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With Loan Guarantees, Obama Looks to Nuclear Energy for Jobs
This is the VOA Special English Economics Report, from http://voaspecialenglish.com
One year ago, President Obama signed the economic recovery bill aimed at pulling the country out of recession. The bill promised jobs — including many in the nuclear energy industry.
In February, the president announced plans for the government to guarantee more than eight billion dollars in loans for two new nuclear energy centers in the state of Georgia. The Southern Company plans to build the nuclear power centers. The first would start operations in twenty sixteen.
Mister Obama announced the plan at a job training center in Lanham, Maryland. The message was that nuclear energy projects will create jobs. President Obama said: It is a plant that will create thousands of construction jobs in the next few years, and some eight hundred permanent jobs — well paying permanent jobs — in the years to come.
In February, the Federal Reserve predicted that unemployment will remain near current levels through the year. The present rate is nine point seven percent. The central bank said unemployment could remain high for the next two years.
President Obama has received sharp criticism from Republicans over the lack of progress in job creation.
The seven hundred eighty-seven billion dollar American Recovery and Reinvestment Act is also unpopular because of its cost. Critics said the money is being spent too slowly with less than sixty percent being spent so far. But the administration said the measure has saved or created two million jobs.
By supporting nuclear energy, the president may be seeking common ground with Republicans who have called for building as many as one hundred new nuclear power centers.
Mister Obama has linked clean energy with economic growth. He also warned that the United States is falling behind in developing nuclear energy. He said: There are fifty-six nuclear reactors under construction in the world: twenty-one in China alone; six in South Korea and five in India.
The United States has not built a new nuclear power plant in nearly thirty years. American public opinion about nuclear energy has been mixed. In recent years, public opinion studies show more than half of Americans approve of nuclear energy. About one-fifth of the nations electricity is generated by nuclear power.
And that’s the VOA Special English Economics Report.
(Adapted from a radio program broadcast 19Feb2010)
Duration : 0:3:54
Bank of America Credit Cards For Illegal Aliens
Bank of America credit cards For Illegal Aliens
Duration : 0:7:6
CREDIT CARD BAD BOYS
Executives from the financial institutions who received funds from the $700 billion banking bailout faced their critics on the House Financial Services Committee on Wednesday February 11, 2009 in Washington. The chief executives at the hearing are: Kenneth D. Lewis of Bank of America, Robert P. Kelly of Bank of New York Mellon, Vikram Pandit of Citigroup, Lloyd C. Blankfein of Goldman Sachs, Jamie Dimon of JPMorgan Chase, John J. Mack of Morgan Stanley, Ronald E. Logue of State Street, and John G. Stumpf of Wells Fargo. Their silent response to the questioning tells the whole story.
Since this time, these companies have offered little relief to consumers. In fact, they have raised rates on millions of more Americans to help pay for growing credit card losses. The apathy of the American public to this additional “taxation” by the banks is beyond belief. Add to this the fact that Executive pay at the banks is going back up in 2009 (NYTIMES APRIL 25th 2009), and you see we are no longer a nation that believes in “United We Stand,” but rather “Everyman for Himself.”
Duration : 0:5:9
Health, Money and Fear
Produced by an emergency physician (Paul Hochfeld), “Health, money and Fear” answers three questions about our broken health care non-system. Why does is cost so much? What does it say about us? What can we do about it? While Congress is more focused on the symptom, lack of Universal Coverage, they are ignoring the underlying problem. COST. Unless they address the perverse incentives that drive up cost, the “reform” we are going to get will be more government subsidies so the insurance industry can continue to thrive being central to a dysfunctional health care system that is better at producing profits than health. The elements of the solution must address the elements of the problem: technology, the fear of liability, mass marketing of prescription drugs, the profit motive, chaos in medical records, unrealistic expectatiions, and the multitude of insurance companies that add substantially to cost without contributing anything to health.
Duration : 0:48:0
The Debt Trap
If you worry about finances and debt you are not alone. Why has debt become such a widespread problem? What are real solutions?
http://www.beyondtoday.tv/programs/archive/?Title=The-Debt-Trap-&ProgramID=bt028
Duration : 0:28:30
The Money Masters (Part 1 of 22)
The powers of financial capitalism had a far-reaching plan, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole…Their secret is that they have annexed from governments, monarchies, and republics the power to create the world’s money…” THE MONEY MASTERS is a 3 1/2 hour non-fiction, historical documentary that traces the origins of the political power structure that rules our nation and the world today. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. The development of fractional reserve banking practices in the 17th century brought to a cunning sophistication the secret techniques initially used by goldsmiths fraudulently to accumulate wealth. With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned “central” bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation, including America, has fallen prey to this cabal of international central bankers. Segments: The Problem; The Money Changers; Roman Empire; The Goldsmiths of Medieval England; Tally Sticks; The Bank of England; The Rise of the Rothschilds; The American Revolution; The Bank of North America; The Constitutional Convention; First Bank of the U.S.; Napoleon’s Rise to Power; Death of the First Bank of the U.S. / War of 1812; Waterloo; Second Bank of the U.S.; Andrew Jackson; Fort Knox; World Central Bank
Duration : 0:10:0
Ellen Hodgson Brown Web of Debt
Call Arnold Schwarzenegger
(916) 445- 2841
(213) 897- 0322
North Dakota is one of only two states that are currently able to meet their budgets, and it has the lowest rate of unemployment in the country. The secret of its success is that it is the ONLY STATE THAT OWNS ITS OWN BANK. For 90 years, all the state’s revenues have gone into the Bank of North Dakota (BND), which then leverages these deposits into many times that sum in loans, as all banks are legally allowed to do. The BND is a great model for California and others state, county and city governments to follow in forming their own banks, as the legislation has been well established for many decades. The BND is not at the mercy of Wall Street but is controlled locally, serving to protect North Dakota from the credit freeze and from the need to sell off its precious resources.
