Nov 6 18 SIT EC y POL
ND denounce Global-neoliberal debacle y propone State-Social
+ Capit-compet in Econ
ZERO HEDGE ECONOMICS
Neoliberal globalization is over. Financiers know it, they
documented with graphics
“More
jobs and more students means
more
money circulating in the local economy..."
The Democratic Socialists of America chapter at Southern
Illinois University at Carbondale launched a Change.org petition titled
"Make SIUC Tuition Free." The petition currently has more than 70
signatures of its 100 signature goal.
"The high of [sic] cost of tuition is
directly causing lower enrollment at Southern Illinois University at
Carbondale,"the petition states.
"This hurts SIUC students,
university employees, and the Carbondale community."
"SIUC Young Democratic
Socialists of America asks the SIUC Administration to create a vision of growth
including free tuition for all Illinois residents. Let's end student debt and help Carbondale
prosper," the petition adds.
SIUC student Layne Ellingsworth told KFVS-TV that
making tuition free would stimulate the economy.
“More jobs and more students means more money
circulating in the local economy,” Ellingsworth said.
The SIUC YDSA chapter held a press conference on Friday to
promote their petition.
"The need for comprehensive tuition reduction is
critical now as the University of Illinois at Urbana-Champaign
and Eastern Illinois University both announced tuition-free plans aimed at students with
family incomes below $61,000. SIUC competes directly with both
universities especially Eastern Illinois University for these students at
admissions time," the Facebook event
description for the press conference reads.
According to the University of Illinois at
Urbana-Champaign website, the school will offer
"free" tuition to some students beginning in 2019. Qualifications
include the following, according to the university's website:
- You're an Illinois resident (parents listed on the FAFSA are also Illinois residents)
- Your family income is $61,000 or less
- Your family's assets are less than $50,000
- You're admitted as a new freshman or transfer student
- You're under the age of 24
The University of Illinois at Urbana Champaign and Eastern
Illinois University are both public schools that receive taxpayer funding.
Earlier this year, bond credit rating service Moody's Investors assigned
Illinois a credit rating one notch above "junk" status, according to
the Chicago
Sun-Times.
SIUC chief communications officer Rae Goldsmith told KFVS-TV
that making tuition
"free" would not be sustainable" now unless
there's an alternative source of revenue."
"I don’t know how we
could move forward with a free tuition economically,"
Goldsmith said.
…
SOURCE: https://www.zerohedge.com/news/2018-11-06/socialist-students-free-tuition-would-stimulate-economy
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[[ Real hit to Dems.. they
already lost the Senate .. and may lost also the house: 30 sits pend ]]
While it is
hard to discern exactly what drove this sudden shift towards a 'blue wave'-themed derisking in markets,
Dow futures are down 100 points, 10Y yields are down 3bps, and gold rallied as
the dollar tumbled...
See Chart: The
dollar tumbled...
Dow futures are down 100 points...
See Chart:
10Y yields are down 3bps...
See Chart:
We don't have much data to work with so far, but we're
starting to see slight movement in
FiveThirtyEight's real-time forecast. They're now projecting
Democrats have a 11 in 12 chance to win the House (a
slight improvement) while they have just lost the Senate.
….
….
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US equity
futures are fading off earlier highs,bond
yields are tumbling along with the dollar after several
media outlets have called the House for Democrats (while Republicans maintain
control of the Senate).
See Chart:
Still a long way to go until the
cash market open tomorrow in New York.
…
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“The investigation of deceptive
trading practices by others involved in this scheme is ongoing...”
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US
DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds
& corruption. Urge cambio
[[ The losers are calling
FRAUD in Texas.. expected but dangerous claim ]]
"Go
get him, bring him in"
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DEMOCRATS
WIN CONTROL OF US HOUSE AS REPUBLICANS KEEP SENATE [[ 11:40pm
House not yet finished.. 30 sits in dispute ]]
For once
conventional wisdom was right, as Democrats win the House, although the Blue
Wave turned out muted, and Republicans will not only keep the Senate, but pick
up seats in the upper chamber.
