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ECB’s Trichet rejects view of Weber on bond buying

first_imgSunday 17 October 2010 11:04 pm Show Comments ▼ ECB’s Trichet rejects view of Weber on bond buying Share whatsapp whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrapcenter_img KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTaco RelishOnly People With An IQ Of 130 Can Name These ItemsTaco RelishMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUpbeat NewsThese 25 Celebrities Ruined Their Career in a Matter of MinutesUpbeat News EUROPEAN Central Bank (ECB) president Jean-Claude Trichet has taken issue with recent comments on ECB policy by Bundesbank chief Axel Weber, saying they did not represent the views of the central bank’s governing council.In an interview with an Italian newspaper yesterday, Trichet said the governing council as a whole did not agree with Weber’s remark last week that the ECB’s government bond-buying programme had not worked and should be scrapped.“No! This is not the position of the Governing Council, with an overwhelming majority,” he said, according to an English transcript of the interview published on the ECB’s website. “This non-standard measure, like all other such measures, was designed to help restore a more normal functioning of our monetary policy transmission mechanism. And we are withdrawing all the liquidity, euro for euro, that is supplied through this programme,” he said.He also struck a less hawkish note on interest rate policy than Weber, an influential member of the governing council and one of the top candidates to take over when Trichet’s own ECB term expires next year. Tags: NULLlast_img read more

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Thorntons unveils new boss

first_img Share More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Wednesday 3 November 2010 9:30 pm Tags: NULL CHOCOLATE retailer Thorntons has appointed Caffé Nero managing director Jonathan Hart as its new chief executive.Hart will take up his post on 4 January and will be charged with restoring momentum to the confectioner’s high street operations, which have suffered from falling sales in recent months.During five years with Caffé Nero, he doubled the coffee chain’s high street presence to more than 400 stores. Hart spent more than a decade with Dixons Group and also worked as an executive at Woolworths.“Jonathan brings a wealth of relevant experience to Thorntons from the retail and consumer goods sectors,” said Thorntons chairman John von Spreckelsen.“He has an impressive track record in successfully running a number of multi-channel businesses, including concessions, and a proven track record in the development of retail format strategies, new product development and launches.”Caffé Nero saw revenue of £153.6m for the year to the end of May under Hart.Meanwhile, Thorntons had issued a profits warning in April and announced that chief executive Mike Davies would be stepping down. The Derby-based company has been forced to shed staff after a series of poor results.Finance chief Mark Robson had been running the Thorntons business. He will revert to his old job once Hart arrives in January. Thorntons today has a £180m turnover of nearly 400 shops and cafes and around 200 franchises.It is the UK’S largest independent chocolate and confectionery firm after Kraft took over Cadbury.JONATHAN HARTINCOMING CHIEF EXECUTIVE OF THORNTONSJONATHAN Hart previously worked at Caffe Nero as managing director, where he was part of the small team which completed the management buyout of the chain in early 2007. Prior to his appointment at Caffe Nero, Hart held a number of substantial retail jobs including at Dixons, Woolworths and Tesco as well as being managing director at Abbey National and chief executive of ITM Communications. At Dixons he introduced satellite TV and consumer PCs, developed the Dixons Tax-Free format, created The Link, lead a green-field e-commerce start-up in Paris and latterly as group managing director managed all of the group’s high street businesses. At Woolworths he developed the group’s out-of-town business and at Abbey ran the banking retail network.“Jonathan has an impressive track record in successfully running a number of multi channel businesses,” says Georgina Hall, a spokeswoman for Thorntons.“He has experience in managing and driving improvements and there are a number of significant direct comparisons between the challenges of operating the small retail unit sizes at Caffè Nero and in Thorntons, as well as a comparable retail brand proposition of mass premium.” whatsapp whatsapp Show Comments ▼ KCS-content Thorntons unveils new boss last_img read more

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Deutsche Bahn sells Arriva ops

first_imgTuesday 7 December 2010 8:32 pm Deutsche Bahn sells Arriva ops Share whatsapp KCS-content Show Comments ▼ Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof whatsapp Tags: NULL German state railway Deutsche Bahn (DB) is off-loading the German transport operations of UK bus and train group Arriva to a consortium led by Italian national railway Trenitalia for about £143.3m, it emerged yesterday. DB is selling the business to the consortium, which is also understood to include Luxembourg infrastructure fund Cube, under EU?competition rules imposed when it bought Arriva this year. DB declined to comment on the disposal before today’s meeting of its supervisory board, which must approve the deal. last_img read more

