With a fond adieu to February:
International Developments
❖ US Secretary of State John Kerry has “pledged an additional $60 million in aid to Syrian opposition forces”.
International Finance
❖ “Spain falls further into recession as GDP plunges by 0.8%”.
❖ “European Union officials have struck a provisional deal on new financial rules, including capping bank bonuses.” Sorta–the cap “can rise to two years pay if there is explicit approval from shareholders.”
❖ David Boies and Ted Olson of Bush v Gore Supreme Court fame are again crossing legal swords, this time over Argentina’s bond payment dispute. Olson is representing Elliott Capital Management which had Argentina’s ship Libertad seized in Ghana.
Money Matters USA
❖ J.C. Penney’s reported “a startling fourth-quarter loss of $2.51 a share”–quite a bit more than the 24-cents forecast.
❖ Wal-Mart’s having problems restocking its shelves at the same time that its sales are slowing.
❖ Kohl’s Corp.’s 4th-quarter net income dropped 17%.
❖ Rep. Edward Markey (D-MA): “More than 100 oil and gas producers . . . [have been drilling] “in federal waters without paying . . . any [or just some] royalties”. They include Chevon (approximately $1.49b), BP, Exxon Mobil, Royal Dutch Shell and ConocoPhillips.
❖ Occupy Homes MN, Neighborhoods Organizing for Change and others gathered for a 200-person march on Minneapolis’ Wells Fargo Home Mortgage, demanding that a house the community cleaned up for a single mother and her children be donated to the community.
❖ From a Brandeis University study: “The wealth gap between white and African-American households almost tripled within the past 25 years”, resulting in a $85,000 – $236,500 disparity during that time (based on 2009 dollars).
Politics USA
❖ Registered voters were asked “their preferences among three Congressional plans floated to avoid” the sequester cuts–but none of the plans was identified as coming from any party. Result: “policies most favorable to the majority were those offered by the progressive wing of the Democratic caucus.
❖ Who to blame? ”These six senators [Patty Murray (D-WA), John Kyl (R-AZ), Max Baucus (D-MT), Rob Portman (R-OH), John Kerry (D-MA) and Pat Toomey (R-PA)] from both parties, along wth six member of the House of Representatives, are the people to blame for the sequestration cuts”. Or President Obama: Obama has always planned to slash spending. Regardless of who’s to blame, DDay on what it’ll look like.
❖ Sen. Mitch McConnell (R-KY) had a Congressional Research Service report pulled, which “found no correlation between top tax rates and economic growth”, that “reduction in the top tax rates appears to be uncorrelated with saving, investment, and productivity growth.”
❖ 43% of Republicans think the Olive Garden is a “quality source of authentic ethnic food”; 41% of Democrats did not.
❖ “Drug testing of lawmakers added to Kansas bill . . . [requiring] drug tests of any welfare or unemployment recipient who state officials reasonably suspect is using illegal substances.” A proposal that didn’t make it would have added “state-assisted company owners”.
❖ GOPers in the House, after their hissy-fit theatrics over the Violence Against Women Act Reauthorization, did approve it–including protections for LGTB, undocumented workers and Native Americans. Although he led the attack on VAWA because he has issues with Native Americans and justice, Rep. Eric Cantor (R-VA) has announced he’s going to attend the Selma march led by Rep. John Lewis (D-GA) this weekend.
Gun Corner
❖ “35 Mass Killers Carried Assault Weapons and High-Capacity Magazines”. They used 143 weapons. The Assault Weapons Ban of 2013 would have outlawed 62 of those weapons.
Justice USA
❖ Rep. John Lewis (D-GA), revered Civil Rights Movement leader, has responded to Justice Antonin Scalia’s outrageous statement about the Voting Rights Act renewal being “a phenomenon that is called perpetuation of racial entitlement”. Video.
❖ “Chief Justice Roberts’ Long War Against the Voting Rights Act”. He’s been at it for 30 years.
❖ In 2010, the Justice Dept. “charged five ex-Blackwater executives with violating U.S. firearms laws, filing false statements and obstructing justice.” Last week, the justice Dept. dropped all charges against 3 defendants and agreed to “three years probation, four months of house arrest and a $5,000 fine” against the other two.
❖ John Kiriakou, former CIA officer, began serving his 30-month sentence for “identifying a covert agent” who took part in waterboarding Abu Zubaydah 83 times. Emptywheel has more, and more.
❖ Massey Energy former executive has “implicated the company’s chief executive officer in safety violations as he pleaded guilty . . . to [federal conspiracy] charges” in the 2010 explosion at the Upper Big Branch mine that killed 29 men.
