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thinkahol *

Is the SEC Covering Up Wall Street Crimes? | Rolling Stone Politics - 0 views

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    Imagine a world in which a man who is repeatedly investigated for a string of serious crimes, but never prosecuted, has his slate wiped clean every time the cops fail to make a case. No more Lifetime channel specials where the murderer is unveiled after police stumble upon past intrigues in some old file - "Hey, chief, didja know this guy had two wives die falling down the stairs?" No more burglary sprees cracked when some sharp cop sees the same name pop up in one too many witness statements. This is a different world, one far friendlier to lawbreakers, where even the suspicion of wrongdoing gets wiped from the record.
thinkahol *

The Blog : How Rich is Too Rich? : Sam Harris - 0 views

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    I've written before about the crisis of inequality in the United States and about the quasi-religious abhorrence of "wealth redistribution" that causes many Americans to oppose tax increases, even on the ultra rich. The conviction that taxation is intrinsically evil has achieved a sadomasochistic fervor in conservative circles-producing the Tea Party, their Republican zombies, and increasingly terrifying failures of governance. Happily, not all billionaires are content to hoard their money in silence. Earlier this week, Warren Buffett published an op-ed in the New York Times in which he criticized our current approach to raising revenue. As he has lamented many times before, he is taxed at a lower rate than his secretary is. Many conservatives pretend not to find this embarrassing. Conservatives view taxation as a species of theft-and to raise taxes, on anyone for any reason, is simply to steal more. Conservatives also believe that people become rich by creating value for others. Once rich, they cannot help but create more value by investing their wealth and spawning new jobs in the process. We should not punish our best and brightest for their success, and stealing their money is a form of punishment. Of course, this is just an economic cartoon. We don't have perfectly efficient markets, and many wealthy people don't create much in the way of value for others. In fact, as our recent financial crisis has shown, it is possible for a few people to become extraordinarily rich by wrecking the global economy. Nevertheless, the basic argument often holds: Many people have amassed fortunes because they (or their parent's, parent's, parents) created value. Steve Jobs resurrected Apple Computer and has since produced one gorgeous product after another. It isn't an accident that millions of us are happy to give him our money. But even in the ideal case, where obvious value has been created, how much wealth can one person be allowed to keep? A trillion doll
thinkahol *

To Occupy and Rise - 0 views

shared by thinkahol * on 30 Sep 11 - No Cached
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    The Occupy Wall Street movement is well into its second week of operation, and is now getting more attention from media as well as from people planning similar actions across the country. This is a promising populist mobilization with a clear message against domination by political and economic elites. Against visions of a bleak and stagnant future, the occupiers assert the optimism that a better world can be made in the streets. They have not resigned themselves to an order where the young are presented with a foreseeable future of some combination of debt, economic dependency, and being paid little to endure constant disrespect, an order that tells the old to accept broken promises and be glad to just keep putting in hours until they can't work anymore. The occupiers have not accepted that living in modern society means shutting up about how it functions. In general, the occupiers see themselves as having more to gain than to lose in creating a new political situation - something that few who run the current system will help deliver. They are not eager for violence, and have shown admirable restraint in the face of attack by police. There may be no single clear agenda, but there is a clear message: that people will have a say in their political and economic lives, regardless of what those in charge want. Occupy Wall Street is a kind of protest that Americans are not accustomed to seeing. There was no permit to protest, and it has been able to keep going on through unofficial understandings between protestors and police. It is not run by professional politicians, astroturfers, or front groups with barely-hidden agendas. Though some organizations and political figures have promoted it, Occupy Wall Street is not driven by any political party or protest organization. It is a kind of protest that shows people have power when they are determined to use it. Occupy Wall Street could be characterized as an example of a new type of mass politics, which has been seen in
thinkahol *

In Japan, Capitalists Fall Out of Love With Free Markets - NYTimes.com - 0 views

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    Japanese executives were outraged at the prospect of banks taking losses on loans to the company that produced a nuclear catastrophe. This used to be how free markets worked.
thinkahol *