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As the stock market crash continues, I’d invest in these FTSE 100 winners

first_img “This Stock Could Be Like Buying Amazon in 1997” I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Manika Premsingh The FTSE 100 index closed above 5,000 yesterday. But it’s still much lower than where it started the year. In other words, a stock market crash is well and truly underway.This is despite the US Fed’s sharp policy actions over the weekend. It cut interest rates to zero and announced bond purchases worth billions of dollars. I reckon that the resulting increased liquidity in the system will help markets get back on their feet.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…However, the economy will take longer to recover, especially if COVID-19 continues to keep the world at a stand-still. Even if the economy does recover soon, not all sectors are going to be back in health. Travel is an obvious example, which impacts the likes of airlines and cruises.But many others segments of the economy will recover. Indeed, some won’t need to recover, as they are doing well right now, despite all. One example is delivery companies. The first news item I read yesterday morning was about Amazon ramping up hiring by a 100,000 people in the US, as online sales rise.I haven’t found any announcements from UK-based companies yet, but share prices and anecdotal evidence suggest that the segment is gaining here too. The stock market crash benefits grocery deliveries…The FTSE 100 online grocer Ocado (LSE: OCDO) saw a 10.4% jump in share price yesterday despite the stock market crash. The likes of OCDO are part of the big disruptive change sweeping across retail that will define the future of the sector in any case.The current times have added another layer of disruption, which is benefiting these change makers. Now more than ever, there’s little reason for the long-term investor not to bet on OCDO. Its share price has been on the rise on average for the past four years. If I had invested in it in 2015, I’d be laughing my way to the bank by now.…..as well as food delivery servicesSimilarly, the FTSE 100 food delivery service Just Eat Takeaway.com (LSE: JET) saw a 10.5% increase in share price at the last close. It’s evident why. According to a report by The Guardian, takeaway and fast food sales rose by 8.7% in February because of the coronavirus outbreak and recent storms. Further, to address the risk of spreading coronavirus, it’s launched a ‘no contact’ policy, where food is delivered to the customers’ doorstep, with no engagement with the person delivering the food. This could further boost sales while they are already on the rise. Over the longer term, the segment is only likely to benefit from the increase in online sales, much like OCDO. JET’s already in a leadership position, with Just Eat and Takeaway.com’s merger having created one of the largest food delivery companies in the world.  The future of the entity is yet to play out, but the latest developments give room for positive expectations. If the COVID-19 crisis continues and spurs deliveries further, at a time when many other businesses are languishing, both OCDO and JET could be miles ahead by the time normalcy returns.  Enter Your Email Address Manika Premsingh | Wednesday, 18th March, 2020 | More on: JET OCDO Image source: Getty Images. Manika Premsingh has no position in any of the shares mentioned. The Motley Fool UK has recommended Just Eat Takeaway.com N.V. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! As the stock market crash continues, I’d invest in these FTSE 100 winners Simply click below to discover how you can take advantage of this.last_img read more

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Casa Beretzen / Christoffersen & Weiling Architects

