This is a very plain blog with quotes from and links to articles I found interesting, thought-provoking, or relevant to the times. Linking is neither endorsement nor condemnation. Run by http://willslack.com
31 January, 2012
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New submitter jpwilliams writes "Gizmag reports that researchers at Sandia National Laboratories have tested a 10-centimeter bullet that can be fired from a smooth-bore rifle to hit a laser-marked target one mile away. The bullet 'includes an optical sensor in the nose to detect a laser beam on a target. The sensor sends information to guidance and control electronics that use an algorithm in an eight-bit central processing unit to command electromagnetic actuators. These actuators steer tiny fins that guide the bullet to the target.' Interestingly, accuracy improves with targets that are further away, because 'the bullet's motions settle the longer it is in flight.'"
Very good post on finance
COLBERT SUPERPAC
Federal Election Commission
999 E Street, N.W.
Washington, DC 20463
Re: Supplemental Memo To Disclosure Report
Dear Sirs and Sirettes, Americans for a Better Tomorrow,
Tomorrow (ABTT) would like it entered into the record that as of January 30th, 2012, the sum total of our donations was $1,023,121.24.
Stephen Colbert, President of ABTT, has asked that I quote him as saying, ''Yeah! How you like me now, F.E.C? I'm rolling seven digits deep! I got 99 problems but a non-connected independent-expenditure only committee ain't one!''
I would like it noted for the record that I advised Mr. Colbert against including that quote.
Sincerely, Shauna Polk Treasurer Americans for a Better Tomorrow, Tomorrow, Inc.
COLBERT SUPERPAC
Federal Election Commission
999 E Street, N.W.
Washington, DC 20463
Re: Supplemental Memo To Disclosure Report
Dear Sirs and Sirettes, Americans for a Better Tomorrow,
Tomorrow (ABTT) would like it entered into the record that as of January 30th, 2012, the sum total of our donations was $1,023,121.24.
Stephen Colbert, President of ABTT, has asked that I quote him as saying, ''Yeah! How you like me now, F.E.C? I'm rolling seven digits deep! I got 99 problems but a non-connected independent-expenditure only committee ain't one!''
I would like it noted for the record that I advised Mr. Colbert against including that quote.
Sincerely, Shauna Polk Treasurer Americans for a Better Tomorrow, Tomorrow, Inc.
America’s confessor | Prospect Magazine
There was an immediate and extraordinary response. The postcards soon began to pour in—and when he launched PostSecret.com on 1st January 2005, the online traffic was heavy. He used the free, bare-bones Google blogging service for amateurs that he still employs today. An armload of web awards and a spate of press attention further boosted the site’s profile. When Warren sits down to pick the 20 postcards that he posts online each Sunday, he is often choosing from a week’s total of more than 1,000, many of which are intricate works of homespun art.
Former Black Panther patches together purpose in Africa exile - latimes.com
This morning, he sits in his living room uncapping medicine bottles. A pill for high blood pressure. Another for the pain in his back and his bad knee. An aspirin to thin his blood. Time is catching him, like the lions that pursue him implacably through his nightmares, their leashes held by policemen.
30 January, 2012
Privilege, consumerism, and the lack of outrage that most of what we own is made by slave labor (on Reddit in particular) : SRSDiscussion
-Jes�s Heroles, Fmr. Mexican Ambassador to the US
I'm not going to lie, Foxconn doesn't sound like a terribly fun place to work. That being said, it's crucial to note that Foxconn employees are not slaves. Every employee is there of their own accord and is perfectly free to leave whenever they want (in fact, Foxconn has a 30-40% turnover rate). That's critically important to realise. It's important because the fact that someone would choose to work at Foxconn means that it's better than any other option they have. Remember that for the vast majority of Foxconn workers, the alternative is farming rice in a country where there's 1 tractor for every 200 farmers.
BEING A MAID
Tyler Clementi’s Suicide and Dharun Ravi’s Trial : The New Yorker
Ravi’s resolve not to publicize the experience lasted for three or four minutes. At 9:17 P.M., he tweeted, “Roommate asked for the room till midnight. I went into molly’s room and turned on my webcam. I saw him making out with a dude. Yay.” Before Ravi locked down his Twitter account, a few days later, he had about a hundred and fifty followers, the bulk of them friends from high school. It’s possible that he still thought of his Twitter audience as a group no larger than those followers.
Wow.
Quietly, U.S. Moves to Block Lawsuits by Military Families - Andrew Cohen - National - The Atlantic
Worse, Congress has consistently refused over the past 60 years to ensure that courthouse doors remain open to military personnel and their families. In one recent iteration of this battle, in 2009, it was reported that Congressional Republicans refused to go along because doing so it would allow more malpractice cases to get to trial, a goal many of those very same Republicans find contrary to their so-called "tort reform" agenda. It's a legal issue, it's a political issue, and its a moral one: How much do we really care about these families?
