Tuesday, January 31, 2012

History of Glass-Steagall

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In 1933, Senator Carter Glass (D-Va.) and Congressman Henry Steagall (D-Ala.) introduce the historic legislation that bears their name, seeking to limit the conflicts of interest created when commercial banks are permitted to underwrite stocks or bonds.The new law bans commercial banks from underwriting securities, forcing banks to choose between being a simple lender or an underwriter (brokerage). The act also establishes the Federal Deposit Insurance Corporation (FDIC), insuring bank deposits, and strengthens the Federal Reserve's control over credit. In the spring of 1987, the Federal Reserve Board votes 3-2 in favor of easing regulations under Glass-Steagall Act, overriding the opposition of Chairman Paul Volcker. In 1995, the House and Senate Banking Committees approve separate versions of legislation to get rid of Glass-Steagall, but conference negotiations on a compromise fall apart. The Citicorp-Travelers merger, which thanks to the removal of Glass-Steagall enabled the formation of the financial behemoth known as Citigroup. But even behemoths are vulnerable; when the meltdown hit, the bank cut more than 50,000 jobs, and the taxpayers shelled out more than $45 billion to save it. "The World provides enough for every man's need but not for every man's greed.--M. Gandhi
Ted Rudow III, MA

Monday, January 30, 2012

History of Glass-Steagall

http://www.indybay.org/newsitems/2012/01/30/18706081.php
History of Glass-Steagall
by Ted Rudow III, MA ( Tedr77 [at] aol.com ) Monday Jan 30th, 2012
In 1933, Senator Carter Glass (D-Va.) and Congressman Henry Steagall (D-Ala.) introduce the historic legislation that bears their name, seeking to limit the conflicts of interest created when commercial banks are permitted to underwrite stocks or bonds.
-->
The new law bans commercial banks from underwriting securities, forcing banks to choose between being a simple lender or an underwriter (brokerage). The act also establishes the Federal Deposit Insurance Corporation (FDIC), insuring bank deposits, and strengthens the Federal Reserve's control over credit. In the spring of 1987, the Federal Reserve Board votes 3-2 in favor of easing regulations under Glass-Steagall Act, overriding the opposition of Chairman Paul Volcker. In 1995, the House and Senate Banking Committees approve separate versions of legislation to get rid of Glass-Steagall, but conference negotiations on a compromise fall apart. The Citicorp-Travelers merger, which — thanks to the removal of Glass-Steagall — enabled the formation of the financial behemoth known as Citigroup. But even behemoths are vulnerable; when the meltdown hit, the bank cut more than 50,000 jobs, and the taxpayers shelled out more than $45 billion to save it. "The World provides enough for every man's need but not for every man's greed.--M. Gandhi
Ted Rudow III, MA

Peace

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Wanton waste Bay Area Indymedia January 5, 2012 by Ted Rudow III, MA ( Tedr77 [at] aol.com ) The Stockholm International Peace Research Institute reports that world military expenditures are averaging between $900 billion and $1 trillion a year.

Friday, January 27, 2012

Progress?

http://www.indybay.org/newsitems/2012/01/27/18705762.php
Progress?
by Ted Rudow III, MA ( Tedr77 [at] aol.com ) Friday Jan 27th, 2012 Newt Gingrich’s recent rise in the Republican contest would have been impossible without the backing of one man: multi-billionaire casino mogul Sheldon Adelson. Adelson and his wife have donated $10 million to the pro-Gingrich super PAC
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He has a lot of money to spend. And he offered, essentially, to be the major donor for AIPAC for its new building. He’s very, very close to former prime minister, Benjamin Netenyahu, and to Natan Sharansky, who’s part of the Shalem Center in Israel, which is a Netanyahu-Likud kind of front think tank. And he founded his own institute there, the Adelson Institute, which is headed by Sharansky. The Washington Post reports Adelson and Gingrich met when Gingrich was House speaker and Adelson was lobbying to move the U.S. embassy in Israel from Tel Aviv to Jerusalem. Gingrich raised this very issue at last night’s debate when he was questioned about his past claims that the Palestinians are an "invented" people. Newt Gingrich is spouting in these debates, he’s making George Bush look like a walk in the park. I mean, it’s getting—I mean, we’re not—we’re supposed to be progressing in the peace process. We’re supposed to be moving forward. And what we are doing, and the GOP is doing, is moving back. So if the American people have any sense, we cannot let this guy go forward.
Ted Rudow III, MA

