From: Gregory Brown
To: undisclosed-recipients:;
Bce: jeevacation@gmail.com
Subject: Greg Brown's Weekend Reading and Other Things.... 12/28/2014
Date: Sun, 28 Dec 2014 08:50:11 +0000
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HOTTEST_YEAR_ON_RECORD_Shelby_Lin_Erdman_Huff_Post_Nov._30„2014.docx;
The Consequences_ofClimate_Change_Huff_Post_12.01.2014.docx;
How the world's biggest_companies_bribtforeign_gove_mmentslu2014in_11_charts_Hu
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Cuba_Relations_Looked_Like_Over_The_Past_50_Years_Huff_Post_12.18.2014.docx;
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DEAR FRIEND
HOTTEST YEAR ON RECORD
NOAA: 2014 is shaping up as hottest year on record
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I am sure that it is hard for people in Buffalo, New York and elsewhere in the Northeast corridor as
well as many parts of the Midwest that the first ten months of 2014 have been the hottest since record
keeping began more than 130 years ago, according to data from the National Oceanic and Atmospheric
Administration. But NOAA says, despite the early bitter cold across parts of the United States starting
as early as mid-November, ifs been a hot year so far for the Earth. By November et, with two months
left on the calendar, 2014 was already shaping up to be the hottest year on record. The average global
temperature between January and October has been 0.68 degrees Celsius (1.22 degrees Fahrenheit)
higher than the 2oth century's average global temperature of 14.1 C (57.4 F). NOAA's analysis is an
important "health gauge" indicating an ominous trend for the planet, says CNN meteorologist Derek
Van Dam. "Ifs becoming increasingly more difficult to be a skeptic of the causes of our warming
planet," he says.
This October was the hottest October on record globally, NOAA data showed. The mercury climbed
more than one degree Fahrenheit above the loth century average of 57.1 F. Although it was just the
fourth warmest October on record for the United States, NOAA said. "The record high October
temperature was driven by warmth across the globe over both the land and ocean surfaces and was
fairly evenly distributed between the Northern and Southern Hemispheres," the agency said. That's
significant, says Van Dam. "Most notably, this record warmth is not contained to any specific part of
the world. Meaning, we are all in this together," he says. "Sofar this year, record-breaking warmth
has been observed in at least every continent and major ocean basin of our planet. This is something
we cannot ignore."
Important benchmark: NOAA's analysis breaks down global temperatures into two categories --
land and ocean -- then an average that includes both. The record high temperatures in October were
recorded across both land and sea. The surface temperature on land approached an important
scientific benchmark. It was almost 2 degrees Celsius higher than the loth century average for October
of 9.3 C (48.7 F). Scientists have long predicted that a change in global average temperature of just 2
to 3 degrees higher could spell disaster for the planet, contributing to catastrophic storms, sea level
rise, dangerous storm surges and melting polar ice. According to the non-binding international
agreement on climate change -- the Copenhagen Accord, reached in 2009 -- any temperature increase
above the 2 degree Celsius mark is "dangerous." NOAA said the ocean temperatures were also the
warmest on record in October with an increase of 1.12 F over the loth century average of 60.6 degrees.
Hot spots: "Record warmthfor the year-to-date was particularly notable across much of northern
and western Europe, parts of Far East Russia, and large areas of the northeastern and western
equatorial Pacific Ocean," NOAA said. "It is also notable that record warmth was observed in at
least some areas of every continent and major ocean basin around the world," the agency added. Of
particular note, several countries have already seen an average temperature increase of more than 2
degrees Celsius in October 2014 compared to loth century averages, including Australia, Germany,
France, Switzerland, and Sweden. There was also one notable cold spot on the map. The average
temperature this year in the midsection of the United States, which saw a severe winter, has been
below the loth century average. Climate change is happening and it is happening faster than ever
expected
Human activity in the Earth's tundra regions as well as in the manmade wholesale destruction of the
tropical rainforest, along with the release of air pollutants that deplete the ozone layer and greenhouse
gases that hasten climate change, in addition to begin to affect the very integrity and sustainability of
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the global fragile ecosystems. For example, the increased occurrence of tundra fires would decrease
the coverage of lichens, which could, in turn, potentially reduce caribou habitats and subsistence
resources for other Arctic species. But the biggest effect that we are now seeing it the melting of the
polar caps which in turn is raising the sea levels and dramatically changing traditional weather
patterns.
Some of the Consequences of Climate Change
The consequences of climate change go far beyond warming temperatures, which scientists say are
melting the polar ice caps and raising sea levels. Meet the team that is measuring climate change in the
Arctic on CNN's "Wish You Were Here" series. Below are some of the other key effects of climate
change, which may surprise you.
Drought: In the coming decades climate change will unleash megadroughts lasting 10 years or more,
according to a new report by scholars at Cornell University, the University of Arizona and the U.S.
Geological Survey. We're seeing hints of this already in many arid parts of the world and even in
California, which has been rationing water amid record drought. In this 2012 photo, a man places his
hand on parched soil in the Greater Upper Nile region of northeastern South Sudan.
Wildfires: There's not a direct link between climate change and wildfires, exactly. But many
scientists believe the increase in wildfires in the Western United States is partly the result of tinder-dry
forests parched by warming temperatures. This photo shows a wildfire as it approaches the shore of
Bass Lake, California, in mid-September.
Coral reefs: Scientists say the oceans' temperatures have risen by more than 1 degree Fahrenheit
over the last century. It doesn't sound like much, but it's been enough to affect the fragile ecosystems
of coral reefs, which have been bleaching and dying off in recent decades. This photo shows dead coral
off the coast of St. Martin's Island in Bangladesh.
Food prices: A U.N. panel found in March that climate change -- mostly drought -- is already
affecting the global agricultural supply and will likely drive up food prices. Here, in 2010, workers on
combines harvest soybeans in northern Brazil. Global food experts have warned that climate change
could double grain prices by 205o.
Pollen allergies: Are you sneezing more often these days? Climate change may be to blame for that,
too. Recent studies show that rising temperatures and carbon dioxide levels promote the growth of
weedy plant species that produce allergenic pollen. The worst place in the United States for spring
allergies in 2014, according to the Asthma and Allergy Foundation of America? Louisville, Kentucky.
Mountain glaciers: The snows capping majestic Mount Kilimanjaro, Africa's highest peak, once
inspired Ernest Hemingway. Now they're in danger of melting away altogether. Studies suggest that if
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the mountain's snowcap continues to evaporate at its current rate, it could be gone in 15 years. Here, a
Kilimanjaro glacier is viewed from Uhuru Peak in December 2010.
Endangered species: Polar bears may be the poster child for climate change's effect on animals.
But scientists say climate change is wreaking havoc on many other species -- including birds and
reptiles -- that are sensitive to fluctuations in temperatures. One, this golden toad of Costa Rica and
other Central American countries, has already gone extinct.
Animal migration: It's not your imagination: Some animals -- mostly birds -- are migrating earlier
and earlier every year because of warming global temperatures. Scholars from the University of East
Anglia found that Icelandic black-tailed godwits have advanced their migration by two weeks over the
past two decades. Researchers also have found that many species are migrating to higher elevations as
temperatures climb.
Deforestation: Climate change has not been kind to the world's forests. Invasive species such as the
bark beetle, which thrive in warmer temperatures, have attacked trees across the North American
west, from Mexico to the Yukon. University of Colorado researchers have found that some populations
of mountain pine beetles now produce two generations per year, dramatically boosting the bugs' threat
to lodgepole and ponderosa pines. In this 2009 photo, dead spruces of the Yukon's Alsek River valley
attest to the devastation wrought by the beetles.
Extreme weather: The planet could see as many as 20 more hurricanes and tropical storms each
year by the end of the century because of climate change, according to a 2013 study published in the
Proceedings of the National Academy of Sciences. This image shows Superstorm Sandy bearing down
on the New Jersey coast in 2012.
Scientist warn that even if the current rate of greenhouse gas emissions were to stop today, the world
will become increasingly unpleasant. Without a deal, they say, the world could eventually become
uninhabitable for humans. They warn that it now may be impossible to prevent the temperature of the
planet's atmosphere from rising by 3.6 degrees Fahrenheit. According to a large body of scientific
research, that is the tipping point at which the world will be locked into a near term future of drought,
food and water shortages, melting ice sheets, shrinking glaciers, rising sea levels and widespread
flooding — events that could harm the world's population and economy.
Recent reports show that there may be no way to prevent the planet's temperature from rising, given
the current level of greenhouse gases already in the atmosphere and the projected rate of emissions
expected to continue before any new deal is carried out. While a breach of the 3.6 degree threshold
appears inevitable, scientists say that countries should not give up on their efforts to cut emissions. At
stake now, they say, is the difference between a newly unpleasant world and an uninhabitable one.
"What's already baked in are substantial changes to ecosystems, largescale transformations,"said
one expert. He cited losses of coral reef systems and ice sheets, and lowering crop yields. Things could
get a lot worse. Because beyond the 3.6 degree threshold, the aggregate cost to the global economy —
rich countries as well as poor countries — rises rapidly. No country will be immune. And life as we
know it is at stake....
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On December 22, 2001 Richard Reid was flying from Charles De Gaulle International Airport in Paris,
to Miami International Airport in Miami, Florida, with continuing service to Phoenix Sky Harbor
International Airport in Phoenix, Arizona when he attempted to detonate plastic explosives concealed
within his shoes. Passengers on the flight complained of a smoke smell causing a flight attendant to
noticed Reid attempting to light a fuse leading into one of his shoes. With the help of other
passengers, Reid was subdued and is now in jail for the rest of his life. And although Reid's shoe bomb
failed to detonate, every person in America still has to take off their shoes before boarding a plane. We
have to wonder why in a country where everyone has to take of their shoes before boarding a plane and
the entire scientific community is telling us that if we don't change certain behaviors we will past the
tipping point in climate change and our politicians still think that there is not enough evidence....
HUNT FOR ANSWERS
; ,ale•,.. oda
11) :
Last week two New York City police officers were slain, ambush style as they sat in their patrol car on
special patrol doing crime reduction work in the Bedford-Stuyvesant section of Brooklyn. They were
"shot and killed with no warning, no provocation," Police Commissioner William Bratton told
reporters. "They were quite simply, assassinated." The gunman approached the passenger side of the
patrol car and took a shooting stance, witnesses told police. He opened fire several times, striking both
officers in the head, Bratton said. The gunman was found dead in a nearby subway station from a self-
inflicted gunshot wound. The two officers are Rafael Ramos who had just turned 40 this month and
Wenjian Liu who just got married two months ago. The shooter as Ismaaiyl Brinsley 28, was a career
criminal with a history of mental illness.
