Ralph Nader calls out Democrats for financial bailout

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Ralph Nader calls out Democrats for financial bailout
 Correction — Aug 2, 2010 Nader referred to the 1999 repeal of the 1933 Glass-Steagal Act. The Wikinews article omitted the word “repeal” from the account of Nader’s speech. 

Sunday, October 5, 2008

Independent U.S. presidential candidate Ralph Nader had harsh words for the Democrats who engineered yesterday’s passage of the Emergency Economic Stabilization Act of 2008, a bailout of the U.S. financial system. At a campaign stop in Waterbury, Connecticut on Saturday, Nader said that Democrats passed up a chance to enact re-regulation of the financial system and instead gave Wall Street everything it wanted.

According to Nader, Senator Chris Dodd (D-CT), Representative Barney Frank (D-MA), and other Democrats considered but rejected measures such as a tax on transactions of derivatives (a “speculation tax”) because of their financial ties to Wall Street and its lobbyists. He said that Representative Chris Murphy (D-CT), who represents Waterbury, had “become a toady” of Nancy Pelosi. He drew enthusiastic applause by calling Murphy “a dynamic fraud”, and referred to Senator Joe Lieberman as “the Hermaphrodite of American Politics”. For Murphy and Representative Chris Shays (R-CT), Nader said, supporting the bailout despite the opposition of constituents was a “profile in betrayal”. Because there were no public hearings where taxpayers and experts could weigh in on the bailout, Nader characterized it as a return to “taxation without representation“—under “King George IV” 225 years after the 13 colonies were taxed under King George III.

Asked about causes of the financial crisis, Nader pointed to the deregulation of the financial sector with the 1999 Glass-Steagall Act and further deregulation in 2000, as well as the rise of overly complex financial derivatives. He outlined a four-part reform plan:

  1. Re-regulation of financial markets
  2. Increasing shareholder control of corporations
  3. Taxpayer equity as part of any bailout, as in the 1979 bailout of Chrysler Corporation
  4. Making speculators pay by enacting a 0.1% tax on derivatives transactions (which Nader said will amount to over $500 trillion this year)

Regarding the equity warrants included in the passed bailout, Nader relayed word from an unnamed source that Treasury Secretary Henry Paulson had told Wall Street executives “don’t worry, it’s not enforceable”.

Nader told reporters that he had abandoned the Green Party because “Greens are not disciplined, and they’re not mature”, and also lack the fund-raising capabilities to break into mainstream political discussions. “They bicker and bicker,” he said, pushing out their best people. However, he endorsed several local Green Party candidates, including Chris Murphy’s opponent Harold Burbank.

The virtual media blackout for third party campaigns by national newspapers and networks has been a source of continual frustration for the Nader campaign, as well as the campaigns of Libertarian Bob Barr and Green Cynthia McKinney and the post-campaign activities of Republican Ron Paul. According to Nader, reporters tell him that editors of national media are “very bigoted against third party and independent candidacies”. Even journalists for taxpayer-supported media, such as National Public Radio‘s Terry Gross and the Public Broadcasting Service‘s Jim Lehrer, have shut him out during this campaign. Debates, he lamented, are controlled by corporate interests through the Commission on Presidential Debates.

Nader spoke to a supportive crowd of about 60 people and his campaign raised over $2000 at the event, their third visit to Waterbury. The event took place in the former building of a closed-down bank.

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Mobile operator Orange bills French doctor €160,000 for one month of Internet use

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Mobile operator Orange bills French doctor €160,000 for one month of Internet use

March 21, 2019 · Filed under Uncategorized

Thursday, November 19, 2009

In a third case of staggering sums billed for “unlimited” Internet access reported this week, a French emergency-room doctor from Fontainebleau beats all records with a €159,212 (US$237,417) bill. The telephone-number-sized bill covers one month’s use of an unlimited 3G dongle on Orange‘s network; the beleaguered Dr Jean Spadaro has been battling this for six months.