Duration : 0:7:2
Dave Ramsey – Credit Card/Debt Collectors are SCUM
My hero, Dave Ramsey, tells of abusive practices and the violation of Federal law incorporated by debt collectors – particularly credit card debt collectors. Most people do not know that they have rights guaranteed to them by the Fair debt Collection Practices Act (FDCPA) and debt collectors knowingly and habitually break these laws in order to frighten them into paying.
IT IS NOT AGAINST THE LAW TO OWE MONEY!
Do not allow yourself to be lied to (example: “You’re going to go to jail if you don’t pay this” is one of their favorites!) or treated without the dignity you deserve.
KNOW YOUR RIGHTS UNDER THE FDCPA:
Collectors can NOT call you before 8 am or after 9 pm
Collectors can NOT threaten to have you arrested or charged with a crime if you dont pay
Collectors can NOT continue to call after you have indicated you want them to stop (record your conversation with them, tell them you ARE recording it, write the date and time down in a journal, and follow up with a certified letter stating they may no longer call.)
Collectors can NOT call friends, family members or colleagues repeatedly in order to get you to pay (they may call your acquaintances ONCE in order to track you down and may NOT mention that you owe money or give ANY information that would lead someone to believe that they are attempting to collect a debt.)
For more information on your rights under the FDCPA, please visit my website at www.myarrp.com (click on the “Help With Credit” link at the top.)
To the scum debt collectors reading this: We’re mad as and we’re not going to take this any more! We the People are being educated as to your tactics, garnering strength and numbers, and proposing legislation. We’ll be in touch with you…
Duration : 0:5:56
FREE Stuff! No Credit Cards or referrals needed!
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http://www.points2shop.com/?ref=ebagg494
If you have any questions, feel free to comment. Unnecessary comments will be removed. Here’s another place to get answers: http://www.points2shop.com/wiki/Frequently_asked_questions
Duration : 0:6:10
Debt Slave
http://inflation.us/
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TV has become a lending Library
http://news.bbc.co.uk/2/hi/uk_news/scotland/8227864.stm
http://economicrot.blogspot.com/2009/08/debt-slave.html
This video (especially the beginning) is quite disturbing and is not for the faint of heart (you’ve been warned). It is however very powerful in making it’s point – that we’ve all been programmed, lied to and bamboozled throughout our lives – programmed to be ignorant of the real issues that matter; to think like a herd of sheep and wrap our lives around materialism and debt – to feed the commercialistic profit making mechanisms (the industries, corporations and banks) who own and control our government through their puppet master strings.
We as humans basically just want to be happy – but we wrongly believe it can be achieved through materialistic purchases – thinking: “if I only had that new car or big house I would be happy and fulfilled, like all those smiling people in the commercial”; “if only I had that three karat ring I would be the talk of the office, the girls would be jealous and I would look accomplished”; “that new 650 quad runner certainly would make me content and I’d be a man’s-man to boot” (as it sits in the garage quickly depreciating after a couple months of use).
Face it people: Materialism doesn’t bring long-term happiness and buyer’s remorse is typically the end result after the novelty wears off. Are the many years of debt service and a stretched family budget really worth the purchase? Are you really any happier now that you live in a big house? Are you really any more successful or smarter because you now drive a Mercedes? Is that $1,500 brand-name suit really any better than a $300 suit.
We as a society have been programmed to chase each other through an impossible dream of material happiness, yet we’re blind to the fact that the “everyone else” that we aspire to be are merely just sheeple – brainwashed people not in control of their thoughts or lives and mindlessly following each other (like sheep) to a debt-slaved destiny and slaughter – think about it!
Please don’t immediately discredit this information without trying to think outside the box for a few minutes. Allow yourself to ponder the message and if you have any inkling that it’s factual, make an attempt to free yourself from the mainstream thought controlling tentacles of our corporate owned programming medium – television (turn the damned thing off) – and try to then think outside the box regarding other issues and areas of your life. Know that your mind is free – question everything, think for yourself, read daily and nourish your head with truth – do not be nor follow the sheeple to a debt slave prison!
57% Would Like to Replace Entire Congress
http://www.rasmussenreports.com/public_content/politics/general_politics/august_2009/57_would_like_to_replace_entire_congress
Duration : 0:9:53
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