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rite
sibs
Without a doubt this is beyond shame. Because no matter what I say about Ferguson and the death of
Eric Gamer I truly appreciate the difficult job that police officers are given that often places their lives
in jeopardy. We witnessed this when scores of New York's Finest Police Officers, Firefighters and
paramedics fought their way up the World Trade Towers while everyone else was trying to leave with
343 firefighters-paramedics, 6o police and port authority officers dying. This was their job which they
did beyond bravely. As Mayor Bill De Blasio said, "When a police officer is murdered, it tears at the
foundation of our society," and "It is an attack on the very concept of decency." But what is almost
equally appalling to me is the circus of the blame game where knuckleheads like Rudy Giuliani used
the incident to grab headlines accusing President Obama, protesters and activists of stoking anti-police
hatred and the reason why the deranged gunman shot the two officers.
One of the problems especially in New York is that during the Giuliani administration police abuses
against minorities grew. Most notably was the brutal sodomizing by police officers of Abner Louima
in 1997 and the killing of the unarmed Amadou Diallo in 1999 who was mistook for a rapist and shot
19 times by for plain clothes police officers who fired 41 bullets. Not to mention the tens of thousands
Black and Hispanic men each year who were routinely harassed during the New York Police
Department's aggressive `stop &frisk' policy under Giuliani. And in all, Giuliani unconditionally
backed the police officers.
Everyone should be heartbroken over the senseless deaths of officers Liu and Ramos but it is a false
choice to say that the people protesting for justice somehow can't honestly support our police.
Unfortunately, the NYC Patrolmen's Benevolent Association president Patrick Lynch blamed was not
Ismaaiyl Brinsley, or any accomplices that may have known about his alleged intention to kill his ex-
girlfriend and two police officers. Instead, he, former Governor Patald, Giuliani and other pundits
declared that the people to blame were Obama, Holder, de Blasio and all those who have been involved
in the nationwide protests.
Paul Brandeis Raushenbush wrote, "Instead of having the deaths of Liu and Ramos further tear us
apart, could this serve as a moment of bringing us together. Liu and Ramos are reminders to any who
would demonize the police, that our law enforcement is made up of people of all races and
backgrounds, who have families and who feel called to this duty to protect and serve.
The families of Eric Garner and Michael Brown were among the first to condemn the killing of Ramos
and Liu night. The protests around the #BlackLivesMatter movement was never against the police, but
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it was a call to acknowledge that we can do better as a society that continues to bear the scars of
racism. That effort must continue; we can and must do better as a nation. But it will only be
successful if everyone comes together and recognizes one another as human beings, deserving of
respect, dignity and life. Instead of pitting the deaths of Liu and Ramos against Gamer and Brown, we
can join them together, understanding them as martyrs whose inspire us on both sides of the blue line
to work for a more just, safe and united America."
There are two major reasons why civil rights leaders and activists instantly condemned the killings.
First it is certainly the right thing to do because a murder whether of an officer or civilian is still a
senseless and appalling act that must be denounced. Secondly, the overwhelming majority of police
officers are dedicated, conscientious public servants who genuinely are committed to protecting
communities from crime and violence; black lives matter, as well as police lives. And with more than
120 police officers losing their lives this year there is the recognition that officers do face real dangers.
Still the crazed act of one unhinged individual to derail the growing recognition on the part of a wide
body of the public and many public officials that police violence is a major legal and public policy issue
that cannot be ignored. At the same time we have to show companion for the hundreds of thousands
of police, firefighters, paramedics and other civil servants who sacrifice their own safety to provide
safety to us daily. There are no simple answers and playing the blame game is definitely not one of
them.
Obama's Had a Helluva Good Month Since the
Midterms
So how have things been going for our bored, exhausted, and disengaged president? He's been acting
pretty enthusiastic, energized, and absorbed with his job, I'd say. Let us count the things he's done
since the November 4th midterm elections:
■ November to: Surprised everyone by announcing his support for strong net neutrality.
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■ November ii: Concluded a climate deal with China that was not only important in its own
right, but has since been widely credited with jump-starting progress at the Lima talks last week.
■ November 20: Issued an executive order protecting millions of undocumented workers from
the threat of deportation.
■ November 26: Signed off on an important new EPA rule significantly limiting ozone
emissions.
■ December 15: Took a quiet victory lap as Western financial sanctions considerably sharpened
the pain of Vladimir Putin's imploding economy.
■ December 16: Got nearly everything he wanted during the lame duck congressional session,
and more. Democrats confirmed all important pending nominees, and then got Republican
consent to several dozen lesser ones as well.
■ December 17: Announced a historic re-normalization of relations with Cuba.
■ December 18: The number of Americans filing for unemployment benefits fell last week as the
economy's continued improvement tempered dismissals. Jobless claims decreased by 6,000 to
289,00o in the week ended Dec. 13, the fewest since early November, a Labor Department report
showed today in Washington. The median forecast in a Bloomberg survey of 51 economists
projected 295,000. Claims have been below 300,000 for 13 of the past 14 weeks.
■ December is: Almost every state in the country added jobs and saw unemployment rates
decline in November, a month in which the United States as a whole added 321,000 non-farm
jobs. Thirty-seven states and the District of Columbia saw non-farm payrolls increase, while the
unemployment rate fell in 41 states and D.C. between October and November.
■ December 23: The Commerce Department its earlier estimate of 3.9% saying that the U.S.
Economy rose at an annual rate of 5% because of robust spending by businesses and consumers
in the third quarter. The fastest rate in more than a decade.
■ December 26: Financial Markets closed at a record high with DOW 18,053.71 - S&P
2,088.77 -- NASDAQ 4,806.86
I guess you can add to that a non-event: In its second year, Obamacare signups are going smoothly and
ahead of target. Am I missing anything beyond that? Maybe. It's been quite the whirlwind month for
our bored, exhausted, disengaged president, hasn't it?
All of these things are worthwhile in their own right, of course, but there's a political angle to all of
them as well: they seriously mess with Republican heads. GOP leaders had plans for January, but now
they may or may not be able to do much about them. Instead, they're going to have to deal with
enraged tea patters insisting that they spend time trying to repeal Obama's actions. They can't, of
course, but they have to show that they're trying. So there's a good chance that they'll spend their first
few months in semi-chaos, responding to Obama's provocations instead of working on their own
agenda.
Was that part of the plan? Beats me. But it seems to be working pretty well so far.
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Leading Indicators in U.S. Rose in November for Third Month
The index of U.S. leading indicators rose in November for a third straight month, a sign the economy is
gaining traction heading into 2015.
The Conference Board's index, a gauge of the outlook for the next three to six months, increased 0.6
percent in November, matching the prior month's gain, the New York-based group said today. The
median forecast of 49 economists surveyed by Bloomberg called for a 0.5 percent advance.
Strengthening employment and a plunge in prices at the pump are bolstering the consumer spending
that makes up almost 70 percent of the economy, helping shelter the expansion from slowing growth
overseas. Federal Reserve policy makers said yesterday they would remain "iatient" in increasing
near-zero interest rates even as domestic demand firms.
"The biggest challenge has been, and remains, more income growth," Ken Goldstein, an economist at
the Conference Board, said in a statement. "However, with labor market conditions tightening, we are
seeing the first signs of wage growth starting to pick up."
Estimates in the Bloomberg survey ranged from gains of 0.1 percent to o.8 percent. The October
reading was initially reported as a 0.9 percent increase.
Other reports today showed consumer confidence climbed to a seven-year high last week and fewer
Americans applied for unemployment insurance benefits.
Gaining Confidence
The Bloomberg Consumer Comfort Index (COMFCOMF) climbed to 41.7 in the period ended Dec. 14,
the highest reading since mid-November 2007, from 41.3 the week before. Monthly views on economic
expectations rose to match a two-year high.
Jobless claims decreased by 6,000 to 289,000 in the week ended Dec. 13, the least since early
November, according to figures from the Labor Department.
Eight of the 10 indicators in the Conference Board's leading gauge contributed to the gain, propelled by
a jump in stock prices, growing factory orders and the spread between short- and long-term interest
rates.
The index of coincident indicators, a gauge of current economic activity, climbed 0.4 percent in
November after a 0.2 percent increase the prior month.
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The coincident index tracks payrolls, incomes, sales and production -- measures used by the National
Bureau of Economic Research to determine the beginning and end of U.S. recessions. A measure of
lagging indicators rose 0.3 percent after being little changed in October.
Hiring Accelerates
Job gains that remain on pace for their best performance since 1999 are helping spur demand.
Employers added 321,000 to payrolls in November, raising the monthly average so far this year to
240,910. Last year, the U.S. economy gained an average 194,250 jobs per month.
A drop in fuel prices also is supporting consumer pocketbooks. The average cost of a gallon of regular
gasoline was $2.48 as of Dec. 17, the lowest rate since October 2009, according to AAA, the biggest
U.S. motoring group.
While income growth has been slower to rebound, recent data show signs of a pickup. Wages and
salaries paid to civilian workers climbed 2.1 percent in the third quarter from the same time last year,
the most since the first three months of 2009, Labor Department data showed last month.
The U.S. economic advances have allowed Fed policy makers to relax accommodation measures that
were meant to stimulate growth since the last recession. Yesterday, the officials said they will be
patient on the timing of the first interest-rate increase since 2006, replacing a pledge to keep
borrowing costs near zero for a "considerable time," and raised their assessment of the labor market.
And as the President pointed out last week in his last Press Conference of the year, over the past 57
months the country has created almost n million new jobs. America is now the #1 producer of crude
oil on the planet as well as the #1 producer of natural gas. The rescue of the auto industry is officially
over as The Big Three are having the best year in decades and have repaid every dine back to the
government as well as creating a half million new jobs in the auto industry alone. 10 million
Americans gain health insurance just this past year through Obamacare. The administration has put
together a coalition to degrade and destroy ISISL. And before years end and after thirteen years our
combat mission in Afghanistan will be over... Not to mention that the dollar is soaring against all
major currencies, our banks are strong and our financial markets are close to their all-time highs....