“To begin with I thought it was a joke”, said Spadaro, confirming a story from l’Observateur du Valenciennois; The same newspaper that revealed last week a similar case — Eric Gernez, a café owner in Petite-Forêt near to Valenciennes — who received a bill for €45,000. Christophe Aupy-Fargues, head of an insurance brokerage firm in Saint-Herblain, west of Nantes, and another unlimited 3G dongle user, confirmed to Ouest-France on Monday the blocking of payment on a bill for €39,500 demanded by Orange.

“I subscribed in November 2008 to a basic internet access by 3G dongle at €30 per month […] seeing my bills reach sums going up to €860 in April, I decided in May to subscribe to unlimited access by 3G dongle with Orange business at €50 per month. When I saw my bill for May, I couldn’t believe my eyes: €159,212, for one month’s connection, it’s impossible, especially as we don’t use it all of the time” added Spadaro, the father of two children, aged sixteen and nineteen.

On opening the envelope in June, he expected to read an amount neighbouring the cost of his subscription; but, to his horror, it was €159,212; a demand large enough to make an emergency-room doctor’s head spin.

When I saw my bill for May, I couldn’t believe my eyes: €159,212, for one month’s connection, it’s impossible

Spadaro claims France Télécom (Orange’s parent company) never explained to him that the “unlimited” package only related to the time spent surfing on the Internet — not the volume of traffic — limited to one Gigabyte per month. The package’s quota corresponds to moderate usage (reception of simple emails for example). As normal Internet users, the members of the Spadaro family surfed Facebook, YouTube, sent emails with attachments, received same, &c. That volume of traffic proved to be costly. €0.17 per Megabyte, or €170 per Gigabyte. Until the bills arrived, the Spadaro family were using the Internet, ignorant of the cost being incurred.

The doctor’s bills, not listed in detail, are €53 for February, €346 for March, €860 for April before soaring to more than €159,000 in May. Spadaro also claims, with evidence of his letters in hand, he had increased the number of protest actions and received, in response, “warnings with threats of seizure”.

Battle-weary after six months of contacting his operator, Spadaro has lost all patience. “Since June, I’ve spent hours writing emails, letters or calling Orange to ask for an explanation. I’ve been passed from call centre to call centre, from customer services to debt collection. No one at Orange was able to give me the slightest clarification. A real wall”, he said. He has never contacted a consumer association, “due to lack of time and also because I trusted the people with whom I was speaking”.

At the end of last week he stumbled upon the article on the Observateur du Valenciennois internet site concerning the case of Eric Gernez. He then also threatened Orange with the press. “The result did not tardy”, he continues. “A customer services representative and a debt collector immediately contacted me by email November 16. And immediately afterwards I received a credit for €136,529”. A first credit having already been sent to him in June, Orange now considers the dossier as “definitively resolved”.

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This resolution does not satisfy Jean Spadaro at all, who simply wishes that the bill be cancelled. “I have been a client with Orange for 17 years. I don’t want to attack their image, but here, enough is enough. It’s a question of principles”, he says, highlighting that “on forums, dozens of subscribers tell similar stories”. Furthermore, the two credits do not reimburse him for all of the additional fees he has incurred. “The following months, Orange tried to debit the sum from my account, causing rejection fees from my bank and unpaid fees from the operator. Around €35 each time”.

Exasperated by the whole affair, Spadaro awaits the end of his current contract with Orange in February next year. “I will cancel all of my subscriptions to Orange: 3G+ dongle, but also mobile telephone and internet”, he promises. He has been a client with the operator since 1997.

We will work with each client

Orange has promised to work with each case of overbilling. Interviewed on France 2 on Wednesday, Jean-Paul Cottet, director of the business market for France, said that the number of problems were marginal. According to him, 4,000 professionals have opted for a package with a 3G key. It is “a 24/24 but not unlimited offer. Out of these 4,000 cases, there are 1% which are a problem” he explained, listing about thirty such “absurd bills”. “We will correct that”, he promised. “We will work with each client”.

Jean-Paul Cottet pointed out that the general public offers better protection to the client. Once the authorised download limit is reached, the service quality diminishes but there is no overbilling.

