Ctrl-V
- Reality Check.
Reality Check Mate!

8/9/2011 7:42 AM
http://www.ibtimes.com/
Severe Solar Storms Could Disrupt Earth This Decade:
NOAA
The
National Oceanic and Atmospheric Administration (NOAA),
a federal agency that focuses on the condition of the
oceans and atmosphere, said a severe solar storm could
cause global disruptions in GPS systems, power grids,
satellite communications, and airline communications.
With solar activity expected to peak around 2013, the
Sun is entering a particularly active time and big
flares like the recent one will likely be common during
the next few years.
Most solar flares will only cause minor problems with
satellites and power grids, but a major flare in the
mid-19th century blocked the nascent telegraph system,
and some scientists believe that another such event is
now overdue.
In a huge solar storm back in
1859, telegraph offices worldwide were hit, some
telegraph operators reported electric shocks, the
telegraph systems malfunctioned and even paper caught
fire. It is the strongest solar storm on record
and is called the “Carrington Event,” which is named
after Richard Carrington, who viewed and reported on the
solar flare of Sept. 1, 1859. In 1989, six million
people in Quebec, Canada were left without power for
several hours when a solar storm took down a power grid.
According to a report by the National Research
Council in 2008, a solar storm similar to the ones in
the past could cause up to $2 trillion dollars in damage
across the globe today.
The NOAA predicted four “extreme” solar emissions
which could threaten the planet this decade. Similarly,
NASA warned that a peak in the sun's magnetic
energy cycle and the number of sun spots or flares
around 2013 could enable extremely high radiation
levels.
This is a special problem in
the United States and especially a severe threat in the
eastern United States as Federal Government studies
revealed that this extreme solar activity and emissions
may result in complete blackouts for years in several
areas of the nation. Moreover, there may also be
disruption of power supply for years, or even decades,
as geomagnetic currents attracted by the storm could
debilitate the transformers.
[hg47: "A Carrington Level
Event today aimed at the Earth, hitting the United
States, would first knock out most of the electrical
power grid, perhaps all of it. Total Black Out.
That's not the real problem. All the wires which
normally distribute electrical power to us would pick up
huge erratic electrical energy surges & spikes from the
solar storm. This energy might destroy most of the
sensitive electrical devices in your home. Many or
most of the plugged-in TVs, stereos, refrigerators,
destroyed, reduced to scrap. The more high-tech
the electrical device, the more vulnerable. That's
not the real problem. The real problem is that the
electrical wiring would pick up energy from the solar
storm and feed it backwards up the distribution system:
A huge Carrington Level solar storm could destroy most
of the step-down transformers in our electrical grid.
Building new transformers and replacing all the busted
transformers could take months or YEARS. Try to imagine
surviving without Electricity for Months or Years, here
in the good old USA."]
Last month, the Nuclear Regulatory Commission said
U.S. plants affected by a blackout should be able to
cope without electricity for at least eight hours and
should have procedures to keep the reactor and
spent-fuel pool cool for 72 hours.
Nuclear plants depend on
standby batteries and backup diesel generators. Most
standby power systems would continue to function after a
severe solar storm, but supplying the standby power
systems with adequate fuel, when the main power grids
are offline for years, could become a very critical
problem.
If the spent fuel rod pools at the country's 104
nuclear power plants lose their connection to the power
grid, the current regulations are not sufficient to
guarantee those pools won't boil over, exposing the hot,
zirconium-clad rods and sparking fires that would
release deadly radiation.
A report by the Oak Ridge National Laboratory said
that over the standard 40-year license term of nuclear
power plants, solar flare activity enables a 33 percent
chance of long-term power loss, a risk that
significantly outweighs that of major earthquakes and
tsunamis.
A solar flare is caused when an intense burst of
radiation comes from the release of magnetic energy
associated with sunspots. Flares are the solar system's
largest explosive events. A CME happens when the outer
solar magnetic fields are closed, often above sunspot
groups, and the confined solar atmosphere can suddenly
and violently release bubbles of gas and magnetic
fields.
--
http://gawker.com
Update: Only 92% of Newt Gingrich’s Twitter
Followers Are Fake
Yesterday, we published
an item based on a former Newt Gingrich staffer's claim
that Gingrich assembled his 1.3 million Twitter
followers—a number that he's taken to bragging about—in
part by buying fake Twitter followers. A lot of people
did not think that was true! But today social networking
search firm PeekYou announced that it had crunched the
data and come to the conclusion that roughly 106,055 of
Gingrich's million-plus followers are real people. The
rest are fakes.
--
7/29/2011 8:51 AM
http://www.washingtonpost.com

--
http://www.latimes.com/
Borrowing and spending the GOP way
The big deficit facing the U.S. is mostly Republican
in origin, the Congressional Budget Office says. The
Bush tax cuts alone have added $3 trillion in red ink,
yet the party wants to double down on its failed policy.
By Mike Lofgren
June 26,
2011
President Obama's fiscal policies are a mess.
Whatever one thinks of the need for stimulus in a severe
recession, it is obvious that running trillion-dollar
deficits for years on end is unsustainable. Moreover,
his proposals are dishonest. The nonpartisan
Congressional Budget Office concluded that his
proposed 2012 budget underestimates spending while
overestimating revenues.
Sadly, the
Republicans have offered no viable alternative.
The failure of our leaders to offer realistic budget
proposals was a major reason I decided to retire after
28 years in Congress, most of them as a professional
staff member on the Republican side of both the House
and Senate Budget Committees. My party talks a good
game, railing about the immorality of passing debt on to
our children. But the same Congressional Budget Office
that punctured Obama's budget also concluded that the
major policies that swung the budget from a projected
10-year surplus of $5.6 trillion in 2001 to the present
10-year deficit of $6.2 trillion were Republican in
origin.
Consider the two signature GOP policies of
George W. Bush's presidency: the wars and the tax
cuts. Including debt service costs, Bush's wars have
cost about $1.7 trillion to date. Additionally, as part
of being "a nation at war," the Pentagon has spent about
$1 trillion more than was expected in the last decade on
things other than direct war costs, which has been a
bonanza for military contractors but a disaster for the
federal budget. And finally, there has been another
trillion dollars spent domestically in response to
9/11, including spending on such things as
establishing the Homeland Security Department and
increasing the budgets for the
State Department and the Veterans Administration.
The Bush tax cuts have added another $3 trillion in red
ink. While Republican leaders wail that Americans —
particularly their rich contributors — are overtaxed,
the facts say otherwise: U.S. taxpayers, particularly
the wealthiest, pay far less in taxes than they would in
most other developed countries. Today, the 400
wealthiest Americans have as much wealth as the bottom
125 million. The GOP insists that those wealthy people
use their money to create jobs, and that taxing them
more heavily would ultimately hurt the economy. But, if
that's so, why was the rate of job creation in the
decade after the Bush tax cuts the poorest in any decade
since before
World War II?
Like a drunk swearing off hooch for the hundredth time,
Republicans are now trying to show they are serious
about controlling the deficit by saying they won't raise
the debt ceiling unless they get through some of their
cost-saving projects, like privatizing Medicare.
Meanwhile, they want revenue increases "off the table,"
even though, at 14.8% of GDP, revenues are at their
lowest level in 60 years. And the budget passed by the
Republican-controlled House further cuts taxes on the
wealthy, a fact it glosses over with optimistic growth
forecasts.--
6/4/2011 1:06 PM
http://online.wsj.com/
The Bullish Case for the U.S. Economy
As intriguing in this moment of U.S. pessimism is the
56-year-old uber-investor's long-term bullishness on
American companies and U.S. competitiveness. "You could
say we're the best house in a bad neighborhood," says
the man who has spent 28 years managing money. "We have
fewer problems and more solutions than Europe or Japan."
--
5/29/2011 7:05 AM
http://www.americanthinker.com/
"Fine. A Mosque at ground zero. But how about a
cathedral in Mecca first? It is part of our Christian
outreach program of bridge building."
--
5/25/2011 6:07 AM
http://www.huffingtonpost.com/
Members of Congress Get Abnormally High Returns From
Their Stocks
Members of the House of Representatives considerably
outperform the stock market in their personal
investments, according to a new academic study.
Four university researchers examined 16,000 common
stock transactions made by approximately 300 House
representatives from 1985 to 2001, and found what they
call "significant positive abnormal returns," with
portfolios based on congressional trades beating the
market by about 6 percent annually.
--
5/11/2011 11:45 AM
http://www.guardian.co.uk/
The uses of semen? One: reproduction. Two: best not
mentioned, really…
As American surgeon Lazar
Greenfield discovered, there are some subjects that
simply cannot be taken lightly
There are certain subjects – GM, nuclear power,
climate change – that cause aeration in scientific
circles. And, as president elect of the
American College of Surgeons Lazar Greenfield found
out recently, the reputed antidepressant effects of
semen are also a subject to be treated with care.
In his Valentine's Day-themed editorial in
Surgery News, "Gut Feelings", Lazar cited a study
that reported the mood-boosting effects of semen on
women, concluding: "So there's a deeper bond between men
and women than St Valentine would have suspected, and
now we know there's a better gift for that day than
chocolate."
Greenfield's Andy Gray moment offended many ACS
members and he was accused of sexism; demonstrations
were threatened. Greenfield is a highly respected
retired professor emeritus of surgery at the University
of Michigan with what has been described as "a
reputation for supporting women in surgery" and he is
also the inventor of the Greenfield Filter, a device
that prevents blood clots.
Confronted with the furore he'd caused, Greenfield
apologised and gave up his editorship of Surgery
News. Two weeks ago the controversy over what had
become known as "Semengate" hadn't gone away, so he also
resigned from his ACS position.
Greenfield told the
Detroit Free Press: "I was short-sighted in
not anticipating the potential for my remark to be
misinterpreted… I thought [these were] fascinating new
findings related to semen, and the way in which nature
is trying to promote a stronger bond between men and
women. It impressed me. It seemed as though it was a
gift from nature. And so that was the reason for my
lighthearted comments."
The study he was referring to was in fact published
back in 2002 by Gordon Gallup, a psychologist at SUNY-Albany.
His team found that women whose partners didn't use
condoms were less depressed. They also found that
depressive symptoms and suicide attempts were higher
among women who used condoms regularly compared to those
who didn't. Moreover, the women who didn't use condoms
became more depressed the longer they went without
having
sex. Gallup suggested this was because semen
contains oestrogen and prostaglandins which have been
linked to lower levels of
depression, and oxytocin which promotes social
bonding.
Gallup's study came with an important caveat: "I want
to make it clear that we are not advocating that people
abstain from using condoms. Clearly an unwanted
pregnancy or a sexually transmitted disease would more
than offset any advantageous psychological effects of
semen."
Last week, his research back in the news, Gallup
elaborated to Popular Science: "Seminal plasma
evolved to control and manipulate the female
reproductive system so as to work toward the best
interests of the donor – the male." He suggested that
the possible antidepressant properties of semen may
promote bonding between the sexual partners, and that
was to the male's reproductive advantage.
Asked about the controversy Greenfield's remarks had
caused, Gallup commented: "I think it's a tragic
overreaction. The point at which we begin to let
political agenda dictate what science is all about is
the point when science ceases to be a viable
enterprise."
--
http://www.investors.com/
Israel, a New Jersey-sized nation of 7.5 million
people (1.7 million of whom are Arab) filed 7,082
international patents in the five years ending in 2007.
By contrast, 28 majority-Muslim nations with almost 1.2
billion people — 155 times the population of Israel —
were granted 2,071 patents in the same period.
Narrowing the comparison to the 17 Muslim nations of
the Middle East from Morocco to Iran and down the
Arabian Peninsula, the 409 million people in that region
generated 680 patents in five years.
This means that the Arab and Iranian world produced
about one patent per year for every 3 million people,
compared with Israel's output of one annual patent for
every 5,295 people, an Israeli rate some 568 times that
of Israel's neighbors and sometime enemies.
The awarding of Nobel Prizes in the quantitative
areas of chemistry, economics and physics shows a
similar disparity, with five Israeli winners compared
with one French Algerian (a Jew who earned the prize for
work done in France) and an Egyptian-American (for work
done at Caltech in California).
This phenomenon is manifested in other nations as
well, where bad government begets poverty. Free South
Korea, with 48.8 million people, filed 24,200
international patents from 2003 to 2007. The 24.5
million people in the North Korean slave state managed
to produce 14 patents in the same period.
But wealth isn't the sole explanation for this
disparity in intellectual innovation. Saudi Arabia
enjoyed a per capita income of $24,200 in 2010. Yet the
Kingdom averages an anemic 37 patents per year compared
with Israel's 1,416 per year — and there are 3 1/2 times
more Saudis than Israelis, meaning that Israel's per
capita output of intellectual property is 132 times
greater than Saudi Arabia's.
My on-the-ground education in the Middle East began
in 1984, when I attended school at American University
in Cairo, Egypt. At the time, Israel was a socialist
state, still very much mired in a planned economy
focused on heavy industry and agriculture, replete with
government subsidies and heavy regulation.
Israel's per capita output stood at $6,749 (in
current U.S. dollars), 41% of America's — slightly less
than the Soviet Union's per capita output at the time.
Egypt also featured a planned economy in the 1980s,
with smoke-belching heavy industries making Cairo among
the world's most polluted cities. Egypt's per capita
production was $881, about 5% of U.S. per capita output.
Israel produced about 7.7 times more goods and services
per person than did Egypt.
In 2010, before unrest disrupted its economy, Egypt
produced $2,759 per capita, a little less than 6% of
U.S. per capita production. Israel, meanwhile, had
improved its per capita wealth generation to $26,843, or
56% of America's per capita GDP.
Remarkably, the populations of Egypt and Israel grew
at almost the same rate, Egypt's being driven by
internal growth, Israel's largely by more than a million
immigrants from the former Soviet Union. By 2010, Israel
had improved its ratio of productivity over Egypt,
producing about 9.7 times more goods and services per
person than its neighbor to the south.
Why this growing disparity in wealth creation between
Israel and Egypt?
The Egyptian Revolution of 1952 saw the overthrow of
monarchy with the military running the nation's economy.
This invariably led to stagnation and a growing external
debt.
Egypt has launched two waves of economic
liberalization since 1984, one under the auspices of an
International Monetary Fund standby agreement in 1991
and another in 2004, when former President Mubarak
appointed an economic-reform-minded Cabinet. The 1991
effort focused on the privatization of state-owned
enterprises.
The 2004 program reduced import tariffs, cut taxes
and allowed the Egyptian pound to float. The reforms of
the 1990s took some time to take hold, with the Egyptian
economy seeing year-over-year growth in per capita
income (purchasing power parity) rising an impressive
5.7% per year from 1997 to 2000. Mubarak's 2004
free-market reforms bore even more fruit, with per
capita growth averaging 6.9% from 2005 to 2008.
However, the demonstrators of Tahrir Square claim,
with some justification, that the most recent round of
reforms mostly benefited the nation's elite. This crony
capitalism is said to have generated a massive amount of
wealth for the two sons of the former Egyptian
president. And, with that wealth concentrated at the
top, resentment mounted in the masses who saw their
cooking fuel subsidies cut while the cost of basic
necessities soared.
Now the Egyptian economy has been hammered by unrest.
Crime has tripled since Mubarak's ouster. A wave of
child kidnapping has struck fear in wealthy and
upper-class parents. Militant Islamists now operate in
the open, brazenly attacking Egypt's large Christian
minority and moderate Muslims alike. Tourism, accounting
for 11.3% of the economy, has dried up. Unemployment is
surging.
Adding to Egypt's travails, the Muslim Brotherhood is
calling for "modesty police" — mirroring the actions
taken by Hamas, the Muslim Brotherhood branch in Gaza,
after its 2006 electoral win and subsequent bloody purge
of its more secular rival, Fatah.
These would-be mullahs of misery are also calling for
the criminal prosecution of those who made money during
the Mubarak era, coupling that call with a return to
Egyptian socialism. This sure recipe for economic
failure will inevitably cause Egypt's new leaders to
blame Israel, the Jews and America for Egypt's problems.
As the availability of bread declines, the index of hate
will rise. This volatile equation is good for neither
Egypt nor Israel.
After its founding in 1948, Israel was also burdened
with a socialist economy. Israel's main right-wing
party, Likud, won the 1977 elections, but that win was
mainly a reaction to Israel's near-run victory in the
1973 Arab-Israeli War. Likud did little to change
Israel's socialist policies.
Israel's commitment to socialism wasn't challenged
until former Prime Minister Ariel Sharon appointed
Benjamin Netanyahu as finance minister in 2003. Many
thought Sharon made this move to bury rival Netanyahu's
career. Netanyahu sought to remake Israel's economy,
instituting reforms such as liberalization of the
banking system.
Critics scoffed at these reforms as "Thatcherite,"
worrying that Israel's social safety net was being
dismantled. But Netanyahu's free-market reforms worked,
causing Israel to see its longest sustained period of
high economic growth, with per capita income (purchasing
power parity) rising an average of 6% per year from 2004
to 2008. Israel is now considered a high-tech market
economy.
The telltale signs of Israel's economic rise can be
seen in the Tel Aviv skyline and the new office
complexes around Jerusalem. International giant Teva
Pharmaceutical Industries Ltd. was founded in 1901 by
three pharmacists in Jerusalem. Today it employs 40,000
around the world.
Teva has a market cap of $44.2 billion — the most
highly valued company based in Israel and the
ninth-largest firm traded on the Nasdaq. Seventy percent
of its revenue comes from generics, a niche it
pioneered, while 30% comes from newly developed drugs.
Teva's history and forward-looking strategy is for
revenue to double every four years, with 65% of that
coming from internal growth.
Teva's success in the generic market is predicated on
rapidly developing high-quality formulations and quickly
getting approval for them within 180 days after filing —
a quick turnaround that competitors find difficult to
match.
