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Yee Sian Ng

Behold Cap'n Barack Obama the crafty trimmer | Andrew Sullivan - Times Online - 0 views

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    "If I were to describe the first year of Barack Obama's presidency, it would be as that of a trimmer. He represented change - but not the radical kind the left wanted or the revolutionary kind the right still suspects. In the wake of the rigid, white-knuckled George W Bush and Dick Cheney, he appeared as a lithe and nimble, cat-like creature. Time after time he seems to have given way to opponents and to have bent too easily in the prevailing winds.\n\n[...]\n\nAll the way he seemed weak, reactive, vacillating, vague. He has given his supporters as little emotional satisfaction as he has given some of his allies (Britain included). In fact, he has driven his friends a little crazy and allowed his enemies to greet his open hand with contempt. He has bent to the prevailing winds and not picked battles when he was unsure he could win them. But in the end there isn't weakness here. There is a suppleness and pragmatism that is a kind of strength."
Skeptical Debunker

For better trade, give peace a chance - 0 views

  • Trade's effect on military conflict is one of the most important issues in international relations. The last decade has seen research and debate into the role of trade intensify; Liberals argue that trade brings peace, neo-realists and neo-Marxists reason that trade brings conflict, and classical realists contend that trade has no impact. This debate is not just academic: some key U.S. policymakers (Senator McCain and former President Clinton for instance) believe that trade brings peace, a view that contributes to their support for free trade. Economists developed bilateral trade models in isolation from models of interstate conflict, which were the work of political scientists. These two types of models handle distance between nations differently. Bilateral trade takes its cue from Isaac Newton's formula for the gravitational attraction between two objects: the larger the objects' masses and the shorter the distance between them, the larger the attraction. So the larger the trade partners' economies and the closer they are to one another, the greater their trade. However, conflict models instead incorporate shared borders by land or close distance over water (contiguity) - stressing the role of border disputes in sparking interstate conflict. Distance is included in conflict equations based on the idea that an army gets weaker the farther it strays from its base, but what point in a nation to pick for the trade and conflict equation is unclear. Often theorists use the distance between capital cities, which is problematic: wars generally happen around borders where armies are often based, and capitals have historically changed without this altering the likelihood of war between the nation and its neighbours. The authors suggest that the trade data set plugged into trade and conflict equations is critical. This type of data often contains gaps - there are a number of reasons why data from a particular nation might be unavailable, inevitably leaving researchers to make assumptions. The majority of trade and conflict studies define conflict to include all types of militarised interstate disputes (MIDs). But Keshk, Reuveny, and Pollins question the results generated when different conflict definitions are chosen. For instance, a conflict such as a threat to use nuclear weapons would not cause fatalities, but may still have some impact on trade and vice versa. In fact, by altering the data treatment and assumptions in the equation, the authors generated a variety of results, which supported several different theoretical viewpoints. The authors suggest that future research should investigate questions of missing bilateral trade data, and attempt a more subtle use of the meaning of "military conflict". Researchers might also develop distance and contiguity measures at a more sophisticated level. "Any signal that trade brings peace remains weak and inconsistent, regardless of the way proximity is modelled in the conflict equation. The signal that conflict reduces trade, in contrast, is strong and consistent," say the authors. "Any study of the effect of trade on conflict that ignores the reverse fact is practically guaranteed to produce estimates that contain simultaneity bias." Studies of the relationship between international trade and military conflict can be traced back many centuries, particularly in the works of luminaries such as de Montesquieu, Immanuel Kant, John Hobson, Vladimir Lenin, Henry Morgenthau, Kenneth Waltz, Frederic List, and Albert Hirschman. This latest study emphasises that international politics are affecting trade between nation pairs, while it is far less obvious whether trade systematically affects politics. "To our colleagues from the liberal camp we would like to say that we still believe there are limited circumstances in which more trade may help lead countries to more peaceful resolutions of their differences, particularly if they are already at peace," the authors state. "However, it is past time for academics and policymakers to look beyond the naive claim that the cultivation of trade ties will always and everywhere produce a more peaceful world."
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    Liberal theorists and politicians have long argued that trade leads to peaceful relations between nations - a view that informs the push for free trade. However, many international relations experts dispute this claim. New US research out today, in the journal Conflict Management and Peace Science published by SAGE, finds that rather than trade being the driver, peace is actually the vital ingredient that allows trade to flourish.
Skeptical Debunker

