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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (607490)4/13/2011 12:28:18 PM
From: tejek  Read Replies (3) | Respond to of 1580154
 
This is what corporations and free markets have wrought in this country. It might not be so bad if Detroit were the only example but Detroit is just the worst of many. I don't know of any other civilization where whole cities were thrown on the proverbial garbage dump like we are doing in this country.

I don't want you to respond....just read the article. And understand that your ideology has played a contributing role in the demise of this once great city. And yes, there were other contributing factors like racism but capitalism and free markets played a big role.

Food Among the Ruins

by Mark Dowie, August 2009

Detroit, the country’s most depressed metropolis, has zero produce-carrying grocery chains. It also has open land, fertile soil, ample water, and the ingredients to reinvent itself from Motor City to urban farm. Mark Dowie’s immodest proposal...

Were I an aspiring farmer in search of fertile land to buy and plow, I would seriously consider moving to Detroit. There is open land, fertile soil, ample water, willing labor, and a desperate demand for decent food. And there is plenty of community will behind the idea of turning the capital of American industry into an agrarian paradise. In fact, of all the cities in the world, Detroit may be best positioned to become the world’s first one hundred percent food self-sufficient city.

Right now, Detroit is as close as any city in America to becoming a food desert, not just another metropolis like Chicago, Philadelphia, or Cleveland with a bunch of small- and medium-sized food deserts scattered about, but nearly a full-scale, citywide food desert. (A food desert is defined by those who study them as a locality from which healthy food is more than twice as far away as unhealthy food, or where the distance to a bag of potato chips is half the distance to a head of lettuce.) About 80 percent of the residents of Detroit buy their food at the one thousand convenience stores, party stores, liquor stores, and gas stations in the city. There is such a dire shortage of protein in the city that Glemie Dean Beasley, a seventy-year-old retired truck driver, is able to augment his Social Security by selling raccoon carcasses (twelve dollars a piece, serves a family of four) from animals he has treed and shot at undisclosed hunting grounds around the city. Pelts are ten dollars each. Pheasants are also abundant in the city and are occasionally harvested for dinner.

Detroiters who live close enough to suburban borders to find nearby groceries carrying fresh fruit, meat, and vegetables are a small minority of the population. The health consequences of food deserts are obvious and dire. Diabetes, heart failure, hypertension, and obesity are chronic in Detroit, and life expectancy is measurably lower than in any American city.

Not so long ago, there were five produce-carrying grocery chains—Kroger, A&P, Farmer Jack, Wrigley, and Meijer—competing vigorously for the Detroit food market. Today there are none. Nor is there a single WalMart or Costco in the city. Specialty grocer Trader Joe’s just turned down an attractive offer to open an outlet in relatively safe and prosperous midtown Detroit; a rapidly declining population of chronically poor consumers is not what any retailer is after. High employee turnover, loss from theft, and cost of security are also cited by chains as reasons to leave or avoid Detroit. So it is unlikely grocers will ever return, despite the tireless flirtations of City Hall, the Chamber of Commerce, and the Michigan Food and Beverage Association. There is a fabulous once-a-week market, the largest of its kind in the country, on the east side that offers a wide array of fresh meat, eggs, fruit, and vegetables. But most people I saw there on an early April Saturday arrived in well polished SUVs from the suburbs. So despite the Eastern Market, in-city Detroiters are still left with the challenge of finding new ways to feed themselves a healthy meal.

read more.........

guernicamag.com



To: TimF who wrote (607490)4/13/2011 12:35:04 PM
From: tejek  Read Replies (3) | Respond to of 1580154
 
Any sound fiscal policy must reverse the Bush tax cuts

by Mark Sumner



As President Obama prepares to address the nation on ways in which we can reduce the deficit, there's one thing that's absolutely obvious: the deficit has not been driven by programs for the poor, instead the budget exploded due to staggering handouts to the extremely rich. Even a cursory examination of the deficit makes it clear that the drivers of the debt from 2011 on are the cost of the wars in Iraq and Afghanistan, the economic downturn, and the Bush tax cuts.

Of these factors, the economic instability that brought on inevitable job destruction was already a fait accompli well before Obama took office. The nation was already running a record deficit, already experiencing economic chaos, already seeing the greatest disparity of wealth in almost a century, already stagggering under the reckless economic policy of the Bush years.