first_imgCasa Beretzen / Christoffersen & Weiling ArchitectsSave this projectSaveCasa Beretzen / Christoffersen & Weiling Architects Houses ArchDaily Denmark “COPY” Photographs:  Tina StephansenConsultant:Lars MortensenCity:AarhusCountry:DenmarkMore SpecsLess SpecsSave this picture!© Tina StephansenRecommended ProductsWindowsLibartVertical Retracting Doors & WindowsWoodSculptformTimber Click-on BattensWindowsJansenWindows – Janisol PrimoEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsText description provided by the architects. Casa Berentzen is a villa for a family of four; a father, mother and two daughters. The house is located in Jutland, more specifically South of Aarhus, Denmark’s second largest city. The site is situated on the edge of the city but faces an open landscape. In addition to the house, the dwelling consists of a garage and a closed courtyard. The two-story dwelling is designed with an understanding of the sites inherent views, sun orientation, and clients desire for privacy, and the house’s program is carefully considered around the family’s daily life. The upper level contains the kitchen, dining room, living room, and adjacent courtyard.Save this picture!© Tina StephansenSave this picture!Upper Floor PlanSave this picture!© Tina StephansenThe living room is located to the north and enjoys views across the landscape, the dining area is located towards the south and is closely connected to the entrance. These three large living spaces are all located on the western side of the house and are connected, whilst at the same time allowing them to be closed off individually as required. The more private spaces such as the master bedroom, walk-in and en-suite for the parents are located along the Eastern side of the building. This section also includes the entrance hall, which is used both by the family and for formal occasions. The daily entrance, via the garage, is connected to both the entrance hall and the kitchen.Save this picture!© Tina StephansenThe two daughters have their own area on the lower floor, which consists of their private rooms, a common dance studio, a workroom, bathroom and walk-in wardrobe. The interior of the house is designed based on a desire for clear lines of sight, emphasizing the pure architecture by capturing daylight and views. The materials are predominantly travertine, light oak and white walls and ceilings. The exterior of the house is predominantly comprised of a long slim format brick, which contrasts the soft interior. The robust and distinctive brick exterior of the house contrasts against the rolling Danish landscape. The brickwork is divided into three distinctive brick bands which encompass both, the garage building and accompanying patio, and define the windows as glass voids within the rustic brickwork.Save this picture!© Tina StephansenProject gallerySee allShow lessEurojust HQ / MecanooSelected ProjectsBrolettouno Apartment / ArchiplanstudioSelected Projects Share Casa Beretzen / Christoffersen & Weiling Architects CopyHouses•Aarhus, Denmark Photographs Architects: Christoffersen & Weiling Architects Area Area of this architecture project Projects Area:  360 m² Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/884264/casa-beretzen-christoffersen-and-weiling-architects Clipboard 2016 Save this picture!© Tina Stephansen+ 18 Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/884264/casa-beretzen-christoffersen-and-weiling-architects Clipboard Year:  CopyAbout this officeChristoffersen & Weiling ArchitectsOfficeFollowProductsWoodConcreteBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesAarhusDenmarkPublished on November 27, 2017Cite: “Casa Beretzen / Christoffersen & Weiling Architects” 27 Nov 2017. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogShowerhansgroheShowers – Croma SelectGlass3MGlass Finish – FASARA™ GradationPartitionsSkyfoldVertically Folding Operable Walls – Zenith® SeriesWall / Ceiling LightsCocowebLighting – Blackspot LED Barn LightUrban ApplicationsIsland Exterior FabricatorsPublic Safety Answering Center II Envelope SystemCeilingsSculptformTimber Batten Ceiling in All Souls ChapelHanging LampsLouis PoulsenLamp – PH 5 + PH 5 MiniGlazedGrespaniaWall Tiles – Porto PetroThermalSchöckInsulation – Isokorb® Concrete to SteelCeramicsTerrealTerracotta Baguettes in Vork CenterCompositesLamitechPlastic facades PanelexCarpetsHalcyon LakeCarpet – Nobsa GreyMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream “COPY”last_img read more

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Brighton House / Martin Friedrich Architects