On the Aisle: Partying in the stacks at Bookless
Two hours in, the line snaked out the door and around the corner. Inside, the reference desk had been transformed into a bar, staffed by Merchant. The walls were covered in paint and old library cards, the signs all switched around, with a photo booth just inside the door.
There were video installations and live music on every floor. There was an oracle, where you could send a question down a pneumatic tube and get answers to life's most persistent questions. A friend asked what her baby daughter would be when she grows up. The answer: A constellation.
Entire thing is awesome
Rather than quote the numerous highlights in this letter, I'll simply leave you to enjoy it. Do make sure you read to the end.
Coal
Jackson escapes assassination attempt Jan. 30, 1835 - Andrew Glass - POLITICO.com
Richard Lawrence, an unemployed house painter, approached Jackson as he left a congressional funeral held in the House chamber of the Capitol and shot at him. His gun misfired.
A delusional Lawrence believed that the U.S. government owed him a large sum that Jackson was keeping from him.
Release of the funds, he thought, would allow him to take his rightful place as King Richard III of England.
To be Elite
One morning, when Dave sat Jordyn on a changing table, she did something he was certain neither of his first two children would have been able to do at the same age: She pulled herself up to a standing position and then lifted one leg -- without leaning to put her arms on his shoulders for balance -- and stood like a flamingo as he slipped on one pant leg, and then the other. "We'd already had two kids, so I knew that was unusual," Dave said. "She couldn't even walk, but she had this uncanny sense of balance."
29 January, 2012
Michael Hudson: Banks Weren’t Meant to Be Like This � naked capitalism
The first step toward today’s mutual interdependence between high finance and government was for central banks to act as lenders of last resort to mitigate the liquidity crises that periodically resulted from the banks’ privilege of credit creation. In due course governments also provided public deposit insurance, recognizing the need to mobilize and recycle savings into capital investment as the Industrial Revolution gained momentum. In exchange for this support, they regulated banks as public utilities.
What a story - America's best "madam."
Polly did not have problems with the criminal element, and she began building her clientele in a discrete business like manner. At the night clubs Polly patronized, she advised headwaiters and captains that her establishment was not your typical whorehouse, and they should only send men to her bordello who could afford to pay $20 or more. For those who could pay that amount, Polly Adler was available 24 hours a day. The money began rolling in, and by the spring of 1921 she had saved $6,000.
Never again, and what it means.
What's Wrong With the Teenage Mind? - WSJ.com
The ethics of brain boosting - University of Oxford
Critically, this is not just helping to restore function in those with impaired abilities. TDCS can be used to enhance healthy people’s mental capacities. Indeed, most of the research so far has been carried out in healthy adults.
TDCS uses electrodes placed on the outside of the head to pass tiny currents across regions of the brain for 20 minutes or so. The currents of 1–2 mA make it easier for neurons in these brain regions to fire. It is thought that this enhances the making and strengthening of connections involved in learning and memory.
28 January, 2012
How Wall Street Knowingly Created The Crisis
The always-interesting Francis Fukuyama has a great interview on the financial crisis. Money quote:
What I thought was most interesting about Michael Lewis's book, "The Big Short," was that there is, to this day, a view about the whole pathology of collateralised debt obligations (CDOs) – these highly complex, packaged mortgage securities – as well as the credit default swaps – the insurance contracts written on those securities – that Wall Street created them and they simply got out of hand. They didn’t anticipate it would be hard to value them, how they would be misused, and so forth. What Michael Lewis points out very forcefully is that they were deliberately created by Wall Street banks in order to produce non-transparent securities that could not be adequately evaluated by the rating agencies, which then could be sold to less sophisticated investors, who would buy the idea that this junk debt actually had triple A ratings. So what this book does quite brilliantly is show that there was actually a high degree of intentionality in creating the crisis.
The worst of all these securities are the so-called synthetic CDOs. A CDO is a bond that represents maybe a couple of thousand mortgages; a synthetic CDO is a group of hundreds of CDOs, all packaged into a single security. When you get to that level of complexity, no one can evaluate what this thing is worth. You can come up with sophisticated rationales for why this might actually follow some kind of market logic, but I think Lewis shows that the reason this happened is that they didn’t want anyone to be able to rate it.
27 January, 2012
How the Occupation Became Legal by Eyal Press | NYRblog | The New York Review of Books
Rational Irrationality: Mitt’s 1040s: The Real Scandal is the Tax Code : The New Yorker
The “carried interest” deduction has no economic justification—firms like Bain don’t put any of their own capital at risk to generate it—but its sure helps folks like Mitt. If he and his wife had been forced to treat that $13 million as regular income, they would have had to pay about $4.5 million in federal tax on it. As it was, they paid about $1.9 million in taxes, saving them a handy $2.6 million.
Nice “work” if you can get it.
