{"id":22031,"date":"2018-09-16T00:12:58","date_gmt":"2018-09-16T08:12:58","guid":{"rendered":"http:\/\/www.richgibson.com\/blog\/?p=22031"},"modified":"2018-09-16T20:08:11","modified_gmt":"2018-09-17T04:08:11","slug":"rouge-forum-dispatch-mephistopheles-on-the-march","status":"publish","type":"post","link":"https:\/\/www.richgibson.com\/blog\/rouge-forum-dispatch-mephistopheles-on-the-march\/","title":{"rendered":"Rouge Forum Dispatch: Mephistopheles on the March!"},"content":{"rendered":"<p><span style=\"color: #0000ff;\"><strong>We Say Fight Back!<\/strong><\/span><\/p>\n<p><img decoding=\"async\" class=\"spotlight\" src=\"https:\/\/scontent.fsan1-1.fna.fbcdn.net\/v\/t1.0-9\/41427747_10212549632512659_2071755540551172096_n.jpg?_nc_cat=0&amp;oh=32803d9ed83883c5a7183713c47d8b39&amp;oe=5C2DB2B8\" alt=\"No automatic alt text available.\" aria-busy=\"true\" \/><\/p>\n<h1 style=\"text-align: center;\"><span style=\"color: #ff0000;\"><em><strong>Job Action Guidelines<\/strong><\/em><\/span><\/h1>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"irc_mi aligncenter\" src=\"https:\/\/i.pinimg.com\/originals\/58\/40\/28\/5840284dfa1cd35026d891a602c4dfa3.jpg\" alt=\"Image result for on strike shut it down\" width=\"212\" height=\"353\" \/><\/p>\n<h2>by Rich Gibson<\/h2>\n<p>The strike is any worker&#8217;s most potent weapon. Short of guerilla warfare or revolution, the general strike is the highest form of open resistance. School workers strikes are especially effective because they immediately ruin the baby-sitting role schools play. Hence, a strike denies surrounding companies the full attention of their work force. Over time, strikes begin to expose the nature of school itself, an institution designed forthe most part not to serve the mass of people but only a tiny minority of the citizens. Even so, school can be a weapon for equality and democracy.<\/p>\n<p>In the best of world&#8217;s, thorough strike preparations are frequently enough to be the justification for bargaining victories. Ours, more and more, is a defective universe. Preparations may well be not enough. Our preparations should be real, not sham. The employer should never be given reason to believe that they face a bluff.<\/p>\n<p>A strike is a battle of will. But we should minimize the sacrifice the rank and file must make. A thoroughly prepared strike can draw a local and its community much closer together. But a poorly prepared strike, even if it wins on paper, can cause divisions that take a long time to heal.<\/p>\n<p>The key components of strike readiness are:<\/p>\n<p>A. Membership and Public Preparation<\/p>\n<p>B. Legal Preparation<\/p>\n<p>C. Financial and Materials Preparation<\/p>\n<p>D. Communications, Planning&#8211;Strategy and Tactics<\/p>\n<p>Lets take these one at a time. (Obviously, written years ago and updated in the late nineties. Still holds up as ok) <a href=\"http:\/\/richgibson.com\/JOBACTIO.html\" class=\"autohyperlink\" target=\"_blank\">richgibson.com\/JOBACTIO.html<\/a><\/p>\n<h1 class=\"headline\">District files injunction, parents picket against teachers in Battle Ground \u2018holding their kids hostage\u2019 (set up Strike Freedom Schools to offset babysitting role)<\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/bloximages.newyork1.vip.townnews.com\/kptv.com\/content\/tncms\/assets\/v3\/editorial\/5\/16\/51617470-b7da-11e8-af5b-776f24bd9cd0\/5b9b3fea7c4c5.image.jpg?resize=1200%2C675\" alt=\"Parents strike, Battle Ground School District files injunction to force teachers back to class\" \/><\/p>\n<p>BATTLE GROUND, WA (KPTV) &#8211; Teachers in Battle Ground continue to push for higher wages as other students across southwest Washington return to school. The district is the last in southwest Washington where teachers are still on strike.<\/p>\n<p>Parents ready for the strike to end Thursday picketed near Battle Ground High School in protest as tens of thousands of students missed their twelfth day of class.<\/p>\n<p>Parents and a few students Thursday afternoon filled a busy intersection on Main Street, hoisting signs in the air that say they\u2019re \u201cagainst this strike\u201d that is \u201cholding their kids hostage\u201d.<\/p>\n<p>Some parents said they are struggling because their kids don\u2019t have childcare, and others say the strike is illegal.<\/p>\n<p>\u201cFrustration is building on both sides,\u201d Tyler Long, the organizer of the demonstration Thursday, said.<\/p>\n<p>The demonstration comes as the school board files an injunction in an attempt to force teacher back to class\u2013a legal action Long says he is proud of.\u00a0 <a href=\"https:\/\/www.kptv.com\/news\/district-files-injunction-parents-picket-against-teachers-in-battle-ground\/article_f7735186-b7d9-11e8-8e47-d30264ffbd94.html\" class=\"autohyperlink\" target=\"_blank\">www.kptv.com\/news\/district-files-injunction-parents-picket-against-teachers-in-battle-ground\/article_f7735186-b7d9-11e8-8e47-d30264ffbd94.html<\/a><\/p>\n<h3 class=\"title\" style=\"text-align: center;\">Tumwater district says school will start Friday, after teachers vote to keep striking: No SCABBING!<\/h3>\n<p><img decoding=\"async\" title=\"Tumwater teachers gather outside the Thurston County Courthouse on Wednesday, Sept.12, 2018, following a ruling by Superior Court judge Chris Lanese to end the teachers strike.\" src=\"https:\/\/www.theolympian.com\/latest-news\/ybgt6o\/picture218272335\/alternates\/FREE_640\/01TeachersSad\" alt=\"Tumwater teachers gather outside the Thurston County Courthouse on Wednesday, Sept.12, 2018, following a ruling by Superior Court judge Chris Lanese to end the teachers strike.\" data-preload=\"\/\/www.theolympian.com\/latest-news\/ybgt6o\/picture218272335\/alternates\/FREE_640\/01TeachersSad\" \/><\/p>\n<p>Hours after a Thurston County Superior Court Judge told striking Tumwater teachers to go back to work, the teachers voted to stay on the picket line.<\/p>\n<p>In response, Tumwater School District officials issued notice that teachers should report to work Thursday, and students should expect to begin classes on Friday.<\/p>\n<p>\u201cWhile there is nothing we\u2019d like more than to end this strike and be back where we are most comfortable, after a lot of individual reflection and group discussion, we\u2019re not giving up on our students, our community and ourselves,\u201d Tumwater Education Association President Tim Voie said in a news release Wednesday afternoon.<\/p>\n<div>\n<p>\u201cWe will go back to school when the district is ready to give us a fair and reasonable contract that will attract and retain great teachers and keep our students safe,\u201d he said.<\/p>\n<div>\n<p>Teachers said they do not want to defy the judge\u2019s injunction, according to the release, but added \u201cthey have little other choice since the district is bent on settling this in court rather than at the bargaining table where they are refusing to budge.\u201cWe will be back on the picket lines tomorrow (Thursday) and the day after and so on until our bargaining team tells us they have reached a fair and reasonable agreement,\u201d Voie said.<\/p>\n<p>Meanwhile, the district notified the union Wednesday that the first scheduled work day for teachers is Thursday and the first scheduled day for students is Friday.<\/p>\n<p>\u201cIf the teachers do not report to work, the district will be forced to take the necessary steps the judge outlined in court to seek relief,\u201d the district said in a news release&#8230;.Read more here: <a href=\"https:\/\/www.theolympian.com\/news\/local\/education\/article218199305.html#storylink=cpy\" class=\"autohyperlink\" target=\"_blank\">www.theolympian.com\/news\/local\/education\/article218199305.html#storylink=cpy<\/a><\/p>\n<h1 style=\"text-align: center;\">Tacoma teachers reject latest contract, prepare to rally for higher pay<\/h1>\n<p>Wednesday, September 12th 2018<\/p>\n<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"irc_mi aligncenter\" src=\"https:\/\/static.seattletimes.com\/wp-content\/uploads\/2018\/09\/09102018_Tacoma-teachers-strike_134452-780x496.jpg\" alt=\"Image result for tacoma teachers strike\" width=\"304\" height=\"193\" \/><\/div>\n<\/div>\n<p>TACOMA, Wash. &#8212; The Tacoma School District is inviting office staff and paraeducators to cross the picket line for extra pay, even though there won&#8217;t be any kids in schools.<\/p>\n<p>The teachers union calls it a strikebreaking tactic and is urging those classified employees to honor the strike. This comes as teachers reject the latest contract offered by the district.<\/p>\n<p>&#8220;Our proposal represents a 12.45 percent increase in teacher salaries,&#8221; said Dan Voelpel at a news conference Wednesday morning. &#8220;That&#8217;s up from 3.1 percent this time last week when the teachers voted to strike. The district says more than $18 million is going to teacher pay.<\/p>\n<p>The district is asking the union to put this new proposal to a vote.<\/p>\n<div class=\"sd-news-social-placeholder\">\n<div class=\"sd-news-social-container\">\n<p>While that was going on, striking teachers at a giant rally were yelling from the street below.<\/p>\n<p>&#8220;Tacoma Public Schools hear our call, your best offer is way too small.&#8221;\u00a0 <a href=\"https:\/\/komonews.com\/news\/local\/tacoma-teachers-reject-latest-contract-prepare-to-rally-for-higher-pay\" class=\"autohyperlink\" target=\"_blank\">komonews.com\/news\/local\/tacoma-teachers-reject-latest-contract-prepare-to-rally-for-higher-pay<\/a><\/p>\n<h1 class=\"hero-heading flex-media-heading heading-larger heading-largest-for-medium-up text-tighter block-normal\" style=\"text-align: center;\">Teachers in East Stroudsburg PA Area District Strike<\/h1>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"irc_mi aligncenter\" src=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2017\/10\/I-dont-want-to-strike-but.gif\" alt=\"Image result for teacher i don't want to strike but I will\" width=\"239\" height=\"353\" \/><\/p>\n<\/div>\n<div class=\"article-body-item ad-in-text-target \">\n<p>\u2014 Teachers in an eastern <a href=\"https:\/\/www.usnews.com\/news\/best-states\/pennsylvania\">Pennsylvania<\/a> school district have gone on strike.<\/p>\n<\/div>\n<div class=\"article-body-item ad-in-text-target \">\n<p>Picket lines were set up Monday outside schools in the East Stroudsburg Area School District, where classes had been canceled earlier until further notice.<\/p>\n<\/div>\n<div class=\"article-body-item ad-in-text-target \">\n<p>The school board criticized the looming strike last week, saying it would accomplish nothing and &#8220;will only hurt the students and their families.&#8221;<\/p>\n<\/div>\n<div class=\"article-body-item ad-in-text-target \">\n<p>The East Stroudsburg Education Association accused the board of taking a hard stance, saying the teachers had &#8220;put forth multiple proposals that are fair and affordable.&#8221;<\/p>\n<\/div>\n<div class=\"article-body-item ad-in-text-target \">\n<p>Teachers have been working without a contract for two years, and the two sides remain apart on health care and salary issues.<\/p>\n<p>Below, Evergreen Teachers Association, San Jose<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.facebook.com\/etanews\/videos\/2140199049639976\/?t=11\" class=\"autohyperlink\" target=\"_blank\">www.facebook.com\/etanews\/videos\/2140199049639976\/?t=11<\/a><\/p>\n<\/div>\n<div class=\"sd-news-story-text\">\n<h1 id=\"articleHeadline\" class=\"p-name\">Nurses file lawsuit against Michigan Medicine, threaten work stoppage<\/h1>\n<\/div>\n<div>\n<h1 id=\"articleHeadline\" class=\"p-name\"><img decoding=\"async\" id=\"gallerybe843dc877217_image0\" class=\"\" src=\"https:\/\/expo.advance.net\/img\/824c257e6a\/width960\/7ac_web_nursesmarch011.jpeg\" alt=\"\" data-original=\"https:\/\/expo.advance.net\/img\/824c257e6a\/width960\/7ac_web_nursesmarch011.jpeg\" data-position=\"gallery-photo\" \/><\/h1>\n<\/div>\n<div>\n<p>Nurses from the University of Michigan Professional Nurses Council are voting this week to consider a work stoppage in protest to what they say are &#8220;unfair labor practices&#8221; at UM hospitals, clinics and other health care facilities.<\/p>\n<p>The UMPC believes the university is breaking both state and federal law by repeatedly violating the workplace rights of employees, provoking the union to take legal action before the Michigan Employment Relations Commission and in federal court.<\/p>\n<p>Voting to consider authorizing a work stoppage in protest of unfair labor practices, which began on Monday, will continue through Sunday, Sept. 16.<\/p>\n<p>If there are enough votes to legally declare a work stoppage, and the union wishes to proceed with a strike, Michigan Medicine and its members would be given 10 days notice to prepare for any staffing shortages, UMPNC\/Michigan Nurses Association Chairwoman Katie Oppenheim said.\u00a0 <a href=\"https:\/\/www.mlive.com\/news\/ann-arbor\/index.ssf\/2018\/09\/nurses_file_lawsuit_against_mi.html\" class=\"autohyperlink\" target=\"_blank\">www.mlive.com\/news\/ann-arbor\/index.ssf\/2018\/09\/nurses_file_lawsuit_against_mi.html<\/a><\/p>\n<\/div>\n<div><\/div>\n<p><iframe loading=\"lazy\" title=\"Remembering the Other 9\/11: the 1973 Chilean Coup\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/yoKos01-zbI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><em><strong><span class=\"post_date\" title=\"2006-11-28\">November 28, 2006<\/span><\/strong><\/em><\/p>\n<h1 class=\"headline\" style=\"text-align: center;\"><a href=\"https:\/\/www.counterpunch.org\/2006\/11\/28\/the-9-11-conspiracists-and-the-decline-of-the-anmerican-left\/\" rel=\"bookmark\">The 9\/11 Conspiracists and the Decline of the American Left<\/a><\/h1>\n<p><span class=\"post_author_intro\">by<\/span> <span class=\"post_author\"><a href=\"https:\/\/www.counterpunch.org\/author\/cockburn\/\" rel=\"nofollow\">Alexander Cockburn<\/a><\/span><\/p>\n<p>Where was the American left in the campaign that ended in recapture of both houses of Congress by the Democrats on November 7, 2006? Was it in the streets, fomenting opposition to the war in Iraq? Not at all. The antiwar movement has been inert for months. When I was asked to give the keynote speech at a rare antiwar rally in my local town of Eureka, northern California, in early October, three of my five fellow orators didn\u2019t deign to mention the war at all. Instead they numbed the audience and sharply diminished its size with interminable dissections of the 9\/11\/2001 attacks on the World Trade Center towers and the Pentagon. Their aim? To argue that the attacks were an \u201cinside job\u201d, organized by Bush and Cheney or (a frequent variation on the theme) darker powers, for whom Bush and Cheney are the mere errand boys.<\/p>\n<p>Five years after the attacks, 9\/11 conspiracism has now penetrated deep into the American left. It is also widespread on the libertarian and populist right, but that is scarcely surprising, since the American populist right instinctively mistrusts government to a far greater degree than the left, and matches conspiracies to its demon of preference, whether the Internal Revenue Service, the Federal Emergency Management Agency, Black Helicopters or the Jews.<\/p>\n<p>These days a dwindling number of leftists learn their political economy from Marx via the small, mostly Trotskyist groupuscules. Into the theoretical and strategic void has crept a diffuse, peripatic conspiracist view of the world that tends to locate ruling class devilry not in the crises of capital accumulation, or the falling rate of profit, or inter-imperial competition, but in locale (the Bohemian Grove, Bilderberg, Ditchley, Davos) or supposedly \u201crogue\u201d agencies, with the CIA still at the head of the list. The 9\/11 \u201cconspiracy\u201d, or \u201cinside job\u201d, is the Summa of all this foolishness.\u00a0 <a href=\"https:\/\/www.counterpunch.org\/2006\/11\/28\/the-9-11-conspiracists-and-the-decline-of-the-anmerican-left\/\" class=\"autohyperlink\" target=\"_blank\">www.counterpunch.org\/2006\/11\/28\/the-9-11-conspiracists-and-the-decline-of-the-anmerican-left\/<\/a><\/p>\n<h1 class=\"content__headline \" style=\"text-align: center;\">Nightmarch by Alpa Shah \u2013 among India\u2019s Maoist guerrillas<\/h1>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.guim.co.uk\/img\/media\/b0dae8f194ced7e61d1fea885dd26586ec25d678\/0_0_3648_1988\/master\/3648.jpg?width=300&amp;quality=85&amp;auto=format&amp;usm=12&amp;fit=max&amp;s=bf42006a20d0b4fc817cf919a4404be5\" alt=\"A Maoist conference in a forest, from Nightmarch by Alpa Shah.\" \/><\/p>\n<p>Between 2008 and 2010, the\u00a0anthropologist Alpa Shah spent 18 months as a\u00a0participant observer in India\u2019s largely rural state of Jharkhand. She lived among\u00a0<em>adivasis<\/em>, tribal peoples outside the caste system who count among the communities most neglected by the government. Jharkhand is also one of the heartlands of\u00a0<a class=\"u-underline\" title=\"\" href=\"https:\/\/www.theguardian.com\/world\/2010\/may\/28\/maoists-india-naxalite-landless\" data-link-name=\"in body link\">India\u2019s Maoist insurgency<\/a>, a civil war that in 2006 the country\u2019s prime minister identified as the \u201cbiggest internal security threat to the Indian state\u201d. For decades, Indian politicians and commentators have argued about the country\u2019s longstanding Maoist war: are insurgents ideological terrorists fixated on an outdated creed, or are they desperate rebels with a cause, forced to take up guns by state brutality? Dissatisfied by this polarised debate, Shah decided to immerse herself in the communities who live alongside the insurgents, to explore what the rebellion looks like from the grassroots.