better than nothing. In the case of unpaid internships the big question is whether young people are actually being mentored and learning useful things. The Obama administration will need to be sure that some oversight is put in place and kids aren't used as free labor without getting any benefits to themselves, something that is true of far too many unpaid internships. That said, the effort to create paying jobs for young people is another important step by this administration to get things done in the face of Republican obstruction in Congress.
Discuss
It's been less than six weeks since New Hampshire Republicans failed to override Democratic Gov. John Lynch's veto of a so-called "right to work" law, which would force union members to pay the costs of representing coworkers who chose not to join a union.
Thwarted in that, Republicans apparently came back to the 2012 legislative session determined to work something anti-union into their busy schedule of voting to make gun permits optional and to dismantle consumer protections on heating oil. Thursday the state House passed a "right to work" bill applying to state workers by a 212-128 margin. That's a big margin, but since Democrats only hold 103 seats in the House, it actually represents bipartisan opposition to the bill.
New Hampshire AFL-CIO President Mark MacKenzie said in a statement:
While HB 383 only impacts state employees as currently written, it opens a back door for the Speaker and other Tea Party extremists to impose a right-to-work on all New Hampshire workers and businesses. Our legislators' continued opposition to the right-to-work law in any and all forms the Speaker that New Hampshire's people need jobs more than they need political attacks on workers.
Since the state Senate passed the comprehensive RTW bill and had the votes to override the governor's veto of that, it's extremely likely this bill will pass the Senate. Once again, it's likely to come down to a veto override attempt.
Discuss
Verizon and its unionized workers have still not reached a new contract agreement, despite the workers ending their strike over the summer when management said it would bargain in good faith. Workers have kept up the pressure, including with assists from Occupy Wall Street, but they still have no new contract.
Now, Verizon has sent its 45,000 union workers a video explaining earnestly why they should give in to the company's demands. The Communications Workers of America, one of the unions representing Verizon workers, has posted an edited-for-time version of the video, which features executives speaking earnestly in front of rows of cubicles, as if cubicles and not big offices are their usual environs. The video details company demands such as concessions on health care and the expectation that workers learn to do multiple jobs, with sales reps handling some tech functions and tech support workers handling some sales. CWA has also made a parody video, which you can see above, that cuts to the heart of how Verizon is talking to its workers.
The posted excerpt of the original video closes with an executive saying that "We're not asking you to make any adjustments that the other 135,000 employees at Verizon haven't already made to help keep our company strong." That's a pretty direct statement that Verizon is asking for a complete cave on the part of the unions. Because that's the point of a union, right? You join together with other workers and bargain collectively so that you're stronger than you would be as individuals and don't have to just accept whatever management wants to let you have. Verizon is in effect saying, "We already made our other workers take this shitty deal so we could make huge profits and pay our top executives tens of millions of dollars per year. Now we're demanding the same of you, and it would be so much more convenient if you'd lie down and take it."
Discuss
Thu Jan 05, 2012 at 08:05 AM PST