first_img Photographs Projects “COPY” 2017 Brighton House / Martin Friedrich Architects CopyHouses•Brighton, Australia 1186 Pty Ltd, Matt Trihey Year:  Architects: Martin Friedrich Architects Area Area of this architecture project Photographs:  Derek Swalwell Manufacturers Brands with products used in this architecture project Manufacturers: Apaiser, Cosh living, Domo, Dulux, Gallotti & Radice, Hub Furniture, Jardan, Meizai, Miele, Poliform, Qasair, RC+D, Real Flame, Alfa glass, Artedomus, Elite, Elite Door & Tap Hardware, Future Wood, Interstudio, Kerry Armstrong, +6Lights & tracks, Melma Hamersfield, Outback Concrete, SMG Stone Company, Space Furniture, Surround Interiors-6 Jodie Roach Landscape Design “COPY” Australia Brighton House / Martin Friedrich ArchitectsSave this projectSaveBrighton House / Martin Friedrich Architects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/892025/brighton-house-martin-friedrich-architects Clipboard Area:  458 m² Year Completion year of this architecture project CopyAbout this officeMartin Friedrich ArchitectsOfficeFollowProductsWoodGlassConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesBrightonAustraliaPublished on April 09, 2018Cite: “Brighton House / Martin Friedrich Architects” 09 Apr 2018. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPartitionsSkyfoldVertically Folding Operable Walls – Zenith® SeriesVinyl Walls3MExterior Vinyl Finish – DI-NOC™ StoneShowerhansgroheShowers – Croma SelectDoorsRaynorGarage Door – Advantage SeriesConcreteSika3D Concrete PrintingSignage / Display SystemsGoppionDisplay Case – Bre-ClassSkylightsVELUX CommercialModular Skylights in Atelier Zimmerlistrasse OfficeWindowsswissFineLineSliding Windows in Villa LakesideSuspension SystemsMetawellAluminum Panels for Smart CeilingsGlassDip-TechDigital Ceramic Printing in Roofs & CanopiesSound BoothsFrameryMeeting Pod – Framery Q – Flip n’ FoldWall / Ceiling LightsAsaf WeinbroomLighting – Linestra 110 BrassMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Premium Electrics, Shane Mettes Landscape Designer: Save this picture!© Derek Swalwell+ 27Curated by Fernanda Castro Share Builder: Houses Engineering:Con Vayenas, Vayco StructuresJoinery:Martin Friedrich Architects, Lior Morsky Touchwood CabinetryGates And Metal Work:Hiba Design & ConstructionStairs:Martin Friedrich Architects, Slattery Acquoff StairsArchitects In Charge:Martin Friedrich, Prashanth Iyer, Neha GulatiCity:BrightonCountry:AustraliaMore SpecsLess SpecsSave this picture!© Derek SwalwellRecommended ProductsWindowsOTTOSTUMM | MOGSWindow Systems – BronzoFinestra B40DoorsdormakabaEntrance Doors – Revolving Door 4000 SeriesDoorsEGGERWood Laminate Doors in Molecular Plant Science InstituteGlassLAMILUXGlass Roof PR60 PassivhausText description provided by the architects. A young couple with 3 children approached Martin Friedrich Architects after seeing our Brighton town house project. They loved the clean modern lines, look and feel of this project, however wanted a more playful and fun house. This was to reflect their personality, active lifestyle and love of entertaining.Save this picture!© Derek SwalwellThe brief was to highly renovate their existing house largely from the 1980’s albeit was actually a renovation of a 1930’s house. They wanted to open up the small tight passages with low ceilings, create large spaces in the living zones and bring in light into this dark house. Planning regulations also allowed for reduced side setbacks based on the precedence set by an existing building. However after all of this, the existing house was of such poor construction that it was largely unusable albeit we still followed much of the existing side envelope.Save this picture!© Derek SwalwellThe bold new façade, greets visitors with strong sweeping forms of 2 storey curved cast in situ concrete. These envelop and frame the existing outline of the building and projecting balcony and entry canopy below. The façade is further broken up by double storey full height glazing. A 2-storey band of black Japanese oak sharply contrasts against the minimalist pallet of white render.Save this picture!© Derek SwalwellSave this picture!Ground Floor Plan ASave this picture!© Derek SwalwellSave this picture!First Floor Plan AUpon entering through the extended entry curve, broken up by steps and planter box, eyes are drawn to the expansive free flowing stair beyond. The curves of this serve to direct you to the 2-storey atrium space that literally cuts through the building forming a formal lounge and piano room. On the first floor above sweeping bridges serve to connect the parents, children and guest wings all of which have walk in robes and ensuites.Save this picture!© Derek SwalwellIn the piano room, a bronzed mirror wall with inlaid circles stretches right up to the ceiling of the first floor continuing the strong curved language of the building. The mirror reflects the antique grand piano giving a strong contrast between old and new.Save this picture!© Derek SwalwellThe substantial lounge, dining and kitchen space is light filled from a full height window that wraps and forms the skylight above, which literally slices right across this space. The polished concrete floor flows seamlessly out onto timber decking with balcony above. This decking serves to breakup matching concrete paving albeit with a sawn cut finish.  Outside one can enjoy the basketball, cricket, in-ground trampoline and netball areas. These are surrounded by an infinity edge spa and pool, adjoining a wave style pool house.Save this picture!© Derek SwalwellProject gallerySee allShow lessVanke Experimental Kindergarten / Atelier Liu Yuyang ArchitectsSelected ProjectsTelevic / Tv Architectenbureau Naert + Declerck-DaelsSelected Projects Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/892025/brighton-house-martin-friedrich-architects Clipboard ArchDaily Electrical Contractor: last_img read more

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‘The Socialist Manifesto’ and the rise of social democracy