<\/p>\n<p>This was an exceptional undertaking. The geographic and cultural remoteness of these communities, together with the acute dangers of living in a warzone, mean few outsiders have based themselves there for longer than a few weeks. The lack of careful ethnographic investigation has permitted polemical views of the insurgency to dominate the Indian media. Even more remarkable is the fact that Shah spent her final week in Jharkhand\u2019s forests disguised as a male guerrilla on a 150-mile (240km) trek with a Maoist platoon.\u00a0<em>Nightmarch<\/em>\u00a0\u2013 a\u00a0report of her time with the Maoists and\u00a0<em>adiva<\/em><em>si<\/em>\u00a0civilians they govern \u2013 provides one the most nuanced, informed accounts yet of\u00a0this strange and awful conflict.<\/p>\n<p>The civil war is in some ways a cold war anachronism. India\u2019s contemporary Maoists trace their lineage to the\u00a0<a class=\"u-underline\" title=\"\" href=\"https:\/\/www.theguardian.com\/world\/2016\/jul\/04\/naxalites-india-communism-mao-red-guards-1970-archive\" data-link-name=\"in body link\">Naxalite rebellion<\/a>\u00a0of the late 1960s, which was heavily influenced and encouraged by\u00a0<a class=\"u-underline\" title=\"\" href=\"https:\/\/www.theguardian.com\/world\/2016\/may\/11\/the-cultural-revolution-50-years-on-all-you-need-to-know-about-chinas-political-convulsion\" data-link-name=\"in body link\">Mao\u2019s Cultural Revolution<\/a>. While that earlier conflagration was for the most part extinguished in the early 1970s by a harsh state response, splinters of the original movement fought on. In 2004, several of these fragments reunited within a new political and military organisation: the\u00a0<a class=\"u-underline\" title=\"\" href=\"https:\/\/www.theguardian.com\/business\/2006\/aug\/02\/india.internationalnews\" data-link-name=\"in body link\">Communist Party of India (Maoist) and its People\u2019s Liberation Guerrilla Army<\/a>.\u00a0 <a href=\"https:\/\/www.theguardian.com\/books\/2018\/sep\/12\/nightmarch-alpa-shah-india-maoist-guerrillas-revolutionary-movement\" class=\"autohyperlink\" target=\"_blank\">www.theguardian.com\/books\/2018\/sep\/12\/nightmarch-alpa-shah-india-maoist-guerrillas-revolutionary-movement<\/a><\/p>\n<p><span style=\"color: #0000ff;\"><strong>The Little Red Schoolhouse<\/strong><\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"irc_mi aligncenter\" src=\"https:\/\/www.hauptman-obrien.net\/wp-content\/uploads\/2017\/12\/football-brain-injury-1.jpg\" alt=\"Image result for football brain injury\" width=\"304\" height=\"202\" \/><\/p>\n<h1>It&#8217;s Time to End Football in High School<\/h1>\n<p>More than one million high school students participate in tackle football programs at their schools, during which they each sustain hundreds of violent blows to the head over the course of a season. According to our analysis, the cumulative effect of rattling this many brains this many times is that each year roughly 264,000 high school students suffer traumatic brain injury and cognitive impairment that diminishes their ability to think, learn, and succeed in school. We know this from studies that have correlated the patterns of\u00a0<a href=\"https:\/\/www.ncbi.nlm.nih.gov\/pmc\/articles\/PMC3922228\/\">players&#8217; head blows with traumatic brain injury and cognitive impairment<\/a>, using helmet sensors, functional MRI brain scans, and tests of working memory.<\/p>\n<p>The biomedical engineering professor Thomas Talavage presented these findings on behalf of the Purdue Neurotrauma Group at a White House summit on sports injuries in 2014. He explained that\u00a0<a href=\"https:\/\/www.purdue.edu\/newsroom\/releases\/2014\/q2\/purdue-expert-at-white-house-sports-summit-subconcussive-blows-damage-kids-brains.html\">concussed and non-concussed players alike demonstrate decreased activity in the portions of the brain most vulnerable to impact<\/a>\u00a0and have greater difficulty with basic cognitive tasks over the course of a single high school season. About half of the linemen studied and one-quarter of players overall exhibit these symptoms.<\/p>\n<p>As clinical evidence of the risks associated with playing tackle football mounts, professional players and sportscasters have begun to abandon the game. Notably, former NFL linebacker Joshua Perry retired this year after just two seasons, citing concerns over his mounting number of concussions. Some school districts\u2014such as the districts of Maplewood, Mo., and Marshall, Texas\u2014have even begun reducing or canceling tackle football programs. Nevertheless, the many high school students who will continue to play football in the coming school year present school leaders with some serious ethical questions.<\/p>\n<p>Is sponsoring an activity that causes disabling brain injury compatible with educators&#8217; responsibilities to students? Are there compensating educational benefits of playing tackle football that justify the risks? Does the putative consent of players or their parents relieve educators and administrators of their duty to protect students from harm? The answers to these questions are clearly no, no, and no.\u00a0 <a href=\"https:\/\/www.edweek.org\/ew\/articles\/2018\/09\/11\/its-time-to-end-football-in-high.html?cmp=eml-enl-eu-news1&#038;M=58605703&#038;U=1666178\" class=\"autohyperlink\" target=\"_blank\">www.edweek.org\/ew\/articles\/2018\/09\/11\/its-time-to-end-football-in-high.html?cmp=eml-enl-eu-news1&#038;M=58605703&#038;U=1666178<\/a><\/p>\n<p style=\"text-align: center;\"><em><strong>Below, the logical working out of identity politics, the new and corrupt president of San Diego State declares she is the school. Nice work, affirmative action, affirmatively filling the jails with black and brown people and creating the likes of her, Kwame Kilpatrick, and Obama to make oppression acceptable.<br \/>\n<\/strong><\/em><\/p>\n<p><a href=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Yo-Soy-SDSU.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22043\" src=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Yo-Soy-SDSU.jpg\" alt=\"\" width=\"1200\" height=\"628\" srcset=\"https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Yo-Soy-SDSU.jpg 1200w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Yo-Soy-SDSU-150x79.jpg 150w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Yo-Soy-SDSU-500x262.jpg 500w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Yo-Soy-SDSU-768x402.jpg 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<h1 class=\"header\" style=\"text-align: center;\">SDSU prez De la Torre gets raise to $441,504<\/h1>\n<p>Before de la Torre arrived in San Diego, she had been making $313,000 as vice chancellor for student affairs at the University of California Davis, when in 2016 she refused to open her Google email account to investigators for the university who were looking into <a href=\"https:\/\/www.sandiegoreader.com\/news\/2018\/jan\/31\/ticker-new-sdsu-president-withheld-email\/\">allegations of improper influence<\/a> against then-UC Davis president <strong>Linda Katehi.<\/strong> \u201cThus, there may exist relevant communications or documents that were not made available to the investigation team,\u201d per the consultant\u2019s report. On August 9, 2016, Katehi quit after investigators found \u201cnumerous instances where Chancellor Katehi was not candid, that she exercised poor judgment, and violated multiple University policies.\u201d\u00a0 <a href=\"https:\/\/www.sandiegoreader.com\/news\/2018\/aug\/15\/radar-sdsu-prez-de-la-torre-starts-428645\/#\" class=\"autohyperlink\" target=\"_blank\">www.sandiegoreader.com\/news\/2018\/aug\/15\/radar-sdsu-prez-de-la-torre-starts-428645\/#<\/a><\/p>\n<p style=\"text-align: center;\"><em><strong>A \u00a0\u00a0<span class=\"css-133coio etbu2a32\"><a class=\"css-1gk8jl3 etbu2a31\" href=\"https:\/\/www.thesaurus.com\/browse\/camouflaged\" data-linkid=\"nn1ov4\">camouflaged<\/a><\/span> ,secret, jury chose to retain the racist Aztec symbol, despite an overwhelming faculty vote.<\/strong><\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"irc_mi aligncenter\" src=\"https:\/\/i.pinimg.com\/originals\/44\/f1\/d1\/44f1d141b5e50c37aeec4db0a15fb43d.jpg\" alt=\"Image result for monty montezuma\" width=\"235\" height=\"353\" \/><\/p>\n<h1 class=\"asset-headline speakable-headline\" style=\"text-align: center;\">Michigan school districts battle widespread teacher shortages<\/h1>\n<p class=\"speakable-p-1 p-text\">Michigan is battling a\u00a0persistent shortage of teachers early in the school year, prompting school district leaders to scramble to fill their\u00a0vacancies while fearing the problem might only get worse.<\/p>\n<p class=\"speakable-p-2 p-text\">From the Upper Peninsula to Metro Detroit, <a href=\"http:\/\/massp.mistaff.com\/jobs\" data-track-label=\"inline|intext|n\/a\">job\u00a0postings\u00a0<\/a>for K-12 positions across the state advertise hundreds of open positions from\u00a0foreign language, music, science and math teachers to paraprofessionals to counselors.<\/p>\n<p class=\"p-text\">While the Michigan Department of Education does not track\u00a0teacher vacancies among the 900 public school districts in the state \u2014\u00a0it does publish a<a href=\"https:\/\/www.michigan.gov\/documents\/mde\/Critical_Shortage_Information_522944_7.pdf\" data-track-label=\"inline|intext|n\/a\"> critical shortage list<\/a>\u00a0that lays out jobs open in multiple districts for retirees \u2014 educators in the field report many districts are struggling to fill teaching positions, sometimes for years, as more lucrative jobs in the private sector attract candidates.<\/p>\n<p class=\"p-text\">&#8220;I told my physics\u00a0teacher to never retire,&#8221; said\u00a0Superintendent\u00a0Louis Steigerwald of Norway-Vulcan Area Schools in the Upper Peninsula.\u00a0 <a href=\"https:\/\/www.detroitnews.com\/story\/news\/education\/2018\/09\/10\/teacher-shortage-michigan-schools\/1203975002\/\" class=\"autohyperlink\" target=\"_blank\">www.detroitnews.com\/story\/news\/education\/2018\/09\/10\/teacher-shortage-michigan-schools\/1203975002\/<\/a><\/p>\n<h1 class=\"spaced spaced-xl spaced-top spaced-bottom\">LAUSD chief signals desire to limit teacher job protections and change funding rules<\/h1>\n<p><img decoding=\"async\" class=\"full-width\" src=\"https:\/\/www.latimes.com\/resizer\/XneF1g1y2zIoF52WrgfyTfvCysM=\/1400x0\/www.trbimg.com\/img-5b9acd04\/turbine\/la-1536871679-5x13g7koe3-snap-image\" alt=\"LAUSD chief signals desire to limit teacher job protections and change funding rules\" \/><\/p>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p data-page=\"1\">Los Angeles schools Supt. Austin Beutner has yet to lay out his plans to help the nation\u2019s second-largest school district shore up its finances and improve its academics. But on Thursday, in a speech to an invitation-only audience, he gave strong signals that he might fight to place some limits on job protections for teachers and to get Sacramento to change the way it determines funding.<\/p>\n<\/div>\n<\/div>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>Beutner defended the concept of tenure but expressed dissatisfaction with the results.<\/p>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>\u201cWe need a transparent, efficient and fair process to manage ineffective teachers out,\u201d he told the crowd of students, parents, district leaders and representatives of community organizations gathered in the library of the Robert F. Kennedy Community Schools complex in Koreatown. \u201cIn the same way we need to support teachers, we need to support students and make sure that they have great teachers in their classrooms.\u201d<\/p>\n<\/div>\n<\/div>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>Only \u201ca few, a very few, people in the teaching profession are not helping students succeed,\u201d he said, but \u201can ineffective teacher can cause students to lose more than a year of learning, which is setting students up for failure.\u201d\u00a0 <a href=\"http:\/\/www.latimes.com\/local\/education\/la-me-edu-beutner-teacher-job-protections-20180913-story.html\" class=\"autohyperlink\" target=\"_blank\">www.latimes.com\/local\/education\/la-me-edu-beutner-teacher-job-protections-20180913-story.html<\/a><\/p>\n<h1 class=\"c-article-header__hed\" style=\"text-align: center;\">Teens Are Protesting In-Class Presentations<\/h1>\n<div class=\"c-article-meta\">\n<p class=\"c-dek\" style=\"text-align: center;\"><em>Some students say having to speak in front of the class is an unreasonable burden for those with anxiety and are demanding alternative options.<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"irc_mi aligncenter\" src=\"https:\/\/c7.alamy.com\/comp\/F18C9B\/teen-girl-crying-looking-at-the-camera-with-tears-on-hear-cheeks-F18C9B.jpg\" alt=\"Image result for crying teen girl\" width=\"304\" height=\"224\" \/><\/p>\n<p dir=\"ltr\">For many <a href=\"https:\/\/www.theatlantic.com\/family\/archive\/2018\/08\/bo-burnham-on-the-incredible-honesty-of-middle-schoolers-online\/566579\/\" data-omni-click=\"r'article',r'',d,r'intext',r'0',r'None'\">middle<\/a>&#8211; and high-school students, giving an in-class presentation was a rite of passage. Teachers would call up students, one by one, to present their work in front of the class and, though it was often nerve-racking, many people claim it helped turn them into more confident public speakers.<\/p>\n<p dir=\"ltr\">\u201cComing from somebody with severe anxiety, having somebody force me to do a public presentation was the best idea to happen in my life,\u201d one woman recently <a href=\"https:\/\/twitter.com\/itshayleybop\/status\/1039229825636954113\" data-omni-click=\"r'article',r'',d,r'intext',r'1',r'None'\">tweeted<\/a>. According to <a href=\"https:\/\/www.aacu.org\/sites\/default\/files\/files\/LEAP\/1KeyFindings.pdf\" data-omni-click=\"r'article',r'',d,r'intext',r'2',r'None'\">a recent survey<\/a> by the Association of American Colleges and Universities, oral communication is one of the most sought-after skills in the workplace, with over 90 percent of hiring managers saying it\u2019s important. Some educators also credit in-class presentations with <a href=\"https:\/\/www.noodle.com\/articles\/5-leadership-skills-students-learn-from-class-presentations\" data-omni-click=\"r'article',r'',d,r'intext',r'3',r'None'\">building essential leadership skills<\/a> and <a href=\"https:\/\/ablconnect.harvard.edu\/presentations-research\" data-omni-click=\"r'article',r'',d,r'intext',r'4',r'None'\">increasing students\u2019 confidence<\/a> and <a href=\"http:\/\/digitalcommons.unl.edu\/cgi\/viewcontent.cgi?article=1038&amp;context=mathmidsummative\" data-omni-click=\"r'article',r'',d,r'intext',r'5',r'None'\">understanding of material<\/a><\/p>\n<p dir=\"ltr\">But in the past few years, students have started calling out in-class presentations as discriminatory to those with anxiety, demanding that teachers offer alternative options. This week, a tweet posted by a <a href=\"https:\/\/twitter.com\/softedhearts\/status\/1038376186894790658\" data-omni-click=\"r'article',r'',d,r'intext',r'6',r'None'\">15-year-old high-school student<\/a> declaring \u201cStop forcing students to present in front of the class and give them a choice not to\u201d garnered more than 130,000 retweets and nearly half a million likes. A similar sentiment <a href=\"https:\/\/twitter.com\/DAMNBlEBERS\/status\/826106798344126464\" data-omni-click=\"r'article',r'',d,r'intext',r'7',r'None'\">tweeted in January<\/a> also racked up thousands of likes and retweets. And teachers are listening. \u00a0https:\/\/www.theatlantic.com\/education\/archive\/2018\/09\/teens-think-they-shouldnt-have-to-speak-in-front-of-the-class\/570061\/?utm_source=facebook&amp;utm_campaign=the-atlantic-fb-test-368-3-&amp;utm_content=edit-promo&amp;utm_medium=social<\/p>\n<h1 class=\"spaced spaced-xl spaced-top spaced-bottom\">NEA Favorite Arne Duncan has a book!<\/h1>\n<p dir=\"ltr\"><img decoding=\"async\" class=\"s-image aligncenter\" src=\"https:\/\/m.media-amazon.com\/images\/I\/717-ozsBbXL._AC_UL436_.jpg\" srcset=\"https:\/\/m.media-amazon.com\/images\/I\/717-ozsBbXL._AC_UL436_.jpg 1x, https:\/\/m.media-amazon.com\/images\/I\/717-ozsBbXL._AC_UL654_QL65_.jpg 1.5x, https:\/\/m.media-amazon.com\/images\/I\/717-ozsBbXL._AC_UL872_QL65_.jpg 2x, https:\/\/m.media-amazon.com\/images\/I\/717-ozsBbXL._AC_UL1090_QL65_.jpg 2.5x, https:\/\/m.media-amazon.com\/images\/I\/717-ozsBbXL._AC_UL1308_QL65_.jpg 3x\" alt=\"\" data-image-index=\"0\" data-image-load=\"\" data-image-latency=\"s-product-image\" data-image-source-density=\"1\" \/><\/p>\n<\/div>\n<p dir=\"ltr\" style=\"text-align: center;\"><strong><em>Year after year, NEA bosses feted Duncan, even if the ranks hated him<\/em><\/strong><\/p>\n<p dir=\"ltr\"><a href=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Duncan-NEA.