Archive for billionaires

Documentary: The Billionaires' Tea Party


Tea Party Billionaires

From YouTube

Documentary detailing the corporate sponsors of the Tea Party and the history of the whole movement.


"Think what Ballmer's play money could do to help farmers and their children."


it's all about the money 2

Let's talk money. Few people have enough. A very, very few are sitting on craploads of money, *coughKOCHS, ADELSONcough* but most of us aren't.

GOP Congress members block any Democratic bill that aims to rectify that. *coughMINIMUMWAGEcough* Without wage hikes, the "have-nots" can't spend money. Without that money going into the economy, our situation remains stagnant. And Americans continue to struggle.

But that's okay with Republicans. That way they can blame it all on the president and use his/the Dems' "failure" as a fundraising ploy to win elections while claiming they could do better. Never mind that they've come up with no plan of their own other than that proven catastrophe called austerity. *coughPAULRYANcough*

Billionaires and corporations continue to hoard their money, while the rest of us agonize over how to stay above water, feed and clothe our kids, and simply make it through another day.

And with that, here are a couple of Los Angeles Times letters to the editor, because our voices matter:

Thank you for Friday's compelling story about agricultural workers in the Central Valley ("Dreams die in drought"). I was moved by the plight of these families struggling to get by, and chagrined at the number of children they bring into the world and the stress that this adds.

If someone ever wondered about the differences between the haves and the have-nots, one need only read this story and the adjacent one about the obscene price Ballmer might pay for the Clippers ("NBA record $2 billion offered for Clippers," May 29) .

The fat cats sit game-side doodling on their cellphones while field laborers eke out an existence, or don't. Just think what Ballmer's play money could do to help these farmers and their children.

I only hope the Mormon missionaries in the moving Column One learn from the example of Jesus to not only feed the poor but also to fight for justice for the least of those among us.

Philip Spradling



Economist Brad Schiller cautions that President Obama's proposal to boost the minimum wage to $10.10 an hour would cost hundreds of thousands of jobs. He doesn't mention the multiplier effect of a wage increase. ("A higher minimum wage -- at what cost?," Opinion, May 27)

The multiplier effect is the single most powerful factor in growing an economy. It is to macroeconomics what compounding is to investing.

Schiller mentions the 500,000 jobs that "might" be lost (according to the Congressional Budget Officer report), but he conveniently omits the fact that the CBO also states that the wages of 16.1 million workers would go up. The positive multiplier effect on the 16.1 million workers would more than make up for the negative multiplier effect of the 500,000 who "might" lose their jobs by creating new jobs due to added demand.

In 1992, James Carville famously coined the phrase, "It's the economy, stupid." It's time for an update: "It's the multiplier effect, stupid."

Eric Geisterfer

San Pedro


Need a miracle? Why, here's one now! cc: Billionaire Tom Steyer's super PAC


solar freakin' roadways climate change miracle

Earlier, our own lwdgrfx posted a link to the above video about a new miracle, a possible global solution to help combat climate change, a brilliant idea, and-- wait for it-- a feasible one. As is stated at the link, "everything about this is good. You should be throwing your money at this project."

To put it mildly:

THIS IS A MUST-WATCH!!!!!!!!!!!!!!!!

Please note that I used more exclamation points than the GOP does after "Benghazi!!!!!!!!!!!" and a larger font.

So there.

I own my exuberance. I do not apologize for shouting. In fact, I hope billionaire Tom Steyer notices.

Which brings me to two related articles from the Los Angeles Times that are relevant to the potential miracle that are solar freakin' roadways: Climate change to result in less nutritional food, report says and billionaire will brand climate skeptics as deniers and highlight the hardships on real people that climate change is already causing.

Dear Billionaire Tom, please invest in solar freakin' roadways (!!!!!!!!!!!!!!!). Not familiar with Mr. Steyer? Please read my previous post, California billionaire may be liberals' answer to the Koch brothers.

Here are a few samples from the Times pieces. Please link over to read the rest. First, Billionaire Tom and his Amazing Super PAC:

A group run by California billionaire Tom Steyer unveiled plans to aggressively target Republicans in seven states who have been skeptics of global warming. Among the political figures the group plans to target is Florida Gov. Rick Scott and former Massachusetts Sen. Scott Brown, who hopes to win a Senate seat from New Hampshire.

The group plans to spend at least $100 million – half of it Steyer’s money, the rest raised from other environmentalists – on campaigns that will include micro-targeting voters, branding climate skeptics as deniers of basic science and highlighting the hardships climate change is already causing.

In other words, he's putting real faces and consequences to the catastrophes caused by climate change. He's humanizing it. He's offering concrete examples of actual living, breathing people being devastated by something tangible, something that the GOP is mocking (House Science Committee Hard At Work: More Hearings on Aliens Than Climate Change). Something many of us don't find very amusing.

Next, check this out. Some crops provide less nutrition than they used to, per a new report, and guess what's behind that:

Research indicates that higher carbon dioxide levels in the atmosphere have reduced the protein content in wheat, for example. And the International Rice Research Institute has warned that the quality of rice available to consumers will decrease as temperatures rise, the report noted. [...]

Scientists already have been investigating breeds of chicken and cattle that can thrive in triple-digit temperatures, grapes that are resilient to heat fungi and crops that won't whither as temperatures rise.

Anyone else find this disturbing?

We are already feeling and seeing the effects of our negligence in caring for our environment, both economically and physically. At this rate it will take a miracle to compensate for our recklessness. We can start with:

solar freakin' roadways climate change miracle 2



Elizabeth Warren's "growing clout could shift the caucus to the left"


clout elizabeth warren

The Hill has a post about Senator Elizabeth Warren's "growing clout" that should make many a Progressive smile and nod. It may even send a thrill up some Democratic legs. Clout coming from the left can do that.

Sen. Elizabeth Warren (D-Mass.) has emerged as one of the top fundraisers for Senate Democratic candidates in the midterm election campaign, filling a void left by the absence of Hillary Clinton.

Warren, who was elected to her first term in 2012, has already raised more than $2.3 million for Senate Democratic candidates this election cycle, according to her staff. She has also transferred $100,000 from her campaign account to the Democratic Senatorial Campaign Committee (DSCC).

She’s the biggest draw so far,” said a Senate Democratic campaign aide, referring to Warren’s knack for getting donors to open up their checkbooks.

Lets hope a few of the donors she appeals to have checkbooks the size of the Koch brothers'.

The article goes on about how, when it comes to fundraising, Hillary Clinton is "staying on the sidelines" these days, but Senator Clout is stepping up in a big way, which only "accentuates her influence." This is great news, because Dems badly need to keep the majority in the Senate, and that is exactly what Senator Warren aims to do.

Pretty impressive for a freshman, says The Hill. Even more impressive is her appeal to women voters, who overwhelmingly vote for Democrats.

But this was my favorite sentence in the entire piece:

Democratic strategists and political experts say Warren’s growing clout could shift the caucus to the left, especially on economic and financial regulatory issues.

We need 100 more Elizabeth Warrens.