The Decade Of Magical Thinking - The Rumpus.net - 0 views

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    A Rumpus Lamentation on What We Lost Say you took the long view of September 11, 2001, the view from the heavens, the view of a compassionate celestial being. From up there, you'd see that approximately 150,000 earthlings died that day. Most of these deaths were caused by malnutrition and age-related illnesses, roughly 1500 were murders, hundreds more were due to civil wars. Also, 2,977 Americans were killed in terrorist attacks on New York City and Washington. *** A lot of human beings died, that's my point. They all left behind mourners. Imagine the mother who watched her child die of hunger. Here's this tiny person, a daughter. She has a name, a face. She doesn't explode or fall from a skyscraper. She simply stops breathing. No cameras record her final moment, the lamentation of that mother. These images are not replayed on the television over and over and over. What would be the point of that? *** I recently went on a radio program to discuss the literature of 9/11. The host spent most of the hour chatting with people about their memories. They all talked about watching television. They were telling personal stories about watching television.
The Ravine / Joseph Dunphy

Binyam Mohamed: The false martyr - The Long War Journal - 0 views

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    This link is not an endorsement; the author is writing propaganda. What you should keep in mind as you read this post is precisely what the author would have you forget - that the victim "confessed" to the acts that supposedly justified his torture, as he was being tortured, on behalf of the US government. That part, so far, doesn't really seem to be in dispute. Only the rightness of torturing confessions out of prisoners - and then playing make believe, and pretending that those are real confessions - seems to be, leaving us to ask "didn't the Middle Ages end a few centuries ago". Don't we all basically know what history shouldn't have had to teach our ancestors - that if you inflict enough pain on somebody, he'll say just about anything to make the pain stop? To attach the word "fascism" to a political ideology that supports this sort of thing is in no way excessive, and that's why I'm linking to this article. Watch the way in which the author, with not a single fact in support of his position, blusters his way past reality, treating a torture extracted confession as a source of unimpeachable truth, and gets you to not notice that he has done so. Learn how this creep works his magic, and when the next creep comes along, you'll be less likely to fall under his spell. Oh, and yes - this is the second penis related story to come out of Africa to be seen on this microblog in a row. Nothing deliberate in this; you're just getting the stories as I find them. Wondering if this one is going to be the start of a trend. Remembering Anthropology 100 back in undergrad, and some of its more graphic descriptions of body modification rituals on the continent, I suppose that's a possibility. One I'd really rather not explore more than absolutely necessary, but when somebody ends up being held prisoner and tortured for seven years because he visited a parody site, I think we need to get past our squeamishness and say something about that.
Ian Schlom

Billionaires gain as living standards fall - 0 views

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    This article has some very interesting and compelling statistics.
Arabica Robusta

Populism and the enchanted world of 'moderate politics' | openDemocracy - 1 views

  • I essentially question the epistemological flaws surrounding the uses of the notion: when is it safe to call a politician, a political party or movement ‘populist’?
  • The stakes are high because to label someone as ‘populist’ is to imply that s/he is somehow a potential or real enemy of representative democracy. My critic refers to the ‘pernicious effects’ of populism which underlines the notion’s very negative connotation. Let me here reply to Catherine Fieschi’s major criticisms.
  • Cas Mudde, one of the major specialists on the subject, concedes that populism is a ‘thin-centred ideology’.
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  • According to Michael Freeden’s ‘morphological analysis’, an ideology has its own ‘ineliminable’ core of values exercising control, with logically and culturally adjacent concepts that are further connected to peripheral concepts.
  • To point out that populism does not have the depth and sophistication of a political ideology is in no way an attempt to suggest that this is a ‘wishy-washy’ notion, even less to ‘to discourage analysts’, let alone ‘to bamboozle democrats’ as Catherine Fieschi alleges. No, it simply means testing the epistemological merits of the notion in order to reveal its heuristic limits.
  • In the 1930s, millions marched behind the banners of Fascism and Communism. Today, no one would die for a populist cause. Populism is no ideology simply because it offers no positive worldview. It is just a means to an end, a device to appeal to the masses.
  • Think for a moment: aren’t those amorphous policies of ‘mainstream’ parties responsible for their rising unpopularity and their decreasing credibility? Why should political scientists uncritically use the media clichés about ‘reasonable moderates’ opposing ‘undemocratic radicals/populists’?
  • It is a fact that populists thrive on ‘wounded’ democracies. But ‘wounded’ democracies are imperfectly run polities, where economic inequalities are dire, and where the elites have often broken their promises. Thus let’s not forget who provoked the ‘democratic fracture’ in the first place. Why do some political scientists seem oblivious to the fact that the ‘moderates’ who let down their electorates are mainly responsible for their own demise?
  • Again, the task of the political scientist should not be to condone or condemn this state of affairs, but to try to understand why people feel so disenfranchised. Consequently, the researcher should tackle and discuss the policies which make those populations suffer. Unfortunately, this is not something which most political scientists seem in the least concerned about. ‘Not to laugh, not to lament, not to detest, but to understand’ said Spinoza. Before looking down on the disoriented and angry voters who fall for the demagogues or dismissing all ‘radicals’ as undisputed ‘populists’, it would indeed be worth pausing for a moment to understand how those agents feel and to ask what they want. Political scientists should also wonder why more and more ‘moderate’ voters no longer believe in the enchanted world of ‘moderate politics’.
thinkahol *