Privacy

Spartan Daily

January 24, 2012



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ACTA, SOPA and PIPA would destroy the Internet

by Christian Gin Jan 24, 2012 3:15 pm Tags: ACTA, censorship, internet, memes, online piracy, PIPA, privacy, SOPA



Jasper Rubenstein, Spartan Daily
Christian Gin is a staff writer.


Imagine making a web slideshow video using your favorite music as the background audio.

By rule of the ACTA (Anti-Counterfeiting Trade Agreement), PIPA (Protect IP Act) and SOPA (Stop Online Piracy Act) acts, you are unable to do this because of copyright laws.

SOPA is a potential law that derives from the principles of ACTA and applies only to the United States.

The PIPA is the third potential act to affect the internet.

This proposed law in the United States would create the ability to take down websites that contain copyright material.

An owner can take legal action against any anyone who infringes on their material.

The Department of Justice would also have the right to demand search engines and social networking sites block those websites that have copyright material.

This would make sure that no one can illegally download their favorite music or movies or even pictures they like, or use any other material that is copyright.

Now it sounds like a good idea to make sure criminals don’t pirate any multimedia property that someone owns, right?

Well, there is a catch to this.

People can now be censored for even a simple picture of something in a slide show of theirs.

Videos would have to have only original content everywhere.

Whether it’s music, video or pictures, it has to be someone’s own material rather than a song by an artist or picture by a famous photographer.

An example of the ACTA movement is how the well-known website MegaUpload was taken down by the U.S. Department of Justice.

MegaUpload was a website known for posting various things like movies and television episodes.

The website was good for hosting videos and providing downloads of media content.

The United States Department of Justice defined MegaUpload as a website that had committed copyright infringement as it contained episodes from many television shows without their permission.

Because of the acts, several websites similar to MegaUpload will be tracked down by the Department of Justice and be killed off for good in the near future.

Their long term goal would be to kill off any peer-to-peer (P2P) websites that let others share any kind of music or media.

This would include the P2P music file sharing program Limewire.

People would also be unable to stream an event live using any kind of streaming website.

This would be deemed as illegal and not allowed.

The internet would not be what it is today, it would be only for serious things, and everything that is fun could be jeopardized by ACTA, SOPA and PIPA.

In response to this, Wikipedia put up a protest known as “A world without knowledge,” shutting down the English portion of Wikipedia for the entire day of Jan. 18, 2012.

Google also spread the word about PIPA and SOPA with information displayed on their website.

Google’s homepage displayed its logo being blacked out, and clicking on it would redirect visitors to a page containing videos they made explaining the dangers of PIPA and SOPA.

These acts would be horrible for anyone using the internet.

ACTA, PIPA and SOPA would censor everything on the internet making it illegal for people to do pretty much anything.

The ability to put something on YouTube would be very limited to things someone filmed with their camera.

Several websites would be shut down because they would contain a copyright images or music within it.

All of these acts would take away freedom of speech and violate the first amendment.

Everyone needs to take a stand and let everybody know that this is horrible.

Make your voices heard, that these possible acts are not acceptable for freedom of speech.

Sign the petition against these dangerous acts that will ruin websites and businesses at americancensorship.org.

Tell your congressman how dangerous the acts could be, and how it harms the future of the internet.

SOPA, PIPA and ACTA are jeopardizing all the great things about the internet and we have to stop it.