Time for Democrats to take a risk - CNN.com - 0 views

  • Reconciliation was created through the Budget Reform Act of 1974 in an effort to streamline the budget process, strengthen the ability of Congress to make tough decisions regarding deficits, and to make legislative decision-making more efficient. Congress quickly expanded on the types of measures that could be considered under reconciliation until 1985 and 1986, when the Senate passed rules proposed by Sen. Robert Byrd that limited what could or could not be included when using this process. Before moving forward, Democrats must consider two questions. The first is whether using reconciliation to pass health care is legitimate or an abuse of the process. Republicans have charged that this would be akin to forcing the program through the chamber rather than passing the bill through negotiation and compromise. On this question, the answer is easy. Reconciliation has been as much a part of the Senate in the past three decades as the filibuster. According to an article that was published in The New Republic, Congress passed 22 reconciliation bills between 1980 and 2008. Many important policy changes were enacted through this process, including the Children's Health Insurance Program, COBRA (which allows people who switch jobs to keep their health care), student aid reform, expansions in Medicaid and several major tax cuts. NPR's Julie Rovner reported that most of the health care reforms enacted in the past two decades have gone through reconciliation. President Ronald Reagan was one of the first presidents to make aggressive use of reconciliation when he pushed through his economic program in 1981. Senate Majority Leader Howard Baker said then that speed had been essential because "Every day that this is delayed makes it more difficult to pass. This is an extraordinary proposal, and these are extraordinary times." Presidents Jimmy Carter, George H.W. Bush, Bill Clinton and George W. Bush all used reconciliation as well. It is worth noting that these presidents, particularly George W. Bush, also made use of sweeping executive power to circumvent Congress altogether. The second question is more difficult and it involves perceptions. If the Democratic leadership wants to use this tactic, they have to convince enough members of their own party that this won't scare off independent voters. This argument was harder to make in 2009 than in 2010. But after a year of dealing with paralysis in the Senate and highly effective Republican obstruction, more Democrats are coming on board. The leadership must be proactive in responding to the criticism about reconciliation. They will have to explain that reconciliation is a legitimate process by pointing to the history. They will also have to connect the dots for voters frustrated with the ineffective government by explaining that the constant use of the filibuster has turned the Senate into a supermajority institution where both parties have found it extraordinarily difficult -- virtually impossible -- to pass major legislation.On this point, Republicans and Democrats actually agree. Indeed, as Democrats make this decision, Kentucky Republican Senator Jim Bunning is objecting to a unanimous consent order and single-handedly preventing the Senate from passing an important bill to assist unemployed workers.
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    After the Republicans and Democrats met at the White House summit on health care, it was clear that the parties are very far away from a bipartisan agreement. Indeed, few participants walked away with the sense that they were any closer to a deal. The White House did make clear that it was willing to move forward on health care without Republican support. The choice now becomes whether Democrats should use the budget reconciliation process to pass some parts of health care legislation. According to recent reports, Democrats are considering having the House pass the bill that was already approved in the Senate and then dealing with a package of additional reforms through reconciliation.
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    Get that? The current "god" of conservatism - Ronald Reagan - used reconciliation aggressively. So if it was good enough for him ...
Omnipotent Poobah

Timmy Has Fallen Down the Well - 1 views

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    Through long and ignominious tradition, the US has selected people for cabinet positions based on a combination of nepotism and party loyalty. Products of this system include luminaries like former FEMA director, Michael Brown. But sometimes there are qualified cabinet nominees installed for all the wrong reasons. Treasury Secretary Tim Geithner is a useful example.
Umer Iqbal

iNews 24/7: Michael Jackson's Secret Revealed - 0 views

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    The FBI's explosive, secret dossier on Michael Jackson was made public yesterday and includes sickening and surprising allegations involving the kiddie-molestation raps against the superstar.
Skeptical Debunker

