Year: 2012

50-State, $25B Mortgage Settlement: Relief for Struggling Homeowners or Bailout for Big Banks?

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The U.S. Justice Department has unveiled a record mortgage settlement with the nation’s five largest banks to resolve claims over faulty foreclosures and mortgage practices that have indebted and displaced homeowners and sunk the nation’s economy. While the deal is being described as a $25 billion settlement, the banks will only have to pay out a total of $5 billion in cash between them. We speak to one of the settlement’s most prominent critics, Yves Smith, a longtime financial analyst who runs the popular finance website, “Naked Capitalism.”

The future – and present – of maternal health care

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Because childbearing decisions are often built on economic necessities, the less certain you are your children will live to adulthood, the more likely you are to have more of them. A longer term stability depends on keeping child, infant and maternal mortality low, even as we struggle with health care costs and the creation of a lower-energy infrastructure.

Debate within Occupy about the Black Bloc

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On February 6, journalist and activist Chris Hedges wrote a searing article on the Black Bloc. Occupy theorist David Graeber wrote an open letter in reply.

The Black Bloc first appeared in the 80s and has been with demonstrations across the world ever since. The Black Bloc is a tactic, whereby black-clad individuals wearing hoods and masks appear in the midst of a demonstration to trash stores, break windows, etc.

Not involved with Occupy? It’s still important. Occupy is a wild card which could break through the stalemate on energy, climate and politics which bedevils the United States. It could also fizzle out. Or it could take a dark direction, as did some of the radical politics in the 1970s.

Transition and solutions – Feb 13

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– Portland, the US capital of alternative cool
– Are electric or hybrid cars a green marketing myth, or a real solution?
– Is This the Most Beautiful Street in the World?
– Voices from the previews of ‘In Transition 2.0′ (video)
– When the Transition Movement & the Community Rights Movement Start Collaborating, Watch Out!

Occupy – free, educating theatre coming to a town near you

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We are seeing today the first widespread global popular uprising in history that shares a name-tag and an idea: an end to corporate greed, extreme socio-economic inequality and, by deduction, the capitalist system in general. This performance on the world stage is wrestling with notions of publoid space and the challenge of ‘scaling up’.

Rx for Greece: A dose of Thanatos

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In this essay I argue that the rapid decline of Greece’s health system –and socioeconomic conditions throughout the nation- is proximately due to a fiscal/economic crisis that political and financial leaders have chosen to address by imposing draconian austerity measures upon most of the Greek people so as to: a.) protect the wealth, status and power of dominant elites, and b.) shield and resuscitate a moribund financial system. The distal cause of the deterioration of Greece’s health system, however, lies in reaching the earth’s physical limits to perpetual economic growth. Therefore, attempting to restart growth –the taken-for-granted panacea- is not working and the case of Greece demonstrates that “austerity” has pernicious costs.

The last picture show

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The first thing you do is show a film. It starts with Power of Community. It starts at the 11th hour at the End of Suburbia. You go against your wishes, lured by a love of documentary, and find yourself talking animatedly amongst strangers about Life at the End of Empire, asking whether you can come to the next core group meeting. In these films there is a moment when you realise that life is not the fairy tale you have been taught to believe. It’s the moment you join Transition.

HOMEGROWN Life: Visions of Urban Agriculture

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Call me nerdy, but I think planning and zoning is fascinating. Give me a project proposal or zoning code, and I gladly immerse myself in land use regulations, zoning jargon and mapping. So when the Boston Redevelopment Authority and the Mayor’s office held a kickoff and visioning meeting to rezone Boston for urban agriculture on Monday night, I was sitting front row, pencil in hand!

 

Review: The KunstlerCast by Duncan Crary

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Outrageous, snarky, “madly engaging,” bileful—these are a few of the terms that have been used to describe author and social critic James Howard Kunstler. But he’s actually a great deal more than these things, as anyone who’s really come to know him, even if only through his books and Internet postings, can tell you. His most personal writings reveal a human, vulnerable, wonderfully versatile, cheerful side that few people know exists.