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Kamala Harris tells America it is time to build an Opportunity Economy
08/17/2024
Creating opportunities for all and taking action on the Cost of Living concerns of ordinary Americans was the theme for Kamal Harris rally in North Carolina with president Biden. There she set out her economic plan to limit grocery costs, cut housing costs and cut pharmaceuticals costs, address child care, and pave the way for an Opportunity Economy, A New America Way Forward.
Linked Articles
Remarks by Vice President Harris at a Campaign Event in Raleigh, NC | The White House
The White House 08/17/2024
Harris vows to build ‘opportunity economy’ and attacks Trump on taxThe Guardian 08/16/2024
Motherhood penalty putting hundreds of thousands of mothers out of work- how childcare is failing America's and Britain's children
11/07/2023
President Biden has asked Congress for $18 billion to stabilize the childcare system in the US- without it more childcare places are closing and women are put out of work in a form of motherhood penalty. The Republican controlled Congress is not responding. This is the kind of infrastructure for children that is crucial for America and America's children, for the beginning years of education that determine its future and for the health wellbeing of mothers.
Linked Articles
Opinion | What happened to this Wisconsin day care should concern us all
Washington Post 11/07/2023
Motherhood penalty ‘has driven 250,000 women out of jobs’The Guardian 11/05/2023
Softbank the epitome of massively distorted capital markets even as healthcare, childcare, manufacturing technolgies, infrastructure suffered severe lack of funding
08/08/2022
How Softbank became the epitome and poster child for the distorted capital markets of today is shown here in the WSJ. It is a sad story of how America and Europe failed to invest in its people with egregious harm to 900 million people as healthcare, childcare, manufacturing technologies and infrastructure were neglected.
Linked Articles
WSJ 08/08/2022
SoftBank Reports Record $23 Billion Quarterly Loss as Tech Downturn HitsWSJ 08/08/2022
Paolo Rossi and World Cup Soccer 1982 - 6 goals, one hattrick against Brazil, heard around the world
12/10/2020
Linked Articles
Farewell Paolo Rossi – you broke my heart in 1982 and taught me a vital lesson
The Times 12/10/2020
Paolo Rossi, Italian football great and World Cup winner, dies aged 64The Guardian 12/10/2020
Brazil's Amazon rainforest and the threat from deforestation, fires
09/09/2019
Linked Articles
‘I Thought the World Was Ending’: What’s Fueling the Amazon Rainforest Fires
WSJ 08/31/2019
Why Brazilian farmers are burning the rainforest — and why it’s difficult for Bolsonaro to stop themWashington Post 09/04/2019
Brazil's 2016 Summer Olympics- indifference and anger of ordinary Brazilians that the $12 billion was not invested in improving public services, infrastructure, healthcare and education
08/04/2016
Linked Articles
A Chastened Brazil Welcomes Its Summer Games
WSJ 08/04/2016
Brazil’s Other Olympic Spirits: Anger, Anxiety and IndifferenceThe New York Times 08/04/2016
Brazil's economic and political crisis in 2016 following corruption scandals, the collapse of commodity prices, and a budget deficit of 10.8%
04/19/2016
Linked Articles
Dilma Rousseff looks increasingly likely to be impeached
Economist 04/19/2016
Impeachment Won’t Save BrazilWall Street Journal 04/19/2016
Ban on election advertising on commercial television and radio in Britain and strict limits of $29.5 million for each party in general elections- contrast with the U.S.
05/02/2015
Britain disproves the popular belief that an ever upward trajectory for election spending is inevitable. The 2010 general election in Britain cost half that of the 1880 general election in 2002 prices, say researchers. In the U.S. spending has increased to the point where candidates may be spending more time fund raising than talking about the issues. The 2016 presidential election in the U.S. is estimated to lead to $10 billion in spending. India, Brazil, and other developing countries face a similar situation.
Linked Articles
Britain’s Campaign Finance Laws Leave Parties With Idle Money
New York Times 05/04/2015
F.E.C. Can’t Curb 2016 Election Abuse, Commission Chief SaysNew York Times 05/02/2015
Brazil's debt crisis and economic slump in 2015-2016
04/03/2015
Linked Articles
Brazil’s coming recession: The crash of a titan
Economist 04/05/2015
Teetering on Junk, Petrobras Intrigues High-Yield InvestorsWall Street Journal 04/03/2015
Popular discontent with hosting the World Cup and Olympics in Brazil- construction issues and lack of improvement in infrastructure and services
05/26/2014
Linked Articles
Hope Fades in Brazil for a World Cup Economic Boost
Wall Street Journal 05/28/2014
Brazil Is Tired of Being ScoldedNew York Times 05/26/2014
Pressure on U.S. for bond buying cutbacks from India and Brazil at G-20 in Sydney, Australia, and U.S. finance officials Sheets and Sobel
02/14/2014
Sheets at Treasury and Sobel at IMF are U.S. finance officials faced with the task of addressing concerns of India and Brazil on cutbacks in bond buying, lack of progress on IMF changes.
