The Fossil Fuel Industry Spent More Than $721 Million During 2014’s Midterm Elections

Stephan:  This is how you buy the government of the United States. You say, "$721 million is a lot of money." I respond it is a cost of business item. Fossil fuel companies operating in the U.S. and Canada made $271 billion dollars in profit in 2012, while continuing to receive billions in subsidies. As of April 14, 2014 , according to Mother Jones, "Taxpayers currently subsidize the oil industry by as much as $4.8 billion a year, with about half of that going to the big five oil companies—ExxonMobil, Shell, Chevron, BP, and ConocoPhillips." So let me see. They spent $721 million to buy the government; they got $4.8 billion in subsidies. And the conclusion is: You and I paid the fossil fuel companies through subsidies, money which they metaphorically in turn used to buy the government so that it operates responsive to their interests, rather than the interests of the citizens who paid the taxes. What a deal.    

FossilFuel122414The 2014 midterm elections saw a wave of Republican candidates elected and re-elected to federal office, many of whom are now rearing to make the environment their first casualty of the 114th Congress. As it turns out, the fossil fuel industry may have had something to do with that.

Taking into account direct contributions to individuals and groups, spending on television ads and lobbying, the energy industry spent more than $721 million during the 2014 election cycle, according to an analysis released Monday by the Center for American Progress.

That analysis — conducted with data from the Center for Responsive Politics and Kantar Media Intelligence — found that the industry as a whole gave $84 million to candidates, political parties and Political Action Committees (PACs), spent $163 million on television ads, and paid nearly $500 million to Washington lobbyists in the two years leading up the elections.

Environmental organizations also spent a great deal of money during the 2014 midterm elections. However, the money was spent differently, and altogether amounted to a fraction of energy industry contributions.

According to […]

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The Government Problem

Stephan:  Most commentators, left or right, are as predictable as a recipe. They have an ideological slot, and they produce the comments that slot supports. Robert Reich is one of the few public intellectuals who actually thinks and finds facts dispositive. This is essay on government I think is spot on.
Economist, professor, author and political commentator Robert Reich.  Credit: Richard Morgenstein

Economist, professor, author and political commentator Robert Reich.
Credit: Richard Morgenstein

Some believe the central political issue of our era is the size of the government. They’re wrong. The central issue is whom the government is for.

Consider the new spending bill Congress and the President agreed to a few weeks ago.

It’s not especially large by historic standards. Under the $1.1 trillion measure, government spending doesn’t rise as a percent of the total economy. In fact, if the economy grows as expected, government spending will actually shrink over the next year.

The problem with the legislation is who gets the goodies and who’s stuck with the tab.

For example, it repeals part of the Dodd-Frank Act designed to stop Wall Street from using other peoples’ money to support its gambling addiction, as the Street did before the near-meltdown of 2008.

Dodd-Frank had barred banks from using commercial deposits that belong to you and me and other people, and which are insured by the government, […]

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America’s Dangerous Turn to Anti-Intellectualism

Stephan:  One of the most toxic aspects of fundamentalism is not just its commitment to ignorance, but its insistence that society as a whole should be electively unlearned. In Red value states where the Theocratic Right holds sway it reaches quite alarming levels, as this report describes.

Quantum Physics Just Got A Tiny Bit Easier To Understand, As Two Oddities Merge Into One

Stephan:  Here are the latest insights on Quantum Theory, an area of physics that lies at the heart of what we call reality.

n-QUANTUM-PHYSICS-large570No one is about to claim that quantum physics is now easy to understand, but maybe it’s not quite as devilishly complicated as we thought.

New research suggests that two of the quantum world’s most mysterious features–the uncertainty principle and wave-particle duality–are simply two sides of a single coin.

“The connection between uncertainty and wave-particle duality comes out very naturally when you consider them as questions about what information you can gain about a system,” Dr. Stephanie Wehner, an associate professor at Delft University of Technology in the Netherlands and one of the scientists behind the research, said in a written statement. “Our result highlights the power of thinking about physics from the perspective of information.”

Wave-particle duality is the idea that elementary particles can exhibit wave-like behavior–for example, as seen in the classic double-slit experiment. The uncertainty principle holds that it’s impossible to know both the position and momentum of a particle at the same time.

The proposed unification of the two features may bring new advances in cryptography, Dr. Patrick Coles, a postdoctoral […]

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