10 Years After Katrina, Will California’s Capital Be The Next New Orleans?

10 Years After Katrina, Will California’s Capital Be The Next New Orleans? A 2011 New York Times Magazine story sounded the alarm: “Scientists consider Sacramento — which sits at the confluence of the Sacramento and American Rivers and near the Delta — the most flood-prone city in the nation.” The article went on to note that experts fear an earthquake or violent Pacific superstorm could destroy the city’s levees and spur a megaflood that could wreak untold damage on California’s capital region. ...(read more) shared from With the 10 year anniversary of Hurricane Katrina is coming up on Saturday, ThinkProgress took a look at our nation’s levy system and found that amid widespread failure, one city is a catastrophe waiting to happen. Yesterday, cable news freaked outabout the fluctuating stock market, encouraging panicked investing choices – but if some Republicans had their way, the fallout could have been much worse. And Elizabeth Warren may not be in the 2016 race, but she’s still pulling the strings…those stories and more, in our top news of the day: If Social Security Had Been In Private Accounts The Stock Market Drop Could Have Been A Disaster Obama Just Picked The Customer’s Side Against The Nevada Utility That’s Trying To Kill Rooftop Solar How Elizabeth Warren Is Pulling The Strings In 2016 Back in March of this year, Senator Elizabeth Warren dashed scores of progressives’ hopes and dreams with one simple sentence: “I’m not running and I’m not going to run.”...(read more) Republicans Say You Should Be Able To Carry Guns Everywhere. This Proves They Don’t Mean It. ThinkProgress | Center for American Progress Action Fund 1333 H ST NW | Washington, DC 20005

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Can Hillary Clinton Win Over the Left?

Can Hillary Clinton Win Over the Left? She spent decades seeking refuge in the center. Will progressives now embrace her? MICHELLE GOLDBERG

shared from The Civilian Toll From the War Against ISIS Is Huge. Why Isn’t the Press Covering It? The US-led bombing campaign has killed hundreds, according to one comprehensive report. The Pentagon admits to two. SARA RATHOD

The Danger of ‘Foreign Policy by Bumper Sticker’ The GOP’s paranoia and hubris promises yet another self-inflicted foreign policy disaster. KATRINA VANDEN HEUVEL

Cris Carter: The Fall Guy Comments by Cris Carter that NFL players need a “fall guy” to take the blame for crimes aren’t just shocking. They reflect a broader culture of scapegoating in the league. DAVE ZIRIN

You Can Wipe Out Coal, But You Can’t Bring the Mountains Back The coal industry in West Virginia is collapsing, leaving uncertainty and a drastically altered skyline in its wake. LAURA GOTTESDIENER

Next to Nothing: The Economics and Aesthetics of Streaming Music Apps like Spotify and Apple Music haven’t just changed the way we purchase music—they've changed the way we listen. DAVID HAJDU

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Impact of Global Sell-Off on Shell-BG Group Deal

Impact of Global Sell-Off on Shell-BG Group Deal

Aug 25th, 2015 

by John Donovan. 

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By: MICHEAL KAUFMAN: Aug 25, 2015

Royal Dutch Shell plc. (ADR) (NYSE:RDS.A) earlier this year finalized its $70 billion merger deal with BG Group plc. (ADR)(NYSE:BRGYY). The cash-and-stock deal valued BG at $20 per share. Shell, based on BG’s stock price on April 7, agreed on paying a 50% premium. However, as yesterday’s sell-off and grim crude oil prices are factored into the mix, it appears that the deal, among many others, may fall apart.

BG stock slipped 6.78% to close Monday’s trading session at $14.71 per share. The spread for the deal reached its highest level on Monday. Shell looks forward to acquiring BG’s Liquefied Natural Gas (LNG) assets. The company is also interested in the acquisition so as to take advantage of the opportunity to enter new markets.

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Posted in: BG Group, Bidness Etc, Gas, LNG, Oil Prices, Royal Dutch Shell Plc, Shell.
Tagged: BG Group · Gas · LNG · Royal Dutch Shell Plc · Shell

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Privatizing Pensions and Idolizing Profit in the 21st Century

Privatizing Pensions and Idolizing Profit in the 21st Century

Posted: 25 Aug 2015 10:46 AM PDT

By Doug Porter 

Los Angeles Times columnist Michael Hiltzik has been on a tear recently, rolling out essays challenging the validity of claims made by those who claim privatizing retirement is the way of the future. At the core of these conservative/libertarian arguments against public support for defined pensions is a fundamental belief in the supremacy of the “market” as a force in society.  The problem with this viewpoint comes when actual results for those programs participants are measured. The market has no obligation other than profit, which is only guaranteed for those managing the transactions.   [Read more...]

San Diego Free Press

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• Privatizing Pensions and Idolizing Profit in the 21st Century
• The Day Nancy and I Got Together
• Tyranny of the Majority: The American Winner Take All System
• Are the NFL Chargers Causing the NCAA Aztecs to Lose?