Linked Articles
U.S. to Face G-20 Pressure Over Bond-Buying Cutbacks
Wall Street Journal 02/21/2014
Obama Moves to Fill International Economics PostsWall Street Journal 02/14/2014
Faces of workers quitting work or reducing hours as they qualify for subsidies on health insurance under the Obama Healthcare Law
02/05/2014
Faces of the workers taking subsidies available to lower income workers under the Obama Health Care Law. The Congressional Budget Office projections for 2021 show about the equivalent of 2.3 million workers worth of hours reduced as a result of the healthcare law subsidies giving workers more choice. Many use the time to work on startup business or child care for grandchildren. The jobs freed up and the hours could be taken up by other workers looking for jobs. Gains in childcare would be another result.
Linked Articles
Health Law To Cut Into Labor Force
Wall Street Journal 02/05/2014
They quit their jobs, thanks to the health law - The Washington PostWashington Post 02/09/2014
A black law student at the University of Brasilia, a Harvard trained law graduate in Curitiba, and others changing Brazil's legal system
08/23/2013
Barbosa is one of eight children of a bricklayer in Minas Gerais, now Chief Justice in Brasilia. Dallagnol is a Harvard trained graduate who is working with other prosecutors in Curitiba, a provincial city, investigating corruption and money laundering in Petrobras.
Linked Articles
How Brazil’s ‘Nine Horsemen’ Cracked a Bribery Scandal
Wall Street Journal 04/07/2015
A Blunt Chief Justice Unafraid to Upset Brazilâs Status QuoNew York Times 08/23/2013
"Pay their fair share of taxes" Biden asks of corporations showing 2017 predecessor tax cuts did not increase investment and added $100 billion yearly to the US Deficit
03/08/2024
By paying their fair share of taxes Biden says in State of Union speech to US Congress 2024 one can increase investment in education, affordable childcare and better living for seniors in their homes, and still cut the deficit by hundreds of billions of dollars. What is fair share? Certainly not zero percent that 55 of the largest corporations paid on $40 billion in profits in 2020, and corporate minimum tax was introduced at levels of 15% for which most ordinary Americans are not eligible for. And certainly not 8.2% that Biden said was being paid by 1000 billionaires in the US. Not a single penny more is being asked of hard working Americans earning less than $400,000 a year. Biden said he wanted to see the corporate minimum tax at 21% not 15%, and the top corporate tax rate set at 28% not the 21% that it was reduced to in 2017 from 35%. In short his predecessor turned to help companies and billionaires profit from the popular distress of the shipping of jobs overseas and the 2009 financial crisis caused by Bank executives without investing the nation's capital resources in manufacturing at home in scale to match and exceed China's. And at the same time neglecting to do anything about the concerns of the people for ease of living- affordable access to childcare, preschool education, education, health care to match Europe/China/India in quality and cost, and aging transportation infrastructure of airports, subways, roads and bridges. The savings when this is done properly go to cut the deficit by over 4 trillion dollars and keep America as the leader of all G-20 economies.
Linked Articles
Biden Draws Sharp Contrast With Trump in State of the Union
WSJ 03/07/2024
Biden Pushes More Corporate-Tax Hikes to Draw Contrast With TrumpWSJ 03/07/2024
The destruction of the Gran Chaco in Brazil and Argentina and the Glasgow Conference decision on ending deforestation by 2030
05/17/2023
If the decision to end deforestation by 2030 is to be taken seriously what happens to the Gran Chaco in Argentina and Brazil is a matter of importance. One third of global emissions are absorbed by forests that act as a giant carbon sink.
Linked Articles
COP26: World leaders promise to end deforestation by 2030
BBC News 11/02/2021
The destroyed forests of the Gran Chaco – DW – 05/16/2023dw.com Supported by Lyrarc's Climate Change Action 05/17/2023
Deforestation- is the pledge at COP26 Glasgow a bit too late for Indonesian rainforest?
11/02/2021
This is one of the amazing links in Lyrarc because it shows WSJ article from 2007 noted by Lyrarc that year, showing UN maps on deforestation in Borneo island in Indonesia for 2000, 2005, 2020. By 2020 most of the rainforest is shown as gone. Deforestation and climate ecologist Clare Rewcastle Brown, sister in law of former British prime minister Gordon Brown, from Britain, recalls colonial days in Sarawak, north Borneo Island, where her father was a police officer. And how much of the canopy of forest from that part of Malaysia was disappearing. She continued her protests from outside Malaysia in 2013 as reported by NYT and noted in Lyrarc that year. This is an amazing story of how deforestation of some of the last rain forests in the world took place at a time when awareness of climate change was sorely lacking in 2007-2013, and how by 2020 the rain forests in Borneo may have already disappeared from planet earth to combat climate change. One woman's fight and a fight that is still on after world leaders took a pledge to end deforestation on the planet by 2030 including Russia, Brazil, Indonesia, China, and the US, and a UN report that had the foresight to show a rainforest disappearing in 2007 in Tom Wright's WSJ report from Surabaya, Indonesia the same year.