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22072\" src=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Duncan-NEA.jpg\" alt=\"\" width=\"400\" height=\"267\" srcset=\"https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Duncan-NEA.jpg 400w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Duncan-NEA-150x100.jpg 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><span style=\"color: #0000ff;\"><strong>The International Hot War of the Rich on the Poor<\/strong><\/span><\/p>\n<h1 class=\"spaced spaced-xl spaced-top spaced-bottom\" style=\"text-align: center;\">Seventeen years after Sept. 11, Al Qaeda may be stronger than ever<\/h1>\n<p><img decoding=\"async\" src=\"http:\/\/www.latimes.com\/resizer\/EDCjoZQJXseVY66G_2Atp4VD1ig=\/1400x0\/www.trbimg.com\/img-5b96916a\/turbine\/la-1536594277-3mlnoybd7t-snap-image\" alt=\"Seventeen years after Sept. 11, Al Qaeda may be stronger than ever\" \/><\/p>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p data-page=\"1\">In the days after Sept. 11, 2001, the United States set out to destroy Al Qaeda. President George W. Bush vowed to \u201cstarve terrorists of funding, turn them one against another, drive them from place to place, until there is no refuge or no rest.\u201d<\/p>\n<\/div>\n<\/div>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>Seventeen years later, Al Qaeda may be stronger than ever. Far from vanquishing the extremist group and its associated \u201cfranchises,\u201d critics say, U.S. policies in the Mideast appear to have encouraged its spread.<\/p>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>What U.S. officials didn\u2019t grasp, said Rita Katz, director of the SITE Intelligence Group, in a recent phone interview, is that Al Qaeda is more than a group of individuals. \u201cIt\u2019s an idea, and an idea cannot be destroyedusing sophisticated weapons and killing leaders and bombing training camps,\u201d she said.<\/p>\n<\/div>\n<\/div>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>The group has amassed the largest fighting force in its existence. Estimates say it may have more than 20,000 militants in Syria and Yemen alone.<\/p>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>It boasts affiliates across North Africa, the Levant and parts of Asia, and it remains strong around the Afghanistan-Pakistan border.<\/p>\n<\/div>\n<\/div>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>It has also changed tactics. Instead of the headline-grabbing terrorist attacks, brutal public executions and slick propaganda used by Islamic State (Al Qaeda\u2019s onetime affiliate and now rival), Al Qaeda now practices a softer approach, embedding itself and gaining the support of Sunni Muslims inside war-torn countries.<\/p>\n<\/div>\n<\/div>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>Here\u2019s a look at how Al Qaeda has grown in some key Middle Eastern countries:<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.latimes.com\/resizer\/yrEEEwkE9RQeWxZPNXZ4fsu2e18=\/1400x0\/www.trbimg.com\/img-5b96fc78\/turbine\/la-fg-al-qaeda-survive-2018-web\/2000\" \/><\/p>\n<\/div>\n<div class=\"card collection-item\" data-type=\"header\">\n<div class=\" card-content \">\n<h3 class=\"benton-title centered section-title\" style=\"text-align: center;\">Iraq<\/h3>\n<\/div>\n<\/div>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>The United States went to war against Iraq in 2003, based in part on the assertion \u2014 later debunked \u2014 that Al Qaeda had ties to dictator Saddam Hussein.<\/p>\n<\/div>\n<\/div>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>That claim turned out to be a self-fulfilling prophecy.<\/p>\n<\/div>\n<\/div>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>In victory, the U.S. disbanded the Iraqi army, putting hundreds of thousands of disgruntled men with military training on the street. Many rose up against what was perceived as a foreign invasion, feeding an insurgency that has never stopped. The insurgency gave birth to Al Qaeda in Iraq, a local affiliate that pioneered the use of terrorist attacks on Shiite Muslims, regarded as apostates by Sunni extremists.<\/p>\n<\/div>\n<\/div>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>In its 2007 \u201csurge,\u201d the U.S., in concert with pro-government Sunni militias, largely defeated Al Qaeda in Iraq. But by 2010, the group was \u201cfundamentally the same\u201d as it had been before the boost in troops, according to Gen. Ray T. Odierno, the top U.S. commander in Iraq at the time.<\/p>\n<\/div>\n<\/div>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>The 2011 uprisings in neighboring Syria gave the group the breathing space it needed. Two years later it emerged as Islamic State in Iraq and Syria, also known as ISIS, and split from Al Qaeda\u2019s central leadership.<\/p>\n<\/div>\n<\/div>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>It also launched an audacious offensive that saw large swaths of Iraq fall into the hands of the jihadists. Although Islamic State has since lost most of its territory, it remains a threat.\u00a0 <a href=\"http:\/\/www.latimes.com\/world\/middleeast\/la-fg-al-qaeda-survive-20180910-story.html\" class=\"autohyperlink\" target=\"_blank\">www.latimes.com\/world\/middleeast\/la-fg-al-qaeda-survive-20180910-story.html<\/a><\/p>\n<h1><a title=\"Permanent Link to Taliban overruns military base in Zabul\" href=\"https:\/\/www.longwarjournal.org\/archives\/2018\/09\/taliban-overruns-military-base-in-zabul.php\" rel=\"bookmark\">Taliban overruns military base in Zabul<\/a><\/h1>\n<p>The Taliban has released yet another video showing their fighters gathering in the open after overrunning a military base without fear of reprisal from NATO or Afghan warplanes. In many remote areas of Afghanistan, the Taliban has demonstrated that it can operate virtually unfettered.<\/p>\n<p>The Taliban released \u201cEnemy Retreat from Shomolzo (Zabul)\u201d on Sept. 10 on its official website, Voice of Jihad. It is unclear when the attack took place. In mid-August, the Taliban reportedly killed 11 policemen in Zabul after it overran two checkposts, but the video shows what appears to be a large base. \u201cShomolzo\u201d is Shamulzayi district, which is contested by the Taliban, according to an assessment by\u00a0<em>FDD\u2019s Long War Journal<\/em>.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">More footage from Taliban video &quot;Enemy Retreat from Shomolzo (Zabul)&quot; (in Shamulzayi district). As with other videos, note how the large contingent of Taliban fighters is unconcerned about being targeted in retaliatory airstrikes. <a href=\"https:\/\/t.co\/iX4KmFrs9n\">pic.twitter.com\/iX4KmFrs9n<\/a><\/p>\n<p>&mdash; Bill Roggio (@billroggio) <a href=\"https:\/\/twitter.com\/billroggio\/status\/1039958238257704960?ref_src=twsrc%5Etfw\">September 12, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>Attacks on military bases such as the one in Zabul have\u00a0<a href=\"https:\/\/www.longwarjournal.org\/archives\/2018\/08\/taliban-video-shows-fighters-on-captured-afghan-base-in-baghlan.php\">become all too common<\/a>\u00a0in Afghanistan. Taliban fighters have not paid a price for loitering and celebrating on captured bases or overrun district centers as the Afghan military and Resolute Support are either unwilling or unable to launch airstrikes or retaliatory raids. [See\u00a0<em>LWJ<\/em>\u00a0report,\u00a0<a href=\"https:\/\/www.longwarjournal.org\/archives\/2017\/08\/analysis-coalition-and-afghan-force-must-target-taliban-after-overrunning-bases.php\">Analysis: Coalition and Afghan forces must target Taliban after overrunning bases<\/a>, from 2017.]<\/p>\n<p>Resolute Support, NATO\u2019s command in Afghanistan, is recommending that the Afghan military withdraw from more remote outposts, however, this would cede more ground to the Taliban, which in turn leverages these areas to launch attacks on major Afghan population centers.\u00a0 <a href=\"https:\/\/www.longwarjournal.org\/archives\/2018\/09\/taliban-overruns-military-base-in-zabul.php?utm_source=feedburner&#038;utm_medium=email&#038;utm_campaign=Feed%3A+LongWarJournalSiteWide+%28FDD%27s+Long+War+Journal+Update%29\" class=\"autohyperlink\" target=\"_blank\">www.longwarjournal.org\/archives\/2018\/09\/taliban-overruns-military-base-in-zabul.php?utm_source=feedburner&#038;utm_medium=email&#038;utm_campaign=Feed%3A+LongWarJournalSiteWide+%28FDD%27s+Long+War+Journal+Update%29<\/a><\/p>\n<p>&nbsp;<\/p>\n<div class=\" card-content \">\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<h1 style=\"text-align: center;\">Trailblazing female who became infantry Marine is getting kicked out for fraternization<\/h1>\n<\/div>\n<\/div>\n<p><img decoding=\"async\" class=\"image-lazy\" src=\"https:\/\/www.armytimes.com\/resizer\/aqx5HKjZpM0UwabsTlQ0HMeRqDU=\/1200x0\/filters:quality(100)\/arc-anglerfish-arc2-prod-mco.s3.amazonaws.com\/public\/7535ZS75RZH37AGDIFMZCTUE44.jpg\" alt=\"\" \/><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<p class=\"element element-paragraph\">Remedios Cruz joined the Marine Corps in 2013 as a supply clerk. One year later, she completed infantry training, and in 2017, made history when she became <a href=\"https:\/\/www.marinecorpstimes.com\/news\/your-marine-corps\/2018\/06\/27\/why-are-they-moving-up-faster-women-in-the-corps-are-doing-better-than-you-think\/\" target=\"_blank\" rel=\"noopener\">one of three females<\/a> to join <a href=\"https:\/\/www.marinecorpstimes.com\/news\/your-marine-corps\/2017\/01\/03\/first-female-infantry-marines-joining-battalion-on-thursday\/\" target=\"_blank\" rel=\"noopener\">1st Battalion, 8th Marines<\/a> at Camp Lejeune, North Carolina.<\/p>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<p class=\"element element-paragraph\">Now, Cruz is<a href=\"https:\/\/www.marinecorpstimes.com\/news\/your-marine-corps\/2018\/06\/21\/second-woman-on-track-to-graduate-the-corps-infantry-officer-course-may-be-your-next-recon-platoon-commander\/\" target=\"_blank\" rel=\"noopener\"> awaiting separation from the Marine Corps <\/a>after pleading guilty to maintaining a romantic relationship with a subordinate.<\/p>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<p class=\"element element-paragraph\">Cruz, 26, eventually married the person, who was a <a href=\"https:\/\/www.nytimes.com\/2018\/09\/12\/us\/politics\/women-marines-infantry-discharge-.html\" target=\"_blank\" rel=\"noopener\">lower-ranking Marine in her unit<\/a>, according The New York Times.<\/p>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<p class=\"element element-paragraph\">\u201cThe biggest mistakes I\u2019ve made in the infantry were from my personal relationships,\u201d Cruz told the Times. \u201cI really want to move on.\u201d\u00a0 <a href=\"https:\/\/www.marinecorpstimes.com\/news\/your-marine-corps\/2018\/09\/12\/trailblazing-female-who-became-infantry-marine-is-getting-kicked-out-for-fraternization\/?utm_source=facebook.com&#038;utm_campaign=Socialflow+MAR&#038;utm_medium=social\" class=\"autohyperlink\" target=\"_blank\">www.marinecorpstimes.com\/news\/your-marine-corps\/2018\/09\/12\/trailblazing-female-who-became-infantry-marine-is-getting-kicked-out-for-fraternization\/?utm_source=facebook.com&#038;utm_campaign=Socialflow+MAR&#038;utm_medium=social<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"irc_mi aligncenter\" src=\"https:\/\/cdns.abclocal.go.com\/content\/ktrk\/images\/cms\/1360817_1280x720.jpg\" alt=\"Image result for military veterans cemetery\" width=\"304\" height=\"171\" \/><\/p>\n<h1 style=\"text-align: center;\">Watchdog report: The VA benefits backlog is higher than officials say<\/h1>\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<p class=\"element element-paragraph\">The <a href=\"https:\/\/www.militarytimes.com\/veterans\/2015\/12\/29\/va-claims-backlog-is-better-but-is-never-going-away\/\" target=\"_blank\" rel=\"noopener\">benefits backlog at Veterans Affairs<\/a> is worse than leaders there have acknowledged, according to a new investigation from the department\u2019s top watchdog.<\/p>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<p class=\"element element-paragraph\">In a report released Monday, the<a href=\"https:\/\/www.militarytimes.com\/veterans\/2018\/06\/19\/va-watchdog-accuses-leadership-of-withholding-access-to-employee-complaints\/\" target=\"_blank\" rel=\"noopener\"> VA inspector general<\/a> found <a href=\"https:\/\/www.militarytimes.com\/veterans\/2016\/07\/10\/va-disability-backlog-tops-70000-7-months-after-it-was-supposed-to-be-zero\/\" target=\"_blank\" rel=\"noopener\">tens of thousands of benefits cases<\/a> omitted or ignored by department officials that \u201csignificantly understated the number of claims awaiting decisions for over 125 days.\u201d<\/p>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<p class=\"element element-paragraph\">Investigators estimated that the reported backlog only covers about 79 percent of relevant cases, with a host of others misclassified, mistakenly excluded and, in some cases, only acknowledged as overdue after the files had finally been processed.<\/p>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<p class=\"element element-paragraph\">In response, VA officials said they are \u201creviewing how best to supplement or adjust reporting on the rating-related backlog.\u201d New training and standards are expected to be put in place by the end of this year.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<p class=\"element element-paragraph\">\u00a0The VA claims backlog was a major scandal during President Barack Obama\u2019s administration, as frustrations grew over the slow pace of VA\u2019s ability to handle an ever-growing number of disability claims.\u00a0 <a href=\"https:\/\/www.militarytimes.com\/news\/2018\/09\/10\/watchdog-report-the-va-benefits-backlog-is-higher-than-officials-say\/\" class=\"autohyperlink\" target=\"_blank\">www.militarytimes.com\/news\/2018\/09\/10\/watchdog-report-the-va-benefits-backlog-is-higher-than-officials-say\/<\/a><\/p>\n<h1 style=\"text-align: center;\">McRaven, former SOCOM head, resigns from Pentagon board following Trump criticism<\/h1>\n<\/div>\n<p><iframe loading=\"lazy\" title=\"Documentary - DIRTY WARS - TRAILER | Jeremy Scahill\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/9cC98O6HMZk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<p class=\"element element-paragraph\">\u2014 William McRaven, the retired four-star admiral who led U.S. Special Operations Command from 2011 to 2014, has resigned from the\u00a0<a href=\"https:\/\/www.defensenews.com\/pentagon\/2017\/04\/06\/pentagon-tech-advisers-target-how-the-military-digests-data\/\" target=\"_blank\" rel=\"noopener\">Pentagon\u2019s technology advisory board<\/a>\u00a0following a public critique of President Donald Trump, Defense News has learned.<\/p>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<p class=\"element element-paragraph\">McRaven resigned from the Defense Innovation Board, a group of technology leaders and innovators tasked with advising the secretary of defense on pertinent issues, on Aug. 20, four days after he posted\u00a0<a href=\"https:\/\/www.washingtonpost.com\/opinions\/revoke-my-security-clearance-too-mr-president\/2018\/08\/16\/8b149b02-a178-11e8-93e3-24d1703d2a7a_story.html?utm_term=.a1db0815203b\" target=\"_blank\" rel=\"noopener\">a scathing op-ed<\/a>\u00a0in the Washington Post calling out Trump for revoking the security clearance of former CIA director John Brennan.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<p class=\"element element-paragraph\">Through your actions, you have embarrassed us in the eyes of our children, humiliated us on the world stage and, worst of all, divided us as a nation,\u201d McRaven wrote to Trump in the Post. \u201cIf you think for a moment that your McCarthy-era tactics will suppress the voices of criticism, you are sadly mistaken. The criticism will continue until you become the leader we prayed you would be.\u201d<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<p class=\"element element-paragraph\">McRaven\u2019s photo has been removed from the DIB website, and Lt. Col. Michelle Baldanza, a Pentagon spokeswoman, confirmed that McRaven resigned from his post on the DIB. She added that \u201cThe Department appreciates his service and contribution on the board.&#8221;<\/p>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"row\">\n<div class=\"col-md-12 col-xs-12 col-print-12\">\n<p class=\"element element-paragraph\">Created by then-Secretary of Defense Ash Carter\u00a0<a href=\"https:\/\/www.defensenews.com\/congress\/budget\/2016\/07\/26\/neil-degrasse-tyson-jeff-bezos-join-defense-innovation-board\/\" target=\"_blank\" rel=\"noopener\">in 2016<\/a>, the DIB is made up primarily of tech thinkers from outside the military. While big names such as former Alphabet head Eric Schmidt and astrophysicist Neil deGrasse Tyson helped gain it attention, the board benefited early by the presence of McRaven, who remained well-respected within the department.