Ted Rudow III, MA on January 27, 2012 :

Fascism was founded during World War I by Italian national syndicalists who combined left-wing and right-wing political views, but Italian Fascism gravitated to the right in the early 1920s.

Italian Fascists described fascism as a right-wing ideology in the political program The Doctrine of Fascism.
Fascism promoted principles of masculine heroism, militarism and discipline, and rejected cultural pluralism and multiculturalism. Fascism has proved it is not one bit interested in the democratic process. The Christian right is a major political force in the West, supported by the Republican Party in the United States. This is born out in the Republican Debates.
Many topics of the debates are very bias in that. Fascism is the socialism of the rich in which the rich get together and cooperate to protect and keep their wealth and enforce their form of government on the poor. Let us never to go back to that!
Ted Rudow III, MA
Class of 1996

Tuesday, January 24, 2012

Career planning

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Peninsula readers' letters: Jan. 24
From Daily News Group readers Posted: 01/23/2012 05:52:07 PM PSTUpdated: 01/24/2012 12:28:31 AM PST
Career planning
Dear Editor: The lack of career planning before a school is chosen, a major is selected and debt is borrowed is shocking to me. Not enough students -- and their families who are also taking on student loans -- are asking what their college major is worth in the workforce.In the "Hard Times" report, the center found that the unemployment rate for recent graduates is highest in architecture (13.9 percent) because of the collapse of the construction and home-building industry. Not surprisingly, unemployment rates are generally higher in non-technical majors such as the arts (11.1 percent), humanities and liberal arts (9.4 percent), social science (8.9 percent) and law and public policy (8.1 percent).A college education is not an investment in your future if you are taking out loans just for the college experience. It's not an investment if you're not coupling your education with training. It's not an investment if you aren't researching which fields are creating good-paying jobs now and 30 years from now.Ted Rudow III, MAPalo Alto

Monday, January 23, 2012

Crony

http://www.indybay.org/newsitems/2012/01/23/18705484.php
Crony
by Ted Rudow III, MA ( Tedr77 [at] aol.com ) Monday Jan 23rd, 2012
Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials.
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It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, and so forth. Crony capitalism is believed to arise when political cronyism spills over into the business world; self-serving friendships and family ties between businessmen and the government influence the economy and society to the extent that it corrupts public-serving economic and political ideals. We need not only a reinstitution of Glass-Steagall, but even a more serious limitation on banks. We want to have a way for, you know, average Americans to save money without taking big risks and not be worried about the failure of their banking institution, then there can be some narrow banks who do nothing except take deposits, make long-term loans or short-term loans of a standard, business variety. "Crony capitalism is about the aggressive and proactive use of political resources, lobbying, campaign contributions, influence-peddling of one type or another to gain something from the governmental process that wouldn't otherwise be achievable in the market. And as the time has progressed over the last two or three decades, I think it's gotten much worse. Money dominates politics." David Stockman
Ted Rudow III, MA

Friday, January 20, 2012

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Fascism was founded during World War I by Italian national syndicalists who combined left-wing and right-wing political views, but Italian Fascism gravitated to the right in the early 1920s. Italian Fascists described fascism as a right-wing ideology in the political program The Doctrine of Fascism. Fascism promoted principles of masculine heroism, militarism and discipline, and rejected cultural pluralism and multiculturalism. Fascism has proved it is not one bit interested in the democratic process. The Christian right is a major political force in the West, supported by the Republican Party in the United States. This is born out in the Republican Debates. Many topics of the debates are very bias in that. Fascism is the socialism of the rich in which the rich get together and cooperate to protect and keep their wealth and enforce their form of government on the poor. Let us never to go back to that! Ted Rudow III, MA

