Monday, February 16, 2009

The United States Congress passed a US$787 billion stimulus package late Friday night, in an effort to curb the recession and boost the faltering US economy.

The bill was passed by a vote of 60&ndashp;38, barely reaching the minimum number of 60 votes needed to make the bill a law. Only three Republican senators voted for the measure. Shortly before the Senate vote, the US House of Representatives approved of the stimulus by a margin of 246–183, with all 176 Republicans and seven Democrats voting against the bill.

The Senate vote was delayed until night so that Democratic Senator Sherrod Brown could fly back from Ohio, where his mother had recently died. He cast the final and decisive sixtieth vote in favor of the stimulus bill.

President Barack Obama is expected to sign the bill into law in Denver, Colorado on Tuesday, February 17.

“This is a major milestone on our road to recovery, and I want to thank the members of Congress who came together in common purpose to make it happen,” Obama said in his weekly address. “I will sign this legislation into law shortly, and we’ll begin making the immediate investments necessary to put people back to work doing the work America needs done. This historic step won’t be the end of what we do to turn our economy around, but the beginning.”

64% of the stimulus package is intended for spending and money for social programmes, while another 34% is devoted to tax cuts. The plan also limits cash bonuses and incentive compensations for Wall Street executives. Over $48 billion of the stimulus has been reserved for transportation projects, such as high-speed rail, road, and bridge construction. Tens of billions more will be used for funding states to prevent any cuts that they would otherwise be forced to make to aid local governments and schools.

Democrats say that the plan will help create three and a half million jobs, and that the plan’s tax cuts will help 95% of all US residents, mainly with the use of $800 breaks for couples and $400 for individuals. Those who do not earn enough money to pay income taxes will also be eligible for the breaks. Additionally, breaks will be given to first-time homebuyers and car buyers, in an effort to give a boost to two industries badly affected by the recession.

Senate Majority leader Harry Reid said that the stimulus package was the most important legislation that he had ever worked on. “The country is in trouble and we’re so fortunate we were able to get it passed. It’s going to give this country a shot in the arm.”

Others, however, such as Senate Minority leader Mitch McConnell, are highly critical of the plan. “This isn’t Monopoly money. It’s real. It adds up, and it has to be paid back, by our children and by their children,” he said, adding that it “is unlikely to have much stimulative effect.”

“The bill that was about jobs, jobs, jobs has turned into a bill that’s about spending, spending, spending,” said House Republican leader John Boehner from Ohio, throwing a copy of the bill on the floor in protest.

Last week, the House of Representatives passed a stimulus package worth $825 billion with no support from Republicans. Shortly thereafter, the Senate passed a slightly different version of the bill worth $838 billion. The differences between the two bills had to be bridged in a Senate-House committee before it was voted upon in both houses.

Friday, June 6, 2014File:Queen Elizabeth II delivering 2013 Queen’s Speech.jpg

Queen Elizabeth II formally reopened Parliament on Wednesday and announced the legislative agenda of the UK government for the final year of the Coalition’s five year term. New measures introduced covered crime, the economy, energy and house building.

The next year of legislative changes would, the speech claimed, “deliver on [the government’s] long-term plan to build a stronger economy and a fairer society”. On economics, it promised the government would continue to lower taxes, produce an updated Charter for Budget Responsibility to “ensure that future governments spend taxpayers’ money responsibly”, and continue reduction of the deficit.

On employment law, the Queen’s Speech announced reduction in employment tribunal delays and plans to try and “improve the fairness of contracts for low paid workers” — a response to “zero-hours” contracts. The Institute of Directors support reforms to zero-hours contracts, specifically by removing “exclusivity” clauses. The speech also announced the introduction of a “collective pension” system similar to schemes in use in the Netherlands.

The government is also to increase penalties on companies that do not pay employees minimum wage, and reform National Insurance contributions by self-employed people. The government also plans to extend the ISA and Premium Bond savings schemes and abolish the 10% tax rate on savings. The speech also promised more house building, and also to introduce legislation to reduce the use of plastic bags.

The speech announced the government would seek to pass a new Serious Crime Bill “to tackle child neglect, disrupt serious organised crime and strengthen powers to seize the proceeds of crime”. Another bill will be introduced to deal with modern slavery and human trafficking and to support victims of these offences. The speech also said the government “will lead efforts to prevent sexual violence in conflict worldwide”.