\u00a0 <a href=\"https:\/\/www.defensenews.com\/pentagon\/2018\/09\/13\/mcraven-former-socom-head-resigns-from-pentagon-board-following-trump-criticism\/?utm_source=Sailthru&#038;utm_medium=email&#038;utm_campaign=ebb%2014.09.18&#038;utm_term=Editorial%20-%20Military%20-%20Early%20Bird%20Brief\" class=\"autohyperlink\" target=\"_blank\">www.defensenews.com\/pentagon\/2018\/09\/13\/mcraven-former-socom-head-resigns-from-pentagon-board-following-trump-criticism\/?utm_source=Sailthru&#038;utm_medium=email&#038;utm_campaign=ebb%2014.09.18&#038;utm_term=Editorial%20-%20Military%20-%20Early%20Bird%20Brief<\/a><\/p>\n<div id=\"th-logo\">\n<h1>Top 100 Defense Companies for 2018<\/h1>\n<\/div>\n<div class=\"th-sub-header\">\n<div id=\"top100s\"><span id=\"chts\">Click headers to sort<\/span><\/div>\n<div id=\"drops\"><select id=\"dropyears\"><option disabled=\"disabled\">\u00a0Select Year<\/option><option value=\"2018\">\u00a02018<\/option><option value=\"2017\">\u00a02017<\/option><option value=\"2016\">\u00a02016<\/option><option value=\"2015\">\u00a02015<\/option><option value=\"2014\">\u00a02014<\/option><option value=\"2013\">\u00a02013<\/option><option value=\"2012\">\u00a02012<\/option><option value=\"2011\">\u00a02011<\/option><option value=\"2010\">\u00a02010<\/option><option value=\"2009\">\u00a02009<\/option><option value=\"2008\">\u00a02008<\/option><option value=\"2007\">\u00a02007<\/option><option value=\"2006\">\u00a02006<\/option><option value=\"2005\">\u00a02005<\/option><option value=\"2004\">\u00a02004<\/option><option value=\"2003\">\u00a02003<\/option><option value=\"2002\">\u00a02002<\/option><option value=\"2001\">\u00a02001<\/option><option value=\"2000\">\u00a02000<\/option><\/select><\/div>\n<\/div>\n<div id=\"top100\">\n<div id=\"topHS_wrapper\" class=\"dataTables_wrapper no-footer\">\n<table id=\"topHS\" class=\"dataTable no-footer\" role=\"grid\" border=\"0\" width=\"960\" cellspacing=\"1\" cellpadding=\"1\">\n<thead>\n<tr role=\"row\" valign=\"top\">\n<td class=\"sorting_asc\" tabindex=\"0\" colspan=\"1\" rowspan=\"1\" aria-controls=\"topHS\" aria-sort=\"ascending\" aria-label=\"Rank: activate to sort column ascending\">Rank<\/td>\n<td class=\"sorting\" tabindex=\"0\" colspan=\"1\" rowspan=\"1\" aria-controls=\"topHS\" aria-label=\"Last Year's Rank: activate to sort column ascending\">Last Year&#8217;s Rank<\/td>\n<td class=\"sorting\" tabindex=\"0\" colspan=\"1\" rowspan=\"1\" aria-controls=\"topHS\" aria-label=\"Company: activate to sort column ascending\">Company<\/td>\n<td class=\"sorting\" tabindex=\"0\" colspan=\"1\" rowspan=\"1\" aria-controls=\"topHS\" aria-label=\"Leadership: activate to sort column ascending\">Leadership<\/td>\n<td class=\"sorting\" tabindex=\"0\" colspan=\"1\" rowspan=\"1\" aria-controls=\"topHS\" aria-label=\"Country: activate to sort column ascending\">Country<\/td>\n<td class=\"sorting\" tabindex=\"0\" colspan=\"1\" rowspan=\"1\" aria-controls=\"topHS\" aria-label=\"2017 Defense Revenue* (in millions): activate to sort column ascending\">2017 Defense Revenue* (in millions)<\/td>\n<td class=\"sorting\" tabindex=\"0\" colspan=\"1\" rowspan=\"1\" aria-controls=\"topHS\" aria-label=\"2016 Defense Revenue* (in millions): activate to sort column ascending\">2016 Defense Revenue* (in millions)<\/td>\n<td class=\"sorting\" tabindex=\"0\" colspan=\"1\" rowspan=\"1\" aria-controls=\"topHS\" aria-label=\"% Defense Revenue Change: activate to sort column ascending\">% Defense Revenue Change<\/td>\n<td class=\"sorting\" tabindex=\"0\" colspan=\"1\" rowspan=\"1\" aria-controls=\"topHS\" aria-label=\"2017 Total Revenue* (in millions): activate to sort column ascending\">2017 Total Revenue* (in millions)<\/td>\n<td class=\"sorting\" tabindex=\"0\" colspan=\"1\" rowspan=\"1\" aria-controls=\"topHS\" aria-label=\"Revenue From Defense: activate to sort column ascending\">Revenue From Defense<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"odd\" role=\"row\">\n<td class=\"sorting_1\">1<\/td>\n<td>1<\/td>\n<td>Lockheed Martin\u00a0<sup>1<\/sup><\/td>\n<td>Marillyn Hewson, Chairman, President and CEO<\/td>\n<td>U.S.<\/td>\n<td>$47,985.00<\/td>\n<td>$43,468.00<\/td>\n<td>10%<\/td>\n<td>$51,048.00<\/td>\n<td>94%<\/td>\n<\/tr>\n<tr class=\"even\" role=\"row\">\n<td class=\"sorting_1\">2<\/td>\n<td>4<\/td>\n<td>Raytheon Company\u00a0<sup>1<\/sup><\/td>\n<td>Thomas Kennedy, Chairman and CEO<\/td>\n<td>U.S.<\/td>\n<td>$23,573.64<\/td>\n<td>$22,384.17<\/td>\n<td>5%<\/td>\n<td>$25,348.00<\/td>\n<td>93%<\/td>\n<\/tr>\n<tr class=\"odd\" role=\"row\">\n<td class=\"sorting_1\">3<\/td>\n<td>3<\/td>\n<td>BAE Systems<\/td>\n<td>Charles Woodburn, CEO<\/td>\n<td>U.K.<\/td>\n<td>$22,380.04<\/td>\n<td>$23,621.84<\/td>\n<td>-5%<\/td>\n<td>$25,288.20<\/td>\n<td>88%<\/td>\n<\/tr>\n<tr class=\"even\" role=\"row\">\n<td class=\"sorting_1\">4<\/td>\n<td>5<\/td>\n<td>Northrop Grumman\u00a0<sup>2<\/sup><\/td>\n<td>Wes Bush, Chairman and CEO<\/td>\n<td>U.S.<\/td>\n<td>$21,700.00<\/td>\n<td>$20,200.00<\/td>\n<td>7%<\/td>\n<td>$25,803.00<\/td>\n<td>84%<\/td>\n<\/tr>\n<tr class=\"odd\" role=\"row\">\n<td class=\"sorting_1\">5<\/td>\n<td>2<\/td>\n<td>Boeing\u00a0<sup>3<\/sup><\/td>\n<td>Dennis Muilenburg, President and CEO<\/td>\n<td>U.S.<\/td>\n<td>$20,561.00<\/td>\n<td>$20,180.00<\/td>\n<td>2%<\/td>\n<td>$94,005.00<\/td>\n<td>22%<\/td>\n<\/tr>\n<tr class=\"even\" role=\"row\">\n<td class=\"sorting_1\">6<\/td>\n<td>6<\/td>\n<td>General Dynamics\u00a0<sup>4<\/sup><\/td>\n<td>Phebe Novakovic, Chairman and CEO<\/td>\n<td>U.S.<\/td>\n<td>$19,587.00<\/td>\n<td>$19,696.00<\/td>\n<td>-1%<\/td>\n<td>$30,973.00<\/td>\n<td>63%<\/td>\n<\/tr>\n<tr class=\"odd\" role=\"row\">\n<td class=\"sorting_1\">7<\/td>\n<td>7<\/td>\n<td>Airbus<\/td>\n<td>Thomas Enders, CEO<\/td>\n<td>Netherlands\/France<\/td>\n<td>$11,185.91<\/td>\n<td>$12,321.00<\/td>\n<td>-9%<\/td>\n<td>$75,702.63<\/td>\n<td>15%<\/td>\n<\/tr>\n<tr class=\"even\" role=\"row\">\n<td class=\"sorting_1\">8<\/td>\n<td>11<\/td>\n<td>Almaz-Antey\u00a0<sup>5<\/sup><\/td>\n<td>Yan Novikov, CEO<\/td>\n<td>Russia<\/td>\n<td>$9,125.02<\/td>\n<td>$6,581.69<\/td>\n<td>39%<\/td>\n<td>$9,125.02<\/td>\n<td>100%<\/td>\n<\/tr>\n<tr class=\"odd\" role=\"row\">\n<td class=\"sorting_1\">9<\/td>\n<td>10<\/td>\n<td>Thales<\/td>\n<td>Patrice Caine, Chairman and CEO<\/td>\n<td>France<\/td>\n<td>$8,926.13<\/td>\n<td>$8,362.00<\/td>\n<td>7%<\/td>\n<td>$17,852.26<\/td>\n<td>50%<\/td>\n<\/tr>\n<tr class=\"even\" role=\"row\">\n<td class=\"sorting_1\">10<\/td>\n<td>9<\/td>\n<td>Leonardo<\/td>\n<td>Alessandro Profumo, CEO<\/td>\n<td>Italy<\/td>\n<td>$8,856.48<\/td>\n<td>$8,526.22<\/td>\n<td>4%<\/td>\n<td>$13,024.24<\/td>\n<td>68%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/people.defensenews.com\/top-100\/\" class=\"autohyperlink\" target=\"_blank\">people.defensenews.com\/top-100\/<\/a><\/p>\n<h1 class=\"entry-title\">A Former Navy official pleads guilty in &#8216;Fat Leonard&#8217; probe just weeks after indictment<\/h1>\n<p><img decoding=\"async\" src=\"http:\/\/www.trbimg.com\/img-586459d1\/turbine\/sd-me-fat-leonard-20161228\" alt=\"Image result for fat leonard conviction union tribune\" \/><\/p>\n<p>Three weeks after being indicted in the \u201cFat Leonard\u201d Navy bribery probe, a former Navy official on Wednesday admitted to helping steer military business to a contractor in exchange for kickbacks.<\/p>\n<p>Ricarte Icmat David, 61, a former master chief petty officer from 2003 to 2012, pleaded guilty in San Diego federal court to one count of conspiracy to commit honest services fraud.<\/p>\n<p>David was among three retired Navy officials to be indicted last month, the latest batch in an investigation that has netted 32 people and shows no sign of ending anytime soon.<\/p>\n<p>Like many of the officials targeted by Navy contractor\u00a0<a id=\"PEBS00045\" title=\"Leonard Glenn Francis\" href=\"http:\/\/www.sandiegouniontribune.com\/topic\/business\/leonard-glenn-francis-PEBS00045-topic.html\">Leonard Glenn Francis<\/a>, David worked in logistics in the 7th Fleet in Southeast Asia. The investigation shows Francis, nicknamed for his girth, kept a rotating list of military members on his payroll and would lean on them for ship movement schedules, proprietary negotiations on contracts and even intelligence about investigations into his business practices.<\/p>\n<p>Francis has admitted to overbilling the Navy some $35 million for services that his husbanding firm, Glenn Defense Marine Asia, provided visiting military ships, such as trash removal, water and security.<\/p>\n<p>David admitted in his plea agreement to approving inflated invoices for port visits.<\/p>\n<p>According to the indictment, David was rewarded with hotel rooms, prostitutes and $40,000 in cash \u2014 much of which apparently went to build a home in the Philippines where he now lives. The plea agreement, however, does not mention prostitutes and characterizes the cash bribes as \u201cmore than one\u201d and \u201ctotaling more than $15,000.\u201d\u00a0 <a href=\"http:\/\/www.sandiegouniontribune.com\/news\/courts\/sd-me-david-plea-20180905-story.html\" class=\"autohyperlink\" target=\"_blank\">www.sandiegouniontribune.com\/news\/courts\/sd-me-david-plea-20180905-story.html<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #0000ff;\"><strong>The International Economic War of the Rich on the Poor<\/strong><\/span><\/p>\n<p style=\"text-align: center;\"><strong><em>Rising Student loan debt from 2008. Now nearing $1.6 trillion<\/em><\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/static01.nyt.com\/newsgraphics\/2018\/09\/08\/crisis-warning-signs\/01d08e577ae89a25446db52e56a1f4a439eb7f7b\/student_loans-600.png\" \/><img loading=\"lazy\" decoding=\"async\" class=\"irc_mi aligncenter\" src=\"https:\/\/s-i.huffpost.com\/gen\/3286030\/images\/n-STUDENT-DEBT-628x314.jpg\" alt=\"Image result for student loan debt\" width=\"304\" height=\"152\" \/><\/p>\n<h1 class=\"story-heading interactive-headline\" style=\"text-align: center;\">The Next Financial Calamity Is<br data-owner=\"balance-text\" \/>Coming. Here\u2019s What to Watch.<\/h1>\n<div class=\"g-item g-text \">\n<p class=\"g-body\">The global financial crisis is fading into history. But the roots of the next one might already be taking hold.<\/p>\n<\/div>\n<div class=\"g-item g-text \">\n<p class=\"g-body\">Financial crises strike rich countries every 28 years on average. Often, the break between busts is much shorter.<\/p>\n<\/div>\n<div class=\"g-item g-text \">\n<p class=\"g-body\">Fast-growing pockets of debt, as in the last time around, look like potential sources of problems. They\u2019re nowhere near as big as the mortgage bubble, and no blow-ups appear imminent.<\/p>\n<\/div>\n<div class=\"g-item g-text \">\n<p class=\"g-body\">\u201cBut what we saw last time around is that things can creep up on you,\u201d said Wesley Phoa, a bond-fund manager at the Capital Group. \u201cYou can turn around and in three years\u2019 time you can go from not much of a problem to a pretty big problem.\u201d<\/p>\n<div class=\"g-item g-text \">\n<p class=\"g-body\">The amount of American student debt \u2014 roughly $1.5 trillion \u2014 has more than doubled since the financial crisis. It is now the second-largest category of consumer debt outstanding, after mortgages.<\/p>\n<\/div>\n<div class=\"g-item g-text \">\n<p class=\"g-body\">Public colleges and universities, hurt by state budget cuts, increased tuition. The drop in house values also made it harder for families to tap into their home equity to pay for tuition. As a result, the financial burden shifted to students, who took on heavier debt loads to pay for school.<\/p>\n<p>Many borrowers are already falling behind. During the second quarter of 2018, more than 10 percent of student loans were at least 90 days past due.<strong>\u00a0<\/strong>That was down slightly from a couple of years ago, but higher than the peak for mortgage delinquencies during the last crisis.<\/p>\n<div class=\"g-item g-subhed \">\n<h2 style=\"text-align: center;\"><em>Companies are also loading up on debt<\/em><\/h2>\n<\/div>\n<div class=\"g-item g-text \">\n<p class=\"g-body\">After the crisis, central banks slashed their interest rates. Investors moved their money out of government bonds, which were paying essentially nothing. And they piled into corporate bonds, which typically pay slightly higher rates.<\/p>\n<\/div>\n<div class=\"g-item g-text \">\n<p class=\"g-body\">American companies were more than happy to satisfy investors\u2019 ravenous appetites \u2014 and they did so by selling gobs of debt. (much more: <a href=\"https:\/\/www.nytimes.com\/interactive\/2018\/09\/12\/business\/the-next-recession-financial-crisis.html?action=click&#038;module=Top%20Stories&#038;pgtype=Homepage\" class=\"autohyperlink\" target=\"_blank\">www.nytimes.com\/interactive\/2018\/09\/12\/business\/the-next-recession-financial-crisis.html?action=click&#038;module=Top%20Stories&#038;pgtype=Homepage<\/a>)<\/p>\n<h1 class=\"css-156in97 ejekc6u0\" style=\"text-align: center;\"><span class=\"balancedHeadline\">The Recovery Threw the Middle-Class Dream Under a Benz<\/span><\/h1>\n<p><a href=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/moneybags-runs.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22067\" src=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/moneybags-runs.jpg\" alt=\"\" width=\"500\" height=\"400\" srcset=\"https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/moneybags-runs.jpg 500w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/moneybags-runs-150x120.jpg 150w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\n<\/div>\n<p class=\"css-1i0edl6 e2kc3sl0\">Once a year or so, the economist Diane Swonk ventures into the basement of her 1891 Victorian house outside Chicago and opens a plastic box containing the items that mean the most to her: awards, wedding pictures, the clothes she was wearing at the World Trade Center on the day it was attacked. But what she seeks out again and again is a bound diary of the events of the financial crisis and their aftermath.<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">\u201cIt\u2019s useful to go back and see what a chaotic time it was and how terrifying it was,\u201d she said. \u201cThat time is seared in my mind. I looked at it again recently, and all the pain came flooding back.\u201d<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">A decade later, things are eerily calm. The economy, by nearly any official measure, <a class=\"css-1g7m0tk\" title=\"\" href=\"https:\/\/www.nytimes.com\/2018\/09\/07\/business\/economy\/jobs-report.html\">is robust<\/a>. Wall Street is <a class=\"css-1g7m0tk\" title=\"\" href=\"https:\/\/www.nytimes.com\/2018\/08\/22\/business\/bull-market-stocks.html?rref=collection%2Ftimestopic%2FIncome%20Inequality&amp;action=click&amp;contentCollection=timestopics&amp;region=stream&amp;module=stream_unit&amp;version=latest&amp;contentPlacement=3&amp;pgtype=collection\">flirting with new highs<\/a>. And the housing market, the epicenter of the crash, has recovered in many places. But like the diary stored in Ms. Swonk\u2019s basement, the scars of the financial crisis and the ensuing Great Recession are still with us, just below the surface.<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">The most profound of these is that the uneven nature of the recovery compounded a long-term imbalance in the accumulation of wealth. As a consequence, what it means to be secure has changed. Wealth, real wealth,\u00a0 now comes from investment portfolios, not salaries. Fortunes are made through an initial public offering, a grant of stock options, a buyout or another form of what high-net-worth individuals call a liquidity event.<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">Data from the Federal Reserve show that over the last decade and a half, the proportion of family income from wages has dropped from nearly 70 percent to just under 61 percent. It\u2019s an extraordinary shift, driven largely by the investment profits of the very wealthy. In short, the people who possess tradable assets, especially stocks, have enjoyed a recovery that Americans dependent on savings or income from their weekly paycheck have yet to see. Ten years after the financial crisis, getting ahead by going to work every day seems quaint, akin to using the phone book to find a number or renting a video at Blockbuster.<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">The financial crisis didn\u2019t just kill the dream of getting rich from your day job. It also put an end to a fundamental belief of the middle class: that owning a home was always a good idea because prices moved in only one direction \u2014 up&#8230;<\/p>\n<div class=\"g-item g-text \">\n<p>In 2016, net worth among white middle-income families was 19 percent below 2007 levels, adjusted for inflation. But among blacks, it was down 40 percent, and Hispanics saw a drop of 46 percent. For many, old-fashioned hard work has simply not been a viable path out of this hole. After unemployment peaked in the fall of 2009, it took years for joblessness to return to pre-recession levels. Slack in the labor market left the employed and unemployed alike with little leverage to demand raises, even as corporate profits surged.\u00a0 <a href=\"https:\/\/www.nytimes.com\/2018\/09\/12\/business\/middle-class-financial-crisis.html?action=click&#038;module=Top%20Stories&#038;pgtype=Homepage\" class=\"autohyperlink\" target=\"_blank\">www.nytimes.com\/2018\/09\/12\/business\/middle-class-financial-crisis.html?action=click&#038;module=Top%20Stories&#038;pgtype=Homepage<\/a><\/p>\n<h1 class=\"content__headline \" style=\"text-align: center;\">Ten years after the crash: have the lessons of Lehman been learned?