Why are environmental agencies celebrating Trump’s cuts?

Source: The New Republic
by Emily Atkin

“The Environmental Protection Agency is thrilled with Donald Trump’s proposed budget for fiscal year 2018. According to an agency press release on Tuesday, the budget ‘provides $5.655 billion to help the agency protect human health and the environment.’ It ‘aims to reduce redundancies and inefficiencies and prioritize EPA’s core statutory mission of providing Americans with clean air, land, and water,’ and it allocates millions of dollars for clean air programs, Superfund and Brownfield site cleanups, and safe drinking water. Given such rosy language, one would be forgiven for missing the fact that Trump’s budget would reduce the EPA’s funding by 31 percent — the highest percentage cut to any federal agency — and ax 3,200 employees. The Superfund program would get cut by 25 percent, the Brownfields program by 36 percent. And while the agency says the budget is ‘improving America’s air quality’ and ‘ensuring clean and safe drinking water,’ it ignores the dramatic cuts to programs that aim to do both things.” (05/24/17)


Fed sets process to wind down $4.5 trillion balance sheet

Source: CNBC

“Federal Reserve officials appear to be in sync on how they plan to unravel the mammoth stimulus implemented during the financial crisis. The Fed is holding a $4.5 trillion portfolio, known as its ‘balance sheet,’ of mostly government debt it accumulated in the years after the crisis. Until now, the central bank has been taking the proceeds it receives from maturing debt and reinvesting them in more bonds. In recent days, officials have been indicating that the balance sheet will be unwound, likely starting later in the year, raising questions from investors about how the process will work and what impact it will have.” (05/24/17)


Free Talk Live, 05/24/17

Source: Free Talk Live

“Vermont Governor Vetos Cannabis Legalization :: Dave Ridley No Trespassed Outside Prison :: Drinking Age :: Alcoholism and Teen Drinking :: Libertarian Leaning :: Caller Claims He Not Stoned :: Good News For Bitcoin? Is the geek war over? :: Ron Paul vs Giuliani :: More on the Bitcoin Roadmap :: HOSTS — Ian, Mark, Darryl.” [various formats] (05/24/17)


The Maine thing

Source: Common Sense
by Paul Jacob

“Ranked Choice Voting (RCV) allows voters to rank electoral candidates and not ‘waste’ their vote in cases where their most favored candidate is unlikely to win. RCV also requires a majority for election, not merely a plurality of the vote. Last November, Mainers passed Question 5 to begin using this voting system for statewide races, state legislative races and congressional contests. Voters in Portland, the state’s largest city, already use ranked choice voting for several city offices. Nonetheless, Gov. Paul LePage, who has won twice for governor without ever capturing a majority, opposes RCV, as do many state legislators, also elected under a different first-past-the-post plurality system.” (05/25/17)


Why nuclear power subsidies must end

Source: Independent Institute
by William F Shughart II

“Should utility bills and taxes be used to subsidize money-losing nuclear power plants so they can compete with renewable energy and low-cost natural gas? New York and Illinois, bowing to pressure from a powerful nuclear utility, believe the answer is yes. Several other states, including Connecticut, New Jersey, Ohio and Pennsylvania, may follow suit, arguing that the subsidies will save nuclear power-plant jobs and help electric utilities meet environmental mandates to reduce carbon emissions. That’s just one side of the story. The other side is this: The bailouts (subsidies by another name) reward poor management and bad judgment and would cost homeowners and businesses billions.” (05/24/17)


Security experts: Hackers are hiding computer viruses in film subtitles

Source: Telegraph [UK]

“Hackers can hide computer viruses in online video subtitles and use them to take control of computers, security experts have warned. The attacks are embedded within the subtitle files that accompany many illegally downloaded films, and easily bypass security software and antivirus programs designed to keep computers safe. Check Point, the security group that discovered the flaw, said millions of people who use video software including to stream or play films and TV shows on computers could be at risk. They warned that the attack lets hackers take ‘complete control’ over any type of device using the software, including smart TVs. It identified four programs — VLC, Kodi, Popcorn Time and Stremio — but said there could be more.” (05/25/17)


The Tom Woods Show, episode 916

Source: The Tom Woods Show

“Congressman John ‘Jimmy’ Duncan Jr. has served in the U.S. House of Representatives from Tennessee for 29 years. He is the last remaining Republican House member who voted against the war in Iraq. He serves on the board of the Ron Paul Institute for Peace and Prosperity.” [various formats] (05/25/17)


Why Salman Abedi grew to hate us

Source: spiked
by Alaa Al-Ameri

“Abedi was not disenfranchised. He was not rejected by British society. He was taught to reject and hate it, despite everything it gave him and his family. His older sister has reportedly said that Abedi was looking for ‘revenge’ for the ‘ill-treatment’ of Muslims in the UK and Syria. This is the circular logic of the Islamist victimhood narrative that almost every Muslim growing up in the UK will have been exposed to at one time or another. Western governments, and therefore Western societies, are to blame for all instances of intervention in Muslim majority countries, and are equally culpable should they fail to intervene.” (05/25/17)


Can Trump salvage his presidency in Syria’s war?

Source: Antiwar.com
by Shamus Cooke

“The political noose is tightening around Trump’s neck, and he’s got only one way out: war. The U.S. involvement in the Syrian war is accelerating as Trump’s talons dig deeper into the conflict. If he successfully clutches his prey he stands a chance of clinging to the presidency. The Democrats, now circling a wounded Trump, will happily feast instead on a rotting Syria: the only thing that can keep the Democrats from destroying Trump is if Trump destroys Syria.” (05/25/17)


Beijing protests US Navy patrol through South China Sea

Source: Washington Post

“China protested a U.S. Navy patrol that sent a guided missile destroyer near a group of man-made islands in the South China Sea on Thursday, in the first American challenge to Beijing’s claims to the waters since President Donald Trump took office. China’s Defense Ministry told reporters that it had sought an explanation with U.S. officials over the incident, which Beijing said involved the USS Dewey and took place around Mischief Reef, one of a chain of artificial islands China has built and fortified to assert its claims over the strategic waterway.” [editor’s note: Presumably the US regime came up with the name “Mischief Reef.” The Chinese regime probably calls it “Heroic Defense Reef” or something – TLK] (05/25/17)