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"We’re not going to assume anything"
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"The problem isn't polarization; the problem is neither flavor of the
status quo is actually solving any of
the nation's most pressing system problems..."
The problem isn't
polarization; the problem is neither flavor of the status quo is actually
solving any of the nation's most pressing system problems.
This election is
nothing but another distraction. No matter who "wins," none of our
systemic problems will be addressed, much less solved.
Does either party
have the will or coherent grasp of what's broken to fix America's healthcare
mess? No.
This is about akin
to giving defense contractors the power to set the Pentagon budget. But,
wait, they already have that power.
The
Republican solution is to call quasi-monopolies and cartels
"markets."Since turning everything
into a market solves all problems, that's the "market-based
"solution." But since healthcare is run by cartels, which fix
the "market" to their own benefit, there really is no "market"
in healthcare, and nobody's interested in establishing one because that would
crater cartel profits.
As I've
noted many times, our dysfunctional healthcare will bankrupt the nation all by
itself. Sickcare
Will Bankrupt the Nation--And Soon (2011)
U.S.
Healthcare Isn't Broken--It's Fixed (May 16, 2018)
How about
a systemic solution for opioid addiction? If you believe either party has a
solution," you need to reduce your Ibogaine intake. Opioids and other addictions (like social media
and mobile phones) are immensely profitable and so the cartels
and monopolies profiting from addictions fund politicos in both parties to
insure their profits aren't reduced.
How about
soaring debt loads on every sector of the economy? Money that goes to pay interest can't be
invested or spent elsewhere, and that starves the economy of productive
investment. The super-wealthy own much of the debt and receive much of the
interest income. This is a systemic problem that isn't viewed as a
problem because the super-wealthy own the political process.
The "solution" to crushing
student loan debt ($1.4 trillion and counting) is to transfer the entire debt
to the taxpayers, meaning the federal government issues another $1.4 trillion
in debt to pay the super-wealthy who own all the student loans. Nice
for the super-wealthy and politicos, not so nice for future taxpayers burdened
with trillions more in debt.
Neither
party can accept that higher education is a failed, dysfunctional system. And so the "solution"
is borrow another couple trillion and pay interest to the super-wealthy who own
the debt, all for an "education" that often has little value in
either the economy or the debt-serf students' lives.
The
problem isn't polarization; the problem is neither flavor of the status quo is
actually solving any of the nation's most pressing system problems. This is why we're coming apart at the seams:
problems are being left unaddressed and so they only become more entrenched and
destructive.
….
SOURCE:
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US-WW ISSUES (Geo Econ, Geo Pol
& global Wars)
Global depression is on…China, RU, Iran search for State
socialis+K-, D rest in limbo
[[ Not need for war now since Trump
won the Senate= no impeach ]]
Rapidly turning into a
flashpoint for war...
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[[ Stupid argt to repress
them ]]
"We
call those special interest
aliens."
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SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO
..Focus on neoliberal expansion via wars & danger of WW3
RELATED 1
RELATED 2
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RT SHOWS
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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes &
terrorist imperial chaos
REBELION
Las clases sociales y la salida de la crisis Carlos Mendoza
Mund ONU, UNSCOP, padres putativos de Israel (I) Luis E. Sabini
Mund ONU, UNSCOP, padres putativos de Israel (I) Luis E. Sabini
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ALAI NET
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RT EN
ESPAÑOL
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INFORMATION CLEARING HOUSE
Deep on the US political crisis: neofascism & internal
conflicts that favor WW3
America Addicted to War By Philip Giraldi
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Watch the Full Film: The Israel Lobby Didn’t
Want You To See Must Watch - Video
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What This Election Was About By Paul Craig Roberts
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US Elections – Fake As A Pro Wrestling Match By Caitlin Johnstone
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Apocalyptic Climate Report Completely Misses
the Point By Daniel Aldana
Cohen
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PRESS TV
Resume of Global News described by Iranian observers..
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Programs US
sanctions against Iran second round
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