CLibertyC

Gaza, an impoverished and besieged sliver of land

"Some 1.6 million Palestinians live in the cramped territory spread over 362 square kilometres (140 square miles) along the Mediterranean, making it one of the most densely populated parts of the world. The economic and humanitarian situation in the enclave has been precarious since Israel imposed an economic embargo after Hamas seized power in 2007. Under its blockade, Israel controls all goods entering the Gaza Strip, except those smuggled through tunnels under the border with Egypt. The blockade also involves a blanket ban on all weapons and munitions." Continue reading →

Continue ReadingGaza, an impoverished and besieged sliver of land

U.S. gives ‘full backing’ to Israel while urging de-escalation of Gaza violence

"The Israeli ambassador to Washington, Michael Oren, says the US has given his government a free hand in its assault on Gaza as the Israeli cabinet ordered a large call up of military reserves, prompting fears of a ground invasion. The Palestinian delegation to Washington condemned the US response to the crisis as 'biased and weak', and called on the White House to stop Israel using American-made weapons against civilians. It also described as 'shameful' what it called the justification of the murder of Palestinians by countries supporting Israeli actions, including Britain." Continue reading →

Continue ReadingU.S. gives ‘full backing’ to Israel while urging de-escalation of Gaza violence

Israel taking steps to mobilize up to 75,000 reservists

"Defence Minister Ehud Barak sought government approval on Friday to mobilize up to 75,000 reserve troops for Israel's Gaza campaign, political sources said, in a sign of preparations for a possible ground offensive. The sources, speaking after Palestinian rockets were fired at Jerusalem and Tel Aviv, said ministers were being polled by telephone by the cabinet secretary to approve the call-up." Continue reading →

Continue ReadingIsrael taking steps to mobilize up to 75,000 reservists

Swiss middle class real income continues to rise

"Switzerland’s middle class has never enjoyed as much income as it does today, but the richest and poorest groups of the population have seen theirs grow more substantially. Sixty to 80 per cent of the Swiss population are considered middle class. A couple without children with a revenue between SFr67,000 ($70,800) and SFr150,000 belongs to this category, as does a couple with children and income between SFr94,000 and SFr210,000. Over the past 20 years, real income for the Swiss middle class has increased six to eight per cent, better than in most other countries." Continue reading →

Continue ReadingSwiss middle class real income continues to rise

Wealth and Prosperity Do Exist … if You Know Where to Look

"The pursuit of prosperity for ourselves and our children is the underpinning of the American dream – the idea that being all that you can be is possible. But it seems things are changing… The 2012 Legatum Prosperity Index has just been made public. It reveals that America is no longer among the Top 10 countries for the first time ever. We are now 12th. The essential question is: What pulled America out of the top 10? Was it our health care system? An antiquated educational system? Eroding personal freedoms? No. It was the rather significant decline in 'entrepreneurship and opportunity.' Many U.S. citizens no longer believe that hard work pays off." Continue reading →

Continue ReadingWealth and Prosperity Do Exist … if You Know Where to Look

French officials furious at Economist “time-bomb” taunt

"French officials angrily rejected a charge by Britain's The Economist weekly on Friday that France was the 'time-bomb at the heart of Europe' and a danger to the euro single currency, accusing the magazine of sensationalism. French public spending accounts for 56 percent of gross domestic product, the highest level in the euro zone, and public debt reached 90 percent of GDP this year. Hollande's deficit-reduction strategy is based two-thirds on tax increases, much of it on businesses, and one-third on spending cuts." Continue reading →

Continue ReadingFrench officials furious at Economist “time-bomb” taunt

Why The U.S. Job Market Remains Terribly Bleak

"Full time work is about to get scarcer. The reason? By hiring part-time workers who put in less than 30 hours per week, employers can avoid a mandate dictated by the new health reform law: either provide expensive health insurance or pay a fine equal to $2,000 per worker. Avoiding the mandate becomes even more attractive for low-wage employees, since they can get highly subsidized insurance in the newly created health insurance exchanges. Even though employers will have the option of paying a $2,000 fine, does anybody think the fine is likely to stay that low?" Continue reading →

Continue ReadingWhy The U.S. Job Market Remains Terribly Bleak

Petraeus Scandal is Neocons Loss

If there is a positive to come out of the unfolding scandal involving General Petraeus, it might be a more sober accounting of America’s involvement in Afghanistan. Risks to our national security have been heightened by our continued presence there: Our handpicked president, Hamid Karzai is seen as a joke. Anti-American sentiment has grown considerably. Terrorists recruit. The Taliban endures. To the degree Americans [...]

Continue ReadingPetraeus Scandal is Neocons Loss

Pilots Know More Than Just How to Fly Planes

"The Airline Pilots Association sure understands the importance of government regulation to create benefits for a small group and the value of limiting supply. According to WSJ, new regulations require newly hired pilots to have at least 1,500 hours of prior flight experience. That number is that is six times the current requirement. At the same time a large number of pilots are going to be forced to retire because they are bumping up against the current mandatory retirement age of 65." Continue reading →

Continue ReadingPilots Know More Than Just How to Fly Planes