Month: December 2013

December 23, 2013 0

A carbon-reduction tax credit is a carbon tax, and that’s a good thing

By News Desk

Tweet Stoats of the world can take pleasure in this proposal by outgoing senator Max Baucus to simplify the approximately one billion Amercian clean energy tax incentives and to provide instead a tax credit based on how much carbon reduction (above a threshold) is produced per unit of electricity or unit of transportation fuel. There’s no economic difference between providing a tax credit that reduces from a higher baseline, versus imposing a tax that increases from a lower baseline, so long as they’re equally comprehensive

December 23, 2013 0

Thailand: Third Mass Mobilization Floods Bangkok’s Streets

By News Desk

Since the 2006 coup that toppled his regime, Thaksin has been represented by US corporate-financier elites via their lobbying firms including,  Kenneth Adelman  of the  Edelman PR firm  ( Freedom House ,  International Crisis Group , PNAC ), James Baker of  Baker Botts  ( CFR , Carlyle Group ),  Robert Blackwill  ( CFR ) of  Barbour Griffith & Rogers (BGR) ,  Kobre & Kim ,  Bell Pottinger  ( and here ) and currently  Robert Amsterdam  of  Amsterdam & Partners  ( Chatham House ). The protesters then, see the privatization and selling off of Thailand’s natural resources and infrastructure, the pending FTA’s the regime has been attempting to pass, the chaos in the nation’s south, the atrocious "war on drugs," and the use of Thailand to serve the strategic interests of the West, in particular the United States, as intolerable.

December 23, 2013 0

Christmas Sales Decline at Target in Wake of 40 Million "Compromised Credit" Cards; Stolen Cards for Sale on Black Market

By News Desk

The Washington Post has details in Target says 40 million credit, debit cards may have been compromised Company officials offered few details on the intrusion, which reportedly began the day before Thanksgiving and lasted until Sunday this week. Security experts said that the kind of information stolen – including names, card numbers, expiration dates and three-digit security codes – could allow criminals to make fraudulent purchases almost anywhere in the world. The breach highlighted vulnerabilities in the massive, interconnected shopping systems used for billions of dollars of retail transactions every day.