Coral Gables Environment, Politics and Government
August 15, 2010 Leave a comment
Quote of Mr. Juan del Busto, Regional Executive of the Federal Reserve Bank of Atlanta.
..we still have significant progress to make in order to achieve a sustained recovery at the level necessary to improve the unemployment and foreclosure rates.”
August 15, 2010 Leave a comment
These are international views of what is happening in the US. Coral Gables cannot “power ahead” in this kind of world in which the middle class is reducing is standard of living on a grand scale.
Growth rates are stuttering and a recovery is struggling to take hold. It may even now be showing signs of going backwards again, as countries such as Germany start to power forward. Joblessness has taken hold in America, with the numbers of long-term unemployed reaching levels not seen since the Depression of the 1930s. The figures are frightening and illustrate a society that remains in deep trouble.
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America appears to be a society splitting down the centre, shattering the middle class that long formed the cultural bedrock of the country and dividing it into a country of haves and have-nots. “A once unthinkable level of economic distress is in the process of becoming the new normal,” warned Nobel-prize winning economist Paul Krugman in a recent New York Times column. Or, as Steven Green, an economics lecturer at Baylor University, put it to the Observer: “We are really in a tough spot right now.”
via Jobless millions signal death of the American dream for many | World news | The Observer.
August 15, 2010 Leave a comment
Hopefully, the World will do a better job now of helping so many victims. This is a large-scale disaster indeed.
With more than 1,600 people confirmed dead and as many as 20 million made homeless, the country is reeling from the scale of the catastrophe brrought by torrential monsoon rains.
[Prime Minister] Gilani said Pakistan now faced challenges similar to those during the 1947 partition of the subcontinent, when as many as 500,000 people were killed.
His warning came amid amid growing fears of social unrest or even a military takeover after the government’s shambolic response to the floods.
via Pakistan floods: UN urges world to step up aid efforts | World news | The Guardian.
August 14, 2010 Leave a comment
For those of you who still have doubts about global warming and might have thought that the warming had stopped in the late 1990’s.
To properly understand what’s happening to our climate, you have to consider the full body of evidence. Most arguments that support climate skepticism have one thing in common — they neglect the full body of evidence and cherry pick just the select pieces of data that support a particular point of view. There is one argument that is so misleading — it requires 3 separate levels of cherry picking. This argument is “global warming stopped in 1998“.
via Yes, global warming has continued since 1998 « Climate Progress.
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