first_imgWriters across the range of socialist and communist groups are openly grappling with strategies to achieve socialism. Every viable socialist organization needs an analysis of the past in order to look toward the future. With the growth of social-democratic organizations, how should revolutionaries view the path toward socialism? Bhaskar Sunkara, the founder of Jacobin magazine as well as a former vice chair of the Democratic Socialists of America, is one of the most influential leaders in the growing U.S. socialist movement. Jacobin, with over 40,000 subscribers and millions of online views a month, is a major venue for ideological and practical debate. With 60,000 members, DSA has become the largest organization publicly identified with socialism. Sunkara’s book, “The Socialist Manifesto, The Case for Radical Politics in an Era of Extreme Inequality,” reviews the history of various trends within the socialist movement from a social-democratic viewpoint.Originally titled “Socialism in Our Time,” “The Socialist Manifesto” is part historical analysis of workers’ states and capitalist social democracies, part hypothetical social-democratic future, and eventually a 15-point call to action which synthesizes Sunkara’s interpretation of the past and compels the development of “class struggle social democracy.” The author of this “Manifesto” ignores the control by the corporations and ruling billionaires over the state apparatus — the FBI, COINTELPRO, the Pentagon, the police, the courts and the prisons. Here, police prepare to attack Indigenous and other protesters against the Dakota Access pipeline.Electoral road to ‘democratic socialism’Sunkara has never argued for a socialist revolution similar to those led by the Bolsheviks, the Chinese Communist Party or the July 26th Movement in Cuba. Throughout his book, Sunkara goes to great lengths to reiterate numerous popular talking points on what he considers the limitations of these revolutions. One could find these in any bourgeois newspaper.Sunkara acknowledges some failures of social-democratic parties to build socialism. He acknowledges the shortfalls of the Social Democratic Party in Germany which enabled World War I, the rise of Hitler and the annihilation of German communists.  Seeking a hopeful example of successful social democracy leading in the direction of socialism, Sunkara looks fondly at the five decades of social democracy in Sweden — or in his words, “the most humane social system ever constructed” (p. 14). Sunkara laments the lost potential for 1970s Sweden to transition from social democracy to democratic socialism. The main components of the capitalist economy — the banks, major industries and the state — still remained under the control of a few Swedish families. Unsurprisingly, the 15 families who owned the vast majority of the economy blocked legislation to create wage-earners’ funds which would allow workers eventually to collectively own these industries.There is no mention of Sweden’s supplying the Nazis with iron ore, its pillaging of African nations, its sending of over 6,000 troops to Congo in 1960 in an effort that led to the assassination of Patrice Lumumba, or of Sweden taking control of Congo’s copper mines. Swedish imperialism’s junior partnership with other leading empires is omitted, much in the same way that the Marxist-Leninist concept of imperialism is ignored. Sunkara sees the transition from social democracy to democratic socialism in hypothetical thought exercises like this one about the U.S. in 2036: “With more decisions in the hands of ordinary people, civil life is full of political debate and new ideas. Even distributional questions are still not settled: a center-right party advocates for more market incentives and a reduction in the basic income; a center-left party questions traditional metrics of growth, proposing a happiness index instead; an internationalist left calls for more vigorous support for the workers’ movement abroad and more extensive democratic planning at home. And yes, there is a Right calling for the restoration of capitalism, but its support diminishes over time, much like monarchism slowly lost supporters in the nineteenth and twentieth centuries” (pp. 27-28).Further elaborating, at the end of the book, Sunkara writes: “Our task is formidable. Democratic socialists must secure decisive majorities in legislatures while winning hegemony in the unions. Then our organizations must be willing to flex our social power in the form of mass mobilizations and political strikes to counter the structural power of capital and ensure that our leaders choose confrontation over accommodation with elites. This is the sole way we’ll not only make our reforms durable but break with capitalism entirely and bring about a world that values people over profit.” ‘Denial of class dictatorship’This conception of a multiparty U.S. Congress striving toward democratic socialism denies the reality of the class dictatorship in which we currently live. This democratic transition to socialism ignores the control by the corporations and ruling billionaires of the state apparatus — the FBI, COINTELPRO, the Pentagon, the police, the courts, the prisons, etc. —  and the impact of bourgeois control over education, the media, and religious and cultural institutions. This state enforces all forms of racist, ableist, misogynist, patriarchal, class oppression. While it may be attractive to imagine a peaceful transition to socialism, this exercise denies that the history of the U.S. is one of occupation, economic sanctions, police and military violence, and genocidal attacks on every country that has attempted to break free from Wall Street domination. The question of which class will control the state — the billionaires or the working class — is not resolved by Sunkara’s imagined scenarios. His gradualistic hypothesis at best mediates class conflict, but it cannot lead to the establishment of a bonafide workers’ state.V.I. Lenin’s classic “The State and Revolution,” based on lived, revolutionary experience, reads like a direct response to “The Socialist Manifesto” as it answers such utopian visions of socialist transformation. Lenin writes in the first chapter: “If the state is the product of the irreconcilability of class antagonisms, if it is a power standing above society and ‘alienating’ itself more and more from it; it is clear that the liberation of the oppressed class is impossible not only without a violent revolution, but also without the destruction of the apparatus of state power which was created by the ruling class and which is the embodiment of this ‘alienation.’” Lenin goes to lengths to challenge writers of his day who, like Sunkara, advocated for reform of capitalist governing structures.Imperialism, national liberation and opportunismLeninists have always pointed to how national liberation and socialism have been vitally connected over the past 100 years of socialist revolutions. Sam Marcy, the founding chairperson of Workers World Party, explained this significance in 1983, writing: “Of all the great domestic political problems facing the working class and the oppressed people, none surpasses in importance the relationship of national oppression to the class struggle. Indeed, one may say that it is at the heart of the basic social problem in the United States. It touches every form of social existence, and no sector of society is free from it.”Sunkara says the left should be “universalist” and that a “democratic class politics is the best way to unite people against our common opponent and win the type of change that will help the most marginalized” (p. 236).  This represents a dominant view within the DSA, which has downplayed the relevance of special oppressions like racism, sexism, ableism and anti-LGBTQ2S+ oppression (“identity politics”) in favor of a purportedly class-focused approach. Sunkara rarely mentions fighting racism or other forms of oppression as a key component of fighting for socialism. Throughout his chapter on the history of socialism in the U.S., the vast majority of his discussion focuses on Eugene Debs, the Socialist Party, the Communist Party, and later Michael Harrington and DSA. There is no mention of the Black Panther Party, the Brown Berets, the Young Lords or any other national liberation struggles inside the U.S. which combined the struggle against racism and the struggle for socialism. In the era of imperialism, supporting national liberation and fighting racism are fundamental to an international socialist strategy. Sunkara discounts the efforts of China, Angola, Vietnam, Korea and beyond, calling them using socialism to command a type of authoritarian capitalist development. Cuba, covered in a scant, disparaging four paragraphs, is considered a “revolution from above” whose future is in the “hands of a new generation of state bureaucrats and reemerging business interests” (p. 155). This analysis is shocking to those who have seen Cuba’s radical democracy firsthand and admire the leaders’ ability to mobilize and unite with the people to defend their revolution. Venezuela, perhaps the greatest example in recent history of how mass socialist parties can use existing electoral processes to win major gains and expand true democracy and human rights for the most oppressed, is not mentioned once. Yet the challenges currently facing Venezuela demonstrate exactly the need for a socialist revolution to disarm and dismantle the oligarchy and the imperialists, who bear responsibility for Venezuela’s problems today. Sunkara holds the view that socialism can only be built in “developed” imperialist countries. This, like his elevation of Swedish social democracies over the victories of billions of people from countries oppressed by imperialism, and the way he and others in DSA promote class over identity politics, reeks of chauvinism. At the same time, Sunkara’s “class-based,” social-democratic gradualism represents a negation of the foundation of scientific Marxism: the irreconcilability of class antagonisms between labor and capital. To argue that socialism can be achieved peacefully via the bourgeois electoral process is to mislead and disorient the working class and the oppressed. History — consider the bloody 1973 CIA coup in Chile — has proven the opposite. Ultimately, Sunkara’s brand of socialism seeks to be respectable to bourgeois, anti-communist intellectuals as well as the more privileged sectors of the working class, who see no future beyond imperialism and thus seek an opportunist compromise on essential socialist values. Opposing U.S. imperialism at every turn; supporting the abolition of the capitalist police, military and state structures; fighting racism and all forms of oppression; and defending countries that are building socialism from imperialist attacks are key principles of a revolutionary strategy. Turning back the clock on imperialism’s decay“Social democracy was always predicated on economic expansion” (p. 123). Sunkara is correct in that social democracy has made gains in periods of imperialist expansion. Unfortunately for social democracy, the owners of capital face a systemic crisis. The growth of high-tech capitalist production — originally designed to maximize profits by minimizing the number of workers — has become so capital-intensive that it leads to what Marx explained was “the falling rate of profit.” In fact, this is the terminal period of imperialism, a decadent system which has plundered the earth so thoroughly that all life is threatened.As Marx explained, the capitalists must “expand or die,” and at this time they are struggling to open new markets and grow their profits. Precisely because the system is so productive, capitalism has entered a period of permanent overproduction. There is little room for the “economic expansion” that is the material basis of social democracy.For the past two decades of “jobless recoveries,” workers have continued to be thrown out of the labor market while capitalists invest stolen wages in the financial sector rather than the productive economy.The global labor market has doubled in the past 30 years, meaning the capitalists have at their disposal a larger “reserve army of labor,” as Marxists put it. They no longer need as many comparatively privileged workers in the imperialist countries. White supremacist terror, permanent austerity, low wages, shorter life expectancies and the expansion of mass incarceration are symptoms of the crisis of imperialism. Given this context, Sunkara has absurdly sought to turn back time to an idealized compromise between the capitalists and the workers. Rebuild the communist movementKarl Marx and Friedrich Engels wrote “The Communist Manifesto” in the revolutionary period of 1848. “The Communist Manifesto” represented a leap forward in the science of revolution which has inspired billions of people to this day. “The Socialist Manifesto,” written in a time when the international socialist movement has suffered serious losses, reflects the weakness of the left and the inability to see beyond capitalism.Meanwhile, the earth is on fire because of the policies of the Pentagon, U.S. banks and corporations. We don’t have time to compromise with these capitalists. To defend the future of humanity, we must fight for working-class control to defeat the very banks and corporations that threaten life. Revolutionary socialist, Leninist and communist parties have seen growth in recent years, although, for now, nothing as dramatic as DSA. These organizations, like Workers World Party, tie their politics to the experiences of successful revolutions across the world that have occurred since the Bolshevik Revolution, including their analysis of capitalism; imperialism; racism; gender, sexuality and ableist oppressions; defense of socialist countries; and solidarity with the most oppressed. We must dedicate ourselves to popularizing these principles of Leninism and continue fighting for socialist revolution. FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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Growth Energy Applauds California Delegation Letter to EPA