Asked about the information given to clients about the conditions of billing elements not included in the package, Elizabeth Alvez, communications representative for the regional department for the North of France, said that “all the tarification information is available at points-of-sale and on orange.fr. This information is given as part of the dialogue between the client and the vendor. We are obliged to communicate the prices.” Nevertheless, one must first of all take the time to read the entire contract with the salesperson before signing.

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National plant materials center goes native in Washington, DC

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National plant materials center goes native in Washington, DC

March 20, 2019 · Filed under Uncategorized

Thursday, September 15, 2005

Among its many ongoing research studies, the Natural Resources Conservation Service (NRCS) National Plant Materials Center (NPMC), in Beltsville, Maryland, is researching native, ornamental, perennial plants which are tolerant of hot, droughty conditions. The end result of this research is to promote city gardening in the Washington/Baltimore metro area and to eventually expand to the entire mid-Atlantic region.

“The use of native plants are beneficial to the region in that they are already adapted to the cultural conditions present in city environments and are unlikely to displace other native-plant communities,” said Shawn Belt, Horticulturalist at the NPMC. “And, not only do these native plants add to the diversity of inner-city plant materials they encourage wildlife as well.”

Working with NRCS conservationists for Washington, DC, the NPMC has recently installed a “butterfly garden” a native-plant garden at the Myrtilla Miner Elementary School in NE Washington DC. According to Belt, Washington, DC typically has poor soils so this site will be a good evaluation for hot, dry conditions.

“Since there are no farms in DC to award contracts for the various NRCS cost share programs, NRCS does award cost share for schools in order to educate students to the benefits of using native plants in city landscapes,” said Belt.

NRCS conservationists have been encouraging teachers to install butterfly gardens with cost-share money from the Environmental Quality Incentives Programs (EQIP) to help with the costs of installing these gardens.

While working with the school to install the native-plant garden, NRCS employees will evaluate the performance of the plants over the next 3 years. Additionally, evaluations will be continued in other areas of Washington, DC in order to replicate the “experiment” in differing locations.

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City of Calgary, Canada removes fluoride from drinking water

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City of Calgary, Canada removes fluoride from drinking water

March 20, 2019 · Filed under Uncategorized

Thursday, February 10, 2011

Calgary city council voted 10 to 3 on Wednesday to stop fluoridating their water supply. This overturns a previous plebiscite from 1989 to add the fluoride in an attempt to reduce tooth decay.

Opponents of water fluoridation claim that there could be unknown health effects of fluoride, and question its effectiveness in preventing tooth decay. They also claim that individuals should be able to decide for themselves whether or not to use fluoride. However, Alberta Health Services maintains that current evidence shows that fluoride is both safe, and beneficial to dental health.

It is estimated that no longer fluoridating the water supply could save Calgary’s city council C$750 thousand (€550 thousand) annually, as well as cutting a C$6 million (€4.3 million) upgrade to the fluoridation system.

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Wikinews interviews William Pomerantz, Senior Director of Space Prizes at the X PRIZE Foundation

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Wikinews interviews William Pomerantz, Senior Director of Space Prizes at the X PRIZE Foundation

March 19, 2019 · Filed under Uncategorized

Regardless of who wins the prize, people all around the world will be able to experience the mission through high-def video-streams.
Saturday, August 28, 2010

Andreas Hornig, Wikinews contributor and team member of Synergy Moon, competitor in the Google Lunar X Prize, managed to interview Senior Director of Space Prizes William Pomerantz of the X PRIZE Foundation about the competitions, goals, and impacts via e-mail for HDTVTotal.com and Wikinews.

By Wikinews,

the free news source

Other stories: Science and technology
  • 5 March 2019: SpaceX Crew Dragon capsule docks with International Space Station
  • 23 February 2019: Zebra stripes may ‘dazzle’ pathogen-packing horse flies, say scientists
  • 11 February 2019: Pioneering oceanographer Walter Munk dies of pneumonia in California
  • 27 January 2019: Male Magellanic penguins pine for pairings: Wikinews interviews biologist Natasha Gownaris
  • 26 January 2019: US study finds correlation between youth suicide, household gun ownership

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Previous coverage
  • “Japanese probe snatches first asteroid sample” — Wikinews, November 26, 2005
  • “$20 million prize offered in lunar rover contest” — Wikinews, September 13, 2007

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This exclusive interview features first-hand journalism by a Wikinews reporter. See the collaboration page for more details.