A few miles from Teva's gleaming office campus west
of the Old City sits the former national mint building
for the British Mandate. Built in 1937, this renovated
building, along with the old Ottoman Empire railway
warehouses next to it, houses the JVP Media Quarter and
300 entrepreneurs.
The complex hosts Israel's leading venture capital
firm, Jerusalem Venture Partners, as well as 35 startups
and a performing arts center for good measure. JVP,
which has helped launch 70 companies since 1993, has
more than $820 million under management with seven
active venture capital funds.
The Media Quarter concept was created in 2002 when
JVP founder Erel Margalit wanted to create a
media-focused incubator that combined technology,
culture, art and business. JVP has shepherded 18 initial
public offerings, mergers and acquisitions, including
some of the largest Israel-based companies: Qlik
Technologies, Netro Corp., Chromatis Networks, Precise
Software, Cogent Communications.
The government of Israel created 28 incubators
between 1990 and 1993 under the auspices of the Office
of the Chief Scientist in the Ministry of Industry and
Trade. Reminiscent of Japan's state-guided capitalism
through the Ministry of International Trade and
Industry, Israel's incubators were designed to engage
the scientific and engineering skills of the large
influx of immigrants from the former Soviet Union.
The government eventually viewed the effort as a
burden, so it privatized its incubators. Today there are
24 incubators that can receive a government grant of
$500,000 per company and up to $1.5 million in state
seed capital.
Less than 300 miles separate the purposeful creative
buzz in the JVP Media Quarter from the restive streets
of Cairo, where the Muslim Brotherhood tells Egypt's
unemployed that their plight is the fault of corrupt
capitalists and Jews. It doesn't take a Nobel
Prize-winning economist to figure out where these two
economies are going.
• DeVore served in the California Legislature from
2004 to 2010. He is a retired lieutenant colonel in the
U.S. Army Reserve and served as a special assistant for
foreign affairs in the Reagan-era Pentagon. He studied
at American University in Cairo in 1984-85.
--
4/15/2011 10:30 AM
http://www.businessweek.com/
"The best
minds of my generation are thinking about how to make
people click ads," he says. "That sucks."
--
3/6/2011 5:05 AM
http://www.nytimes.com/
Armies of Expensive Lawyers, Replaced by Cheaper
Software
When five
television studios became entangled in a Justice
Department antitrust lawsuit against
CBS, the cost was immense. As part of the obscure
task of “discovery” — providing documents relevant to a
lawsuit — the studios examined six million documents at
a cost of more than $2.2 million, much of it to pay for
a platoon of lawyers and paralegals who worked for
months at high hourly rates.
But that was in 1978. Now, thanks to advances in
artificial intelligence, “e-discovery” software can
analyze documents in a fraction of the time for a
fraction of the cost. In January, for example,
Blackstone Discovery of Palo Alto, Calif., helped
analyze 1.5 million documents for less than $100,000.
Some programs go beyond just finding documents with
relevant terms at computer speeds. They can extract
relevant concepts — like documents relevant to social
protest in the Middle East — even in the absence of
specific terms, and deduce patterns of behavior that
would have eluded lawyers examining millions of
documents.
“From a legal staffing viewpoint, it means that a lot
of people who used to be allocated to conduct document
review are no longer able to be billed out,” said Bill
Herr, who as a lawyer at a major chemical company used
to muster auditoriums of lawyers to read documents for
weeks on end. “People get bored, people get headaches.
Computers don’t.”
Computers are getting better at mimicking human
reasoning —
as viewers of “Jeopardy!” found out when they saw
Watson beat its human opponents — and they are claiming
work once done by people in high-paying professions. The
number of computer chip designers, for example, has
largely stagnated because powerful software programs
replace the work once done by legions of logic designers
and draftsmen.
Software is also making its way into tasks that were
the exclusive province of human decision makers, like
loan and mortgage officers and tax accountants.
These new forms of automation have renewed the debate
over the economic consequences of technological
progress.
David H. Autor, an economics professor at the
Massachusetts Institute of Technology, says the
United States economy is being “hollowed out.” New jobs,
he says, are coming at the bottom of the economic
pyramid, jobs in the middle are being lost to automation
and outsourcing, and now job growth at the top is
slowing because of automation.
“There is no reason to think that technology creates
unemployment,” Professor Autor said. “Over the long run
we find things for people to do. The harder question is,
does changing technology always lead to better jobs? The
answer is no.”
Automation of higher-level jobs is accelerating
because of progress in computer science and linguistics.
Only recently have researchers been able to test and
refine algorithms on vast data samples, including a huge
trove of e-mail from the
Enron Corporation.
“The economic impact will be huge,” said Tom
Mitchell, chairman of the machine learning department at
Carnegie Mellon University in Pittsburgh. “We’re at
the beginning of a 10-year period where we’re going to
transition from computers that can’t understand language
to a point where computers can understand quite a bit
about language.”
Nowhere are these advances clearer than in the legal
world.
E-discovery technologies generally fall into two
broad categories that can be described as “linguistic”
and “sociological.”
The most basic linguistic approach uses specific
search words to find and sort relevant documents. More
advanced programs filter documents through a large web
of word and phrase definitions. A user who types “dog”
will also find documents that mention “man’s best
friend” and even the notion of a “walk.”
The sociological approach adds an inferential layer
of analysis, mimicking the deductive powers of a human
Sherlock Holmes. Engineers and linguists at
Cataphora, an information-sifting company based in
Silicon Valley, have their software mine documents for
the activities and interactions of people — who did what
when, and who talks to whom. The software seeks to
visualize chains of events. It identifies discussions
that might have taken place across e-mail, instant
messages and telephone calls.
Then the computer pounces, so to speak, capturing
“digital anomalies” that white-collar criminals often
create in trying to hide their activities.
For example, it finds “call me” moments — those
incidents when an employee decides to hide a particular
action by having a private conversation. This usually
involves switching media, perhaps from an e-mail
conversation to instant messaging, telephone or even a
face-to-face encounter.
“It doesn’t use keywords at all,” said Elizabeth
Charnock, Cataphora’s founder. “But it’s a means of
showing who leaked information, who’s influential in the
organization or when a sensitive document like an S.E.C.
filing is being edited an unusual number of times, or an
unusual number of ways, by an unusual type or number of
people.”
The
Cataphora software can also recognize the sentiment in
an e-mail message — whether a person is positive or
negative, or what the company calls “loud talking” —
unusual emphasis that might give hints that a document
is about a stressful situation. The software can also
detect subtle changes in the style of an e-mail
communication.
A shift in an author’s e-mail style, from breezy to
unusually formal, can raise a red flag about illegal
activity.
“You tend to split a lot fewer infinitives when you
think the
F.B.I. might be reading your mail,” said Steve
Roberts, Cataphora’s chief technology officer.
Another e-discovery company in Silicon Valley,
Clearwell, has developed software that analyzes
documents to find concepts rather than specific
keywords, shortening the time required to locate
relevant material in litigation.
Last year, Clearwell software was used by the law
firm DLA Piper to search through a half-million
documents under a court-imposed deadline of one week.
Clearwell’s software analyzed and sorted 570,000
documents (each document can be many pages) in two days.
The law firm used just one more day to identify 3,070
documents that were relevant to the court-ordered
discovery motion.
Clearwell’s software uses language analysis and a
visual way of representing general concepts found in
documents to make it possible for a single lawyer to do
work that might have once required hundreds.
“The catch here is information overload,” said Aaref
A. Hilaly, Clearwell’s chief executive. “How do you zoom
in to just the specific set of documents or facts that
are relevant to the specific question? It’s not about
search; it’s about sifting, and that’s what e-discovery
software enables.”
For Neil Fraser, a lawyer at Milberg, a law firm
based in New York, the Cataphora software provides a way
to better understand the internal workings of
corporations he sues, particularly when the real
decision makers may be hidden from view.
He says the software allows him to find the ex-Pfc.
Wintergreens in an organization — a reference to a lowly
character in the novel “Catch-22” who wielded great
power because he distributed mail to generals and was
able to withhold it or dispatch it as he saw fit.
Such tools owe a debt to an unlikely, though
appropriate, source: the electronic mail database known
as the
Enron Corpus.
In October 2003, Andrew McCallum, a computer
scientist at the
University of Massachusetts, Amherst, read that the
federal government had a collection of more than five
million messages from the prosecution of Enron.
He bought a copy of the database for $10,000 and made
it freely available to academic and corporate
researchers. Since then, it has become the foundation of
a wealth of new science — and its value has endured,
since privacy constraints usually keep large collections
of e-mail out of reach. “It’s made a massive difference
in the research community,” Dr. McCallum said.
The Enron Corpus has led to a better understanding of
how language is used and how social networks function,
and it has improved efforts to uncover social groups
based on e-mail communication.
Now artificial intelligence software has taken a seat
at the negotiating table.
Two months ago,
Autonomy, an e-discovery company based in Britain,
worked with defense lawyers in a lawsuit brought against
a large oil and gas company. The plaintiffs showed up
during a pretrial negotiation with a list of words
intended to be used to help select documents for use in
the lawsuit.
“The plaintiffs asked for 500 keywords to search on,”
said Mike Sullivan, chief executive of Autonomy Protect,
the company’s e-discovery division.
In response, he said, the defense lawyers used those
words to analyze their own documents during the
negotiations, and those results helped them bargain more
effectively, Mr. Sullivan said.
Some specialists acknowledge that the technology has
limits. “The documents that the process kicks out still
have to be read by someone,” said Herbert L. Roitblat of
OrcaTec, a consulting firm in Altanta.
Quantifying the employment impact of these new
technologies is difficult. Mike Lynch, the founder of
Autonomy, is convinced that “legal is a sector that will
likely employ fewer, not more, people in the U.S. in the
future.” He estimated that the shift from manual
document discovery to e-discovery would lead to a
manpower reduction in which one lawyer would suffice for
work that once required 500 and that the newest
generation of software, which can detect duplicates and
find clusters of important documents on a particular
topic, could cut the head count by another 50 percent.
The computers seem to be good at their new jobs. Mr.
Herr, the former chemical company lawyer, used
e-discovery software to reanalyze work his company’s
lawyers did in the 1980s and ’90s. His human colleagues
had been only 60 percent accurate, he found.
“Think about how much money had been spent to be
slightly better than a coin toss,” he said.
--
3/4/2011 11:57 PM
http://www.marketwatch.com/
1. Wealth gap: Super-Rich vs class wars, death of
democracy
The gap: In one generation, America’s wealthiest 1%
has exploded from 9% to 23% of America’s income, while
middle-class income has stagnated. Even Buffett admits:
“There’s class warfare, all right, but it’s my class,
the rich class, that’s making war, and winning.”
But my rich friend tells the real story, of their
social disconnect. The rich just don’t care. They live
in a different world, live by a self-centered code
lacking a moral compass. The public welfare is honored
only if supported by tax benefits.
3. Pentagon’s perpetual war machine vs America’s
budget time bomb
The mathematics of our $75 trillion Social Security
and Medicare deficits often seem insurmountable, but can
be recalibrated. However, the war-loving mindset of
America’s neocons — fueled by China’s military actions,
the insatiable expansion of our military spending and a
Pentagon prediction that global population growth — is
putting more and more pressure on the world’s scarce
resources, and will, in turn, increase global wars and
the demand for more war spending, increasing the risk of
sudden revolutions everywhere.
--
3/3/2011 2:58 AM
http://www.businessinsider.com/
These Are The Controversial Satellite Photos That
Set Off Protests In Bahrain
--
http://www.theregister.co.uk/
Flash drives dangerously hard to purge of sensitive
data
--
2/4/2011 12:08 PM
http://www.familysecuritymatters.org
“Freedom” vs. “Freedom”
"Freedom" means one thing to the West and another thing
to Islam.
Americans must learn two concepts to better understand
the political earthquake the United States is now
pushing as President Obama gives his nod to "the Arab
street," predominantly organized, it seems, by the
Muslim Brotherhood, to force out an ally, Hosni Mubarak.
Many
on the right have seen in the anti-Mubarak movement
vindication of George W. Bush's Big Idea -- that
ballot-box democracy would transform the umma into
Jeffersonian, or, at least, pro-Western and anti-jihad
republics. That this hasn't happened anywhere (and in
spades) doesn't dampen their enthusiasm. In fact, citing
Bush to bolster pro-"opposition" commentary is in vogue.
Writing in the Washington Post, Elliott Abrams quotes
Bush, circa 2003, as saying: "Are the peoples of the
Middle East somehow beyond the reach of liberty? ... Are
they alone never to know freedom ...?" Jay Nordlinger at
National Review quotes Bush, circa 2008, as saying: "The
truth is that freedom is a universal right -- the
Almighty's gift to every man, woman, and child on the
face of the earth."
Such is "universalist"
gospel. Universalists believe all peoples prefer freedom
to its absence, which is probably true. But they also
believe all peoples define "freedom" in the same way. Is
that true?
The answer
-- and first concept -- is no. The entry on freedom, or
hurriyya, in the "Encyclopedia of Islam" describes a
state of divine enthrallment that bears no resemblance
to any Western understanding of freedom as predicated on
the workings of the individual conscience. According to
the encyclopedia, Islamic freedom is "the recognition of
the essential relationship between God the master and
His human slaves who are completely dependent on Him."
Ibn Arabi, a Sufi scholar of note, is cited for having
defined freedom as "being perfect slavery" to Allah. To
put it another way, Islamic-style "freedom" is freedom
from unbelief.
Suddenly, something seems very lost in Bush-speak
translation. It has been from the start, which helps
explain what's gone wrong in U.S. wars in the umma.
Bringing Western-style "freedom" to the Islamic world
may have resembled an idealistic extension of the civil
rights crusade in the eyes of President Bush and his
followers, but it was actually one big cultural
misunderstanding.
At
this point, I can imagine being quizzed on whether the
Islamic definition of freedom applies outside of a
strictly Islamic religious milieu. But judging by the
most solid indicators we have -- polling data on
Egyptian attitudes from Pew (2010) and University of
Maryland/WorldOpinion.Org (2007) -- I would have to say
that Egypt is a strictly Islamic religious milieu. These
findings reveal a population steeped in the teachings
and attitudes of Shariah (Islamic law).
For
example, Pew tells us 84 percent of Egyptians favor the
death penalty for leaving Islam; 95 percent say it's
good for Islam to play a big role in politics. The
Maryland/WorldOpinon poll shows that 74 percent of
Egyptians favor "strict Shariah," and that 67 percent
favor a "caliphate" uniting all of Islam. In free
elections, such potential pluralities might well rate as
"democratic" in terms of majority rule. But would the
West consider them to be "democratic" in terms of
individual rights?
Writing in the Washington Examiner, Byron York
considered some of these same Egyptian data and found an
apparent contradiction between the huge popularity of
the death penalty for leaving Islam ("apostasy") on the
one hand, and "freedom of religion" (90 percent) on the
other. This would be a contradiction in the Western
context. But we are not looking at a Western context.
Which brings me to Concept Two.
Islam does not recognize as valid any religion but
Islam. That means that what we in the West hear as
"freedom of religion" becomes, in the Islamic context,
freedom of Islam. Indeed, as Stephen Coughlin, the
brilliant analyst of Shariah, has pointed out to me,
citing both the Koran and quoting the classic Sunni law
book “Reliance of the Traveler”, Judaism and
Christianity "were abrogated by the universal message of
Islam." That means overruled. Further, it is "unbelief (kufr)"
-- grounds for the capital crime of apostasy -- "to hold
that the remnant cults now bearing the names of formerly
valid religions, such as "Christianity" or "Judaism,"
are acceptable to Allah Most High...."
Suddenly, a post-Mubarak Egypt run by the Muslim
Brothers is not so difficult to imagine.
FamilySecurityMatters.org
Contributor Diana West is a journalist and columnist
whose writing appears in several high profile outlets.
She also has a website:
DianaWest.net.
http://www.newsweek.com/
The
criminal-justice system in Pakistan is derelict. The
country had 2,113 militant, insurgent, and sectarian
terrorist attacks in 2010, which killed 2,913 people and
injured 5,824. Scarcely anyone has been brought to
justice in a system where suspects are sometimes
prosecuted and convicted but most often get released on
appeal. In Pearl’s case, the convicted Sheikh may go
free on appeal. In a WikiLeaked cable from 2006
published by The Guardian, a Pakistani official
assured U.S. Ambassador Ryan C. Crocker that Sheikh
“would be executed as sentenced.” That hasn’t happened.
And uncharged in the Pearl case is Khalid Sheikh
Mohammed (KSM), the alleged 9/11 mastermind: the Pearl
Project discovered that the FBI and CIA have matched the
vein pattern on his right hand to the hand of the killer
in the video of Pearl’s decapitation.
http://www.nytimes.com/
Obama’s
post-New Year’s
surge past a 50 percent approval rating — well ahead
of both Reagan’s and Bill Clinton’s comeback
trajectories after their respective midterm shellackings
— may have only just begun.
There was
no drama to Obama’s address — just a unifying theme, at
long last, as he reasserted the role of government in
rebooting and rebuilding the country for a new century
and putting Americans back to work. The president wisely
left any theatrics to his adversaries, and, as always,
they were happy to oblige.
What were
they all afraid of? The answer cuts to the crux of the
right’s plight less than three months after its supposed
restoration. Having sold itself in 2010 as the
uncompromising champion of Tea Party-fueled fiscal
austerity, the enhanced G.O.P. caucus arrived in
Washington in 2011 to discover that most Americans
prefer compromise to confrontation and favor balanced
budgets in name only.
A CNN poll this month found that just one American
in five regards deficit reduction as pressing enough to
justify cuts to Social Security and Medicare. Only one
in four would choose balancing the budget if it meant
reducing education programs. Indeed,
a new Gallup poll reveals that there’s exactly one
category of government spending that a majority of
voters favors slicing — foreign aid (which amounts to
some 1 percent of the budget). Incredible as it sounds,
even current government outlays to science, the arts,
farmers and antipoverty programs still enjoy 50
percent-plus support.