Obama now officially enters his lame-duck years, and much has been made of his rebound in the last
month. Seemingly liberated by having nothing more to lose, he has struck an international climate
deal, taken bold executive action on immigration, and unveiled a landmark shift in Cuba policy. The
president also exerted some sway on the fiscal deal struck by the year-end Congress, convincing
enough Democrats to vote for it to overcome liberal objections from Nancy Pelosi, Elizabeth Warren
and my own. It's clearly too soon to pronounce the president irrelevant or his political reputation
beyond rescue. Because as the President himself said, that being in the fourth quarter of his
Presidency.... a lot can happen and it may have already started.
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Kudos Mr. President Because if you can be blamed for the country's failures you should be
applauded when things go well.... Again.... Bravo Mr. President
******
Wealth gap between middle class and rich widest
ever
Growing wealth gap
$639K
$595K
P
$97K is $97K
IIIII _
2010 2013
OOOOOO POW MIAMI wan
Not only are middle class suffering from stagnant incomes, their wealth hasn't grown at all either.
That's led to the widest wealth gap on record between the middle class and the rich. The median
household net worth of middle-income Americans remained at $96,500 between 2010 and 2013,
according to a new report from the Pew Research Center, which looked at Federal Reserve Bank data.
Upper-income households, however, saw their wealth grow to $639,400 last year, up from $595,300.
That means the rich have 6.6 times more wealth than the middle class, a figure that's grown from 4.1 in
1998 and 3.4 in 1983. It's also a record 69 times the wealth of lower-income Americans, who had
accumulated only $9,300 as of last year. Part of the reason for the gap stems from how the rich and
the middle class build wealth. The former are more likely to invest in the stock market, which has been
on a tear in recent years. The latter have more of their net worth tied up in the housing market, which
hasn't recovered as much.
That's also why the Great Recession had a bigger impact on the net worth of the middle class. Back in
2007, before the housing crash, the middle class saw its median wealth soar to $158,400. The rich also
haven't recovered fully from the downturn, but they are a lot closer to their 2007 peak of $718,000.
Looking longer term, the rich have more than doubled the size of their nest eggs over the past three
decades, while the middle class have inched up 2.3%. Pew defines middle income as family of four
with a household income between $44,000 and $132,000. Some 46% of American household fall into
middle income under its methodology, which adjusts for family size. Upper-income Americans are
those who earn more than $132,000 for a family of four. And that's widening the already massive
wealth gap between whites and other racial and ethnic groups to near record levels.
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Disturbing stats on black-white inequality
Wealth gap widens
$139K $141K
$17K $16K $11K $14K
Hispanic
2010 2013
SOVIICI fl y OttInloCa Wain
Much of the focus in recent years has been the growth in income inequality, with the Top 1% capturing
most of the post-Recession gains. But wealth inequality is also troubling. There are several reasons for
the growing gap, says Pew, citing Federal Reserve Bank data. White households' median wealth ticked
up to $141,900 in 2013, up 2.4% from three years earlier, according to a Pew Research Center report
released Friday. Net worth for black households dropped by a third during that time to $11,000.
Hispanic families experienced a 14% decline in wealth to $13,700.
Whites have 13 times the net worth of blacks, the largest wealth gap that's existed since George H.W.
Bush was president in 1989. The ratio of net worth between whites and Hispanics now stands at more
than 10, the widest it has been since 2001. Minority households' median income fell 9% between 2010
and 2013, compared to a drop of only 1% for whites. So minority households may not have been able to
sock away as much or may have had to use more of their savings to cover expenses. Also, the financial
markets have rebounded much more than housing in recent years. Since whites are more likely to own
stocks, they have seen a bigger wealth boost.
Real estate, on the other hand, makes up a big chunk of blacks' and Hispanics' net worth. But
homeownership declined faster among minorities than whites between 2010 and 2013. Only 47.4% of
minorities were homeowners in last year. But 73.9% of whites owned homes. It takes some digging to
find these racial and ethnic disparities, which are masked when looking at the nation's overall median
wealth. For all households, median wealth slipped slightly to $82,300 last year, down only 1.1%.
Senator Elizabeth Warren is not shy about being a crusader for the middle class. The senior
Massachusetts lawmaker had some choice words for the rich in an online dialogue in June with French
economist Thomas Piketty on economic inequality.v The forum, hosted by The Huffington Post's Ryan
Grim, was organized by MoveOn, a liberal political action group.
Elizabeth Warren: 'Wealth trickles up' Web Link:
http://money.cnn.com/video/news/economy/2014/06/02/elizabeth-warren-thomas-piketty-wealth-
inequalityryan-grim-huffpost.cnnmoneyi
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Warren and Piketty have each just written best-selling books on income inequality. Warren authored a
memoir called "A Fighting Chance," which also discusses what Washington can do to help the
middle class. Piketty analyzed data from 20 countries in his tome on income inequality and the
concentration of wealth, entitled "Capital in the Twenty-First Century."
Here is a list of choice quotes from Warren on how the rich have rigged the system.
On Piketty's findings: Wealth does not trickle down. It trickles up. It trickles from everyone else to
those who are rich.
On taxes: When people feel like we're not all in this together, we're not all sharing, we're not all
paying a fair share of our income or our wealth, then I think what you get is it all comes all unraveled.
Everyone moves towards I will pay the least because he's paying the least.
On small businesses: Small business owners pay and pay and pay on taxes because the loopholes
aren't as available to them. You look at Fortune goo companies, companies that are profitable and end
up paying zero in taxes.
Elizabeth Warren: 'The game is rigged' Web Link:
http://money.cnn.com/video/news/anasiszielizabeth-warren-new-populism-conference-game-
is-rigged.cnnmoneyt
On rewriting the rules: Those who are rich have managed to help rewrite the rules so they get
more and more. So they get breaks in taxes and get to keep more. So the regulations tilt in their favor.
So they have better business opportunities. So they have better ability to earn than everyone else who's
out there working. When that starts to happen, we get a country that's headed in the wrong direction.
On the system: The game right now in America is rigged. It is rigged so that those at the top keep
doing better and better, and everyone else is under increasing pressure, is under increasing economic
strain. The rules don't get better for America's middle class. The rules are getting better for those who
are a thin slice at the top. And that is the profound danger that we see from great inequality.
On unions: Unions helped build America's great middle class. They did that two ways. They did it by
getting out and getting workers organized so there were better working conditions, better pay. They
ended up raising wages for union and non-union workers. They ended up getting health benefits for
union and non-union workers. But here's the key: The second thing unions did is they were out there
as a force to be able to argue for things that were in the interest of working people generally.
EFTA01197820
On estate taxes: There's a fundamental question in this country. Which do we think deserves
reward: Is it those who work hard and who are smart, who get out there and make something happen?
Or those were born into the right families and who are protected by a tax code that says generation
after generation, they don't even have to work? We have prided ourselves as a country being built by a
country of people who get out there and work. Our tax system has to reflect that same value. It has to
reflect the importance of work and people who achieve and people who accomplish over being born
into wealth.
Rich, really rich, and ultra rich (the Top 1%)
Who controls the wealth in America"
11%
Ultra rich
26% 1O%
Middle class Really rich
18%
Net Worth Merely rich
• Over $100M
■ 1201.1 $10014
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$500K $4M 35%
■ Undo $500K Upper middle class
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It's not just rich, middle class and poor anymore. The middle class is barely treading water since the
recent Great Recession, but the rich are back in a big way. And ifs not just the i%. It's the ultra-rich --
the top o.oi% of earners -- that are really clobbering everyone else.
In the mid-198os the ultra-rich -- those with a net worth of over Slot) million -- owned just over 4% of
the total wealth in the United States, according to a recent paper by University of California Berkeley
economists Emmanuel Saez and Gabriel Zucman. By 2012, their share of the wealth nearly tripled,
jumping to roughly 1196. The really rich have done pretty well too. Those worth between $20 million
and $too million have seen their wealth share nearly double, while the merely rich -- those with wealth
between $4 million and $20 million -- saw only a slight uptick.
The other 99% of households saw a relative decline in wealth. "The higher you are in the income
distribution, the greater the gains," said Branco Milanovic, a visiting professor at the City University
of New York and an expert on income inequality. "People who are poorer haven't really benefited
from the expansion."
What's behind the wealth explosion?
EFTA01197821
Why the variation in gains? Many Americans think ifs because the wealthy enjoy low tax rates. But
blaming tax cuts for this concentration is far too simple: Globally, the trend has been similar, and is
expected to accelerate in the years to come. Indeed, the ultra-rich around the world are expected to
see their wealth grow by over 9% a year between 2012 and 2017, according to the Boston Consulting
Group. There are over 3,000 of these $too million-plus households in the United States alone.
Meanwhile, households worth less than $too,000 are expected to see their net worth grow just 3.7% a
year.
No one knows why the rich are getting richer faster than everyone else, but there are plenty of
theories. Some say it's because today's entrepreneurs tend to be quickly vaulted into the ultra-rich
category (think Facebook's Mark Zuckerberg), or that the already well-off have access to better
financial products. Another theory is that the wealthy are better able to leverage technology and
globalization to their advantage: As companies and markets become bigger, those at the top are given
bigger rewards. "Talent is hard tofind," said Robert Frank, Cornell University economist and author
of The Winner-Take-All Society. "Production workers are not"
Quiz: Do you have what it takes to be rich? French economist Thomas Piketty, in his new best-selling
book Capital in the 21st Century, argues that inequality has always been extreme. The relative drop in
inequality witnessed during the middle of last century was an anomaly, argues Piketty, caused not so
much by the middle class becoming better off, but by the rich seeing their wealth destroyed by two
world wars and the Great Depression. "We're going back to the kind of concentration of wealth we
had in the 19th century," Piketty recently told CNN. Also being born with a silver spoon helps, just ask
the Waltons and Kochs who between the six heirs are now worth more than the 200 million Americans
at the bottom of the ladder that didn't have a rich daddy.
Should anything he done?
Whether this widening gap between the rich and everyone else is a problem and what, if anything,
should be done about it is up for debate. "I personallyfind it very worrisome," said Federal Reserve
Chairwoman Janet Yellen during a recent Senate hearing. Inequality can "determine the ability of
different groups to participate equally in democracy, and have grave effects on social stability over
time." Some have made the connection between widening inequality and the rise of fringe political
groups on both the right and left. Yet others downplay the growing wealth gap, and claim that current
levels of inequality are overstated. Even if inequality is accelerating, they argue, so is overall global
well-being.