The Unnecessary Fall | The New Republic - 0 views

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    A counter-history of the Obama presidency.
Levy Rivers

Tom Watson MP » Blog Archive » Power of Information: New taskforce and speech - 0 views

  • We commissioned Ed Mayo and Tom Steinberg to write the Power of Information report because we knew that information, presented in the right way, was a potent driver for improving public services and government.
  • Today I am going to offer two arguments that I think compliment the Prime Minister’s recent announcement on public service reform
  • Firstly, that freeing up data will allow us to unlock the talent British entrepreneurs. And secondly, engaging people - using the simple tools that bring them together - will allow the talents of all our people to be applied to the provision of public services.
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  • The difference of course is that today we contend with what Richard Saul Wurman describes as a ‘tsunami of data’
  • My job is to make sure that government can benefit from this new thinking too. When we were first elected in 1997 people had a recipient relationship with data, they got what they were given when they were given it. It was static.
  • In scale, the spread of social media is comparable to the spread of telephones in the 1930’s to the 1950’s. Yet it’s happened in two years not 20.
  • As Clay Shirky would say, we’ve reached a point where technology is simple and boring enough to be socially useful and interesting.
  • Over 7 million electronic signatures have been sent, electronically, to the Downing Street petition website. 1 in 10 citizens have emailed the Prime Minister about an issue. The next stage is to enable e-petitioners to connect with each other around particular issues and to link up with policy debates both on and off Government webspace.
  • Only last week, the Prime Minister became the first head of Government in Europe to launch his own channel on Twitter, which I can tell you from experience, is extremely useful to his ministers at least
  • Richard is here tonight and I hope that after the formal proceedings you might like to share some of your own ideas with him. Richard is also joined by a number of other taskforce members. They’re all people with remarkable track records in this field. We’re lucky. The UK has some of the world’s leading talent.
  • And today the PM announced an initiative that would allow you to find your community Bobbies using your postcode.
  • The taskforce will bring its expertise to bare on existing initiatives to see if we can what we already do better
  • I want the taskforce to ensure that the COI and Cabinet Office produce a set of guidelines that adheres to the letter of the law when it comes to the civil service code but also lives within the spirit of the age. I’ll be putting some very draft proposals to the taskforce to consider later this week.
  • By bringing people onto the taskforce with the skills and experiences of people like Sally Russell we can move further and faster in this area.
  • Two weeks ago the Prime Minister signalled that we were moving public services to the next stage of reform. He said that we were not only going to, further enhance choice but also empower both the users of services and all the professionals who deliver them - to drive up standards for all.
  • Transformational government is about wrapping services around the citizen, not citizens around the services.
  • Last month DirectGov had over 7 million visitors. Peter is seeing the aggregate desires of millions of UK public service using citizens. I had half an hour with him a fortnight ago and came away with a dozen ideas as to how we can improve our public services.
  • I’m the Member of Parliament for West Bromwich East and I didn’t know about an important recycling initiative going on in my own patch. This information now means that a bag load of clothing for a small child and a habitat sofa are about given a second chance to give pleasure.
  • And much of that information has the potential to be reused in data mashups. Some of it already is, like Hansard on theyworkforyou, or Google Maps using Ordnance Survey data.
  • The Power of Information Report recognised that, and made recommendations to the Treasury. The Treasury, with the Department for Business, Enterprise and Regulatory Reform, published an independent economic study in the Budget and announced its intention to look at these issues during this spending review cycle.
  • It was this early open source approach that arguably fostered 500 years of Islamic scholarship in important fields like medicine, astronomy, lexicography, literature and science. In contrast, European data was stored in monasteries and did not foster easy knowledge transfer. As Gibbon wrote in the ‘Decline and fall of the Roman empire’ the ‘age of Arabian learning continued about five hundred years’ and was coeval with the darkest and most slothful period of European annals?
  • I believe in the power of mass collaboration. I believe that as James Surowiecki says the many are smarter than the few. I believe that the old hierarchies in which government policy is made are going to change for ever. I said that I don’t believe the post-bureaucratic age argument. It’s just old thinking, laissez faire ideas with a new badge. The future of government is to provide tools for empowerment, not to sit back and hope that laissez-faire adhocracy will suffice.
  • The irony that laying claim to the ownership of a policy on open source was lost to the poor researcher who had spent a day dissecting the speech. He’d been able to do so easily because it was freely available on my blog, a simple tool used for communicating information quickly and at nearly zero cost without the requirement to charge for access. The point is, who cares? It doesn’t matter who has the ideas. It’s what you do with them and how you improve on them that counts.
Skeptical Debunker

