Well, folks, here’s your Tuesday news.
International Developments
❖ Two more self-immolations by Tibetans in China.
❖ 100,000 stood in the evening rain in front of the Japanese Diet to protest nuclear power.
❖ According to a leaked report, “The United Nations failed in its mandate to protect civilians in the last months of Sri Lanka’s bloody civil war.” At least 40,000 people were killed in the last five months of the conflict, which ended May 2009.
International Finance
❖ While waiting until Nov 20th to learn if the eurozone will release the funds it promised, Greece sold $5.15 billion in treasury bills in order to cover payments due for treasury bills sold earlier. What a heartless business this is!
Money Matters USA
❖ Noting that in Britain the right “owned the language and framed the debate”, we are cautioned that the US does need “a serious debate about its long-term budget outlook. But that needs to take into account how to reduce its debt fairly and sustainably and in a way that allows for growth. Exactly the debate that, two years into its austerity government, Britain is still waiting to have.”
❖ “Welcome to the NutHouse: How Private Financial Fiat Creates a Public Farce“. Listing several “Farces” (example: “High-level financial crimes, no matter how egregious or widespread, are not being prosecuted”), the author concludes: “It is our job now to form the next principles and new, healthy practices as we turn away from a corrupted system.”
❖ A Senate bill supposed to “help millions of homeowners and accelerate the economic recovery” was supposed to be voted on already. It’s been “pushed off while a sportsmen’s bill” is completed.
❖ “An improved housing market has triggered the biggest rally that home-builder stock have seen in years, with prices of some stocks more than doubling this year.”
Politics USA
❖ One great election defeat wasn’t even on the ballot: Grover Norquist’s Pledge! “About a dozen newly elected House Republicans refused to sign” the blamed thing “and another handful of returning Republicans have disavowed their allegiance to [it].”
❖ President Obama has decided to retain Eric Holder as US Attorney General.
❖ This seems about right: “Ugh, not Erskine Bowles for Treasury”.
❖ “Obama considering John Kerry for job of defense secretary”. Kerry was interested in Secretary of State, but that might go to Susan Rice, current US Ambassador to the UN. CIA head? Between John O. Brennan (oh,nooos) or the acting director, Michael J. Morell.
❖ Whatever her involvement with generals might be, we do know Jill Kelley can cook gator.
❖ What’s scandalous? “The circumstances of Petraeus’s departure from the CIA are a little alarming; you’d rather your chief spy not be reckless. But the circumstances of his arrival at the CIA a year ago were more troubling” since that signaled the “creeping militarization of the CIA . . . “That’s scandalous.”
❖ Is the US Justice Dept’s Civil Rights Division looking into the ballot counting mess in AZ, where “Latino voters were allegedly steered towards provisional ballots”? They aren’t saying. As of Saturday “approximately 486,405 ballots” were still uncounted, about 322,000 of them from Maricopa County.
❖ “A large number of evangelical organizations, including 150 evangelical leaders, plan to play a major role in the push for immigration reform.” Why? Much of the growth in the evangelical community recently has come from Latinos.
❖ Despite the yearnings of some Texans to secede, Republican Gov Rick Perry “believes in the greatness of our union and nothing should be done to change it.”
❖ Maybe “urban areas” is code for “non-white areas”, and that’s the nearest we come in this article to knowing what Paul Ryan thinks was the cause of the Romney-Ryan loss. Ever the optimist (perhaps code for delusionist?), Ryan believes “we certainly didn’t lose it on [budget issues], especially on Medicare”. Whatever.
❖ The federal investigation of Representative Jesse Jackson Jr (D-IL) for allegedly misusing campaign funds has now been expanded to include his wife, Sandi.
❖ $174,000/year-plus-benefits-at-taxpayers’-expense Rep. Randy Neugebauer (R-TX) said, “we’ve got to the point in this country where we incentivized people not to work . . . We shouldn’t be allowing people to game the system by maybe only working part time so that they can get these benefits.” Time to incentivize his return to political nonentity.