Health, Homelessness & Hunger
❖ 80 tuberculosis cases identified in Los Angeles, 11 deaths, 4,500+ suspected exposed. The strain in Los Angeles seems to be unique. Scientists from the US Center for Disease Control and Prevention are on the scene.
❖ Autism, ADHD, bipolar disorder, major depressive disorder and schizophrenia “have common risk factors in flaws on Chromosomes 2 and 10 and in two genes that help regulate the flow of calcium in brain cells”.
Planet Earth News
❖ By 2015, American Electric Power will stop using coal at its IN, OH and KY plants, replacing them with wind and solar installations in IN and MI. They’ll also “spend $5 billion to install pollution controls on other plants”.
❖ WI Gov. Scott Walker (R) may soon sign a prized piece of Republican legislation that will “help Gogebic Taconite dig an open-pit mine in the Penokee Hills just south of Lake Superior”.
❖ Yay! “Barge traffic bounces back as Mississippi River rises, ending worries about shipping shutdown”.
❖ Good grief! The US 9th Circuit Court of Appeals to Sea Shepherd: “you are, without doubt, a pirate, no matter how high-minded you believe your purpose to be.”
❖ The Japanese government may be urging residents to stay indoors due to toxic smog from China.
Mixed Bag
❖ Tom Tomorrow has won the 2013 Herblock Prize. His latest: “The Time is always NOW: The Bowles Simpson Approach”
❖ “Meet the scientific accident that could change the world”–charge your smart phone “in a couple of seconds, or an electric car in a minute”.
❖ What’s going on up yonder? NASA has “spied a third . . . band of radiation”.
Break Time
❖ Stuck.




25 Comments

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Fatster, thanks for your link to Van Cliburn yesterday. What a remarkable musician and human being.
The next Van Cliburn International Piano Competition begins May 24th and will host about 30 pianists selected from among 132 applicants. These big competitions are held every four years. Each is a bit longer than two weeks, and a feast for any piano lover.
I think these competitions are more of a music festival than a competition, though, and have happily evolved that way. There is also an amateur competition held at the two year interim point between the big ones. More info is at:
http://www.cliburn.org
It’s unfortunate Cliburn, himself, passed so soon. He will be missed.
Good evening, fatster, I see the airplanes are still flying (knock on wood).
Scalia’s comment was certainly outrageous, and good for John Lewis. However, another aspect is that it is giving Obama supporters a chance to rave beyond reason about his appointees Sotomayor and Kagan because they upset normal SCOTU decorum a bit in his face.
Thus in today’s WaPo Msnbc Contributor trumpets: “you [Scalia] may have the votes, but you’re going to have a fight.” But if Ginsburg is the next to retire, and in the next four years, both of which seem likely, O is surely going to pick someone to her right to keep the Senate Republicans from blocking the appointment, maybe even someone who will join the conservative majority.
Other than that I offer the wisdom of Jay Leno: the designation “Pontiff Emeritus” means that Benedict will no longer talk directly to God; he’ll just follow Him on Twitter.
You’re more than welcome, maa8722, and I heartily concur with your comments. Many thnx.
“Benedict will no longer talk directly to God; he’ll just follow Him on Twitter.”
Oh, that’s wonderful, E. F. Beall. I’ll be in stitches for a while over that. LOL.
Let me respond to that, with direct knowledge of past Van Cliburn winners. I studied with one, Stephen DeGroote 1977 Van Cliburn 1st prize winner.
So what happens is, the winners get a certain exposure, and generally secure teaching positions, as well as concertizing. This is very important, as the winners are young, at first, but then continue to age and perfect their craft, both by teaching and continuing to concertize, and learning where they really want to be.
So, I assure you the competition is intense, and is real, as the combined faculties of the planet produce many many Masters level students, but very few sinecures.
Which is where I met and studied with DeGroote; he came to ASU in 1982 after the 4 years of concerts and 1 record deal which comes with the 1st prize.
Stephen has long since passed away, but later prize winners are now nicely aging into teaching and re-emerging as concertizers, like Andre-Michel Schub, both championing new music, and new students.
So while it’s a relatively happy business, making music, especially classical piano/violin/opera, it is incredibly intense as regards competitiveness.
Bubble, bubble, toil and trouble, courtesy of Ben Bernanke:
Investors seeking profits overpay for foreclosures in California
I know nothing about the big musical competitions like the Cliburn, but I volunteer (meaning things like escorting the entrants from the rehearsal room to the performance hall) for one of the smaller ones, the Johansen International Competition for Young String Players, held every three years in Washington, DC. As this summary of the 2012 event by WaPo’s chief music critic Anne Midgette brings out, such competitions are serious matters as you say, and some of the winners go on to big things.