Billions have been lifted out of poverty worldwide over the last several decades, and in the developed
world, the poor enjoy creature comforts unthinkable even 3o years ago. The critics are wary of
policies, like Piketty's proposal for a global tax on wealth that could hamper future growth.
The widening wealth gap is a serious problem and one thing is clear: The richest have a massive
amount of money, and they're getting more of it every day. I personally don't mine how much more
someone has but trickle-down economics has destroyed the Middle Class which is the economic
EFTA01197822
engine that made America the greatest nation in the world and enabled more people to escape poverty
until the Chinese miracle of the past two decades... And if we want to fix this engine we have to tilt the
table so that the American Dream can once again grow for everyone and not just for those at the top or
lucky few who won the lottery or created the latest Facebook, Uber, Twitter or have a 98 p/h fast ball.
******
This is how it feels to torture
It's followed by "toxic levels of guilt and shame."
Web Link: http://www.washingtopyst.cominews/storyline/wp/2014/12/11/this-is-how-it-feels-to-torture/
Of all the characters in the Senate's report on CIA's harsh interrogation techniques — which many
refer to as "torture" - we know the least about those who performed them. The political class is
known; the only question is what they knew about the interrogation methods — including
waterboarding, and lengthy forced periods without sleep — that CIA employed at secret prisons during
the Bush administration. The psychologists who developed the CIA's interrogation program are also
well-known, though they claim that the Senate committee "cherry picked things." All of the detainees
themselves are known.
But the rank and file remain anonymous.
We know that 85 percent of them were contractors, few had actual interrogation experience, and that
"numerous" agents had "serious documented personal and professional problems" that "should have
called into question" their continued employment by the CIA and access to classified information,
EFTA01197823
according to the new Senate report. We also know that they used some of the most disturbing
interrogation techniques in American history.
We know a lot about what happens to the detainees. Survivors of harsh interrogations, whether or not
they meet the legal definition of torture, are willing to talk about their experiences, enabling fairly
substantial research into how the experience of such physical and mental duress changes their
psychology. But what about the effect of harsh interrogation on the interrogators themselves? What
can we expect for the future of those who carried out the rectal feedings, waterboardings, and other
harsh treatment of detainees that the report described? That we know less about. Most of the research
that does exist focuses on cases in which people committed torture. (Whether the CIA's techniques
meet that definition is a matter of dispute.)
In the post-World War II era, there have been only about go analyses or interviews of people accused
of being torturers, according to Reed College professor Darius Rejali, whose research focuses on
torture through the ages. They come from all over: Iran, Brazil, France, Greece, and yes, America .
And Rejali has found that a few common threads stand out. The most important thing to know:
Torturers are not a few "bad apples," predisposed by nature to cruelty. "Basically they're normal
when they go in. They're not sadists," Rejali says. "They're chosen primarily because they're loyal,
they're patriotic, and they can keep a secret." Starting with the famous experiments of Stanley
Milgram in 1963, which have been replicated since then, most experimental subjects are willing to
apply pain to other people under certain conditions.
"BASICALLY THEY'RE NORMAL WHEN THEY GO IN. THEY'RE NOT SADISTS," REJALI SAYS.
So how do good people end up torturing? It happens because of boredom, anger at detainees, and a
kind of one-upsmanship. "They start competing with each otherfor brutality," Rejali says. "The
person who breaks the other person gets all the credit." Of course, as the Senate's report also
outlined, "breaking" prisoners rarely led to valuable intelligence, but the treatment continued.
Historically, association with torture has two primary effects, Rejali says.
First is simple burnout: Interrogation, never mind especially harsh interrogation, is hard and stressful
work. That's partly why the Army needed so many interrogators during the most intense phases of the
war -1,200 were trained in 2006 alone. And second is Post Traumatic Stress Disorder, of the sort
often experienced by returning soldiers, but with higher frequency and a particularly nasty edge. The
National Vietnam Veterans Readjustment Study of more than 3,000 veterans, released in 1983, found
that exposure to abusive violence — including torture of Vietnamese prisoners — had the strongest
correlation with the incidence of PTSD.
In democratic societies, Rejali says — more so than authoritarian regimes under which torturers were
driven more by religious or ideological conviction, and thus felt comfortable with their actions — post-
conflict trauma is driven by "toxic levels of guilt and shame." Those symptoms often look similar to
ones displayed by victims of torture, to the extent that refugee boards deciding whether someone
should be granted asylum found it difficult to distinguish between the two.
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The conflict in Iraq has yielded several anecdotal accounts of soldiers who came into contact with
brutal treatment of prisoners, or engaged in it themselves. In his 2012 book, "None Of Us Were
Like That Before: American Soldiers and Torture," Joshua Phillips recounted the struggles of
soldiers who had abused Iraqi detainees after they returned home. Some self-medicated with alcohol.
Three in the unit Phillips followed committed suicide. Daniel Keller, who admitted to techniques like
dragging prisoners through concertina wire on the floor, told Phillips he'd have no reintegration
problems if he hadn't taken part in the cruelty. "If / hadn't actually hurt anybody,I'd be sittingpretty
—I'd be happy as could be,"Keller said. "I wouldn't have any problems. I wouldn't be on [expletive]
medication. I wouldn't be sitting here doing an interview because I wouldn't know anything, andI
would be [expletive]living life out there."
In 2007, The Washington Post profiled Army interrogator Tony Lagouranis, who spoke of being
tormented by the things he'd done to prisoners — like giving them hypothermia and staging executions
— and feeling permanently disoriented. "Itfeels likefear. Of what?I'm not sure,"Lagouranis said.
"You know what I think it is? You don't know if you'll ever regain a sense ofself. How could Amy love
me? I used to have a strong sense ofmorals. I was on the side ofgood. I don't even understand the
sides anymore." And in 2007, former contract interrogator Eric Fair wrote in The Washington Post
that memories of having deprived detainees of sleep and subjected them to humiliating abuse now
haunt his own dreams. "His memory harasses me as I once harassed him," Fair wrote.
Despite those who have gone public with their experiences, much more often, the psychological
ramifications of torture are magnified by the fact that they can't talk about what happened with friends
and family, or don't want to. They're often reluctant to confide in Veterans Administration
psychologists, who could help them get psychiatric treatment, or bring them together with
others who've had similar experiences. And it's worse for the people at the bottom. "The people who
order torture at the top of thefood chain, they have lots offriends, people who tell them, `You did the
right thing,'" Rejali says.
In their public statements after a conflict ends, Rejali says, torturers' accounts vary in response to the
context in which they're offered: If they know they're going to be executed, as in the case of Iranian
torturers, they more often freely confess. Statements offered to truth and reconciliation commissions,
however, more often tend to deny that they had a hand in the cruel behaviors of which they're accused.
The hardest thing to deal with is the knowledge that although torture is something anyone can fall into
— and, in the case of the CIA's interrogation program, continued over the protestations of those in
contact with prisoners — it's never lionized by postwar society. That's why, Rejali says, military and
intelligence personnel should resist the temptation to use excessive force. "Never say yes to torture,"
he says. "Your country will never thank youfor it."
By Lydia DePillis - December ii, aom - The Washington Post
I include this article because Torture as Policy has to be un-American. Of course there are
individual "Jack Bauer moments" where one might need to make a bad guy give up the location of a
child that they buried and is ransoming. But when a former Vice President of this great country of
ours claims that not only it worked when we now have evidence that it didn't and that he would do it
again we should and have to be appalled. But then this is the same person who instigated a war over
non-existent WMDs and somehow connected Saddam Hussein to the Taliban which neither were true
and he, President George Bush and their neocon supporters still say it was a righteous decision and
EFTA01197825
would do it again so why would they dial back on their torture policies? A policy of torture is
inhuman and against the tenets of our American democracy. As such for those who subvert this
because they feel that they have a sort of divine right.... this should not and can not be tolerated.... and
is my outrage of the week
WEEK's READINGS
Bribes.... Bribes.... Bribes....
•
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As someone who has work internationally for more than four decades the Washington Post article
by Roberto A. Ferdman - How the world's biggest companies bribeforeign governments
-in 11 charts - caught my eye.... To think that they don't is naive. Because in many parts of the
world it is the only way that business is done. How else can an African minister's wife afford a £25
million little pied-a-terre in London on her husband's $60,000 yearly salary. And this is the norm, not
the exception.
The arms company BAE secretly paid Prince Bandar of Saudi Arabia more than £ibn in connection
with Britain's biggest ever weapons contract. A series of payments from the British firm was
channeled through a US bank in Washington to an account controlled by one of the most colorful
members of the Saudi ruling clan, who spent 20 years as their ambassador in the US. On top to this
that the money paid to the Prince was with the knowledge and authorization of the Ministry of Defense
officials under the Blair government.
EFTA01197826
An inquiry by the Serious Fraud Office (SFO) into the transactions behind the £43bn Al-Yamamah
arms deal, which was signed in 1985, is understood to have uncovered details of the payments to
Prince Bandar. But the investigation was halted last December by the SFO after a review by the
attorney general, Lord Goldsmith. He said it was in Britain's national interest to halt the investigation,
and that there was little prospect of achieving convictions. Tony Blair said he took "full responsibility"
for the decision. It should be pointed out that Prince Bandar was the Saudi Arabian Ambassador to the
United States at that time and is currently the Secretary General of the Saudi Arabian National
Security Council.
In 2010, Alcatel-Lucent, the largest landline phone network company in the world, settled its bribery
case with the Department of Justice in 2010 by agreeing to pay $137 million, including $45 million to
the SEC. The case revolves around a complex series of money transfers between shell companies and to
consultants, resulting in payments being made to foreign officials. Alcatel-Lucent admitted to making
improper payments in many African and South American companies.
Siemens AG, a German engineering firm, ran afoul of the law in 2008 when it was charged for paying
$16 million to the president of Argentina to secure a contract for making Argentinean identity cards.
The contract was worth $r billion to Siemens AG. In total, the company was accused of paying more
than $100 million in total to government officials. Eight former employees and contractors continue to
face charges in the scheme. Siemens settled with the Department of Justice and paid $1.6 billion in
fines in the U.S. and Germany.