Whoever won the presidency in 2008 was going to face a grim fiscal situation, a fact already well known as the presidential campaign got underway. ... Using CBO’s August 2008 projections as a benchmark, we calculate that the changed economic outlook accounts for over $400 billion of the deficit each year in 2009 through 2011 and slightly smaller amounts in subsequent years.
The lingering costs of the Bush bust will be with us for some time to come, but prudent policy (with, let's hope, direct investment in the creation of jobs) can reduce that cost significantly.
On the military issue, President Obama was saddled with two ongoing, expensive conflicts. He may not have acted as swiftly as some of us would hope, but he has moved to reduce the nature and scope of US deployment. Like the Bush bust, the Bush wars will continue to cost us in both blood and dollars, but we can expect a reduction in both.

However, there is one factor in the deficit that will only grow bigger with time. The Bush era tax cuts will soon be the biggest single factor in the decit, and within a few years they will dominate all other factors.

Some commentators blame recent legislation — the stimulus bill and the financial rescues — for today’s record deficits. Yet those costs pale next to other policies enacted since 2001 that have swollen the deficit. ... Just two policies dating from the Bush Administration — tax cuts and the wars in Iraq and Afghanistan — accounted for over $500 billion of the deficit in 2009 and will account for almost $7 trillion in deficits in 2009 through 2019.
The stimulus funding is already greatly reduced, the bailouts are behind us. No matter how many times fingers are wagged at the size of Social Security, it is not driving the deficit.
The real driver of the deficit—the reason the ink was red well before President Obama took office—is the neo-gilded-age economic policies of Bush. Too much of which is sadly still with us. Not only are billionaires already piling up ever larger heaps of cash under the shelter of the Bush cuts, the deregulation that drove the economy into instability only accelerated the disparity in wealth. Bailed-out Wall Street is again handing out record bonuses, while Main Street is dealing with the effects of budget cuts. The cost of belt-tightening is being borne by the poor and middle class, while the ultra-wealthy increase their dominance.

The nation had a record surplus in 2000. What's happened since then is not an increase in social programs, EPA funding, or any of the other things on the chopping block in the current budget deal. What's happened is a massive funneling of cash to the top. Unless that's reversed, it will be impossible to staunch the flow of red ink.

Any serious fiscal policy will be one that, at a minimum, rolls back the Bush cuts. Any policy that hopes to put the nation on the road to long-term stability must look to repair the damage that's been done by four decades of fruitless handouts to the wealthy.

dailykos.com



To: TimF who wrote (607490)4/13/2011 2:04:40 PM
From: tejek  Read Replies (3) | Respond to of 1580154
 
Here we go again.

Ky. gov inks deal with India firm for new plant

3 minutes ago

By ROGER ALFORD
Associated Press

(AP:FRANKFORT, Ky.) After a speedy trip to India, Kentucky Gov. Steve Beshear said Wednesday that he has inked a deal with a New Delhi company that will build a $150 million factory in Elizabethtown that could employ up to 250 people within three years.

Beshear said Uflex Ltd., which manufactures flexible packaging materials, will receive state tax incentives, which the Kentucky Economic Development Finance Authority tentatively approved Wednesday morning.

Plans are to build the plant in two phases, the first of which could be operating by late next year, creating an initial 125 jobs that pay roughly $16 an hour, according to the plan submitted to the state.


"It's obviously important in and of itself because it will have a great economic impact on Kentucky, but the additional importance of this is the fact that locating a company like this in Kentucky, we think, will open up the gates for more Indian companies to locate in Kentucky," Beshear told reporters Wednesday morning.

Beshear and Economic Development Secretary Larry Hayes flew to India Saturday, and were on the ground there for a day and half before the return flight that arrived back to Kentucky on Tuesday.

It was the governor's second trip to India. He led a delegation to India last fall, visiting New Delhi and Mumbai at the invitation of NASSCOM, a nonprofit organization that facilitates business and trade in software and services.

India is one of the fastest growing economies in the world and is a leading trade and economic partner for the United States. Kentucky's exports to India have grown more than 252 percent to $96.5 million since 2004.

Beshear said Uflex has been "very impressed" with Kentucky.

"They're going to be great salesmen for us with other Indian companies that are looking to do business in the United States," he said.

Uflex had announced last month that was planning to build a facility in the United States, adding to existing locations in India, Egypt, Dubai, Poland and Mexico.

With an unemployment rate now at about 10 percent, Beshear has been pressing to recruit new industries and to help existing Kentucky companies to expand, usually with tax incentives.

Beshear is scheduled to hold a Wednesday afternoon press conference in Elizabethtown with Uflex representatives to discuss the proposed plant and the incentive package valued at up to $20 million over the next decade.

"They're all performance-based incentives," he said. "They only get tax incentives as they perform, as they make their investment, and as they create the jobs," he said.

Copyright 2011 The Associated Press.