Harvesting Energy from Electromagnetic Waves

In the future, clean alternatives such as harvesting energy from electromagnetic waves may help ease the world’s energy shortage

For our modern, technologically-advanced society, in which technology has become the solution to a myriad of challenges, energy is critical not only for growth but also, more importantly, survival. The sun is an abundant and practically infinite source of energy, so researchers around the world are racing to create novel approaches to “harvest” clean energy from the sun or transfer that energy to other sources.

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BP CEO gets 25% pay rise while profits drop

banksBP Chief Executive Bob Dudley was given a 25 percent rise in total pay and bonuses in 2014 despite a drop in profits at the oil major, according to the annual report.

Dudley’s remuneration rose from $10.17 million in 2013 to $12.74 million last year, according to BP’s annual report released Tuesday. He also received $9.8 million in share awards. In January the company cuts its capital spending program and imposed a salary freeze, weeks after axing hundreds of jobs in Scotland and thousands more globally as a result of falling oil prices and profits. BP has frozen the pay of its 84,000 workforce around the world after a nearly 50 percent fall in crude prices since last summer.

BP’s chief will receive a deferred bonus package of $3.4 million. There was no bonus in 2013 as BP was facing aftermath of the disastrous spill in the Gulf of Mexico in 2010. Dudley’s base salary increased only by 3 percent to $1.8 million. His annual bonus fell to $1million last year from $2.3 million in 2013; this was partly due to his decision to defer $1million for three years. The chief executive will see no salary increase in 2015 in line with the company’s pay freeze and spending cuts.

In February BP’s workers went out on strike in the UK, seeking tighter regulations to prevent worker fatigue, a reduction of non-union contract workers, and wage increases for its members.

Shareholders have criticized BP for its executive pay packages. Dudley’s pay for 2013, which tripled over 2012, has been criticized by some shareholders as well. Nevertheless, it was approved by the majority of the shareholders, with the company arguing it can retain top talent only by paying its executives competitive salaries.

Read more » http://rt.com/business/237617-bp-dudley-remuneration-rise/

UK begins testing driverless cars with ambitions for world leadership in industry

Britain has begun testing its own driverless cars, as the government has agreed to a “light touch, non-regulatory approach” to testing the vehicles on public roads, following a six-month review of the country’s technical adaptability to driverless tech.

The UK government has channeled £19 million ($29 million) into four pilot programs across the country, it was revealed Wednesday.

A government review also pointed out that by 2030, Britain expects to become a leader in the field. Not only that – by then you’ll also be able to sit back, surf the net and completely disregard the fact that you’re on a perilous journey with hundreds of other automated vehicles around you.

Read more » http://rt.com/uk/231547-uk-driverless-cars-google/

Bernie Sanders Shows How Reagan Helped Destroy The Middle Class

By 

WASHINGTON — President Ronald Reagan remains a venerated figure in American politics, even as folks on the left have been taking a more critical look at his economic legacy in recent years.

So perhaps it’s not a surprise that Vermont independent Sen. Bernie Sanders would not think well of the Gipper. But when Sanders took to the Senate floor Thursday evening to offer a broad vision for how to do something to help the declining middle class, he offered a stunning chart that showed just how poorly most Americans have fared during economic recoveries since the advent of Reaganomics.

The chart starts by showing that in the decades after World War II, the bottom 90 percent of the country captured most of the growth in income during rebounds from tough times. But then came the Reagan era, and what George H. W. Bush once dubbed “voodoo economics.” After Reagan implemented his policies, the top 10 percent grabbed nearly 80 percent of the growth in incomes coming out of the oil crises of the late ’70s.

Whoa! What happens in 1982?” Sanders said, noting the dramatic reversal in his diagram. “Well, Ronald Reagan is president, and the good news is we are into trickle-down economics.”

The socialist Democrat is certainly aware that other factors such as technology, the waning of the union movement and globalization all played their roles, but his data makes for an awfully stark portrait.

“Frankly, this is a metaphor,” Sanders said. “This is an example of exactly what trickle-down economics is all about.”

Read more ⇒ Huffngton Post
Learn more » http://www.huffingtonpost.com/2015/01/30/ronald-reagan-middle-class_n_6578130.html?ncid=fcbklnkushpmg00000013

Richest 1% to own more than rest of world, Oxfam says

The wealthiest 1% will soon own more than the rest of the world’s population, according to a study by anti-poverty charity Oxfam.

The charity’s research shows that the share of the world’s wealth owned by the richest 1% increased from 44% in 2009 to 48% last year.

On current trends, Oxfam says it expects the wealthiest 1% to own more than 50% of the world’s wealth by 2016.

The research coincides with the start of the World Economic Forum in Davos.

The annual gathering attracts top political and business leaders from around the world.

Oxfam’s executive director Winnie Byanyima, who will co-chair the Davos event, said she would use the charity’s high-profile role at the forum to demand urgent action to narrow the gap between rich and poor.