Women & Children
❖ Saturday was Malala Day in Pakistan. Wonderful pictures.
Health, Homelessness & Hunger
❖ “Yes, Virginia, There are Poorhouses, and Scrooge Would be Proud of Them”. Since homelessness is now an accepted part of the US landscape, seems like a good enough time to experience the situation as recounted by yet one more American who has fallen on hard times.
❖ “The Dust Bowl” is Ken Burns’ latest in re-living America’s history. Sounds as though it will be a fitting tribute to those who struggled mightily to survive those events.
❖ Good grief! A second pharmacy being investigated as a result of the meningitis outbreak revealed thick residues of gunk on equipment used to prepare drugs, insects “and at least one flying bird” in packaging and storage rooms, etc.
❖ At the Brain and Mind Institute, University of Western Ontario, neuroscientists have been able to communicate with a man previously declared in a vegetative state. They talked to him “while having his brain activity scanned in an fMRI machine” and observed his responses.
Working for A Living
❖ Bob Moore of Bob’s Red Mill Natural Foods has decided, at age 81, to hand “over the keys to his 209 employees”, some with 30 years at the company. Mr. Moore will continue as a member of the board of directors and the company will “be run by an Employee Stock Ownership Plan (ESOP).”
Heads Up!
❖ Glenzilla: “FBI’s abuse of the surveillance state is the real scandal needing investigation”, noting the irony that the generals being investigated are “the stars of America’s national security establishment”. And Google reports that “In the first six months of this year, authorities worldwide made 20,939 requests for access to personal data from Google users.” In the last six months of 2009, such requests totaled 12,539.
Planet Earth News
❖ “Not only is the Earth warming at the high-end of predicted models, but now human produced carbon dioxide emissions are accumulating in greater amounts in the upper reaches of the atmosphere”. Results of a team effort of Canada’s University of Waterloo and the US Naval Research Laboratory’s Space Science Division.
❖ In San Juan [gorgeous islands] County, WA it is now illegal to “propagate, cultivate, raise or grow plants, animals and other organisms which have been genetically modified.”
Latin America
❖ The presidents of Mexico, Honduras, Costa Rica and Belize want a special session of the UN to be held by 2015 “to examine the ‘successes and limits’ of current strategies against drug trafficking.” 60,000 people have been killed in Mexico since 2006 due to the “brutal turf way” between gangs.
❖ For “the 21st year in a row“, the UN voted to “condemn the U.S. commercial, economic and financial embargo against Cuba”. 188 in favor, 3 against (the US, Israel and Palau) and 2 abstentions (Marshall Islands and Micronesia).
Mixed Bag
❖ As of yesterday, 220 misdemeanor cases of pot possession were dismissed in the Seattle area, following voters’ approval of marijuana legalization state-wide.
❖ “What would you rename Iceland?” Smartland would be appropriate–look how they handled the banks. Or maybe just Cool.
❖ Well, duh! “Human intelligence slowly declining, says leading geneticist.” This cartoon seems appropriate (WARNING: very bad word used).
Break Time
❖ No fools in this line-up.




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About FDL News Desk
One for you, f. (click through for audio):
Bullying Victim Karen Klein Launches Foundation
Oh, how wonderful of her to do this! Thanks ever so much, allan. She’s definitely one of those nurturers of the human spirit.
Obama is leading the way on the The Grand Bargain; that’s ” you’re about to get stiffed ” in political jargon. Will that be by a 51.5%-47.8% margin? Or will Mitt’s 47% lose their political capital overnight? And, the true believer’s learn, once again, what it means to be governed by the center right. It appears like the real tally will never be scored. The countless voters, remain, a gullible hoard. This year I’m still glad I’m uncounted.
A tough one, Fatster. Thank you.
Corruption breeds corruption. I wonder if Holder would get it if someone started calling him Uncle Ruckus.