Thursday, January 19, 2012

Very bias

http://www.indybay.org/newsitems/2012/01/19/18705051.php
Very bias
by Ted Rudow III, MA ( Tedr77 [at] aol.com ) Thursday Jan 19th, 2012
Fascism was founded during World War I by Italian national syndicalists who combined left-wing and right-wing political views, but Italian Fascism gravitated to the right in the early 1920s. Italian Fascists described fascism as a right-wing ideology in the political program The Doctrine of Fascism. Fascism promoted principles of masculine heroism, militarism and discipline, and rejected cultural pluralism and multiculturalism. Fascism has proved it is not one bit interested in the democratic process. The Christian right is a major political force in the West, supported by the Republican Party in the United States.
This is born out in the Republican Debates. Many topics of the debates are very bias in that. Fascism is the socialism of the rich in which the rich get together and cooperate to protect and keep their wealth and enforce their form of government on the poor. Let us never to go back to that!
Ted Rudow III, MA

Sunday, January 15, 2012

RSN


King's Day

by Ted Rudow III Friday, 13 January 2012
Has his dream been realized? Has that dream come true in your life? Has that dream been fulfilled? Or have our ideals and our aspirations fallen by the wayside?
Where is the unity, the brotherhood, the oneness of heart and spirit? His dream can only become a reality through love, the supernatural Love of God! This is what brings unity. This is what brings equality. This is what brings mutual respect. This is what makes a man willing to prefer another and lift up another, and sacrifice of himself to improve the life of another. This is what makes a man willing to look past the color of the skin and see the heart and spirit, to see each man, woman and child as a creation of God. This is what motivates those that are in power to act justly and fairly, without seeking their own gain.
You cannot wait for legislation. You cannot wait for the lawmakers to make things right for you. Each one of you must make a decision in your own heart to reach out, to lift up, to care, to love, to strive with all that is within you to make the world a better place for the weak and the meek. Only through this love and compassion and caring for others will your dreams be realized, will you find the opportunities that you are looking for, will you find the equality that you seek, and will you find the self-respect and the self-esteem that you long for.
March with hearts courageous, as he marched on Washington! March arm-in-arm, shoulder-to-shoulder, and fight! -- Not with violence, not with guns and killing and pain, but with love and the truth, with respect for one another, and without prejudice toward the color of a man's skin. Lift up your eyes and look around you and see what you can do to change the world.

Friday, January 13, 2012

King's Day

http://www.indybay.org/newsitems/2012/01/13/18704692.php
King's Day
by Ted Rudow III,MA ( Tedr77 [at] aol.com ) Friday Jan 13th, 2012
His dream been realized? Has that dream come true in your life? Has that dream been fulfilled? Or have our ideals and our aspirations fallen by the wayside? Where is the unity, the brotherhood, the oneness of heart and spirit? His dream can only become a reality through love, the supernatural Love of God! This is what brings unity. This is what brings equality. This is what brings mutual respect. This is what makes a man willing to prefer another and lift up another, and sacrifice of himself to improve the life of another. This is what makes a man willing to look past the color of the skin and see the heart and spirit, to see each man, woman and child as a creation of God. This is what motivates those that are in power to act justly and fairly, without seeking their own gain.
You cannot wait for legislation. You cannot wait for the lawmakers to make things right for you. Each one of you must make a decision in your own heart to reach out, to lift up, to care, to love, to strive with all that is within you to make the world a better place for the weak and the meek. Only through this love and compassion and caring for others will your dreams be realized, will you find the opportunities that you are looking for, will you find the equality that you seek, and will you find the self-respect and the self-esteem that you long for.
March with hearts courageous, as he marched on Washington! March arm-in-arm, shoulder-to-shoulder, and fight! -- Not with violence, not with guns and killing and pain, but with love and the truth, with respect for one another, and without prejudice toward the color of a man's skin. Lift up your eyes and look around you and see what you can do to change the world.
Ted Rudow III, MA

Wanton waste

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Wed. January 11, 2012
Wanton waste Bay Area Indymedia January 5, 2012 by Ted Rudow III, MA ( Tedr77 [at] aol.com ) The Stockholm International Peace Research Institute reports that world military expenditures are averaging between $900 billion and $1 trillion a year.