<\/h1>\n<\/div>\n<p><img decoding=\"async\" class=\"maxed responsive-img aligncenter\" src=\"https:\/\/i.guim.co.uk\/img\/media\/5d87f461b93a33a9d5b7326b74a56736864fcfed\/0_186_3120_1872\/master\/3120.jpg?width=300&amp;quality=85&amp;auto=format&amp;usm=12&amp;fit=max&amp;s=f5e8dfdf97d9b86b090d1d36fba84c1a\" alt=\"The New York Mercantile Exchange, 15 September 2008. \" \/><\/p>\n<h2>Risk has not been diminished, just taken out of sight<\/h2>\n<p>Ten years after its near-death experience, capitalism is back to its old ways.<\/p>\n<p>Bailouts for the few and austerity for the many have caused <a class=\"u-underline\" href=\"https:\/\/uk.reuters.com\/article\/uk-global-debt-imf\/commentary-record-164-trillion-global-debt-a-big-number-but-not-a-big-worry-idUKKBN1HQ20V\" data-link-name=\"in body link\">global debt to rise 40% since 2007<\/a>. Yes, British and European banks have contracted (as US authorities required Barclays, Deutsche Bank etc to shrink their dollar business) and tougher national rules constrain balance sheets.<\/p>\n<p>However, this has causedfinancial intermediation to shift from banks to capital markets. By making some banks safer, the risk has been moved to the shadow banking system, which has grown from $28tn in 2010 to $45tn in 2018, and from the west to emerging markets, which have borrowed $3.7tn in the last decade \u2013 with the results we now see in <a class=\"u-underline\" href=\"https:\/\/www.theguardian.com\/world\/2018\/aug\/10\/turkeys-economic-crisis-deepens-as-trump-doubles-tariffs\" data-link-name=\"in body link\">Turkey<\/a> and <a class=\"u-underline\" href=\"https:\/\/www.theguardian.com\/world\/2018\/aug\/30\/argentina-imf-50bn-loan-financial-crisis-macri\" data-link-name=\"in body link\">Argentina<\/a>. In short, risk has not been diminished, just taken out of sight and dispersed geographically. Moreover, toxic politics has ensured that the two states that saved capitalism in 2008, the US and China, cannot repeat that double act.\u00a0 &#8230;<a href=\"https:\/\/www.theguardian.com\/commentisfree\/2018\/sep\/14\/the-panel-lehman-brothers-ten-year-anniversary-financial-crash\" class=\"autohyperlink\" target=\"_blank\">www.theguardian.com\/commentisfree\/2018\/sep\/14\/the-panel-lehman-brothers-ten-year-anniversary-financial-crash<\/a><\/p>\n<div id=\"dfp-ad--inline1\" class=\"js-ad-slot ad-slot ad-slot--inline ad-slot--inline1 ad-slot--rendered\" data-link-name=\"ad slot inline1\" data-name=\"inline1\" aria-hidden=\"true\" data-mobile=\"1,1|2,2|300,250|300,274|fluid\" data-desktop=\"1,1|2,2|300,250|620,1|620,350|300,274|fluid\" data-google-query-id=\"CIv6xK_bvt0CFYR8YgodapAJPA\">\n<div id=\"google_ads_iframe_\/59666047\/theguardian.com\/commentisfree\/article\/ng_1__container__\" class=\"ad-slot__content\">\n<p><a href=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/moneybags-shoot-not-people.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22069\" src=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/moneybags-shoot-not-people.jpg\" alt=\"\" width=\"944\" height=\"612\" srcset=\"https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/moneybags-shoot-not-people.jpg 944w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/moneybags-shoot-not-people-150x97.jpg 150w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/moneybags-shoot-not-people-500x324.jpg 500w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/moneybags-shoot-not-people-768x498.jpg 768w\" sizes=\"auto, (max-width: 944px) 100vw, 944px\" \/><\/a><\/p>\n<h1 class=\"ArticleHeader__hed___GPB7e\">The Real Cost of the 2008 Financial Crisis<\/h1>\n<div class=\"SectionBreak SectionBreak__sectionBreak___1ppA7\">\n<p>&#8230;the Fed hid much of what it was doing from the American public, which was already choking on the U.S. bank bailout. It wasn\u2019t until years later, as a result of the Dodd-Frank financial-reform act and a freedom-of-information lawsuit filed by Bloomberg News, that the details emerged. The sums involved were huge. According to Tooze\u2019s tally, the Fed provided close to five trillion dollars in liquidity and loan guarantees to large non-American banks. It also provided roughly ten trillion dollars to foreign central banks through currency swaps. As with the seven-hundred-billion-dollar bailout for domestic banks, practically all this money was eventually repaid, with interest. But, had the full scope of what the Fed was doing emerged at the time, there would have been an uproar. Fortunately for the policymakers, there was no leak. An official at the New York Federal Reserve, which helped enact many of the covert lending programs, told Tooze that it was as if \u201ca guardian angel was watching over us.\u201d<\/p>\n<\/div>\n<div class=\"SectionBreak SectionBreak__sectionBreak___1ppA7\">\n<p>&#8230;in the United States and other countries, the long-term costs of the financial crisis and the great recession were enormous. The economic recovery that began, according to the National Bureau of Economic Research, in the summer of 2009 was weak and uneven. Growth in the G.D.P., wages, capital investment, and productivity continued to lag for most of the ensuing decade. In November, 2013, five years after the bank bailout, Larry Summers, President Obama\u2019s top economic adviser during his first term, suggested that the U.S. economy had entered<strong><em> an age of \u201c<a class=\"ArticleBody__link___1FS03\" href=\"https:\/\/www.ft.com\/content\/87cb15ea-5d1a-11e3-a558-00144feabdc0\" target=\"_blank\" rel=\"noopener\">secular stagnation<\/a>,<\/em><\/strong>\u201d a term that was coined in the nineteen-thirties but had fallen out of favor with all but a small group of Marxist economists.\u00a0 <a href=\"https:\/\/www.newyorker.com\/magazine\/2018\/09\/17\/the-real-cost-of-the-2008-financial-crisis\" class=\"autohyperlink\" target=\"_blank\">www.newyorker.com\/magazine\/2018\/09\/17\/the-real-cost-of-the-2008-financial-crisis<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div><a href=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Moneybags-Pensions.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22071\" src=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Moneybags-Pensions.jpg\" alt=\"\" width=\"481\" height=\"554\" srcset=\"https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Moneybags-Pensions.jpg 481w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Moneybags-Pensions-130x150.jpg 130w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Moneybags-Pensions-434x500.jpg 434w\" sizes=\"auto, (max-width: 481px) 100vw, 481px\" \/><\/a><\/div>\n<\/div>\n<\/div>\n<h1 class=\"entry-title\">A Mediocre Financial Crisis Reading List that makes one important point (Bush=Obama on bailing out banks)<\/h1>\n<p><a href=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/money-pig.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22068\" src=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/money-pig.png\" alt=\"\" width=\"350\" height=\"304\" srcset=\"https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/money-pig.png 350w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/money-pig-150x130.png 150w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\" \/><\/a><\/p>\n<p class=\"story-body-text\">I suspect that authors covering the broader sweep will note the remarkable continuity of crisis efforts across the two presidential administrations. Policies to stabilize the financial system included the TARP capital injections into banks, debt guarantees from the F.D.I.C. and targeted interventions into particular markets and industries by the Fed and the Treasury Department. These latter efforts stabilized money market mutual funds (including actions by the Treasury and the Fed); commercial paper markets (Fed); securitized lending (Treasury and Fed); the auto industry (Treasury); and individual entities like A.I.G., Citigroup, Bank of America, Fannie Mae and Freddie Mac (Treasury and Fed).<\/p>\n<p class=\"story-body-text\">In a\u00a0<a href=\"https:\/\/www.nytimes.com\/interactive\/2009\/02\/25\/us\/politics\/20090225-OBAMA-CONGRESS.html\">Feb. 24, 2009, address<\/a>\u00a0to Congress, President Obama said that he was \u201cinfuriated by the mismanagement and the results\u201d of the assistance for struggling banks. And yet the financial rescue programs listed above were begun before Jan. 20, 2009, and continued by the Obama administration.\u00a0 On top of these efforts would be added the quantitative easing purchases of Treasury bonds and mortgage-backed securities first announced by the Fed in late November 2008 and now in a third round. \u00a0The early 2009 fiscal stimulus was an Obama innovation, but its effectiveness remains the subject of considerable debate.<\/p>\n<p class=\"story-body-text\">President Obama has received considerable\u00a0<a href=\"https:\/\/www.huffingtonpost.com\/2013\/06\/07\/obama-national-security_n_3401808.html\">criticism lately<\/a>\u00a0for continuing a range of Bush-era security policies. \u00a0An irony, then, is that this observation applies as well to the financial policy crisis response. As detailed in the books above, these efforts did not head off the Great Recession, but on the whole they succeeded in stabilizing the financial system and avoiding an even worse catastrophe. (NYT, July 15, 2013)<\/p>\n<p><span class=\"published\">8\/12\/2011 3:05PM<\/span><\/p>\n<h1>Nouriel Roubini: Karl Marx Was Right<\/h1>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"irc_mi aligncenter\" src=\"https:\/\/pbs.twimg.com\/profile_images\/72051683\/n_roubini_074_final.jpg\" alt=\"Image result for nouriel roubini\" width=\"248\" height=\"353\" \/><\/p>\n<div class=\"description\">\n<h2>In a clip from a longer interview with WSJ&#8217;s Simon Constable, Dr Nouriel Roubini claims Karl Marx was right about capitalism self-destructing. While the U.S. is not there yet, he believes there is considerable danger facing the United States. Video in link.<\/h2>\n<p><a href=\"https:\/\/www.wsj.com\/video\/nouriel-roubini-karl-marx-was-right\/68EE8F89-EC24-42F8-9B9D-47B510E473B0.html\" class=\"autohyperlink\" target=\"_blank\">www.wsj.com\/video\/nouriel-roubini-karl-marx-was-right\/68EE8F89-EC24-42F8-9B9D-47B510E473B0.html<\/a><\/p>\n<p><img decoding=\"async\" id=\"imgBlkFront\" class=\"a-dynamic-image image-stretch-vertical frontImage aligncenter\" src=\"https:\/\/images-na.ssl-images-amazon.com\/images\/I\/51%2BrLkUM9OL._SX323_BO1,204,203,200_.jpg\" alt=\"\" data-a-dynamic-image=\"{&quot;https:\/\/images-na.ssl-images-amazon.com\/images\/I\/51%2BrLkUM9OL._SY344_BO1,204,203,200_.jpg&quot;:[226,346],&quot;https:\/\/images-na.ssl-images-amazon.com\/images\/I\/51%2BrLkUM9OL._SX323_BO1,204,203,200_.jpg&quot;:[325,499]}\" \/><\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<p>Matt Taibbi here unravels the whole fiendish story, digging beyond the headlines to get into the deeper roots and wider implications of the rise of the grifters. He traces the movement\u2019s origins to the cult of Ayn Rand and her most influential\u2014and possibly weirdest\u2014acolyte, Alan Greenspan, and offers fresh reporting on the backroom deals that decided the winners and losers in the government bailouts. He uncovers the hidden commodities bubble that transferred billions of dollars to Wall Street while creating food shortages around the world, and he shows how finance dominates politics, from the story of investment bankers auctioning off America\u2019s infrastructure to an inside account of the high-stakes battle for health-care reform\u2014a battle the true reformers lost. Finally, he tells the story of Goldman Sachs, the \u201cvampire squid wrapped around the face of humanity.\u201d\u00a0 <a href=\"https:\/\/www.bookscrolling.com\/best-books-learn-financial-crisis\/\" class=\"autohyperlink\" target=\"_blank\">www.bookscrolling.com\/best-books-learn-financial-crisis\/<\/a><\/p>\n<p><img decoding=\"async\" id=\"imgBlkFront\" class=\"a-dynamic-image image-stretch-vertical frontImage aligncenter\" src=\"https:\/\/images-na.ssl-images-amazon.com\/images\/I\/51tfadWWejL._SX336_BO1,204,203,200_.jpg\" alt=\"\" data-a-dynamic-image=\"{&quot;https:\/\/images-na.ssl-images-amazon.com\/images\/I\/51tfadWWejL._SY344_BO1,204,203,200_.jpg&quot;:[235,346],&quot;https:\/\/images-na.ssl-images-amazon.com\/images\/I\/51tfadWWejL._SX336_BO1,204,203,200_.jpg&quot;:[338,499]}\" \/><\/p>\n<p>Morgenson and Rosner draw back the curtain on Fannie Mae, the mortgage-finance giant that grew, with the support of the Clinton administration, through the 1990s, becoming a major opponent of government oversight even as it was benefiting from public subsidies. They expose the role played not only by Fannie Mae executives but also by enablers at Countrywide Financial, Goldman Sachs, the Federal Reserve, HUD, Congress, the FDIC, and the biggest players on Wall Street, to show how greed, aggression, and fear led countless officials to ignore warning signs of an imminent disaster.<\/p>\n<p><iframe loading=\"lazy\" title=\"The Big Short (2015) - Shorts turn the tables on Wall Street [HD 1080p]\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/F3goSYkVPNE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h1 id=\"headline\" class=\"headline\" style=\"text-align: center;\">I Saw the Crisis Coming. Why Didn\u2019t the Fed?<\/h1>\n<div id=\"story-meta-footer\" class=\"story-meta-footer\">\n<p class=\"byline-dateline\"><span class=\"byline\">By <span class=\"byline-author\" data-byline-name=\"MICHAEL J. BURRY\">MICHAEL J. BURRY <\/span><\/span><time class=\"dateline\" datetime=\"2014-10-28T18:23:21-04:00\">APRIL 3, 2010<\/time> (<strong>Burry of the Big Short<\/strong>, also in the video, the Risk Takers)<\/p>\n<p class=\"story-body-text story-content\" data-para-count=\"225\" data-total-count=\"242\">LAN GREENSPAN, the former chairman of the Federal Reserve, proclaimed last month that <a title=\"Bloomberg report on Greenspan remarks\" href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601068&amp;sid=a2REwRrZXTzk\">no one could have predicted the housing bubble.<\/a> \u201cEverybody missed it,\u201d he said, \u201cacademia, the Federal Reserve, all regulators.\u201d<\/p>\n<p class=\"story-body-text story-content\" data-para-count=\"728\" data-total-count=\"970\">But that is not how I remember it. Back in 2005 and 2006, I argued as forcefully as I could, in letters to clients of my investment firm, Scion Capital, that the mortgage market would melt down in the second half of 2007, causing substantial damage to the economy. My prediction was based on my research into the residential mortgage market and mortgage-backed securities. After studying the regulatory filings related to those securities, I waited for the lenders to offer the most risky mortgages conceivable to the least qualified buyers. I knew that would mark the beginning of the end of the housing bubble; it would mean that prices had risen \u2014 with the expansion of easy mortgage lending \u2014 as high as they could go.<\/p>\n<p class=\"story-body-text story-content\" data-para-count=\"587\" data-total-count=\"1557\">I had begun to worry about the housing market back in 2003, when lenders first resurrected interest-only mortgages, loosening their credit standards to generate a greater volume of loans. Throughout 2004, I had watched as these mortgages were offered to more and more subprime borrowers \u2014 those with the weakest credit. The lenders generally then sold these risky loans to Wall Street to be packaged into mortgage-backed securities, thus passing along most of the risk. Increasingly, lenders concerned themselves more with the quantity of mortgages they sold than with their quality.<\/p>\n<p class=\"story-body-text story-content\" data-para-count=\"292\" data-total-count=\"1849\">Meanwhile, home buyers, convinced by recent history that real estate prices would always rise, readily signed onto whatever mortgage would get them the biggest house. The incentive for fraud was great: the F.B.I. reported that its mortgage fraud caseload increased fivefold from 2001 to 2004.<\/p>\n<p id=\"story-continues-1\" class=\"story-body-text story-content\" data-para-count=\"166\" data-total-count=\"2015\">At the same time, I also watched how ratings agencies vouched for subprime mortgage-backed securities. To me, these agencies seemed not to be paying much attention.<\/p>\n<\/div>\n<p>By mid-2005, I had so much confidence in my analysis that I staked my reputation on it. That is, I purchased credit default swaps \u2014 a type of insurance \u2014 on billions of dollars worth of both subprime mortgage-backed securities and the bonds of many of the financial companies that would be devastated when the real estate bubble burst. As the value of the bonds fell, the value of the credit default swaps would rise. Our swaps covered many of the firms that failed or nearly failed, including the insurer American International Group and the mortgage lenders Fannie Mae and Freddie Mac.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"irc_mi aligncenter\" src=\"https:\/\/static.businessinsider.com\/image\/560168a79dd7cc25008bc1e7-750.jpg\" alt=\"Image result for michael burry\" width=\"304\" height=\"228\" \/><\/p>\n<p class=\"story-body-text story-content\" data-para-count=\"360\" data-total-count=\"2969\">I entered these trades carefully. Suspecting that my Wall Street counterparties might not be able or willing to pay up when the time came, I used six counterparties to minimize my exposure to any one of them. I also specifically avoided using Lehman Brothers and Bear Stearns as counterparties, as I viewed both to be mortally exposed to the crisis I foresaw.