Privatizing Pensions and Idolizing Profit in the 21st Century Posted: 25 Aug 2015 10:46 AM PDT By Doug Porter Los Angeles Times columnist Michael Hiltzik has been on a tear recently, rolling out essays challenging the validity of claims made by those who claim privatizing retirement is the way of the future. At the core of these conservative/libertarian arguments against public support for defined pensions is a fundamental belief in the supremacy of the “market” as a force in society.  The problem with this viewpoint comes when actual results for those programs participants are measured. The market has no obligation other than profit, which is only guaranteed for those managing the transactions.   [Read more...]

The Day Nancy and I Got Together Posted: 25 Aug 2015 07:37 AM PDT By Ernie McCray I've been thinking about my dearly departed Nancy with August 23rd a day away as I write. It was on that day, in 1975, forty years ago, that I moved in with her, in her little apartment on 24th and Russ, next to Golden Hill Park. So I find myself celebrating that day, in my thoughts, remembering with a little quiver, what I had to do to start a life with her: break another woman's heart, my wife, a woman I loved. If I regret anything in life it's causing her such misery and pain. But, especially when I look back on it, I was following my destiny, the dictates of my soul, wherein I knew as instinctively as I breathed, that I had no choice, in the cosmos, but to be with Nancy, that the two of us were soul-mates, destined to be together as the stars are meant to be aligned in the sky.   [Read more...]

Tyranny of the Majority: The American Winner Take All System Posted: 25 Aug 2015 07:37 AM PDT No wonder that, among the 21 democracies in Western Europe and North America, the United States is next to last in voter turn-out... By John Lawrence A lot of people these days are concerned with getting the money out of politics. That's an admirable goal, but it doesn't solve the problem that's built right into the American political system: a voting system in which the majority rules and there is no minority representation because the winner takes all. At every level the US is divided up into districts whether its state assembly and senatorial districts, US Congressional districts, San Diego city council districts or what have you. Citizens in a particular district can only vote for one candidate and the candidate with the most votes wins in that district. Even states can be considered voting districts and in each state you can vote for two US Senators, just not at the same time. If there are candidates you like outside of your district, you have no democratic decision making process with which to vote for them. For example, I can't vote for Bernie Sanders for Senator because I'm not a resident of Vermont. Similarly, I can't vote for Elizabeth Warren because I'm not a citizen of Massachusetts. The US voting system on every level is archaic.   [Read more...]

Are the NFL Chargers Causing the NCAA Aztecs to Lose? Posted: 25 Aug 2015 07:36 AM PDT By Bill Adams /UrbDeZine Are the San Diego National Football League (NFL) Chargers causing the San Diego State University Aztecs football team to lose games and fans?  If so, which is worse for San Diego, losing its NFL franchise to another city, or sub-optimal performance and attendance at Aztecs football games? While these question at first appear both absurd and provocative, there have been several studies that can answer these questions  – at least to some degree.  Moreover, the studies go further. The studies indicate that the success of a college sports team has an effect on the regional economy. First, winning by a university’s sports teams increases both the number and the quality of its student applications.  It hardly needs be said that the number and quality of student applications facilitates everything from funding to prestige, and ultimately the growth of a university.  This explains in large part why university administrations continue to fund even money-losing or scandal-ridden high profile sports like football and basketball.   [Read more...]

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Sometimes a Movement Needs a Leader: The Bernie Sanders Campaign

Sometimes a Movement Needs a Leader: The Bernie Sanders Campaign Joseph Palermo: The most potent ideas for addressing the urgent problems facing the country don’t come out of the air-conditioned offices of the American Enterprise Institute, but arise from the kind of unity of thought and action the Sanders campaign embodies.READ MORE shared from

TUESDAY, 25 AUGUST 2015 Sometimes a Movement Needs a Leader: The Bernie Sanders Campaign Joseph Palermo: The most potent ideas for addressing the urgent problems facing the country don’t come out of the air-conditioned offices of the American Enterprise Institute, but arise from the kind of unity of thought and action the Sanders campaign embodies. READ MORE Friend on Facebook Follow on Twitter Forward to a Friend Inaugural Blackout Music & Film Festival Celebrating Storytelling and Social Justice READ HERE The Upsurge in Uncertain Work Robert Reich: On demand and on call – in the “share” economy, the “gig” economy, or, more prosaically, the “irregular” economy – the result is the same: no predictable earnings or hours. READ MORE Actions: War or Peace with Iran? Kathy Kelly: We walked in solidarity with villagers in Gangjeong, South Korea, who'd welcomed many of us to join in their campaign to stop militarization of their beautiful Jeju Island. READ MORE US Water Systems May Be Used for a WMD Attack Janet Phelan: The configuration of the nation’s public water systems would provide the perfect, undetectable delivery system for a bio/chem attack. READ HERE

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11 pieces of evidence that America is finally back on the right track

11 pieces of evidence that America is finally back on the right track

shared from

See the beautiful wedding video of the man who was buried on the day he was supposed to get married.

He finally cracked the mystery of his mental illness. See how he's using music so others can, too.

11 pieces of evidence that America is finally back on the right track

The TRUTH will set you FREE.