Rough Water - 0 views

  • For most of the last 1,500 years, the river supported a sustainable salmon economy. Salmon were at the heart of all the Klamath’s tribal cultures, and Indians were careful not to over-harvest them. Each summer, the lower Klamath’s Yurok and Hoopa tribes blocked the upstream paths of spawning salmon with barriers; then, after ten days of fishing, they removed the barriers, allowing upstream tribes to take their share. As the salmon completed their lifecycle, dying in the waters where they’d been spawned, they enriched the watershed with nutrients ingested during years in the ocean. Among the beneficiaries were at least 22 species of mammals and birds that eat salmon. Even the salmon carcasses that bears left behind on the riverbanks fertilized trees that provided shade along the river’s banks, cooling its waters so that the next generation of vulnerable juvenile salmon could survive. “We tried to go to court, to go through the political process, but it didn’t work. …The big issues were still out there, and we still had to resolve them.” Salmon’s biological family may have started in the age of dinosaurs a hundred million years ago. They’ve survived through heat waves and droughts, in rivers of varying flow, temperature, and nutrient load – but they were as ill-prepared for Europeans’ arrival as the Indians themselves. Gold miners who showed up in the mid-nineteenth century washed entire hillsides into the river with high-pressure hoses and scoured the river’s bed with dredges. Loggers dragged trees down streambeds, causing massive erosion, and dumped sawdust into the river, smothering incubating salmon eggs. Cattle grazed at the river’s edge, causing soil erosion and destroying shade-giving vegetation. Farmers diverted water to feed their crops. The dams were the crowning blows. Between 1908 and 1962, six dams were built on the Klamath. The tallest, the 173-foot-high Iron Gate, is the farthest downstream, and definitively blocked salmon from the river’s upper quarter – after it was built, the river’s salmon population plummeted. In addition, the dams devastated water quality by promoting thick growths of toxic algae in the reservoirs. For Klamath basin farmers, however, the dams were deemed indispensable, as they generated hydropower that made pumping of their irrigation water possible.To the farmers, the potential loss of the dams’ hydropower was considered no less crippling than an end to Klamath-supplied irrigation.
  • For most of the last century, the farmers were oblivious to the damage that dams and water diversions caused downstream, while the tribes and commercial fishermen quietly seethed. The annual salmon run, once so abundant that people caught fish with their hands, was roughly pegged at more than a million fish at its peak; in recent years it has dropped to perhaps 200,000 in good years, and as low as 12,000 – below the minimum believed necessary to sustain the runs – in bad years. Spring Chinook, which once comprised the river’s dominant salmon run, entirely disappeared. Two fish species – the Lost River sucker and the shortnose sucker – that once supported a commercial fishery, were listed as endangered in 1988. Coho salmon were listed as threatened nine years later. All this has had a devastating impact on the tribes. Traditionally able to sustain themselves throughout the year on seasonal migrations of the river’s salmon, trout, and candlefish, tribal members suffered greatly as the runs declined or went extinct. For four decades beginning in 1933, the tribes were barred from fishing the river even as commercial fishermen went unrestricted. Members of the Karuk tribe once consumed an estimated average of 450 pounds of salmon a year; a 2004 survey found that the average had dropped to five pounds a year. The survey linked salmon’s absence to epidemics of diabetes and heart disease that now plague the Karuk. The 2001 cutoff left farmers without irrigated water for the first time in the Klamath Project’s history. Over the next four months, many farmers performed repeated acts of civil disobedience, most notably when a bucket brigade passed pails of banned water from its lake storage to an irrigation canal while thousands of onlookers cheered. The protests attracted Christian-fundamentalist, anti-government, and property rights advocates from throughout the West; former Idaho Congresswoman Helen Chenoweth-Hage likened the farmers’ struggle to the American Revolution.
