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 Joseph Stiglitz: “Romney’s Plan is Based on Magic”

 Joseph Stiglitz: “Romney’s Plan is Based on Magic”
What’s at stake in this election for the U.S. economy?

Quite a lot. First, there’s what we call the macro-economy. The budget cuts that Romney/Ryan propose will certainly slow growth. If the European downturn continues that could tip us into a recession. The cuts certainly won’t provide the kind of stimulus that Obama’s jobs bill, for instance, pushes. Romney’s plan is based on magic: Just because he gets elected, the economy is supposed to take off. There is no evidence that anything like that would happen. Quite the contrary — I think the opposite would happen. The business community would see the cutbacks coming and that would itself cause a slowdown in the economy.

So that’s the macroeconomy. Secondly, the Romney/Ryan budget promises to spend more on the military while cutting taxes and cutting the deficit, and that means only one thing. If you look at the arithmetic, it means less investment in infrastructure, R&D, education…

Thousands of Ethiopian migrants kidnapped, tortured, raped in Yemen-report - AlertNet

Thousands of Ethiopian migrants kidnapped, tortured, raped in Yemen-report - AlertNet
By Katy Migiro

NAIROBI (AlertNet) – Migrants travelling from the Horn of Africa to Yemen in search of a better life are regularly kidnapped, tortured and raped, according to a new report by the Regional Mixed Migration Secretariat (RMMS).

At least 230,000 migrants have undertaken this hazardous, often lethal, journey over the last six years and the rate of migration is increasing dramatically. In the first eight months of 2012, over 70,000 African migrants entered Yemen, three quarters of whom were Ethiopian.

Kidnapping has become increasingly common in Yemen, with the majority of respondents who arrived in the last 18 months saying they were held for ransom after disembarking from smugglers boats, said the report from RMMS, working to help migrants in the Horn of Africa and across the Gulf of Aden.

“If money [was] sent from our friends or relatives, we would be released and be free. If not, they wo…

Good morning, President Abbas | The Electronic Intifada

Good morning, President Abbas | The Electronic Intifada
“I visited Safad before once. But I want to see Safad. It’s my right to see it, but not to live there. Palestine now for me is ‘67 borders, with East Jerusalem as its capital. This is now and forever…this is Palestine for me. I am a refugee, but I am living in Ramallah. I believe the West Bank and Gaza is Palestine and the other parts are Israel.” - Mahmoud Abbas

The next time someone tells me any particular word I choose is too strong or harsh to describe Abbas, I am considering printing the transcript of this interview and slapping said person with it.