This article is part of a page redesign trial on Wikinews. Please leave comments or bug reports on this redesign.This interview originally appeared on HDTVTotal.com, released under the Creative Commons Attribution 3.0 license. Credit for this interview goes to HDTVTotal.com and Andreas -horn- Hornig.

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Details emerge of Honda’s withdrawal from Formula One

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Details emerge of Honda’s withdrawal from Formula One

March 19, 2019 · Filed under Uncategorized

Monday, December 8, 2008

More details have emerged over the weekend after the surprise announcement last week of Honda‘s intention to sell its Formula One racing team, Honda Racing F1. The team management, Nick Fry and Ross Brawn, have already announced confidence in their ability not only to find a buyer for the team but also to deliver the performance expected of Honda’s 2009 car. Prices as low as £1 have been put forward as possible prices tags for the Northampton based team, with Honda CEO Takeo Fukui stating that “Just to make the team possible to exist, a small price tag is acceptable”.

On Saturday the Japanese car giant said that before selling the team it was going to offer British driver Jensen Button, who had given the Honda team its only victory, a way out of his recently signed multi-million pound contract with the team so he could try to get a drive with other teams. However, Ross Brawn appears eager to retain the Briton and either retain Brazilian Rubens Barrichello or sign GP2 driver Bruno Senna, nephew of legendary racer Ayrton Senna. At an industry awards dinner, Button indicated his desire for a buyer to be found for Honda, saying any buyer would get “… a great team with excellent facilities. And with the leadership of Ross Brawn, and the whole team as they are, we can come through this and be on the grid in 2009”. Button has also spoken of his shock and pain at Honda’s decision.

Ross Brawn, who was brought into the Honda team with much fan fare before the 2008 season, has spoken of his shock at finding out about the sale of the team. Brawn, who is credited with helping Michael Schumacher and Ferrari dominate Formula One for much of the last decade, indicated he was expected funding cuts and had prepared a reduced budget but hadn’t expected the full withdrawal of support that Honda announced. Brawn has also indicated understanding of Honda’s reasoning, with their sales down 40% in some markets and Honda F1’s £200m+ budget a cost they were unwilling to bear.

Though Honda has committed to providing a budget for the team until March, the budget is lower than that which had been expected and so the team has had to pull out of the crucial winter tests at Jerez. This has denied Formula One hopeful Bruno Senna another test with the team and has combined with the engine implications of Honda’s withdrawal to push the new car’s final testing from January to March, just weeks before the first Grand Prix in Australia. Ross Brawn however remains confident of competing with new Formula One frontrunners BMW Sauber and Formula One supremo Bernie Ecclestone has tipped the team as a great buy, saying “I’ve no doubt Honda would have been in top four next year without any problems. They’ve spent a lot of money to put themselves in that position so if anyone does want to be in F1 this is a team they should look to buy. It’s a big opportunity for any company that’s run efficiently to benefit”.

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Wikinews Shorts: September 6, 2006

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Wikinews Shorts: September 6, 2006

March 18, 2019 · Filed under Uncategorized

Wednesday, September 6, 2006

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Australia/2006

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Australia/2006

March 18, 2019 · Filed under Uncategorized

Contents

  • 1 January
  • 2 February
  • 3 March
  • 4 April
  • 5 May
  • 6 June
  • 7 July
  • 8 August
  • 9 September
  • 10 October
  • 11 November
  • 12 December

[edit]

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Get Help For A Toothache In Kamuela With Trained Dental Professionals Today

March 18, 2019 · Filed under Pain Management

byadmin

Living with pain is one of those universally unpleasant experiences that we all know and hate. When you are stuck in a world of pain, it can be hard to focus on anything else, which, of course, only intensifies the pain. What’s more, that resulting distraction can lead to everything from lower productivity at work to a decreased ability to do what you love and thus less and less happiness.