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  • A year later, it was the tribes’ and fishermen’s turn to experience calamity. According to a Washington Post report, Vice President Dick Cheney ordered Interior Department officials to deliver Klamath water to Project farmers in 2002, even though federal law seemed to favor the fish. Interior Secretary Gale Norton herself opened the head gates launching the 2002 release of water to the Project, while approving farmers chanted, “Let the water flow!” Six months later, the carcasses of tens of thousands of Chinook and Coho salmon washed up on the riverbanks near the Klamath’s mouth, in what is considered the largest adult salmon die-off in the history of the American West. The immediate cause was a parasitic disease called ich, or “white spot disease,” commonly triggered when fish are overcrowded. Given the presence of an unusually large fall Chinook run in 2002 and a paucity of Klamath flow, the 2002 water diversion probably caused the die-off. Yurok representatives said that months earlier they begged government officials to release more water into the lower river to support the salmon, but were ignored. photo courtesy Earthjustice In 2002, low water levels on the Klamath led to the largest adult salmon die-off in the history of the American West. The die-off deprived many tribes-people of salmon and abruptly ended the river’s sport-fishing season, but its impact didn’t fully register until four years later, when the offspring of the prematurely deceased 2002 salmon would have made their spawning run. By then the Klamath stock was so depleted that the federal government placed 700 miles of Pacific Ocean coastline, from San Francisco to central Oregon, off limits to commercial salmon fishing for most of the 2006 fishing season. As a result, commercial ocean fishermen lost about $100 million in income, forcing many into bankruptcy. Even more devastating, a precipitous decline in Sacramento River salmon led to the cancellation of the entire Pacific salmon fishing season in both 2008 and 2009. The Klamath basin was in a permanent crisis. It turned out that desperation and frustration were perfect preconditions for negotiations. “Every one of us would have rolled the others if we could have,” Fletcher, the Yurok leader, says. “We all tried to go to court, to go through the political process, but it didn’t work – we might win one battle today and lose one tomorrow, so nothing was resolved. We spent millions of dollars on attorneys, plane tickets to Washington, political donations, but it didn’t make any of us sleep any better, because the big issues were still out there, and we still had to resolve them.”
  • In January 2008, the negotiators announced the first of two breakthrough Klamath pacts: the 255-page Klamath Basin Restoration Agreement. In it, most of the parties – farmers, three of the four tribes, a commercial fishermen’s group, seven federal and state agencies, and nine environmental groups – agreed to a basic plan. It includes measures to take down the four dams, divert some water from Project farmers to the river in return for guaranteeing the farmers’ right to a smaller amount, restore fisheries habitat, reintroduce salmon to the upper basin, develop renewable energy to make up for the loss of the dams, and support the Klamath Tribes of Oregon’s effort to regain some land lost when Congress “terminated” its reservation in 1962. This was a seminal moment, a genuine reconciliation among tribal and agricultural leaders who discovered that the hatred they’d nursed was unfounded. “Trust is the key,” says Kandra, the Project farmer who went from litigant to negotiator. “We took little baby steps, giving each other opportunities to build trust, and then we got to a place where we could have some really candid discussions, without screaming and yelling – it was like, ‘Here’s how I see the world.’ Pretty valuable stuff. The folks that developed those kinds of relationships got along pretty good.” Still, one crucial ingredient was missing: Unless PacifiCorp agreed to dismantle the dams, river restoration was impossible, and the pact was a well-intentioned, empty exercise. But PacifiCorp now had compelling reasons to consider dam removal. Not only was relicensing going to be expensive, but Klamath tribespeople were becoming an embarrassing irritant, in two consecutive years interrupting Berkshire Hathaway’s annual-meeting/Buffett-lovefests in Omaha with nonviolent protests that won media attention. Also, the Bush administration, customarily no friend of dam removal, signaled its support for a basin-wide agreement. Negotiations between PacifiCorp and mid-level government officials began in January 2008, but made little progress until a meeting in Shepherdstown, West Virginia four months later, when for the first time Senior Interior Department Counselor Michael Bogert presided. As Bogert recently explained, President Bush himself took an interest in the Klamath “because it was early on in his watch that the Klamath became almost a symbol” of river basin dysfunction. To Bush, the decision to support dam removal was a business decision, not an environmental one: The “game-changer,” Bogert said, was the realization that because of the high cost of relicensing, dam removal made good fiscal sense for PacifiCorp. That fact distinguished the Klamath from other dam removal controversies such as the battle over four dams on Idaho’s Snake River, whose removal the Bush administration continued to oppose.
  • In November 2008, when then-Interior Secretary Dirk Kempthorne announced a detailed agreement in principle with PacifiCorp to take down the dams, he acknowledged that he customarily opposed dam removal, but that the Klamath had taught him “to evaluate each situation on a case-by-case basis.” In September 2009, Kempthorne’s successor, Ken Salazar, announced that PacifiCorp and government officials had reached a final agreement. PacifiCorp and the many signers of the earlier Klamath Basin Restoration Agreement then ironed out inconsistencies between the two pacts in a final negotiation that ended with a final deal in January 2010.
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    Maybe the Klamath River basin would have turned itself around without Jeff Mitchell. Back in 2001, at the pinnacle of the conflict over the river's fate, when the Klamath earned its reputation as the most contentious river basin in the country, Mitchell planted a seed. Thanks to a drought and a resulting Interior Department decision to protect the river's endangered fish stocks, delivery of Klamath water to California and Oregon farmers was cut off mid-season, and they were livid. They blamed the Endangered Species Act, the federal government that enforced it, and the basin's salmon-centric Indians who considered irrigation a death sentence for their cultures. The basin divided up, farmers and ranchers on one side, Indians and commercial fishermen on the other. They sued one another, denounced one another in the press, and hired lobbyists to pass legislation undermining one another. Drunken goose-hunters discharged shotguns over the heads of Indians and shot up storefronts in the largely tribal town of Chiloquin, Oregon. An alcohol-fueled argument over water there prompted a white boy to kick in the head of a young Indian, killing him.
Skeptical Debunker