Unions push for marriage equality in Maryland

A same-sex marriage bill failed by a narrow margin in Maryland last year, but the fight for equality hasn't ended in the state. Now, unions are getting involved. In the video above:
“At 1199 SEIU, we support working families, not just certain families,” Ezekiel Jackson, an organizer for health-care workers in Maryland and the District, says in the video, in which he dons a Baltimore Orioles baseball cap. “That’s why bringing marriage equality to Maryland is important. It’s about making all families, including committed gay and lesbian couples, and their kids, stronger.”
That's part of a broader push by unions:
Nationally, SEIU has been on record supporting marriage rights for gay couples since 2004. The service workers union was heavily involved in New York last year when that state passed a same-sex marriage bill.
In Maryland, labor leaders are hoping to build upon that momentum with a broader coalition. At a November convention, the AFL-CIO affiliates unanimously passed a resolution supporting passage of legislation that [Gov. Martin] O’Malley has pledged to sponsor this year.
Unions plan to mobilize members to take action supporting the bill, including lobbying their representatives, and at a rally focused in part on marriage. Leaders say they will also consider how legislators vote on this issue in making endorsement decisions.
(Via Pam Spaulding)
Discuss
IN statehouse opening day
Union members lined up outside the Indiana statehouse (Stand Up for Hoosiers)
Indiana Democrats are buying time against the so-called right to work law Republican legislators are pushing as their top priority in the state. Democratic state House members, who last year left the state to deny Republicans the quorum they needed to pass anti-worker and other bad bills, did not show up for the first day of the 2012 legislative session Wednesday:
House Minority Leader B. Patrick Bauer, D-South Bend, said this was no walk-out, but a "filibuster."
Democrats, he said, want "to prevent a bill being rammed down the public's throat. We refuse to let the most controversial public policy bill of the decade be railroaded through with the public being denied their fair and adequate input."
Instead of a joint hearing on Friday, Bauer said, Democrats want the legislature to hold hearings around the state on the issue. But while he said Democrats would not go to Illinois as they did in the 2011 stand-off, he did not promise Democrats would return if those hearings were held, saying only that they would be "very helpful" and "some kind of a carrot to the stick that they've given the people."
Meanwhile, union members and allies are streaming to the statehouse to lobby their legislators, hoping to get some Republicans to think twice before voting for the anti-union bill. However, the Indiana AFL-CIO reported Wednesday on Twitter that several legislators refused to meet with constituents. Workers are continuing the pressure at the statehouse on Thursday.
Discuss

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Daily Kos Labor at Daily Kos

Wednesday, May 25, 2011

Too Big Too Fail Organized Criminals

HBO's "Too Big To Fail"—I just caught up with it last night; thank you, HBO On Demand—is extraordinarily revealing about the financial crisis. Only its revelations are almost entirely inadvertent.
The movie is set up in the Hollywood conventional way: A gang of misfits, each with a special expertise, is brought together for an impossible mission. There's Treasury Secretary Henry Paulson, steely eyed at the moment of truth. There's New York Federal Reserve head Timothy Geithner, the athlete (he doesn't just jog, but also plays what appears to be squash). And then there's Federal Reserve chairman Ben Bernanke, the professor with a heart of gold and secret knowledge of the Great Depression.
Ostensibly it's a story of their success against all odds. Michael Kinsley, reviewing the movie in the New York Times, labeled Hank Paulson [1] the "hero" of the account.
Except that the movie actually depicts something entirely different: failure upon failure. "Too Big To Fail" The Movie isn't the story of how the Three Musketeers saved the global economy. It's a story of how the three didn't see the financial crisis coming; hadn't prepared for it; made mistake after mistake as it was cresting; and then, in their moment of triumph, made their most colossal blunder of all.
That, it turns out (whether or not "Too Big To Fail" knows it), is the true story of the financial crisis.
How much did Curtis Hanson and the writers mean for that to be the story? Throughout, the characters drop hints about their missteps, but the plot unfolds like a financial "Die Hard," with our intrepid heroes battling fiendishly powerful forces toward a happy ending. (Full disclosure in this era of transparency: I write a regular column [2] for DealBook, the New York Times section edited by Andrew Ross Sorkin, the reporter upon whose book [3] the movie was based.)


The Big Banks Abuse Of Power Too Big Too fail

Friday, April 29, 2011

The Oil Company Gusher

Exxon-Mobil's first quarter earnings of $10.7 billion are up 69 percent from last year. That's the most profit the company has earned since the third quarter of 2008 — perhaps not coincidentally, around the time when gas prices last reached the lofty $4 a gallon.
This gusher is an embarrassment for an industry seeking to keep its $4 billion annual tax subsidy from the US government, at a time when we're cutting social programs to reduce the budget deficit.
It’s specially embarrassing when Americans are paying through their noses at the pump.
Exxon-Mobil's Vice President asks that we look past the "inevitable headlines" and remember the company's investments in renewable energy.
Exxon-Mobil's first quarter earnings of $10.7 billion are up 69 percent from last year. That's the most profit the company has earned since the third quarter of 2008 — perhaps not coincidentally, around the time when gas prices last reached the lofty $4 a gallon.
This gusher is an embarrassment for an industry seeking to keep its $4 billion annual tax subsidy from the US government, at a time when we're cutting social programs to reduce the budget deficit.
It’s specially embarrassing when Americans are paying through their noses at the pump.
Exxon-Mobil's Vice President asks that we look past the "inevitable headlines" and remember the company's investments in renewable energy.