I wonder if selectively and cross bred plants would count. Some would never meet in nature and they are still being bred. Or those like bananas where they can’t reproduce but for cuttings.
Some Heart-Warming News From Racism.
Not News, But, Something Funny.
Finally, I will be offline for a few days and wanted to warn you about the lack of whit and greatness that are my replies. Try not to cry too much, I shall return soon. Also, don’t run all the good news while I’m gone.
Yes, because only the strongest and smartest ever survive in the wild. All these big, dumb brutes that exist today are because we started to coddle the weak. They never existed before. Never.
According to this guy’s theorem, Idiocracy is a documentary, despite what he says.
Human intelligence hasn’t declined, it’s mutated, much like he says our genes are supposed to. We think more collectively now, we focus on each other as a whole. It’s necessary for the survival of such a large number of individuals. We may not be great at individual survival anymore, but that doesn’t make us dumber than we were. It’s just not needed.
Those are great, Gothrykke. I loved the clowns so much. “White Flour”–there you go. We will miss you while you’re offline–and anticipating you to come roaring back with some more great links and thoughts.
Take care.
Regarding slowly declining human intelligence. . .
It’s a chilling theory in that link, but certainly plausible. He was careful to end on an upbeat note — he didn’t have to.
Genetic engineers to the rescue in the future? Suppose they’re getting dumber, too, before they learn how to throw those important switches?
Maybe that’s why they’re trying so hard to get us to eat all that genetically modified food, maa8722?
(I’m only half-joking, you know.)
And good evening to you.
For the 21st year in a row. . .
Yes, what will become of our stance with Cuba? I hope O has some fresh ideas. Maybe another EO workaround, since Congress will still be cranky.
I’m not certain that in the end Cubans will enjoy being overrun with American tourists. The hard times may fade from memory and be replaced by other nuisances.
“other nuisances”–the war on drugs comes to mind, too, maa8722.
Suck it up, savers and those on fixed incomes.
The banksters need free money for just a little longer:
Fed’s Yellen Backs Holding Rates Near Zero to 2016
Little people have no appreciation of how hard life is for the .01%.
When the husband is the CEO of a multinational
and the wife owns a professional sports team,
who has the time to keep track of who’s using whose corporate jet?
Lines Blur Over Wife’s Use of CEO’s Jets
What planet are these people on, allan?
At one point the Fed is quoted as thinking about temporarily “tolerating a bit more inflation to move the jobless rate lower.” So, somebody among them gets it: keeping the interest rate at near zero is doing zip for unemployment. Nonetheless, Yellen says they should keep the interest rate low to “forcefully lift employment” and the Chicago fed fellow says they should hold the interest rate steady until employment is under 7 percent.
I guess they’ve never heard of empirical observation nor the Law of Holes.
Oh, that’s good, allan, though I have to admit it is difficult to muster up some compassion in such instances.
Three late-evening tea leaves to read on taxes, two predicting that preznit will demand a whole heapin’ helluva lotta new tax revenue from higher rates on the rich, and one showing blowhard GOP governor of NJ finally admitting reality:
NYT’s editorial page blog gives important big numbers, says preznit will demand $1.6 Trillion in new tax revenues, a Trillion from higher rates on the rich, the rest from capping deductions by the rich.
WaPo late-night story quoting Timmeh, Rubin and others for proposition that capping deductions gives nowhere near enough new revenue, and repeating preznit’s demand for $1.6 Trillion in income tax hikes from the rich.
short Times item on Chris Christie admitting (referring to massive property damage from superstorm) “It’s got to be paid for,” he said. “There’s no magic money tree.”
Good stuff, Fractal, and many thanks for it. Now, reading your own tea leaves (magical or mundane), what do you think they’ll do?
Somehow this strange little coda sums up a great deal about the Romney state of mind, if not the campaign:
(Only 71 Michael, only 71. And I’ll just bet Jane Romney isn’t blond, either.)