Web Link: http://www.propublica.orgispecialithe-world-wide-web-of-siemenss-corruption
Kellogg Brown & Root, now known as KBR, Inc., was spun off from a subsidiary of Halliburton. It is
one of the largest engineering and construction firms in the world and has been connected to large U.S.
military contracts. According to the New York Times, in 2009, the Department of Justice charged the
company with offenses under the FCPA, including paying hundreds of millions of dollars to secure a
natural gas plant construction contract to Nigerian officials. KBR pleaded guilty, as did its CEO Albert
Jack Stanley, and paid $402 million in fines, as well as $177 million to the SEC. Stanley was sentenced
to 2.5 in prison, beginning in 2012.
Corruption knows no boundaries, or borders, according to a new study released by The Organization
for Economic Cooperation and Development. The OECD analyzed 427 foreign bribery cases that were
closed between 1999 and 2014. What the researchers found is a steady stream of illicit money
exchanges between multinational businesses and public officials in both poor and rich countries. "We
have learned that bribes are being paid across sectors to officialsfrom countries at all stages of
economic development," the researchers wrote. "Corporate leadership is involved, or at least aware,
of the practice offoreign bribery in most cases, rebutting perceptions of bribery as the act of rogue
employees." Although the number of foreign bribery cases resulting in a punishment has fallen since
its peak in 2011, it remains historically high.
EFTA01197827
That should raise an eyebrow. After all, these are business executives and government officials who
have actually been caught, meaning that they likely only represent a fraction of the total number
involved in under the table cash exchanges. While the report doesn't name any of the corporations,
finding one currently embattled by corruption accusations isn't hard. Wal-Mart, the world's largest
retailers, is currently being probed for bribery in a number of countries, after the company disclosed
potential violations in Mexico.
But what is truly unique about the study is the level of detail it uncovers about how the bribes are being
paid, where they are being paid, why they are being paid, who is offering them, and to whom they are
being offered. Large multinational companies, for instance, appear to be much fonder of offering illicit
cash for quiet favors than smaller corporate entities.
Figure 18. Where the bribes were paid: countries whose public officials received bribes in
the context of international business transactions
3.
Albana Aiwa Angola Argentina. AteMalan. Bahian. Banfiadesh, Begom. Bean. Brand. Butiana. Cameroon.
Chad. Cluna. Costa Rea, Croatia. °emaciate Refx.ble of Congo. Arbour/. Ecuador. Egypt. Former YulOSAW
Repubk of Macedonia Rance Georgia Germany &vim. Greece. Heti. HOnduraS. Hungary 'oda. Indonesa.
Iran, Iraq Israel. Italy. /Ivory Coast. Jamaica. Kantkosfan, Kenya Korea Kylgyesran, I ama. Ltena. L awa, I. ithuarsa.
Madagascar, MaOrm, Malaysia. Mak Mauntarn9. Meson, Mongolia Montenegro. Mozanose, Myanmar,
NoMenanda• N'9 r. 4 9ena. Panama. Ph/kr:ones. Po:and Pcrtogar. Russo. Romance, Rwanda. Saud Arabia.
Senegal. Swim. Sk7iek Reptibic. Savona, Span, Sweden, Stria. Carnes° Tayfre., ThaAand. Turrso. Turkey,
Turkmenistan, Uganda. United Arab &mates. United Kingdom. LkIrtOd States. Ltrbekutan, Venaruect vet htlm.
Yemen.
Sane OECD analySiS of foreign tortery Cates concluded between 15/02/1999a-a 01/06/2014
That should raise an eyebrow. After all, these are business executives and government officials who
have actually been caught, meaning that they likely only represent a fraction of the total number
involved in under the table cash exchanges. While the report doesn't name any of the corporations,
finding one currently embattled by corruption accusations isn't hard. Wal-Mart, the world's largest
retailers, is currently being probed for bribery in a number of countries, after the company disclosed
potential violations in Mexico. But what is truly unique about the study is the level of detail it uncovers
about how the bribes are being paid, where they are being paid, why they are being paid, who is
offering them, and to whom they are being offered. Large multinational companies, for instance,
appear to be much fonder of offering illicit cash for quiet favors than smaller corporate entities.
Another part of the problem is that a lot of foreign bribery—and corruption more generally, for that
matter — is hard to track, for obvious reasons. In lieu of concrete, reliable data, other organizations,
like global corruption watchdog Transparency International, have created corruption indices based on
EFTA01197828
perception, rather than proven reality. As the OECD notes, studies like theirs are but the tip of a much,
much larger iceberg. A good deal of the data for even the concluded cases was unattainable.
"These preliminary findings indicate that the pressure on governments to step up their enforcement of
anti-bribery laws and ensure that penalties for this crime are effective, proportionate, and dissuasive,
is well-placed," the researchers conclude. "There has, indeed, been progress in the fight against foreign
bribery, but clearly, much more must be done to be successful in this fight."
******
So which foods really ARE good for you? Interactive tool
reveals the truth about chia seeds, acai berries, wheatgrass
and green tea
• Data journalist David McCandless began research for the infographic two years ago
• He spent nine months investigating scientific evidence backing the health benefits of
various superfoods
• Produced an interactive infographic, which is constantly evolving, to help people 'wade
through the murk'
• Foods are divided into seven categories - strong, good, promising, inconclusive, some,
slight and no evidence
• Graphic shows three grams of the sugars in barley and oats each day does help lower
cholesterol
• Garlic really can help lower blood pressure, especially in those people with raised blood
pressure
• There is 'good' proof almonds consistently lower 'bad' cholesterol in healthy people and
those with diabetes
• And the scientific basis for another new superfood, coconut oil, boosting weight loss is
'promising'
• But there is no evidence oysters are aphrodisiacs and the evidence supporting the idea
acai berries help fight cancer and chia seeds boost weight loss is slight while there's some
evidence wheatgrass is good for overall health
Do you regularly 'detox with a green tea or a wheatgrass juice and pack your diet full of chia seeds and acai ben rail in
the hope of improving your cholesterol, combating cancer and promoting weight loss? Are you among the nn7hons
who believe oysters are an aphrodisiac, boosting your sex chive? Every day across the world scientists publish countless
studies into the health benefits of various foods, prompting new food fads, and encouraging millions to invest in The'
latest superfood. Frustrated by the constant stream of conflict scientific evidence, one data journalist and
information designer from London was inspired to 'wade though the murk' to offer people a little light in the confusion.
David McCandless, author of the book Infonnation Is Beautiful, began collating thousands of scientific studies to
produce a stunning interactive Snake Oil Superfoods infographic to idiom people and ensure 'they aren't duped'. The
43-year-old embarked on the challenge with Dr Miriam Quick, investigating the evidence to establish which studies
'really stand up to the test of science', promising 'solid scientific evidence for extra health benefits of certain foods.
EFTA01197829
nom
M.
SnilY RAMIS
A new infographic that RYA four jiyars in the making reveals the grade ofscientific evidence behind .minas so•ca/led superfoods. DataJournalist DavidMcCandless was
inspired to collate the information after becomingfrustrated with the confusing number ofscientific studies
The finished, though ever-evolving, product divides a vast range of foods into those backed by 'strong',
'good', 'promising', 'inconclusive', 'some', 'slight', and 'no evidence' categories. And the majority sit in
the inconclusive to no evidence range. There is no evidence oysters are good for your sex life. There is
only 'some' evidence to back the theory that green tea is beneficial to cholesterol levels, the proof that
wheatgrass is good for your general health, that chia seeds boost weight loss and heart health and acai
berry helps in the fight against cancer and boost weight loss is only slight.
But it is not all bad news. There is strong evidence that three grams of the sugars found in oats and
barley each day helps lower blood cholesterol, and that garlic really can help lower blood pressure,
especially for those with raised blood pressure. Meanwhile there is 'good' proof that almonds
consistently lower 'bad' cholesterol in healthy people as well as those with high cholesterol and
diabetes. And the scientific basis for another new superfood, coconut oil, boosting weight loss is
'promising,' according to the infographic. Mr. McCandless told MailOnline: 'This is really a sequel to a
previous graphic about supplements, collating the nutritional information of supplements from
Vitamin D to Goji berries.
EFTA01197830
The graphic divides various foods into seven categories, rating the quality ofthe evidence for the health claims •wrong. good. promising. inconclusive, some, slight and no
evidence. Ilenwring over the variousfoods allows the reader to link hack to scientific studies
We first created that around four years ago and it has evolved over several years. 'I realised there were
lots of foods claiming to be superfoods, and beneficial for your health. So about two years ago we
started researching, it took about nine months in total, though not full time. 'With supplements it is
slightly easier because they can be tested in clinical trials. But with foods it is harder to test exactly how
they affect the body. 'A lot of the evidence is from epidemiological studies, a survey of a population for
example. The grade of scientific evidence is slightly lower. They might identify a beneficial chemical in
red wine, for example, and then infer that food or drink carries the benefit.'
Mr. McCandless told MailOnline he is 'a bit of a health freak', and so was inspired by his own curiosity
to produce the 'ever-evolving' piece of work. 'I try to live a super healthy lifestyle but have been
frustrated by the grade of the evidence,' he said. 'I was left trying to find some sense in the murk. One
day a study would say something was good for you, and the next would contradict it. 'We want the
graphic to act as a filter, allowing us to share the information with people. 'We spent a lot of time
collating the information, to make sure people aren't duped - that's the real goal.' The infographic
features in Mr McCandless' book, Information Is Beautiful. His book Knowledge Is Beautiful is also out
now.
EFTA01197831
Mr. McCandless said the piece of work lc 'emer-evoleing' as the team Informution h tleuutifitt constantly update it at new. tudies emerge
By LIMB PARRY - 27 November 2014 - Mailenline
These are the worst-run states in America.
Illinois is the worst-run state in the country.
I like lists. And the current economic climate and standard of living in any given state are not only the
results of policy choices and developments that occurred in the last few years, but can also be affected
by decisions made decades ago, and by forces outside a state's control. Every year, 24/7 Wall St.
attempts to answer this question by surveying various aspects of each state. To determine how well
states are managed, they examine key financial ratios, as well as social and economic outcomes. This
year, North Dakota is the best-run state in the country for the third consecutive year, while Illinois
replaced California as the worst-run state. Selecting appropriate criteria to compare the 5o states is
difficult because there is so much variation among the states. As a result, policy decisions that may
work in one state might not work in another. Some states are rich in natural resources, while others
rely on high-skilled sectors such as technology and business services. Some depend
EFTA01197832
disproportionately on one industry, while others' economies are more balanced. Further, some states
are more rural, while others are highly urbanized and densely populated.
