European Salon de News, Discussion et Klatsch - 9. January

by Fran
Thu Jan 8th, 2009 at 03:10:26 PM EST

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EUROPE
by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:11:44 PM EST
EUobserver: EU economy buckles

A stark series of data released on Thursday certify the grim state of the European economy, with unemployment up, GDP sliding, and both economic sentiment and business climate indicators reaching all-time lows.

The eurozone's gross domestic product declined by 0.2 percent in the third quarter of 2008 compared with the previous quarter, according to estimates from Eurostat, the EU's statistics office.

The EU performed middlingly out of the big three economies, with US GDP declining 0.1 percent and Japanese GDP down 0.5.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:40:49 PM EST
[ Parent ]
Isn't US GDP always overstated anyway?
by Colman (colman at eurotrib.com) on Thu Jan 8th, 2009 at 03:43:19 PM EST
[ Parent ]
No. Europe.Is.Doomed
by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:47:04 PM EST
[ Parent ]
EurActiv.com - EU sends observers to monitor gas, Gaza | EU - European Information on Energy Supply
As was the case during last summer's Georgia crisis, the EU has once again responded to the first international challenges of 2009 by sending observers, this time to monitor the borders between Gaza and Egypt, and Russia and Ukraine to supervise the supply of gas intended for Europe.

Almost simulateneously, it emerged that the Union will dispatch observers to deal with the two crises in a bid to reassert the perceived success of Europe's so-called 'soft power'.

Firstly, the Union made known that it will dispatch observers to monitor the border between Egypt and Gaza, hoping to put the ongoing Gaza violence to an end (EurActiv 05/01/09). The border is laced with a network of hundreds of tunnels, bringing not only food and commodities to Gaza, but weapons too.

Next, yesterday (7 January) the EU finally agreed to send observers to monitor the supply of gas earmarked for Europe, amid a gas row opposing Russia and Ukraine whereby Moscow accuses Kiev of siphoning off gas destined for European networks. Analysts had been tipping Russia to suggest such a move for some time. At first, the EU appeared reluctant to get involved in what it saw as a bilateral dispute, but its position changed after the situation began to deteriorate (EurActiv 07/01/08).

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:44:48 PM EST
[ Parent ]
I wonder what the job qualifications are for being an EU or UN or whatever "observer." Seems like there might be a lot of openings...
by asdf on Thu Jan 8th, 2009 at 11:30:38 PM EST
[ Parent ]
The job will imply being taken in chauffeur-driven limousine to some control room in an industrial outpost, shown somes pipelines outside, and told to look at a dial, with numbers that you have no way to tell if they are doctored, comprehensive or relevant...

It's all a joke - a vast face-saving exercise so that the crisis can officially end while the underlying issues are being ignored, once again.

Oh, and maybe the Russians and Ukrainians will manage to extract some money from the EU for their pains. It can't hurt to try, for sure...

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Fri Jan 9th, 2009 at 04:24:06 AM EST
[ Parent ]
Having worked on gas production rigs (Frigg field in the North Sea) and plants (in the Emirates), I think along the same lines. You have to be very familiar with the plant to know where and what you should monitor. And it takes months to get this knowledge, So a freshly arrived "observer" can easily be duped...

"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char
by Melanchthon on Fri Jan 9th, 2009 at 04:43:53 AM EST
[ Parent ]
Except that next time when there is another accusation of gas being siphoned off by Ukraine, people will start asking questions in the European Parliament about the EU inspectors...

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 04:48:51 AM EST
[ Parent ]
Distraction accomplished.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Fri Jan 9th, 2009 at 06:03:09 AM EST
[ Parent ]
That is true. When this flares up again, maybe none of the people responsible (for instance, Barroso, Piebalgs, Sarkozy, Topolanek...) will still be in office.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 07:10:17 AM EST
[ Parent ]
http://www.moonofalabama.org/2009/01/germans-to-the-gazan-front.html#comments
Some politicians in my country, Germany, seem to be willing (in German) to send troops to make sure of that.
German troops did a good job guarding concentration camps a historic while ago. That is likely the reason why Israeli politicians would now welcome such troops guarding the Gaza-Egypt crossings.  

http://www.moonofalabama.org/2009/01/weapons-and-iran-trained-fighters-smuggled-into-gaza.html#comme nts

by vbo on Fri Jan 9th, 2009 at 04:24:08 AM EST
[ Parent ]
I think this MoA comment is stupid and insulting, and I do not understand why you quote it.

"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char
by Melanchthon on Fri Jan 9th, 2009 at 04:47:21 AM EST
[ Parent ]
Ok...it may be so but I quoted it just to point to the irony of the situation.Don't you find it ironic?
by vbo on Fri Jan 9th, 2009 at 04:57:55 AM EST
[ Parent ]
What should I find ironic? The fact that some stupid commenter thinks it's funny to say that the Germans are good at guarding concentration camps? The comparison made between Gaza and concentration camps? Interestingly, Jean-Marie Le Pen (French extreme-right leader) just made this comparison...

"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char
by Melanchthon on Fri Jan 9th, 2009 at 05:06:40 AM EST
[ Parent ]
Justice minister of Vatican made the same comparison, BTW:
"Look at the conditions in Gaza: more and more, it resembles a big concentration camp."
Think whatever you can about religion, Vatican is a pretty respected state.
by Sargon on Fri Jan 9th, 2009 at 07:23:02 AM EST
[ Parent ]
Sorry, I don't have much respect for Vatican, especially under Benedict XVI, so the fact that they use the same metaphor as Le Pen doesn't make it more acceptable. And it has nothing to do with religion.

"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char
by Melanchthon on Fri Jan 9th, 2009 at 08:19:19 AM EST
[ Parent ]
It doesn't matter what you or I think about Vatican. He's a minister of a state which isn't really subservient to anyone, and can talk more freely than most ministers. That's it - an indication of a notion that's in the air.
by Sargon on Fri Jan 9th, 2009 at 10:45:58 AM EST
[ Parent ]
Just because Le Pen ( or who ever yet) said this it does not make comparison unreliable.I may share this thought even with Le Pen or Vatican.
I find it ironic that Jews now will have Germans guarding their very own concentration camp. And the big white World is standing practically silent (or at least powerless)...just like once before...
And I don't think Bernard of MOA  is stupid...not at all.All tho he seem to be a little bit nervous lately as many other MOA commenters (count me there too).It really makes me feel sick what we are witnessing lately...
by vbo on Fri Jan 9th, 2009 at 07:44:14 AM EST
[ Parent ]
First, it's the State of Israel and not "Jews"...

Second, if you actually read the Zeit online paper he's referring to, you will find that the German's government is considering the participation of German soldiers in an international peacekeeping force under the following conditions: there must be a cease-fire and both parties must approve the international peacekeeping force and the German participation in it. So, please, don't present this as "Jews hiring German military to guard their own concentration camp".

Third, I didn't say Bernhard was stupid, I said his comment was stupid and insulting.

"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char

by Melanchthon on Fri Jan 9th, 2009 at 08:16:14 AM EST
[ Parent ]
OK ...State of Israel, meaning government(s) that had been ELECTED (for decades).
And I remember ALL Serbs were blamed and bombarded for the reason that they ELECTED Milosevic (even tho about 50% always voted for opposition).
Now I am aware that there are JEWS that hate this and basically are against their government but they are lonely in Israel and around Globe...and they are helpless ( as half of Serbs had been).One of them is here
http://www.guardian.co.uk/world/2009/jan/07/gaza-israel-palestine
This brief review of Israel's record over the past four decades makes it difficult to resist the conclusion that it has become a rogue state with "an utterly unscrupulous set of leaders". A rogue state habitually violates international law, possesses weapons of mass destruction and practises terrorism - the use of violence against civilians for political purposes. Israel fulfils all of these three criteria; the cap fits and it must wear it. Israel's real aim is not peaceful coexistence with its Palestinian neighbours but military domination.

I think I know about one more rogue state that fits the cap...
I am not sure if that list on MOA of "companies to boycott" and "brands to boycott" because they are serving Israeli's interest is accurate but if it is then I suddenly do not have any more questions...then they practically own everything that makes money and it is obvious why USA will never go against them...then they are free to go nuclear or do what ever they fucking want. I hope the list is fake.Please tell me it's fake...
by vbo on Fri Jan 9th, 2009 at 08:47:32 AM EST
[ Parent ]
It's not JEWS but ISRAELIS.
I am not sure if that list on MOA of "companies to boycott" and "brands to boycott" because they are serving Israeli's interest is accurate but if it is then I suddenly do not have any more questions...then they practically own everything that makes money and it is obvious why USA will never go against them...
Well, the boycott is a lot broader than that. Just take the first on the alphabetical list: AOL Time Warner:
Over the last 10 years AOL has invested well over half a billion dollars in Israel. In recognition, it was awarded the Jubilee Award in 1998 by the Israeli Prime Minister.
So we're talking about a boycott that seeks to pressure foreign investors to divest from Israel. This is much broader than a boycott of companies whocollaborate with the Israeli occupation. It is also much broader than a boycott of companies owned by Israelis.

