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Keyword: unsustainable

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  • Egypt Struggles With ‘Catastrophic’ Population Growth

    12/22/2017 6:46:29 AM PST · by blam · 10 replies
    Breibart ^ | 12-22-2017 | Breitbart Jerusalem
    CAIRO (AFP) — Ali Abdelaziz sees children as a “gift from God”, so much so that he has 10 of his own, even as Egypt’s government struggles to stem a “catastrophic” population boom. Abdelaziz works in the capital as a doorman, but his children stay in a village with their mother in the southern province of Minya where life is cheaper. Egypt’s overpopulation is adding pressure on the economy, already reeling from the political and security turmoil since the 2011 uprising that toppled former president Hosni Mubarak. With 96 million inhabitants — and 9.4 million expatriates — the Arab world’s...
  • Pa. Turnpike wedded to toll hikes, mired in debt

    08/20/2016 8:06:18 PM PDT · by Tolerance Sucks Rocks · 35 replies
    The Lehigh Valley Express-Times ^ | July 31, 2016 | Express-Times Letter to the Editor
    Is it possible that a toll road could price itself right out of its market? That's essentially what the Pennsylvania Turnpike is prescribing for itself. Last week the Turnpike Commission informed us that tolls will go up a ninth consecutive year in 2017 — and stay on a steadily upward trajectory until 2044. And of course, there's no guarantee after that. By then, we can only hope, the turnpike will have morphed into a giant solar-powered car-train — for self-driving cars, of course. "Unsustainable" is an overused word these days, but it applies to the toll road's future. The turnpike...
  • Across Africa, the worst food crisis since 1985 looms for 50 million

    05/22/2016 8:50:55 AM PDT · by Lorianne · 66 replies
    Guardian UK ^ | 22 May 2016 | John Vidal
    Harvest should be the time for celebrations, weddings and full bellies in southern Malawi. But Christopher Witimani, Lilian Matafle and their seven children and four grandchildren had nothing to celebrate last week as they picked their meagre maize crop. Last year’s drought, followed by erratic rains, hit the village of Nkhotakota hard. But this year the rains never came and, for a second year running, the family grain store is empty. If they manage their savings carefully and eat just one small meal a day, they may just have enough food for two more months. By August, said Irish charity...
  • United Health to trim ACA exchanges to 'handful' of states (Largest US Insurer Exits on Huge Losses)

    04/19/2016 7:56:10 AM PDT · by xzins · 56 replies
    AP ^ | 19 Apr 16 | TOM MURPHY
    UnitedHealth, the nation's biggest health insurer, will cut its participation in public health insurance exchanges to only a handful of states next year after expanding to nearly three dozen for this year. CEO Stephen Hemsley said Tuesday that the company expects losses from its exchange business to total more than $1 billion for this year and last. He added that the company cannot continue to broadly serve the market created by the Affordable Care Act's coverage expansion due partly to the higher risk that comes with its customers. UnitedHealth Group Inc. said it now expects to lose $650 million this...
  • When Sweden shut its doors it killed the dream of European sanctuary

    11/27/2015 1:52:29 AM PST · by Berlin_Freeper · 40 replies ^ | November 27, 2015 | Andrew Brown
    ...The unprecedented scale and speed of the autumn’s refugee crisis has forced even the Swedish political class to acknowledge that the ground beneath its feet has shifted forever. There is simply no more money, and no more housing, for everyone who wants to come, and for everyone who was entitled to do so under the old rules.
  • ( NYC ) City housing agency faces $98M shortfall

    03/29/2015 10:31:11 AM PDT · by george76 · 16 replies
    Crains - New York ^ | March 27, 2015 | Amanda Fung
    The beleaguered New York City Housing Authority said it faces a $98 million budget gap this year that will grow to $400 million by 2025 ... the "financial model for pubic housing is unsustainable." Meanwhile, the Daily News also reported that NYCHA sold off supplies that were needed for repairs and cleanup at its complexes across the city.
  • Over A Quarter of All Households on Food Stamps Headed By Someone With At Least "Some" College

    01/28/2014 1:13:29 AM PST · by 2ndDivisionVet · 6 replies
    Townhall / The Associated Press ^ | January 27, 2014 | Christine Rousselle
    The Associated Press reported today that 28 percent of households that receive food stamps are headed by someone who has at least "some" college experience. In 1980, this figure was eight percent. Seven percent of households who receive food stamps are headed by someone with a bachelor's degree. In 1980, this figure was only at three percent....
  • R.I.P. The Oil Drum 2005-2013 {Peak Oil proclaimers giving up}