first_imgHome Energy Growth Energy Applauds California Delegation Letter to EPA Facebook Twitter Growth Energy Applauds California Delegation Letter to EPA SHARE SHARE By Gary Truitt – Aug 9, 2016 Previous articleHoosier Ag Today to Live Video Stream Lt. Governor Debate on AgricultureNext articleFarmland Values Dip Amid Lower Crop Prices Gary Truitt Today, representatives from the California delegation sent a letter to Environmental Protection Agency (EPA) Administrator Gina McCarthy, urging the EPA to finalize blending targets under the Renewable Fuel Standard (RFS) to the statutory limits as originally called for by Congress. The letter highlights the importance of this program, and points out the EPA’s flawed methodology that would absolve the obligated party’s requirements to continue to provide higher biofuel blends. Emily Skor, Growth Energy CEO, issued the following statement:“The letter explicitly urges EPA to put the RFS program back on track by finalizing blending targets that are in line with Congress’ original intent. The RFS program has been a resounding success. EPA’s methodology, as it currently stands will let the obligated parties off the hook, decreasing the commercial availability of higher blends, such as E15. By returning to the statutory levels, the administration would will send a signal to the renewable fuels industry that they are committed to achieving the goals of carbon reduction, a free and fair fuel marketplace where consumers have a choice, and reaffirm their commitment to reduce our dangerous dependence on foreign oil.“We commend these members of Congress for supporting renewable fuels by acknowledging the industry’s tremendous innovation, investment and contributions. The biofuels industry and the RFS are advancing consumer choice, job creation and environmental improvement by reducing greenhouse gas emissions and removing other toxic alternatives, which have been proven to cause cancer, smog and groundwater contamination. Getting the RFS back on track is critical if we wish to continue to build on the progress already achieved.“The RFS is our nation’s most successful energy policy, and the biofuels industry is an American success story. We thank this group of representatives for their commitment to fostering growth in the American biofuels industry, and stand with them in support.”Click HERE to read the full letter Facebook Twitterlast_img read more

