36% Of Americans Haven’t Saved Anything For Retirement

Stephan:  Here is some more on the Decline of the Middle Class Trend. This is such a sad story, particularly when one realizes none of this need have happened. This is all the result of the Rightist economic policies which have bloomed like evil flowers beginning with Reagan. To obtain entire report: http://www.bankrate.com/finance/consumer-index/financial-security-charts-0814.aspx

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PHILADELPHIA (CBS) – Over a third of all Americans (36%) have not saved any money for retirement, according to a new Bankrate.com (NYSE: RATE) report. Sixty-nine percent of 18-29 year-olds haven’t saved anything, along with 33% of 30-49 year-olds, 26% of 50-64 year-olds and 14% of people 65 and older.

READ: Attack On Philadelphia Park Ranger Caught On Tape

I would like to take this opportunity to thank my dear mother for insisting that I start putting away money as soon as I got my first job out of college. It certainly has added up over 25+ years and indeed mother knows best.

The good news is that Americans who are saving are starting earlier. Twice as many 30-49 year-olds started saving in their 20s as opposed to their 30s. But 50-64 year-olds were only slightly more likely to have started saving in their 20s than their 30s, and Americans 65 and older were almost evenly split between starting in their 20s, 30s and 40s.

‘Regardless of age, there is no better time than the present to start saving for retirement,” says Bankrate.com chief financial analyst […]

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Guns Everywhere: Georgia Man Shoots Self in Hand Outside Bar, Stray Bullet Kills Woman

Stephan:  Georgia in the throes of the Theocratic Rightists passed one of the stupidest laws one could imagine, open carry of guns in bars. What could possibly go wrong? Here's what.

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Police believe a man outside a bar in Georgia accidentally shot himself in the hand, and the same bullet killed a woman across the street.

Police on Saturday responded to a call of shots fired outside the Old Heidelberg restaurant and bar, and found 53-year-old Glenn Patrick Lampien sitting on a bench, according to the Atlanta Journal Constitution. Lampien was bleeding from a gunshot wound to his hand.

Officers soon learned that a Texas woman across the street had been shot by the same bullet that traveled through Lampien’s hand. Attempts to save the woman at the scene were not successful, and she was pronounced dead.

A statement from police on Sunday said that Lampien would be charged with involuntary manslaughter.

Employees at the Old Heidelberg said that they have been instructed not to talk about the case, and would not confirm if Lampien had been drinking before the incident. Less than two months ago, Gov. Nathan Deal (R) signed House Bill 60, which allows guns to be carried in bars and other places.

Lampien’s wife told the Atlanta Journal Constitution that she had not been with […]

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Militarized Police and the Threat to Democracy

Stephan:  Dennis Kucinich has written what I think is a very sensible assessment of the rise of the militarized police in the U.S.. This trend is going to be one of the major legacies of the Obama Administration, a legacy of shame.

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As a former big city mayor of a racially diverse city, Cleveland, Ohio, I can understand the cross currents sweeping through Ferguson, Missouri.

We are at a moment of national crisis in the way our domestic law enforcement is being conducted. The killing of an unarmed civilian by a law enforcement officer is, sadly, not unique. But the police response to the protests has provided a powerful cautionary moment for America. The militarization of local police has led to the arrival today in Ferguson of the actual military, the National Guard.

This crisis comes from:

1) The erosion of a principle in federal law, Posse Comitatus, meant to restrict the use of the military in civilian law enforcement;
2) The Pentagon’s dispersal of military equipment to domestic police units, which has increased since 9/11;
3) Military-style police training reliant upon weaponry, as opposed to peace keeping, including skills development for de-escalation of violent tensions.

An unarmed, African-American teenager was shot and killed by a policeman. As people protested, the Ferguson police response evoked images of an occupying army come home.

The show of military-style force […]

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Report: California Should Prepare for 3-foot Sea Level Rise This Century

Stephan:  SR has been covering climate change since 1991 and, in all that time, the one constant has been the collapse of the timeline. Here is the latest. Very scary stuff for San Francisco.

sealevelCalifornia is ‘woefully unprepared” for the challenge of accelerating sea-level rise and could potentially lose billions of dollars in revenue due to related impacts, according to a final report recently issued by the Assembly Select Committee on Sea Level Rise and the California Economy.

Chaired by state Assemblyman Richard Gordon, D-Menlo Park, the Select Committee held a series of hearings around the state featuring testimony from scientists and industry leaders about potential impacts to the state’s economy and infrastructure.

Rep. Jackie Speier, D-Hillsborough, has called San Mateo County ‘ground zero” for sea level rise on the West Coast because so many of its assets are located at sea level.

The Select Committee’s final report urges Californians to prepare for the seas to rise by an average of three feet during this century, and cites data generated in the Bay Area to support that conclusion. The nation’s oldest continually operating sea-level gauge, which is located at Fort Point in the San Francisco Bay, recorded a seven-inch rise in area sea level during the 20th century, the report says. According to a 2012 report by the […]

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The Most Wanted Man in the World

Stephan:  This is a fascinating article about Edward Snowden. It says as much about the incompetence of the NSA -- I think there must be some sort of inverse ratio between money and competence in the intelligence world -- as it does about the cleverness of Snowden. The idea that there is now a second leaker, sending material out under Snowden's name I found particularly interesting.

safe_imageThe message arrives on my ‘clean machine,” a MacBook Air loaded only with a sophisticated encryption package. ‘Change in plans,” my contact says. ‘Be in the lobby of the Hotel ______ by 1 pm. Bring a book and wait for ES to find you.” ¶ ES is Edward Snowden, the most wanted man in the world. For almost nine months, I have been trying to set up an interview with him-traveling to Berlin, Rio de Janeiro twice, and New York multiple times to talk with the handful of his confidants who can arrange a meeting. Among other things, I want to answer a burning question: What drove Snowden to leak hundreds of thousands of top-secret documents, revelations that have laid bare the vast scope of the government’s domestic surveillance programs? In May I received an email from his lawyer, ACLU attorney Ben Wizner, confirming that Snowden would meet me in Moscow and let me hang out and chat with him for what turned out to be three solid days over several weeks. It is the most time that any journalist has […]

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