Let's stay away from "the jews own everything that makes money". This is a divestment campaign targeting companies that do direct investment in Israel.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 09:01:22 AM EST
[ Parent ]
Let's stay away from "the jews own everything that makes money".

I know it sounds bad but...I am in shock!
by vbo on Fri Jan 9th, 2009 at 09:13:29 AM EST
[ Parent ]
there are JEWS that hate this and basically are against their government

The government of Israel is not the government of the Jews, but the government of Israeli citizens...

then they practically own everything that makes money

Who does "they" stand for?

"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char

by Melanchthon on Fri Jan 9th, 2009 at 09:12:31 AM EST
[ Parent ]
Who does "they" stand for?

Well this time I can't say Israelis...so it stands for Jews.And as I said I know it sounds bad but if they actually own (one way or another)all those companies or if these companies all invest in Israel heavily ( I can imagine for what reason) then there is nothing for us to hope for...and it is obvious why WEST WORLD is supporting Israel.Please tell me of ONE single western country that openly condemned what Israel is doing? Maybe I missed something...
And did you see that French idiot Kushner in UN laughing like a crazy...
by vbo on Fri Jan 9th, 2009 at 09:23:35 AM EST
[ Parent ]
Rated for holding on to (I know it sounds bad) Antisemitic FUD after careful correction.

if they actually own (one way or another)all those companies or if these companies all invest in Israel heavily ( I can imagine for what reason)

I can imagine for what reason: Israel is a wealthy, westernised consumer culture. Investment improves market access. Also, would you fault AOL for buying up the company that developed the instant messaging protocol ICQ? That sounds like an investment that makes eminent business sense.

This is not to say that they boycott is illegitimate - AOL could have refrained from buying up ICQ on the basis of a boycott of the Israeli economy, which could also have made eminent business sense if a severe boycott was envisaged as a result - and something of this sort was done against South Africa in the 1980's.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 09:42:13 AM EST
[ Parent ]
OK rate me as you want but I am definitely not "Antisemitic". To be honest I am sick of the silant rule that nothing negative can be said about "them" cause everyone will jump screaming "Antisemite".
We all know that MOST of the Jews that live outside Israel support Israeli government ( not just retorically but financialy too and some even came to fight).It's their right but it's also my right to condemn it. I hate double standards and Jews are just people as any other people and should be condemned when they are doing something wrong.
As for me I am not in general fan of Islamists (Muslims) cause as you know they did came from Middle East in numbers to my country to fight against my people.
I am just trying to be open and just.
Facts are facts.So if they do own "everything" what is there to hide?I said in advance that I hope the list is fake.And I saw that it is an Islamic nationalistic site and that's why I asked is the list fake...
by vbo on Fri Jan 9th, 2009 at 10:20:07 AM EST
[ Parent ]
I didn't say you are Antisemitic, I said you "stuck to Antisemitic Fear-Uncertainty-and-Doubt after careful correction".

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 10:28:51 AM EST
[ Parent ]
The list is not fake, it just lists something much broader (foreign direct investment) than you think (ownership).

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 10:29:28 AM EST
[ Parent ]
I don't know if you are anti-semitic and I don't care. I just say you're channelling anti-semitic ideas and talking points. I rated you 2 to warn you: you have the right to think what you want (or can...), but, please, don't channel these narratives on ET.

"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char
by Melanchthon on Fri Jan 9th, 2009 at 11:45:14 AM EST
[ Parent ]
Why am I (according to you) "channelling anti-semitic ideas and talking points"???
Because I call Jews - Jews and not Israelis? I would call them Israelis gladly but the people I am  talking about in my post (list of company to boycott) are usually not Israelis (but citizens of other states) and they also do not live in Israel.They are Jews (and yes they usually are rich, it's not a sin if they made it legally) who are supporting Israelis government and politic of genocide.
I may be limited in my thinking ( or even more my English language ability) but I am not anti-semitic just because I openly ask and try to find out WHY (the hell) USA Senat and Congres together with practically ALL western governments openly support fashistic state of Israel.
I have nothing against Jews - the people as such but yes I have a lot against those Jews who do support genocide.
If you Westerners had the same attitude about Serbs we wouldn't be bombarded by your NATO forces.    
by vbo on Fri Jan 9th, 2009 at 08:56:53 PM EST
[ Parent ]
WHY (the hell) USA Senat and Congres together with practically ALL western governments openly support fashistic state of Israel.

Because Israel is part of The West™ and because of guilt over the holocaust.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 08:59:32 PM EST
[ Parent ]
OK. Next question.
WHY (the hell) Israel is "part of the West"? It is not west, it is not Christian (if you look by standards of previous centuries)...There are others who have democracy, who have market economy etc. (and who are even Christians and Europeans) but still they are NOT part of the West. Even culturally and linguistically they are much closer to their neighbors then to the West Europeans...So this do not "hold water" for me.
Then again Germany was part of the West but it did not bother West to go in to the war with Germany when it ventured in to the fascism? So I still need better explanation for Western support of fascistic state of Israel. And it usually is about money in Western sphere...
The list of the companies (if not fake) that support Israeli government tells a lot to me...
by vbo on Fri Jan 9th, 2009 at 09:46:58 PM EST
[ Parent ]
Because the Ashkenazi Jews are Central/Eastern Europeans (Poles Germans). The Sephardic Jews are os Spanish descent. In recent times you had Russian Jews immigrating in massive numbers. I mean, Jiddish is a Germanic, not semitic language. Zionism is a 19th Century European Romantic Nationalist movement. Israel really is a European enclave in the Middle East, culturally.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 10:00:46 PM EST
[ Parent ]
http://en.wikipedia.org/wiki/Modern_Hebrew#Modern_Hebrew
Hebrew (עִבְרִית, `Ivrit) is a Semitic language of the Afro-Asiatic language family. Modern Hebrew is spoken by more than seven million people in Israel and used for prayer or study in Jewish communities around the world. It is the official language of Israel, though English and Arabic are also used there.

I doubt that Jews you are talking about ( Western European Jews generally) live in Israel today...
Israel really is a European enclave in the Middle East, culturally.

Well yes, it all depends what people want to see...But Israelis will have to come to terms that their state is not in Europe and that their neighbors are millions of Arabs...they will need to learn how to live amidst them or they will disappear...
by vbo on Fri Jan 9th, 2009 at 10:29:31 PM EST
[ Parent ]
The Ashkenazi Jews are not Western European Jews.
Many Ashkenazi Jews later migrated, largely eastward, forming communities in non German-speaking areas, including Hungary, Poland, Lithuania, Russia, Eastern Europe, and elsewhere between the 10th and 19th centuries. With them, they took and diversified Yiddish, a Germanic Jewish language that had since medieval times been the lingua franca among Ashkenazi Jews. To a much lesser extent, the Judæo-French language Zarphatic and the Slavic-based Knaanic (Judæo-Czech) were also spoken. The Ashkenazi Jews developed a distinct culture and liturgy influenced, to varying degrees, by interaction with surrounding peoples, predominantly Germans, Austrians, Poles, Czechs, Slovaks, Kashubians, Hungarians, Ukrainians, Lithuanians, Latvians, Belarusians, and Russians.
Although in the 11th century they comprised only 3% of the world's Jewish population, Ashkenazi Jews accounted for (at their highest) 92% of the world's Jews in 1931 and today make up approximately 80% of Jews worldwide.[3] Most Jewish communities with extended histories in Europe are Ashkenazim, with the exception of those associated with the Mediterranean region. The majority of the Jews who migrated from Europe to other continents in the past two centuries are Ashkenazim, Eastern Ashkenazim in particular. This is especially true in the United States, where 6 out of the 7 million American Jewish population -- the largest Jewish population in the world when consistent statistical parameters are employed[4] -- is Ashkenazi, representing the world's single largest concentration of Ashkenazim.
(source: wikipeida)

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 10:39:36 PM EST
[ Parent ]
Thank you for this information but it looks like Ashkenazi Jews live mostly in USA and there for I understand how they are an "European cultural enclave" in USA (but not in Israel)...so to speak...
by vbo on Fri Jan 9th, 2009 at 11:33:31 PM EST
[ Parent ]
The list of the companies (if not fake) that support Israeli government tells a lot to me...

The list is of foreign direct investment. It's not direct support for the government.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 10:02:11 PM EST
[ Parent ]
The list is of foreign direct investment. It's not direct support for the government.

Oh really? Again depends how you want to see it.Israel does not look like safe place to invest money amidst all those wars and potential wars...all tho the profit may be high...
Investing in Hitler's Germany was considered as support to Hitler (after the WWII) I can see analogy here...
by vbo on Fri Jan 9th, 2009 at 10:41:38 PM EST
[ Parent ]
Israel does not look like safe place to invest money amidst all those wars and potential wars...

Huh, Israel is the local military hegemon (thanks in part but not exclusively - and maybe not even mainly - to all that US military aid).

