Principled Progressive returns on Monday SCIENCE FINDS ANOTHER REASON WE SHOULD TAKE ACTION ON CLIMATE CHANGE: MASS EXTINCTIONS OF EVEN “COMMON SPECIES” ACROSS THE GLOBE News that the Earth’s atmosphere is now more laden with carbon dioxide than probably at any other time in human history is further proof of the inexorable nature of [...]
An aggressive austerity agenda that has gripped Europe’s economy in a burgeoning malaise for nearly five years has come to an unexpected head in the tiny island nation of Cyprus. The latest fiscal catastrophe to develop across the pond has thrown global markets into turmoil and raised questions of how far Europeans are willing to [...]
THEY GIVE OSCARS, DO THEY NOT, FOR FISCAL CHARADES LIKE THE ONE NOW PLAYING IN WASHINGTON, D.C.? If they did, Fix the Debt, the spectacular show produced by billionaire Pete Peterson, with a cast of dozens of fellow plutocrats, would be a shoo-in for an award. The lobby group that Peterson heads has already [...]
Will the nation’s vaunted military-industrial complex survive what some have billed as the “disaster” of mandatory sequestration cuts? Yes, and likely stronger than before. The self-imposed “sequester” wrought by the failure of Congress to reach a budget deal are scheduled to deliver more than $1 trillion in government spending cuts within weeks. Despite promises from [...]
The world’s largest purveyor of sugary drinks has made an unprecedented public embrace of its own culpability in America’s struggle with obesity and the costs associated with an overweight population. A new video released by Coca-Cola to considerable buzz bluntly labels obesity the “issue of this generation” and makes a vague admission that calories from [...]
DISASTER IN A TIME OF AUSTERITY: SANDY VICTIMS THROWN TO THE (LOAN) SHARKS. Victims of the superstorm devastation that struck New York and New Jersey are caught in bureaucratic red tape and the disposition of FEMA to administer any “relief” for victims through banks and other lending agencies with loan-shark level interest rates. With [...]
Congress was able to cobble together a temporary patch for the self-imposed fiscal cliff in a series of late-night votes featuring intra-party bickering and a widespread sense that the final deal was imperfect and nothing more than a painful necessity. Well over a year since the artificial deadline for the “cliff” was concocted by the [...]
THE ROAD TO ZERO WASTE MAY LEAD THROUGH THE FLANDERS REGION OF BELGIUM. By both citizen action and government enforcement, this Dutch-speaking section of Belgium is converting traditional Dutch cleanliness into a program of waste prevention and re-cycling through a multi-pronged movement to encourage source separation for garbage, massive private and corporate composting operations, [...]
Will a “grand bargain” to avert the ostensible calamity of going over the “fiscal cliff” forge a legislative accord on the backs of the most vulnerable Americans? Progressives are increasingly worried about President Obama’s use of Social Security as a bargaining chip with an increasingly rancorous Congress. Not much more than a month since Election Day, [...]
“YOU’RE GOING TO HAVE TO DO SOMETHING…TO LOWER PEOPLE’S EXPECTATIONS OF WHAT THEY’RE GOING TO GET.” This is Goldman Sachs CEO Lloyd Blankfein opening the familiar pandora’s box of rhetoric designed to fundamentalism “change” — i.e; kill off — “entitlements” like Social Security and Medicare. Almost like clockwork, the election results are being used [...]
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