    07/05/2013 11:05:18 AM PDT · by thackney · 23 replies
    Red State ^ | July 3rd, 2013 | Steve Maley
    It was with some dismay that I read this morning of the impending end of The Oil Drum, perhaps the leading “peak oil” blog … … due to scarcity of new content caused by a dwindling number of contributors. Despite our best efforts to fill this gap we have not been able to significantly improve the flow of high quality articles. Because of this and the high expense of running the site, the board has unanimously decided that the best course of action is to convert the site to a static archive of previously published material as of 31st July...
  • Why Work? Household Welfare Spending $168 Per Day, Higher Than Median Income

    01/28/2013 1:40:39 AM PST · by 2ndDivisionVet · 100 replies
    Independent Journal Review ^ | December 10, 2012 | Kyle Becker
    Those who work for a living might want to put away shoes, hammers, and other hard objects to keep from throwing them through the computer. A new study shows that on average the government spends $168 per household on various assistance programs, one-fifth more than the median income of $137. As the Republican side of the Senate Budget Committee reported (after all, who else in government is going to do it?), welfare spending per hour per household in poverty is $30.60, which is higher than the $25.03 median income per hour. The Weekly Standard points out that direct welfare payments...
  • Immigration reform could add millions of people under Obama health law

    01/27/2013 5:01:26 PM PST · by 2ndDivisionVet · 21 replies
    The Hill ^ | January 26, 2013 | Elise Viebeck
    Comprehensive immigration reform could make millions of people suddenly eligible for assistance under President Obama's healthcare law, assuming a final deal paves the way for undocumented immigrants to receive papers. Illegal aliens are now prohibited from purchasing coverage through the Affordable Care Act's insurance exchanges, which will launch next year. They are also ineligible for Medicaid under most circumstances, making the law's expansion of the program fruitless for people without documents. Even young illegal immigrants with "deferred action" status, known as "DREAMers," cannot access the law's benefits. But the picture could change completely if Hispanic lawmakers get their wish —...
  • Oh really Mr.Reptilian Republican?

    08/30/2012 6:30:27 PM PDT · by RaisingCain · 25 replies
    The Market Ticker ^ | 8/30/2012 | Karl Denninger
    Oh Really Mr. Reptilian Republican? By Karl Denninger (8/30/2012) Last night was a spooge-fest at the RNC; one of the more-common lies was Ryan's: “Before the math and the momentum overwhelm us all, we are going to solve this nation’s economic problems,” Ryan said. “And I’m going to level with you. We don’t have that much time. But if we are serious, and smart, and we lead, we can do this.” Oh really Paul? Paul Ryan, for those who have been living in a cave for the last couple of years, has put forward two separate "budgets" that are nothing...
  • Nestle blames biofuels for high food prices

    07/18/2012 2:03:37 PM PDT · by CutePuppy · 62 replies
    BBC ^ | July 18, 2012 | James Melik
    The head of the world's largest food producer believes high prices are due to the growing of crops for biofuels."The time of cheap food prices is over," says Nestle chairman Peter Brabeck-Letmathe. He is highly critical of the rise in the production of bio-diesel, saying this puts pressure on food supplies by using land and water that would otherwise be used to grow crops for human or animal consumption."If no food was used for fuel, the prices would come down again - that is very clear," he says. "We are now in a new world with a completely different level...
  • Greece Dodges Leftist Bullet, But Bigger Battles Loom

    06/18/2012 5:43:08 PM PDT · by Kaslin · 1 replies
    IBD Editorials ^ | June 18, 2012 | Editor
    EU: Staring down the abyss of isolation offered by the far left, Greece's voters had the sense to pull back, electing a pro-bailout center-right party in Sunday's vote and staying in the euro. But are they ready for real austerity? As surprising and relieving as it was to see Greeks vote for the New Democracy party which took 29.4% of the votes in Sunday's multiparty election, the result is the best of bad alternatives. Voting in New Democracy for a second time since the government failed in May bought time, but the real issue is whether Greece has the will...
  • Christie goes all Scott Walker on Jersey

    06/24/2011 11:50:53 AM PDT · by mandaladon · 30 replies · 1+ views
    Hot Air ^ | 24 Jun 2011 | Jazz Shaw
    We may never know how he did it. It could have involved some sort of broad scale mind control experiment. Perhaps he brought in somebody from over the border in Delaware to cast a spell on the state legislature. But in New Jersey – a state generally defined by partisan warfare between liberal Democrats and really liberal Democrats – Governor Chris Christie has met the public workers unions on the field of battle and sent them running like pigs from the gun. New Jersey lawmakers on Thursday approved a broad rollback of benefits for 750,000 government workers and retirees, the...
  • Top Green Admits: “We Are Lost!”