The Serious Crime Bill would also include an increase in the sentence for those who bring about “cyberattacks which result in loss of life, serious illness or injury or serious damage to national security, or a significant risk thereof”. Under the Computer Misuse Act 1990, these are currently subject to a ten year prison sentence, but the punishment would now risk imprisonment for life. Punishment for cyberattacks that cause “a significant risk of severe economic or environmental damage or social disruption” would increase from the current ten year maximum tariff to fourteen years.

Jim Killock from the Open Rights Group said existing laws already allow effective prosecution of those engaging in cyberattacks.

The speech also announced legislation would be introduced “to provide that where a person acts heroically, responsibly or for the benefit of others, this will be taken into account by the courts”.

Constituents would be able to “recall” an MP who had been found guilty of misconduct under a proposed law that will be debated. The Conservative MP Zac Goldsmith described the current plans as “meaningless” and said voters had been “duped”. The Bill would force a by-election if 10% of voters signed a petition within eight weeks, but only if a Commons committee had decided the MP could be recalled. This latter requirement will make it “impossible to recall anyone” according to Goldsmith.

Business minister Michael Fallon defended the recall proposals: “we have to protect MPs from being recalled by people who just disagree with them[…] What you have to ensure is an MP can’t be hounded out just because people disagree with them back in their constituency.”

Deputy Prime Minister Nick Clegg said he agreed with Goldsmith the bill was not perfect, and he wanted “a radical California-style recall” system, but he had settled for a “modest” bill to satisfy “Conservative Party resistance”. Goldsmith claimed Clegg had been “the architect of the current Recall Bill”.

Tim Aker, head of policy for the UK Independence Party, said: “The decision to only offer recall voting on a signed-off-by-Parliament-basis reflects a political class that does not know, does not trust and certainly does not represent its people.”

The speech included measures to make it easier for businesses to engage in hydraulic fracturing (“fracking”) of shale gas. The Institute of Directors said laws “must be updated if the UK is to enjoy the benefits of our shale potential”, specifically by scrapping laws on trespass to allow the gas extraction to occur. The British Chamber of Commerce also support such a reform: “While fracking may be unpalatable to some, it is absolutely essential, and business will support legislative measures to exploit Britain’s shale gas deposits”. Activists from Greenpeace fenced off Prime Minister David Cameron’s home in Oxfordshire with a sign reading “We apologise for any inconvenience while we frack under your home”, and delivered a £50 cheque — identified as the maximum compensation suggested for property owners.

Simon Clydedale from Greenpeace UK said of the fracking proposals: “The prime minister is about to auction off over half of Britain to the frackers, including national parks and areas of outstanding natural beauty like the Cotswolds. Fracking won’t deliver energy on a meaningful scale for years, if ever, by which time we’ll need to have moved away from dirty fossil fuels and towards high-tech clean power if we’re to head off dangerous climate change.”

Caroline Lucas, Green Party MP, spoke in opposition to the fracking proposals after the Queen’s Speech: “Not only does this bill defy public opinion, it denies people a voice. To allow fracking companies to drill under people’s homes and land without their permission is to ignore public interest in pursuit of the vested interests of a few.” A poll conducted by YouGov found 74% of respondents opposed the plans.

Following the Queen’s Speech, politicians from all parties debated the direction of the government in the year ahead.

Prime Minister David Cameron said that the Queen’s Speech showcased “a packed programme of a busy and radical government”, whose “long-term economic plan is working but there is much, much more to do”, and it would “take the rest of this Parliament and the next to finish the task of turning our country around”.

Labour leader Ed Miliband said: “We would have a Queen’s Speech with legislation which would make work pay, reform our banks, freeze energy bills and build homes again in Britain. A Queen’s Speech which signals a new direction for Britain, not one which offers more of the same.”

Cameron described Miliband as having a “rag bag, pick-and-mix selection of statist Seventies ideas [… a] revival of Michael Foot’s policies paid for by Len McCluskey’s money” — a reference to controversies surrounding the substantial funding Labour gets from trade union Unite.

Liberal Democrat president Tim Farron said of the Queen’s Speech: “I suspect the pensions proposals will be around for a generation or more and will be remembered. It’s about making sure they are fairer, cheaper, more secure, more reliable and potentially better for people.”