Switzerland Keeping the Secrets of Alleged Tax Evaders - Yahoo! News - 0 views

  • Pick a dictator, almost any dictator - Cuba's Fulgencio Batista, the Philippines' Ferdinand Marcos, Haiti's Papa and Baby Doc Duvalier, the Shah of Iran, Central African Republic Emperor Jean-BÉdel Bokassa - and they all have this in common: they allegedly stashed their loot in secret, numbered accounts in Swiss banks, safely guarded by the so-called Gnomes of Zurich. This association - of bank secrecy and crime - has been fed into the public's imagination by dozens of books and movies. It's a reputation that rankles the Swiss, who have a more benevolent view of their commitment to privacy - one that happens to extend to tax privacy. Don't ask, because we won't tell. But the dramatic federal investigation of Switzerland's UBS has blown the lid off bank secrecy - and revealed how Swiss banks abet tax evasion on a far more widespread, if more banal, level. Over the past two decades, these secret banking services have been peddled progressively downmarket - first to the lesser-known fabulously wealthy, then to just the wealthy; more recently, private bankers have been tripping over themselves soliciting business from doctors, lawyers and other folks who are what the biz generally calls "high net worth" individuals. "The IRS has been concerned for decades that a combination of a global economy, the Internet, offshore banking, was really going to take offshore tax evasion from the old so-called 'gentlemen's sport' to tax evasion for the masses," says Mark Matthews, a former deputy IRS commissioner and now a tax attorney with Morgan, Lewis & Bockius LLP.
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    The federal investigation into UBS, which led to a $780 million fine and an agreement to turn over the names of more than 4,450 suspected tax cheats, is now in tatters after Swiss courts ruled against the executive-branch deal. To get around it, a special law has been proposed to accomplish the handoff, but that may not get anywhere in the legislature either. One outcome is already known: tax evasion had become a key service of the Swiss economy, not some isolated event. "They have been outed completely because a very large chunk of their business has been shown to include people cheating on taxes," says Jack Blum, a tax-haven expert. Being "reasonably conservative," he estimates 30% of Swiss banking is related to tax evasion, a figure that jibes with recently released bank data. These revelations come as the financial meltdown has punched a huge hole in projected revenues for governments, which are suddenly a whole lot less tolerant of tax cheats. That's particularly true in Germany, whose wealthy account for a significant portion (at least 10%) of the $1.8 trillion in Swiss banking assets. That translates into hundreds of millions in lost revenue and is the reason the German Finance Minister recently thundered, "There's no future for bank secrecy. It's finished. Its time has run out." The Swiss are not going to be so easily convinced. The Swiss government has already warned that it will not cooperate with German authorities if they go ahead with plans to purchase purloined data about Germans with Swiss bank accounts.
Ahmad Al-Shagra

Collateral Murder - 0 views

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    A classified US military video depicting the indiscriminate slaying of over a dozen people in the Iraqi suburb of New Baghdad -- including two Reuters news staff.
thinkahol *

Incipient Fascist State - 0 views

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    Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan's first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University. He was awarded the Legion of Honor by French President Francois Mitterrand.
thinkahol *

Young Protesters Revolt in Yemeni Capital - 0 views

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    Young protesters in Yemen squared off against security forces on Sunday, and some marched on the presidential palace in Sana, witnesses said, as a third day of demonstrations sought to emulate the revolution in Egypt. The protests, organized largely by way of text messages, were the largest yet by young Yemenis, with more than 1,000 marching. And it appeared to mark a rift with opposition groups who had organized previous demonstrations that wrested significant concessions from President Ali Abdullah Saleh, including the promise that he would relinquish power in 2013.
thinkahol *

Tunisian Opposition Activist: "Is Democracy Possible in the Arab World? Tunisians from ... - 0 views

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    Tunisia has announced an interim national unity government days after a popular revolt ousted the president from power in the first Middle East revolution in a generation. President Zine El Abidine Ben Ali fled Tunisia on Friday after a month of unprecedented protests gripped the country. Thousands took to the streets to demonstrate against unemployment, high food prices, corruption and government repression. At least 80 people were killed in a crackdown by government security forces. We go to the capital city Tunis to speak with opposition activist, Fares Mabrouk. [includes rush transcript]
thinkahol *