Exxon-Mobil’s first quarter earnings of $10.7 billion are up 69 percent from last year. That’s the most profit the company has earned since the third quarter of 2008 — perhaps not coincidentally, around the time when gas prices last reached the lofty $4 a gallon.
This gusher is an embarrassment for an industry seeking to keep its $4 billion annual tax subsidy from the U.S. government, at a time when we’re cutting social programs to reduce the budget deficit.
It’s specially embarrassing when Americans are paying through their noses at the pump.
Exxon-Mobil’s Vice President asks that we look past the “inevitable headlines” and remember the company’s investments in renewable energy.
What investments, exactly? Last time I looked Exxon-Mobil was devoting a smaller percentage of its earnings to renewables than most other oil companies, including the errant BP.
In point of fact, no oil company is investing much in renewables — precisely because they’ve got such money gusher going from oil. Those other oil companies also had a banner first quarter, compounding the industry’s embarrassment about its $4 billion a year welfare check.
Exxon-Mobil's first quarter earnings of $10.7 billion are up 69 percent from last year. That's the most profit the company has earned since the third quarter of 2008 — perhaps not coincidentally, around the time when gas prices last reached the lofty $4 a gallon.
This gusher is an embarrassment for an industry seeking to keep its $4 billion annual tax subsidy from the US government, at a time when we're cutting social programs to reduce the budget deficit.
It’s specially embarrassing when Americans are paying through their noses at the pump.
Exxon-Mobil's Vice President asks that we look past the "inevitable headlines" and remember the company's investments in renewable energy.
What investments, exactly? Last time I looked Exxon-Mobil was devoting a smaller percentage of its earnings to renewables than most other oil companies, including the errant BP.
In point of fact, no oil company is investing much in renewables — precisely because they've got such money gusher going from oil. Those other oil companies also had a banner first quarter, compounding the industry's embarrassment about its $4 billion a year welfare check.
Exxon-Mobil's first quarter earnings of $10.7 billion are up 69 percent from last year. That's the most profit the company has earned since the third quarter of 2008 — perhaps not coincidentally, around the time when gas prices last reached the lofty $4 a gallon.
This gusher is an embarrassment for an industry seeking to keep its $4 billion annual tax subsidy from the US government, at a time when we're cutting social programs to reduce the budget deficit.
It’s specially embarrassing when Americans are paying through their noses at the pump.
Exxon-Mobil's Vice President asks that we look past the "inevitable headlines" and remember the company's investments in renewable energy.
What investments, exactly? Last time I looked Exxon-Mobil was devoting a smaller percentage of its earnings to renewables than most other oil companies, including the errant BP.
In point of fact, no oil company is investing much in renewables — precisely because they've got such money gusher going from oil. Those other oil companies also had a banner first quarter, compounding the industry's embarrassment about its $4 billion a year welfare check.

Politicians Are Married To Big Oil

Friday, February 18, 2011

LETTER: A government takeover of worker rights | wausaudailyherald.com | Wausau Daily Herald

LETTER: A government takeover of worker rights | wausaudailyherald.com | Wausau Daily Herald

"EDITOR: One of the things that makes this state great is our willingness to work together to solve our problems. For 50 years, Wisconsin managers and the public service workers who make our state and community strong solved problems together. But now some politicians in Madison want to take away the rights of thousands of teachers, nurses and other trusted public employees. They're trying to take away any say public employees have in the workplace. And these politicians are trying to make it happen right now, with almost no public input, discussion or debate.