Like virtually every other week since the
shellacking, the State of the Union week was another
salutary one for Obama. But the
state of the union itself could yet be in the hands of
radicals whose eagerness to see the president fail is
outstripped only by their zeal to make an ideological
point, even if it forces America into default.
12/17/2010 1:14 PM
http://www.huffingtonpost.com
Fox News viewers are much more likely than others to
believe false information about American politics, a new
study concludes.
The study, conducted by the University of Maryland,
judged how likely consumers of various news outlets and
publications were to believe misinformation about a wide
range of political issues. Overall, 90% of respondents
said they felt they had heard false information being
given to them during the 2010 election campaign.
However, while consumers of just about every news outlet
believed some information that was false, the study
found that Fox News viewers, regardless of political
information, were "significantly more likely" to believe
that:
--Most economists estimate the
stimulus caused job losses (12 points more likely)
--Most economists have estimated the health care law
will worsen the deficit (31 points)
--The economy is getting worse (26 points)
--Most scientists do not agree that climate change is
occurring (30 points)
--The stimulus legislation did not include any tax
cuts (14 points)
--Their own income taxes have gone up (14 points)
Story continues below
--The auto bailout only occurred under Obama (13 points)
--When TARP came up for a vote most Republicans
opposed it (12 points)
--And that it is not clear that Obama was born in the
United States (31 points)
In addition, the study said, increased viewership of
Fox News led to increased belief in these false stories.
http://www.latimes.com
According to the survey, majorities in
Pakistan,
Egypt, Jordan and
Nigeria would favor changing current laws to allow
stoning as a punishment for adultery, hand amputation
for theft and death for those who
convert from Islam to another religion. About 85%
of Pakistani Muslims said they would support a law
segregating men and women in the workplace.
http://www.slate.com/id/2276583/
Smart Republicans, Stupid Democrats
If Democrats are the big spenders, why do Republican
states get the money?
By Shankar Vedantam
One of the co-chairmen of President Obama's
bipartisan debt reduction council recently got in
trouble for
telling a women's advocacy group that Social
Security had "reached a point now where it's like a milk
cow with 310 million tits!"
If you guessed it was the Republican co-chairman and
not the Democrat who said it, you would be right—it was
former Wyoming Sen. Alan Simpson—but therein hangs a
tale.
Republicans have a near monopoly on complaints about
government spending. Dozens of new Tea Party candidates
were elected to Congress on a promise to clean house.
But data going back two decades—to stick to Simpson's
crude metaphor—show the milk is mostly coming from
Democratic states, and the sucking is being done by
Republican states.
The "red" states up in arms about government spending
receive the largest share of it. This is not a new
finding, but research by economist
Gary Richardson at the University of
California-Irvine backs it up. Richardson provides
insight into how the paradox came about and what it
means for the future.
It isn't surprising that the
more Republican a state leans, the more likely it is to
be furious about government spending. But what is
surprising is that states with the highest anti-spending
sentiment appear to be the largest beneficiaries of
government spending. Not only do red states
swallow the lion's share of government spending, but
Richardson found a linear relationship between the
extent of GOP support in a state—and, by implication,
the fervor of its anti-government sentiment—and the
amount of federal largesse the state receives.
Alaska, home to Sarah Palin, and where two fiscally conservative
Republican candidates for Senate recently mopped up
75 percent of the vote between them, received $1.64
in federal benefits for every $1 the state contributed
to the national kitty. Massachusetts, Richardson found
last year, received 82 cents for every dollar it paid
into the national pool. No doubt as compensation,
liberals in Massachusetts and other "blue" states also
received lots of vitriol for being such out-of-control
spenders.
The 28 states where George W.
Bush won more than 50 percent of the vote in 2004
received an average of $1.32 for every dollar
contributed. The 19 states where Bush received less than
50 percent of the vote collected 93 cents on the dollar.
"Voting Republican paid large dividends," Richardson
wrote in a piece
published in the Economist's Voice. "For each 1
percent of the population voting in favor of the
Republican presidential candidate, the state received an
additional 1.7 cents in benefits for each dollar in
taxes."
No sane person would argue that every state should
get precisely as much as it puts in. Different states
will need larger or smaller benefits at different points
of time. But Richardson's data don't just show that the
redistribution of resources correlates with a state's
political orientation. They show that
the amount of money being
collected from Democratic states and redirected to
Republican states has systematically grown over time.
During the 1970s and 1980s—throughout the Carter,
Reagan, and George H.W. Bush administrations—there was
no correlation between anti-spending sentiment and
getting lots of federal money. The net return to states
that voted for Republicans was relatively flat, meaning
that "red" states didn't get most of the pie.
But that changed around 1994—after the last
Republican takeover of Congress. Then, as now,
Republicans rode to power on charges of government
profligacy and promises to clean house. Then, as now,
Republicans promised to lower taxes and to reduce
government expenditure. Then, as now, Republicans warned
the Democrat in the White House to come to his senses
and move his administration to the right.
Buried in the fine print of
Newt Gingrich's "Contract With America," Richardson
found an income redistribution scheme. The proportion of
government spending on groups that traditionally
supported Democrats fell. The proportion of government
income from groups that traditionally supported
Democrats rose.
"Tax rates declined more for groups that tended to
vote Republican. These groups include people with
incomes in the upper tail of the distribution, such as
small business owners, property owners, and investors
accruing capital gains. … At the same time, expenditures
fell more for programs directed toward people that
tended to vote Democratic. These groups included welfare
recipients, inner-city residents, and individuals in the
lower tail of the income distribution."
Just as they did in the 1990s, Democrats and
Republicans today are arguing not about whether to cut
government expenditure, but where and how much to cut
it. They are arguing not about whether to extend tax
breaks to rich families, but just how rich you have to
be to qualify for tax breaks. Smart observers think the
Democrats in 2010 will repeat what they did in the
1990s—reduce expenditures on people who tend to vote
Democratic and decrease taxes paid by people who tend to
vote Republican.
There is certainly room for
debate about Richardson's conclusions. Seth Giertz at
the University of Nebraska
argues, for
example, that the correlation merely reflects the fact
that we have a progressive tax system—blue states pay
more into the kitty because blue states are richer than
red states. We also don't know who in the red or blue
states is paying or receiving the money. Is it possible
that Republicans in blue states are paying most of the
money, while Democrats in red states are receiving most
of it?
In an e-mail, Richardson argued—and I agree with him—that the
progressive-tax-code explanation is inadequate because
the blue-state-red-state trend has unfolded even as the
tax code has become less progressive. The tax code today
barely distinguishes between the merely wealthy and the
insanely rich—your local doctor faces the
same taxation level as LeBron James. And
the linear relationship between
the degree of conservatism in a state and the amount of
federal spending it receives contradicts the notion that
conservatives in blue states might be footing the bill
for liberals in red states. The more conservatives a
state has, the less it pays. The more liberals a state
has, the less it receives.
At a minimum, conservatives
must agree there is a contradiction between being
against government spending and dominating the politics
of states that get the lion's share of federal spending.
The beauty of the trick, from a psychological point of
view, is not that Republicans serve their constituents.
It is that Republicans have succeeded in making
Democrats feel lousy for being out-of-touch elitists who
can't be trusted to keep spending under control.
11/25/2010 4:38 AM
http://www.usatoday.com/
Future holds key to quantum
physics
By Dan Vergano, USA TODAY
If
Yogi Berra had pursued a career in quantum physics
instead of baseball, you could imagine him saying
something like, "It's tough to make predictions,
especially about the future."
That's
because for a lot of things in quantum physics (and
baseball), exactly what happened in the past can be as
much of a mystery as what will happen in the future. The
future, though, may be literally telling us what is
happening now, according to a real trailblazer in the
admittedly spooky world of quantum physics
"One remarkable thing about
quantum physics is that so many of the fundamental
arguments are still with us today," says physicist
Yakir Aharanov of
Chapman University in Orange, Calif. Aharanov, in
Washington D.C. to collect a
National Medal of Science this past week, stopped by
USA TODAY to talk about his latest work, plumbing the
"deep questions" of modern physics.
Aharanov received the medal
partly for his first foray into this arena of quantum
physics in 1959, working with the physicist David Bohm,
to describe what is now called the "Aharanov Bohm"
effect. They showed that charged
particles can have their trajectories, momentum and
other characteristics affected by an electromagnetic
field, even when the field is completely shielded from
the particle.
This sort of "spooky action at a
distance," that
Einstein complained about in quantum mechanics — how
can something affect something else without apparent
connection — is one of those weird and disturbing (and
completely, true, this is how stuff works on the quantum
level) things about modern physics that has disturbed
people for decades. "Anyone who
is not shocked by quantum theory has not understood it,"
Danish physicist Niels Bohr said.
"Einstein complained nature is
being capricious," Aharanov says. "But nature is not
being capricious. Nature is
trying to tell us something, I think, about the way we
think about the future."
Consider
one of the simplest experiments that initially surprised
physicists, the double-slit experiment. Physicists could
fire tiny electrons from a hot wire towards a screen
with two slits, and a second screen lined with electron
detectors. Close the left slit, open both and then close
the right one, and add up how many electrons smack into
any one position on the second screen, for a minute
each.
What
happens? The first surprise is that the number of
electrons recorded from when both slits are open won't
equal the number you would get from adding the electrons
that pass separately through the right and left slits.
The second surprise is that when both slits are open,
there are points on the second screen where fewer
electrons land than when just one is open. They actually
land in an interference pattern indicating that
electrons separated by slits are somehow interacting.
"Somehow each electron knows that both slits are open,"
writes the physicist Sandu Popescu of the United
Kingdom's University of Bristol in a
March Nature Physics
article. "But how does an electron passing through one
slit know if the other slit is open or not?"
Quantum mechanics explains this
by throwing away certainty, and saying on the atomic, or
sub-atomic level, objects behave in ways determined
purely by their probability of arriving somewhere else,
suggesting in a real sense that
a particle behaves as if following paths through both
slits and then "reincarnates," in Popescu's words, as an
undivided particle when it strikes the second screen.
Because the electron has been effectively in two places
at once as it traveled through the two slits, the
electrons could interfere with each other. "It is
one of the great mysteries of physics," Popescu
concludes.
The
Aharanov Bohm effect further scrambles the picture.
Stick a shielded electromagnet in between the slits and
the electrons fly through the slits differently than
they would otherwise, even though the electrons are
shielded from the magnetic field. Well, that's just
spooky. But physicists can calculate the impact of these
spooky effects on the odds of the electrons ending up in
their various places, and chalk it all up to quantum
weirdness, if they like. A number of experiments even
take advantage of such effects for "quantum
cryptography" experiments that transmit secure messages
across great distances.
But in the November Physics
Today, Aharanov and colleagues lay out
a new way of looking at quantum weirdness. Pointing
to a series of experimental successes based on their
predictions in amplifying the intrinsic magnetism, or
"spin," of atomic particles,
they suggest, "the physicists' notion of time needs to
be revisited."
What is
really happening in the double-slit experiment, they
say, and really wherever atomic particles are
interacting with each other (that is to say,
everywhere), is not that the two electrons are in two
places at once. Instead, time is running both forward,
from the electron leaving the wire, and backward, from
its final location on the second screen. Where time
meets, running backwards and forwards, determines which
slit the electron chooses. The future is affecting the
past, all the time, on the quantum level. (Sadly our
brains don't work on the quantum level, although I
really don't want to know what I will look like in
another 10 years.)
Thinking
about quantum effects this way doesn't change the
outcome of past experiments. But it allows physicists to
effectively select the future they want their particles
to have, within limits, amplifying the results for a
desired outcome. A 2008 Science magazine report,
for example, used this future selecting technique,
called
"weak measurement,"
to amplify the deflection of a laser path by a factor of
10,000.
Who cares? Well, the next
revolution in electronics is expected to be in "spintronics,"
using the intrinsic magnetism of atoms to store
information and energy much more efficiently than
"electronic" devices. If you want your spintronic
ear-bud phone to pick up your calls, amplification might
come in handy. "Weak measurement" is the second advance
that President Obama mentioned when
presenting Aharanov with his medal last week.
One of
Aharanov's former students, Jonathan Oppenheim of the
United Kingdom's University of Cambridge, has a study in
the current Science magazine looking at the
limits of "spooky action at a
distance," in quantum mechanics. Aharanov
says physicists have only started to plumb the
possibilities of taking advantage of these so-called
"non-local" effects. "I really believe we are close to a
second revolution in physics as big as the one a century
ago," he says. "I feel we are only beginning to free
existing quantum theory and to do so, we must think of
time in another way."
The
key to the future is the future, in other words, and
it is coming towards us fast.
Check out
all the links in this story!
--
http://www.ft.com/
A presidency heading for a fiscal train wreck
By Nouriel Roubini
Published: October 28 2010 20:48 | Last updated:
October 28 2010 20:48
What has been the fiscal performance of President Barack Obama? He
inherited the worst economic crisis since the Great
Depression, as well as a budget deficit that – after
much needed bail-outs and a series of reckless tax cuts
– was already close to $1,000bn. His stimulus package,
together with a backstop of the financial system, low
rates and quantitative easing from the Federal Reserve,
prevented another depression. Mr Obama also deserves
credit that the US, alone among advanced economies,
currently supports a “growth now”, rather than an
“austerity now” path.
But this is but one half of the picture; we must also
judge his first two years on his ability to anticipate
what the economy will need tomorrow. Here the picture is
much less positive. Given the likely path of fiscal
policy after next Tuesday’s election – with the
expiration of existing stimulus and transfer payments,
and even with most of the 2001-03 tax cuts being kept –
the US economy will soon experience serious fiscal drag
just when it needs a further boost. Problematically, the
administration’s failures leave it relying on the Fed,
which is bent on further QE, likely to be announced next
Wednesday. But studies show this will have little effect
on US growth in 2011, so fiscal policy should be doing
some of the lifting to prevent a double dip recession.
In an ideal world Mr Obama would also have been able
to move towards reforming and reducing entitlement
spending, with commitments to measures that could be
phased in over the next few years, therefore avoiding
short-term fiscal pain. He would also have committed to
increase, gradually over the next few years, less
distortionary taxes such as a VAT and a carbon tax. This
would have reduced the fiscal deficit, and created a
climate in which no investor would worry about
additional stimulus.
Sadly, this has not happened. In fact the opposite
will now take place. The term stimulus is already a
dirty word, even within the Obama administration. After
the Republicans make significant electoral gains further
stimulus is even less likely. Medium-term consolidation,
meanwhile, will be all but impossible as the 2012
presidential election begins to loom large.
In truth the only window of opportunity is 2011. Here
the president deserves credit for setting up a
bipartisan debt commission, which is most likely to
propose a sensible combination of entitlement spending
cuts and increases in taxes. But sadly the chance that
these recommendations will be implemented in 2011 is
close to zero. Republicans will veto any tax increase,
while Democrats will resist unpopular entitlement
reform.
The upshot is that the current gridlock in Congress
will soon get much worse. Of course, Mr Obama cannot
entirely be blamed for his limited progress, when the
Republicans take that Leninist approach of “the worse
the better”, and offer no co-operation on any issue.
That they now see Mr Obama as a one-term president will
soon mean the worst open warfare inside the Beltway in
30 years.
The coming stalemate will only be made worse by the
lack of a reason to act on the deficit. The bond
vigilantes are asleep, while borrowing rates remain
unusually low. Near zero rates will continue as long as
growth and inflation are low (and getting lower) and
repeated bouts of global risk aversion – as with this
spring’s Greek crisis – will push more investors to safe
dollars and US debt. China’s massive interventions to
stop renminbi appreciation will mean purchasing yet more
treasuries too. In short, kicking the can down the road
will be the political path of least resistance.
The risk, however, is that something on the fiscal
side will snap, and the bond vigilantes will wake up.
The trigger could be a debt rollover crisis in a major
US state government, or perhaps even the realisation
that congressional gridlock means bipartisan solutions
to our medium-term fiscal crisis is mission impossible.
Only then will our politicians suddenly remember that,
on top of our federal debt, the US suffers from unfunded
social security and Medicare liabilities, state and
local government debt, and public pension bills that add
up to many multiples of US GDP.
A bond market shock is thus the only thing likely to
break the impasse. Mr Obama may take some comfort from
the fact that the worst of the coming fiscal train wreck
will be prevented by the Fed’s easing. But the risk is
he will then preside not over a bout of inflation but a
Japanese style stagnation, where growth is barely
positive, and deflationary pressures and high
unemployment linger.
The Obama administration did the right thing early,
and avoided another depression. He is still doing the
right thing now in pointing out the risks of early
austerity. And he is limited by an unco-operative
Republican party trapped in a belief in voodoo
economics, the economic equivalent of creationism. Even
so, he and his party have been unwilling to tackle
long-term entitlement spending. Two years in, and this
means the US remains on an unsustainable fiscal course.
The result will soon be the worst of all worlds:
neither short-term stimulus nor medium-term fiscal
sustainability. Fiscally the only light at the end of
the tunnel may be that which causes the upcoming crisis.
With two years of gridlock in prospect, it will fall to
the next president in 2013 – whoever he or she may be –
to start fixing America’s fiscal mess. Whether that is
Mr Obama or not, that he may leave this challenge may
become the worst of his legacy.
The writer is chairman of Roubini Global Economics,
Professor at the Stern School of Business, NYU and
co-author of Crisis Economics
--
10/22/2010 4:33 PM
http://www.catholicnews.com/
In his written submission, Archbishop Raboula Beylouni, who
works in the Syrian Catholic curia in Lebanon, wrote
that formal Catholic-Muslim dialogues are "difficult and
often ineffective," partially because the Quran tells
Muslims they belong to "the only true and complete
religion."
Muslims, he said, come "to dialogue with a sense of
superiority and with the certitude of being victorious."
In addition, the archbishop said, "The Quran allows the
Muslim to hide the truth from the Christian and to speak
and act contrary to how he thinks and believes."