This year, a number of the best-run states again benefit from an abundance of natural resources. North
Dakota, Wyoming, Alaska, and Texas are among the top 10 best-run states, and in all four, the mining
industry — which includes fossil fuel extraction — is a major contributor to state GDP. Due in large
part to the mining sector, North Dakota and Wyoming led the nation in real GDP growth in 2013. And
Alaska has utilized its oil wealth to build massive state reserves and to pay its residents an annual
dividend. Although less than in years past, the lingering effects of the housing crisis still have a
negative impact on several of the worst-run states. In five of the 10 worst-run states — Arizona,
Georgia, Illinois, New Jersey, and Rhode Island — home values declined by 10% or more between
2009 and 2013. Worse still, in states such as Arizona and Rhode Island, the housing market remains
well below its peak, reached just before the start of the recent recession.
While some states' economic fortunes are closely tied to the rise and fall of individual industries, which
are often outside their control, each state must make the best of its own situation. Governments, as
stewards of their own economies, need to prepare for the worst, including the collapse of a vital
industry. Good governance is about balancing tax collection and state expenditure in a way that
provides essential services to residents without sacrificing a state's long-term fiscal health. Many of the
best-run states in the country set money aside each year for emergencies. Should the Alaskan
economy run into trouble, the state has enough money in reserve to match more than 21 months of
general fund spending and with the current decline in crude oil prices this cushion could be severely
tested in a year or so. The scale and complexity of state institutions often make addressing problems
at the state level extremely difficult. As a result, the list of the best- and worst-run states tends to
remain largely unchanged from one year to the next. There were a few states that made remarkable
improvements as California, Colorado, Florida, and Hawaii all moved up by at least 10 positions in the
ranking. Improvements in important factors, such as GDP growth and home value increases,
contributed to improved rankings in a number of these states.
While each state is different, states at both ends of the list share certain characteristics. For example,
people living in the worst-run states were apt to have lower standards of living. Violent crime rates
were typically higher in these states, and the share of the population in poverty or with at least a high
school diploma was lower than the national rate. The worst-run states also tended to have weak fiscal
management, reflected by low pension funding, sparsely padded coffers, and poor credit ratings from
Moody's Investors Service and Standard & Poor's (S&P). Illinois, the worst-run state in America,
received lower ratings than any other state from both agencies. By contrast, the majority of the 10
best-run states had perfect ratings from both agencies. Unemployment rates were also relatively low
in the nation's best-run states. North Dakota, the top-ranked state, had an unemployment rate of 2.9%
last year, the best in the U.S. In all, eight of the 10 best-run states were among the 10 states with the
lowest unemployment rates. Meanwhile, unemployment was much more prevalent in the worst-run
states. Illinois and Rhode Island, both among the lowest-rated states, also had the nation's second-
and third-worst unemployment rates in 2013, at 9.2% and 9.5%.
Alabama
10. Alabama
> Debt per capita: $1,804 (7th lowest)
> Credit Rating (S&P/Moodys): AA/Aat
> 2013 unemployment rate: 6.5% (113th lowest)
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> Median household income: $42,849 (4th lowest)
> Poverty rate: 18.7% (7th highest)
Like many other states at the bottom of the list, Alabama residents are quite poor. More than 10% of households in Alabama earned less
than $10,000 last year, and nearly is% of state residents lived in poverty, both among the highest rates in the country. Poor educational
attainment rates likely contribute to the state's low incomes. Just 23.5% of adults had at least a bachelor's degree as of last year, one of
the lowest rates nationwide. Despite the potentially discouraging economic outcomes, Americans are still moving to Alabama faster than
they are leaving. More than 17,000 people elected to move to the state between mid-2010 and mid-2013 from either other states or
foreign countries.
Missouri
9. Missouri
> Debt per capita: $3,373 (25th highest)
> Credit Rating (S&P/Moody's): AAA/Aaa
> 2013 unemployment rate: 6.5% (18th lowest)
> Median household income: $46,931 (14th lowest)
> Poverty rate: 15.9% (23rd highest)
Missouri's GDP grew by just o.8% between 2012 and 2013, one of the lowest growth rates nationwide. A typical household earned less
than $47,000 in 2013, one of the lower median household incomes. But while incomes in the state are relatively low, Missouri also had
nearly the lowest cost of living in the nation in 2012. Missouri's housing market is also weak. A typical home in Missouri was valued at
$133,200 last year, one of the lower figures nationwide. The median home value also declined by 1.3% between 2012 and last year, a
larger decline than in all but one other state. The state received perfect credit ratings from both Moody's and S&P, despite the fact that it
raises comparatively less tax revenue than most states. As of fiscal 2012, the state had revenues of just $1,787 per capita, fifth lowest in
the U.B.
New Jersey
8. New Jersey
> Debt per capita: $7,287 (5th highest)
> Credit Rating (S&P/Moody's): A+/A1
> 2013 unemployment rate: 8.2% (10th highest)
> Median household income: $70,165 (3rd highest)
> Poverty rate: 114% (8th lowest)
New Jersey is one of only a handful of states where debt exceeded the state's fiscal 2012 revenues. The state reported $7,287 in debt per
capita in fiscal 2012, among the highest figures nationwide. Due to its difficulties in maintaining a balanced state budget, Moody's
awarded New Jersey among the lowest ratings of any state, as well as a negative outlook On the other hand, New Jersey residents are
among the nation's wealthiest. A typical household earned more than $70,000 in 2013, higher than the median household income in all
but two other states. A typical New Jersey home was also worth well over $300,000 in 2013, versus the national median home value of
$173,900. However, residents may not be as well off as they seem as the cost of living in New Jersey was 14% higher than the rest of the
country in 2012, the third highest cost of living nationwide.
Georgia
7. Georgia
> Debt per capita: $1,341 (4th lowest)
> Credit Rating (S&P/Moody's): AAA/Aaa
> 2013 unemployment rate: 8.2% (10th highest)
> Median household income: $47,829 (18th lowest)
> Poverty rate: 19.0% (5th highest)
Nearly 19% of Georgia residents did not have health insurance last year, one of the worst rates nationwide. Georgia also had the one of
the nation's worst unemployment rates in 2013, at 8.2%. And poverty is spreading to more parts of the state. According to a 2013 report
by the Brookings Institution, the number of people living in poverty in the Atlanta suburbs rose 159% between 2000 and 2011. A high
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unemployment rates exacerbates the financial hardship of many residents. Georgia's poverty rate was 19% last year, also among the
worst in the country. Further, Georgia's housing market is also relatively weak. Median Georgia home values fell 13% between 2009 and
2013, nearly the largest drop nationwide. There was a foreclosure filing for one in every 72 homes in 2013, also worse than in all but a
handful of states.
Arizona
6. Arizona
> Debt per capita: $2,140 (iith lowest)
> Credit Rating (S&P/Moody's): AA-/Aa3
> 2013 unemployment rate: 8.o% (12th highest)
> Median household income: $48,510 (21st lowest)
> Poverty rate: 18.6% (9th highest)
Few states received lower credit ratings than Arizona from the two largest rating agencies, S&P and Moody's. S&P awarded the state a
rating of AA-, while Moody's rates Arizona an Aa3 on its scale, both worse than most states. However, Moody's recently upgraded the
state's outlook on improved fund balances, as well as low debt and net pension liabilities. Additionally, as with Florida, Arizona is in the
midst of a housing market recovery after a brutal downturn during the recession. Last year, home values in the state rose 9.2% from the
year before, better than all states except for Nevada. Despite this, the median home value was still down by nearly 12% between 2009 and
2013, by comparison, the U.S. median home value fell 6% in that time.
Kentucky
5. Kentucky
> Debt per capita: $3,436 (23rd highest)
> Credit Rating (S&P/Moody's): AA-/Aa2
> 2013 unemployment rate: 8.3% (7th highest)
> Median household income: $43,399 (5th lowest)
> Poverty rate: 18.8% (6th highest)
Kentucky had one of the lowest violent crime rates in 2013, at 210 incidents per 100,000 residents. But while Kentucky is relatively safe,
its residents are worse-off financially than those in the vast majority of states. A typical household earned less than $44,000 in 2013,
lower than in all but four other states. Due in part to the low incomes, more than 17% of Kentucky households used food stamps last year,
nearly the highest rate nationwide. Low educational attainment rates likely explain in part the poor economic outcomes in Kentucky. As
of 2013, just 84.1% of adults had completed at least high school, and less than 23% had completed at least a bachelor's degree. Both of
these were among the lowest rates nationwide.
Rhode Island
4. Rhode Island
> Debt per capita: $8,761 (3rd highest)
> Credit Rating (S&P/Moody's): AA/Aa2
> 2013 unemployment rate: 9.5% (2nd highest)
> Median household income: $55,902 (18th highest)
> Poverty rate: 14.3% (24th lowest)
Rhode Island is one of only two states that declined in population in recent years. The total state population dropped by more than 1,000
between April 2010 and July 2013. Driving this change was the fact that more people left than relocated to Rhode Island. A poor job
market may account for part of the exodus — 9.5% of the state's workforce was unemployed as of last year, the second highest rate
nationwide. A typical home in the area was worth $232,300 in 2013, one of the highest median values in the nation. However, this was
after a 13% decrease from 2009, nearly the worst drop in property values nationwide. Rhode Island's state debt level totaled 116% of
revenue in fiscal 2012, one of only a few states where debt levels exceeded a year of revenue.
Mississippi
3. Mississippi
> Debt per capita: $2,405 (14th lowest)
> Credit Rating (S&P/Moody's): AA/Aa2
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> 2013 unemployment rate: 8.6% (6th highest)
> Median household income: $37,963 (the lowest)
> Poverty rate: 24.0% (the highest)
Mississippi had the least productive economy in the nation with a GDP per capita of just $32,421 in 2013. By comparison, U.S. GDP per
capita was $49,115 that year. Many residents also struggled to find work in the state. Mississippi's unemployment rate was 8.6% last year,
among the highest in the nation. Poor economic productivity and few jobs may explain the state's low incomes. Last year, the median
household income in Mississippi was just $37,963, and 12% of households reported incomes of $10,000 or less, both were the worst of
any state. Mississippi had the lowest cost of living in the country in 2012. However, very low incomes still make life difficult for many
residents. Mississippi had the nation's highest poverty rate in 2013, when 24% of the population lived below the poverty line. It also had
the second highest share of households that used food stamps last year, at 19.4%.