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Thursday, February 17, 2011

Bahrain

Bahrain

"On this page:

* Profile
* People
* History
* Government
* Political Conditions
* Economy
* Defense
* Foreign Relations
* U.S. Relations
* Travel/Business
* Background Notes A-Z

January 20, 2011Bureau of Near Eastern Affairs [Flag of Bahrain]
Background Note: Bahrain

Official Name: Kingdom of Bahrain

[Map of Bahrain]

PROFILE

Geography
Area: 727 sq. km. (274 sq. mi.); approximately four times the size of Washington, DC. Bahrain is an archipelago of 36 islands located off the eastern coast of Saudi Arabia. The four main islands are joined by causeways, and make up about 95% of the total land area.
Cities: Capital--Manama, pop. (2002 est.) 148,000. Other cities--Al Muharraq.
Terrain: Low desert plain (highest elevation point--122 m).
Climate: Hot and humid from May-September, with average highs ranging from 30o-40o C (86o-104o F). Maximum temperatures average 20o-30o C (68o-86o F) the remainder of the year.

People
Nationality: Noun and adjective--Bahraini(s).
Population (January 2008 est.): 1,046,814, including about 517,368 non-nationals.
Annual population growth rate (2008 est.): 3.6%.
Ethnic groups: Bahraini 63%, Asian 19%, other Arab 10%, Iranian 8%.
Religions: 98% Muslim (approximately Shi'a 70%, Sunni 30%), with small Christian, Jewish, Baha’i, and Hindu communities.
Languages: Arabic (official), English, Farsi, and Urdu are also widely spoken.
Education: Education is not compulsory, but is provided free to Bahrainis and non-nationals at all levels, including higher education. Estimated net primary school attendance (1991-2001)--84%. Adult literacy, age 15 and over (2003 est.)--89.1% for the overall population (male 91.9%, female 85%).
Health: Infant mortality rate (2007 est.)--16.18 deaths/1,000 live births. Life expectancy--72 yrs. males, 77 yrs. females.
Work force (2006 est.): 352,000 of which 44% are foreigners.

Government
Type: Constitutional hereditary monarchy.
Independence: August 15, 1971 (from the United Kingdom).
Constitution: Approved and promulgated May 26, 1973; suspended on August 26, 1975; the National Action Charter was approved by a national popular referendum on February 14-15, 2001, and a new constitution was issued on February 14, 2002.
Branches: Executive--King (chief of state); Prime Minister (head of government); Council of Ministers (cabinet) is appointed by the King and headed by the Prime Minister. Legislative--The bicameral parliament (al-Majlis al-Watani) consists of a 40-member elected Council of Representatives and a 40-member Shura (Consultative) Council appointed by the King. Members of both chambers serve 4-year terms. Judicial--High Civil Appeals Court. The judiciary is independent with right of judicial review.
Administrative subdivisions: 12 municipalities (manatiq): Al Hidd, Al Manamah, Al Mintaqah al Gharbiyah, Al Mintaqah al Wusta, Al Mintaqah ash Shamaliyah, Al Muharraq, Ar Rifa' wa al Mintaqah al Janubiyah, Jidd Hafs, Madinat Hamad, Madinat 'Isa, Juzur Hawar, Sitrah.
Suffrage: Universal at age 18.

Economy
GDP (2009 est.): $19.36 billion.
Real GDP growth rate (2009 est.): 2.9%.
Per capita GDP (2009 est.): $38,400.
Natural resources: Oil, aluminum, textiles, natural gas, fish, pearls.
Agriculture (less than 1% of GDP): Products--fruit, vegetables, poultry, dairy products, shrimp, fish.
Industry: Types--oil and gas (13.1% of GDP), manufacturing (12.4% of GDP), aluminum.
Services: Finance (24.2% of GDP), transport and communications (8.9% of GDP), real estate (9.2% of GDP); government services (14.8% of GDP).
Trade (2009 est.): Exports--$12.5 billion: oil and other mineral products, aluminum, textiles. Major markets--Saudi Arabia (3.4%), U.S. (3%), India (2.7%), Japan (2.3%). Imports--$10.37 billion: crude oil, machinery and appliances, transport equipment, foodstuffs. Major suppliers--Saudi Arabia (26.7%), Japan (8.9%), U.S. (7.8%), China (6.2%), Germany (4.8%), South Korea (4.7%), U.A.E. (4.2%).