<\/p>\n<p class=\"story-body-text story-content\" data-para-count=\"251\" data-total-count=\"3220\">What\u2019s more, I demanded daily collateral settlement \u2014 if positions moved in our favor, I wanted cash posted to our account the next day. This was something I knew that Goldman Sachs and other derivatives dealers did not demand of AAA-rated A.I.G.<\/p>\n<p class=\"story-body-text story-content\" data-para-count=\"227\" data-total-count=\"3447\">I believed that the collapse of the subprime mortgage market would ultimately lead to huge failures among the largest financial institutions. But at the time almost no one else thought these trades would work out in my favor.<\/p>\n<p data-para-count=\"227\" data-total-count=\"3447\"><img decoding=\"async\" class=\"media-viewer-candidate\" src=\"https:\/\/static01.nyt.com\/images\/2010\/04\/03\/opinion\/03burry_art\/03burry_art-popup.jpg\" alt=\"\" data-mediaviewer-src=\"https:\/\/static01.nyt.com\/images\/2010\/04\/03\/opinion\/03burry_art\/03burry_art-popup.jpg\" data-mediaviewer-caption=\"\" data-mediaviewer-credit=\"Alex Nabaum\" \/><\/p>\n<p class=\"story-body-text story-content\" data-para-count=\"674\" data-total-count=\"4121\">During 2007, under constant pressure from my investors, I liquidated most of our credit default swaps at a substantial profit. By early 2008, I feared the effects of government intervention and exited all our remaining credit default positions \u2014 by auctioning them to the many Wall Street banks that were themselves by then desperate to buy protection against default. This was well in advance of the government bailouts. Because I had been operating in the face of strong opposition from both my investors and the Wall Street community, it took everything I had to see these trades through to completion. Disheartened on many fronts, I shut down Scion Capital in 2008.<\/p>\n<p class=\"story-body-text story-content\" data-para-count=\"597\" data-total-count=\"4718\">Since then, I have often wondered why nobody in Washington showed any interest in hearing exactly how I arrived at my conclusions that the housing bubble would burst when it did and that it could cripple the big financial institutions. A week ago I learned the answer when Al Hunt of Bloomberg Television, who had read Michael Lewis\u2019s book, \u201cThe Big Short,\u201d which includes the story of my predictions, asked Mr. Greenspan directly. The former Fed chairman responded that my insights had been a \u201cstatistical illusion.\u201d Perhaps, he suggested, I was just a supremely lucky flipper of coins.<\/p>\n<p data-para-count=\"597\" data-total-count=\"4718\"><img loading=\"lazy\" decoding=\"async\" class=\"irc_mut aligncenter\" src=\"https:\/\/encrypted-tbn0.gstatic.com\/images?q=tbn:ANd9GcRwqv7JrmlBUqc0ChtOgCTOUxdAk72PEG9U8fgoSpDnBmRQ3sQW\" alt=\"Image result for alan greenspan\" width=\"304\" height=\"304\" \/><\/p>\n<p class=\"story-body-text story-content\" data-para-count=\"360\" data-total-count=\"5078\">Mr. Greenspan said that he sat through innumerable meetings at the Fed with crack economists, and not one of them warned of the problems that were to come. By Mr. Greenspan\u2019s logic, anyone who might have foreseen the housing bubble would have been invited into the ivory tower, so if all those who were there did not hear it, then no one could have said it. <a href=\"https:\/\/www.nytimes.com\/2010\/04\/04\/opinion\/04burry.html\" class=\"autohyperlink\" target=\"_blank\">www.nytimes.com\/2010\/04\/04\/opinion\/04burry.html<\/a><\/p>\n<p>&nbsp;<\/p>\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-md-8\">\n<article class=\"post-4203 post type-post status-publish format-standard has-post-thumbnail hentry category-best-books category-education category-history category-nonfiction\">\n<div class=\"simple-text size-4 tt-content title-droid margin-big\">\n<blockquote><p>In one of the most gripping financial narratives in decades, Andrew Ross Sorkin-a New York Times columnist and one of the country\u2019s most respected financial reporters-delivers the first definitive blow- by-blow account of the epochal economic crisis that brought the world to the brink. Through unprecedented access to the players involved, he re-creates all the drama and turmoil of these turbulent days, revealing never-before-disclosed details and recounting how, motivated as often by ego and greed as by fear and self-preservation, the most powerful men and women in finance and politics decided the fate of the world\u2019s economy. <strong>(But really, Sorkin loves the banksters) <\/strong><\/p><\/blockquote>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/images-na.ssl-images-amazon.com\/images\/I\/41eIExY0mYL._SX327_BO1,204,203,200_.jpg\" \/><\/p>\n<p style=\"text-align: center;\"><strong><span style=\"color: #800000;\"><em>US Commission on the Financial Crisis: Dissenting Position (27 pages)<\/em><\/span><\/strong><\/p>\n<p>CAUSES OF THE<br \/>\nFINANCIAL AND ECONOMIC CRISIS<br \/>\nCONTENTS<br \/>\nIntroduction&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.\uf647\uf644\uf646<br \/>\nHow Our Approach Differs from Others\u2019 &#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.\uf647\uf644\uf647<br \/>\nStages of the Crisis&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.\uf647\uf644\uf64a<br \/>\nThe Ten Essential Causes of the Financial and Economic Crisis&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;\uf647\uf644\uf64a<br \/>\nThe Credit Bubble: Global Capital Flows, Underpriced Risk,<br \/>\nand Federal Reserve Policy&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;\uf647\uf644\uf64c<br \/>\nThe Housing Bubble &#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;\uf647\uf645\uf645<br \/>\nTurning Bad Mortgages into Toxic Financial Assets &#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;\uf647\uf645\uf648<br \/>\nBig Bank Bets and Why Banks Failed&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.\uf647\uf645\uf64a<br \/>\nTwo Types of Systemic Failure&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.\uf647\uf646\uf644<br \/>\nThe Shock and the Panic&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;\uf647\uf646\uf648<br \/>\nThe System Freezing &#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;\uf647\uf646\uf64a<\/p>\n<p><a href=\"https:\/\/fcic-static.law.stanford.edu\/cdn_media\/fcic-reports\/fcic_final_report_hennessey_holtz-eakin_thomas_dissent.pdf\" class=\"autohyperlink\" target=\"_blank\">fcic-static.law.stanford.edu\/cdn_media\/fcic-reports\/fcic_final_report_hennessey_holtz-eakin_thomas_dissent.pdf<\/a><\/p>\n<p><a href=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Bailout.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22077\" src=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Bailout.jpg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Bailout.jpg 300w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Bailout-150x150.jpg 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Neil Barofsky served as the Special Inspector General in charge of overseeing TARP from December 2008 until March 2011. For eight years prior, he was a federal prosecutor in the US Attorney\u2019s Office for the Southern District of New York, during which time he headed the Mortgage Fraud Group. Currently, Neil Barofsky is a senior fellow at New York University School of Law. An alum of the University of Pennsylvania and the New York University School of Law, this is his first book.<\/p>\n<p>\u201cIn his scathing new book, Barofsky says taxpayers got shafted while the rich got richer\u2026 a true expose\u2026. Taxpayers who feel helpless in the midst of the extended economic recession are likely to feel energized to metaphorically blow up the system after reading Barofsky\u2019s account.\u201d (<i>St. Louis Post-Dispatch<\/i>)<\/p>\n<h1 class=\"l-article-header__row l-article-header__row--title t-bold t-bold--condensed\" style=\"text-align: center;\">Ten Years After the Crash, We\u2019ve Learned Nothing<\/h1>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"c-crop__img wp-post-image visible\" src=\"https:\/\/www.rollingstone.com\/wp-content\/uploads\/2018\/09\/2008-crash-opener.jpg?crop=900:600&amp;width=440\" sizes=\"auto, (max-width: 480px) 440px, (max-width: 959px) 910px, 100vw\" srcset=\"https:\/\/www.rollingstone.com\/wp-content\/uploads\/2018\/09\/2008-crash-opener.jpg?crop=900:600&amp;width=440 440w, https:\/\/www.rollingstone.com\/wp-content\/uploads\/2018\/09\/2008-crash-opener.jpg?crop=900:600&amp;width=910 910w, https:\/\/www.rollingstone.com\/wp-content\/uploads\/2018\/09\/2008-crash-opener.jpg?crop=900:600&amp;width=1440 1440w, https:\/\/www.rollingstone.com\/wp-content\/uploads\/2018\/09\/2008-crash-opener.jpg?crop=900:600&amp;width=1910 1910w\" alt=\"NEW YORK - SEPTEMBER 16: Traders work on of the floor of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. The Federal Open Market Committee (FOMC) met today and announced they will hold the federal funds rate at 2.0 percent, despite the recent turmoil among investment banks on Wall Street. U.S. stocks were mixed following yesterday's Dow Jones Industrial Average plunge of 4.4% or 504 points, being the worst single day loss since the terrorist attacks of September 2001. (Photo by Spencer Platt\/Getty Images)\" width=\"900\" height=\"600\" data-src=\"https:\/\/www.rollingstone.com\/wp-content\/uploads\/2018\/09\/2008-crash-opener.jpg?crop=900:600&amp;width=440\" data-srcset=\"https:\/\/www.rollingstone.com\/wp-content\/uploads\/2018\/09\/2008-crash-opener.jpg?crop=900:600&amp;width=440 440w, https:\/\/www.rollingstone.com\/wp-content\/uploads\/2018\/09\/2008-crash-opener.jpg?crop=900:600&amp;width=910 910w, https:\/\/www.rollingstone.com\/wp-content\/uploads\/2018\/09\/2008-crash-opener.jpg?crop=900:600&amp;width=1440 1440w, https:\/\/www.rollingstone.com\/wp-content\/uploads\/2018\/09\/2008-crash-opener.jpg?crop=900:600&amp;width=1910 1910w\" \/><\/p>\n<p>Ten years ago, on Saturday, September 13th, 2008, the world was about to end.<\/p>\n<p>The New York Federal Reserve was a zoo. Imagine NASA headquarters on the day a giant asteroid careens into the atmosphere. That was the New York Fed: all hands on deck, <a href=\"https:\/\/www.youtube.com\/watch?v=rQdxP2m79n8\" target=\"_blank\" rel=\"nofollow noopener\">peak human panic<\/a>.<\/p>\n<p>The crowd included future Treasury Secretary <a href=\"https:\/\/en.wikipedia.org\/wiki\/Timothy_Geithner\" target=\"_blank\" rel=\"nofollow noopener\">Timothy Geithner<\/a>, then-Treasury Secretary (and <a href=\"http:\/\/content.time.com\/time\/specials\/packages\/article\/0,28804,1877351_1877350_1877341,00.html\" target=\"_blank\" rel=\"nofollow noopener\">former Goldman Sachs CEO) Hank Paulson<\/a>, the representatives of multiple regulatory offices, and the CEOs of virtually every major bank in New York, each toting armies of bean counters and bankers.<\/p>\n<p>Persistent propaganda about what happened 10 years ago not only continues to warp news coverage, but contributed to a wide array of political consequences, including the election of Donald Trump.<\/p>\n<p>The most persistent myths about 2008:<\/p>\n<p><strong>Myth#1: The crash was an accident<\/strong>\u00a0\u00a0 <a href=\"https:\/\/www.rollingstone.com\/politics\/politics-features\/financial-crisis-ten-year-anniversary-723798\/\" class=\"autohyperlink\" target=\"_blank\">www.rollingstone.com\/politics\/politics-features\/financial-crisis-ten-year-anniversary-723798\/<\/a><\/p>\n<h1 class=\"asset-headline speakable-headline\" style=\"text-align: center;\">But what is left out of this bourgie list of capitalist apologists? Marx.<\/h1>\n<p><a href=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Great-financial-Crisis-3.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22057\" src=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Great-financial-Crisis-3.jpg\" alt=\"\" width=\"238\" height=\"346\" srcset=\"https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Great-financial-Crisis-3.jpg 238w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Great-financial-Crisis-3-103x150.jpg 103w\" sizes=\"auto, (max-width: 238px) 100vw, 238px\" \/><\/a>and the best book on the 1929 Depression is online, free. Even a read of the first two chapters should get any beginner going.<\/p>\n<p><img decoding=\"async\" id=\"imgBlkFront\" class=\"a-dynamic-image image-stretch-vertical frontImage aligncenter\" src=\"https:\/\/images-na.ssl-images-amazon.com\/images\/I\/412dBPBnRcL._SX331_BO1,204,203,200_.jpg\" alt=\"\" data-a-dynamic-image=\"{&quot;https:\/\/images-na.ssl-images-amazon.com\/images\/I\/412dBPBnRcL._SY344_BO1,204,203,200_.jpg&quot;:[231,346],&quot;https:\/\/images-na.ssl-images-amazon.com\/images\/I\/412dBPBnRcL._SX331_BO1,204,203,200_.jpg&quot;:[333,499]}\" \/><\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/www.marxists.org\/archive\/corey\/1934\/decline\/index.html\" class=\"autohyperlink\" target=\"_blank\">www.marxists.org\/archive\/corey\/1934\/decline\/index.html<\/a><\/p>\n<h1 class=\"css-ifnb0o ejekc6u0\" style=\"text-align: center;\"><span class=\"balancedHeadline\">U.S. Recovery Eludes Many Living Below Poverty Level, Census Suggests<\/span><\/h1>\n<p><img decoding=\"async\" class=\"css-11cwn6f\" src=\"https:\/\/static01.nyt.com\/images\/2018\/09\/14\/us\/politics\/14dc-poverty\/merlin_143646234_72290b42-77fa-47d0-affa-18025359046f-articleLarge.jpg?quality=75&amp;auto=webp&amp;disable=upscale\" sizes=\"((min-width: 600px) and (max-width: 1004px)) 84vw, (min-width: 1005px) 60vw, 100vw\" srcset=\"https:\/\/static01.nyt.com\/images\/2018\/09\/14\/us\/politics\/14dc-poverty\/merlin_143646234_72290b42-77fa-47d0-affa-18025359046f-articleLarge.jpg?quality=90&amp;auto=webp 600w,https:\/\/static01.nyt.com\/images\/2018\/09\/14\/us\/politics\/14dc-poverty\/merlin_143646234_72290b42-77fa-47d0-affa-18025359046f-jumbo.jpg?quality=90&amp;auto=webp 1024w,https:\/\/static01.nyt.com\/images\/2018\/09\/14\/us\/politics\/14dc-poverty\/merlin_143646234_72290b42-77fa-47d0-affa-18025359046f-superJumbo.jpg?quality=90&amp;auto=webp 2048w\" alt=\"\" \/><\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">In July, President Trump\u2019s Council of Economic Advisers declared that the country\u2019s five-decade war on poverty was largely over and called it a success.<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">On Wednesday, the Census Bureau <a class=\"css-1g7m0tk\" title=\"\" href=\"https:\/\/www.census.gov\/content\/census\/en\/library\/publications\/2018\/demo\/p60-263.html\" target=\"_blank\" rel=\"noopener noreferrer\">released its 2017 annual report<\/a> on the poor that offered a stark counterpoint, suggesting that the national recovery has bypassed many of the 40 million to 45 million Americans estimated to be living below the federal poverty level.<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">While median household income rose 1.8 percent last year, the national poverty rate remained stubbornly high at 12.3 percent. That was just a slight decrease from the previous year\u2019s level of 12.7 percent, according to the federal government\u2019s <a class=\"css-1g7m0tk\" title=\"\" href=\"https:\/\/www.census.gov\/library\/publications\/2018\/demo\/p60-265.html\" target=\"_blank\" rel=\"noopener noreferrer\">most comprehensive annual gauge of economic hardship<\/a>.<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">The supplemental poverty measure for 2017, widely regarded by economists as more accurate, was even higher, 13.9 percent in 2017, essentially unchanged from the year before. That is an improvement from the recent high of 16 percent recorded in 2013. But economists and\u00a0 advocates for poor people say the relatively modest gains over the last few years are fragile, endangered by the Trump administration\u2019s policies and vulnerable to a long-overdue economic downturn.\u00a0 <a href=\"https:\/\/www.nytimes.com\/2018\/09\/13\/us\/politics\/poverty-rate-census-bureau.html\" class=\"autohyperlink\" target=\"_blank\">www.nytimes.com\/2018\/09\/13\/us\/politics\/poverty-rate-census-bureau.html<\/a><\/p>\n<h1 class=\"css-ifnb0o ejekc6u0\" style=\"text-align: center;\"><span class=\"balancedHeadline\">Even in Better Times, Some Americans Seem Farther Behind. Here\u2019s Why.<\/span><\/h1>\n<p><a href=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Inequality-We-want-change.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22065\" src=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Inequality-We-want-change.jpg\" alt=\"\" width=\"595\" height=\"335\" srcset=\"https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Inequality-We-want-change.jpg 595w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Inequality-We-want-change-150x84.jpg 150w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Inequality-We-want-change-500x282.jpg 500w\" sizes=\"auto, (max-width: 595px) 100vw, 595px\" \/><\/a><\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">Americans\u2019 household earnings are finally stretching back to their pre-recession heights. But feeling secure and comfortable isn\u2019t only a measure of how much money you have. It\u2019s also a measure of how much you have compared with others.