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Migeru (migeru at eurotrib dot com) on Sat Jan 10th, 2009 at 03:48:22 AM EST
[ Parent ]
http://en.wikipedia.org/wiki/Economy_of_Israel
Israel is one of the world's major exporters of military equipment, accounting for 10%[citation needed] of the world total in 2007.

War economy...great for investment!
by vbo on Sat Jan 10th, 2009 at 12:00:51 AM EST
[ Parent ]
Well, now it's clearer: it boils down to mere anti-semitism: "the Jews own the world"...

If you had took the time to look at the "Boycott Israel" list you mention (and which is hosted by a Islamist militant website...), you would have noticed that even this site says the companies they call to boycott are not targeted because they are owned by Jews, but "working with Israel".

So, that means you are using MoA and this campaign to promote your own prejudices...

"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char

by Melanchthon on Fri Jan 9th, 2009 at 09:45:26 AM EST
[ Parent ]
And did you see that French idiot Kushner in UN laughing like a crazy...

Though I agree Kouchner's an idiot, I don't see the relevance of this to what you're saying. Unless you mean the French also own the world.

Oh, now I get it! He's Jewish!

by afew (afew(a in a circle)eurotrib_dot_com) on Fri Jan 9th, 2009 at 10:00:44 AM EST
[ Parent ]
I do not know if Kouchner is Jewish or what but he is an idiot because he is laughing like an idiot while dieing children wait for him to help stop this genocide in UN.
by vbo on Fri Jan 9th, 2009 at 10:08:27 AM EST
[ Parent ]
Well, it's true that the French rule the world, but don't tell it aloud, nobody noticed yet...

<laughs sardonically>

"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char

by Melanchthon on Fri Jan 9th, 2009 at 11:00:13 AM EST
[ Parent ]
I don't see anything funny in your comment...
by vbo on Fri Jan 9th, 2009 at 11:26:48 PM EST
[ Parent ]
To make things clear, what I see happening in Gaza makes me sick, too. Furthermore, In my view, the State of Israel is committing war crimes and has been doing so for years.

"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char
by Melanchthon on Fri Jan 9th, 2009 at 08:22:19 AM EST
[ Parent ]
Seconded.
by afew (afew(a in a circle)eurotrib_dot_com) on Fri Jan 9th, 2009 at 10:45:03 AM EST
[ Parent ]
Thirded

...and I must say that I do have a bit of sympathy for vbo's point that Serbs have been lumped into a 'those people' category for which people feel they can categorically say 'they' did those things.

His other points need to be individually categorized for what they are, but I don't have the time to be sucked into them.

Never underestimate their intelligence, always underestimate their knowledge.

Frank Delaney ~ Ireland

by siegestate (siegestate or beyondwarispeace.com) on Fri Jan 9th, 2009 at 12:18:18 PM EST
[ Parent ]
EurActiv.com - Slovenia waves referendum card at Croatia | EU - European Information on Enlargement & Neighbours
Slovenia may call for a referendum over Croatia's accession to the European Union if a long-standing border dispute between the two countries is not quickly resolved to Ljubljana's satisfaction.

Slovenian Foreign Affairs Minister Samuel Zbogar stated that if talks over the border dispute are not resolved in his country's interest, it would be "quite realistic" to expect a popular referendum on ratification of Croatia's accession treaty to the Union, the Croatian daily Jutarni List reported yesterday (7 January).

A spokesperson for Enlargement Commissioner Olli Rehn told EurActiv that the Commission never comments on ratification procedures for international treaties, including accession treaties, in different member states.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:46:05 PM EST
[ Parent ]
Kingmakers Dethroned: Global Downturn Brings Russia's Oligarchs to Their Knees - SPIEGEL ONLINE - News - International

The global financial crisis is wiping out the wealth and political influence of Russia's once-mighty oligarchs. Yesterday's kingmakers are now having to beg the Kremlin for loans.

Editor's Note: This feature is part of a SPIEGEL series that will continue all week on how the economic downturn is affecting people and companies around the world. No other downturn in history has hit as many of the world's economies. The current crisis is hitting migrant laborers in China, automobile workers in Detroit and even strong traditional German firms like the chemical giant BASF.

Judging by the furnishings, you would never guess that this office is where plans were made to launch Russia's economy into the modern age. The room is dominated by heavy furniture made of dark wood. Antique books are displayed in glass bookcases. Working from this office, Vladimir Yevtushenkov, intends to reduce his huge country's dependence on raw materials exports. To achieve this objective, his subsidiary Sitronics has built a cutting-edge semiconductor production plant on the outskirts of Moscow.

by Fran (fran at eurotrib dot com) on Thu Jan 8th, 2009 at 04:03:22 PM EST
[ Parent ]
Two things matter for billionaires:
  1. relative wealth (are you losing more than your pals on the Fortune 500 list?)
  2. liquidity of position: are you in a position to act, or are you stuck?

Not all oligarchs are in the same position.

As to political influence, who can tell?

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Fri Jan 9th, 2009 at 04:26:01 AM EST
[ Parent ]
Dell to cut 1,900 jobs in Ireland - International Herald Tribune

LIMERICK, Ireland: Dell said Thursday that it would cut 1,900 jobs at its manufacturing plant in Limerick, Ireland, moving some of the positions to Poland and others to its contracting partners.

The move follows other news of job cuts and reduced forecasts that have battered the computer industry this week. For Dell, the cuts are part of a $3 billion program to reduce costs announced last year. They are set to begin in April and account for almost two-thirds of its employees in Limerick, the company said.

The jobs migrating to Poland will manufacture computer systems for customers in Europe, the Middle East and Africa.

"This is a difficult decision, but the right one for Dell to become even more competitive, and deliver greater value to customers in the region," said Sean Corkery, vice president of operations for Europe, the Middle East and Africa.

by Fran (fran at eurotrib dot com) on Thu Jan 8th, 2009 at 04:32:46 PM EST
[ Parent ]
Yikes, the race for the wage gutter gets worse

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Fri Jan 9th, 2009 at 06:33:48 AM EST
[ Parent ]
See, Ireland's just a high wage, old Europe economy now. It needs Reform...
by Metatone (metatone [a|t] gmail (dot) com) on Fri Jan 9th, 2009 at 09:07:40 AM EST
[ Parent ]
I believe the agenda is tax cuts and cuts in government spending.

Because that fixes all ills.

by Colman (colman at eurotrib.com) on Fri Jan 9th, 2009 at 09:08:44 AM EST
[ Parent ]
Sigh, didn't we learn anything from Hoover's "success" in 1929-32?

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 09:11:10 AM EST
[ Parent ]
The other suggestion, floated by the ex-Taoiseach's biographer and I think ally, was to bring back Charlie McCreepy to cheer us up.
by Colman (colman at eurotrib.com) on Fri Jan 9th, 2009 at 09:15:17 AM EST
[ Parent ]
bring back Charlie McCreepy

Well, if it would make him leave the Commission and stay away from Brussels...

"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char

by Melanchthon on Fri Jan 9th, 2009 at 09:21:38 AM EST
[ Parent ]
Muhahahaha... the beatings will continue until morale improves!
by Metatone (metatone [a|t] gmail (dot) com) on Fri Jan 9th, 2009 at 09:24:20 AM EST
[ Parent ]
Graham Watson MEP: Graham Watson launches bid to be next EP President (7th January 2009)
ALDE Group Leader Graham Watson has launched his campaign for the presidency of the European Parliament. Speaking about his ambitions for the Parliament's future, Mr. Watson said:

"For too long, Presidents of Parliament have been chosen through backroom deals in smoke-filled rooms. Mine will be the first ever public campaign for the presidency: in this I hope that I will set a precedent.

...

"I have written to every MEP informing them of my intentions, and next week I will unveil the priorities that would mark out my presidency."




Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Thu Jan 8th, 2009 at 07:28:29 PM EST
[ Parent ]
German Exports Plunge as Global Recession Deepens | Business | Deutsche Welle | 08.01.2009
German exports plunged in November to record their biggest fall in nearly two decades, new data shows, as the deepening world economic downturn hits Europe's biggest economy.

The Wiesbaden-based national statistics office said Thursday, Jan. 8, that the world's leading exporter posted in November a month-on-month 10.6 percent drop in exports when adjusted for working days and seasonal factors.

[...]

On an annual basis, German exports dropped by 12 percent in November, while imports recorded a steep 5.6-percent month-on-month decline and a 0.9-percent fall on the year.

The country's trade surplus narrowed to 9.7 billion euros ($13 billion) from 16.4 billion euros in October.

Cliffs are so last year...

Jesus died for somebody's sins but not mine - Patti Smith

by dvx (dvx.clt ät gmail dotcom) on Fri Jan 9th, 2009 at 04:12:17 AM EST
[ Parent ]
German government injects €10bn into Commerzbank - Business News, Business - The Independent

The German government has stepped in to salvage a multibillion-euro merger between two of the country's largest banks, Commerzbank and Dresdner Bank, with a €10bn (£9bn) cash injection.