Islam does not recognize the equality of men and women
and does not recognize the right of religious freedom,
he also wrote.
--
http://money.usnews.com
Politicians repeatedly misunderstand why voters send
them to Washington. Every time there's a change in the
status quo, the new blood concludes that the electorate
has issued a "mandate" and demanded sweeping change. But
voters don't always want sweeping change. Mostly, they
want the things that aren't working right to work
better. Still, the empowered newcomers seize the moment
to institutionalize as much of their ideological agenda
as possible. Time and again, the overreach turns off
voters, and they seek change all over again.
--
10/16/2010 6:31 PM
http://www.huffingtonpost.com
A study from the Pew Forum on Religion & Public Life
found that the public's view of Islam has worsened. The
study found that 30% have a favorable view of Islam,
while 38% hold an unfavorable view. Gallup polling
reveals that Americans were asked what they admire about
the Muslim world, 57% responded "nothing" or "I don't
know."" Despite major polling by Gallup and Pew that
show that American Muslims are well integrated
economically and politically, a January 2010 Gallup
Center for Muslim Studies report found that 43% admit to
feeling at least "a little" prejudice toward Muslims --
more than twice the number who say the same about
Christians, Jews, and Buddhists.
These opinions existed but were less visible until
the debates in New York over the proposed Islamic Center
reached a high pitch. When the University of North
Carolina assigned reading the Qur'an to incoming
freshman, O'Reilly compared the assignment to having
students read Hitler's Mein Kampf in 1941. More
recently, Newt Gingrich compared Muslim Americans who
want to build the Islamic center in New York to Nazis
who would erect a sign next to Holocaust museum.
Gingrich has also received a standing ovation earlier
this year at the Values Voter Summit when he called for
a "federal law that says Shariah law cannot be
recognized by any court in the United States." Oklahoma
State Rep. Rex Duncan also expects that his "Save our
State" referendum to keep Islamic law out of state
courts to pass easily on Election Day. The Center for
Security Policy released a 177-page report last month
called "Shariah: The Threat to America" and says Islamic
Law is infiltrating American society. The report cites
examples such as Muslims building mosques and using
Islamic financing to buy homes.
--
10/14/2010
9:39 AM
http://www.msnbc.msn.com
Back
surgery may backfire on patients in pain
Patients who had spinal fusion were less likely to
return to work and needed more opiates, study says
Adapted from
Dr. Peter Hammond's book: Slavery, Terrorism and Islam:
The Historical Roots and Contemporary Threat
Islam is not a religion, nor is it a cult. In its
fullest form, it is a
complete, total, 100% system of life.
Islam has religious, legal, political, economic, social,
and military
components. The religious component is a beard for all
of the other
components.
Islamization begins when there are sufficient Muslims in
a country to
agitate for their religious privileges.
When politically correct, tolerant, and culturally
diverse societies
agree to Muslim demands for their religious privileges,
some of the
other components tend to creep in as well.
Here's how it works:
As long as the Muslim population remains around or under
2% in any
given country, they will be for the most part be
regarded as a peace-loving
minority, and not as a threat to other citizens. This is
the case in:
United States -- Muslim 0.6%
Australia -- Muslim 1.5%
Canada -- Muslim 1.9%
China -- Muslim 1.8%
Italy -- Muslim 1.5%
Norway -- Muslim 1.8%
At 2% to 5%, they begin to proselytize from other ethnic
minorities and
disaffected groups, often with major recruiting from the
jails and among
street gangs. This is happening in:
Denmark -- Muslim 2%
Germany -- Muslim 3.7%
United Kingdom -- Muslim 2.7%
Spain -- Muslim 4%
Thailand -- Muslim 4.6%
From 5% on, they exercise an inordinate influence in
proportion to
their percentage of the population. For example, they
will push for the
introduction of halal (clean by Islamic standards) food,
thereby
securing food preparation jobs for Muslims. They will
increase pressure
on supermarket chains to feature halal on their shelves
-- along with
threats for failure to comply. This is occurring in:
France -- Muslim 8%
Philippines -- 5%
Sweden -- Muslim 5%
Switzerland -- Muslim 4.3%
The Netherlands -- Muslim 5.5%
Trinidad & Tobago -- Muslim 5.8%
At this point, they will work to get the ruling
government to allow them
to rule themselves (within their ghettos) under Sharia,
the Islamic Law.
The ultimate goal of Islamists is to establish Sharia
law over the
entire world.
When Muslims approach 10% of the population, they tend
to increase
lawlessness as a means of complaint about their
conditions. In Paris , we
are already seeing car-burnings. Any non-Muslim action
offends Islam and
results in uprisings and threats, such as in Amsterdam,
with opposition
to Mohammed cartoons and films about Islam. Such
tensions are seen
daily, particularly in Muslim sections in:
Guyana -- Muslim 10%
India -- Muslim 13.4%
Israel -- Muslim 16%
Kenya -- Muslim 10%
Russia -- Muslim 15%
After reaching 20%, nations can expect hair-trigger
rioting, jihad
militia formations, sporadic killings, and the burnings
of Christian
churches and Jewish synagogues, such as in:
Ethiopia -- Muslim 32.8%
At 40%, nations experience widespread massacres, chronic
terror attacks, and
ongoing militia warfare, such as in:
Bosnia -- Muslim 40%
Chad -- Muslim 53.1%
Lebanon -- Muslim 59.7%
From 60%, nations experience unfettered persecution of
non-believers of
all other religions (including non-conforming Muslims),
sporadic ethnic
cleansing (genocide), use of Sharia Law as a weapon, and
Jizya, the tax
placed on infidels, such as in:
Albania -- Muslim 70%
Malaysia -- Muslim 60.4%
Qatar -- Muslim 77.5%
Sudan -- Muslim 70%
After 80%, expect daily intimidation and violent jihad,
some State-run
ethnic cleansing, and even some genocide, as these
nations drive out
the infidels, and move toward 100% Muslim, such as has
been experienced and in
some ways is on-going in:
Bangladesh -- Muslim 83%
Egypt -- Muslim 90%
Gaza -- Muslim 98.7%
Indonesia -- Muslim 86.1%
Iran -- Muslim 98%
Iraq -- Muslim 97%
Jordan -- Muslim 92%
Morocco -- Muslim 98.7%
Pakistan -- Muslim 97%
Palestine -- Muslim 99%
Syria -- Muslim 90%
Tajikistan -- Muslim 90%
Turkey -- Muslim 99.8%
United Arab Emirates -- Muslim 96%
100% will usher in the peace of 'Dar-es-Salaam' -- the
Islamic House of
Peace. Here there's supposed to be peace, because
everybody is a Muslim, the
Madrasses are the only schools, and the Koran is the
only word, such as in:
Afghanistan -- Muslim 100%
Saudi Arabia -- Muslim 100%
Somalia -- Muslim 100%
Yemen -- Muslim 100%
Unfortunately, peace is never achieved, as in these
100% states the
most radical Muslims intimidate and spew hatred, and
satisfy their blood lust by
killing less radical Muslims, for a variety of reasons.
'Before I was nine, I had learned the basic canon of
Arab life. It was me
against my brother; me and my brother against our
father; my family
against my cousins and the clan; the clan against the
tribe; the tribe
against the world, and all of us against the infidel. --
Leon Uris, 'The Haj'
It is important to understand that in some countries,
with well under
100% Muslim populations, such as France, the minority
Muslim populations
live in ghettos, within which they are 100% Muslim, and
within which
they live by Sharia Law. The national police do not even
enter these
ghettos. There are no national courts, nor schools, nor
non-Muslim
religious facilities. In such situations, Muslims do not
integrate into the
community at large. The children attend madrasses. They
learn only
the Koran. To even associate with an infidel is a crime
punishable with
death. Therefore, in some areas of certain nations,
Muslim Imams and
extremists exercise more power than the national average
would indicate.
Today's 1.5 billion Muslims make up 22% of the world's
population. But
their birth rates dwarf the birth rates of Christians,
Hindus, Buddhists, Jews,
and all other believers. Muslims will exceed 50% of the
world's population by
the end of this century.
http://www.businessinsider.com
Corporate
insiders are bailing out of the U.S. stock market at a
very alarming rate.
In
particular, someone is making some incredibly large bets
that the S&P 500 is going to absolutely tank during the
month of October.
Corporate
insiders are getting out of the U.S. stock market at an
absolutely blinding pace.
It is being reported that the ratio of corporate
insider selling to corporate insider buying last week
was 1,411 to 1, and this week the ratio has soared even
higher and is at 2,341 to 1.
(info received in an eMail - I lost the
sender link)
The Global Islamic population is approximately
1,200,000,000; that is ONE
BILLION TWO HUNDRED MILLION or 20% of the world's
population. They have received the following Nobel
Prizes:
Literature:
1988 - Najib Mahfooz
Peace:
1978 - Mohamed Anwar El-Sadat
1990 - Elias James Corey
1994 - Yaser Arafat:
1999 - Ahmed Zewai
Economics:
(zero)
Physics:
(zero)
Medicine:
1960 - Peter Brian Medawar
1998 - Ferid Mourad
TOTAL: 7
The Global Jewish population is approximately
14,000,000; that is FOURTEEN
MILLION or about 0.02% of the world's population. They
have received the
following Nobel Prizes:
Literature:
1910 - Paul Heyse
1927 - Henri Bergson
1958 - Boris Pasternak
1966 - Shmuel Yosef Agnon
1966 - Nelly Sachs
1976 - Saul Bellow
1978 - Isaac Bashevis Singer
1981 - Elias Canetti
1987 - Joseph Brodsky
1991 - Nadine Gordimer World
Peace:
1911 - Alfred Fried
1911 - Tobias Michael Carel Asser
1968 - Rene Cassin
1973 - Henry Kissinger
1978 - Menachem Begin
1986 - Elie Wiesel
1994 - Shimon Peres
1994 - Yitzhak Rabin
Physics:
1905 - Adolph Von Baeyer
1906 - Henri Moissan
1907 - Albert Abraham Michelson
1908 - Gabriel Lippmann
1910 - Otto Wallach
1915 - Richard Willstaetter
1918 - Fritz Haber
1921 - Albert Einstein
1922 - Niels Bohr
1925 - James Franck
1925 - Gustav Hertz
1943 - Gustav Stern
1943 - George Charles de Hevesy
1944 - Isidor Issac Rabi
1952 - Felix Bloch
1954 - Max Born
1958 - Igor Tamm
1959 - Emilio Segre
1960 - Donald A. Glaser
1961 - Robert Hofstadter
1961 - Melvin Calvin
1962 - Lev Davidovich Landau
1962 - Max Ferdinand Perutz
1965 - Richard Phillips Feynman
1965 - Julian Schwinger
1969 - Murray Gell-Mann
1971 - Dennis Gabor
1972 - William Howard Stein
1973 - Brian David Josephson
1975 - Benjamin Mottleson
1976 - Burton Richter
1977 - Ilya Prigogine
1978 - Arno Allan Penzias
1978 - Peter L Kapitza
1979 - Stephen Weinberg
1979 - Sheldon Glashow
1979 - Herbert Charles Brown
1980 - Paul Berg
1980 - Walter Gilbert
1981 - Roald Hoffmann
1982 - Aaron Klug
1985 - Albert A. Hauptman
1985 - Jerome Karle
1986 - Dudley R. Herschbach
1988 - Robert Huber
1988 - Leon Lederman
1988 - Melvin Schwartz
1988 - Jack Steinberger
1989 - Sidney Altman
1990 - Jerome Friedman
1992 - Rudolph Marcus
1995 - Martin Perl
2000 - Alan J. Heeger
Economics:
1970 - Paul Anthony Samuelson
1971 - Simon Kuznets
1972 - Kenneth Joseph Arrow
1975 - Leonid Kantorovich
1976 - Milton Friedman
1978 - Herbert A. Simon
1980 - Lawrence Robert Klein
1985 - Franco Modigliani
1987 - Robert M. Solow
1990 - Harry Markowitz
1990 - Merton Miller
1992 - Gary Becker
1993 - Robert Fogel
Medicine:
1908 - Elie Metchnikoff
1908 - Paul Erlich
1914 - Robert Barany
1922 - Otto Meyerhof
1930 - Karl Landsteiner
1931 - Otto Warburg
1936 - Otto Loewi
1944 - Joseph Erlanger
1944 - Herbert Spencer Gasser
1945 - Ernst Boris Chain
1946 - Hermann Joseph Muller
1950 - Tadeus Reichstein
1952 - Selman Abraham Waksman
1953 - Hans Krebs
1953 - Fritz Albert Lipmann
1958 - Joshua Lederberg
1959 - Arthur Kornberg
1964 - Konrad Bloch
1965 - Francois Jacob
1965 - Andre Lwoff
1967 - George Wald
1968 - Marshall W. Nirenberg
1969 - Salvador Luria
1970 - Julius Axelrod
1970 - Sir Bernard Katz
1972 - Gerald Maurice Edelman
1975 - Howard Martin Temin
1976 - Baruch S. Blumberg
1977 - Roselyn Sussman Yalow
1978 - Daniel Nathans
1980 - Baruj Benacerraf
1984 - Cesar Milstein
1985 - Michael Stuart Brown
1985 - Joseph L. Goldstein
1986 - Stanley Cohen [& Rita Levi-Montalcini]
1988 - Gertrude Elion
1989 - Harold Varmus
1991 - Erwin Neher
1991 - Bert Sakmann
1993 - Richard J. Roberts
1993 - Phillip Sharp
1994 - Alfred Gilman
1995 - Edward B. Lewis
1996- Lu RoseIacovino
TOTAL: 129!
http://www.citizenwarrior.com
THE QURAN is Islam's most holy book.
Sixty-one percent of the
Quran is about non-Muslims. Writings about what Muslims should do is religious. Writings about what
non-Muslims should do or how Muslims should deal with
non-Muslims is political (read
more about this).
Therefore, based on Islam's most holy book, Islam is more political (61%)
than religious (39%).
There are
245 verses in the Quran
that could be considered "positive verses" about
non-Muslims. Every single one of those verses have been
abrogated
by later, negative verses about non-Muslims. Not one
positive verse about non-Muslims is left.
In contrast, there are
527 verses of
intolerance toward non-Muslims, and
109 verses specifically
advocating violence towards non-Muslims.
Not one of these verses has been abrogated.
My conclusion: Non-Muslims who
like Islam don't know much about it.
--
10/1/2010 11:37 PM
http://bigthink.com/ideas/24292
The
Enormous Gap Between The Rich and the Rest of Us
In a recent post, I
argued
that the tax burden on the rich is not as great as some
would have you believe. It’s not that there is anything
wrong with being rich. After all, the idea that with
hard work and little luck any of us could make it rich
is an integral part of the American Dream. But it’s
nevertheless bizarre to imagine that the rich are really
the ones are suffering—not when the rest of us have been
doing so much worse.
As I’ve
written, according to the
latest census reports,
1 in 7 Americans—and 1 in 5 American children—lives in
poverty. That’s more than at any time in the last
fifteen years. As Timothy Noah
writes, while most Americans think there’s too much
income inequality in the U.S., most have no real idea
just how much there wide the gap between the rich and
the poor has become. As Noah
explains
in his excellent series on income inequality in the
U.S., over that time the rich have gotten steadily
richer. As Noah points out, between 1980 and 2005 an
incredible 80% of our the nation’s growth went to the
richest 1% of the population, so that now that 1%
makes around 18% our national income. Far from suffering, the rich are doing better than ever before.
But, as Matt Yglesias
says,
the real story may be not how rich the rich have become,
but how little the rest of us have. While the top 20%
own about 85% of our country’s total wealth, the poorest
40% of us own just 0.3% of the country’s wealth. That
means the richest fifth of Americans have around 280
times as much money as the poorest two-fifths combined.
So maybe we should worry less about how the rich and
think a little more about how ordinary Americans are
doing.
9/29/2010 11:21 AM
http://articles.latimes.com
It's time to fight back against death threats by Islamic
extremists
A federal law is needed to cover threats against
free-speech rights. Across media and geographies,
Islamic extremists are increasingly using intimidation
to stifle free expression.
September 27, 2010|By Ayaan Hirsi
Ali and Daniel Huff
Earlier this year, after Comedy Central altered an
episode of "South Park" that had prompted threats
because of the way it depicted Islam's prophet Muhammad,
Seattle cartoonist Molly Norris proposed an "Everybody
Draw Muhammad Day." The idea
was, as she put it, to stand up for the 1st Amendment
and "water down the pool of targets" for extremists.
The proposal got Norris targeted
for assassination by radical Yemeni American cleric
Anwar Awlaki, who has been linked to the
attempted Christmas Day bombing of a Northwest Airlines
flight and also to several of the 9/11 hijackers. This
month, after warnings from the FBI, Norris went into
hiding. The Seattle Weekly said
that Norris was "moving, changing her name, and
essentially wiping away her identity."
It's time for free-speech
advocates to take a page from the abortion rights
movement's playbook. In the 1990s, abortion providers
faced the same sort of intimidation tactics and did not
succumb. Instead, they lobbied for a federal law making
it a crime to threaten people exercising reproductive
rights and permitting victims to sue for damages. The
Freedom of Access to Clinic Entrances Act, or FACE,
passed in 1994 by solid bipartisan margins. A similar
act is needed to cover threats against free-speech
rights.
A federal law would do two things. First, it would deter
violent tactics, by focusing national attention on the
problem and invoking the formidable enforcement
apparatus of the federal government. Second, its civil
damages provision would empower victims of intimidation
to act as private attorneys general to defend their
rights.
Such an act is overdue. Across media and geographies,
Islamic extremists are increasingly using intimidation
to stifle free expression.