New Mexico
2. New Mexico
> Debt per capita: $3,621 (20th highest)
> Credit Rating (S&P/Moody's): AA+/Aaa
> 2013 unemployment rate: 6.9% (24th highest)
> Median household income: $43,872 (6th lowest)
> Poverty rate: 21.9% (2nd highest)
New Mexico struggles with poverty and low incomes. Nearly 22% of New Mexico residents lived in poverty last year, the second highest
rate after Mississippi. A typical household in New Mexico earned less than $44,000 in 2013, below all but a handful of states. The state's
crime rate was also higher than in all but one other state, with 613 violent crimes reported per 100,000 residents in 2013. Like several
other states at the bottom of the list, people left New Mexico faster than they moved into the state. Between the middle of 2010 and July
2013, the state lost 9,750 residents to migration alone. S&P recently revised its outlook on New Mexico's credit rating to negative from
stable. The revision was based on New Mexico's weak economic recovery from the recession and over-reliance on government aid and the
energy sector.
Illinois
a. Illinois
> Debt per capita: $4,992 (11th highest)
> Credit Rating (S&P/Moody's): A-/A3
> 2013 unemployment rate: 9.2% (3rd highest)
> Median household income: $56,210 (17th highest)
> Poverty rate: 14.7% (25th lowest)
Illinois is the worst-run state in the nation. Like many other low-ranked states, more people left Illinois than moved there. Illinois
lost more than 137,000 residents due to migration between the middle of 2010 and July 2013. A poor housing market may partly explain
the exodus. Median home values fell 16.2% between 2009 and 2013, the second largest drop nationwide. Illinois has extremely poor
finances by many measures. Just 39.3% of Illinois' pension liabilities were funded as of 2013, worse than any other state. Further, the
state's reserves are estimated at just 0.996 of its general fund expenditure, the second lowest reserves rate nationwide. Both Moody's and
S&P gave Illinois the worst credit ratings of any state, at A3 and A- respectively. According to Moody's, the state's rating reflects its low
fund balances and high pension obligations, as well as its "chronic use of payment deferrals to manage operating fund cash."
Japanese recession worse than thought
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nt- •
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Japan's economy contracted 1.9% in annual terms in the July-September period, according to revised
data released on Monday that confirmed a recession in the world's third-largest economy ahead of an
election on Sunday. Data for both business and public spending were worse than anticipated. Most
economists had forecast an upward revision of earlier figures showing a 1.6% contraction. On a
quarterly basis, the economy shrank 0.5%. The earlier estimate was that it had fallen 0.4%. In the
April-June quarter, the economy contracted 7.3%. Economists say adjustments in inventories are
overstating the weakness of the economy somewhat, and that monthly data are more upbeat. "The
upshot is that the economy likely returned to growth this guarter,"Marcel Thieliant, of Capital
Economics, said in a commentary on Monday.
Strong growth in jobs in the US, according to figures released on Friday, pushed the US dollar sharply
higher against the Japanese yen, which was trading at a rate of nearly 122 to the dollar early Monday.
That in turn spurred a rally in share prices, which rose above 18,00o yen to their highest level since
July 2007. A weaker yen tends to buoy share prices since it can inflate the value of profits of major
companies such as Toyota Motor Corp and other exporters in yen terms. A sales tax hike to 8% from
5% on 1 April is seen as the main reason why the economy has faltered after recovering from the last
recession in late 2012. Late last month, Prime Minister Shinzo Abe postponed a planned increase in
the tax to to% that was due to take place in 2015. It was put off until April 2017.
Abe also dissolved parliament and called a snap election, saying he wanted to win a public mandate for
the tax decision and other policies. He has promised to step down if his Liberal Democratic party
failed to keep its parliamentary majority, but given the lack of a strong opposition polls suggest that is
highly unlikely. Abe has sought to end years of deflation with a combination of heavy public spending
and aggressive monetary easing meant to push the economy toward an inflation target of 2%. So far,
inflation is at less than half that level. The hope is that expectations of higher prices will lead
consumers and businesses to spend more, helping to sustain growth. Abe's government has also
promised major reforms to help improve Japan's competitiveness. But so far those reforms have made
little headway.
So for all of you who believe that the American economy isn't strong enough, consider the current
fortunes of Japan, European Union and Russia. Even the powerhouse Chinese economy has declined
by almost 50%. Just last month Japanese economist were saying that delaying the tax increase, along
with the Bank of Japan's move on Oct. 31 to pump tens of billions of dollars of cash into the economy.
But one of the reason why Japan is suffer such a sustained recession is because they liberally drank the
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Kool-Aid in the 8os valuing the Royal Gardens more than the state of Florida and living on this myth
until the bubble burst. And unwilling to drastically write down the distorted values or inject the
necessary stimulus to turn things around Japan is still in a thirty year economic malaise.
The stupidest part of modern U.S. foreign policy nears its long-overdue end
Some residents of Little Havana are upset about President Obama's decision today to begin normalizing relations with Cuba.
As James Fallows wrote last week in The Atlantic — Don't Do Stupid Set Is Under-rated as a
Guiding Principle — "For at least 35 years, the U.S. embargo on diplomatic or commercial dealings
with Cuba has been the single stupidest aspect of U.S. foreign policy. Not the most destructive: that
title would go to the decision to invade Iraq, plus the ongoing ramifications of the age of torture, open-
ended war, and the security/surveillance state. But the Cuba policy has been the stupidest, because
there has been absolutely zero rational arguments for its strategic wisdom or tactical effectiveness.
Jeffrey Goldberg, who has traveled in Cuba and interviewed Castro, more tactfully calls it 'ridiculous.'
In my impetuous youth a few years ago, I called it not the stupidest part of U.S. policy but the 'most
idiotic.' Take your pick"
He those "at least S5 years" as the demarcation point for undeniable irrationality because that is when
the U.S. fully normalized its relations with mainland China. If successive Republican and Democratic
administrations could see the merit of trying to engage (rather than exclude) a one-party repressive
Communist-run state, even when that state had four times as many people as the U.S. did, and is
nuclear-armed, and is a regional rival of several U.S. allies, how much more obvious is the case for a
tiny little island practically within eyesight of American mainland and certain to fall under the sway of
U.S. cultural and economic influence if given a chance?
Not to mention that recognizing the People's Republic of China meant cutting off America's
relationship with the people and government of the Republic of China on Taiwan, which itself has
twice the population of Cuba and nearly ten times as large an economy. There is no comparable tit-
for-tat cost for the U.S. in normalizing relations with Cuba. (As shown by the photo above, there are
protests in Little Havana today. That is nothing compared with the riots in Taiwan after the U.S.
announcement, which Warren Christopher braved when traveling there in 1978 to deliver the official
news that the U.S. no longer considered Taiwan a real country.)
The stupid policy persisted because of inertia, and because there actually was a counterpart to the Cold
War-era "China Lobby" that pressured against dealing with Mao's Beijing government and in favor of
Chiang Kai-Shek's Taiwan. This was of course the emigre Cuban community concentrated in Florida.
Let's round up to say that perhaps one percent of the U.S. population has modern family ties to Cuba.
That's not many people. But enough members of that one percent would work hard enough, in a
concentrated enough political sphere, with enough resources and intensity behind them, that they
were able, NRA-style, to make this a line just not worth crossing for most politicians. Very few
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members of the remaining 99% of the electorate were going to change their votes based on Cuba
policy. Why should politicians take the risk?
Thus even though people out of electoral office — Richard Nixon as an ex-president, William F.
Buckley, even (bravely!) Paul Ryan before his vice-presidential run — have urged opening up to Cuba,
for people in office, or considering a run, the ramifications in Florida have made this not worth the risk
and bother. Every sane person knew the Cuba policy "would" and "should" change. But it didn't.
Until now. It is unwholesome for U.S. democracy that so little now happens through normal "bill
becomes a law" procedure, and so much depends on executive action. But in this case the executive is
doing manifestly the right thing. Congratulations, thanks, and it's about time. "Don't do stupid shit"
may have limits as a world view, but it is an improvement over the alternative. Removing Cuba from
the terrorism list will yield the biggest impact, both for Cuba and the United States. For the United
States, it will further legitimize the list. For years, Cuba has sat only in the company of Iran, Syria, and
Sudan. The Cuban regime may be unfriendly, but it does not pose any of the active dangers to the
United States and our security that these other countries possess. Taking Cuba off the list will free up
bureaucratic resources to even further focus on these truly rogue nations.
Again.... Bravo Mr. President And for those of you still don't think that it is good policy to thaw the
U.S. relationship with Cuba again think back to Nixon opening China and Reagan brokering deal
with Gorbachev who truly were adversaries against America, as well as the millions of Cubans whose
misery will be alleviated as a result of the normalization trade and diplomacy between the two
countries.... Please feel free to take a look at the attached Huffington Post article - This Is What
U.S.-Cuba Relations Looked Like Over The Past 5o Years.
******
How the World Changed in 2014
From industrial robots to wheat production to female billionaires, the statistics that lurked behind the
scenes this year
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This year shattered records from the number of billionaires to the number of refugees. It also
happened to be the warmest year recorded and featured the highest-ever levels of wheat production
and sales of industrial robots. The statistics below show how the world changed this year, in ways both
big and small.
100-200 percent: Increase in the number of coups since 2013. This year, the governments of
Thailand and Burkina Faso were toppled by their militaries. In Ukraine, meanwhile, a popular uprising
and a parliamentary vote ejected then-President Viktor Yanukovych. There is some debate over
whether the events in Kiev technically count as a coup as Yankovych has claimed, but according to
academic definitions, wrote coup expert Jay Ulfelder, "pedantically, Yanukovych is correct." In any
case, while coups are exceedingly rare worldwide, 201(5 number represents a jump from the one
successful coup, Egypt's, last year.