<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">For many, that is one reason that recent financial progress may seem overshadowed by the gains they\u2019ve missed out on and a needling sense that they\u2019ve lost ground.<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">As new research illustrates, two groups in particular have stalled: whites without a college degree, and blacks and Hispanics with one. Both are being far outpaced by college-educated whites.<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">\u201cAmerica has been a story of getting ahead, of progress,\u201d said Morris P. Fiorina, a political scientist at Stanford University. \u201cThere\u2019s been no story of progress \u2014 for them.\u201d<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">The findings, part of a <a class=\"css-1g7m0tk\" title=\"\" href=\"https:\/\/www.stlouisfed.org\/household-financial-stability\/the-demographics-of-wealth\/decline-of-white-working-class\" target=\"_blank\" rel=\"noopener noreferrer\">study<\/a> on the demographics of wealth between 1989 and 2016 from the Federal Reserve Bank of St. Louis, show significant advances in education and earnings among white, black and Hispanic Americans over that period. A Census Bureau <a class=\"css-1g7m0tk\" title=\"\" href=\"https:\/\/www.nytimes.com\/2018\/09\/12\/us\/politics\/median-us-household-income-increased-in-2017.html\">report this week<\/a> also showed continued income gains last year. But the study highlights the growing importance of relative shifts in position up or down the income ladder at a time when the economy\u2019s riches <a class=\"css-1g7m0tk\" title=\"\" href=\"https:\/\/www.nytimes.com\/2016\/12\/06\/business\/economy\/a-bigger-economic-pie-but-a-smaller-slice-for-half-of-the-us.html\">are flowing<\/a> increasingly to the wealthiest sliver.<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">The economic swoops and comebacks of the last three decades have chipped away at many measures of well-being. An advanced global economy has radically revalued the contributions of blue-collar labor and technological skills.<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">The lingering economic insecurity has fired resentments, sharpened identity politics and fueled populism on the right and left that is upending hierarchies in the Democratic and Republican Parties.<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">But parallels between whites who did not finish college and blacks and Hispanics who did show that \u201cthis is not clearly a race story and not clearly an education story,\u201d said William R. Emmons, an economist at the St. Louis Fed and a co-author of its report.\u00a0 To Mr. Emmons, the most striking result was the steep declines among white families headed by someone without a college degree. Members of this group \u2014 labeled the white working class \u2014 not only were left behind financially, but also lagged in other measures of well-being, like self-reported health, homeownership, and marriage or cohabitation rates.\u00a0 <a href=\"https:\/\/www.nytimes.com\/2018\/09\/14\/business\/economy\/income-inequality.html\" class=\"autohyperlink\" target=\"_blank\">www.nytimes.com\/2018\/09\/14\/business\/economy\/income-inequality.html<\/a><\/p>\n<h1 class=\"Article-headline Headline Headline--article\" style=\"text-align: center;\">We allow the rich to escape charges, admits taxman<\/h1>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"irc_mi aligncenter\" src=\"http:\/\/quoteparrot.com\/images\/quote\/we-dont-pay-taxes-only-the-little-people-pay-taxes-170664.jpg\" alt=\"Image result for only little people pay taxes\" width=\"304\" height=\"157\" \/><\/p>\n<p>HM Revenue &amp; Customs (HMRC) has admitted for the first time that it allows the most powerful members of society to escape prosecution for financial crimes.<\/p>\n<p>At an economic crime conference in Cambridge last week, a senior government official admitted that the tax authorities accommodated celebrities\u2019 concerns and settled debts privately to avoid the embarrassment of a public trial.<\/p>\n<p>HMRC, however, continues to prosecute smugglers, small businesses and benefits cheats.<\/p>\n<p>Richard Las, the deputy director of HMRC in charge of organised crime, said that \u201cvery wealthy and prominent members of the community\u201d were afraid of the \u201creputational damage\u201d that a criminal trial for fraud, money-laundering or tax evasion would bring.\u00a0 <a href=\"https:\/\/www.thetimes.co.uk\/article\/we-allow-the-rich-to-escape-charges-admits-taxman-pb307srkq\" class=\"autohyperlink\" target=\"_blank\">www.thetimes.co.uk\/article\/we-allow-the-rich-to-escape-charges-admits-taxman-pb307srkq<\/a><\/p>\n<h1 class=\"lede-text-v2__hed\" style=\"text-align: center;\">JPMorgan Predicts the Next Financial Crisis Will Strike in 2020<\/h1>\n<p>How bad will the next crisis be? JPMorgan Chase &amp; Co. has an idea.<\/p>\n<p>A decade after the collapse of Lehman Brothers sparked a plunge in markets and a raft of emergency measures, strategists at the bank have created a model aimed at gauging the timing and severity of the next financial crisis. And they reckon investors should pencil it in for 2020.<\/p>\n<p>The good news is, the next one will probably generate a somewhat less painful hit than past episodes, according to their analysis. The bad news? Diminished financial market liquidity since the 2008 implosion is a \u201cwildcard\u201d that\u2019s tough to game out.<\/p>\n<p>The JPMorgan model calculates outcomes based on the length of the economic expansion, the potential duration of the next recession, the degree of leverage, asset-price valuations and the level of deregulation and financial\u00a0innovation before the crisis. Assuming an average-length recession, the model came up with the following peak-to-trough performance estimates for different asset classes in the next crisis, according to the note.<\/p>\n<ul>\n<li>A U.S. stock slide of about 20 percent.<\/li>\n<li>A jump in U.S. corporate-bond yield premiums of about 1.15 percentage points.<\/li>\n<li>A 35 percent tumble in energy prices and 29 percent slump in base metals.<\/li>\n<li>A 2.79 percentage point widening in spreads on emerging-nation government debt.<\/li>\n<li>A 48 percent slide in emerging-market stocks, and a 14.4 percent drop in emerging currencies.<\/li>\n<\/ul>\n<p>\u201cAcross assets, these projections look tame relative to what the GFC delivered and probably unalarming relative to the recession\/crisis averages\u201d of the past, JPMorgan strategists John Normand and Federico Manicardi wrote, noting that during the recession and ensuing global financial crisis the S&amp;P 500 fell 54 percent from its peak. \u201cWe would nudge them all at least to their historical norms due to the wildcard from structurally less-liquid markets.\u201d\u00a0 <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-09-13\/jpmorgan-sees-liquidity-wildcard-in-gauging-depth-of-next-crisis?cmpid=BBD091418_MKT&#038;utm_medium=email&#038;utm_source=newsletter&#038;utm_term=180914&#038;utm_campaign=marketsasia\" class=\"autohyperlink\" target=\"_blank\">www.bloomberg.com\/news\/articles\/2018-09-13\/jpmorgan-sees-liquidity-wildcard-in-gauging-depth-of-next-crisis?cmpid=BBD091418_MKT&#038;utm_medium=email&#038;utm_source=newsletter&#038;utm_term=180914&#038;utm_campaign=marketsasia<\/a><\/p>\n<p><span style=\"color: #0000ff;\"><strong>The Emergence of Fascism as a Popular Mass Movement and <\/strong><\/span><span style=\"color: #0000ff;\"><strong>The War on Reason<\/strong><\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"irc_mi aligncenter\" src=\"https:\/\/52f4e29a8321344e30ae-0f55c9129972ac85d6b1f4e703468e6b.ssl.cf2.rackcdn.com\/products\/pictures\/299857.jpg\" alt=\"Image result for Mephistopheles\" width=\"303\" height=\"353\" \/><\/p>\n<h1 class=\"Article-headline Headline Headline--article\" style=\"text-align: center;\">M<span class=\"dialog\"><span class=\"speaker\"><span class=\"emphasis_bold\">ephistopheles<\/span><\/span><\/span><\/h1>\n<div class=\"poemline\" style=\"text-align: center;\"><em><strong><span class=\"poemline_indentlevel_\">Only look down on knowledge and reason,<\/span><\/strong><\/em><\/div>\n<div class=\"poemline\" style=\"text-align: center;\"><em><strong><span class=\"poemline_number\">\u00a0<\/span><span class=\"poemline_indentlevel_\">The highest gifts that men can prize,<\/span><\/strong><\/em><\/div>\n<div class=\"poemline\" style=\"text-align: center;\"><em><strong><span class=\"poemline_indentlevel_\">Only allow the spirit of lies<\/span><\/strong><\/em><\/div>\n<div class=\"poemline\" style=\"text-align: center;\"><em><strong><span class=\"poemline_number\">\u00a0<\/span><span class=\"poemline_indentlevel_\">To confirm you in magic and illusion,<\/span><\/strong><\/em><\/div>\n<div class=\"poemline\" style=\"text-align: center;\"><em><strong><span class=\"poemline_number\">\u00a0<\/span><span class=\"poemline_indentlevel_\">And then I have you body and soul.<\/span><\/strong><\/em><\/div>\n<div class=\"poemline\"><\/div>\n<h1 class=\"css-1jlz2s ejekc6u0\" style=\"text-align: center;\"><span class=\"balancedHeadline\">The Racism Inside Fire Departments<\/span><\/h1>\n<p class=\"css-1fv8d3g ewc5vgb0\" style=\"text-align: center;\"><em>When we firefighters step into a life-threatening situation, we need to work as a team. Hate and discrimination within our ranks make that impossible.<\/em><\/p>\n<p><img decoding=\"async\" class=\"css-11cwn6f\" src=\"https:\/\/static01.nyt.com\/images\/2018\/09\/12\/opinion\/12Stewart3\/12Stewart3-articleLarge.jpg?quality=75&amp;auto=webp&amp;disable=upscale\" sizes=\"((min-width: 600px) and (max-width: 1004px)) 84vw, (min-width: 1005px) 80vw, 100vw\" srcset=\"https:\/\/static01.nyt.com\/images\/2018\/09\/12\/opinion\/12Stewart3\/12Stewart3-articleLarge.jpg?quality=90&amp;auto=webp 600w,https:\/\/static01.nyt.com\/images\/2018\/09\/12\/opinion\/12Stewart3\/12Stewart3-jumbo.jpg?quality=90&amp;auto=webp 1024w,https:\/\/static01.nyt.com\/images\/2018\/09\/12\/opinion\/12Stewart3\/12Stewart3-superJumbo.jpg?quality=90&amp;auto=webp 2048w\" alt=\"\" \/><\/p>\n<div class=\"css-1h6whtw\">\n<p class=\"css-1i0edl6 e2kc3sl0\">Imagine how you would feel if you showed up at work and found a noose waiting for you. <a class=\"css-1g7m0tk\" title=\"\" href=\"https:\/\/www.washingtonpost.com\/news\/morning-mix\/wp\/2017\/11\/02\/six-miami-firefighters-dismissed-after-noose-incident\/?utm_term=.5b796d8f5006\" target=\"_blank\" rel=\"noopener noreferrer\">It happened just last year<\/a> to a young black firefighter in Miami<a class=\"css-1g7m0tk\" title=\"\" href=\"https:\/\/www.washingtonpost.com\/news\/morning-mix\/wp\/2017\/11\/02\/six-miami-firefighters-dismissed-after-noose-incident\/?utm_term=.5b796d8f5006\" target=\"_blank\" rel=\"noopener noreferrer\">.<\/a> In our profession, that garish expression of racism was unfortunately not an anomaly. In the aftermath of California\u2019s summer wildfires and the well-deserved praise of the heroism of the people who risked their lives to extinguish them, it\u2019s also important to confront the bigotry that puts individual firefighters and the people we serve at risk.<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">I\u2019ve served 35 years as a firefighter, and the racism today is as bad as I can remember. My organization, the International Association of Black Professional Firefighters, is monitoring or pursuing legal or administrative action on a dozen major cases of discrimination.<\/p>\n<p class=\"css-1i0edl6 e2kc3sl0\">Though the noose incident took place in Florida, this is not just a Southern problem. Complaints come from liberal bastions including <a class=\"css-1g7m0tk\" title=\"\" href=\"https:\/\/www.nytimes.com\/2017\/12\/06\/nyregion\/black-employees-accuse-fdny-of-discrimination.html?smid=nytcore-ipad-share&amp;smprod=nytcore-ipad\">New York City<\/a>, where just last year seven African-American employees of the Fire Department filed a lawsuit over \u201ca broad pattern of racial discrimination.\u201d In Ohio, a volunteer firefighter <a class=\"css-1g7m0tk\" title=\"\" href=\"https:\/\/www.washingtonpost.com\/news\/morning-mix\/wp\/2017\/09\/19\/ohio-firefighter-one-dog-is-more-important-than-a-million-african-americans\/?utm_term=.d79d9a7bd839\" target=\"_blank\" rel=\"noopener noreferrer\">announced on Facebook<\/a> that he\u2019d rather save a dog than an African-American. Beyond the obvious implications for citizens who might need help, this statement is representative of the kind of attitude many black firefighters confront at work each day.\u00a0 <a href=\"https:\/\/www.nytimes.com\/2018\/09\/12\/opinion\/the-racism-inside-fire-departments.html?action=click&#038;module=Opinion&#038;pgtype=Homepage\" class=\"autohyperlink\" target=\"_blank\">www.nytimes.com\/2018\/09\/12\/opinion\/the-racism-inside-fire-departments.html?action=click&#038;module=Opinion&#038;pgtype=Homepage<\/a><\/p>\n<h1 class=\"headline\" style=\"text-align: center;\"><a href=\"https:\/\/www.counterpunch.org\/2018\/09\/14\/obamas-imperial-presidency\/\" rel=\"bookmark\">Obama\u2019s Imperial Presidency<\/a><\/h1>\n<p><a href=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Obama-War-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22064\" src=\"http:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Obama-War-2.jpg\" alt=\"\" width=\"655\" height=\"615\" srcset=\"https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Obama-War-2.jpg 655w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Obama-War-2-150x141.jpg 150w, https:\/\/www.richgibson.com\/blog\/wp-content\/uploads\/2018\/09\/Obama-War-2-500x469.jpg 500w\" sizes=\"auto, (max-width: 655px) 100vw, 655px\" \/><\/a><\/p>\n<p><span class=\"post_author_intro\">by<\/span>\u00a0<span class=\"post_author\"><a href=\"https:\/\/www.counterpunch.org\/author\/carl-boggs\/\" rel=\"nofollow\">CARL BOGGS<\/a><\/span><\/p>\n<\/div>\n<p>&#8230;Obama, it turns out, was among the most militaristic White House occupants in American history, taking the imperial presidency to new heights.\u00a0 It has been said that Obama was the only president whose administration was enmeshed in multiple wars from beginning to end.\u00a0\u00a0 His imperial ventures spanned many countries \u2013 Afghanistan, Iraq, Syria, Libya, Somalia along with proxy interventions in Yemen and Pakistan.\u00a0 He ordered nearly 100,000 bombs and missiles delivered against defenseless targets, a total greater than that of the more widely-recognized warmonger George W. Bush\u2019s total of 70,000 against five countries.\u00a0 Iraq alone \u2013 where U.S. forces were supposed to have been withdrawn \u2013 was recipient of 41,000 bombs and missiles along with untold amounts of smaller ordnance. Meanwhile, throughout his presidency Obama conducted hundreds of drone attacks in the Middle East, more than doubling Bush\u2019s total, all run jointly (and covertly) by the CIA and Air Force.<\/p>\n<p>Obama engineered two of the most brazen regime-change operations of the postwar era, in Libya (2011) and Ukraine (2014), leaving both nations reduced to a state of ongoing civil war and economic ruin.<\/p>\n<p><iframe loading=\"lazy\" title=\"Marc Ribot - &quot;Bella Ciao (Goodbye Beautiful)&quot; (feat. Tom Waits)\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/50GvkAO0OIg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #0000ff;\"><strong>Solidarity for Never<\/strong><\/span><\/p>\n<h1 class=\"article-headline\" style=\"text-align: center;\">South African communists &#8216;unrelentingly opposed&#8217; to release of Chris Hani&#8217;s murderer<\/h1>\n<p><img decoding=\"async\" class=\"owl-lazy\" src=\"https:\/\/morningstaronline.co.uk\/sites\/default\/files\/styles\/article_full\/public\/Chris_Hani.jpg?itok=QzwlKGiE&amp;c=fe4f500ddb3014eb2021d8ce72e7bdfa\" alt=\"\" data-src=\"https:\/\/morningstaronline.co.uk\/sites\/default\/files\/styles\/article_full\/public\/Chris_Hani.jpg?itok=QzwlKGiE&amp;c=fe4f500ddb3014eb2021d8ce72e7bdfa\" \/><\/p>\n<p>SOUTH African communists (SACP) remain unrelentingly opposed to the release from jail of Janusz Walus, who murdered their general secretary Chris Hani, party spokesman Alex Mashilo confirmed today.<\/p>\n<p>\u201cThe assassin says he does not regret assassinating Chris Hani the communist, but the husband and father. This is nothing but an intransigent refusal to show remorse,\u201d he said.<\/p>\n<p>\u201cHani was an indivisible person. Hani the husband and father was the same person as Hani the communist. Walus\u2019s assassination of Hani the communist was in all material respects the assassination of Hani the husband and father.\u00a0 <a href=\"https:\/\/www.morningstaronline.co.uk\/article\/south-african-communists-unrelentingly-opposed-release-chris-hanis-murderer\" class=\"autohyperlink\" target=\"_blank\">www.morningstaronline.co.uk\/article\/south-african-communists-unrelentingly-opposed-release-chris-hanis-murderer<\/a><\/p>\n<h2 class=\"node__title node-title\">Why Does the Detroit Federation of Teachers Exist?