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100 photos by the VII Agency for press freedom

first_imgNews Organisation Reporters Without Borders is proud to open the pages of its latest “100 photos for press freedom” book to the VII Photo Agency. This fascinating collection will take the reader from Afghanistan to Russia and North Korea and is enhanced with previously unpublished pieces by French writer Philippe Labro, the legendary US investigative reporter Seymour Hersh and the Australian editor-in-chief of WikiLeaks, Julian Assange, writing from his refuge in the Ecuadorian embassy in London.Founded in New York on 9 September 2001, VII brings together photographers known for their social commitment. The seven respected photo-reporters who created this leading agency included Alexandra Boulat, Gary Knight, James Nachtwey, Christopher Morris and John Stanmeyer, winner of the 2013 World Press Photo award. VII was on the front line of coverage of the 9/11 attacks in New York. The images its photographers obtained have marked our collective memory.VII’s work often makes the cover page of leading international publications such as Time, The New York Times Magazine, Sunday Times, Paris Match, Le Monde, Géo and Stern. Ranked third in American Photo’s 100 Most Important People in Photography in 2005, VII’s photo- reporters have won 38 of the World Press Photo’s prestigious awards. Acknowledged as specialists in war photography, the agency covered the US-led military operations in Afghanistan and Iraq and all the other major contemporary conflicts. It is now moving increasingly into new areas of work and incorporating young photographers through its internal mentoring programme.The collection of Reporters Without Borders books has been growing by three titles a year since 1992. All proceeds from the sales revert to Reporters Without Borders and are used to fund its activities. They represent more than a third of its resources. Preceded by a title dedicated to the Chinese dissident artist Ai Weiwei and, most recently, by one dedicated to the editorial cartoonists of Cartooning for Peace, this latest book highlights Reporters Without Borders’ commitment to photojournalism more than ever. Help by sharing this informationcenter_img RSF_en May 9, 2014 – Updated on January 25, 2016 100 photos by the VII Agency for press freedomlast_img read more

