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.)

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.

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.

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.

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.

In all the discussions about developing the Vanderbilt Yards (commonly called "Atlantic Yards"), most of the media coverage portrays the controversy as being a choice between Ratner or no development. That is a false choice based on Ratner propaganda. Truth is, there are FOUR proposals for development of the area, including Ratner's low-bid, corrupt, no-business-plan proposal. Yes...FOUR plans. Many have never heard of the other plans, which is just how Ratner's three stooges, Pataki (now out of the picture), Bloomberg and Markowitz, wanted it. For those who want to learn about the other three plans, you can find an analysis of them on the Develop, Don't Destroy Brooklyn website (left hand side under "Community-Based Plans").

One of those Community-Based Plans, the Unity Plan, really was designed with full community input, led by Councilwoman Letisha James. This is an idea that really should be seen more: the community working out its OWN vision for development with government USING that vision as a guide for actual development. If you like the idea of COMMUNITY-based development, you can be a part of making the Unity Plan a reality. This comes from Develop, Don't Destroy Brooklyn:

Global warming and Israel are two of my most important issues. I am an American Jew who was raised with the question, "Is it good for Israel," though we also were none too keen on the right wingers in Israel and the first invasion of Lebanon. I am an avid history buff, including, but not exclusively, Jewish history. Much of my historical reading leads me to the conclusion that my survival and my son's survival are improved significantly by the existance of Israel. That is important to me. But I also recognize that much of what I feel about Israel can apply to Palestine as well. I have written about this in the past and will not review it here. That is not my purpose.

ALL of us are faced with global warming. This will cut across all borders, all divisions, all people. We must all address it. United we have a chance. Excessively divided, we will find ourselves screwed by our own stupidity. THAT is what I am writing about: a more united approach to dealing with economic and environmental problems, with the ancient/modern land of Canaan as my focus.

Some years back I read Jared Diamond's excellent book Collapse. It covers a wide range of issues and locations in its analysis of the collapse of civilizations and draws parallels with modern soceity and past societies with the intent of finding ways in which our society can survive rather than collapse.

Energy will be one of our number one issues in coming years. The conflicting pull of increased demand overwhelming our grid and the need to cut carbon emissions to battle global warming before our 10-year window has passed. Both of these conflicting needs are critical needs and we have to find a way to address both.

The 21st century solutions, as seen by scientists, is increased efficiency, reforestation and new energy solutions like wind, biofuels, geothermal, tidal, and solar energy. But too often the American solution is a 19th century solution: coal. Using dirty coal, which affects our health, and adds carbon and pollutants to the atmosphere, is a relatively cheap solution to increased energy demand...but is completely stupid when we have only 10 short years to address global warming. Clean coal, which still adds carbon to the atmosphere but doesn't have as many problems as dirty coal, costs about the same as wind power...which is one of the cleanest and most practical solutions we have. Denmark, a much smaller economy than our own, generates more wind energy than the entire United States.

One problem is investment trends. Banks are slow to change their investment practices. The Union of Concerned Scientists is lobbying banks to change their investment practices to favor alternative energy over coal. I should note that I personally have profited from investing in both solar and geothermal.

Can you get free from the burdens of work and seder preparation on Monday morning? The Drum Major Institute is sponsoring a most-of-the-day talk-fest on New York City and the Middle-class.

Featured speakers include form Gov. Mario Cuomo, Mayoral-possibles Rep. Anthony Weiner and Comptroller William Thompson, Just-re-elected UFT President Randi Weingarten and NYC Finance Commissioner Martha Stark and Bronx Beep Adolfo Carrion Jr. You can read more about it here.

I personally had to move heaven and earth to clear the morning and will have to seder-prep all weekend, but I'm going.

Monday April 2, 2007 8:00 a.m.-2:00 p.m.
Baruch College Conference Center, Newman Vertical Campus
55 Lexington Avenue at 24th Street, 14th Floor

Try calling, emailing DMI to RSVP.
See you there.

Ah, the global warming Denial Lobby. They are tenacious, if nothing else. Despite the fact that every single global warming scientist, every single peer reviewed article on the subject and every single respectable conference on climate pretty much agree that the evidence is rock solid that human-caused global warming is happening, is affecting us, and, at best, we have a 10 year window of opportunity to do something about it, I still get whining emails from Denial Lobby hacks that question my ability to understand science, but cite no scientific evidence of their own.

I recently highlighted the debunking of one global warming Denial Lobby effort, the British docudrama, one might call it (propaganda piece would be an accurate term) called “The Global Warming Swindle” which was soundly repudiated by the very scientist they were trying to use to support their claims that global warming is a myth.

Well, one response I got via email in regards to this was from someone who refused to even discuss the actual scientific literature, and who immediately called into question my understanding of science (then objected when I questioned the scientific basis of his statements). His fairly long series of insulting and insulted emails boiled down to two questions, poorly presented, which probably represent the latest in right wing talking points on the global warming issue. Here are his two questions (gleaned from a great deal of creationist style posturing):