Over 10 years. 1% of GDP. And it will be negotiated down to .25% of GDP. And then be overturned by a future Congress.
All to shred the social safety net.
edit
Love that cartoon…Are we not men?
P.S. Susie Madrak had a post a couple weeks ago saying there is a public option in the ACA:
I thought there was a link about that here at FDL, but I can’t find it. Does anyone know?
~
Good bye, Petraeus. Hello….
1. Jane Harman
2. Jack Reed
3. Dick Lugar
4. Joe Lieberman
I’d bet on Harman. She has proven, through a wiretap scandal of her own, that she is sufficiently pro-Israel.
A new Democratic Leader of the House? Steny Hoyer, maybe the leading contender for the job, is definitely to Pelosi’s political right. Looks like even Pelosi has moved left of the Overton Window.
http://en.wikipedia.org/wiki/Overton_window
The CIA has been militarized awhile. Back in the 90s they were recruiting out of the SEAL teams. It saved them time and money if you already had a Top Secret clearance.
There’s a reason I thought people were foolish to dismiss Kuchinch’s idea that there should be a Department of Peace. Entirely too many people who spent a large portion of time in the MIC end up in the State Department.
This is unfair to Yellen (full disclosure, we studied together at Yale under James Tobin). She’s one of the few Keynsians on the Board, most of whose members are either Chocago-school troglodites or non-entities like Bernanke. She understands that low interest rates suck, but if the Administration is going to commit fiscal homicide on the American economy through its Grand Bargain, the only thing the Fed can do to keep things from getting worse is continued free money. It sucks, but sucks less. Where have we seen that bumper sticker?
http://www.rawstory.com/rs/2012/11/12/human-intelligence-slowly-declining-says-leading-geneticist/
Really… I disagree. There is already a noticeable decline in human cognition. Dimwits everywhere. Can’t even make change when you square up, after they’ve rung the item to the register and tallied the sale? And yes society has already overcompensated and achieved its goal, but in the wrong direction, instead silencing criticism and the application of reason, to better the human condition.
The theory’s proponent sure does not have to deal with conditions, “where every individual was exposed to nature’s raw selective mechanisms on a daily basis,” as many American are exposed to everyday. Plus, having your head buried in your newest technological gadget oblivious to your surroundings is very Darwinian…
http://www.huffingtonpost.com/2012/07/30/texting-while-walking_n_1717864.html
I remember tryouts with my first “real” hockey coach. “Never take your eye off the bleeping puck, or your mark. The moment you do, you’ll be spitting out blood and your teeth.” “BTW, every hockey players spits out teeth and blood.” Twelve minutes later, hit from behind in a scrum at the net, a slap shot deflected went under my visor and I got 12 stitches on forehead. Never took my eyes off puck but could not react fast enough, to the situation. Many Americans could not anticipate or react fast enough to Wall Street’s leveraged defection of a hockey puck into Lady Liberty’s face creating a “gash” requiring multiple stitches, leaving a 20 inch scar! In fact “Wall Street” did this to America…..
Claude Lemieux’s Hit on Kris Draper
http://www.youtube.com/watch?v=3eCHxytJ1LM
Wall Street, Claude Lemieux and turtles?
Colorado Avalanche Detroit Red Wings Rivalry Claude Lemieux.
http://www.youtube.com/watch?v=aINYQ4zYNzI
*uck Wall Street, NHL Owners and Claude Lemieux….
We got to stop the safety-net shredding part. Also, once we tip the budget over into revenue-generating-from-rich-folks land, it gets easier to go back to that well again.
To fatster @16, you’re welcome but it’s just lucky timing. The big press posts its hot (not breaking) news just before I go offline every night.
I have said for years that preznit will never raise taxes on the rich, but it looks like his election victory coalition might have forced him to do it. But I’m not betting my rent on it.