Thursday, January 12, 2012

Better uses of war funds

SFexaminer.com
Thursday, January 12, 2012

Search this site: News Nation World Business Science and Technology


Better uses of war funds
The Stockholm International Peace Research Institute reported that world military expenditures average between $900 billion and $1 trillion a year. The $1 trillion figure would mean that an astronomical $2 million are spent worldwide on the military every minute — and U.S. military spending accounts for 42 percent of this.
A $30 billion, 10-year plan to provide clean water to the poor of the developing world would cost just 10 days of military spending. Eighteen days of military spending yearly could eradicate malnutrition worldwide. Experts believe that $200 million, or about three hours of military spending, could wipe out the diseases of diphtheria, whooping cough, tetanus, measles and polio, which together kill 4 million children every year.
Former President Dwight D. Eisenhower highlighted the wanton waste of war when he declared: “Every gun that is made, every warship launched, every rocket fired, signifies in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. The world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. … Under the cloud of threatening war, it is humanity hanging from a cross of iron. ... Is there no other way the world may live?”
Ted Rudow III, MAPalo Alto

Wednesday, January 11, 2012

Imperialistic attack

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Peninsula readers' letters: Jan. 11

From Daily News Group readers Posted: 01/10/2012 05:52:37 PM PST


Imperialistic attack of Libya
Dear Editor: On June 15, three months after the NATO bombing of Libya began, the African Union presented to the U.N. Security Council the African position on the attack -- in reality, bombing by its traditional imperial aggressors France and Britain, joined by the U.S., which initially coordinated the assault, and marginally some other nations.
Theories about imperialism typically focus on the British Empire, with side glances elsewhere. For some, imperialism designated a policy of idealism and philanthropy; others alleged it was characterized by political self-interest, and a growing number associated it with capitalist greed. Their combined work informed the study of imperialism's impact on Europe, as well as contributed to reflections on the rise of the military-political complex in the United States from the 1950s.
"Careless assaults on the sovereignty of African countries are, therefore, tantamount to inflicting fresh wounds on the destiny of the African peoples. The African appeal can be found in the Indian journal Frontline, but was mostly unheard in the West. That comes as no surprise: Africans are 'unpeople,' to adapt George Orwell's term for those unfit to enter history." -- Noam Chomsky
Ted Rudow III, MA
Palo Alto

Monday, January 09, 2012

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On June 15, three months after the NATO bombing of Libya began, the African Union presented to the U.N. Security Council the African position on the attack in reality, bombing by their traditional imperial aggressors: France and Britain, joined by the U.S., which initially coordinated the assault, and marginally some other nations.
Theories about imperialism typically focus on the British Empire, with side glances elsewhere. For some, imperialism designated a policy of idealism and philanthropy; others alleged that it was characterized by political self-interest, and a growing number associated it with capitalist greed. Their combined work informed the study of imperialism's impact on Europe, as well as contributed to reflections on the rise of the military-political complex in the United States from the 1950s. "Careless assaults on the sovereignty of African countries are, therefore, tantamount to inflicting fresh wounds on the destiny of the African peoples. The African appeal can be found in the Indian journal Frontline, but was mostly unheard in the West. That comes as no surprise: Africans are "unpeople" to adapt George Orwells term for those unfit to enter history." Noam Chomsky
Ted Rudow III, MA