The Mercenary Techie Who Troubleshoots for Drug Dealers and Jealous Lovers
But burners can be a pain. For maximum security, phones need to be switched as often as possible—a top Cali cartel manager was once reported to use 35 cell phones a day. Martin's system makes it easy for a crew to switch all their phones rapidly.
With Martin's system, each crewmember gets a cell phone that operates using a prepaid SIM card; they also get a two-week plastic pill organizer filled with 14 SIM cards where the pills should be. Each SIM card, loaded with $50 worth of airtime, is attached to a different phone number and stores all contacts, text messages and call histories associated with that number, like a removable hard drive. This makes a new SIM card effectively a new phone. Every morning, each crewmember swaps out his phone's card for the card in next day's compartment in the pill organizers. After all 14 cards are used, they start over at the first one.
Of course, it would be hugely annoying for a crewmember to have to remember the others' constantly changing numbers. But he doesn't have to, thanks to the pill organizers. Martin preprograms each day's SIM card with the phone numbers the other members have that day. As long they all swap out their cards every day, the contacts in the phones stay in sync. (They never call anyone but each other on the phones.) Crewmembers will remind each other to "take their medicine," Martin said.
26 January, 2012
Because the Market Allows It
That is enough, for the moment. It’s obvious -- isn’t it? - - that Romney is just blowing smoke. The real story is clear: He wanted to achieve something important and good for the people of his state, namely universal health care. But he chose the wrong horse -- who could have guessed that an idea from the Heritage Foundation would become “liberal” anathema in the Republican primaries?
It’s annoying, but it’s more than that: It’s disqualifying. To talk such nonsense and count on the hubbub of the campaign to clothe its naked contempt for the voters is an insult to all of us.
If Logic Mattered in These GOP Debates...
ROMNEY: For the 8 percent of people [in Massachusetts] who didn't have insurance, we said to them, if you can afford insurance, buy it yourself, any one of the plans out there, you can choose any plan. There's no government plan.
And if you don't want to buy insurance, then you have to help pay for the cost of the state picking up your bill, because under federal law if someone doesn't have insurance, then we have to care for them in the hospitals, give them free care. So we said, no more, no more free riders. We are insisting on personal responsibility.
Either get the insurance or help pay for your care. And that was the conclusion that we reached.... Everyone has a requirement to either buy it or pay the state for the
cost of providing them free care. Because the idea of people getting
something for free when they could afford to care for themselves is
something that we decided in our state was not a good idea.
That's the "individual mandate," plain and simple. As Santorum eventually got around to pointing out.
The Benjamin Franklin Effect � You Are Not So Smart
The Truth: You grow to like people for whom you do nice things and hate people you harm.
Benjamin Franklin knew how to deal with haters.
Born in 1706 as the eighth of 17 children to a Massachusetts soap and candlestick maker, the chances Benjamin would go on to become a gentleman, scholar, scientist, statesman, musician, author, publisher and all-around general bad-ass were astronomically low, yet he did just that and more because he was a master of the game of personal politics.
[...]
Students at Stanford University signed up for a two-hour experiment called “Measures of Performance” as a requirement to pass a class. Researchers divided them into two groups. One was told they would receive $1, or about $8 in today’s money. The other group was told they would receive $20, or about $150 in today’s money. The scientists then explained the students would be helping improve the research department by evaluating a new experiment. They were then led into a room where they had to use one hand to place wooden spools into a tray and remove them over and over again. A half-hour later, the task changed to turning square pegs clockwise on a flat board one-quarter spin at a time for half an hour. All the while, an experimenter watched and scribbled. It was one hour of torturous tedium with a guy watching and taking notes. After the hour was up, the researcher asked the student if he could do the school a favor on their way out by telling the next student scheduled to perform the tasks who was waiting outside that the experiment was fun and interesting. Finally, after lying, people in both groups – one with $1 in their pocket and one with $20 – filled out a survey in which they were asked their true feelings about the study. What do you think they said? Here’s a hint – one group not only lied to the person waiting outside but went on to report they loved repeatedly turning little wooden knobs. Which one do you think internalized the lie? On average, the people paid $1 reported the study was stimulating. The people paid $20 reported what they just went thorough was some astoundly boring-ass shit. Why the difference?
According to Festinger, both groups lied about the hour, but only one felt cognitive dissonance. It was as if the group paid $20 thought, “Well, that was awful, and I just lied about it, but they paid me a lot of money, so…no worries.” Their mental discomfort was quickly and easily dealt with by a nice external justification. The group paid $1 had no outside justification, so they turned inward. They altered their beliefs to salve their cerebral sunburn. This is why volunteering feels good and unpaid interns work so hard. Without an obvious outside reward you create an internal one.