Plaid Cymru MP Elfyn Llwyd said: “This was an uninspired Queen’s Speech delivered by a government that has well and truly run out of steam.”

Angus Robertson, the leader of the Scottish National Party in Westminster, said the Queen’s Speech barely mentioned Scotland: “The absence of any mention at all of the Westminster parties’ plans for Scotland in the Queen’s Speech is extraordinary. […] In this – the year of the biggest opportunity in Scotland’s history – Scotland hardly even gets a nod at Westminster, and not a single mention of future plans for improving government in Scotland.”

The speech made brief mention of Scotland: “My government will continue to implement new financial powers for the Scottish Parliament and make the case for Scotland to remain a part of the United Kingdom.”

Friday, March 10, 2017

UK chancellor Philip Hammond announced his 2017 budget on Wednesday, which included a £2 billion pledge to social care and a tax hike on the self-employed. It was accused of breaking Conservative Party manifesto promises.

It was announced there will be a 2% increase in national insurance contributions for the self-employed, with chancellor Philip Hammond citing worries that people were choosing to become self-employed in order to pay lower taxes and his perception of unfairness in the different rates paid by employees and self-employees. There were accusations this change in policy goes against the manifesto promises the Conservative Party ran on in 2015, which promised four times that there would be no increase in national insurance rates. Conservative MP Anna Soubry tweeted saying she believed these new measures would be unpopular as many would see them as unfair. The leader of the opposition, Jeremy Corbyn, claimed the new measures will not clamp down on people whose self-employment is just for tax benefits, instead causing problems for those legitimately self-employed, arguing that if they are to start paying similar tax rates to the employed then they should get rights such as statutory maternity pay. The think tank Resolution claimed, however, this increase is outweighed by other government policies and is, therefore, a good move.

In addition to this, the chancellor announced a £2 billion pledge to social care over the next three years, saying he was aware of the stress the ageing population is having on the NHS and social care. Liberal Democrat Norman Lamb described the amount as “wholly inadequate”, saying much more is needed to pay for an increase in care demands due to the ageing population. The lowest threshold at which shareholders pay dividend taxes is to be lowered from £5,000 to £2,000 claiming that the taxes for dividends provided “an extremely generous tax break for investors with substantial share portfolios”. Other budget announcements include an additional £325 million for the NHS, £90 million transport spending for the North of England, £20 million to support campaigning against violence against girls and women and a slight increase in funding for the devolved governments.

Sunday, November 25, 2007

Despite the hopes of many University of Wisconsin-Madison (UW) students, The Onion was not named after their student center. “People always ask questions about where the name The Onion came from,” said President Sean Mills in an interview with David Shankbone, “and when I recently asked Tim Keck, who was one of the founders, he told me the name—I’ve never heard this story about ‘see you at the un-yun’—he said it was literally that his Uncle said he should call it The Onion when he saw him and Chris Johnson eating an onion sandwich. They had literally just cut up the onion and put it on bread.” According to Editorial Manager Chet Clem, their food budget was so low when they started the paper that they were down to white bread and onions.

Long before The Daily Show and The Colbert Report, Heck and Johnson envisioned a publication that would parody the news—and news reporting—when they were students at UW in 1988. Since its inception, The Onion has become a veritable news parody empire, with a print edition, a website that drew 5,000,000 unique visitors in the month of October, personal ads, a 24 hour news network, podcasts, and a recently launched world atlas called Our Dumb World. Al Gore and General Tommy Franks casually rattle off their favorite headlines (Gore’s was when The Onion reported he and Tipper were having the best sex of their lives after his 2000 Electoral College defeat). Many of their writers have gone on to wield great influence on Jon Stewart and Stephen Colbert‘s news parody shows.

And we are sorry to break the news to all you amateur headline writers: your submissions do not even get read.

Below is David Shankbone’s interview with Chet Clem and Sean Mills about the news empire that has become The Onion.

Wednesday, October 17, 2007

American preservationists breathed a sigh of relief in August as the Farnsworth House, a Ludwig Mies van der Rohe designed house widely considered a masterpiece of modern architecture, was spared by flooding along the Fox River in Plano.

Storms deluged much of the Midwest, causing rivers throughout the region to overflow their banks. At the Fox River in Plano flood waters spilled over four acres of the 58-acre Farnsworth House site. Waters continued to rise through August 24, until they were just 18 inches from the front door.