LRB · Stephen Holmes · Free-Marketeering - 0 views

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    The anti-globalisation movement suffered a dizzying setback on 9/11. Symbolic gatecrashing into the well-guarded meeting places of the super-rich suddenly seemed a much more sinister activity than before. Busting up branches of Starbucks and other Seattle-style antics became anathema in an atmosphere of injured and vindictive patriotism. But Naomi Klein, the combative theorist and publicist of anti-globalisation, was not about to accept such guilt by association. Her reply, The Shock Doctrine, deals with the corporate acquisitiveness that she sees as ravaging the planet and reformulates the ideas of the anti-globalisation and anti-corporate movements for a post-9/11 world. Klein believes she has found the answer to a question that has perplexed many on the left: if every modern American government has been a tool of powerful business interests, what, if anything, makes the Bush administration uniquely odious? Her answer is that the Bush administration draws its political support not from America's corporate class generally, but rather from a particular part of it: 'the sprawling disaster capitalism complex'. She has in mind the companies that reap huge profits from catastrophes, both man-made and natural. They include defence contractors, arms dealers, high-tech security firms, the oil and gas sectors, construction companies, private healthcare firms and so on. Not exactly ambulance-chasers, they are driving the ambulances themselves - for a profit. For the most part, they capitalise on emergencies rather than deliberately bringing them about. But the distinction is not always so clear: the stock price of Lockheed Martin, the world's largest defence contractor, almost tripled between 2003 and 2007 after a former vice president at the firm chaired a committee agitating for war with Iraq. The Iraq war was also 'the single most profitable event' in the history of Halliburton, whose former CEO, who still retains stock options, is Dick Cheney.
thinkahol *

Growing anti-Muslim hatred in the U.S. - Glenn Greenwald - Salon.com - 0 views

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    Next week, House Homeland Security Committee Chairman Peter King (R-NY) will convene a Congressional hearing to investigate the loyalty and "radicalization" of American Muslims.  Earlier this week in Tennessee, a bill was proposed to make it a felony to follow sharia law -- which would essentially criminalize the practice of Islam in that state.  Last year, mosques in Tennessee, Oregon and Georgia were targeted with apparent arson.  The case against the Park51 community center -- including from mainstream TV journalists -- was grounded in the warped premise that Muslims generally bore guilt for the 9/11 attacks.   All of these sentiments  are regularly bolstered by a deranged cult-leader/TV personality followed by millions.
thinkahol *

Michigan is under siege. Is Anybody Watching? | dagblog - 0 views

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    Right now, [Michigan] Gov. [Rick] Snyder is pushing a bill that would give himself, Gov. Snyder and his administration, the power to declare any town or school district to be in a financial emergency. If a town was declared by the governor and his administration to be in a financial emergency they would get to put somebody in charge of that town, and they want to give that emergency manager that they just put in charge of the town the power to, "reject, modify, or terminate any contracts that the town may have entered in to, including any collective bargaining agreements."
thinkahol *

Afghanistan "sovereignty" - Glenn Greenwald - Salon.com - 0 views

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    A spate of horrific civilian killings by NATO in Afghanistan has led Afghan President Hamid Karzai to demand that NATO cease all air attacks on homes.  That is likely to be exactly as significant as you think it would be, as The Los Angeles Times makes clear: "This should be the last attack on people's houses," the president told a news conference in Kabul. "Such attacks will no longer be allowed." Karzai's call was viewed as mainly symbolic. Western military officials cited existing cooperation with Afghan authorities and pledged to continue consultations, but said privately that presidential authority does not include veto power over specific targeting decisions made in the heat of battle. So we're in Afghanistan to bring Freedom and Democracy to the Afghan People, but the President of the country has no power whatsoever to tell us to stop bombing Afghan homes.  His decrees are simply requests, merely "symbolic." Karzai, of course, is speaking not only for himself, but even more so for (and under pressure from) the Afghan People: the ones we're there to liberate, but who -- due to their strange, primitive, inscrutable culture and religion -- are bizarrely angry about being continuously liberated from their lives: "Karzai's statements . . . underscored widespread anger among Afghans over the deaths of noncombatants at the hands of foreign forces."
thinkahol *

YouTube - Ralph Nader: 1/13 An Unreasonable Man Subt Español - 0 views

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    In 1966, General Motors, the most powerful corporation in the world, sent private investigators to dig up dirt on an obscure thirty-two year old public interest lawyer named Ralph Nader, who had written a book critical of one of their cars, the Corvair. The scandal that ensued after the smear campaign was revealed launched Ralph Nader into national prominence and established him as one of the most admired Americans and the leader of the modern Consumer Movement. Over the next thirty years and without ever holding public office, Nader built a legislative record that is the rival of any contemporary president. Many things we take for granted including seat belts, airbags, product labeling, no nukes, even the free ticket you get after being bumped from an overbooked flight are largely due to the efforts of Ralph Nader and his citizen groups. Yet today, when most people hear the name "Ralph Nader," they think of the man who gave the country George W. Bush. As a result, after sustaining his popularity and effectiveness over an unprecedented amount of time, he has become a pariah even among former friends and allies. How did this happen? Is he really to blame for George W. Bush? Who has stuck by him and who has abandoned him? Has our democracy become a consumer fraud? After being so right for so many years, how did he seem to go so wrong? With the help of exciting graphics, rare archival footage and over forty on-camera interviews conducted over the past two years, "An Unreasonable Man" traces the life and career of Ralph Nader, one of the most unique, important, and controversial political figures of the past half century.
thinkahol *