Scotland’s bid for independence explained! � The Dabbler
I’ve been asked this many times in Russia and the United States, even though both countries have a federal system and the idea of a large entity made up of smaller entities should be easy to grasp. Maybe that’s the problem: Scotland is not a state, or a province- it’s a country, only it’s a country that joined with another three countries to make a kind of mega-country with (until recently) one parliament. Kind of like The Beatles, where England is John, Scotland is Paul and… I’ll let the Welsh and Northern Irish decide who gets to be Ringo.
2) So why did Scotland unite with England?
When Queen Elizabeth I died, her nearest Protestant relative was King James VI of Scotland, so he was invited south to make sure Catholics didn’t take over. Scotland retained its own parliament until a century or so later when the country went bankrupt following a disastrous attempt to colonize a wet jungle full of mosquitoes. The English bailed us out and we have never forgiven them.
Amazon's Hit Man - Businessweek
Vladimir Putin would like you to read a book: Why his proposal for a "Russian canon" is scary as hell | New York Daily News
But cultural therapy has never been subtle in Russia; not under Czar Nicholas I, whose “Third Section” of spies was meant to enforce the imperial policy of censorship; nor under Putin, when the Hitlerite youth group “Walking Together” burned copies of the objectionable novel “Blue Lard” in Moscow in 2003.
The obverse to writers’ importance in Russian society is the importance of silencing them, whether it’s Dostoyevsky on the gallows or Solzhenytsin in the Gulag. Putin, the amateur historian, knows all this. And he knows, too, that his “strategy [of] civic patriotism” will require him to promote some books while banning others.
Davos Newbies � Blog Archive � A few truths about Davos
That comes with the territory. More difficult is the need to put corporate leaders on panels with relatively little regard to whether they have any original ideas, or any ability to talk about them. The dark, dirty secret you learn when you run the program at Davos is that the vast majority of CEOs have nothing to say. That doesn’t mean they are bad CEOs. It’s just that there is no correlation between being a successful business leader and having interesting ideas and the ability to express them.
It isn’t just people. Offending no one also constricts the range of things you can talk about.
25 January, 2012
Night terrors : The Last Word On Nothing
But hang on. It ends up being a little more complicated than that.
At nightterrors.org, a web site dedicated to helping people who suffer from these episodes, the first disclaimer is that “unlike what people have told you, this isn’t Satan.” If you’re not religious, that statement will strike you as a completely left-field nonsequitur. What does Satan have to do with any of this? And then it dawns on you that this little hiccup in the brain may have had an incredibly profound effect on human history. After all, an experience that intense, that has been shared by so many people across cultures, could account for a lot of humanity’s more inexplicable beliefs.
Egyptians see remarkable year not living up to its potential
On the first anniversary of the uprising that toppled Hosni Mubarak's regime, hundreds of thousands poured into the revolution's symbolic center, Cairo's Tahrir Square. NBC's Ayman Mohyeldin reports.
Soros is worried
Let the Robot Drive: The Autonomous Car of the Future Is Here | Magazine
[...]
Faced with the alternatives—that guy who cut us off without signaling, the mom nursing an Ambien hangover who’s drifting into the right lane, the Bluetooth jockey doing 90 mph—I welcome our new robotic Prius-driving overlords.
Boston Review — Carlos Fraenkel: Citizen Philosophers
Most of the four million slaves shipped from Africa to Brazil were sold in Salvador, the first residence of Portugal’s colonial rulers. It’s still Brazil’s blackest city. In Ribeiro’s neighborhood, children play football or do capoeira, pray in Pentecostal Churches or worship African gods. Many are involved with drugs; “every year we lose students to crack,” she tells me. And they study philosophy two hours each week because of a 2008 law that mandates philosophy instruction in all Brazilian high schools. Nine million teenagers now take philosophy classes for three years.
What Did The 1% Do Wrong?
[M]ost complaints about the American 1% are not grounded on the view that the global political economy is a comprehensive web of exploitation. It's based on the supposition that the domestic 1% is guilty of something or other the domestic 10 or 30 or 50% isn't, and therefore deserves to be a target of scorn in a way the 10 or 30 or 50% does not. But, however you slice it, it's going to be true that a lot of people in the top 1% got there in pretty much the same way a lot of people in the top 30 or 50% got there.
If there's nothing wrong with a way of making money at the 50th percentile, there's nothing wrong with it at the 99th. And if there's something wrong with it at the 99th, there's something wrong with at the 50th. The unwillingness to identify specific mechanisms of unjust income acquisition, and the insistence on treating income-earners above a arbitrary cut-off point as a unified class deserving special contempt, strike me as symptoms of intellectually laziness and a less than thoroughgoing interest in justice.
24 January, 2012
Mass Incarceration and Criminal Justice in America : The New Yorker
Americans for Patriotic Self-Deportation
The group hopes the website and issue benefits from Republican candidate Mitt Romney's endorsement of self-deportation as a solution to the problem of illegal immigration, according to spokesman Stephen Winters.
23 January, 2012
McSweeney’s Internet Tendency: In Which I Fix My Girlfriend’s Grandparents’ WiFi and Am Hailed as a Conquering Hero.