The "South Park" incident neatly illustrates the
benefits. On April 15, following the first of a two-part
episode mocking Jesus, Buddha and Muhammad,
RevolutionMuslim.com announced that "[w]e have to warn
Matt and Trey that what they are doing is stupid and
they will probably wind up like Theo Van Gogh." The
"warning" included the names, photos and work address of
"South Park's" creators, a graphic image of Van Gogh's
mutilated body and pictures of other targets of Muslim
extremists. Overlaying this was audio of Awlaki
preaching about assassinating anyone who defamed the
prophet. Panicked, Comedy Central heavily censored the
episode.
This rather obvious threat could
not be prosecuted. New York Police Department officials
explained it did not rise to a crime. Were the FACE Act
applicable here, a civil suit would have been available,
and precedent suggests it would have been successful.
In 2002, on very similar facts, the U.S. 9th Circuit
Court of Appeals upheld a civil award to abortion
doctors who sued using the FACE Act. A fringe
antiabortion group, ACLA, had in various public venues
displayed "Wanted"-style posters bearing the names,
photos and addresses of doctors who performed abortions.
Their names were also posted on the Internet alongside a
list of wounded and murdered doctors whose names were
struck through. The 9th Circuit held that ACLA's
activities constituted true threats unprotected by the
1st Amendment.
If we leave our artists,
activists and thinkers alone to weather the assault,
they will succumb and we will all suffer the
consequences.
Ayaan Hirsi Ali, a former member of the Dutch
parliament, is a resident scholar with the American
Enterprise Institute and the author of "Nomad: From
Islam to America." Daniel Huff is director of the Middle
East Forum's Legal Project.
http://www.slate.com/id/2267685/
So who are
these people and what do they want from us? A
series
of
polls, as well as be-ins like Glenn Beck's
Washington rally last month, have given us a picture
of a movement predominated by
middle-class, middle-aged white men angry about the
expansion of government and hostile to societal change.
But that profile could accurately describe the past
several right-wing insurgencies, from the California tax
revolt of the late 1970s to the Contract with America of
1994—not to mention the very Republican establishment
that the Tea Party positions itself against.
What's new and most distinctive
about the Tea Party is its streak of
anarchism—its
antagonism toward any authority, its belligerent style
of self-expression, and its lack of any coherent program
or alternative to the policies it condemns.
In
this sense, you might think of the Tea Party as the
Right's version of the 1960s New Left. It's an
unorganized and unorganizable community of people coming
together to assert their individualism and subvert the
established order. But where the New Left was young and
looked forward to a new Aquarian age, the Tea Party is
old and looks backward to a capitalist-constitutionalist
paradise that, needless to say, never existed. The
strongest note in its tannic brew is nostalgia. Tea
Partiers are constantly talking about "restoring
honor," getting back to America's roots, and
"taking back" their country.
Other
than nostalgia, the strongest emotion at Tea Parties is
resentment, defined as placing blame for one's woes on
those either above or below you in the social hierarchy.
This finds expression in hostility toward a variety of
elites: the "liberal" media, "career" politicians,
"so-called" experts, and sometimes even the hoariest of
populist targets, Wall Street bankers. These
groups stand accused of promoting the interests of the
poor, minorities and immigrants—or in the case of the
financiers, the very rich—against those of hard-working,
middle-class taxpayers. Beck and
Sarah Palin, the fun couple that headlines the Tea
Party, express their feelings of victimization at the
hands of their betters and lessers on a daily basis—he
in his histrionic vein, she in her
preening one. Both
hedge their resentment in a careful way that often walks
the line of bigotry but seldom states it directly.
Nostalgia,
resentment, and reality-denial are all expressions of
the same underlying anxiety about losing one's place in
the country or of losing control of it to someone else.
When you look at the surveys, the Tea Partiers are not
primarily the victims of economic transformation, but
rather people whose position is threatened by social
change. Because racial bias is unacceptable both in
American political culture and in an individualist
ideology, Tea Partiers don't say directly what Pat
Buchanan used to: that moving from a predominantly white
Christian nation to a majority nonwhite one is a bad
thing and should be stopped. Instead, their
resistance finds sublimated expression through their
reality distortion field: Beck's claim that Obama "has
a deep-seated hatred of white people"' or Dinesh
D'Souza's
Newt-endorsed theory that Obama is a Kenyan Mau Mau
in mufti, or the prevalent Tea Party opinion that
policies like Obamacare and the stimulus are merely
mechanisms for transferring income from the middle class
to the minority poor and illegal immigrants—i.e.,
socialism. Of no previous movement has
Richard Hofstadter's depiction of populism as driven
by "status anxiety" been so apt.
As mobs go, Republicans will find this one will
be especially hard to lead, pacify, or dispel. The Tea
Party is fundamentally about venting anger at change it
is doesn't like, not about fixing what's broken. Turn
the movement's rage into a political program and you've
already betrayed it.
http://www.telegraph.co.uk
IMF fears 'social explosion' from world jobs crisis
America and Europe face the worst jobs crisis since
the 1930s and risk "an explosion of social unrest"
unless they tread carefully, the International Monetary
Fund has warned.
"Long-term unemployment is alarmingly high: in the
US, half the unemployed have been out of work for over
six months, something we have not seen since the Great
Depression," he said.
Spain has seen the biggest shock, with unemployment
near 20pc. Britain's rate has risen from 5.3pc to 7.8pc
over the last two years, a slightly better record than
the OECD average. This contrasts with the 1970s and
early 1980s when Britain was notoriously worse. UK
jobless today totals 2.48m.
Mr Blanchard called for extra monetary stimulus as
the first line of defence if "downside risks to growth
materialise", but said authorities should not rule out
another fiscal boost, despite debt worries. "If fiscal
stimulus helps avoid structural unemployment, it may
actually pay for itself," he said.
"Most advanced countries should not tighten fiscal
policies before 2011: tightening sooner could undermine
recovery," said the report, rebuking Britain's
Coalition, Germany's austerity hawks, and US
Republicans. Under French socialist Strauss-Kahn, the
IMF has assumed a Keynesian flavour.
The report skirts the contentious issue of whether
globalisation lets companies engage in "labour
arbitrage", locating plant in low-wage economies such as
China to ship products back to the West. Nor does it
grapple with the trade distortions caused by China's
currency policy, except to call on "surplus countries"
to play their part in rebalancing.
The IMF said there may be a link between rising
inequality within Western economies and deflating
demand.
Historians say the last time that the wealth gap
reached such skewed extremes was in 1928-1929. Some
argue that wealth concentration may cause investment to
outstrip demand, leading to over-capacity. This can trap
the world in a slump.
http://www.slate.com/id/2266154/
Free Exercise of Religion? No, Thanks.
The taming and domestication of religious faith is one
of the unceasing chores of civilization.
By
Christopher Hitchens
Take an example close at hand, the absurdly named
Church of Jesus Christ of Latter-day Saints.
More usually known as the Mormon
church, it can boast Glenn Beck as one of its recruits.
He has recently won much cheap publicity for
scheduling a
rally on the anniversary of Martin Luther King Jr.'s
March on Washington. But on the day on which the
original rally occurred in 1963, the Mormon church had
not yet gotten around to recognizing black people as
fully human or as eligible for full membership. (Its
leadership subsequently underwent a "revelation"
allowing a change on this point, but not until after the
passage of the Civil Rights Act.) This opportunism
closely shadowed an earlier adjustment of Mormon dogma,
abandoning its historic and violent attachment to
polygamy. Without that doctrinal change, the state of
Utah was firmly told that it could not be part of the
Union. More recently, Gov. Mitt Romney had to assure
voters that he did not regard the prophet, or head of
the Mormon church, as having ultimate moral and
spiritual authority on all matters. Nothing, he swore,
could override the U.S. Constitution. Thus, to the
extent that we view latter-day saints as acceptable, and
agree to overlook their other quaint and weird beliefs,
it is to the extent that we have decidedly limited
them in the free exercise of their religion.
One could cite some other
examples, such as those Christian sects that disapprove
of the practice of medicine. Their adult members are
generally allowed to die while uttering religious
incantations and waving away the physician, but, in many
states, if they apply this faith to their children—a
crucial element in the "free exercise" of religion—they
can be taken straight to court. Not only that, they can
find themselves subject to general disapproval and
condemnation.
It was probably the latter consideration that
helped impel the majority of American Orthodox Jews to
give up the practice of
metzitzah b'peh, a
radical form of male circumcision that is topped off, if
you will forgive the expression, by the sucking of the
infant's penis by the rabbi or mohel so as to
remove any remaining blood or debris. A few tiny
sects still cling to this disgusting ritual, which in
New York a few years ago led to a small but
deadly outbreak of herpes among recently circumcised
babies. On that occasion, despite calls for a ban on the
practice from many Jewish doctors, the vastly overrated
Mayor Michael Bloomberg chose an election year to say
that such "free exercise" should not be interfered with.
We talk now as if it was ridiculous ever to suspect
Roman Catholics of anything but the highest motives, yet
by the time John F. Kennedy was breaking the unspoken
taboo on the election of a Catholic as president, the
Vatican had just begun to consider making public
atonement for centuries of Jew-hatred and a more recent
sympathy for fascism. Even today, many lay Catholics are
appalled at the Vatican's protection of men who are
sought for questioning in one of the gravest of all
crimes: the organized rape of children. It is generally
agreed that the church's behavior and autonomy need to
be modified to take account both of American law and
American moral outrage. So much for the naive invocation
of "free exercise."
One could easily go on. The Church of Scientology,
the Unification Church of Sun Myung Moon, and the Ku
Klux Klan are all faith-based organizations and are all
entitled to the protections of the First Amendment. But
they are also all subject to a complex of statutes
governing tax-exemption, fraud, racism, and violence, to
the point where "free exercise" in the third case has—by
means of federal law enforcement and stern public
disapproval—been reduced to a vestige of its former
self.
Now to Islam. It is, first, a religion that makes
very large claims for itself, purporting to be the last
and final word of God and expressing an ambition to
become the world's only religion. Some of its adherents
follow or advocate the practice of plural marriage,
forced marriage, female circumcision, compulsory veiling
of women, and censorship of non-Muslim magazines and
media. Islam's teachings generally exhibit suspicion of
the very idea of church-state separation. Other
teachings, depending on context, can be held to exhibit
a very strong dislike of other religions, as well as of
heretical forms of Islam. Muslims in America, including
members of the armed forces, have already been found
willing to respond to orders issued by foreign terrorist
organizations. Most disturbingly, no authority within
the faith appears to have the power to rule decisively
that such practices, or such teachings, or such actions,
are definitely and utterly in conflict with the precepts
of the religion itself.
Reactions from even "moderate" Muslims to criticism
are not uniformly reassuring. "Some of what people are
saying in this mosque controversy is very similar to
what German media was saying about Jews in the 1920s and
1930s," Imam Abdullah Antepli, Muslim chaplain at Duke
University,
told the New York Times. Yes, we all recall
the Jewish suicide bombers of that period, as we recall
the Jewish yells for holy war, the Jewish demands for
the veiling of women and the stoning of homosexuals, and
the Jewish burning of newspapers that published cartoons
they did not like. What is needed from the supporters of
this very confident faith is more self-criticism and
less self-pity and self-righteousness.
Those who wish that there would be no mosques in
America have already lost the argument: Globalization,
no less than the promise of American liberty, mandates
that the United States will have a Muslim population of
some size. The only question, then, is what kind, or
rather kinds, of Islam it will follow. There's an
excellent chance of a healthy pluralist outcome, but
it's very unlikely that this can happen unless, as with
their predecessors on these shores, Muslims are
compelled to abandon certain presumptions that are
exclusive to themselves. The taming and domestication of
religion is one of the unceasing chores of civilization.
Those who pretend that we can skip this stage in the
present case are deluding themselves and asking for
trouble not just in the future but in the immediate
present.
http://www.cbn.com/cbnnews
'Islamization' of Paris a Warning to the West
PARIS - Friday in Paris. A hidden camera shows
streets blocked by huge crowds of Muslim worshippers and
enforced by a private security force.
This is all illegal in France: the public worship,
the blocked streets, and the private security. But the
police have been ordered not to intervene.
It shows that even though some in the French
government want to get tough with Muslims and ban the
burqa, other parts of the French government continue to
give Islam a privileged status.
An ordinary French citizen who has been watching the
Islamization of Paris decided that the world needed to
see what was happening to his city. He used a hidden
camera to start
posting videos on YouTube. His life has been
threatened and so he uses the alias of "Maxime Lepante.
"
Lepante's View
His camera shows that Muslims "are blocking the
streets with barriers. They are praying on the ground.
And the inhabitants of this district cannot leave their
homes, nor go into their homes during those prayers."
"The Muslims taking over those streets do not have
any authorization. They do not go to the police
headquarters, so it's completely illegal," he says.
The Muslims in the street have been granted
unofficial rights that no Christian group is likely to
get under France's Laicite', or secularism law.
"It says people have the right to share any belief
they want, any religion," Lepante explained. "But they
have to practice at home or in the mosque, synagogues,
churches and so on."
Some say Muslims must pray in the street because they
need a larger mosque. But Lepante has observed cars
coming from other parts of Paris, and he believes it is
a weekly display of growing Muslim power.
"They are coming there to show that they can take
over some French streets to show that they can conquer a
part of the French territory," he said.
http://www.businessinsider.com/
2. What We Learned and Didn’t Learn From the
Great Depression of the 1930s
This time around, policymakers had knowledge their
counterparts didn’t have in 1929; they knew they could
avoid immediate financial calamity by flooding the
economy with money. But, paradoxically, averting another
Great Depression-like calamity removed political
pressure for more fundamental reform. We’re left instead
with a long and seemingly endless Great Jobs Recession.
THE Great Depression and its aftermath demonstrate
that there is only one way back to full recovery:
through more widely shared prosperity. In the 1930s, the
American economy was completely restructured. New Deal
measures — Social Security, a 40-hour work week with
time-and-a-half overtime, unemployment insurance, the
right to form unions and bargain collectively, the
minimum wage — leveled the playing field.
In the decades after World War II, legislation like
the G.I. Bill, a vast expansion of public higher
education and civil rights and voting rights laws
further reduced economic inequality. Much of this was
paid for with a 70 percent to 90 percent marginal income
tax on the highest incomes. And as America’s middle
class shared more of the economy’s gains, it was able to
buy more of the goods and services the economy could
provide. The result: rapid growth and more jobs.
By contrast, little has been done since 2008 to widen
the circle of prosperity. Health-care reform is an
important step forward but it’s not nearly enough.
http://online.wsj.com
But divide and rule cannot be our only policy.
We need to recognize the extent
to which the advance of radical Islam is the result of
an active propaganda campaign. According to a CIA report
written in 2003, the Saudis invested at least $2 billion
a year over a 30-year period to spread their brand of
fundamentalist Islam. The Western response in promoting
our own civilization was negligible.
Our civilization is not indestructible: It needs to
be actively defended. This was perhaps Huntington's most
important insight. The first step towards winning this
clash of civilizations is to understand how the other
side is waging it—and to rid ourselves of the One World
illusion.
http://www.salon.com/
Other highlights: Marianne claims, among other
things, that Gingrich started
dating his first wife, his high school geometry teacher,
when he was 16 -- not 18, as he has said.
--
http://blogs.alternet.org
Massive Censorship Of Digg Uncovered
A group of influential conservative members of the
behemoth social media site Digg.com have just been
caught red-handed in a widespread campaign of
censorship, having multiple accounts, upvote padding,
and deliberately trying to ban progressives. An
undercover investigation has exposed this effort, which
has been in action for more than one year.
“The more liberal stories that were buried the better
chance conservative stories have to get to the front
page. I’ll continue to bury their submissions until they
change their ways and become conservatives.”
-phoenixtx (aka vrayz)
Digg.com is the powerhouse of social media websites. It
is ranked 50th among US websites by Alexa (117th in the
world), by far the most influential social media site.
It reached one million users in 2007 and likely has more
than tripled that by this point. Digg generates around
25 million page views per month, over one third of the
page views of the NY Times. Front page stories regularly
overwhelm and temporarily shut down websites in a
process called the “Digg Effect.”
The concept behind the site is simple. Submitted
webpages (news, videos, or images) can be voted up
(digging) or down (burying) by each user, sort of a
democracy in the internet model. If an article gets
enough diggs, it leaves the upcoming section and reaches
the front page where most users spend their time, and
can generate thousands of page views.
This model also made it very susceptible to external
gaming whereby users from certain groups attempt to push
their viewpoint or articles to the front page to give
them traction. This was evident with the daily spamming
of the upcoming Political section with white supremacist
material from the British National Party (articles which
rarely reached the front page). The inverse of this
effect is more devastating however. Bury brigades could
effectively remove stories from the upcoming sections by
collectively burying them.
One bury brigade in particular is a conservative group
that has become so organized and influential that they
are able to bury over 90% of the articles by certain
users and websites submitted within 1-3 hours,
regardless of subject material. Literally thousands of
stories have already been artificially removed from Digg
due to this group. When a story is buried, it is removed
from the upcoming section (where it is usually at for
~24 hours) and cannot reach the front page, so by doing
this, this one group is removing the ability of the
community as a whole to judge the merits or interest of
these stories on their own (in essence: censoring
content). This group is known as the Digg “Patriots”.
A group of nearly one hundred conservatives have banded
together on a Yahoo Group called
Digg Patriots (DP), and a companion site at
coRanks to issue bury orders and discuss strategies to
censor Digg and other social media websites. DP was
founded on 21 May 2009. Since then, over 40,000 posts
have been logged at a steady rate of around 3000-4000
per month. The “Patriots” Network on coRank is a tool to
submit Diggs to a group list as opposed to sending an
e-mail every time. It also has some tools that make
submitting to the list as easy as clicking on a
bookmark.
The ring leader of the
group is Bettverboten, who issues multiple digg and bury
orders everyday. She is a Digg power user who has dugg
70,000 articles and has 1500 submits of her own (18%
have gone popular) in one short year on the site. She
was previously known as Lizbett before her lifetime ban
for offensive and inappropriate comments, and has two
sleeper accounts waiting if she gets banned again at
loquaciouslola and MsBoop. She is also on Twitter,
although her primary focus is Digg, where she has
acquired a huge following of power users who are likely
unaware that she is gaming the system, and even calling
to bury some of her mutuals.