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Monday, February 14, 2011

The Hill Poll: Voters troubled over future of Social Security - TheHill.com

The Hill Poll: Voters troubled over future of Social Security - TheHill.com


"A sizable majority of likely voters is worried about Social Security’s future but much more divided over whether the retirement age for the program should be raised, according to a new poll conducted for The Hill.

Seventy-seven percent of likely voters believe Social Security is in trouble, while just 15 percent believe the program is financially sound.

Still, a plurality – 48 percent – also believed that the Social Security age should not be raised for people born after 1960, who are currently slated to begin receiving full benefits at age 67. Forty percent favored pushing back the retirement age.

Republicans are much more likely than Democrats to support raising the retirement age, the poll found.

Reforms to Social Security and other entitlement programs are being discussed by policymakers struggling to deal with a budget deficit the Congressional Budget Office has estimated will grow to $1.5 trillion this fiscal year. The CBO has also recently reported that Social Security also posted a deficit last year for the first time in years, and CBO has also projected it would do so again this year.


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What new budget says about President Obama - David Rogers - POLITICO.com

What new budget says about President Obama - David Rogers - POLITICO.com

Barack Obama’s 2012 budget lands on Capitol Hill on Monday, and more than any of the president’s prior efforts, this one makes choices that help define the man himself. He bets big on education spending — an 11 percent increase next year — while altering the Pell Grant program to try to save the aid levels now allowed for college students from the poorest families, The National Institutes of Health will grow by about $1 billion, even as old antipoverty programs and heating assistance are cut. And $62 billion in Medicare savings will be plowed back into paying physicians who care for the elderly.

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Wednesday, February 9, 2011

US Homelessness and Poverty Rates Skyrocket While Billions are Spent Overseas on Occupation

US Homelessness and Poverty Rates Skyrocket While Billions are Spent Overseas on Occupation


"As I watch far away images of body bags being filled, I see much closer images of bodies. I went by a local park the other day and it looked like a concentration camp crossed with a mass murder scene.

There were people in rags and covered with filth lying scattered all over the place. At least twenty people were on crutches, had parts bandaged, or with open wounds not even covered. They were all hungry and a large majority was sick.

All around this city I live in, and nationwide, the level of homelessness and poverty is growing alarmingly. From the last counts and estimates nation wide, there has been at least a 35-45% increase in homelessness and poverty. The increases have come over the last two years with the biggest increases being in 2002 and especially in the first six months of 2003.

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Fighting Modern-Day Slavery | Southern Poverty Law Center

Fighting Modern-Day Slavery | Southern Poverty Law Center

"When Sabulal Vijayan left India for America, he hoped to build a better life for his family.

He had paid nearly $20,000 to labor recruiters for the opportunity to work at a Gulf Coast shipyard. The advertisement for the job offered green cards for workers and their families to become permanent U.S. residents. It was a chance to live the American dream.

Raising the money to pay the labor recruiters pushed him deep into debt, but he couldn’t let this opportunity pass. His Indian co-workers felt the same way. They also mortgaged their futures for a dream job.

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Wednesday, February 2, 2011

Monday, January 31, 2011

Van Jones and Other Marxist Scum Protest Koch Brothers’ Meeting : The Other McCain

Van Jones and Other Marxist Scum Protest Koch Brothers’ Meeting : The Other McCain

"Yesterday I told you that Herman Cain would be speaking at a conference in Rancho Mirage, California, sponsored by the Koch Foundation. Well, about a thousand smelly hippies turned out to protest the conference and guess who was helping lead them?

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Friday, January 28, 2011

Nancy Altman: Social Security Under Attack

Nancy Altman: Social Security Under Attack

"Washington's policy elites just don't get Social Security. On Thursday, Congress passed the Obama-GOP compromise tax bill, replacing 15 percent of revenue dedicated to Social Security with borrowed money that will increase the federal deficit in 2011. On Dec. 3, a majority of the president's fiscal commission voted to support unprecedented cuts in Social Security benefits and changes in the structure of this program, which has served American families so well.