The people did beseech the warrior to aid them. They were a simple people, capable only of rewarding him with gratitude and a larger-than-normal serving of Jell-O salad. The warrior considered the possible battles before him. While others may have shirked the duties, forcing the good people of Ferndale Street to prostrate themselves before the tyrants of Comcast, Linksys, and Geek Squad, the warrior could not chill his heart to these depths. He accepted the quest and strode bravely across the beige shag carpet of the living room.
The triumph of intransience
22 January, 2012
:/
The result was a chain reaction of misreporting that grew blindly from a student journalist’s Twitter post erroneously suggesting that Paterno, 85, had succumbed to lung cancer on Saturday night. The legendary former Penn State football coach actually died Sunday morning, about 14 hours after some media sources had already declared him dead.
RedState wins
The AFC Championship game is over, the NFC underway. Fresh from punishing Tebow in an act of evil unmatched since the time of Sauron, the New England Patriots, who go by the street name ‘Snake’, used black magic and human sacrifice to cause a Ravens’ missed field goal in the final seconds of the game, thereby sealing their trip to both the Super Bowl, and a much hotter place.
At the time of this post, it’s 10-7 Giants at halftime in the NFC Championship game. I think I speak for all of mankind when I say that if the Giants beat the 49ers, it probably means 2012 really is the apocalypse, and we probably deserve it.
Update on that drone in Iran
The USA isn't competitive...because we actually have labor laws.
“The speed and flexibility is breathtaking,” the executive said. “There’s no American plant that can match that.”
Uhh.. shouldn't it read
“The 'do this or get fired and starve to death attitude' is breathtaking,” the executive said. “There’s no American plant that can get away with treating its employees so cruelly.”
Globalization
The facility has 230,000 employees, many working six days a week, often spending up to 12 hours a day at the plant. Over a quarter of Foxconn’s work force lives in company barracks and many workers earn less than $17 a day. When one Apple executive arrived during a shift change, his car was stuck in a river of employees streaming past. “The scale is unimaginable,” he said.
Foxconn employs nearly 300 guards to direct foot traffic so workers are not crushed in doorway bottlenecks. The facility’s central kitchen cooks an average of three tons of pork and 13 tons of rice a day. While factories are spotless, the air inside nearby teahouses is hazy with the smoke and stench of cigarettes.
Harsh Realism
:/ - We need common sense to disprove common sense
Common sense is an acceptable guide to everyday practical interactions with the world. But there’s no reason to think it would be a good guide to the fundamental structure of the universe. Think about all the weirdness of quantum mechanics, all the weirdness of relativity theory. The more we learn about such things, the more it seems we’re forced to leave common sense behind. The same is probably true about metaphysics.
Keanu Reaves: "Whoa."
Will Emerging Markets Fall in 2012? - Jeffrey Frankel - Project Syndicate
The hypothesis of regular boom-bust cycles is supported by a long-standing scholarly literature, such as the writings of the American economist Carmen Reinhart. But I would appeal to an even older source: the Old Testament – in particular, the story of Joseph, who was called upon by the Pharaoh to interpret a dream about seven fat cows followed by seven skinny cows.
Joseph prophesied that there would come seven years of plenty, with abundant harvests from an overflowing Nile, followed by seven lean years, with famine resulting from drought. His forecast turned out to be accurate. Fortunately, the Pharaoh had empowered his technocratic official (Joseph) to save grain in the seven years of plenty, building up sufficient stockpiles to save the Egyptian people from starvation during the bad years. That is a valuable lesson for today’s government officials in industrialized and developing countries alike.
21 January, 2012
Slumdogs of New York: The remarkable images capturing immigrant families in an unrecognisable 19th century New York | Mail Online
In one heart-wrenching picture three small barefoot children huddle together for warmth over a grating. Others show street children huddling close together for warmth, or working the streets as shoeshines and beggars.
For many immigrants the new life was a tough one- some of the streets where they had made their home were notorious for violent crime.
Japan's immigration control: Gulag for gaijin | The Economist
A sign, in English, Japanese, and other languages, lists phone numbers for United Nations organisations dedicated to helping victims of state brutality.
“It says right here that I can call these numbers.”
“No you can’t.”
Tom Bissell on the making of 'Madden NFL' - Grantland
The Nazi Leader Who, in 1937, Became the Oskar Schindler of China - Iris Chang - International - The Atlantic
Perhaps the most fascinating character to emerge from the his�tory of the Rape of Nanking is the German businessman John Rabe. To most of the Chinese in the city, he was a hero, "the living Buddha of Nanking," the legendary head of the International Safety Zone who saved hundreds of thousands of Chi�nese lives. But to the Japanese, Rabe was a strange and unlikely savior. For he was not only a German national -- a citizen of a country allied with Japan -- but the leader of the Nazi Party in Nanking.