Noam Chomsky: "The U.S. and Its Allies Will Do Anything to Prevent Democracy in the Ara... - 0 views

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    Speaking at the 25th anniversary celebration of the national media watch group Fairness and Accuracy in Reporting, world-renowned political dissident and linguist Noam Chomsky analyzes the U.S. response to the popular uprisings sweeping the Middle East and North Africa. "Across the [Middle East], an overwhelming majority of the population regards the United States as the main threat to their interests," Chomsky says. "The reason is very simple... Plainly, the U.S. and its allies are not going to want governments which are responsive to the will of the people. If that happens, not only will the U.S. not control the region, but it will be thrown out." [includes rush transcript]
thinkahol *

A Road Map to Economic Armageddon - Book Review - Truthdig - 0 views

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    By John B. Taylor This review is from a syndication service of The Washington Post. In "Reckless Endangerment," Gretchen Morgenson and Joshua Rosner argue that cozy connections between government and the financial industry were the primary cause of the financial crisis. While many economists-including this reviewer-have argued that government actions caused the crisis, Morgenson and Rosner use their investigative skills to dig down and explain why those actions were taken. The book focuses on two government agencies, Fannie Mae and the Federal Reserve. The mutual support system is better explained and documented in the case of Fannie, the government-sponsored enterprise that supported the home mortgage market by buying mortgages and packaging them into marketable securities, which it then guaranteed and sold to investors.
thinkahol *

Pew Opposes House Bill to Open Wyoming-Size Landscape to Development - Pew Environment ... - 0 views

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    "This legislation would undo decades of public land protections by opening up an area the size of Wyoming to new industrial activity. It would allow some of the country's most pristine and spectacular landscapes to be exploited, including the vast majority of undisturbed national forests. "Mining, logging and drilling are already permitted in more than half of our national forests and other public lands. This bill would open the door to such activity on most of the rest. As a result, valuable fish and wildlife could be lost and clean drinking water for millions of Americans compromised. "This legislation would undo the nation's tradition of managing these lands with a balanced approach. It would also disregard years of work by lawmakers from both parties to craft proposals with diverse stakeholders to safeguard these undeveloped areas. In addition, the bill would eliminate interim protections on wild places that people use and enjoy. We urge Members of Congress to oppose H.R. 1581."
thinkahol *

How the Deficit Got This Big - NYTimes.com - 0 views

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    With President Obama and Republican leaders calling for cutting the budget by trillions over the next 10 years, it is worth asking how we got here - from healthy surpluses at the end of the Clinton era, and the promise of future surpluses, to nine straight years of deficits, including the $1.3 trillion shortfall in 2010. The answer is largely the Bush-era tax cuts, war spending in Iraq and Afghanistan, and recessions.
thinkahol *

Economist's View: "The Greatest Increase in Poverty and Hardship Produced by Any Law in... - 0 views

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    Mathew Yglesias: CBPP Analysis of John Boehner's Plan: The Center on Budget and Policy Priorities concludes that if enacted, John Boehner's debt ceiling plan "could well produce the greatest increase in poverty and hardship produced by any law in modern U.S. history." That sounds to me like something that would create strong incentives to not be poor and, indeed, to fully incentive richness. Consequently, we'll have massive economic growth. Right? Think of all the old people who will be willing to do odd jobs, whatever, in order to pay for health care. No more free-riding from grandma and grandpa to slow the economy down. The CBPP adds: This may sound hyperbolic, but it is not. The mathematics are inexorable. ... In short, the Boehner plan would force policymakers to choose among cutting the incomes and health benefits of ordinary retirees, repealing the guts of health reform and leaving an estimated 34 million more Americans uninsured, and savaging the safety net for the poor. It would do so even as it shielded all tax breaks, including the many lucrative tax breaks for the wealthiest and most powerful individuals and corporations. As for the way the debt ceiling talks are going, what a disaster.
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