This is especially true when it comes to dental pain. Sure, a “mere” a toothache may not sound as if it is much but ask anyone who’s ever had a serious case and he or she will tell you how intense and lasting the pain can be. Thankfully, you can seek the help you need with the best dentists trained to treat and cure a toothache in Kamuela.

Treating Your Pain

When you see dentists about your toothache, they will get you settled before beginning a thorough examination of the area. There are many possible reasons for a toothache, ranging from the more mundane and benign to far more serious conditions. They can mean and be caused by everything from a stray particle of food that’s lodged itself in your tooth or gums to a root canal or similar such condition.

Once they have identified the source of your pain, the best dental experts will set about devising a way to cure it. What’s more, they can help provide you with painkilling medication while they operate or otherwise deal with your condition, thereby sparing you even more pain.

Experience You Can Trust

When it comes to something as important as the health of your teeth and ridding yourself of pain, you’re going to want to work with a team you can trust. That’s why the best dental professionals working in the Kamuela area can point to decades of dedicated experience to their credit.

Contact Kubo Brian S DDS Inc. to get started towards a pain-free future today.

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Global markets surge in value

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Global markets surge in value

March 18, 2019 · Filed under Uncategorized

Monday, October 13, 2008

Markets worldwide have surged in value following efforts by governments to ease the effect of the ongoing financial crisis, which has recently caused a massive decline in the value of stock markets.

On Sunday, the fifteen countries from the Eurogroup – that is, those countries which use the euro as official currency – had agreed on a joint plan to face the crisis, which would consist in supporting financial institutions and by guaranteeing interbank loans.

The Eurogroup meeting was the last of many which took place during the weekend. The G7 nations had met in Washington at the same time that the International Monetary Fund and the World Bank held their Autumn meetings.

The Dow Jones Industrial Average index is one of the indexes that have done particularly well today, and it closed up 11.08%, well over 9,000 points. General Motors was the best performer in this index, with its value rising by 31.49%. The Nasdaq rose by 11.81%.

The FTSE 100 has today gone up in value by 8,26%, to take the index back over the four thousand mark. TUI Travel was the best performing company in this index. It went up by 41.25 points (21.48%), to take it to a new share price of 233.25. Some shares in the FTSE, however, have continued to fall dramatically. HBOS today dropped in value by 31.48%.

The Brazilian Bovespa index today went up by 14,66%, while the Hang Seng and Singapore Straits Times went up by 10.24% and 6.57% respectively.

Stocks exchanges in Tokyo, Buenos Aires and Toronto were closed due to national holidays.

22:00, Monday, October 13, 2008 (UTC)
  • DJIA
  • 9.387,61 936,42 11,08%
  • Nasdaq
  • 1.844,25 194,74 11.81%
  • S&P 500
  • 228,14 23,30 11,37%
  • S&P TSX
  • 9.065,16 0,00 0.00%
  • IPC
  • 22.095,90 2.190,62 11,01%
  • Merval
  • 1.215,990 0.00 0,00%
  • Bovespa
  • 40.829,13 5,219.63 14,66%
  • FTSE 100
  • 4.256,90 324,84 8,26%
  • DAX
  • 5.062,45 518,14 11,40%
  • CAC 40
  • 3.531,50 355,01 11,18%
  • SMI
  • 5.956,32 609,10 11,39%
  • AEX
  • 285,27 27,22 10,55%
  • BEL20
  • 2.324,80 201,36 9,48%
  • MIBTel
  • 17.125,00 1.687,00 10,93%
  • IBEX 35
  • 9.955,70 958,00 10,65%
  • All Ordinaries
  • 4.141,90 202,40 5,14%
  • Nikkei
  • 8.276,43 0,00 0,00%
  • Hang Seng
  • 16.312,20 1.515,29 10,24%
  • SSE Composite
  • 2.073,57 73,00 3,65%

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