In a statement ahead of the gathering, Ms Byanyima said the scale of global inequality was “simply staggering”.

“It is time our leaders took on the powerful vested interests that stand in the way of a fairer and more prosperous world.

“Business as usual for the elite isn’t a cost-free option – failure to tackle inequality will set the fight against poverty back decades. The poor are hurt twice by rising inequality – they get a smaller share of the economic pie and because extreme inequality hurts growth, there is less pie to be shared around,” she added.

Read more » BBC
Learn more » http://www.bbc.com/news/business-30875633

 

“No civilization would tolerate what America has done”

Institutional racism. Rampant income inequality. A broken justice system. America may never be a great society

By DAVID MASCIOTRA, ALTERNET

This article originally appeared on AlterNet.

It seems police can get away with anything: choking men who have surrendered; shooting unarmed teens; knocking pregnant women to the ground. While the issues involving race, civil rights and the relationship between law enforcement and communities are essential for examination and correction, few are talking about how all of this fits into the larger pattern of America’s cultural decline and decay. America has become a society addicted to violence and indifferent to the suffering of people without power. Whenever there is a combination of a culture of violence and an ethic of heartlessness, fatal abuse of authority will escalate, and the legal system will fail to address it.

Critics are right to condemn the criminal justice system for its embedded inequities and injustices, but they are hesitant to condemn the actual jurors giving killer cops get-out-of-jail-free cards. These jurors are representational of America: ignorant and cold. They hear testimony from eyewitnesses claiming Darren Wilson shot Michael Brown while he had his hands in the air, and set Wilson free without trial. They listen to reports of three officers choking Robert Saylor, an unarmed man with Down syndrome who wanted to see a movie without a ticket, and they send the police back to work. They watch video footage of police choking Eric Garner in New York, and of two police officers brutally beating Keyarika Diggles, a woman in Texas, and they decline to make them pay for it.

Have they been programmed into cruelty and apathy by American schools, churches, families, politics, and pop culture?

There are practical demands that the sane minority of Americans can make as they march the streets of Ferguson, New York and Chicago. Body cameras on police officers is a technological aid to the people who live under military occupation from the blue army. Tougher requirements for entering the police force, and better training methods for those in the academy are essential, as is a sweeping and radical review, best led by the White House, of a racist and predatory criminal justice system.

Read more » SALON
Learn more »  http://www.salon.com/2014/12/29/no_civilization_would_tolerate_what_america_has_done_partner/

Kellogg’s to close London, Ont., plant and lay off 500 workers

By The Canadian Press

LONDON, Ont. — After nearly 90 years in London, Ont., Kellogg Co. will shut the doors of its cereal plant by the end of next year, cutting more than 500 full-time jobs.

Employees were told of the plans during a staff meeting Tuesday, about a month after the company announced a restructuring plan that would have laid off 110 workers by January.

Union president Bob Martin said workers were taken aback by the news, given that they had been working with Kellogg to lower costs.

“It was pretty shocking for us considering all the work we’ve done over the last several years,” said Martin, who represents Local 154G of the Bakery, Confectionery, Tobacco Workers and Grain Millers Union.

Learn more » CTV News

Read more: http://www.ctvnews.ca/business/kellogg-s-to-close-london-ont-plant-and-lay-off-500-workers-1.1582962#ixzz3MeAtVgsX

Free Energy is our Furture

Free Energy Magnet Motor fan as Free Energy Generator “Free Energy” light bulb New

This system of free energy fan rotation of magnet motor is used as free energy generator for lighting of bulb.

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Comment by Diego Martin – Free Energy means, you can obtain electricity without waste fuel or other inconstant power source. Magnets are fully constant, until it waste its power, 300 – 400 years.

Commenby by Filip Pesic – The magnets on the fan are ALL negative – and the one neodymium that you’re holding is also on negative side – and it’s pushing the rest of the magnets on the fan..(all magnets must be the same polarity, either + or -) And because they are on the fan they will be constantly pushing, infinite rotation.. And that (infinite) rotation is producing electricity through the electric motor of the fan. That’s it.. This is just pure logic, it’s very simple, and I don’t think it fake or anything like that..

Above comment are from youtube, read more comments» YouTube

 

Revealed: how the wealth gap holds back economic growth

OECD report rejects trickle-down economics, noting ‘sizeable and statistically negative impact’ of income inequality

By , economic editor, The Guardian

The west’s leading economic thinktank on Tuesday dismissed the concept of trickle-down economics as it found that the UK economy would have been more than 20% bigger had the gap between rich and poor not widened since the 1980s.

Publishing its first clear evidence of the strong link between inequality and growth, the Paris-based Organisation for Economic Cooperation and Development proposed higher taxes on the rich and policies aimed at improving the lot of the bottom 40% of the population, identified by Ed Miliband as the “squeezed middle”.