According to the reporting of the Chicago Tribune preservationists developed a disaster management plan on the spot. Staff used boats to access the house and once inside raised the vulnerable furnishings to higher levels atop crates.

Flooding along the Fox River in 1996 caused a large plate glass window in the steel and glass home to break, resulting in $250,000 damage and preservationists feared a repeat of that incident.

“We really lucked out and can look at this as a drill,” Barbara Campagna, architect for National National Trust for Historic Preservation, told Preservation Online.

The Farnsworth House was completed in 1951 and designed by internationally famous architect Ludwig Mies van der Rohe for Chicago doctor Edith Farnsworth. The house is a National Historic Landmark and a nationally significant example of modern architecture. As one of the most famous examples of such architecture, the Farnsworth House was unprecedented at the time of its completion.

Saturday, May 20, 2006

The People’s Republic of China has announced the completion of an enormous dam across the Yangtze River, an important milestone for the world’s largest hydroelectric project. The official Xinhua News Agency reports the event as a “landmark in the construction of the project.”

Launched in 1993, the Three Gorges Project, including the 2,300 metre long, 185 metre high dam with 26 power generators, is being built in three phases on the middle reaches of the Yangtze River – China’s longest river. Built with over 16 million m³ of concrete, the Three Gorges Dam is considered the biggest reinforced concrete dam in the world.

The Three Gorges Reservoir is capable of holding nearly 40 billion m³ of water, including a space of 22.15 billion m³ for extra flooded water. With a length of more than 6,300 km and a natural fall of 5,400 metres from the west to the east, the flood-prone Yangtze River is the third largest in the world.

The gigantic project is expected to generate around 15 million megawatts of electricity, 84.7 billion kWh annually when the entire project is completed in 2008. But whilst proponents of the world’s largest hydropower project laud the increased electricity generation and improved flood control as benefits to China, opponents claim destruction of the environment, ruin to China’s cultural heritage – disaffecting millions of local residents.

“In my view, building the Three Gorges dam is a ridiculous and evil farce,” says dam opponent Dai Qing. “Many people have known something is wrong with the project, but few have dared to speak up,” she said. After it becomes operational, the 660km reservoir created by the dam will drown 13 towns, 4500 villages and 162 archaeological sites.

Friends of the Earth (FoE) are also strident vocal critics. “The dam is having a titanic social and environment impact,” the group said this week. “Sometimes people are being moved out by truncheon and bulldozer because they refuse to leave their home for fear of not being rehoused. Human rights violations are massive and brutal,” it said. FoE pointed to evidence that the dam was already having a serious environment impact.

FoE points to a scientific study by the East China Normal University in Shanghai, published in March in Geophysical Research, which said that in 2004, the Three Gorges dam has reduced the supply of sediment to the Yangtze delta to just 35 per cent of the norm.

Millions of tonnes of silt are drawn along the Yangtze river every year, and critics argue the dam will intercept much of it – with potentially disastrous consequences. They say the lack of sediment further downstream would lead to soil erosion, and the accumulation of sediment in the reservoir could raise the dam level, submerging even more land.

Opponents say the reservoir could fill with the accumulated garbage from tens of millions of households. The China Yangtze River Three Gorges Project Development Corp. has spent $2.5 million on a vessel to collect as much as 7 million cubic feet of garbage that accumulates at the dam each year, according to Xinhua. Some argue that the impact of the dam project will contribute to the extinction of the rare Yangtze river dolphin.

The dam project will force the relocation of a total of 1.13 million people, and communities that have lived in the area for millennia will disappear. Researchers warn sedimentation and rising water levels in the reservoir will lead to the evacuation of tens of thousands more people.

But as the waters rise, that which can not be saved will disappear along with some world famous natural scenery. Critics say the dam is under threat from earthquakes, with two geological fault lines nearby. Officials working on the project counter this by saying the worst that can happen is a tremor measuring 6.0 on the Richter scale, while the dam is built to withstand force 7.0.

“Although the dam is now complete, we still have a long way to go and cannot become self-satisfied or relax our efforts in the least,” Li Yongan, general manager of the Three Gorges Project Development Corp, said. The official China Daily in an editorial called for people to remember the more than 100 workers whom died during the dam’s construction. “The best possible way to repay such a debt of gratitude is to make sure the highest safety and quality standards are observed up till the very end of the entire building process,” the editorial said.