WeAreChange Ohio traveled to Newport, Kentucky to investigate the military checkpoints that appeared around the downtown area on September 6, 2009. Officially, this was done for traffic control purposes during the annual Riverfest celebration that is held on both sides of the Ohio River. Continue reading
In 1992, George H.W. Bush signed Executive Order 12803, which gave D.C. the authority to sell America’s infrastructure. They called this authority “Infrastructure Privatization.” E.O. 12803 tells us this power cleared the way for the “disposition or transfer of an infrastructure “asset” such as by sale or by long-term lease from a State or local government to a private party.” Continue reading
The day of reckoning that California has been warned about for years has arrived. The longest recession in generations and the defeat this week of a package of budget-balancing ballot measures are expected to lead to state spending cuts so deep and so painful that they could rewrite the social contract between California and its citizens. They could also force a fundamental rethinking of the proper role of government in the Golden State. Continue reading
The failure of California’s proposed initiatives that desperately attempted to balance the state budget reveals a sobering truth about every Democracy: The voters will never vote for financial solvency. It is far too easy to vote for debt spending, passing on the burden of today’s benefits to tomorrow’s taxpayers. And in doing so, the voters destroy the financial future of their own state or nation. Continue reading
After years on the brink, California is finally going out of business Continue reading
The U.S. steel industry is reportedly in collapse and looking for a massive government investment program of up to $US1 trillion ($1.42 trillion) to stimulate demand.
Output of steel has plunged 50 per cent since September as construction and car production have fallen sharply amid a US recession and the global credit crunch, The New York Times reports.
Industry executives are pleading for a huge public infrastructure investment program – of up to $US1 trillion over two years – under president-elect Barack Obama’s proposed stimulus plan, the newspaper says. Continue reading