(I got to meet Pamela Frank, whose discography includes one of the better sets of the Beethoven violin-piano sonatas with her father Claude, at the 2009 event because she was a judge. It was a thrill.)
That’s interesting, allan. As sort of a reference point, the median price for a home in CA in Jan 2013 was $290,000. Colony Capital apparently paid an average of $181,443 (using the numbers at your link). And here’s another good one: the difference between average rent $718/mo and average mortgage payment $481/month.
It was just a few months ago, while DDay was still around, that we were discussing the stampede of investors to grab up the property to rent. And just look at what they’ll make on that: $718/mo x 970 homes = $696,460/mo.
Jeebus.
Many thanks.
Thanks so much for that insider’s view, Kelly Canfield. Enriches our appreciation of these wonderful opportunities–of which there should be many, many more–for young musicians.
And if you have the stomach for it:
a tongue-bathing farewell “interview” of Lanny Breuer
as he
steps down fromcashes in on his years at DOJ.You nailed it! I saw that, took a quick look, and book-marked it to read for tomorrow’s Roundup–I just couldn’t stomach it today. Thnx so much for taking that off my to-do list, allan. Whew!
ubetchaiam left the link to this delightful story right at the end of last night’s Roundup. I’m bringing it forward so everyone can enjoy.
Aloha, fatster…! Another excellent job…! I mentioned the $60 Million in Syrian ‘Aid’ in my latest MENA Mashup…! I’d finally gotten off my duff…! ;-)
Result: “policies most favorable to the majority were those offered by the progressive wing of the Democratic caucus.
*sigh* Hello…?
Aloha, CTuttle. Thanks for letting us know about your new post.
@14–Yep. Ditto the sigh. Put a label on it, and . . .
Yes, there is competition, so it’s not for everyone. There are medals, prize money, etc., which are the definition of competition. Still, the Cliburn Competition and others have evolved as I pointed out. I think many of the competitors enter with little expectation of a medal or money, but want to be seen and heard nonetheless.
There is much more latitude nowadays for Cliburn competitors to tailor their repertoire as they want. Most of the limitations which remain are for practical reasons — e.g., there are still only the same four piano quintets to choose from. But the solo repertiore now is pretty much whatever the competitor wants to play, as long as the commissioned work is included in the semi-finals. So my observation about the “festival” venue is valid, I’d maintain. It’s not a cookie cutter approach anymore.
Some of the most interesting competitors didn’t win medals, or really need to for their careers, eg., Andrew Russo and Frederick Chiu. The exposure, which every one of them gets, may be most important. The media, presenters, etc., are present and hear the pianists as well as what’s said by the jurors. A prize may not impress all the time. Quirkiness sometimes does impress, even if it eliminated someone before the finals.
I have thought the silver medalists were often more interesting than the gold — Toradze far more than De Groote, by the way. And that 1977 competition was the most controversial of all from 1962 to today. The medalists going into teaching, which you mentioned, are somewhat of a disappointment I think, but it’s their choice.
Another aspect of competition, which people don’t think a lot about, is the jurors’ scoring process. The Cliburn’s process has changed radically since 2001. There is a software based system now which is fairer, less prone to manipulation by any juror, and which has been adopted by other piano competitions as well.
So I’d say most of the negative connotations about piano “competitions” have been mitigated at the Cliburn, or at least addressed. They’ll never be eliminated entirely at all piano competitions worldwide (there are a lot of them besides the Cliburn).
Re: my #16 is Re: #5 Kelly Canfield
http://www.guardian.co.uk/world/feedarticle/10681023
Scooter Libby can vote again. You all remember Scooter don’t you?
LOL. Thanks ever so much, AZ Matt.
It brought back old memories.
Didn’t it ever, AZ Matt! That cast of characters during the Bush-Cheney Error was sumpthin’ else again. And it went on for 8 long years.
Amazing that they found a rug large enough to sweep so much under, isn’t it?
I wonder how many have imagined science catching up to extinct species, and being able to reconstruct some of them? Well, it seems it will happen.
I had expected and hoped for such, but skeptical it could happen in my own lifetime.
http://sanfrancisco.cbslocal.com/2013/02/28/marin-environmentalist-says-we-are-learning-to-reverse-extinction/
That link about the accidental scientific discovery is a must see. I bumped into that about a month ago and I can’t wrap my head around all the possibilities. The production cost has been lowered for creating flat graphine by so much. It’ll find its way into more applications than I can think about.
Two angry old men, shouting at clouds.
comments at that, are funny…
“Maybe they could recreate moral and ethical leaders instead.”
replied to with
“I’ll give you a thumbs up for that, however, I’m pretty sure there’s a limit to science.”