The announcement, in effect a partial nationalisation of the combined group, came after several days of tense negotiations between executives from the two banks and state officials. "The government just couldn't afford to let this deal fail," one insider said [Deja vu all over again? -ed.].

Commerzbank had been under intense pressure to strengthen its balance sheet as it prepared to buy its loss-making rival. It is understood that the deal, agreed last year, would have collapsed had the government refused to invest through its Financial Markets Stabilisation Fund (Soffin). The merger is now expected to complete by the end of the month.

Commerzbank would have survived had the merger collapsed, but there was speculation yesterday that Dresdner would have had to be nationalised in full. Instead, the state will take a 25 per cent and one share holding - a minority blocking stake - in the "new Commerzbank" in return.

This brings the government's financial support for Commerzbank to €18.2bn in just over two months. On 2 November, Soffin injected €8.2bn through a "silent participation" - equivalent to preference shares in the UK - in a bid not to dilute the company's value. Yesterday's move involved a further €8.2bn silent participation, and a €1.8bn investment to take the 25 per cent stake.



Jesus died for somebody's sins but not mine - Patti Smith
by dvx (dvx.clt ät gmail dotcom) on Fri Jan 9th, 2009 at 04:14:20 AM EST
[ Parent ]
Kölner Neonazi tritt zur Wahl an - Kölner Stadt-AnzeigerCologne Neonazi running for office
Er ist Antisemit und rechtsextremer Multifunktionär, wurde wegen Volksverhetzung zu zwei Jahren und neun Monaten Haft verurteilt und drohte seinen politischen Gegnern, diese würden ,,eines Tages auf den Marktplatz gestellt und erschossen". Doch anstatt im gesellschaftlichen Abseits zu stehen, wird er jetzt von der NPD noch als Kandidat aufgestellt: Der Kölner Neonazi Axel Reitz tritt bei den Kommunalwahlen 2009 als Landratskandidat für rechtsextremistische Partei im Rhein-Erft-Kreis an.He is an anti-Semite and right-wing extremist multiple functionary, was sentenced to two years and nine months imprisonment for incitement of hate crimes and threatened his political opponents with being "taken to the marketplace and shot". But instead of being socially beyond the pale, he has been nominated as a candidate by the NPD: Cologne neonazi Axel Reitz has entered the race for district executive of the Rhein-Erft local government district for the right-wing extremist party in the 2009 municipal elections.
Dies geht aus einer Mitteilung der NPD im Kreis Düren hervor. Zuletzt war der 25 Jahre alte Hitler-Verehrer am vergangenen Samstag als Redner bei einer Demonstration in Passau aufgetreten, wo er sich laut Medienberichten über ,,Minusmenschen" und ,,Marionetten des Systems" ausließ. In Richtung des durch einen Messer-Anschlag verletzten Passauer Polizeichef Mannichl und des Passauer Oberbürgermeisters Dupper hatte er demnach gesagt: ,,Wir werden Elementen wie Mannichl und Dupper durch unsere scharfen Federn und unsere spitzen Zungen Stiche versetzen, von denen sie sich nicht mehr erholen werden."This according to a statement of the NPD's Düren district office. The most recent public appearance of this 25-year-old Hitler admirer was a speech this past Saturday at a demonstration in Passau, where, according to media reports, he ranted against "minus people" and "marionettes of the system". Referring to the Passau police chief Mannichl, who was wounded in a knife attack, and Passau mayor Dupper, he was quoted as saying, "With our pointed pens and sharp tongues, we will inflict on elements like Mannichl and Dupper pricks from which they will never recover."


Jesus died for somebody's sins but not mine - Patti Smith
by dvx (dvx.clt ät gmail dotcom) on Fri Jan 9th, 2009 at 04:39:58 AM EST
[ Parent ]
Nice bloke. I trust this filth has no chance.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Fri Jan 9th, 2009 at 06:36:02 AM EST
[ Parent ]
None, but what's noteworthy is that they've nominated such an obvious nutcase. Up to now they have always tried to assume at least a thin mantle of bourgeois respectability.

Some reports I've read indicate that the NPD has been losing its base to more radical groups, which might explain the nomination (or alternatively, a hard-core group has infiltrated the local party).

Jesus died for somebody's sins but not mine - Patti Smith

by dvx (dvx.clt ät gmail dotcom) on Fri Jan 9th, 2009 at 07:37:00 AM EST
[ Parent ]
SPECIAL FOCUS Gas
by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:12:16 PM EST
Gazprom says unclear when gas talks will resume | Markets | Markets News | Reuters

MOSCOW, Jan 8 (Reuters) - A delegation from Russia's Gazprom is flying back to Moscow from Brussels and does not know when talks with Ukraine over their gas dispute will resume, Gazprom's deputy chief executive Alexander Medvedev said.

Medvedev told Reuters on Thursday talks on a multi-lateral monitoring system to ensure smooth gas transit collapsed on Thursday because Ukraine did not accept Russian proposals and Gazprom could not accept those of Kiev.

He said Ukraine had first refused to sign a protocol prepared by Gazprom and then Gazprom refused to sign a protocol proposed by Ukraine because Russian specialists or observers from European gas firms were not included among the monitors.

"It (the Ukrainian proposal) is a perverted version of the idea of multi-lateral control and can only serve the goal of public opinion manipulation. We do not intend to supply gas which is simply disappearing in Ukraine's gas transportation system," he told Reuters by telephone.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:17:18 PM EST
[ Parent ]
REFILE-Ukraine faces big gas bill rise even with oil drop | Markets | Reuters

LONDON, Jan 8 (Reuters) - Russia's insistence Ukraine should pay market prices for gas means an increase of at least 22 percent in Kiev's gas bill this year, forecasts by energy consultants Poyry imply.

Russia told Ukraine on Wednesday gas supplies to Kiev, cut since Jan. 1, would resume when both sides signed a new contract at European market prices. Until now Ukraine has paid much less than western European consumers.

After weeks of fierce rowing with Russian gas export monopoly Gazprom (GAZP.MM), the head of Ukraine's gas company Naftogaz said on Thursday he believed the only remaining differences with Gazprom were economic ones.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:22:19 PM EST
[ Parent ]
RIA Novosti - World - Russia ready to pay market price for gas transit via Ukraine - PM - 2

NOVO-OGARYOVO, January 8 (RIA Novosti) - Russia is ready to pay a market price for gas transit via Ukraine if Kiev pays a market price for supplies of Russian gas, the Russian prime minister said Thursday.

"We believe Ukraine should pay a market price, and we are ready to pay a market transit," Vladimir Putin told foreign journalists.

"The market transit [rate] in Europe is $3.4 for 1,000 cu m per 100 km," Putin said.

Russia paid $1.6 for 1,000 cu m per 100 km in 2008 in line with a contract valid until the end of 2010. In response to a claim by Ukraine's energy ministry, the Kiev economic court ruled Monday that Ukrainian energy company Naftogaz could not pump Russian gas westwards at a price of $1.6 for 1,000 cubic meters per 100 kilometers.

The premier said mechanisms to monitor Russian gas transit to Europe should be created as soon as possible to ensure the energy security of European consumers.

Putin showed journalists documents, drafted by independent foreign company SGS, proving Ukraine illegally siphoned off Russian Europe-bound gas.

"There is proof," he said and presented the documents, when asked what data Russia had on gas tapping by Ukraine.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:18:13 PM EST
[ Parent ]
If you count an average 1,000km of transit, and 130bcm of transit volume, Putin is saying that they're willing to increase what they 'pay' for transit from $2.1 bn to $4.4bn. If you consider that Gazprom delivers about 25bcm of gas to Naftogas, the national gas company (outside of the RusUkrEnergo trade), it means that this gas can see its price increase from $85/tcm to $180/tcm before Naftogas has to pay a cent to Gazprom. Given that official claims are about prices in the $200-250/tcm range, it's pretty clear that the final deal will be the usual gas for transit swap, with little or no money paid.

Now, about the other 25-30 bcm coming to Ukraine... No info there...

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Fri Jan 9th, 2009 at 04:33:00 AM EST
[ Parent ]
Ah now I understand.Ukraine wants Russia to pay market price for transit but is not willing to pay Russia market price for gas.How clever...
So the politic is not that much behind this conflict...he is right "it's economy"...and what a hell Ukraine expects ? Russia to "pay" for their gas while they are in bad with NATO ? Incredible how some can be arrogant.They keep forgetting that they are not Americans...they are just American prostitute.
by vbo on Fri Jan 9th, 2009 at 04:42:17 AM EST
[ Parent ]
BBC NEWS | Europe | Europeans struggle to keep warm

Here, readers from some of the worst affected countries describe the struggle to keep their homes warm in sub-zero temperatures.

IVELINA NIKOVA, DOBRICH, BULGARIA

Both of my children won't go to school for an indefinite period of time. They went to school yesterday only to spend some time in cold classrooms before they were released to go home.