The other primary members responsible for cheating are
CaptCarrot, ChronicColonic, emmersonbiggins (rjwusa),
SadLisa (mollydog), Janinco, allisonrose870, asami21,
Benthedog, JeremiahLaments (RightWingAttila),
libertyalways, phoenixtx, pray4sneaux, quirkopatra,
raggsat98, Ramfire98, and ThePartystar. Digg and bury
orders are issued multiple times everyday, with most of
the members blindly following without question.
The list above is truncated from the larger membership,
some of which are inactive. Not every member listed has
admitted to violating the Digg Terms of Service in
public either, although most are guilty of some abuse or
another. This group is the heart of a complicated web on
various networks, including Twitter, Propeller,
StumbleUpon, YouTube, and Facebook, all dedicated to
ramming an extreme right wing viewpoint down the throats
of those communities and censoring opposing viewpoints.
This includes such means as cyber stalking, bullying,
and terror, as exposed on YouTube yesterday (something
not one of the DP group condemned). Not surprisingly,
there is also a heavy contingent active on the
ultraconservative FreeRepublic.
There are a few differences of opinion within DP,
although for the most part, they are extremely similar
in perspective. They hate Obama. They hate progressives.
They hate the UN, diplomacy, and peace/disarmament
efforts. They hate reforms of health care, Wall St., and
immigration. They hate science, in fact many are
creationists, and some even blog about it. They hate the
secular nature of our nation. They hate environmental
protection, requiring polluters to be responsible for
their own cleanup, and especially hate climate efforts.
They hate unions and any attempt to level the playing
field to give all Americans economic opportunities. They
hate the government, except the military-industrial
complex. They hate abortion rights. They hate public
schools and really hate higher education. They hate
anyone in the media except far right personalities like
Glenn Beck, Rush Limbaugh, and Michelle Malkin. They
hate anyone who doesn’t think Obama is a secret islamist
and/or marxist who was born in Kenya. They just love to
hate.
Although this is a fringe group of Teabagging wingnuts,
many well established figures in the Digg community are
also present, such as BalancingAct, EMFK, Janinco,
mikeinto, and spindig. 10 members have been part of Digg
since 2005-2006, with 43 having their current account
there for over 2 years. 19 are in the top 500 all time
users as ranked by Social Blade, including 3 in the top
100. They have submitted over 30,000 articles, and dugg
over 1,000,000 submits collectively. They regularly
front page material, yet have some paranoid delusion
that the Digg admins are part of some conspiracy to
censor them, not once recognizing the blatant hypocrisy
of their organized censorship doing that very thing.
8/3/2010 10:31 AM
http://skymania.com/wp/2009/09/record-sunstorm-will-spell-disaster.html
A spectacular explosion on the Sun
that rocked the Earth 150 years ago this week could
threaten the lives of tens of millions of people if it
happened again today.
The solar storm in September 1859 gave the Earth the
mother of all buffetings. A worldwide aurora turned
night into day.
Telegraph operators were knocked out or shocked as
sparks and flames leapt from their wires in a huge
electrical surge.
But in today’s technology-dependent world, a similar
event could bring down civilization in the biggest
disaster ever to hit mankind.
More havoc would be wreaked than in an asteroid impact,
say experts. And humans would face doom as power and
communications grids around the globe were destroyed by
the event, preventing the production and supply of food,
water and medicines.
A British amateur astronomer, Richard Carrington, 33,
witnessed the start of the storm that battered the Earth
150 years ago. He was sketching a giant blotch on the
sun called a sunspot from near Redhill, Surrey, on
September 1 when two dazzling beads of light appeared
above it. They were the first observed solar flares.
They faded within minutes. But the next eight days the
night skies all around the globe were filled with
dazzling red, green and purple auroras. They are usually
just seen near the poles.
They were caused by a billion tons of highly charged
gas, called plasma, that battered the Earth after racing
93 million miles from the Sun at more than five million
miles an hour. Smaller eruptions have been photographed
by spacecraft such NASA’s as Stereo.
Our planet’s natural shield, its magnetic field,
protected humans from the deadly radiation in 1859 by
deflecting it around the magnetic poles. But the massive
electrical charge knocked out the Victorian equivalent
of the internet, by sending telegraph systems haywire.
Operators shocked by the surge quickly disconnected
batteries that powered the telegraph network. But they
found it kept working thanks to the power from the
aurora.
The next time a perfect solar storm on the same scale is
aimed at Earth, the result will be devastating – and
much more so for the developed world than for poor
countries.
Eight minutes after the flare – called a coronal mass
ejection or CME – happens, a pulse of X-rays will cause
huge disruption to radio communications. Then, 18 to 36
hours later, we will feel the full impact of space
weather with the arrival of superheated gas called
plasma from the Sun.
Satellites on which we rely for communications will have
their electronics fried, causing £40 billion damage in
space. Astronauts on the space station or space tourists
will die from massive doses of radiation.
Then power grids around the world will be destroyed as
transformers melt, beyond repair. It will take many
months or years to replace them. A NASA report says the
blackouts would cause more than a trillion pounds worth
of damage to the US economy alone.
British scientist Dr Stuart Clark is a solar expert who
has written a gripping book about the 1859 solar storm
and Richard Carrington called The Sun Kings . He told
Skymania News: “These ejections from the Sun are huge.
They can contain a billion tons of matter – smashed up
atoms carrying vast quantities of electrical and
magnetic energy – and that’s what can do the damage. It
will short out satellites vital for communications and
GPS, turning them into useless junk.
“The space station does not have sufficient shielding. A
Carrington-sized flare would be unsurvivable.”
Dr Clark added: “The impact on power grids is the most
dangerous effect. Another 1859-sized flare could take
out power transformers right across the United States,
at which point you have the biggest natural disaster
possible. You can’t replace these transformers quickly.
So you face weeks, months or potentially even years
without proper power supplies.
“The ripple effect from that is colossal. Without power
you can’t pump fuel so you can’t drive food to the
supermarkets. You can’t pump water to homes or handle
sewage. With no power, there is no communication, no way
for the Government to pass on information or advice. And
even if you think about back-up generators, in places
like hospitals, the petrol they need is not going to
last longer than a couple of days. Millions will die.
“You could see society collapse and a complete breakdown
in law and order. Nowhere is safe from a
Carrington-sized flare. This is much more threatening
than an asteroid impact and it is much more likely than
an asteroid.”
Dr Clark said that much less powerful space weather had
already given an indication of the havoc that would be
created. “In 1989 north-eastern Canada was knocked out
by a solar storm. The region went from normal operations
to a completely melted transformer in 90 seconds,
cutting power to six million people. Repairs took
months.
“Another series of storms battered the Earth around
Halloween in 2003. At least two satellites were wrecked
and 60 per cent of NASA satellites malfunctioned in some
way.
“During that battering, they moved aircraft away from
the magnetic poles. The main reason was to avoid
communications blackouts, but they were also concerned
about radiation levels in passenger jets.”
Scientists have found a tree-ring like record in the
Arctic ice of how solar activity has affected Earth.
They estimate that a solar event like that of 1859
happens twice in a thousand years. But there is nothing
to say it won’t happen next week.
And Dr Clark says that a general decline in the sun’s
level of activity is creating conditions like those
around the time that Carrington observed his fantastic
flare.
He said: “Hopefully, with space telescopes observing the
Sun, it mean we won’t be taken by surprise and will see
a storm coming. But get it wrong and we’ll have hardly
any time to take action and the damage will be done.
“The individual can literally do nothing to protect
himself apart from get in some tins of beans and
candles. And the only thing we can do to protect power
stations is to turn them off.
“If you see one of these things coming and decide it is
big enough, turn the power off. That means people will
die, there will be accidents, but it is the only sure
fire way to proect the power stations.
“But there is no chain of command, no structure for
deciding when to turn the power off. And we have no idea
when disaster will strike.”
http://www.nytimes.com/
Author Whose Bookstore Is the No. 2 (or 4, or 5)
Randy Kearse stepped onto a southbound No. 2 train in
Harlem and scanned the crowd, trying to figure out who
might be in a buying mood. He strode across the car,
pressed his back against the steel doors and cleared his
throat: Showtime.
“Excuse me, ladies and gentleman,” he called out.
“I am not begging, borrowing or asking for your food.
I don’t represent the homeless, I’m not selling candy or
selling bootleg DVDs,” he said, then paused. “I write
books.”
A few passengers looked on curiously. Others stared
at their hands, at their shoes or at nothing in
particular, just not up at Mr. Kearse. He could
practically read their minds: Uh-oh — here we go again.
But in a city weary of the relentless, and illegal,
subway pitch for money — the emotional spiel, the hand
or cup offered from seat to seat — Mr. Kearse is
something of a subway sales impresario.
With little or no marketing muscle behind him, Mr.
Kearse said he had sold some 14,000 copies of his
self-published books in the last three years, at $10
each, mostly through hand-to-hand sales.
He has also sold about 4,000 copies of a 750-page,
10,000-entry dictionary of urban slang terms, “Street
Talk,” through Barricade Books of Fort Lee, N.J., the
publisher said.
Most novice authors would be lucky to sell that many
books through traditional and online stores. Mr. Kearse
seems to have reached those numbers largely on his own
hustle.
“My quota is 35 books a day,” Mr. Kearse said. “If I
don’t hit that number, I’m staying out until I do.
Overtime.”
Mr. Kearse does it with a well-designed pitch and a
salesman’s instinct for closing the deal. But he also
has a product that people seem to want.
“This book is about my life, my experiences, the
lessons that I’ve learned from the mistakes that I’ve
made,” he said, “mistakes that sent me to prison for 13
and a half years.”
Mr. Kearse, 45, went from hustling crack cocaine as
head of a multistate crew, to federal prison, to author
and urban self-help guru who not only writes books about
his experiences but also mentors children, crooks,
prisoners and their families on the perils of the
criminal life. Or as one of his titles suggests, he has
gone from “Incarceration to Incorporation.”
Plenty of authors have emerged from prison with
manuscripts. Some even get them published. But instead
of fictional tales of sex, money and murder — the stuff
of the booming “street lit” genre — Mr. Kearse has
assembled step-by-step guides to going legit, or
“Changin’ Your Game Plan: How to Use Incarceration as a
Stepping Stone for Success” — another of his titles.
That book, and his overall message of redemption,
landed him on “The
Colbert Report” in 2007, where he held his own in
banter with the host over whether inmates should ever be
returned to society.
The market for his message is the subway system, the
trains that run through Harlem and the South Bronx. His
target demographics, he said, are black and Hispanic
passengers from the neighborhoods he once flooded with
drugs.
On one recent outing, in an hour Mr. Kearse sold
about 10 books. Two buyers asked that he autograph the
books for a brother or boyfriend in prison. Another
bought a copy for a grandson. One young man gripped Mr.
Kearse’s hand tightly, said that he had read the book
and thanked him.
“What I’m doing now is the same thing, same concept,
as when I was hustling; it was just illegal business
that I was doing then,” Mr. Kearse said. (New York City
Transit also prohibits selling or panhandling on the
subway.)
“I try to show people how to use your natural
instincts, the same grind,” he said.
Over lunch in Harlem, he described the science of the
subway sale:
A sparsely populated train is better than a
packed one; it’s easier to work the crowd.
The cars on the No. 3 train are too loud; you’ll
have to yell; it’s very unprofessional.
The A and J trains are too big, with too much
ground to cover; intimacy is important.
The Nos. 2, 5 and 4 trains through Harlem are the
best: the right audience, smaller cars, and long
relatively quiet stretches to make his pitch.
Mr. Kearse said the sales provided him with enough
income to cover his bills and pay the rent on his
apartment in the Bronx, as well as to help out his five
children, ages 20 to 23.
But he said what really motivated him to roll his bag
of books around every day was the chance to influence
lives.
“A guy wrote me a while back and asked, in respect to
all the damage that I’ve done, that I’ve left behind, if
I think doing good things now changes any of that,” Mr.
Kearse said. “You know, I don’t know if I have an answer
for that.”
Mr. Kearse, a 10th grade dropout, said he had built a
name for himself on the streets, first locking down the
drug trade in a public housing complex in the city, then
in North Carolina by setting up a crew of 40 to 50
workers that distributed for him in five cities.
He was indicted on charges of moving more than 50
kilograms of cocaine over two years, he said —
allegations he does not dispute.
Since he left prison in 2005, his record has been
clean.
“The difference in what I’m doing now is there’s no
stress as far as worrying about what the future’s going
to be like. Am I going to jail one minute? Am I going to
be killed another minute?” he said. “I can stand behind
what I’m doing and not feel like I have to hide things.”
One afternoon, arms stretched wide and a book in each
hand, he waited for at least a few passengers on a No. 2
train to smile and nod, buying into what he was trying
to sell. Thirteen down, 22 books to go.
7/9/2010 5:40 PM
http://www.boingboing.net
PERIODIC TABLE OF SWEARING
6/28/2010 5:05 AM
http://online.wsj.com/
The Feuding Fathers
Americans lament the partisan venom of today's
politics, but for sheer verbal savagery, the country's
founders were in a league of their own. Ron Chernow on
the Revolutionary origins of divisive discourse.
http://finance.yahoo.com
Think the Gulf Spill Is Bad? Wait Until the Next
Disaster
Financial Bombs
The subprime disaster was a result of financial bombs
-- derivatives -- exploding in financial institutions
such as AIG and Lehman Brothers, as well as banks and
financial institution throughout the world. After the
bombs AIG manufactured exploded, AIG received $181
billion in taxpayer funding and immediately sent $11.9
billion to France’s Societe Generale, $11.8 to Deutsche
Bank, and $8.5 billion to Barclays Bank of Britain. U.S.
taxpayer money was going to bail out banks around the
world. During the last three months of 2008, AIG was
losing more than $27 million an hour. That is how
powerful these derivatives can be. The problem I see is
this: There are many more such bombs still sitting in
balance sheets all over the world.
Military bombs are classified by weight such as 500,
750, and 1,000 pounds, while financial bombs have
interesting labels such as CDO (collateralized debt
obligations), ABS (asset backed securities), and CDS
(credit default swaps). While they sound exotic and
sophisticated, when put in everyday language, a CDO is
simply debt sold as an asset. And CDS, or swaps, are
simply a form of insurance. Since the insurance
industry is strictly regulated and the bomb factories
producing CDS did not want to comply with insurance
industry regulations, they simply called them “swaps,”
rather than insurance.
To make matters worse, rating agencies such as
Moody’s and S&P (and even Fed Chairman Alan Greenspan)
blessed these financial bombs as safe, sound, and good
for you. It was almost as good as the pope blessing
these products. In 2007 the subprime boom busted, and we
know what happened from there.
The problem is that approximately $700 trillion of
these financial time bombs are still in the system.
While people watch the BP disaster in the Gulf, few
people are aware of the other BP -- the financial bomb
production -- that is still going on. If this derivative
market begins to collapse, we will see another disaster.
Most of us know there is not enough money in the
world to fully clean up the Gulf. The same is true with
the $700 trillion derivatives market. If just 1% of the
$700 trillion derivatives market goes bust, that is a $7
trillion disaster. The entire U.S. economy is only $14
trillion annually. A 10% failure, equating to $70
trillion, would probably bring down the world economy.
As with the BP Gulf disaster, there is not enough money
in the world to clean up the next disaster.
6/25/2010 7:11 AM
http://finance.yahoo.com/
Gail Neal worked for 12 years placing
laid-off workers in new jobs before she got her own
pink slip in March 2008. That September, she found a
commission-only job selling cemetery plots, an industry
she thought would be recession-proof. She was wrong.
"With the economy the way it was, people were doing
direct cremations," she says. She persisted for more
than a year before launching a new job search.
At a networking event, she heard
about an ad sales job at a Detroit radio station. She
sent a cover letter and one-page resume in a pretty,
invitation-sized envelope with a gold sticker, which got
the manager's attention. She was hired a few weeks
later.
"I'd worked in job placement
for long time but did the same thing everyone else does
-- sent out a plain resume based on knowledge of a job
opening and made phone calls," she says. "I didn't stand
out. The competition is such in this area that you've
got to do something very different."
Doing something very different seems to be the name
of the game in
a job market in which unemployment remains stubbornly
high. Nearly a quarter of
hiring managers say they are seeing unique tactics by
candidates -- up from 12 percent in 2008, according to a
recent survey by CareerBuilder.com.
Coffee-Cup Creativity
Sometimes these gimmicks work:
One in 10 managers surveyed said
they have hired someone who used an unusual stunt to get
their attention. Consider
Alec Brownstein, the
29-year-old advertising copyrighter who got a job by
targeting the names of a few creative directors he
wanted to hire him, and paying $6 for a Google ad that
would appear when those individuals Googled themselves.
It read: "Hey, Googling yourself is a lot of fun. Hiring
me is fun, too" and linked back to his Web site.
"I thought it was brilliant,"
says David Perry, managing partner of Perry Martell, an
executive search firm in Ontario, Canada. "But he did
something that most people who are job hunters don't do
-- he had focus. When looking for a job, you need to
know who you want to work for and
what you want to do,
and that means spending the time to identify and
research your top 20 employers instead of going to the
job boards to click and apply all day long."
Jeff Donaldson, a former Chrysler engineer with two
decades of experience, worked with Perry on "extreme
networking" after taking a buyout from the automaker
last summer.
"The technique that paid off
was writing a smart letter in email and snail-mail
form," Donaldson says. "I chose 20 people I was friendly
with who might be in a position to help me, including
people who owned their own companies and executives that
I had worked with who would be in a position to affect
the decisions of others. I asked them to forward the
letter if they knew of somebody who might be in a
position to help -- trying to grow exponentially the
number of people who knew I was looking for a job. I
expected most people to set it aside and shrug their
shoulders, but what I found was they were more than
happy to help."
