Time to declare war on the war budget

Mitt Romney says we can't afford to support PBS, National Endowment for the Arts or Amtrack. This is a disgraceful lie. These three programs add up to barely more than $2 Billion/year. Let's put that number in context. How much are we now spending on the militarization of America? $1.2 Trillion per year (carefully count the zeros and make sure you add it ALL up, like Tom Dispatch has done). That comes out to $600 Million per working HOUR (assuming that there are 2,000 working hours per year) to militarize the United States (don't call it "Department of Defense," because this is largely a lie). In other words, with FOUR HOURS of our warmongering budget, we could afford all of the things Romney says we need to cut. [More . . . ]

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The cost of U.S. warmongering

There are several websites that attempt to give real time estimates as to the cost of U.S. warmongering, and these numbers are staggering, repulsive and immoral. Those of us who are not caught up in the zealous tribalism seized upon and revved up by opportunistic politicians and media outlets can see that the alleged need to fight unending wars is a fraud perpetrated on the American People, with an even bigger burden borne by those who are the targets of our weapons, including untold numbers of civilians. It is perfectly clear that America must always have an enemy--that is how our collective mind works--and there must always be war, even when we can't explain why we are going to war. [More . . . ]

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Missouri Supreme Court gives Missouri voters the option to slap a 36% cap on payday loans

On Tuesday of this past week (July 31, 2012), the Missouri Supreme Court ruled that a ballot initiative capping the interest rate of small loans at 36% (including payday loans) will appear on the Missouri general ballot this coming November. This court decision is terrific news for the many poor, working-poor and struggling middle class people who have been victimized by predatory lenders throughout Missouri. I have previously discussed this hotly contested payday loan court case here. The payday loan industry had attacked this ballot initiative on numerous technical grounds, including constitutional issues, but in its July 31, 2012 decision, the Missouri Supreme Court shot down all of the arguments of the industry, holding that the payday initiative will go on the Missouri ballot in November. Here's the entire opinion of the Court. [More . . . ]

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Time to remake corporations as stewards of the planet

In the June 7, 2012 edition of Nature (available online only to subscribers),Pavan Sukhdev, chief executive of environmental consulting firm GIST Advisory, offers a formula for turning corporations into environmentally responsible entities. Sukdev points out that our corporations tend to cater to rampant consumerism, and this is immensely damaging to the environment. The effects can be seen in the form of "emissions, freshwater use, pollution, waste and land-use change." Corporations have also learned to excel at "influencing government regulation, avoiding taxes and obtaining subsidies for harmful activities in order to optimize shareholder returns." [More . . . ]

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Hypothetical Olympian dilemma

People all over the country are parking in front of their TV's for many hours every night to watch sports that they couldn't care less about most of the year. The Olympics are extremely compelling for many of us. People are talking about the Olympics all across America, mostly sharing observations about the sports where Americans are competitive. It all seems very important, and you can tell this by the way earnest look on the faces of people who discuss the Olympics. But what if a magic being appeared before you tonight and offered you the following option: [More . . . ]

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