The disgustingly wealthy have amazing capacities to run stupendous tax avoidance scams that will curdle your morning coffee. (mixed metaphor?)
Update: Pelosi will stay.
http://firstread.nbcnews.com/_news/2012/11/14/15162332-pelosi-to-remain-as-democratic-leader?lite
I would urge everyone to read the link provided by fatster concerning poorhouses. The comments to the article are worthwhile as well.
http://www.nakedcapitalism.com/2012/11/yes-virginia-there-are-poorhouses-and-scrooge-would-be-proud-of-them.html
did Yves Smith ever drop her jealous snit against Elizabeth Warren? Let me know when she finally lets go of that, then I’ll think about whether I need her blog or not. So far, 16 months Yves-free hasn’t cramped my style.
Hoyer would be a complete catholic-church-sellout mobbed-up-gambling-billionaire-stooge disaster. Hoyer has been the most steadfast war-monger among House Dems except for one or two of the lunatic southerners. oh wait ….
I am aware of policy differences on a wide range of issues between certain progressives and Warren, some of which I agree with, though I’ve never heard them critiqued as a “jealous snit”.
I actually find Yves approach of not placing politicians on pedestals refreshing. There are only a handful of blogs I feel like aren’t echo chambers and you can get a decent debate going about different philosophical positions and ways to push forward. Naked Capitalism is one of the blogs that provides that.
I don’t agree with Yves on everything. A day or two ago she stated she disagreed with the OWS debt jubilee idea. It’s an example of just one area where I disagree with her. I do think though that when she approaches problems that she does it from a genuine place and not just because it is something she think she can monetarily benefit from.
and to pineywoods @31
I did not introduce the notion that she is doing anything to make money. It is interesting that the concept of Yves personally profiting from her blogposts comes up in the context of her trashing Elizabeth Warren. I quit reading her because she irrationally dumped on Elizabeth Warren, quoting anonymous insiders among the Massachusetts Dems who claimed she didn’t have a chance to run a credible primary campaign, let alone win in the general. All the supposed “reasons” Yves gave at the time were pure misogynist hokum. I’m sure she got worse after I stopped reading her.
It was much, much worse than merely “not placing politicians on [a] pedestal,” she just defamed Elizabeth Warren with no basis.
As I said, let me know when she finally lets go of that irrational jealousy, and I will consider reading her again.
asia times online from 2002.
Mumbai
“Bal Thackeray founded the Shiv Sena in 1966 as a “sons of the soil” movement to fight for the rights of native Maharashtrians who, he maintained, were under threat from other ethnic migrants. The first targets of his hate campaigns and violence were south Indians, who had migrated to Mumbai for employment. Then Gujaratis were targeted. Muslims now are in the line of the Sena’s fire.
“In a speech delivered on the Hindu festival Dussehra two weeks ago, Thackeray called on Hindus to form suicide squads “to take the Muslims head on”. “Trouble-making Muslims should be wiped out from the country … kick out the four crore [40 million] Bangladeshi Muslims and then the country will be secure,” the Shiv Sena leader said. Urging Hindus to start calling India “Hindu rashtra” (Hindu nation), he maintained that only “our religion [Hinduism] is to be honored here” and then “we will look after other religions”.
” it is unlikely that he will be prosecuted. Fear of his capacity for unleashing violence and the color of his brand of terrorism will in all likelihood protect the man from being jailed. ”
also has said he thought Hitler had some good qualities, mover and shaker in Mumbai, now ailing.
today:
“MUMBAI: Shiv Sena chief Bal Thackeray, who is ailing for sometime, is on continuous oxygen and not eating anything. “Bal Thackeray is not on ventilator, but is on continuous oxygen,” his close source said on Tuesday.
He said the 86-year-old Sena patriarch, who has been suffering from breathing problems, continues to be under medical supervision. “His health is not so good. He is not eating anything,” he said.
Thanks for the clarification and insight, Knut. :)