Linked Articles
WSJ 07/03/2007
Barred From Malaysia, but Still Connecting With Critical JabsNew York Times 08/16/2013
Trump joins Bolsonaro of Brazil and Boris Johnson of Britain as leaders with coronavirus
10/03/2020
Linked Articles
Trump transferred to Walter Reed hospital after Covid-19 diagnosis
France 24 10/03/2020
Brazilian president Jair Bolsonaro tests positive for coronavirusThe Guardian 07/07/2020
Lessons for India, Mexico and China from the failures in Brazil
04/03/2018
Linked Articles
These Developing Countries Are Getting Old Before They Get Rich, with Dire Consequences
WSJ 04/02/2018
Yellow Fever Circles Brazil’s Huge CitiesThe New York Times 03/05/2018
Public focus on good governance, corruption and the rule of law- the situation in Mexico and Brazil in 2016
06/10/2016
The Worker's Party in Brazil and the PRI have seen a sharp decline in popularity by 2016 with public discontent over governance, corruption and the rule of law.
Linked Articles
Mexico’s Ruling Party Loses Gubernatorial Races in Several States
WSJ 06/10/2016
Brazil Workers’ Party, Leaders ‘Intoxicated by Power,’ Falls From GraceNew York Times 05/12/2016
Norway parliament's decision to divest holdings in companies 30% dependent on coal opens up debate on coal- (3) Coal India and the 1 billion ton target for 2020
05/14/2015
With about 300 million people without electricity, and India lagging behind Brazil and Indonesia in the percentage of population lacking electricity, the goal is to modernize the coal industry and increase production. This shows the different tradeoffs in less developed countries such as India, which face a completely different set of tradeoffs, and are moving in the opposite direction out of necessity. China is just entering a period after rapid modernization where the discussion about the tradeoffs is shifting, whereas India remains in a very different phase.
Linked Articles
Norway Will Divest From Coal in Push Against Climate Change
New York Times 06/05/2015
Indian Prime Minister Prods Coal MonopolyWall Street Journal 05/14/2015
"Operation Car Wash"- Petrobras, construction firms Odebrecht SA, Andrade Gutierrez, the Workers Party, and young prosecutors in Curitiba, Brazil
04/07/2015
Linked Articles
Brazil Arrests the Heads of Construction Giants in Graft Probe
Wall Street Journal 06/19/2015
How Brazil’s ‘Nine Horsemen’ Cracked a Bribery ScandalWall Street Journal 04/07/2015
Dangers of credit fueled bubble in China- 2015-2016
10/17/2014
Bob Davis of WSJ sees the end of China's economic miracle in 2015-2016. He is pessimistic about the future. The Economist cites estimates of debt to GDP reaching 250%, and the IMF warns of the dangers of credit fueled growth citing examples of Ireland, Spain, Brazil and Sweden.
Linked Articles
The End of China’s Economic Miracle?
Wall Street Journal 11/24/2014
Chinese debt: The great hole of ChinaEconomist 10/17/2014
IMF reforms increasing the role of China, India, S. Korea, Brazil, Mexico and Turkey in governance- the IMF position and the position in the U.S. Congress
03/25/2014
Linked Articles
Wall Street Journal 03/26/2014
Congress Can Help the U.S. By Reforming The IMFWall Street Journal 03/25/2014
Lagarde on IMF reforms to give more voting power to China, S. Korea, Brazil, Mexico, India and Turkey, and the U.S. position
02/14/2014
Linked Articles
Congress Can Help the U.S. By Reforming The IMF
Wall Street Journal 03/25/2014
Obama Moves to Fill International Economics PostsWall Street Journal 02/14/2014
Russia as emerging market (1) - declining currency and stagflation
01/17/2014
Declining growth characterizes all emerging markets. High reserves in Russia and Brazil separate the two countries from Argentina and Turkey where foreign exchange reserves are insufficient to prevent sharp declines in the currrency. Russia also has a low budget deficit. The foreign investment climate in Russia and India has deteriorated reducing capital inflows for modernizing the economy in India and diversifying the economy in Russia.
Linked Articles
Red Alert on Russia Is Premature
Wall Street Journal 02/03/2014
Russia Is Facing Stagflation, Central Banker SaysWall Street Journal 01/17/2014
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