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Rep. Chu Votes to Pass 2017 Omnibus Budget

first_img Community News Name (required)  Mail (required) (not be published)  Website  faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Community News Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy HerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeautyHerbeautyWeird Types Of Massage Not Everyone Dares To TryHerbeautyHerbeautyHerbeautyHow To Lose Weight & Burn Fat While You SleepHerbeautyHerbeautyHerbeauty8 Celebrities Who’ve Lost Their FandomsHerbeautyHerbeauty 0 commentsShareShareTweetSharePin it Your email address will not be published. Required fields are marked * Today, the House of Representatives voted overwhelmingly to pass the 2017 Omnibus budget which funds the government for the remainder of the fiscal year, ending in September 2017. The Omnibus bill appropriates $1.07 trillion, including $551 billion for defense and $519 billion for nondefense, as well as $93.5 billion in additional funding designated for Overseas Contingency Operations (OCO). It includes additional funding for the State Department and international programs, including nearly $1 billion to address global hunger, makes the Pell Grant program year-round. This legislation also contains essential health funding, including a $2 billion increase for the National Institutes of Health (NIH), including former Vice-President Biden’s Cancer Moonshot initiative, a $400 million increase for Alzheimer’s research, a $650 million increase for opioid addiction programs at the Centers for Disease Control and Prevention, the Substance Abuse and Mental Health Services Administration, and the Health Resources and Services Administration.The Omnibus does not provide funding for President Trump’s Border Wall with Mexico or a deportation, as well as numerous high profile, controversial riders put forward by Republicans, including denying federal funds to so-called sanctuary cities, changes to Dodd-Frank, further limits on a woman’s access to contraceptives or a woman’s right to choose, efforts to roll back protections for American workers, and others.Rep. Judy Chu (CA-27) released the following statement on her vote for the Omnibus:“In addition to avoiding another unnecessary and harmful government shutdown, this bill demonstrates how a focus on a bipartisan middle ground can lead to success. By eschewing the radical demands of the far right, this budget keeps government open and will actually improve health and opportunities for millions. All on the bipartisan basis Americans have been yearning for. I’m particularly pleased that we could increase funding for the National Institutes of Health, address the water crisis in Flint, Michigan, and support Puerto Rico, all while avoiding disastrous cuts to Planned Parenthood or the construction of a useless and xenophobic border wall. It also includes an important caveat that President Trump provide Congress with a plan to fight ISIS before receiving an additional $2.5 billion in funding. We cannot sign a blank check for war.“This is not a perfect bill though. While bad proposals like the border wall and the attack on sanctuary cities – like Pasadena and Los Angeles – were excluded, this bill does include another $1.5 billion for increased border security, even as border crossings are down and deportations are up. Instead of an increased focus on our border as a security threat, I’d rather we invest that money in our severely backlogged immigration courts so that we can better serve the families with a legal right to be here; dedicate increased funding to addressing the causes of migration and the needs of asylum seekers; and fund a robust and humane refugee resettlement program. I was encouraged, however, by the reassurance that none of this additional funding can be used to increase immigrant detention above the levels agreed to in the bill. The bill also included a repeal of the detention bed mandate, something I have long advocated for. And so, while I continue to oppose Trump’s increased focus on immigrants as a security threat, for today, I am pleased that we could reach a bipartisan compromise to avoid a shutdown.” Government Rep. Chu Votes to Pass 2017 Omnibus Budget Published on Wednesday, May 3, 2017 | 3:26 pmcenter_img Business News More Cool Stuff Top of the News First Heatwave Expected Next Week Subscribe Make a comment Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

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