Badlands Journal
Social, Economic, and Environmental Justice
But there's a practical lesson in those stats on why it's smart to hit the books: The estimated median annual earnings for someone with a bachelor's degree is around $50,846, almost double the $26,834 of someone with a high school diploma. -- Merced Sun-Star editorial board, 1-12-13.
(Merced Mayor Stan) Thurston agreed. "It's going to be the college's magnet that will bring both to this area, eventually, in the long-term," he said. "We know that in time, with UC Merced here, that is going to change, because as the university grows, high-tech companies will relocate to the Merced area to support the university." ...Officials believe those numbers will gradually increase. Aguilar said that before UC Merced was established, students didn't have access to pursue a higher education "in their own backyard." -- Yesenia Amaro, Merced Sun-Star, Jan. 11, 2013
When your car loses control on the black ice and is sliding toward the railing beyond which is the canyon, time seems to slow down. It seems to take you ever so long to get to the railing, to break through and start falling. Everybody knows the sensation. It even happens to whole societies in periods immediately prior to wars. Robert Musil's The Man Without Qualities about Vienna in the year before the beginning of World War I is a masterpiece on this subject.
What is intolerable about UC Merced is not its horrendous, on-going and future costs, the incredible number and size of the lies told to the public, the state Legislature and state and federal resource agencies, or its arrogance, condescension and deep anti-intellectualism: what is intolerable about UC Merced is that it is abysmally boring and predictable.
There is much to study in the weekend's financial news but we came away with one new insight about an old problem: as public debt grows, public services decline; as public services decline, less taxable revenues are circulating, which makes the problem worse and worse. Today we see Gov. Jerry Brown, who won his tax increase, deciding how to spend it -- on services or on buying California out of debt. Or what mixture of the two?
To help the reder imagine a different point of view from this fearful and mindless oil-company propaganda from the McClatchy Chain's Fresno outlet, we've included a brief quote from The Ecological Rift (MR Press, John Bellamy Foster,Brett Clark, and Richard York, 2010). -- blj
12-31-12
Fresno Bee
Chevron's CEO: Affordable energy is crucial…Jonathan Fahey, AP Energy Writer…12-27-12
A few tools for digging our own graves
Submitted: Dec 29, 2012
By:
Badlands Journal editorial board
Cities with highest unemployment:
El Centro, Calif. 27.2
Yuma, Ariz. 23.7
Merced, Calif. 16.9
Yuba City, Calif. 16.8
Fresno, Calif. 15.7
Modesto, Calif. 15.5
Stockton, Calif. 15.5
Visalia-Porterville, Calif. 15
Hanford-Corcoran, Calif. 14.7
Madera-Chowchilla, Calif. 14.3
Cities with the lowest unemployment rates were as follows:
Included are: an article by Pam Martens on public banking: AB 2500, a public banking bill in the California state Legislature; and an analysis of AB2500 The bill was introduced by Assemblyman Ben Hueso, D-Chula Vista, who withdrew it from a committee hearing in April of the 2011-12 session. We don't know if he will reintroduce it in the 2013-14 legislative session.
Badlands Journal editorial board
11-15-12
Wall Street On Parade
← Four Years Later, More Madoff Details Emerge
The headlights are the coming collapse of the exchange value of the dollar, the world's previous reserve currency; the deer is the US Congress.
The article below, written by Paul Craig Roberts, is another, even sharper statement by the member of former Pres. Reagan's Treasury Department of his basic, preidcitive premises: off-shoring American jobs has been an economic disaster; saving the banks rather than the economy has been another economic disaster; and imperial wars are the third.
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