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Leid Stories – 10.08.15

Wrong and Strong: The U.S. Bombing of Afghan Hospital; Hillary Clinton’s About-Face on Trans-Pacific Partnership President Barack Obama made a “rare” presidential apology yesterday for the U.S. bombing of a Doctors Without Borders hospital in Kunduz, Afghanistan, that killed 22 staff and patients and wounded dozens, including local villagers. But was the airstrike a “mistake,” as the administration and the …

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Tom Philpott – The Meat Industry Is Licking Its Chops Over Obama’s Massive Trade Deal

The US meat industry scored a big victory this week when world leaders hammered out an agreement that would reduce trade barriers across the Pacific: from the United Sates, Canada, Mexico, Peru, and Chile on this side to Australia, New Zealand, Japan, Malaysia, Brunei, Vietnam, and Singapore on the other. President Barack Obama has made passing the Trans-Pacific Partnership, or the TPP, …

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Dave Johnson – You Knew The TPP Was Bad. But Here’s How It Gets Even Worse

Negotiators are meeting in Atlanta, trying to wrap up the Trans-Pacific Partnership (TPP). It might be wrapped up as soon as Thursday. While the agreement is secret, there are reasons for people to be very, very concerned. Here is a news article that explains why people should be alarmed about this secret “trade” agreement that the giant corporations have come …

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Andre Vltchek – Abe’s Japan – Fascist and Falling

Japan was my home for many years. I was running there from countless war zones, to get some rest, to enjoy beautiful nature and its ancient, deep culture. I learned all about its legends and fairytales, I knew its creeks and peaks, villages lost in time. I came here to think and to write, on board those marvelous high-speed trains, Shinkansens. But …

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Citi Just Made “Global Recession In 2016” Its Base Case Scenario

Over the weekend, we reported that in a dramatic turn of events, the research division of Japan’s second biggest brokerage house, Daiwa, did what nobody else has done before and released a report in which it made a global financial “meltdown”, one resulting from nothing short of a Chinese economic cataclysm its base case scenario, its base case. It added …

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Economic Update – Precarious Work = Capitalism’s Inefficiency – 09.13.15

Updates on economics of refugees, Ford buys French political wife, LAs homeless, Labor Day history, Seattle Teachers strike, and Japan’s jobs ever more precarious. Response to listeners on why rising wages need NOT mean rising prices. Interview with Dr. Harriet Fraad, mental health counselor, on the psychological pains, personal suffering, and huge social costs of imposing uncertainty and precarity on job security, hours and days of work, benefits, and wages.

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Karl Grossman – “Radiation is Good for You!” and Other Tall Tales of the Nuclear Industry

The U.S. Nuclear Regulatory Commission is considering a move to eliminate the “Linear No-Threshold” (LNT) basis of radiation protection that the U.S. has used for decades and replace it with the “radiation hormesis” theory—which holds that low doses of radioactivity are good for people. The change is being pushed by “a group of pro-nuclear fanatics—there is really no other way …

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Pepe Escobar – Say hello to China’s new toys: Escobar

China’s aggression is destabilizing its neighbors in the South China Sea. China never stops cheating on world trade. China’s stock market is a trap for investors. China’s devaluation of the yuan is a dirty trick. China is imploding. President Xi Jinping does not have any credibility left. And China is a major threat because the Pentagon said so. Whatever. Cue …

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Pepe Escobar – Brave (miserable) new normal world

Shares in the Shanghai/Shenzhen soared a whopping 150 percent in the 12 months up to mid-June. Small investors – almost 80 percent of the market – believed in a never-ending party, and often borrowed heavily to be part of the “get rich is glorious” bonanza. There had to be a correction. Those shares – which had hit a 7-year peak …

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Jane Ayers – Daniel Ellsberg Arrested at Lawrence Livermore Lab on 70th Anniversary of Nuclear Bombing of Hiroshima

ietnam War-era whistleblower Daniel Ellsberg, 84, known for releasing the Pentagon Papers in 1971, has once again been arrested for protesting U.S. nuclear weapon arsenals, this time at Lawrence Livermore Labs on Thursday, August 7, the 70th anniversary of the atomic bombing of Hiroshima, Japan. Ellsberg was arrested with fifty other protestors from the Bay Area, while 250 more joined …