Trickle-down economics was a central policy for Margaret Thatcher and Ronald Reagan in the 1980s, with the Conservatives in the UK and the Republicans in the US confident that all groups would benefit from policies designed to weaken trade unions and encourage wealth creation.

The OECD said that the richest 10% of the population now earned 9.5 times the income of the poorest 10%, up from seven times in the 1980s. However, the result had been slower, not faster, growth.

It concluded that “income inequality has a sizeable and statistically negative impact on growth, and that redistributive policies achieving greater equality in disposable income has no adverse growth consequences.

“Moreover, it [the data collected from the thinktank’s 34 rich country members] suggests it is inequality at the bottom of the distribution that hampers growth.”

According to the OECD, rising inequality in the two decades after 1985 shaved nine percentage points off UK growth between 1990 and 2000. The economy expanded by 40% during the 1990s and 2000s but would have grown by almost 50% had inequality not risen. Reducing income inequality in Britain to the level of France would increase growth by nearly 0.3 percentage points over a 25-year period, with a cumulated gain in GDP at the end of the period in excess of 7%.

“These findings have relevant implications for policymakers concerned about slow growth and rising inequality,” the paper said.

Read more ⇒ the guardian
See more ⇒ http://www.theguardian.com/business/2014/dec/09/revealed-wealth-gap-oecd-report

One of Largest Transfers of Public Wealth to Private Hands: Our Staggering War Economy

The cost of our massive military and endless wars is almost beyond comprehension, and non stop.

By Tom Engelhardt

The money should stagger you. Journalist James Risen, author of  Pay Any Price: Greed, Power, and Endless War, a revelatory new book about the scammers, counterterrorism grifters, careerist bureaucrats, torture con artists, and on-the-make privatizers of our post-9/11 national security state,  suggests that the best figure for money spent on Washington’s war on terror, including the Iraq and Afghan wars, is  four trillion dollars. If you add in the bills still to come for the care of American soldiers damaged in that global war, the figure is undoubtedly  significantly higher. In the process, an array of  warrior corporations were mobilized to go into battle alongside the Pentagon and the country’s intelligence and homeland security outfits. This, in turn, transformed the global struggle into a highly privatized affair and resulted, as Risen vividly documents, in “one of the largest transfers of wealth from public to private hands in American history.” Halliburton offshoot KBR, for instance, took remarkable advantage of the opportunity and became “the largest single Pentagon contractor of the entire war,” more or less monopolizing the Iraq war zone from 2003 to 2011 and “receiving a combined total of $39.5 billion in contracts.”

Read more ⇒ Alternet
Learn more ⇒ http://www.alternet.org/news-amp-politics/one-largest-transfers-public-wealth-private-hands-our-staggering-war-economy

Bank of Canada Governor says Work for Free!

PolazPoloz’s prescription for unemployed youth: Work for free

By TAVIA GRANTThe Globe and Mail

Bank of Canada Governor Stephen Poloz has sparked controversy by suggesting young people ought to consider unpaid work as a way to gain job experience.

“When I bump into youths, they ask me, you know, ‘What am I supposed to do in a situation?’ I say, look, having something unpaid on your CV is very worth it because that’s the one thing you can do to counteract this scarring effect. Get some real-life experience even though you’re discouraged, even if it’s for free,” Mr. Poloz told reporters Monday in Ottawa.

Read more ⇒ The Globe and Mail
Learn more ⇒ http://www.theglobeandmail.com/report-on-business/economy/poloz-having-something-unpaid-on-your-cv-is-very-worth-it/article21439305/

Evo Morales has proved that socialism doesn’t damage economies

Bolivia’s re-elected president has dumbfounded critics in Washington, the World Bank and the IMF. There are lessons for Britain’s left here

By theguardian.com

The socialist Evo Morales, who yesterday was re-elected to serve a third term as president of Bolivia, has long been cast as a figure of fun by the media in the global north. Much like the now deceased Hugo Chávez, Morales is often depicted as a buffoonish populist whose flamboyant denouncements of the United States belie his incompetence. And so, reports of his landslide win inevitably focused on his announcement that it was “a victory for anti-imperialism”, as though anti-US sentiment is the only thing Morales has given to Bolivia in his eight years in government.

Read more ⇒ The Guardian
See more ⇒ http://www.theguardian.com/commentisfree/2014/oct/14/evo-morales-reelected-socialism-doesnt-damage-economies-bolivia?CMP=fb_gu

Here’s How Much You Need To Make To Be In The Top 1% In Your State

By 

The nature of income inequality in the US and elsewhere is one of the biggest questions in contemporary economics and politics, with the Occupy Wall Street movement popularizing the division between the top 1% and the remaining 99% of earners.

Read more: http://www.businessinsider.com/one-percent-state-map-2014-9#ixzz3E9IgIV1K