Bankers winning financial reform battle - Answer Desk- msnbc.com - 0 views

  • Proponents of comprehensive regulatory reform hope for sweeping measures to protect consumers from predatory lending, rein in high-stakes Wall Street trading in arcane derivatives, boost capital requirements for banks that want to bet big with depositors' money and spread some regulatory sunshine on the dark pools of the “shadow banking system” that caught regulators flat-footed when the market spiraled into the abyss in the fall of 2008. “We cannot afford to let the status quo continue,” Sheila Bair, head of the Federal Deposit Insurance Corp., told a meeting of business economists in Washington. The final law is still in doubt. Sen. Christopher Dodd, D-Conn., has pressed for reform during a year of intensely partisan bickering. On Friday, Dodd — a lame duck who announced his retirement after disclosures that he accepted favorable terms from subprime lender Countrywide Financial — claimed that the Senate Banking Committee he chairs was “days away” from wrapping up a bill. Any resolution faces a major political hurdle that has drawn the most public attention: a proposal to create a new agency to protect consumers from predatory lending and other abusive financial practices. While the "systemic risks" to the financial system may represent a bigger threat in dollar terms, voters might be more focused on the consumer impact.Dodd said that’s not hard to understand.“The subject matter of derivatives and swaps and the issue of systemic risk and too-big-to- fail seem somewhat removed from the general public,” he told CNBC after the Senate compromise was reached. “Watching my credit card go to 32 percent rates and huge fees, watching prepayment penalties on mortgages, these are things that millions of people understand.”
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    As Congress this week inches toward a new set of rules to avert another global financial collapse, it is focused on two conflicting goals: reforming the banking system to protect consumers while still giving lenders the freedom to take risks. So far the score looks like: Bankers 1, Consumers 0. More than a year after a wave of risky mortgage bets brought Wall Street to its knees, banks and other financial institutions are still playing by the same rules that got them into the mess.
rich hilts

WikiLeaks Assange - World Falling Apart? - 2 views

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    Did he go too far? Is he being persecuted? About the rape charges - did he? Didn't he? What's the latest? The latest that we have been able to garner about the charges so far is that he was acc....
Bakari Chavanu

Skepticblog » Capitalism-A Propaganda Story - 0 views

  • When Michael Moore said that capitalism should be replaced by democracy, it didn’t make the most sense, I agree. However, it is well known that the economic system of socialism change how effective a political system works. Captialism, when allowed to go to extremes can also interfere with our political system.
  • Suggestion #1 Shermer should stay out of politics and economics. #2 He and all of you should read this: How the Servant Became a Predator, Finance’s Five Fatal Flaws By William K. Black Assoc. Professor, Univ. of Missouri, Kansas City
  • Michael Moore is a fantastic skeptic. He doesn’t fall for the cultural mythologies of our age. The fervor that some people hold for their favorite economic systems is much akin to that held for religions. People get bent all out of shape when someone is sacrilegious enough to point out the problems and disconnects within their worshipped system. Some people think that there is some kind of magical something or other to their economic system that makes it function automatically. When you go looking for the “man behind the curtain”, you find out how frail the system really is.
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  • The microeconomics that drive the lives of ordinary people and businessmen do not necessarily coordinate with the macroeconomic needs of a nation.
  • In this latest installment in his continuing series of what’s wrong with America, Michael Moore takes aim at his biggest target to date, and the result is a disaster. The documentary is not nearly as funny as his previous films, the music selections seem contrived and flat, and the edits and transitions are clumsy, wooden, and not nearly as effective as what we’ve come to expect from the premiere documentarian (Ken Burns notwithstanding) of our time. And, most importantly, the film’s central thesis is so bad that it’s not even wrong.
  • Even if people were more educated individual behavior is determined by the structure of society.
  • I fail to see how businesses only operate without coercion. Businesses only operate without coercion if they have been coerced to do so. There are many examples in history of businesses taking as much control of their employees’ lives as possible. It is only due to government regulation that we do not have more businesses treating employess as property as some coal mines once did.
  • If we ask which economic system produces the greatest human well-being, the overwhelming evidence is already in: we know economic libertarianism doesn’t work. The only serious question, the only question for critical thinkers, is what balance between state and market (assuming we can even make a meaningful distinction between them in some cases) is ideal?
  • Both are idealistic, purist and pseudo-rational systems of belief that were the basis of the greatest ideological divide of the 20th century. I think it’s time we grew up from both and set about the hard task of finding out how to really make an economic system work for us, and not the other way around.
  • In general, libertarians seem to have a blindspot when it comes to noticing the self-serving aspects of their beliefs. They often spout words like “liberty” and “freedom” without even considering that they might be truly wanting “liberty” from responsibility toward others and “freedom” from paying back the society that has often served their interests quite well.
Matt Schrader

YouTube - Fall Sweeps - 0 views

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    An investigation into the City of Los Angeles's street cleaning double standard: failure to sweep streets on the designated days but strict enforcement of cars parked along them.
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