20 January, 2012
The Sound of Silence : News & Features : Conde Nast Traveler
Wow.
What’s puzzling about the caste system is that it endures without legal force. Unlike slavery, where whites actively relied on authorities to maintain their slave holdings, the caste system is an informal, self-perpetuating institution.
How? Consider Maya’s story.
Maya assigned herself to our house in 1977. We had no choice.
The Gates of Hell , Turkmenistan
Colbert gets a congressional endorsement
Huntsman was the last sane, faithful, intelligent, non-flip flopping, non-rightwing nut still standing. Given that Huntsman is gone, I now endorse Stephen Colbert for the Republican nomination for President!
What Do We Know about Democratic Transitions? A Listsicle of 9 Judgments � Dart-Throwing Chimp
John Kay - A real market economy ensures that greed is good
There are few controlled experiments in economics, but these are as close as we get, and the results were clear. They were also unexpected. Hard though it is to believe today, in the 1960s many serious commentators on left and right believed that Russian economic progress threatened western hegemony. Those on the left were naively credulous and those on the right victims of paranoid fantasies.
A perhaps apocryphal story tells of a Russian visitor, impressed by the laden shelves in US supermarkets. He asked: “So who is in charge of the supply of bread to New York?” The market economy’s answer – that not only is no one in charge, but it is a criminal offence for anyone to seek that position – is surprising.
Does Austerity Promote Economic Growth? - Robert J. Shiller - Project Syndicate
But critics, such as Valerie Ramey of the University of California at San Diego, think that Guajardo, Leigh, and Pescatori have not completely proven their case. It is possible, Ramey argues, that their results could reflect a different sort of reverse causality if governments are more likely to respond to high public-debt levels with austerity programs when they have reason to believe that economic conditions could make the debt burden especially worrisome.
Battle Raging at Heart of Russian Elite - NYTimes.com
Mr. Prokhorov said the conservative wing was “very cynical.” “They need stability at any price. And they are ready to pay any price, even instead of future development,” he said. “They are afraid of competition, they are afraid of development.”
But the liberals are ascendant: “I think that the liberal part of the elite is bigger and bigger from day to day, because I have a lot of calls from different levels, and they really express their support for my candidacy.”
Obama TIME Interview: New Path for U.S. Foreign Policy | Swampland | TIME.com
Well, I think that when we’ve had some friction in the relationship, it’s because China, I think, still sees itself as a developing or even poor country that should be able to pursue mercantilist policies that are for their benefit and where the rules applying to them shouldn’t be the same rules that apply to the United States or Europe or other major powers.
(MORE: Iraq’s Government, Not Obama, Called Time on the U.S. Troop Presence)
And what we’ve tried to say to them very clearly is, Look, you guys have grown up. You’re already the most populous country on earth, depending on how you measure it, the largest or next-largest economy in the world and will soon be the largest economy, almost inevitably. You are rapidly consuming more resources than anybody else. And in that context, whether it’s maritime issues or trade issues, you can’t do whatever you think is best for you. You’ve got to play by the same rules as everybody else.
19 January, 2012
Worth the entire read.
On Tone
Unfortunately, it works.
War is Horrible
Yes, a big problem, but fundamentally impossible to "solve" with the law.
Julian Assange: The Rolling Stone Interview | Politics News | Rolling Stone
Why Are Tibetan Monks Setting Themselves on Fire? - Lois Farrow Parshley - International - The Atlantic
During that time, he was tortured and beaten. At one point, he said, "I felt my body was split into pieces. The cuff went into my flesh. I felt I was going to die. I asked them to kill me." Then, he said, "They put me back on the floor. One of them pulled a handgun from a bag and said I should not close my eyes or I would reincarnate as a demon after I was shot dead. He pressed the gun onto my forehead and the gun clicked. Still I did not say anything."
Brian Phillips on soccer and boredom - Grantland
"Our little baby is dead"
On April 14th of 1851, Dora Dickens, the ninth child of Charles Dickens and his wife, Catherine, died unexpectedly after suffering convulsions. She was just 8-months-old. The next morning, Charles wrote the following letter to Catherine — miles away from home recuperating from an illness, oblivious to the situation
— and, in an effort to break the news gently, delicately informed her that their daughter was gravely ill and to expect the worst.
Catherine returned home the next day.
(Source: The Letters of Charles Dickens, 1850-1852; Image: Charles Dickens, aged 49, courtesy of The Telegraph.)
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Devonshire Terrace
Tuesday Morning
Fifteenth April 1851
My dearest Kate.
Now observe. You must read this letter, very slowly and carefully. If you have hurried on thus far without quite understanding (apprehending some bad news), I rely on your turning back, and reading again.
Little Dora, without being in the least pain, is suddenly stricken ill. She awoke out of a sleep, and was seen, in one moment, to be very ill. Mind! I will not deceive you. I think her very ill.