Only four schools in town will try using other means of energy. It's happy days for the kids, but not for us.

Right now we are, it seems, on some kind of limited gas supply regime. Yesterday we didn't have heating and hot water for the whole day. Supply was cut without any warning.

The heating started working overnight, again without prior information about it. We were only told that there will be a regime, but we don't know when and for how long the heating will be on.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:19:01 PM EST
[ Parent ]
Shivering, many wonder why EU can't heat itself - International Herald Tribune

BRUSSELS: Faced with the prospect of his constituents freezing this winter, President Georgi Parvanov of Bulgaria said the best course of action was to restart a nuclear reactor - albeit one that dated from the Soviet era and had to be switched off when the country joined the European Union two years ago.

Bulgaria's limited options in the middle of a bitterly cold winter highlight an issue that troubles many Europeans about the continuing fight over gas supplies between Gazprom of Russia and Naftogaz of Ukraine: Europe itself has done too little, too late, to develop workable alternatives. Today, as some EU countries deepen their reliance on Gazprom, the trade bloc faces mounting political and financial hurdles to make any change of course.

Energy experts agree that what the EU needs is more natural gas storage capacity, more interconnectedness, more suppliers and more energy alternatives including nuclear and renewable sources like offshore wind - particularly at a time when gas production is becoming concentrated in countries where state-controlled companies like Gazprom dominate.

Until recently, the main driver behind Europe's interest in alternatives to fossil fuels were the dangers posed by climate change and its ambition to lead the world in pioneering low-carbon technologies. The obvious, but dirtier, alternative to natural gas - coal - will become increasingly costly to burn in Western Europe because of legislation agreed to just last month. But now, rather than global warming, the wake-up call is coming from freezing apartment buildings.

by Fran (fran at eurotrib dot com) on Thu Jan 8th, 2009 at 04:34:55 PM EST
[ Parent ]
This is an instance where Bulgaria's notorious corruption works against it.

It's a mountainous country with a colossal hydroelectric power potential. But the population simply won't allow dams to be built because nobody will live downstream of any dam built by corrupt contractors cos they know the dam will be shoddily built and they don't want to take the risk of a dam burst.

I've actually seen a dam in Sandanski built to capture drinking water and you wouldn't believe how uickly it's disintegrating. It's never been filled because it was dangerous before it was completre.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Thu Jan 8th, 2009 at 05:34:32 PM EST
[ Parent ]
Even prior the wars of 90s we in Serbia ( and probably all over ex-YU) experienced similar situation because state was short of money and they exported power cutting it of for us citizens for 8 or more hours a day. It's not a pleasant situation but Europeans will survive too. Our modern buildings did not have chimneys too. It's unbelievable what people can survive...and we Serbs were put in to the situation to try our surviving skills every so often...
by vbo on Fri Jan 9th, 2009 at 04:54:48 AM EST
[ Parent ]
Business Feed Article | Business | guardian.co.uk
Russian independent gas firms will be told to shut down their wells, becoming hostages to the Russia-Ukraine row, if the export problems facing giant gas company Gazprom lead to a serious domestic glut. Gazprom's exports to Europe are now half the usual volumes as no gas is flowing through pipelines across Ukrainian soil because of a pricing row between Moscow and Kiev, causing shortages that have hit 18 countries in Europe. Gazprom, the world's largest gas producer, has increased European exports via other routes but some 200 million cubic metres per day -- enough to meet the demand from Europe's top economy Germany -- are now locked inside Russia. With low domestic demand due to long New Year holidays and a sharp economic contraction, Gazprom, which controls all Russian gas pipelines, may soon face a choice of whether to shut down its own wells or stop accepting gas from third parties. "Independent producers, like Novatek, and oil firms producing gas will suffer most," said Ivan Mazalov, who helps manage $2 billion at Prosperity Capital Management.
by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:19:42 PM EST
[ Parent ]
FT.com / Columnists / European View - Ukraine gas dispute could be doing Europe a favour

The European Union began as a coal community but has failed to put together a common energy policy. The latest dispute between Russia and Ukraine has once again exposed the need for such a policy with several EU member states struggling to cope with the interruption of Russian gas supplies in a particularly cold winter spell.

Yet the crisis - as a study by the Centre of European Reform concludes - could be doing Europe a favour by providing the catalyst to establish an integrated internal European gas market and other common measures to enhance EU energy security.

A similar disagreement between Russia and Ukraine three years ago provoked considerable panic throughout Europe. Individual countries intensified their efforts to reduce their dependence on Russian gas imports. They diversified their gas supplies by turning to sources such as Norway, Algeria or Libya. The richer EU nations stepped up investments in liquefied natural gas to diversify even further their gas supplies. They also expanded gas storage facilities while exploring alternative, renewable sources of energy as well as promoting the revival of the nuclear sector.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:20:17 PM EST
[ Parent ]
EUobserver: EU monitors to end Russia-Ukraine gas war

EUOBSERVER / BRUSSELS - The shape of an EU-dominated monitoring team that is to end the Russia-Ukraine gas dispute became clearer on Thursday (8 January), while EU ministers agreed the problem has taken on a Europe-wide political dimension.

"We have an agreement with the EU that when the international observers are in place in Ukraine and have access to the transit stations, we will immediately restore gas supplies to Europe," Gazprom CEO Alexei Miller said in Brussels, as the Russian and Ukrainian diplomatic machines hit the EU capital.

The monitoring committee is to comprise European Commission officials, delegates from affected EU companies and staff from the Russian and Ukrainian energy ministries, with 10 EU firms having already confirmed they will take part, Mr Miller explained.

The Gazprom chief said he had given "a relevant document, a protocol" on the mandate of the monitoring mission to EU energy commissioner Andris Piebalgs. Ukraine officials said they had signed a formal invitation for European Commission staff to enter the country.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:37:51 PM EST
[ Parent ]
Putin approves EU deal to turn on gas - Europe, World - The Independent

Moscow has agreed to the deployment of international monitors to oversee the transit of Russian gas to EU countries via Ukraine, clearing the way for the resumption of European gas supplies, the Czech EU presidency announced last night.

Earlier, a senior Czech official said Russia's gas exporting monopoly, Gazprom, had baulked at a deal, insisting that Russian monitors be allowed inside Ukraine, which it claims is stealing gas piped to EU markets across its territory. The breakthrough came after talks between the Czech Prime Minister, Mirek Topolanek, and German and Russian leaders.

"This deployment should lead to the Russian supplies of gas to EU member states being restored," the EU said. There was no mention of any timeframe for deploying monitoring teams, nor did it say when supplies might be restored.

by afew (afew(a in a circle)eurotrib_dot_com) on Fri Jan 9th, 2009 at 02:22:23 AM EST
[ Parent ]
not to be too specific about gas supplies being restored in order not to damage my credibility?

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Fri Jan 9th, 2009 at 04:34:58 AM EST
[ Parent ]
Nato warning for Russia over 'political' gas crisis - Times Online

Frantic efforts to restore gas supplies to millions of European comsumers failed today after Russia flatly refused to turn the pipeline back on.

A European Union plan to send monitors to both countries, agreed in principle by Moscow and Kiev as a way of breaking the deadlock between them, faltered at the 11th hour when Russia demanded that its own inspectors should be sent into Ukraine alongside independent experts.

The row has has left 12 countries without any deliveries in freezing temperatures and seen hundreds of schools and factories closed to conserve fuel. Hundreds of thousands of people across the Balkans, the worst-affected region, found themselves without heating and some hospitals were forced to close in Serbia as the thermometer dipped below minus 10 degrees Celsius.

A senior US diplomat warned that Nato might have to intervene to help alliance members such as Bulgaria and Romania if the crisis drags on. "There is a commercial dispute at the heart of this, but this also has political overtones - we have seen Russia over time using such events to gain political leverage," said US Ambassador to Nato Kurt Volker.

[Murdoch Alert]
by Fran (fran at eurotrib dot com) on Thu Jan 8th, 2009 at 03:57:47 PM EST
[ Parent ]
Well, that's helpful.

"The basis of optimism is sheer terror" - Oscar Wilde
by NordicStorm (michael<-at->sturmbaum.net) on Thu Jan 8th, 2009 at 05:10:08 PM EST
[ Parent ]
Perhaps the NATO let their subscription to ET lapse, where it was reported yesterday that the presidents or premiers or whatever of both countries said there were enough reserves for most of the winter.

Skennah Kowa
by Crazy Horse on Thu Jan 8th, 2009 at 05:17:35 PM EST
[ Parent ]
It all depends on how you define reserves. I would give those stories of shortages in bulgaria considerable credence. What the reserve gas is for is not for normal domestic consumption but for other uses (ie for the elites). I don't know if they use gas for electricity generation, but i do know bulgarian electricity is shambolic anyway. so any reduction in capacity will have a profound effect on supply.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Jan 8th, 2009 at 05:38:55 PM EST
[ Parent ]
From yesterday's Salon:

XInhua: Bulgaria can live on gas shortage regime for 100 days: president (2009-01-08)

Bulgaria faces no austerity measures in electricity consumption, and no termination of central heating, and its economy could function for up to 100 days on the country's reserves, Bulgarian President Georgi Parvanov announced Wednesday.
...