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Thursday, January 27, 2011

House Republicans Consider Privatizing Medicare

WASHINGTON — Months after they hammered Democrats for cutting Medicare, House Republicans are debating whether to relaunch their quest to privatize the health program for seniors. House Budget Committee Chairman Paul Ryan, R-Wis., is testing support for his idea to replace Medicare with a fixed payment to buy a private medical plan from a menu of coverage options.Party leaders will determine if the so-called voucher plan will be part of the budget Republicans put forward in the spring."No decisions have been made on the details of our House GOP budget." Michael Steel, a spokesman for Speaker John Boehner, R-Ohio, said Thursday. "There are a lot of ideas out there, and we're going to listen to our members and the American people."
House Republicans Consider Privatizing Medicare
Blogged with the Flock Browser

House Republicans Consider Privatizing Medicare

WASHINGTON — Months after they hammered Democrats for cutting Medicare, House Republicans are debating whether to relaunch their quest to privatize the health program for seniors. House Budget Committee Chairman Paul Ryan, R-Wis., is testing support for his idea to replace Medicare with a fixed payment to buy a private medical plan from a menu of coverage options.Party leaders will determine if the so-called voucher plan will be part of the budget Republicans put forward in the spring."No decisions have been made on the details of our House GOP budget." Michael Steel, a spokesman for Speaker John Boehner, R-Ohio, said Thursday. "There are a lot of ideas out there, and we're going to listen to our members and the American people."
House Republicans Consider Privatizing Medicare
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Op-Ed Columnist - The Billionaires Bankrolling the Tea Party - NYTimes.com

Op-Ed Columnist - The Billionaires Bankrolling the Tea Party - NYTimes.com

"ANOTHER weekend, another grass-roots demonstration starring Real Americans who are mad as hell and want to take back their country from you-know-who. Last Sunday the site was Lower Manhattan, where they jeered the “ground zero mosque.” This weekend, the scene shifted to Washington, where the avatars of oppressed white Tea Party America, Glenn Beck and Sarah Palin, were slated to “reclaim the civil rights movement” (Beck’s words) on the same spot where the Rev. Martin Luther King Jr. had his dream exactly 47 years earlier.

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Georgia congressman calls Obama Marxist, warns of dictatorship - - POLITICO.com

Georgia congressman calls Obama Marxist, warns of dictatorship - - POLITICO.com

"A Republican congressman from Georgia said Monday he fears that President-elect Obama will establish a Gestapo-like security force to impose a Marxist dictatorship.

“It may sound a bit crazy and off base, but the thing is, he’s the one who proposed this national security force,” Rep. Paul Broun said of Obama in an interview Monday with The Associated Press. “I’m just trying to bring attention to the fact that we may — may not, I hope not — but we may have a problem with that type of philosophy of radical socialism or Marxism.”


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Sunday, January 23, 2011

Terrorism directed at 'liberal' and 'government' targets since July 2008: An interactive map | Crooks and Liars

Terrorism directed at 'liberal' and 'government' targets since July 2008: An interactive map | Crooks and Liars: "Since all those isolated incidents involving terroristic violence directed at 'liberals' and the 'government' keep adding up into a serious trend, we've decided it's time to start keeping systematic track of the problem -- especially because mainstream media seem intent on refusing to recognize the trend.

Here's the text for the 20 events we've enumerated so far:

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Tuesday, January 18, 2011

Supreme Court Blocks Ban on Corporate Political Spending - NYTimes.com

Supreme Court Blocks Ban on Corporate Political Spending - NYTimes.com

"WASHINGTON — Overruling two important precedents about the First Amendment rights of corporations, a bitterly divided Supreme Court on Thursday ruled that the government may not ban political spending by corporations in candidate elections.

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Thursday, January 13, 2011

Obama Arizona Memorial Speech: We Must Communicate 'In A Way That Heals,' Not 'Wounds'


The Republican Propaganda Machine uses hate, fear, and intimidati­on to silence The Profession­al Left; they promote violence, they motivate the insane to committee horrific crimes, they use terrorism acts to silence us. These people have become savages of the Wild West. As a result, there's no compassion­, there's no respect, and there's no love for our fellow American's­.
Read the Article at HuffingtonPost