Sunday, January 08, 2012

"Unpeople"

http://www.indybay.org/newsitems/2012/01/08/18704375.php
"Unpeople"
by Ted Rudow III, MA ( Tedr77 [at] aol.com ) Sunday Jan 8th, 2012
On June 15, three months after the NATO bombing of Libya began, the African Union presented to the U.N. Security Council the African position on the attack – in reality, bombing by their traditional imperial aggressors: France and Britain, joined by the U.S., which initially coordinated the assault, and marginally some other nations.
-->
Theories about imperialism typically focus on the British Empire, with side glances elsewhere. For some, imperialism designated a policy of idealism and philanthropy; others alleged that it was characterized by political self-interest, and a growing number associated it with capitalist greed. Their combined work informed the study of imperialism's impact on Europe, as well as contributed to reflections on the rise of the military-political complex in the United States from the 1950s. "Careless assaults on the sovereignty of African countries are, therefore, tantamount to inflicting fresh wounds on the destiny of the African peoples. The African appeal can be found in the Indian journal Frontline, but was mostly unheard in the West. That comes as no surprise: Africans are “unpeople,” to adapt George Orwell’s term for those unfit to enter history." Noam Chomsky
Ted Rudow III, MA

Saturday, January 07, 2012

Wanton waste


RSN


Wanton Waste

by Ted Rudow III , MA Thursday, 05 January 2012
The Stockholm International Peace Research Institute reports that world military expenditures are averaging between $900 billion and $1 trillion a year. Using the $1 trillion figure, that means an astronomical two million dollars are spent worldwide on the military every minute! U.S. Military spending 42% of this.
A $30 billion, 10-year plan to provide clean water to the poor of the developing world would cost just ten days of military spending. Eighteen days of military spending yearly could eradicate malnutrition worldwide. Experts believe that $200 million, or about three hours of military spending, could wipe out the diseases of diphtheria, whooping cough, tetanus, measles and polio, which together kill four million children every year.
Former U.S. president General Dwight D. Eisenhower highlighted the wanton waste of war when he declared, “Every gun that is made, every warship launched, every rocket fired signifies in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. The world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. ... Under the cloud of threatening war, it is humanity hanging from a cross of iron. ... Is there no other way the world may live?"

World's wanton

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Peninsula readers' letters: Jan. 7
From Daily News Group readers Posted: 01/06/2012 05:35:49 PM PSTUpdated: 01/06/2012 11:01:16 PM PST

World's wanton waste on war
Dear Editor: The Stockholm International Peace Research Institute reports that world military expenditures are averaging between $900 billion and $1 trillion a year. Using the $1 trillion figure, that means an astronomical $2 million are spent worldwide on the military every minute. The U.S. military is spending 42 percent of this.
A $30 billion, 10-year plan to provide clean water to the poor of the developing world would cost just 10 days of military spending. Eighteen days of military spending yearly could eradicate malnutrition worldwide. Experts believe that $200 million, or about three hours of military spending, could wipe out the diseases of diphtheria, whooping cough, tetanus, measles and polio, which together kill 4 million children every year.
Former U.S. president General Dwight D. Eisenhower highlighted the wanton waste of war when he declared, "Every gun that is made, every warship launched, every rocket fired, signifies in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. The world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. ... Under the cloud of threatening war, it is humanity hanging from a cross of iron. ... Is there no other way the world may live?"
Ted Rudow III, MA
Palo Alto

Friday, January 06, 2012

Wanton Waste

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Wanton waste
Issues Beyond Palo Alto, posted by Ted Rudow III, MA, a member of the Palo Alto High School community
The Stockholm International Peace Research Institute reports that world military expenditures average between $900 billion and $1 trillion a year. Using the $1 trillion figure, that means an astronomical $2 million are spent worldwide on the military every minute! The U.S. military spends 42 percent of this.

A $30 billion, 10-year plan to provide clean water to the poor of the developing world would cost just 10 days of military spending. Eighteen days of military spending yearly could eradicate malnutrition worldwide. Experts believe that $200 million, or about three hours of military spending, could wipe out the diseases of diphtheria, whooping cough, tetanus, measles and polio, which together kill 4 million children every year.

Former U.S. president Dwight D. Eisenhower highlighted the wanton waste of war when he declared, “Every gun that is made, every warship launched, every rocket fired signifies in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. The world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children … Under the cloud of threatening war, it is humanity hanging from a cross of iron ... Is there no other way the world may live?”