In the president's words, the only effect of the gas shortage that most Bulgarians would feel was slight reduction in the amount of heat they received from the central heating plants.

In the medium run, Parvanov mentioned some other measures to provide for Bulgaria's energy security including the expansion of the Chiren storage facility, and more importantly, building a 70-kilometers long gas transit pipeline between the Bulgarian city of Dimitrovgrad and the Greek town of Komotini, with which Bulgaria would join the Turkey-Greece-Italy pipeline.

Also Xinhua: PM: Romania capable of coping with gas supply for winter (2009-01-08)

Romania has enough of its own natural gas stocks and production to manage despite the cut-off of its Russian gas supplies, Prime Minister Emil Boc said Wednesday.
Boc made the statement after discussing the natural gas crisis with President Traian Basescu. He said that they agreed that Romania has to look for alternative energy resources so as to avoid similar problems in the future.

...

Boc said that with current stocks, Romania is capable of supplying enough gas for heating in the winter as long as there is no extreme weather.

Skennah Kowa

by Crazy Horse on Fri Jan 9th, 2009 at 04:40:10 AM EST
[ Parent ]
And of course who cares about Serbia? Serbia is not in EU so Serbs can die frozen freely...And the only country marked as already suffering ( closing hospital) is Serbia.You guys amaze me...
by vbo on Fri Jan 9th, 2009 at 05:21:48 AM EST
[ Parent ]
Well what about Serbia? If you would put up a substantive and sourced post I'm sure we would all read it with interest.

Jesus died for somebody's sins but not mine - Patti Smith
by dvx (dvx.clt ät gmail dotcom) on Fri Jan 9th, 2009 at 05:35:19 AM EST
[ Parent ]
I was just pointing to the fact that they reported how in Serbia they are closing hospitals and NO ONE cares about what will happen with Serbs while EVERYONE including even NATO is crying for Bulgarians and Romanians...Does this look OK to you?
by vbo on Fri Jan 9th, 2009 at 07:47:30 AM EST
[ Parent ]
Of course not, but the information above is awfully vague.

That's why I hope you take my remark at face value.

Jesus died for somebody's sins but not mine - Patti Smith

by dvx (dvx.clt ät gmail dotcom) on Fri Jan 9th, 2009 at 08:08:18 AM EST
[ Parent ]
Nobody cares for Romania or Bulgaria either, it's just a convenient piece of news to stoke the panic.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 08:14:28 AM EST
[ Parent ]
You may be very well right!
by vbo on Fri Jan 9th, 2009 at 08:25:30 AM EST
[ Parent ]
I mean, for all we know the governments of Romania and Bulgaria could be lying about their ability to last for 100 days and cuts could indeed be taking place to end-users...

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 08:27:57 AM EST
[ Parent ]
How about... the storage does exist, but the government has cut the gas anyway so as to score political points by screaming at Russia, pushing the "Russia is evil" line and opportunistically begging for EU/NATO help, which they might very well get...

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Fri Jan 9th, 2009 at 09:00:15 AM EST
[ Parent ]
Yes, of course.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 09:03:45 AM EST
[ Parent ]
that doens't make any sense historically. It is very difficult to find a bulgarian with a bad word to say about the russians, even now. As far as they're concerned the russians saved them twice. Once from the Ottaman empire, then from the nazis. They are, amazingly, very much both pro-russian and pro-western.

Communism to them wasn't a remote or imposed dictatorship. Their troubles were blamed squarely on the local tough guy who was, by all accounts, quite a nasty piece of work.

So it wouldn't make sense to blame russia for this for kudos from the EU. I actually think the senior gangsters are happy to say they have plenty of gas, cos as far as they're concerned regarding their needs, it's true.

But equally, I do think that there will be shortages of power and gas occuring cos that's Bulgaria. It could be cos the country is short of gas, or local intermediaries are taking a leaf out of the Ukrainian book and making a quick buck for themselves, but I wouldn't discount the stories. There will be cold people there.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Fri Jan 9th, 2009 at 09:42:34 AM EST
[ Parent ]
Thats very much my experience of Bulgarians too.

If you're not part of the solution, you're part of the precipitate.
by ceebs (ceebs (at) eurotrib (dot) com) on Fri Jan 9th, 2009 at 09:46:40 AM EST
[ Parent ]
I was thinking more of Romania and the others like Slovakia or Poland. Still, the Bulgarians might be sneaky enough to bank on the fact that not everybody in Brussels knows that they are friendly with the Russians...

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Fri Jan 9th, 2009 at 05:58:40 PM EST
[ Parent ]

A senior US diplomat warned that Nato might have to intervene to help alliance members such as Bulgaria and Romania if the crisis drags on.

What a hell he means by "intervene"? Are they going to bomb Russia?If he wants to give gas to Bulgaria or Romania he is welcomed!
by vbo on Fri Jan 9th, 2009 at 05:25:21 AM EST
[ Parent ]
Don't worry,i's just NATO trying to look relevant.

"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char
by Melanchthon on Fri Jan 9th, 2009 at 05:36:58 AM EST
[ Parent ]
SPECIAL FOCUS Gaza
by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:13:01 PM EST
BBC NEWS | World | Middle East | UN suspends Gaza aid operations

The UN has said it is suspending aid operations in Gaza because its staff have been hit by Israeli attacks.

The suspension would continue "until the Israeli authorities can guarantee our safety and security", the UN said.

Meanwhile, the US, UK and France have dropped opposition to a UN resolution urging an immediate ceasefire, and Arab nations are studying a draft.

It comes on day 13 of an offensive by Israel aimed at stopping Palestinian militants firing rockets from Gaza.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:23:21 PM EST
[ Parent ]
Al Jazeera English - Middle East - Hamas: We will win war in Gaza

Israel's war on Gaza has left more than 700 Palestinians dead - nearly a third of them women and children - and more than 3,000 injured.

But at the organisation's headquarters in Damascus, 100km miles from the territory, Musa Abu Marzouq, the deputy head of Hamas' political bureau, told Al Jazeera why he believes his organisation is on the verge of victory against Israel.

Al Jazeera: Under what conditions will Hamas agree a ceasefire with Israel?

Abu Marzouq: We have three conditions for any peace initiative coming from any state.

First, the aggression of the Israelis should stop. All of the gates should be opened, including the gate of Rafah between the Gaza Strip and Egypt. Finally, Israel has to withdraw from the Gaza Strip.

We are not saying we will stop firing rockets from the Gaza Strip to Israel - we are only talking about stopping the aggression from the Israelis against the civilian population in the Gaza Strip.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:23:53 PM EST
[ Parent ]
US-MIDEAST: Media Eyeless in Gaza at Key Moment
WASHINGTON, Jan 7 (IPS) - Consumed by coverage of the Nov. 4 presidential election, U.S. mainstream media ignored a key Israeli military attack on a Hamas target that some Palestinians claim marked the effective end of the ceasefire between the two sides and set the stage for the current round of bloodletting.

While the major U.S. news wire Associated Press (AP) reported that the attack, in which six members of Hamas's military wing were killed by Israeli ground forces, threatened the ceasefire, its report was carried by only a handful of small newspapers around the country.

The Nov 4 raid -- and the escalation that followed -- also went unreported by the major U.S. network and cable television new programmes, according to a search of the Nexis database for all English-language news coverage between Nov. 4 and 7.

But the military action, which was followed up by an aerial attack that killed at least one other Palestinian, appears to have dealt a fatal blow to the Egyptian-mediated ceasefire that had taken effect Jun. 19 and largely held for some four and a half months.

In retaliation for the attack, Hamas launched some 35 Qassam rockets into Israeli territory Nov. 5 which, in turn, provoked Israel to severely tighten its then-17-month-old economic siege of the Palestinian territory.
by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:26:45 PM EST
[ Parent ]
MIDEAST: Children Found Starving
RAMALLAH, Jan 8 (IPS) - An international chorus of condemnation has blasted Israel over its human rights abuses in Gaza. Operation Cast Lead, into its 12th day, has now claimed the lives of over 700 Palestinians.

The International Committee of the Red Cross (ICRC) demanded safe access Thursday for ICRC officials and Palestinian Red Crescent (PRC) ambulances to evacuate the wounded. It accused Israel of deliberately delaying ambulances.

Rescue teams made several attempts to rescue the wounded and retrieve bodies in several areas of Gaza city but were refused entry by Israel Defence Forces (IDF) soldiers.

On Wednesday, however, after a week's intensive negotiations with Israeli officials, ICRC officials and PRC ambulance teams managed to reach some of the survivors in Gaza's Zeitoun neighbourhood.