    05/04/2011 6:56:48 AM PDT · by Lakeshark · 37 replies
    The American Interest ^ | 5/3/2011 | Walter Russell Meade
    George Monbiot of the left-leaning British newspaper The Guardian has a must-read column in which he admits that because of a whole series of intellectual mistakes, the global green movement’s policy prescriptions are hopelessly flawed. Read the whole piece for a thoughtful and brutally clear expose of the intellectual bankruptcy of the green movement from one of the smartest people in it. This is what I’ve been getting at for more than a year here: regardless of what is happening to Planet Earth, the green movement does not have coherent and workable solutions.
  • CLASS is the next huge taxpayer bailout

    Are you ready for the next massive taxpayer bailout? Many of the same lawmakers who infuriated taxpayers by bailing out Wall Street, the auto companies, and Fannie Mae and Freddie Mac recently created a new program virtually guaranteed to require bailouts. And unlike those one-time bailouts, this one will become an annual taxpayer expense. The Community Living Assistance Services and Supports (CLASS) Act is a new long-term care insurance program. The concept had floated around Washington for years before Congress inserted it into the Obamacare health law — most likely to provide a $70 billion piggybank that could be raided...
  • Bell (California) City Manager Makes Nearly $800,000 A Year

    07/19/2010 6:44:21 PM PDT · by Spktyr · 45 replies · 2+ views
    Los Angeles Wave ^ | Jul 15, 2010 | N/A
    One of the poorest cities in Los Angeles County has come under public scrutiny for paying its top officials some of the highest salaries in the nation, including almost $800,000 annually for its city manager. The city of Bell pays Chief Administrative Officer Robert Rizzo $787,637 annually, and also pays police Chief Randy Adams $457,000 a year, about 50 percent more than Los Angeles Police Chief Charlie Beck or Sheriff Lee Baca make, the Los Angeles Times reported. Assistant City Manager Angela Spaccia is paid $376,288 annually, which is more than most city managers are paid. Rizzo, who has run...
  • Obama says situation in Mideast 'unsustainable'

    06/09/2010 1:00:49 PM PDT · by NormsRevenge · 38 replies · 122+ views
    AP on Yahoo ^ | 6/9/10 | Darlene Superville - ap
    WASHINGTON – President Barack Obama called the increasingly tense environment in the Mideast "unsustainable" Wednesday and said Israel needs a "better approach" in blockaded Gaza that would satisfy security and humanitarian needs. Turning his attention to the troubled region as he welcomed Palestinian leader Mahmoud Abbas to the White House for talks, Obama also predicted "real progress" in coming months in U.S. efforts to nudge the Israelis and Palestinians toward direct peace talks. The meeting came a little more than a week after Israel's deadly May 31 raid on a flotilla hoping to break the blockade. Nine men in the...
  • Euphoria Over Greece Bailout Ignores Fannie Mae Death Rattle!

    05/10/2010 6:28:09 AM PDT · by Stayfree · 6 replies · 315+ views
    Various | May 10, 2010 | Stayfree
    Fannie Mae reported a net loss $13.1 billion on Monday and forecast weakness in the housing and mortgage markets to continue throughout 2010.
  • Unions Making Postal Service Unsustainable, GAO Says Understatement of the year!)

    04/15/2010 11:48:11 AM PDT · by yoe · 46 replies · 1,042+ views
    CNSNEWS ^ | April 15, 2010 | Fred Lucas
    The U.S. Postal Service’s business model is not sustainable, and union-backed generous employee benefits along with collective bargaining contracts are a big part of the problem, according to a report by the Government Accountability Office. As mail volume has plummeted by 17 percent – or by 36 billion pieces – in the past three years, collective bargaining contracts have forced the Postal Service to keep full-time employees with full health and retirement benefits and preclude outsourcing of services. “Limitations on the workforce mix of full-time and part-time postal employees and workforce flexibility rules contained in contracts with USPS’s unions are...