12.5 percent: Decline in the membership of what used to be the Group of 8 leading industrialized
democracies—the group's largest and only decline ever. After Russia was kicked out of the exclusive
club following its March annexation of Crimea, the G8 became the G7. Russia had been the last
member to join the exclusive club and the first to go; the group is now back to its 1998 membership.
19 percent: Increase in the number of billionaires around the world in 2014, according to Forbes's
annual billionaires' list. As of March this year, there were 1,645 billionaires on the planet, including
268 new ones, the biggest annual increase since Forbes started counting in 1987. The year saw about a
25-percent increase in the number of female billionaires, the highest ever, though with 172 female
billionaires, women still make up only about 10 percent of the total list.
55 percent: Proportion of countries studied in Freedom House's "Freedom on the Net 2014" study
that experienced a decline in Internet freedom in 2014. It's not that 2014 was uniquely bad —
Freedom House has measured declines in four of the five years it's been doing the report. But among
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the 65 countries examined in the report this year, more than half saw the passage or proposal of new
legal restrictions on online expression. "As a result,"the report's authors wrote, in 2014 "more people
are being arrestedfor their internet activity than ever before."
17 percent: Increase in Afghanistan's opium-production potential since 2013. This year,
Afghanistan broke its previous record for poppy production — which it set only last year. The
country's poppy industry has grown in each of the past three years; the UN now estimates that the
country can produce 6,400 tons worth of opium, a production surge of 40 percent since its Taliban-era
peak of 4,565 tons in 1999.
15 percent: Expected increase in industrial robot installations worldwide since last year. This
year's on track to break 2013's record of the highest number of industrial robots ever sold, in part due
to increasing automation in manufacturing. China leads the world in industrial robot purchases.
Note, as Merriam-Webster's Concise Encyclopedia does, that "industrial robots do not resemble
human beings; a robot in human form is called an android."
1.2 percent: Margin by which the size of China's economy will surpass that of the U.S. for the first
time in 2014, according to one International Monetary Fund projection. The IMF was measuring each
country's GDP at purchasing power parity, which, as Bloomberg defined it, "uses exchange rates that
adjustfor price differences of the same goods between nations." By other measures, the U.S. will lead
the pack of the world's economies for perhaps another decade.
o.6 percent: Increase in wheat production worldwide since last year. This year's crop will put
wheat output "at its highest level ever," according to the International Grains Council. Meanwhile,
though, Russia, one of the world's main wheat suppliers, has restricted exports as its declining
currency drives up domestic prices for food and other goods.
1.22°F: Average number of degrees by which the global temperature exceeded the 20th-century
average. That makes 2014 to date the warmest period since scientists started keeping track, breaking
by 0.02°F the previous record, set in 2010.
4o percent: Decline in the price of a barrel of oil from its 2014 peak this summer. Oil prices are
now at their lowest levels in five and a half years due to slowing global demand and expanded
alternative energy supplies. The Financial Times has called the price decline "byfar the biggest shock
for the global economy this year,"noting that its effects could "throw sand into the works of the usual
economic relationships."
KATHY GIISINAN - DEC so snug - The Atlantic
THIS WEEK's QUOTE
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Every gun that is made, every warship launched, every rocketfired,
signifies in thefinal sense a theftfrom those who hunger and are notfed,
those who are cold and are not clothed.
Dwight D. Eisenhower
BEST VIDEO OF THE WEEK
Heart
Stairway to Heaven
Led Zeppelin — Kennedy Center Honors
In a performance that had Robert Plant on the verge of tears, Ann & Nancy Wilson of
Heart sang `Stairway to Heaven' as the finale of a star-studded musical tribute to Led
Zeppelin during the Kennedy Center Honors, which were broadcast last night (Dec.
26) on CBS.
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It seems like about 3,000 people were on stage during this performance, with the
Wilson sisters joined by late Led Zeppelin drummer John Bonham's son Jason on
drums, as well as a gigantic house band featuring string and horn sections and what
appeared to be two different vocal choirs.
As anyone who's seen their frequent live performances of `Rock and Roll' or `The
Battle of Evermore' can tell you, the Wilson sisters know how to play Led Zeppelin
live. From the moment they began, all eyes and ears were focused on Ann Wilson, and
she knocked this one out of the park, leaving John Paul Jones, Jimmy Page and a
clearly misty Plant with big smiles on their faces as they watched from the balcony
WISHING YOU A HAPPY NEW YEAR
NEW YEAR's FIREWORKS for 2014 / 2014
Happy New Year my friends
I hope you will be celebrating the dawning of a new year with family, love
ones andfriends. We all made it, safe and sound to the year 2015, and I
wanted to continue the party by sharing thisfireworks display that
someone created & actualized through CGI several years ago. He said that
it took him a little over a week to complete, and we should all be very happy
with the outcome. All of the shells were custom-made by him, and we
should all be amazed in the handiwork that went into bringing them to
life. And although I had nothing to do with its creation I hope you all enjoy
the show.:)
The music choice usedfor this display is Thomas Bergersen's (Two Steps
From Hell) "Heart of Courage." Truly a great musical arrangement.
The great software used to mastermind a production like this is FWSim.
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HAPPY NEW YEARS Please click on the YouTube link below and
enjoy the fireworks!
Web Link: http://youtu.be/ LpMB1OZ53g
THIS WEEK's MUSIC
HAPPY & FROZEN
Pharrell Williams at the 56th annual Grammy Awards
Sometimes the number-one song of the year chooses you, and sometimes you the listener/buyer
actually choose it. As this is the last Weekly Offerings of 2014, I decided to make the music the Top 10
songs of the year but when I looked at the list and sampled some of the songs I realized that I hadn't
heard them.
Spin Magazine's Top 10 Songs of 2O14
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i. Future Islands — "Seasons (Waiting on You)"
2. Cloud Nothings — "I'm Not Part of Me"
3. Against Me! — "Transgender Dysphoria Blues"
4. Flying Lotus feat. Kendrick Lamar — "Never Catch Me"
5. Sia — "Chandelier"
6. Lykke Li — "No Rest for the Wicked"
7. Spoon — "Do You"
8. Taylor Swift - "Shake It Off"
9. Perfume Genius — "Queen"
io. Drake — "co-loo"
Here are the lists of the best-selling songs and albums of 2014, according to
iTunes
i. Pharrell — "Happy"
2. John Legend — "All of Me"
3. Katy Perry — "Dark Horse (ft. Juicy J)"
4. Jason Derulo — "Talk Dirty (ft. 2 Chainz)"
5. Iggy, Azalea — "Fancy (ft. Charli XCX)"
6. Ariana Grande — "Problem (ft. Iggy Azalea)"
7. Meghan Trainor — "All About That Bass"
8. Idina Menzel — "Let It Go"
9. DJ Snake — "Turn Down for What (ft. Lil Jon)"
to. MAGIC! — "Rude"
With the exception of appropriating the "Sometimes the number-one song ofthe year chooses you" which is
the phrase that Spin used in its description of "Seasons" by Future Islands I was not inspired by any of the
songs on the magazine's list. As such, I decided that rather then look at the Top Songs, I would include songs
that I enjoyed or because; Taylor Swift (#1Pop Star in the World), Caleb Johnson (2014 Winner ofAmerican
Idol), Carrie Underwood (whom I recently saw on the Today Show) and Nick Jonas (on The Voice) I somehow
discovered during the year. But for me and without a doubt, Pharrell Williams' "Happy" is the Number 1 Song
of 2014, followed by Sam Smith's "Stay Kith Me." The Number 1 Album is the soundtrack from Disney's
"Frozen." And the Number 1 surprise to everyone has to be Tony Bennett & Lady Gaga doing a wonderful
album together and then going on every television show promoting it.
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Because the music industry has changed dramatically, so has the music itself. And because I no longer
go clubbing and listen to the 2000 plus songs on my iPod instead of my car radio, unless I am in a
store, restaurant, someone else's home on in their car, much of the new music that I discover is via
television, The Voice, American Idol, late night shows and award programs. And if you disagree with
the selection below, understand where it comes from and know that I still treasure Miles, Coltrane,
Hendrix, Joplin, 2Pac and of course Lucio Dalla. With this said I invite you to listen to songs that best
represent popular music taste in America in 2014 Please enjoy
Pharrell Williams — Happy -- http://youtu.be/y6Sxv-sUYtM
Sam Smith — Stay With Me -- http://youtu.be/pB-5XG-DbAA http://youtu.be/nPx0dsXusqs
Mark Ronson ft. Bruno Mars — Uptown Funk -- http://youtu.be/GbGX1Sx0gvo
Nick Jonas — Jealous -- http://youtu.be/bMb_cBv3iks
Taylor Swift — Blank Space -- http://youtu.be/e-ORhEE9VVg
Carrie Underwood — Something in the Water -- http://youtu.be/mH9kYn4L8TI
Blake Shelton ft. Pistol Annies & Friends — Boys 'Round Here -- http://youtu.be/JXAgv665.114
Hozier — Take Me to Church -- http://youtu.be/EFJRU2b4ans
Selena Gomez — Heart Wants What It Wants (2014 American Music Awards) --
http://y • utu.belvQvutRHsaoc
Sam Smith - I'm Not The Only One -- http://youtu.be/7NMhjmLGRalc
Ariana Grande — Problem/Break Free/Love Me Harder (Medley) (2014 American Music Awards)
http://youtu.be/F5w_Ew7mOsI
John Legend —All ofMe -- http://youtu.be/x4bCnIYas_A
DJ Snake — Turn Down For What -- http://youtu.be/sRCHojfemeY
Iggy Azalea feat. Charli XCX — Fancy -- http://youtu.be/CyltDflwUfo
Idina Menzel — Let It Go from "Frozen" -- http://youtu.be/GSF9m-xdYmo
Maroon 5 - Animals -- http://youtu.be/DjjD6KOWAuc
Gwen Stefani & Pharrell Williams - Hollaback Girl (The Voice) -- http://youtu.be/cSMY3I_ESa
Caleb Johnson — Dream On - American Idol 13 (Finals) -- http://youtu.be/klizGYP7VBs
Tony Bennett & Lady Gaga — Cheek to Cheek -- http://youtu.be/bPQWG4mGdAc
I hope that you have enjoyed this week's offerings and wish you and
yours a great New Year....
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Sincerely,
Greg Brown
Gregory Brown
Chairman & CEO
GlobalCast Panners. LLC
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