<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/dft231.mi.aft.org\/sites\/default\/files\/styles\/carousel_1920x691\/public\/slide_image\/2017-10\/dsc_0820.jpg?itok=IjF2lxNa\" width=\"1920\" height=\"691\" \/><\/p>\n<div class=\"info\">\n<header>\n<h2 class=\"node__title node-title\"><a href=\"http:\/\/join.aft.org\" target=\"_top\">To Sign Up for Dues Collection Visit: Join.AFT.org <\/a><\/h2>\n<\/header>\n<p>Detroit Federation of Teachers<br \/>\n7700 Second Ave. Suite 427<br \/>\nDetroit, MI 48202-2411<br \/>\nPhone: (313) 875-3500<\/p>\n<\/div>\n<p><span style=\"color: #0000ff;\"><strong>Spy versus Spy<\/strong><\/span><\/p>\n<p style=\"text-align: center;\"><img decoding=\"async\" id=\"imgBlkFront\" class=\"a-dynamic-image image-stretch-vertical frontImage\" src=\"https:\/\/images-na.ssl-images-amazon.com\/images\/I\/41MWMi6FOOL._SX327_BO1,204,203,200_.jpg\" alt=\"\" data-a-dynamic-image=\"{&quot;https:\/\/images-na.ssl-images-amazon.com\/images\/I\/41MWMi6FOOL._SY344_BO1,204,203,200_.jpg&quot;:[228,346],&quot;https:\/\/images-na.ssl-images-amazon.com\/images\/I\/41MWMi6FOOL._SX327_BO1,204,203,200_.jpg&quot;:[329,499]}\" \/><\/p>\n<p style=\"text-align: center;\"><em><strong>Coll discusses Directorate S on Cspan<\/strong><\/em><\/p>\n<p><a href=\"https:\/\/www.c-span.org\/video\/?449746-29\/steve-coll-discusses-directorate-s&#038;playEvent\" class=\"autohyperlink\" target=\"_blank\">www.c-span.org\/video\/?449746-29\/steve-coll-discusses-directorate-s&#038;playEvent<\/a><\/p>\n<p><span style=\"color: #0000ff;\"><strong>The Magical Mystery Tour<\/strong><\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/qph.fs.quoracdn.net\/main-qimg-a67133e121c14e9cb5d4fb448ca838fd\" alt=\"Image result for violent vishnu\" \/><\/p>\n<h1 class=\"asset-headline speakable-headline\" style=\"text-align: center;\">The shadowy extremist sect accused of plotting to kill intellectuals in India<\/h1>\n<p class=\"text \" data-elm-loc=\"1\"><span class=\"dateline\">BANGALORE, India \u2014<\/span>\u00a0The killers trailed her for months, watching her every move. When the day came, they were ready for her.<\/p>\n<p data-elm-loc=\"2\">Journalist Gauri Lankesh had locked up the office of her scrappy weekly newspaper and had just returned home here when the killers arrived on a motorcycle.<\/p>\n<p data-elm-loc=\"3\">One of them \u2014 his face obscured by a helmet \u2014 drew close and began shooting. One, two, three shots. Lankesh tried to flee, but the last bullet ended her life.<\/p>\n<p data-elm-loc=\"4\">The journalist\u2019s death a year ago reverberated across India. She was given a state funeral in Bangalore, and thousands marched in protest around the country, chanting, \u201cI am Gauri. We are all Gauri.\u201d Many thought Lankesh was killed because of her outspoken criticism against the government and rising right-wing extremism.<\/p>\n<p data-elm-loc=\"6\">Police investigating the slaying think her death was part of a wider conspiracy, with evidence linking her killing to three other meticulously planned slayings of secular intellectuals since 2013. They say Lankesh\u2019s killers were associated with Sanatan Sanstha, a shadowy extremist religious sect that has been accused of using hypnotherapy to incite its followers to kill those they consider enemies of Hinduism. Investigators uncovered a hit list of more than two dozen other writers and scholars.<\/p>\n<p data-elm-loc=\"7\">The hit list and the accusations against members of Sanatan Sanstha have frightened intellectuals and raised concerns about freedom of expression in the world\u2019s largest democracy at a time when violence by fringe Hindu extremist groups \u2014 many of whom helped propel India\u2019s governing Hindu nationalist Bharatiya Janata Party to power \u2014 appears to be rising.\u00a0 <a href=\"https:\/\/www.washingtonpost.com\/world\/asia_pacific\/the-shadowy-extremist-sect-accused-of-plotting-to-kill-intellectuals-in-india\/2018\/09\/06\/d7f78514-a66a-11e8-ad6f-080770dcddc2_story.html?utm_term=.983c6130e5f0\" class=\"autohyperlink\" target=\"_blank\">www.washingtonpost.com\/world\/asia_pacific\/the-shadowy-extremist-sect-accused-of-plotting-to-kill-intellectuals-in-india\/2018\/09\/06\/d7f78514-a66a-11e8-ad6f-080770dcddc2_story.html?utm_term=.983c6130e5f0<\/a><\/p>\n<h1 class=\"trb_ar_hl_t\" style=\"text-align: center;\">San Diego&#8217;s Catholic diocese adds eight priests to list of sexual predators<\/h1>\n<p data-elm-loc=\"7\"><img class=\"trb_em_ic_img\" title=\"Predator priests\" sizes=\"(min-width: 1260px) 750px, (min-width: 1060px) calc(100vw - 559px), (min-width: 840px) calc(100vw - 419px), (min-width: 800px) 800px, 100.1vw\" srcset=\"http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/350\/350x197 350w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/400\/400x225 400w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/450\/450x253 450w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/500\/500x281 500w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/550\/550x309 550w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/600\/600x338 600w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/650\/650x366 650w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/700\/700x394 700w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/750\/750x422 750w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/800\/800x450 800w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/850\/850x478 850w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/900\/900x506 900w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/950\/950x534 950w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/1000\/1000x563 1000w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/1050\/1050x591 1050w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/1100\/1100x619 1100w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/1150\/1150x647 1150w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/1200\/1200x675 1200w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/1400\/1400x788 1400w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/1600\/1600x900 1600w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/1800\/1800x1013 1800w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/2000\/2000x1125 2000w, http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\/2048\/2048x1152 2048w\" alt=\"Predator priests\" data-baseurl=\"http:\/\/www.trbimg.com\/img-5b9b1619\/turbine\/sd-1536890387-e61tcxaf51-snap-image\" data-c-nd=\"2048x1152\" data-role=\"imgsize_srcsetdisplayitem\" \/><\/p>\n<p>..The new names \u2014 the Revs. Jose Chavarin, Raymond Etienne, J. Patrick Foley, Michael French, Richard Houck, George Lally and Paolino Montagna, plus Monsignor Mark Medaer \u2014 were released in piecemeal fashion, with critical details missing.<\/p>\n<p>This list extends the roster of predator priests established by a landmark legal case that was concluded 11 years ago. On Sept. 7, 2007, the diocese settled 144 claims of child sexual abuse by 48 priests and one lay employee. The payments totaled $198.1 million, the second-largest settlement by a Catholic diocese in the United States&#8230;.<\/p>\n<p>\u201cThey\u2019re telling me that there are now 56 priests who are credibly accused of sexual abuse in San Diego?\u201d asked Patrick Wall, a former priest who now investigates clerical sexual misconduct for a Minnesota law firm, Jeff Anderson and Associates. \u201cI believe that number to be extremely short.\u201d <em><strong>(see some of the very sharp comments) <\/strong><\/em><strong>\u00a0<\/strong><a href=\"http:\/\/www.sandiegouniontribune.com\/news\/religion\/sd-me-abusive-priests-20180906-story.html\" class=\"autohyperlink\" target=\"_blank\">www.sandiegouniontribune.com\/news\/religion\/sd-me-abusive-priests-20180906-story.html<\/a><\/p>\n<h1>German Catholic priests abused thousands of children<\/h1>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"irc_mi aligncenter\" src=\"http:\/\/www.trurodiocese.org.uk\/wp-content\/uploads\/2015\/11\/Ellie34.jpg\" alt=\"Image result for priest baptising child\" width=\"304\" height=\"177\" \/><\/p>\n<p>&nbsp;<\/p>\n<p class=\"intro\">More than half of the victims were younger than 13 and predominantly male, a new report has shown. The study&#8217;s findings were based on documented cases that occurred over more than six decades.<\/p>\n<div class=\"standaloneWrap\">\n<div class=\"imgTeaserL video\">\n<div class=\"mediaItem\" data-media-id=\"45469057\">\n<div class=\"teaserImg\">\n<div class=\"playButtonArea\">\n<div class=\"customPlayBtn\">\n<p><span class=\"playBtnText\">Watch video<\/span> <span class=\"right\">01:53<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"teaserContentWrap information\">\n<h2>Church abuse highlighted in German media leak<\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<div class=\"longText\">\n<p>A study commissioned by the German Bishops Conference examined 3,677 cases of abuse allegedly perpetrated by clergy nationwide, German magazine <em>Der Spiegel<\/em> reported on Wednesday. The universities of Giessen, Heidelberg and Mannheim were involved in the research, which implicated 1,670 priests in sexual abuse spanning from 1946 to 2014.<\/p>\n<p>The report comes amidst a resurfacing of abuse and cover-up allegations against the Catholic Church <a href=\"https:\/\/www.dw.com\/en\/chile-catholic-bishops-apologize-for-failing-sex-abuse-victims\/a-44951839\">around the world<\/a>. Pope Francis has apologized and <a href=\"https:\/\/www.dw.com\/en\/pope-vows-no-more-sexual-abuse-cover-ups\/a-45148564\">pledged to support victims<\/a> in their search for justice, but he has also been singled out for inaction against abuser priests in the past.<\/p>\n<p>The victims in Germany were predominantly male and more than half of them were 13 years of age or younger. Every sixth case involved a rape, and\u00a0in three-quarters of the cases, the victim and perpetrator knew each other through the church.<\/p>\n<p><strong>&#8216;Dismayed and ashamed&#8217;<\/strong><\/p>\n<p>&#8220;We know the extent of the sexual abuse that has been demonstrated by the study. We are dismayed and ashamed by it,&#8221; said Bishop Stephan Ackermann on behalf of the Bishop&#8217;s Conference.<\/p>\n<p>The purpose of the study, Ackermann said, was to shine a light on\u00a0&#8220;this dark side of our Church, for the sake of those affected, but also for us ourselves to see the errors and to do everything to prevent them from being repeated.&#8221;<\/p>\n<p><strong><em>More cases could exist, the study cautions, noting that the figures represent a conservative estimate.\u00a0<\/em><\/strong><a href=\"https:\/\/www.dw.com\/en\/german-catholic-priests-abused-thousands-of-children\/a-45459734\" class=\"autohyperlink\" target=\"_blank\">www.dw.com\/en\/german-catholic-priests-abused-thousands-of-children\/a-45459734<\/a><strong><em><br \/>\n<\/em><\/strong><\/p>\n<\/div>\n<\/div>\n<h1 class=\"title\" style=\"text-align: center;\">Beth Israel Chaplain Accused Of Sexually Abusing A\u00a0Child<\/h1>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"irc_mi aligncenter\" src=\"http:\/\/www.gocoos.org\/wp-content\/uploads\/2008\/10\/Baptism.jpg\" alt=\"Image result for priest baptising child\" width=\"304\" height=\"202\" \/><\/p>\n<p>BOSTON (CBS) \u2013 A priest who served at a church in Brookline and as a chaplain at a Boston hospital is accused of sexually abusing a child. Rev. Christian Ohazulume of Nigeria pleaded not guilty to three counts of aggravated and indecent assault and battery on a child under the age of 14.<\/p>\n<p>Ohazulume has been a chaplain at Beth Israel Deaconess Medical Center since 2010, according to the Archdiocese of Boston. During that time, he has also lived at St. Mary of the Assumption Parish in Brookline where he\u2019s assisted in celebrating Mass and hearing confessions.<\/p>\n<p>The Archdiocese said they received \u201can allegation of sexual abuse of a child on August 31.\u201d They say they alerted police and later removed Ohazulume from ministry.<\/p>\n<p>\u201cThe allegation was identified to have occurred in 2007, during a time he was residing with a family upon his arrival in the United States,\u201d the Archdiocese said in a statement Tuesday.<\/p>\n<p>The Norfolk District Attorney\u2019s Office said the charges were taken by Randolph Police.<\/p>\n<p>\u201cThe Archdiocese was advised by law enforcement to delay until today release of this information while they initiated their investigation,\u201d the archdiocese said in its statement.\u00a0 <a href=\"https:\/\/boston.cbslocal.com\/2018\/09\/11\/christian-ohazulume-beth-israel-deaconess-medical-center-chaplain-boston-priest-sex-abuse-allegation-randolph-police-brookline\/\" class=\"autohyperlink\" target=\"_blank\">boston.cbslocal.com\/2018\/09\/11\/christian-ohazulume-beth-israel-deaconess-medical-center-chaplain-boston-priest-sex-abuse-allegation-randolph-police-brookline\/<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"scaledImageFitWidth img aligncenter\" src=\"https:\/\/external.fsan1-1.fna.fbcdn.net\/safe_image.php?d=AQB-AxaKqhMatTLH&amp;w=476&amp;h=249&amp;url=http%3A%2F%2Fwp.production.patheos.com%2Fblogs%2Fsites%2F410%2F2018%2F08%2FPriestHandcuffs11.png&amp;cfs=1&amp;upscale=1&amp;fallback=news_d_placeholder_publisher&amp;_nc_hash=AQA98mv1gR9k18Cc\" alt=\"\" width=\"474\" height=\"248\" aria-label=\"Report: Over 300 Predator Priests, More Than 1,000 Child Victims In Pennsylvania (Image via Twitter)\" \/><\/p>\n<h1 class=\"headline mar-vert-0 heading-text-shadow\" style=\"text-align: center;\">Cardinal Cupich of Chicago says sex abuse in Church is a &#8220;distraction&#8221;<\/h1>\n<p>Statement by Tim Lennon, President of SNAP,\u00a0<a href=\"mailto:tlennon@SNAPnetwork.org\">tlennon@SNAPnetwork.org<\/a>, 415-312-5820<\/p>\n<p>Cardinal Blase Cupich recently told a group of seminarians that \u201cwhile the church\u2019s \u2018agenda\u2019 certainly involves protecting kids from harm, we have a bigger agenda than to be distracted by all of this.\u201d\u00a0The cardinal also added, \u201cI feel very much at peace at this moment. I am sleeping OK.\u201d<\/p>\n<p><a href=\"https:\/\/chicago.suntimes.com\/?post_type=cst_article&amp;p=1347183\" target=\"_blank\" rel=\"noopener\">chicago.suntimes.com\/?post_type=cst_article&#038;p=1347183<\/a><\/p>\n<p>Cardinal Cupich may be &#8216;at peace,&#8221; but all around him hundreds of thousands of victims cry out in pain, as they experience a lifetime of turmoil. The Faithful are confused and angry.\u00a0His Church is imploding.\u00a0There are calls for Pope Francis to resign. We can only shake our heads at this clueless &#8220;prince of the church&#8221; and wonder how he could possibly be at peace.\u00a0\u00a0 <a href=\"http:\/\/www.snapnetwork.org\/cardinal_cupich_of_chicago_says_sex_abuse_in_church_is_a_distraction\" class=\"autohyperlink\" target=\"_blank\">www.snapnetwork.org\/cardinal_cupich_of_chicago_says_sex_abuse_in_church_is_a_distraction<\/a><\/p>\n<p><span style=\"color: #0000ff;\"><strong>The Best and Worst Things in the History of the World<\/strong><\/span><\/p>\n<p><a href=\"https:\/\/www.facebook.com\/NowThisPolitics\/videos\/554473301677090\/?t=78\" class=\"autohyperlink\" target=\"_blank\">www.facebook.com\/NowThisPolitics\/videos\/554473301677090\/?t=78<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><iframe loading=\"lazy\" title=\"The making of River deep Mountain high (Tina Turner\/Phil Spector)\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/0yz3d5g3XkI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.facebook.com\/TheWallOfComedy\/videos\/1796471543792646\/?t=61\" class=\"autohyperlink\" target=\"_blank\">www.facebook.com\/TheWallOfComedy\/videos\/1796471543792646\/?t=61<\/a><\/p>\n<p><span style=\"color: #0000ff;\"><strong>So Long for two weeks&#8230;.<br \/>\n<\/strong><\/span><\/p>\n<p><img decoding=\"async\" class=\"spotlight\" src=\"https:\/\/scontent.fsan1-1.fna.fbcdn.net\/v\/t1.0-9\/12003035_10153512097474017_8099769867412084883_n.jpg?_nc_cat=1&amp;oh=ad8b1d16c0cbcfaba59ee76d3731968a&amp;oe=5C2E5326\" alt=\"Image may contain: 4 people, people smiling, text\" aria-busy=\"true\" \/><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We Say Fight Back! Job Action Guidelines by Rich Gibson The strike is any worker&#8217;s most potent weapon. Short of guerilla warfare or revolution, the general strike is the highest form of open resistance. School workers strikes are especially effective because they immediately ruin the baby-sitting role schools play. Hence, a strike denies surrounding companies [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22031","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.richgibson.com\/blog\/wp-json\/wp\/v2\/posts\/22031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.richgibson.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.richgibson.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.richgibson.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.richgibson.com\/blog\/wp-json\/wp\/v2\/comments?post=22031"}],"version-history":[{"count":38,"href":"https:\/\/www.richgibson.com\/blog\/wp-json\/wp\/v2\/posts\/22031\/revisions"}],"predecessor-version":[{"id":22079,"href":"https:\/\/www.richgibson.com\/blog\/wp-json\/wp\/v2\/posts\/22031\/revisions\/22079"}],"wp:attachment":[{"href":"https:\/\/www.richgibson.com\/blog\/wp-json\/wp\/v2\/media?parent=22031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.richgibson.com\/blog\/wp-json\/wp\/v2\/categories?post=22031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.richgibson.com\/blog\/wp-json\/wp\/v2\/tags?post=22031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}