There is nothing in her appearance but perfect rest. You would suppose her quietly asleep. But I am sure she is very ill, and I cannot encourage myself with much hope of her recovery. I do not—and why should I say I do, to you my dear!—I do not think her recovery at all likely.
I do not like to leave home. I can do nothing here, but I think it right to stay here. You will not like to be away, I know, and I cannot reconcile it to myself to keep you away. Forster with his usual affection for us comes down to bring you this letter and to bring you home. But I cannot close it without putting the strongest entreaty and injunction upon you to come with perfect composure—to remember what I have often told you, that we never can expect to be exempt, as to our many children, from the afflictions of other parents—and that if—if—when you come, I should even have to say to you "Our little baby is dead", you are to do your duty to the rest, and to shew yourself worthy of the great trust you hold in them.
If you will only read this, steadily, I have a perfect confidence in your doing what is right.
Ever affectionately,
Charles Dickens
Bain: A consulting firm too hot to handle? (Fortune, 1987) - Fortune Features
18 January, 2012
Mitt Romney's Teachable Moment on Capital Gains - Forbes
Dear Andrew Sullivan: Why Focus on Obama's Dumbest Critics? - Conor Friedersdorf - Politics - The Atlantic
It isn't that I object to Sullivan backing Obama's reelection if his GOP opponent runs on bringing back torture. Is he the lesser of two evils? Maybe so. But lauding him as a president who has governed "with grace and calm" and "who as yet has not had a single significant scandal to his name"? If indefinite detention, secret kill lists, warrantless spying, a war on whistleblowers, violating the War Powers Resolution, and abuse of the state secrets privilege don't fit one's definition of "scandal," what does? If they're peripheral flaws rather than central, unacceptable transgressions, America is doomed to these radical, illiberal policies for the foreseeable future.
Endorsed. I mean really.
"More debates, more vetting of candidates. Because we know the mistake made in our country four years ago, with having a candidate that was not vetted to the degree he should have been," - Sarah Palin, the vice presidential nominee in 2008 whose selection process was negligible, who never released her medical records, and who never gave a single press conference before Election Day.
Dear Son
You are probably aware that I am not a particularly religious person, at least in the sense of embracing any of the numerous formal doctrines. Yet I cannot conceive of a man endowed with intellect, perceiving the ordered universe about him, the glory of the mountain top, the plumage of a tropical bird, the intricate complexity of a protein molecule, the utter and unchanging perfection of a salt crystal, who can deny the existence of some higher power. Whether he chooses to call it God or Mohammed or Buddha or Torquoise Woman or the Law of Probability matters little. I find myself in my writings frequently calling upon Mother Nature to explain things and citing Her as responsible for the order of the universe. She is a very satisfactory divinity for me. And so I shall call upon Her to watch over you and guard you and, if she so desires, share with you some of Her secrets which She is usually so ready to share with those who have high purpose.
With all my love,
Dad
17 January, 2012
'The Operators,' by Michael Hastings (Review) - The Daily Beast
Fukushima: Inside the Exclusion Zone
In June, National Geographic sent AP photographer David Guttenfelder into the exclusion zone around the Fukushima Dai-ichi nuclear power station, which was badly damaged in the earthquake and tsunami earlier this year. He captured images of communities that had become ghost towns, with pets and farm animals roaming the streets. Later, in November, Guttenfelder returned to photograph the crippled reactor facility itself as members of the media were allowed inside for the first time since the triple disaster last March. In some places, the reactor buildings appear to be little more than heaps of twisted metal and crumbling concrete. Tens of thousands of area residents remain displaced, with little indication of when, or if, they may ever return to their homes. Collected here are some images from these trips -- the first six are from the December 2011 issue of National Geographic magazine, now on newsstands, and more photos can be seen at the National Geographic website. [20 photos]
He Told the Truth About China’s Tyranny by Simon Leys | The New York Review of Books
At the Oslo ceremony, an empty chair was substituted for the absent laureate. Within hours, the words “empty chair” were banned from the Internet in China—wherever they occurred, the entire machinery of censorship was automatically set in motion.
Foreign experts in various intelligence organizations are trying to assess the growing strength of China, politically, economically, and militarily. The Chinese leaders are most likely to have a clear view of their own power. If so, why are they so scared of a frail and powerless poet and essayist, locked away in jail, cut off from all human contacts? Why did the mere sight of his empty chair at the other end of the Eurasian continent plunge them into such a panic?11
How the Fed Can Prevent the Next Financial Crisis
I don’t know how to insulate economists from themselves, every few decades we seem to have the need to declare that we have solved important problems only to be spectacularly wrong, but the representation of the public interest in policy decisions can certainly be improved. That won’t fully overcome the Fed’s tendency to hesitate and take small steps when bold action is needed, but better representation would certainly give more weight to the public’s desire for the Fed to do its utmost to bring an end to the many problems that households face when the economy is operating at subpar levels.
