Daily Archives: June 27, 2011

Alternet: Shock Doctrine: ‘Emergency Finance Managers’ and the Right-Wing’s Power Grab

Emergency financial managers are being put in place by democratically elected governors throughout the country.

-By Sarah Jaffe

June 26, 2011- The onslaught of radical policies from the wave of Tea Party-supported right-wing state politicians swept in in the 2010 elections has been nearly overwhelming. Nearly every state that saw a Republican takeover of the statehouse or legislature has faced attacks on collective bargaining, immigration, reproductive freedoms, or health care. New power grabs have popped up constantly, and copycat bills have sprung up in their wake as if an official playbook has been passed around the country.

CNN Money: The privatization of California’s B-schools

As California slashes billions from its higher education budget, the state's premier public business schools have quietly focused its efforts on raising private dollars.

-By John A. Byrne

June 27, 2011- In the past few years, billions of dollars have been slashed from California's higher education budget. Some have warned that the cutbacks are impacting the quality of a state university system that has long been considered the crown jewel of public higher education.

What has been the impact on the state's premier public business schools?

Surprisingly, there's been little to no impact, according to the B-school deans. A year ago, faculty and staff endured a "furlough" that led to a one-time average pay cut of 8%. But the prestige and quality of the full-time MBA programs has been protected as state support of the schools has diminished.

Mother Jones: The Spam Factory’s Dirty Secret

First Hormel gutted the union. Then it sped up the line. And when the pig-brain machine made workers sick, they got canned.

— By Ted Genoways

June 27, 2011- On the cut-and-kill floor of Quality Pork Processors Inc. in Austin, Minnesota, the wind always blows. From the open doors at the docks where drivers unload massive trailers of screeching pigs, through to the "warm room" where the hogs are butchered, to the plastic-draped breezeway where the parts are handed over to Hormel for packaging, the air gusts and swirls, whistling through the plant like the current in a canyon. In the first week of December 2006, Matthew Garcia felt feverish and chilled on the blustery production floor. He fought stabbing back pains and nausea, but he figured it was just the flu—and he was determined to tough it out.

Think Progress: GOP Blew Up Debt Negotiations To Protect Tax Breaks For People Making $500,000 Or More

-By Marie Diamond

June 24, 2011- Yesterday House Majority Leader Eric Cantor (R-VA) and Sen. Jon Kyl (R-AZ) may well have doomed negotiations to raise the nation’s debt limit when they walked out over a dispute with Democrats about raising revenues. Their theatrics bring the country closer to the brink of financial collapse, and observers have described the move as a “tamper tantrum” and “political grandstanding.” Today, more details emerged about exactly what Republicans are willing to threaten the global economy over to defend.

USA Today: Billy the Kid image sells for more than $2M

-By Colleen Slevin, AP

June 26, 2011- DENVER — What is believed to be the only surviving authenticated portrait of Billy the Kid went up for auction in Denver on Saturday and sold for $2.3 million.

The tintype on Saturday evening went to private collector William Koch at Brian Lebel's 22nd Annual Old West Show & Auction, where auction spokeswoman Melissa McCracken said the image of the 1800s outlaw was the most expensive piece ever sold at the event.

A 15 percent fee was added to the bidding price, making the selling price more than $2.6 million. Organizers had expected it could fetch between $300,000 and $400,000.

The tintype is believed to have been taken in 1879 or 1880 in Fort Sumner, N.M. It shows the outlaw dressed in a rumpled hat and layers of clothes, including a bulky sweater. He's standing with one hand resting on a Winchester carbine on his right side and a Colt revolver holstered on his left side.

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