The ICRC reported finding four starving toddlers next to the bodies of their dead mothers in one of the houses. The children were apparently too weak to stand. One man was found barely alive. Twelve bodies were found laid out on mattresses in the same house.
by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:28:45 PM EST
[ Parent ]
MIDEAST: Egypt Pulls Down the Shutters on Aid
CAIRO, Jan 8 (IPS) - Egyptian authorities have almost fully sealed the border with Gaza, preventing delivery of desperately needed humanitarian aid.

"The government has expressly forbidden the entry of aid convoys laden with food into the Gaza Strip," Emmad al-Din Moustafa, member of the Popular Committee for Aiding Gaza told IPS. "The continued border closure -- like the Israeli assault itself -- constitutes a crime against humanity."

Israel began a series of devastating air strikes on targets throughout the Gaza Strip Dec. 27, followed by a ground offensive launched Jan. 3. According to Israeli officials, the campaign, which has included thousands of air strikes and naval bombardment, comes in retaliation for rockets fired at Israel by Gaza-based Palestinian resistance factions.

Since the campaign began, humanitarian aid -- donated by sympathisers from across the Arab and Islamic world -- has flown into the city of Al-Arish, 40 km west of Egypt's border with the Gaza Strip. But according to local sources, Egyptian authorities are preventing the transportation of food and medicine into the besieged territory.

"The crossing has only been opened briefly five or six times to allow the entry of limited amounts of aid," Hatem Al-Bulk, political activist from Al-Arish told IPS. "About 1,000 tonnes of food have been delivered so far, but the population of Gaza needs an estimated 1,500 tonnes per day to survive."
by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:30:49 PM EST
[ Parent ]
RFI - Hezbollah denies involvement in rocket attack as Israeli army not yet asked to do "everything necessary"

The Israeli government says it has not yet given the go-ahead to increase the scale of the military operation in the Gaza Strip.

Prime Minister Ehud Olmert made the announcement during a visit to the Gaza Strip, where he was accompanied by Defence Minister Ehud Barak.

"We haven't yet reached that point and the army has not yet been asked to do everything necessary," he said.

His statement came as two Israeli soldiers were wounded on Thursday after a Palestinian rocket attack.

The attack happened during the daily three-hour suspension of bombing which Israel began on Wednesday, which is intended to enable the distribution of humanitarian aid to the territory.

While in Madrid at a press conference, Palestinian President Mahmud Abbas said that he hoped a series of rockets fired into northern Israel, from Lebanon, was an "isolated incident."

He noted that no Palestinian groups had claimed responsibility for the rockets which created panic on both sides of the border.

Hezbollah has denied any responsibility for the attacks.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:58:44 PM EST
[ Parent ]
Nasrallah Tars and Feathers | Press TV | 8 Jan 2009
Yesterday, Venezuelan President Hugo Chavez announced that he would expel the Israeli ambassador in Venezuela. He, of course, did this in order to show his support for the Palestinians. Venezuela is very close to America, it is a neighbor of America. This is Chavez. He did this because of his humanity, his sense of revolution and, in this way, he dealt a severe blow to those who are now hosting the ambassadors of Israel in their capitals and do not have enough courage to even think about telling them to leave.  ...

Yesterday, an Egyptian official said something interesting. He asked 'Does the Security Council need more than 650 martyrs and more than 2,500 wounded to make its decision and act in a responsible manner?' These are nice words to hear and I would like to ask this Egyptian official whether the Egyptian regime needs more than 650 martyrs and more than 2,500 people wounded before it permanently opens the Rafah border crossing to help the people of Gaza stand with perseverance and achieve victory? The same question that you ask from the Security Council, I am asking you. I am here talking to the Egyptian official.

What is required from Egypt is only to open the border crossing, not to declare war. I was told by some of my colleagues yesterday that a group of Egyptian lawyers, who are loyal to the Egyptian regime, have actually filed a lawsuit against me personally. They filed a lawsuit at the International Court of Justice because of my speech on the first night of the commemoration of Ashura when I called on the Egyptian leadership to open the Rafah border crossing and called on the Egyptian people and the Egyptian army to pressure the Egyptian regime to take a positive step. They considered what I said as unjust and as a call for a revolution and the toppling of the Egyptian regime.  ...

We also heard yesterday from John Bolton, a Zionist who was formerly in the American administration and is now frustrated. John Bolton pointed out the real aim of the Americans and the Zionists. The real aim, as he said, was to destroy the Palestinian cause. He spoke about separating the West Bank from Gaza. He spoke about ending the two-state proposal by keeping the state of Israel and giving part of the West Bank to Jordan and giving the Gaza Strip to Egypt. ...

Turgid Version


Diversity is the key to economic and political evolution.

by Cat on Thu Jan 8th, 2009 at 10:28:55 PM EST
[ Parent ]
WORLD
by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:13:18 PM EST
DEVELOPMENT: Africa May Face 'Centuries' of Poverty
BRUSSELS, Jan 8 (IPS) - Extreme poverty will continue to blight sub-Saharan Africa for another 200 years unless action to overcome it is intensified, a new report has suggested.

Social Watch, a network of campaigning groups, has devised a measure known as the "basic capabilities index" to assess the level of hardship throughout the world.

Its latest report finds that 80 countries -- home to half the world's population -- fare badly when three criteria are examined: the number of children who die before their fifth birthday, the proportion of children who complete primary education, and the proportion of births that are attended by trained midwives or other medical professionals.

Only 16 of these countries have registered considerable improvement since 2000. Although the countries making progress include India, home to 1.6 billion, regression has been recorded in others with a combined population of 150 million. The latter category includes Chad, Niger, Malawi, Benin and Yemen, while Bangladesh, Uganda, Nigeria, Madagascar and Ghana have been listed as stagnant.

While much of sub-Saharan Africa has recorded strong economic growth in recent years, this has not translated into a major drop in poverty levels. As things stand, the basic needs of millions of Africans will not be met until the 23rd century, with many governments struggling to fulfil pledges they have made. Zambia, for example, has undertaken to provide free basic health care for all citizens, yet continues to have one of the lowest rates of life expectancy on the planet.
by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:32:23 PM EST
[ Parent ]
Australian military warns of climate conflict: report
Australia's military has warned that global warming could create failed states across the Pacific as sea levels rise and heighten the risk of conflict over resources, a report said Wednesday.

The Australian Defence Force (ADF) analysis found the military could be called on to undertake more security, disaster relief and reconstruction missions as a result of climate change, the Sydney Morning Herald said.

"Environmental stress, caused by both climate change and a range of other factors, will act as a threat multiplier in fragile states around the world, increasing the chances of state failure," the analysis said.

"This is likely to increase demands for the ADF to be deployed on additional stabilisation, post-conflict reconstruction and disaster relief operations in the future."

The analysis, a summary of which was obtained by the paper using freedom of information laws, also noted the possibility of a serious conflict over the undersea oil and gas deposits of the Arctic as shrinking icecaps make these more accessible.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 04:01:19 PM EST
[ Parent ]
Duh

NS,S.

Do tell, do tell!

(Gawd but where would we be without Military Intelligence pointing out the blindingly obvious?)

No one could have predicted

by ATinNM on Thu Jan 8th, 2009 at 05:52:04 PM EST
[ Parent ]
China Is Losing Its Taste for U.S. Debt - NYTimes.com

HONG KONG -- China has bought more than $1 trillion of American debt, but as the global downturn has intensified, Beijing is starting to keep more of its money at home, a move that could have painful effects for American borrowers. Skip to next paragraph

Multimedia  Back Story with Keith Bradsher

The declining Chinese appetite for United States debt, apparent in a series of hints from Chinese policy makers over the last two weeks, with official statistics due for release in the next few days, comes at an inconvenient time.

On Tuesday, President-elect Barack Obama predicted the possibility of trillion-dollar deficits "for years to come," even after an $800 billion stimulus package. Normally, China would be the most avid taker of the debt required to pay for those deficits, mainly short-term Treasuries, which are government i.o.u.'s.

In the last five years, China has spent as much as one-seventh of its entire economic output buying foreign debt, mostly American. In September, it surpassed Japan as the largest overseas holder of Treasuries.

But now Beijing is seeking to pay for its own $600 billion stimulus -- just as tax revenue is falling sharply as the Chinese economy slows. Regulators have ordered banks to lend more money to small and medium-size enterprises, many of which are struggling with lower exports, and to local governments to build new roads and other projects.

by Fran (fran at eurotrib dot com) on Thu Jan 8th, 2009 at 04:46:25 PM EST
[ Parent ]
As I pointed out yesterday (http://www.eurotrib.com/comments/2008/12/31/135832/22/82#82) there are easily findable numbers for these silly journalists which could put intelligence and perspective into the knowledge base. But instead we get attempts at manipulation.

In the last year, according to this US government data http://www.treas.gov/tic/mfh.txt, the monthly holdings of Chinese money to the US went from 459 billion in Oct 2007 to 652 in Oct 2008. That is nearly a 200 billion dollar shift in one year. That's a 42% increase.

The UK increase is over 100%. Russia also more than doubled, Hong Kong increased by 30%, Switzerland also by a third. Nearly every country or category of countries increased, with few un-notable exceptions.