Don’t Do It, Bibi - NYTimes.com
The American ambassador added a couple of other thoughts. “Maybe, once in a while, ask the president if there’s anything you can do for him. And above all stay out of our election-year politics.”
Diplomatic gift-giving :/
The miniature will be sent to Washington during a special ceremony to mark the 34th anniversary of the Islamic Revolution in Iran on February 5.
Lynch: No military option in Syria
A wordy post on why SOPA and PIPA are awful ideas.
The legislators sponsoring these bills have indicated that they are only targeted at truly foreign sites. However, the language is so loose and ignorant of what is truly a foreign site that there is a huge amount of room to argue what is actually "foreign".
16 January, 2012
English Wikipedia anti-SOPA blackout - Wikimedia Foundation
But although Wikipedia’s articles are neutral, its existence is not.
As The Debate Continues � Postmodern Conservative | A First Things Blog
4S
Siri, where do you come from?
Siri Software
I, Siri, was designed by Apple in California.
Ira Glass
Where were you manufactured?
Siri Software
I'm not allowed to say.
Ira Glass
Why?
Siri Software
Good question. Anything else I can do for you?
Letter from Birmingham Jail
Liberation |
May 1963
There comes a time when the cup of endurance runs over, and men are no longer willing to be plunged into the abyss of despair. I hope, sirs, you can understand our legitimate and unavoidable impatience. You express a great deal of anxiety over our willingness to break laws. This is certainly a legitimate concern. Since we so diligently urge people to obey the Supreme Court’s decision of 1954 outlawing segregation in the public schools, at first glance it may seem rather paradoxical for us consciously to break laws. One may well ask: “How can you advocate breaking some laws and obeying others?” The answer lies in the fact that there are two types of laws: just and unjust. I would be the first to advocate obeying just laws. One has not only a legal but a moral responsibility to obey just laws. Conversely, one has a moral responsibility to disobey unjust laws. I would agree with St. Augustine that “an unjust law is no law at all.”
[full story]
14 January, 2012
20 Things You Didn't Know About... Alcohol | Drugs & Addiction | DISCOVER Magazine
A lean, muscular person will be less affected by drink than someone with more body fat: Water-rich muscle tissues absorb alcohol effectively, preventing it from reaching the brain.
13 January, 2012
"In an ideal world, you would not pick a representative of this particular sector of the economy to be your presidential candidate," - Rich Lowry on Romney's Bain problem.
Judith Clark’s Radical Transformation - NYTimes.com
She consumed books on psychology and wrote poetry. Solitary was grueling, she said. “But as horrible as it felt, I felt more alive than I had been. It was like coming out of this cave and being able to see again and feel.”
Helping to pull her into the world was her daughter.
On technology
It's tempting to stop the story here and conclude that the problem is that lawmakers are either clueless or evil, or possibly evilly clueless. This is not a very satisfying place to go, because it's fundamentally a counsel of despair; it suggests that our problems cannot be solved for so long as stupidity and evilness are present in the halls of power, which is to say they will never be solved. But I have another theory about what's happened.
We don't undestand the brain, yet.
"Money."
"Really? Truly? Spondulicks?" In my mind's eye, I pictured a spastic duck.
"Yes," he said emphatically.
"Spondulicks?"
"Spondulicks. It's British."
Surely he was pulling my leg. I breezed into the library to look it up in an etymological dictionary, where I found this entry:
12 January, 2012
The War on Terror is Over | Atlantic Council
WHY IS THIS A QUESTION?
One example mentioned recently by a reader: As cited in an Adam Liptak article on the Supreme Court, a court spokeswoman said Clarence Thomas had “misunderstood” a financial disclosure form when he failed to report his wife’s earnings from the Heritage Foundation. The reader thought it not likely that Mr. Thomas “misunderstood,” and instead that he simply chose not to report the information.
3 Reasons Conservatives Should Cut Defense Spending Now! - Hit & Run : Reason Magazine
If conservatives can’t find wasteful spending and useless programs in defense and homeland security to cut, they’ve got bigger problems than terrorists to deal with.
This Is Generation Flux: Meet The Pioneers Of The New (And Chaotic) Frontier Of Business | Fast Company
Euphemisms: Making murder respectable | The Economist
Saving Face and Peace in the Gulf - Anne-Marie Slaughter - Project Syndicate
In the game of “chicken,” two cars drive straight at each other at top speed; either one driver “chickens out” and swerves, or they collide in a fireball. Governments around the world cannot stand by and watch that game play out across the world’s energy lifeline. It is time for third parties to step in and facilitate solutions that allow Iran to save face while significantly and credibly reducing its supply of enriched uranium.
Overheard on the Goldman Sachs Elevator
#1: If you can only be good at one thing, be good at lying… because if you’re good at lying, you’re good at everything.
#1: Blacking out is just your brain clearing its browser history.
#1: My garbage disposal eats better than 98% of the world.