Oil War

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Tedr77 [at] aol.com by Ted Rudow III, MA ( Tedr77 [at] aol.com Friday Dec 30th, 2011 10:18 AM Iran, at loggerheads with the West over its nuclear program, said on Tuesday it would stop the flow of oil through the Strait of Hormuz in the Gulf if sanctions were imposed ... The Talking Points ™
- Ted Rudow III, M - Much of the Persian Gulf relies on the Strait of Hormuz to export its petroleum and reach the ocean, making it one of the world's most important oil supply routes. - Actually about a 40% loss of oil since those happy carefree days of the one-dollar-a-barrel oil, which is all they were willing to give the Arabs for this very cheap black sticky dirty substance a mere 40 years or so ago. - And also, it's their one weapon they can really use effectively.

Wanton Waste

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Letter: Wanton waste January 06, 2012, 04:07 AM Letter
Editor,
The Stockholm International Peace Research Institute reports that world military expenditures average between $900 billion and $1 trillion a year. Using the $1 trillion figure, that means an astronomical $2 million are spent worldwide on the military every minute! The U.S. military spends 42 percent of this.
A $30 billion, 10-year plan to provide clean water to the poor of the developing world would cost just 10 days of military spending. Eighteen days of military spending yearly could eradicate malnutrition worldwide. Experts believe that $200 million, or about three hours of military spending, could wipe out the diseases of diphtheria, whooping cough, tetanus, measles and polio, which together kill 4 million children every year.
Former U.S. president Dwight D. Eisenhower highlighted the wanton waste of war when he declared, “Every gun that is made, every warship launched, every rocket fired signifies in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. The world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children … Under the cloud of threatening war, it is humanity hanging from a cross of iron ... Is there no other way the world may live?”


Ted Rudow III,MA
Palo Alto, CA

Thursday, January 05, 2012

Wanton waste

http://www.indybay.org/newsitems/2012/01/05/18704168.php
Wanton waste
by Ted Rudow III, MA ( Tedr77 [at] aol.com ) Thursday Jan 5th, 2012The Stockholm International Peace Research Institute reports that world military expenditures are averaging between $900 billion and $1 trillion a year. Using the $1 trillion figure, that means an astronomical two million dollars are spent worldwide on the military every minute! U.S. Military spending 42% of this.
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A $30 billion, 10-year plan to provide clean water to the poor of the developing world would cost just ten days of military spending. Eighteen days of military spending yearly could eradicate malnutrition worldwide. Experts believe that $200 million, or about three hours of military spending, could wipe out the diseases of diphtheria, whooping cough, tetanus, measles and polio, which together kill four million children every year. Former U.S. president General Dwight D. Eisenhower highlighted the wanton waste of war when he declared, “Every gun that is made, every warship launched, every rocket fired signifies in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. The world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. … Under the cloud of threatening war, it is humanity hanging from a cross of iron. ... Is there no other way the world may live?"
Ted Rudow III, MA

Monday, January 02, 2012

Inventing reasons to fight

sfexaminer.com
News Nation World Business Science and Technology Health Politic
Inventing reasons to fight
The president is authorized to use military force against those who perpetrated the 9/11 attack and those countries who harbored those individuals. Now, more than a decade later, news stories anonymously quote U.S. officials saying al-Qaida, the group that perpetrated the 9/11 attack, is now demolished.
Only two leaders might be left in the entire Middle East. Al-Qaida is already rendered “effectively inoperable.” There is no more al-Qaida left in Afghanistan or Pakistan according to the U.S. military. We have left Iraq at the insistence of the elected Iraqi government.
The U.S. is actively using drone bombers wherever it pleases, often against groups that didn’t even exist at the time of 9/11. What we’re doing is not only going way beyond what we were supposed to be doing when Congress authorized military force, but we are constantly manufacturing the causes of our war.
Ted Rudow III, Palo Alto