Six weeks later, Donaldson found a three-month
contract job in his field, which has been renewed
several times. "You can't do
what everyone else is doing and expect they are going to
find you, even if you are the most qualified candidate,"
he says.
Perry's firm also
assisted a Pennsylvania banker who was laid off after
three decades with the same firm. He had sent out 1,500
resumes and landed just three interviews and no offers.
Perry suggested the client focus
on a dozen companies, and find and contact former
employees through LinkedIn or Facebook, letting them
know he was interested in working for the firm and
asking if they would be willing to discuss its issues
and challenges.
The
banker then crafted a cover letter outlining how he had
solved similar issues in his career, and sent it with a
one-page resume in a Starbucks coffee cup through Fedex,
so the target would have to sign for it. Within 30
minutes of receiving delivery confirmation by email, the
banker called and asked if the recipient would meet him
for coffee to talk about how he could help the company.
"The
whole point is to get them to agree to have coffee, not
an interview," Perry says. "An interview request
automatically makes the (recipient) uncomfortable
because there's an expectation of a job offer." The
banker sent the coffee cup to 10 companies, got eight
interviews and six offers in five weeks.
Knowing the Limits
Other career experts warn that extreme gimmicks can
backfire. "There are bad ways to get noticed and good
ways to get noticed," says Cynthia Shapiro, career
strategist and author of "What Does Somebody Have to Do
to Get a Job Around Here: 44 Insider Secrets."
In her book she notes some flops -- resumes on pink
paper; singing telegrams with lyrics about the
candidate's qualifications; a resume tied to a bottle of
champagne; and even a job seeker who sent his resume by
homing pigeon.
"The number one thing in this
economy is to look confident, and you can't look
confident by sending singing telegrams," Shapiro
says. "A hiring manager's job is
on the line every time they recommend someone.
I'm a laughingstock if I bring the singing telegram guy
in for an interview. If he's that desperate I'm going to
assume he's unemployable."
She suggests job seekers post articles on a LinkedIn
group frequented by potential employers, or volunteer
for the board of an industry association. "If someone
sees your face or name in a professional capacity,
that's great way to get noticed," she says.
Moreover, attention-getting stunts may also distract
a job seeker from focusing on the hard work of
networking, says John Challenger, chief executive
officer of Chicago-based outplacement firm Challenger
Gray & Christmas.
"People can spend a lot of
time trying to stand out when all the needles in the
haystack look the same -- rather than focus on
constantly going out and seeing people,"
Challenger says. "Nobody wants
to do that. You get rejected all day long. It's a lot
more fun to sit around and come up with something really
inventive or creative. But you have to realize you're
not going to find your job by getting into that
haystack. You find jobs through other people."
Once Gail Neal got her foot
in the door at the radio station, she focused on ways to
add value. Neal noticed the station had numerous
advertisers in the security category -- alarms, gun
stores, surveillance-equipment companies. One afternoon
while doing laundry, she got on her cell phone and
cold-called firms in the security business, asking if
they had ever considered radio advertising.
"I kept dialing until I found
three businesses who agreed to appointments," she says.
She brought the leads to the second interview, which
sealed the deal.
Seven months later, Neal is creating events,
promotions and other new sources of revenue, along with
selling "plain vanilla commercials," she says.
"You've got to do something that
makes you stand out and show you can shine." For
more job-hunting tips, see my blog.
6/16/2010 6:42 AM
http://www.telegraph.co.uk
Nasa warns solar flares from 'huge space storm' will
cause devastation
Britain could face widespread power blackouts and be
left without critical communication signals for long
periods of time, after the earth is hit by a
once-in-a-generation “space storm”, Nasa has warned.
National power grids could overheat and air travel
severely disrupted while electronic items, navigation
devices and major satellites could stop working after
the Sun reaches its maximum power in a few years.
Senior space agency scientists believe the Earth will
be hit with unprecedented levels of magnetic energy from
solar flares after the Sun wakes “from a deep slumber”
sometime around 2013, The Daily Telegraph can disclose.
In a new warning, Nasa said the super storm would hit
like “a bolt of lightning” and could cause catastrophic
consequences for the world’s health, emergency services
and national security unless precautions are taken.
Scientists believe it could damage everything from
emergency services’ systems, hospital equipment, banking
systems and air traffic control devices, through to
“everyday” items such as home computers, iPods and Sat
Navs.
Due to humans’ heavy reliance on electronic devices,
which are sensitive to magnetic energy, the storm could
leave a multi-billion pound damage bill and “potentially
devastating” problems for governments.
“We know it is coming but we don’t know how bad it is
going to be,” Dr Richard Fisher, the
director of Nasa's Heliophysics division, said in an
interview with The Daily Telegraph.
“It will disrupt communication devices such as
satellites and car navigations, air travel, the banking
system, our computers, everything that is electronic. It
will cause major problems for the world.
“Large areas will be without electricity power and to
repair that damage will be hard as that takes time.”
Dr Fisher added: “Systems will just not work. The
flares change the magnetic field on the earth that is
rapid and like a lightning bolt. That is the solar
affect.”
A
“space weather” conference in Washington DC last
week, attended by Nasa scientists,
policy-makers, researchers and government officials, was
told of similar warnings.
While scientists have previously told of the dangers
of the storm, Dr Fisher’s comments are the most
comprehensive warnings from Nasa to date.
Dr Fisher, 69, said the storm, which will cause the
Sun to reach temperatures of more than 10,000 F (5500C),
occurred only a few times over a person’s life.
Every 22 years the Sun’s magnetic energy cycle peaks
while the number of sun spots – or flares – hits a
maximum level every 11 years.
Dr Fisher, a Nasa scientist for 20 years,
said these two events would combine in 2013 to produce
huge levels of radiation.
He said large swathes of the world could face being
without power for several months, although he admitted
that was unlikely.
A more likely scenario was that large areas,
including northern Europe and Britain which have
“fragile” power grids, would be without power and access
to electronic devices for hours, possibly even days.
He said preparations were similar to those in a
hurricane season, where authorities knew a problem was
imminent but did not know how serious it would be.
“I think the issue is now that modern society is so
dependant on electronics, mobile phones and satellites,
much more so than the last time this occurred,” he said.
“There is a severe economic impact from this. We take
it very seriously. The economic impact could be like a
large, major hurricane or storm.”
The National Academy of Sciences warned two years ago
that power grids, GPS navigation, air travel, financial
services and emergency radio communications could “all
be knocked out by intense solar activity”.
It warned a powerful solar storm could cause “twenty
times more economic damage than Hurricane Katrina”. That
storm devastated New Orleans in 2005 and left an
estimated damage bill of more than $125bn (£85bn).
Dr Fisher said precautions could be taken including
creating back up systems for hospitals and power grids
and allow development on satellite “safe modes”.
“If you know that a hazard is coming … and you have
time enough to prepare and take precautions, then you
can avoid trouble,” he added.
His division, a department of the Science Mission
Directorate at Nasa headquarters in Washington DC, which
investigates the Sun’s influence on the earth, uses
dozens of satellites to study the threat.
The government has said it was aware of the threat
and “contingency plans were in place” to cope with the
fall out from such a storm.
These included allowing for certain transformers at
the edge of the National Grid to be temporarily switched
off and to improve voltage levels throughout the
network.
The National Risk Register, established in 2008 to
identify different dangers to Britain, also has
“comprehensive” plans on how to handle a complete outage
of electricity supplies.
http://online.wsj.com
Pelosi's Loss Could Be Obama's Gain
A pivot to the center (and re-election) would be
easier without the House speaker.
Over the past 50 years, it should be no surprise
which president has the best record for holding down
discretionary spending. It was President Reagan. But who
was second best? President Clinton, a Democrat. His
record of frugality was better than Presidents Nixon,
Ford and both Bushes. Mr. Clinton couldn't have done it
if Republicans hadn't won the House and Senate in the
1994 election. They insisted on substantial cuts, he
went along and then whistled his way to an easy
re-election in 1996.
For Mr. Obama, serious spending cuts are the only
sensible means of dealing with a potential debt crisis
or at least an unsustainable fiscal situation. However,
he may not be able to rely on reductions in military
spending, as liberal Democrats usually prefer. Mr. Obama
has already included deep defense cuts in his budget,
and Republicans are unlikely to go along with even
deeper cuts.
Mrs. Pelosi won't be any help. She's committed to
enacting the Democratic Party's entire liberal agenda,
and next to the president she is the most powerful
person in Washington. When the president flirted with
scaling back his health-care bill last January, Ms.
Pelosi stiffened his spine, and the bill passed. As long
as she is House speaker, bucking her would be painful,
especially if Mr. Obama proposes to eliminate a chunk of
the spending she was instrumental in passing in 2009 and
2010.
But if Republicans win the House, everything changes.
Mrs. Pelosi's influence as minority leader would be
minimal—that is, assuming she's not ousted by Democrats
upset over losing the majority.
Mr. Obama would be in a position to make his
long-awaited pivot to the center. With Republicans in
charge, he'd have to be bipartisan. He'd surely have to
accede to serious cuts in spending—even as he complains
they are harsh and mean-spirited. Mr. Obama could play a
double game, appeasing Democrats by criticizing the cuts
and getting credit with everyone else by acquiescing to
them.
Mr. Clinton did this brilliantly in 1996. He fought
with Republicans over the budget, winning some battles,
losing others, as he lurched to the center. He twice
vetoed Republican welfare reform bills, then signed a
similar measure. He was hailed as the president who
overhauled the unpopular welfare system.
In recent months, the president has met repeatedly
with Mr. Clinton. We can only guess what they talked
about. But given Mr. Clinton's own experience, I suspect
he suggested to Mr. Obama that Republicans could be the
answer to his political prayers. In 1994, Republicans
freed the president from the clutches of liberal
Democratic leaders in Congress. In 2010, they can do it
again.
6/6/2010 10:16 PM
http://www.morningstaronline.co.uk
The 'other' spill BP will be keeping quiet
With the Gulf Coast dying of oil poisoning, there's
no space in the press for British Petroleum's most
recent spill.
Just last week over 100,000 gallons were lost at its
Alaska pipeline operation. A hundred thousand used to be
a lot. It still is.
Last Tuesday, Pump Station 9, at Delta Junction on
the 800-mile pipeline, busted. Thousands of barrels
began spewing an explosive cocktail of hydrocarbons
after "procedures weren't properly implemented" by BP
operators, say state inspectors.
"Procedures weren't properly
implemented" is, it seems, BP's company motto.
Few in the US know that BP owns the controlling stake
in the transalaska pipeline. Unlike with the Deepwater
Horizon rig, BP keeps its name off the big pipe.
There's another reason for the company to keep its
name off the pipe - its management of it stinks. The
pipe is corroded, undermanned and "basic maintenance" is
a term BP has never heard of.
How does BP get away with it?
The same way the Godfather got away with it, bad things
happen to folks who blow the whistle. BP has a habit of
hunting down and destroying the careers of those who
warn of pipeline problems.
In one case, BP's CEO of
Alaskan operations hired a former CIA expert to break
into the home of whistleblower Chuck Hamel, who had
complained of conditions at the pipe's tanker facility.
BP tapped his phone calls
with a US congressman and ran a surveillance and smear
campaign against him. When caught, a US federal judge
said BP's acts were "reminiscent of nazi Germany."
This was not an isolated
case. Captain James Woodle, once in charge of the pipe's
Valdez terminus, was blackmailed into resigning from the
post when he complained of disastrous conditions there.
The weapon used on Woodle was a file of faked evidence
of marital infidelity. Nice guys, eh?
Two decades ago, I had the
unhappy job of leading an investigation of British
Petroleum's management of the Alaska pipeline system. I
was working for the Chugach villages, the Alaskan
natives who own the shoreline slimed by the 1989 Exxon
Valdez tanker grounding.
Even then, a courageous,
steel-eyed government inspector, Dan Lawn, was hollering
about corrosion all through the BP pipeline. I say
"courageous" because Lawn kept his job only because his
union's lawyers have kept BP from having his head.
It wasn't until 2006, 17
years later, that BP claimed to have suddenly discovered
corrosion necessitating an emergency shutdown of the
line.
It was pretty damn hard for
BP to claim surprise in August 2006 that corrosion
required shutting the pipeline. Five months earlier,
Lawn had written his umpteenth warning when he
identified corrosion as the cause of a big leak.
BP should have known about
the problem years before that - if only because it had
taped Dan Lawn's home phone calls.
I don't want readers to think BP is a British
marauder unconcerned about the US.
The company is deeply involved in US democracy. Bob
Malone, until last year the chairman of BP America, was
also Alaska State co-chairman of the Bush re-election
campaign.
Bush, in turn, was so impressed with BP's care of
Alaska's environment that he pushed again to open the
state's Arctic wildlife refuge to drilling by the BP
consortium.
You can go to Alaska today and see for yourself the
evidence of BP's care of the wilderness. You can smell
it - the crude oil is still on the beaches from the
Exxon Valdez spill.
Exxon took all the blame for the spill because it was
dumb enough to have the company's name on the ship.
But it was BP's pipeline managers who filed reports
that oil spill containment equipment was sitting right
at the site of the grounding near Bligh Island.
However the reports were bogus - the equipment wasn't
there and so the beaches were poisoned. At the time, our
investigators uncovered four-volumes worth of faked
safety reports and concluded that BP was at least as
culpable as Exxon for the 1,200 miles of oil-destroyed
coastline.
Nevertheless, we know BP cares about nature because
it has lots of photos of solar panels in its annual
reports - and it has painted every one of its gas
stations green.
The green paint job is supposed to represent the oil
giant's love of Mother Nature. But CEO Tony Hayward
knows it stands for the colour of the Yankee dollar.
In 2006, BP finally discovered the dangerous
corrosion in the pipeline after running a "smart pig"
through it. The "pig" is an electronic drone that BP
should have been using continuously, though it had not
done so for 14 years. Another "procedure not properly
implemented."
By not properly inspecting the pipeline for over a
decade, BP failed to prevent that March 2006 spill which
polluted Prudhoe Bay. And cheaping out on remote
controls for its oil well blow-out preventers appears to
have cost the lives of 11 men on the Deepwater Horizon.
But then failure to implement proper safety
procedures has saved BP not millions but billions of
dollars, suggesting that the company's pig is indeed,
very, very smart.
6/6/2010 2:55 AM
http://www.time.com
How Obama's Enemies May Give Him a Boost
The late, longtime New Yorker critic Pauline Kael was
said to have expressed confusion over Richard Nixon's
landslide re-election in 1972 — because no one she knew
had voted for him. To borrow that notion, conservatives
today imagine that everyone views the current occupant
of the White House as they do: Barack Obama is the worst
President ever. Conventional wisdom posits that this
potent right-wing, anti-Obama sentiment will diminish
the President's power — enough for Republicans to
vanquish Democrats in November, regain control of
Congress and weaken the incumbent for 2012.
But this myopia has been created within an electronic
cocoon of Fox News, talk radio, conservative websites
and rhetoric from Republican leaders, all passionately
reinforcing the message that the Obama Administration is
disastrous on a historic scale. It's a message that is
being transported as gamely by rank-and-file Republicans
as it is by erudite conservative columnists with
national readerships. (See 10 elections that changed
America.)
Of course, in this modern age of extreme polarization,
only one President these past 30 years (George H.W.
Bush, the père) has escaped the regular damning
hyperbole of "worst ever." But the condemnation of Obama
seems somewhat more extreme.
The blue-red divide, by almost every measure, has gotten
worse, and the ubiquity of electronic media spreads
intense political and cultural disdain in the blink of
an eye. The always enlightening Google reveals that
typing in "Obama worst president ever" yields 3.4
million results, vs. 1.8 million for "Bush worst
president ever" and 1.2 million for Clinton. That stat
seems representative of where we have arrived as a
nation and illustrative of the relationship between the
incumbent President and his critics. (See the top 10
political defections.)
Conservatives from the upper echelons of elected
officials in Washington and state capitals,
presidential-candidates-in-waiting such as Sarah Palin
and Mitt Romney, 2010 stars such as Rand Paul, and testy
Tea Party activists all believe they have an objective
case to rank Obama as 44th out of 44 Presidents. Not
only do they think his policies are misguided and out of
step with America's greatest traditions of individual
liberty and free enterprise, but they are convinced that
his relative lack of experience and youth confirm the
pre-election suspicions that he is not up to the job.
(Comment on this story.)
The times of crisis in which Obama has governed only
exacerbate the situation. It doesn't take a degree in
psychology to recognize the explanatory formula
"economic/environmental/international crises + search
for a scapegoat = widespread Obama hatred." And it is
evidence of how much matters have deteriorated that it's
impossible to imagine conservatives rallying around
Obama in the face of a new disaster, like the left did
(albeit briefly) after Sept. 11 for President George W.
Bush. Even if the President were to repel a Martian
invasion, the right's reaction would likely be the same
as it was after the Christmas Day bombing attempt, or
the failed Times Square attack, or the current oil
spill: denigration of Obama's competence, suspicion of
his motives and implicit (or explicit) hope for his
failure.
The experiences of Ronald Reagan and Bill Clinton are
instructive. Like Obama, they accomplished a fairly high
percentage of their campaign promises, even as their
enemies deemed them failures from those Presidents'
first days in office. Both Presidents benefited by
staying focused and on course, sidestepping the
increasingly hostile rhetoric thrown at them by their
foes. Clinton at times would explode, letting such
verbiage get his goat, but Reagan did not, and in that
sense, he is Obama's closer analogue. Obama has become
prickly at times during these past 16 months, but he is
more apt to brush off the barbs as proof positive that
the opposition is losing — and losing it.
In the run-up to the 2010 midterm elections, we have
already seen that the anti-Obama forces are expressing
their disagreements with the Administration in terms far
more personal than political, tinged with an apocalyptic
irrationality. The centrifugal force exerted on
conservative leaders toward the extreme wing of their
party is bound to lead to even more magnified rhetoric
in the next few years. The contrast between those
excessive attacks and Obama's famous cool will serve
him, and the Democrats, well.
Within the overheated conservative bubble there is
little room for discussions of serious policy
alternatives to deal with America's problems, reminders
that the country is typically drawn to optimistic
candidates (like Reagan and Obama) and weighty appeals
to the center of the electorate. If Obama is the worst
President ever, as conservatives seem to believe, why do
they need to say anything more than that to take control
of Congress and then get rid of him? But while the
conservatives' ultimate condemnation rallies their core
supporters and resonates with some centrist voters, over
time it is unlikely to produce a majority against the
Administration.
It can't be pleasant for Obama to be the subject of such
attacks. And solving the country's major problems in a
bipartisan fashion will be difficult under these
rancorous circumstances. But as long as those trying to
beat him are blind to the fact that tens of millions of
voting Americans think Obama is doing a fine job, this
President has a great ally in his enemies.
http://blog.hubspot.com/blog
The
Ultimate List: 100+ Twitter Statistics
--
6/4/2010 3:13 PM
http://www.businessinsider.com
70% of Twitter users are "dead" (empty accounts) or
"lazy" (haven't tweeted in a week)
In fact, well over 70% have never tweeted more than
9 times ever!
Over 60% have 5 or fewer followers
60% of Twitter users quit…lots of them after just a
month
People tweet on weekdays…
People tweet at work…
75% of Twitter traffic comes from outside
Twitter.com
63% of Twitter users only use it at their desktop
Twitter handles 600 million search queries per day,
though lots are automated
People use Twitter to link, chat, and say what they
are doing at the moment
39% of Twitter is not in English
Twitter is not for the kids
Twitter users make decent money
People retweet a lot on Fridays (and hardly at all
on Sundays)
Even more important than Twitter? Porn.
--
6/2/2010 7:12 AM
http://beta.thehindu.com/
Defiant
Israel vows to continue Gaza blockade
“It is our
duty to scrutinize each ship that approaches Gaza,” he
told a news conference in Jerusalem. “I want to clarify
to the citizens of the world what would happen if we
don’t do that: It would mean an Iranian port in Gaza, at
a distance of only a few dozen kilometres from Tel Aviv
and Jerusalem.” In Geneva, the United Nations Human
Rights Council passed a resolution condemning the
incident, calling for Israel to lift the blockade and
agreeing to send an “independent international
fact-finding mission” to investigate the raid.
--
6/1/2010 2:02 PM
http://online.wsj.com/article
The ECB's Bank Warning
What if national governments are their own systemic
risk?
The euro took another dive Tuesday, pushed down by a
warning from the European Central Bank's on the state of
European banks. The central message, couched as it is in
central-bank-speak about "hazardous contagion channels
and adverse feedback loops," is this: Europe's national
governments have become their own biggest systemic risk.
The ECB's Financial Stability Review is a
twice-yearly look at the condition of Europe's banking
sector. According to the report, European banks need to
roll over some €800 billion in long-term debt in the
next two and a half years, and to do so they'll have to
compete with European governments that last year
borrowed some €811 billion among them. This competition
for capital between the private and public domains could
drive up interest rates, or even lead to a liquidity
squeeze for the banks or the public fisc, or both.
The situation is made more dangerous by the rules on
how bank capital is calculated. Under regulatory capital
requirements, highly rated government debt owned by
banks is generally considered nearly risk free, giving
financial institutions a strong incentive to hold
sovereign debt. According to the Bank of International
Settlements, its member banks have some $2.1 trillion in
total exposure to European sovereign debt. So a
pan-European sovereign debt crisis would not only affect
the ability of European capitals to pay their bills. It
would pose a threat to the solvency of the private
banking system itself.
In the fall of 2008, the worry around the world was
that a crisis in bank solvency would drag down the
global economy. Today, the risk has shifted. A looming
crisis in national solvency could threaten the same
banks that Europe and the U.S. so recently saved. Only
this time, the lender of last resort could itself be
bankrupt. The ECB calls this "adverse feedback between
the financial sector and public finance." We call it a
recipe for disaster unless governments get their
finances under control.
--
5/31/2010 9:20 AM
http://www.nytimes.com
Drilling for Certainty
In the weeks since the Deepwater Horizon explosion, the
political debate has fallen into predictably partisan
and often puerile categories. Conservatives say this is
Obama’s Katrina. Liberals say the spill is proof the
government should have more control over industry.
But the real issue has to do with risk assessment. It
has to do with the bloody crossroads where complex
technical systems meet human psychology.
Over the past decades, we’ve come to depend on an
ever-expanding array of intricate high-tech systems.
These hardware and software systems are the guts of
financial markets, energy exploration, space
exploration, air travel, defense programs and modern
production plants.
These systems, which allow us to live as well as we do,
are too complex for any single person to understand. Yet
every day, individuals are asked to monitor the health
of these networks, weigh the risks of a system failure
and take appropriate measures to reduce those risks.
If there is one thing we’ve learned, it is that humans
are not great at measuring and responding to risk when
placed in situations too complicated to understand.
In the first place, people have trouble imagining how
small failings can combine to lead to catastrophic
disasters. At the Three Mile Island nuclear facility, a
series of small systems happened to fail at the same
time. It was the interplay between these seemingly minor
events that led to an unanticipated systemic crash.
Second, people have a tendency to get acclimated to
risk. As the physicist Richard Feynman wrote in a report
on the Challenger disaster, as years went by, NASA
officials got used to living with small failures. If
faulty O rings didn’t produce a catastrophe last time,
they probably won’t this time, they figured.
Feynman compared this to playing Russian roulette.
Success in the last round is not a good predictor of
success this time. Nonetheless, as things seemed to be
going well, people unconsciously adjust their definition
of acceptable risk.
Third, people have a tendency to place elaborate faith
in backup systems and safety devices. More pedestrians
die in crosswalks than when jay-walking. That’s because
they have a false sense of security in crosswalks and
are less likely to look both ways.
On the Deepwater Horizon oil rig, a Transocean official
apparently tried to close off a safety debate by
reminding everybody the blowout preventer would save
them if something went wrong. The illusion of the safety
system encouraged the crew to behave in more reckless
ways. As Malcolm Gladwell put it in a 1996 New Yorker
essay, “Human beings have a seemingly fundamental
tendency to compensate for lower risks in one area by
taking greater risks in another.”
http://www.chrisbrogan.com
Here’s a freebie: if I were an author looking to get
the most out of the social web (and I am), I’d do
something along the lines of what I’m about to share.
Your mileage may vary, but here’s a decent approximation
of the things I’d do. Please feel free to share
liberally. Just link back to
An Author’s Plan for Social Media Efforts, please.
An Author’s Plan for Social Media
- Set up a URL for the book,
and/or maybe one for your name. Need help finding a
URL? I use
Ajaxwhois.com for simple effort in searching.
- Set up a blog. If you want it
free and super fast,
WordPress or
Tumblr. I’d recommend getting hosting like
Bloghost.me.
- On the blog, write about
interesting things that pertain to the book, but
don’t just promote the book over and over again. In
fact, blow people away by promoting their blogs and
their books, if they’re related a bit.
- Start an email newsletter.
It’s amazing how much MORE responsive email lists
are than any other online medium.
- Have a blog post that’s a list
of all the places one might buy your book. I did
this for both
Trust Agents and
building blocks.)
- Consider recording a video
trailer for your book. Here’s one from
Scott Sigler (YouTube), for his horror thriller,
Contagious.
- Build a Facebook fan page for
the book or for bonus points, build
one around the topic the book covers, and only
lightly promote the book via the page.
- Join Twitter under your name,
not your book’s name, and use
Twitter Search to find people who talk about the
subjects your book covers.
- When people talk about your
book, good or bad, thank them with a reply. Connect
to people frequently. It’s amazing how many authors
I rave about on Twitter and how few actually
respond. Mind you, the BIGGEST authors always
respond (paradox?)
- Use
Google Blogsearch and
Alltop to find the people who’d likely write
about the subject matter your book covers. Get
commenting on their blog posts but NOT mentioning
your book. Get to know them. Leave USEFUL comments,
with no blatant URL back to your book.
- Work with your publisher for a
blogger outreach project. See if you can do a
giveaway project with a few bloggers (here’s a
book giveaway project I did for Donald Miller’s
A Million Miles in a Thousand Years book).
- Offer to write guest posts on
blogs that make sense as places where potential
buyers might be. Do everything you can to make the
post match the content of the person’s site and not
your goals. But do link to your book.
- Ask around for radio or TV
contacts via the social web and LinkedIn. You never
know.
- Come up with interesting
reasons to get people to buy bulk orders. If you’re
a speaker, waive your fee (or part of it) in
exchange for sales of hundreds of books. (And spread
those purchases around to more than one bookselling
company.) In those giveaways, do something to
promote links back to your site and/or your post.
Giveaways are one time: Google Juice is much longer
lasting.
- Whenever someone writes a
review on their blog, thank them with a comment, and
maybe 1 tweet, but don’t drown them in tweets
pointing people to the review. It just never comes
off as useful.
- Ask gently for Amazon and
other distribution site reviews. They certainly do
help the buying process. And don’t ask often.
- Do everything you can to be
gracious and thankful to your readers. Your audience
is so much more important than you in this equation,
as there are more of them than there are of you.
- Start showing up at face to
face events, where it makes sense, including
tweetups. If there’s not a local tweetup, start one.
- And with all things, treat
people like you’d want them to treat your parents
(provided you had a great relationship with at least
one of them).
This sounds like a lot of steps. It is. But this is
how people are finding success. Should this be the
publicist’s job? Not even a little bit. The publicist
has his or her own methodology. The author will always
be the best advocate for his or her own work. Never put
your marketing success in the hands of someone else.
Always bring your best efforts into the mix and you’ll
find your best reward on your time and effort.
You might have found other ways to be successful with
various online and social media tools. By all means,
please share with us here. What’s your experience been
with promoting your work using the social web?
--
http://www.usnews.com
Why Voters Will Get a Lot Angrier
If you think this is a political revolution,
just wait a couple of years.
Tea Partiers and status-quo destroyers are ecstatic
at the spectacle of Washington bums—sorry,
incumbents—being thrown from the parapets they've held
for decades. Party swapper Arlen Specter will be heading
home after 30 years in the Senate, bounced in the
Pennsylvania Democratic primary by a relative newcomer,
Joe Sestak. Republican stalwart Bob Bennett of Utah is
departing from the Senate too, a victim of the insider
status that used to count as an asset. In the Kentucky
primary, Republican voters stiffed their party's
anointed candidate and instead elected bomb thrower Rand
Paul. "I have a message from the Tea Party," Paul
roared. "We've come to take our government back."
Insurgent voters seem likely to produce a lot more
upsets by election time in November, as disgust with
Washington mushrooms into electoral revolt. But the
reformers sent to "take government back" might end up
wishing they had left it in the hands of those stale
Congressional lifers.
Voter outrage in 2012 or 2014
could make the quarrels of 2010 seem like a Victorian
debating society. It's a matter of simple math. Within
the next few years, government leaders will be forced to
make some of the most painful decisions in decades. The
U.S. government now spends something like $1 trillion
more per year than it takes in, borrowing the
difference. With the national debt approaching dangerous
proportions, this must end, or else the mighty United
States will end up hamstrung like Greece, begging its
creditors for forbearance. And there's no way to spare
middle-class voters the pain this is going to cause.
Slogans make the problem sound simple, but Tea
Partiers heading to Washington will quickly discover
that solutions don't fit in the palm of one's hand.
Shrink government? Okay, good start. Medicare, Social
Security, and veterans benefits account for about 35
percent of all federal spending, a percentage that's
going up. So cutting payments to Baby Boomers and
veterans will save a lot of money. Medicaid, food
stamps, and other aid to the unfortunate accounts for
another 20 percent or so, and not all of those people
vote, so maybe you could cut that altogether. National
defense accounts for 20 percent of federal spending, and
you might conclude that fears of terrorism are
overblown, allowing some cuts there. Foreign aid,
federal AIDS research, safety inspectors, and all those
government agencies account for less than 25 percent of
all spending, so maybe nobody will notice if you take
that down.
Voters are cranky now because
the economy stinks, unemployment is high, Washington is
out of touch, and the usual Beltway dickering for
political advantage does nothing to improve the nation's
fortunes. But amid this discontent, Washington is still
giving voters a free ride by offering services and
subsidies that will have to be paid for in the future—by
the same people who are recipients of the largesse
today. When that bill comes due, Washington will have no
choice but to ask taxpayers for more, give them less,
and try to explain why sacrifices are suddenly
necessary. The winners in November will be the
incumbents when that earthquake hits. They want to take
government back? They can have it.
http://www.cbsnews.com
The Tea Party's Got Issues to Work Through - Boy, Do
They
Not all people who identify themselves as Tea
Partiers are ethnocentric wingnuts who get their
information about the world spoon-fed to them by
televised talking heads. But apologists for this
movement are going to have a hard time explaining away
the fact that a sizable minority qualify for that very
description.
The latest
CBS News/New York Times poll presents a picture of
an aging cohort of pessimistic white folks, rattled by
economic and cultural changes which have rocked their
increasingly Twitter-fied, multicultural and multi-polar
world (one led by a charismatic black guy who can swoosh
3 pointers with the best of them.) And their unhappiness
with the verdict of the 2008 presidential election has
led them down the rabbit hole.
Judge the poll data for yourself
but for me the clincher was the birther issue. An
astounding thirty percent of the people who identified
themselves as tea partiers still believe that President
Obama was born in another country, while another 29%
still don't know. Don't know? I'm not sure which
is worse: being paranoid delusional or potentially
paranoid delusional but too lazy to find out the facts.
Everything else flows from this bogus controversy. It
so happens that I have it on good authority that the
birthers were dropped off on Planet Earth from an
asteroid penal colony near the farthest rung of Saturn.
Prove it, you say? Au contraire; first they prove
they're not from outer space and then perhaps I'll
reassess my suspicion. Yes, that's how insane it is.
Some other gems:
- 75% don't believe that the
president shares the values of most Americans.
Fascinating. I'd pay money to sit down with these
folks to learn more about their belief system. They
must think of Obama as something of a cross between
Eldridge Cleaver and a Maoist Mao-Mao. As for the
over-achieving, doting wife and those ridiculously
cute kids? Obvious stage props to divert attention
from the revolutionary hordes massing on the other
side of the Rio Grande.
- 88% say the economic stimulus
has had no impact on the economy. Two possibilities
here. Either they aren't paying attention or they
the tea partiers are so ideologically blinkered that
it really doesn't matter what the facts are. By any
measure except one - jobs - the economy is
demonstrably stronger than it was when George W.
Bush left the White House. We can argue about
economic theory but data remain immune from ideology
and they are beyond contestation.
- 92% say that Obama is moving
the country toward socialism. I'll wager two means
of production and one Saul Alinsky union card that
most of these folks never read Das Kapital and
wouldn't know a Hegelian dialectic from the man in
the moon. Obama, a bourgeois intellectual who has
surrounded himself with mainstays of corporate
capitalism, has a plan to take us to the socialist
paradise? Yeah, and I suppose the New York Mets are
a lock to win the World Series this year.
- 54% identify as belonging to
the GOP while 41% claim to be Independents. Just 5%
are Democrats. This isn't surprising. Nor is it any
shock to learn that 57% have a favorable view of
George W. Bush. It apparently did not register that
the Great Recession began under Dubya's watch (as
did the haphazard Wall Street bailout.)
- Asked what they liked least
about Obama, 19% simply don't like him. Another 11%
say he is turning the U.S. more toward socialism,
and 10% mentioned health care reforms. (9% said he
was dishonest.) I'm not sure how far to extrapolate
but 89% of these folks are white and a majority feel
that too much has been made of the problems facing
blacks.
At least they're being honest.
--
More from the Poll:
Tea Party Supporters: Who They Are and What They Believe
Most Tea Partiers Believe Too Much Made of Problems
Facing Blacks
Tea Partiers View Palin, Beck and Bush Favorably
Tea Party Activists Small but Passionate Group
"Birther" Myth Persists Among Tea Partiers, All
Americans
Most Tea Party Supporters Say Their Taxes Are Fair
Read the Complete Poll on Who They Are (PDF)
Read the Complete Poll on What They Believe (PDF)
http://www.thedailybeast.com
Facts have an inconvenient way of asserting
themselves in a democracy as raucous as ours; and facts,
in the end, catch up with even the greatest of
newspapers. And so it came to pass that the Times took a
closer look at the men and women who comprise the Tea
Party movement. And what do you know: 37 percent have
college or postgraduate degrees (compared with the
national adult average of 25 percent), and 20 percent
have a household income greater than $100,000 (compared
with a national average of 14 percent).
What’s more, 75 percent are older than 45, suggesting
that Tea Partiers are not unthinking hotheads, but have
had many years’ experience of national politics—and,
inevitably, a fond memory of an America that wasn’t so
steeped in entitlements. Maybe that’s why they oppose
Obamacare with such eye-catching vim.
--
5/9/2010 1:02 PM
http://www.csmonitor.com/
Tea partyers generally well-off
Meanwhile, a bevy of
new polls paint tea partyers as class-conscious, and
overall wealthier and better educated than the average
American.
"Looking at polling data on the early folks involved
in tea party movement, you saw clusters of people with
relatively less past political participation, with very
strong anti-tax, anti-government views, but also very
strong pro-gun rights positions," says Professor
Franklin.
For many Democrats, the tea party represents a time
machine trip "back to the bad old days," as Peter
Gelzinis of the Boston Herald recently put it.
"The latest CBS News/New York Times poll presents a
picture of an aging cohort of pessimistic white folks,
rattled by economic and cultural changes which have
rocked their increasingly Twitter-fied, multicultural
and multi-polar world (one led by a charismatic black
guy who ca