Yet, we are given fear, uncertainty and doubt in the alleged newspaper of note.

We are we given propaganda? Who is trying to manipulate us? For what purpose?

Never underestimate their intelligence, always underestimate their knowledge.

Frank Delaney ~ Ireland

by siegestate (siegestate or beyondwarispeace.com) on Fri Jan 9th, 2009 at 05:11:39 AM EST
[ Parent ]
A significant part of the story, at least for Russia, is getting the hell out of Agencies and moving into Treasuries instead. But the Treasuries are the last defence line.
by Sargon on Fri Jan 9th, 2009 at 07:35:37 AM EST
[ Parent ]
The Law for Removing Specific Hurdles to Production and Industrial Investment | Press TV | 4 Jan 2009

[A] a levy up to 1% of sales revenue shall be imposed on industries polluting the environment. On the basis of Article 2, the government shall, for protecting industrial exports, allocate sums for compensating some of the export costs related to capital and consumer goods, parts and accessories, and technical services.  ...

[T]he government is also obliged to adopt measures insuring that the difference between bank interest paid to the depositors and the facilities must not exceed 3%. ...

[G]overnmental corporations and organizations are obliged to give priority in purchasing to domestic manufacturers and settle the invoices of the sellers and contractors within 30 days. For protection of domestic products, the tariff of the SKD and CKD of mobile phones, home electric appliances and other electric equipment (expect cars and high tech industries) shall be respectively below 80%, and 10% the tariff of the CBU.

Turgid Version


Diversity is the key to economic and political evolution.

by Cat on Thu Jan 8th, 2009 at 10:30:43 PM EST
[ Parent ]
which seems to be only valid for the right-wing.

Obama appears with new DNC chief - Yahoo! News

WASHINGTON - President-elect Barack Obama appeared Thursday at Democratic Party headquarters with his hand-picked incoming chairman, Virginia Gov. Tim Kaine, but his predecessor, outgoing chief Howard Dean, was nowhere in sight.

Dean, who has clashed with Obama's top aides and Democratic leaders in Congress during his four-year term, is stepping down Jan. 21.

"My understanding is that he's traveling, so he couldn't attend," said Tommy Vietor, an Obama spokesman.

Obama's transition officials, however, did not immediately respond when asked whether the former Vermont governor was invited to appear alongside the president-elect and Dean's successor at the news conference.

But Democrats with knowledge of the situation, who spoke on the condition of anonymity to avoid angering the Obama team, say Dean won't attend the event at the request of Obama advisers.

by Fran (fran at eurotrib dot com) on Fri Jan 9th, 2009 at 01:27:06 AM EST
[ Parent ]
Is that how Obama thanks Dean for the 50-state strategy?

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 02:03:24 AM EST
[ Parent ]
Well, he'd love to, but he doesn't want to upset the republicans with such a divisive figure being at the inauguration (being led by Rick Warren; who is only divisive for democrats, which is okay).

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Fri Jan 9th, 2009 at 06:45:27 AM EST
[ Parent ]
[ET Moderation Technology™]

Troll-rated?

budr, are you serious or is it a mistake?

by afew (afew(a in a circle)eurotrib_dot_com) on Fri Jan 9th, 2009 at 11:04:35 AM EST
[ Parent ]
China: Largest importer of waste collapses | Environment | The Guardian

[...]Recycling has become a global industry and China is the largest importer of the world's waste materials, taking in as much as a third of Britain's recyclables for example. Then came the slump, decimating the Chinese recycling industry and leaving Britain, the US and others grappling with growing volumes of recycled waste and nowhere to send it.

"It's a canary in the coalmine: it's the front and back end of industry," said Adam Minter, who runs the Shanghai Scrap blog and specialises in the metal trade. "Until about eight weeks ago, for example, the entire [US] west coast paper market was sent to China and most of it was sent south. It was processed and made into packaging for products that then shipped back to the US ... But when US consumer demand dropped off, that broke the cycle."

Across the scrap trade, prices have halved or worse in a matter of months. Each link in the chain is disintegrating, from factories to scrapyards to collectors such as Wu, 56, a former farmer who now plans to return to Hubei province.

Official media reported that four-fifths of China's recycling units had closed and that millions will eventually be left without employment.



Jesus died for somebody's sins but not mine - Patti Smith
by dvx (dvx.clt ät gmail dotcom) on Fri Jan 9th, 2009 at 04:16:38 AM EST
[ Parent ]
Geithner Preparing Overhaul Of Bailout - washingtonpost.com

Confronted with intense skepticism on Capitol Hill over the $700 billion financial rescue program, Treasury Secretary nominee Timothy F. Geithner and President-elect Barack Obama's economic team are urgently overhauling the embattled initiative and broadening its scope well beyond Wall Street, sources familiar with the discussions said.

Geithner has been working night and day on the eighth floor of the transition team office in downtown Washington with Lawrence H. Summers and other senior economic advisers to hash out a new approach that would expand the program's aid to municipalities, small businesses, homeowners and other consumers. With lawmakers stewing over how Bush administration officials spent the first $350 billion, Geithner has little chance of winning congressional approval for the second half without retooling the program, the sources added.

That challenge is underscored by a report from a congressional oversight panel scheduled to be released today that hammers the outgoing Treasury Department for its handling of the financial rescue, including "what appear to be significant gaps in Treasury's monitoring of the use of taxpayer money." The report, moreover, faults the Treasury for failing to properly measure the success of the program or establish an overall strategy and skewers the department for not using any of the funds on foreclosure relief as Congress had directed.



Jesus died for somebody's sins but not mine - Patti Smith
by dvx (dvx.clt ät gmail dotcom) on Fri Jan 9th, 2009 at 04:17:26 AM EST
[ Parent ]
Okay, that makes sense.  I'd be wondering why I hadn't heard much about aid to the state and local governments in the stimulus package beyond the infrastructure projects, and why there hadn't been emphasis placed on small business help, which actually can stimulate job growth (unlike these idiotic cuts for large business that are basically just appeasement to the Reps).

If the second $350bn goes to these kinds of things, that brings the "stimulus package" up to $1.125tn.  Still a couple hundred billion short of what we need, but that would at least put it in the ballpark.

Be nice to America. Or we'll bring democracy to your country.

by Drew J Jones (myfriends@thisispancakes.com) on Fri Jan 9th, 2009 at 09:07:37 AM EST
[ Parent ]
...adding...And after Congress has its way with the bill, I'm sure it'll meet or exceed the necessary number, and it'll probably be a better bill.  We're getting one of those rare situations in which Dems having brass balls only when they're going up against other Dems is actually a good thing, as there's a lot of liberal pushback on the Hill from Pelosi, Kerry and Wyden, among others.

I'm especially pleased that Pelosi seems very passionate about repealing the Bush tax cuts, and that Kerry and Wyden are demanding a lot more emphasis on public works.

Be nice to America. Or we'll bring democracy to your country.

by Drew J Jones (myfriends@thisispancakes.com) on Fri Jan 9th, 2009 at 09:15:29 AM EST
[ Parent ]
I was just told about this, and I'm really pissed off...

PTSD Support: PTSD given mis-diagnosis by military -
[helping to reduce the cost for VA treatment and care-(RN)] (Army Times ~ May 04, 2007)

After several solders came forward claiming they were discharged for personality disorders but diagnosed with post-traumatic stress disorder and traumatic brain injuries, officials at Fort Carson, Colo., say statistics show 56 of the 276 soldiers discharged with personally disorders in fact had PTSD.

But officials say those PTSD cases were mild to moderate and the soldiers were discharged because of personality disorder issues.

Fort Carson soldiers have accused Army officials of everything from deploying them to Iraq with brain injuries to punishing them for behavior related to their combat injuries.

Of course, for the military to admit that these people have PTSD would make them liable for claims of occupational illness, and we can't have that, can't we?

This is what war does: you go and break another country and in the process twist and break your own people that you enlist to do the job, and then when you bring them back you just discard them and leave them to fend for themselves. Woo hoo.

Support your troops - don't have any!

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 04:27:52 AM EST
[ Parent ]
Look, maybe this is a harsh truth, but I haven't noticed many govts give a shit about the soldeirs who actually died fighting in their wars of politician's penis length. The idea they might give a shit about those who were injured must therefore be considered fantastical. the US is no different from any other in this regard. When Cheney sneers that soldiers are expendable because "they volunteered" he is simply saying aloud what most politicians think.

As for the impact of distressed soldiers upon civil society, I think you'll find that polticians don't live there either. Although we dumb schmucks imagine that, in a democracy, we employ polticians; their attitude is very different. They are above us and we are merely pawns in their games to be gamed and misled, but otherwise keep quiet.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Fri Jan 9th, 2009 at 06:53:37 AM EST
[ Parent ]
say what you will about Israel's policies and how they use their army, but they do seem to take a lot more care of their soldiers (dead, injured, prisoners) and veterans. Maybe it's just that whole society is a lot more militarised than anythign we're familiar wit hto day in Europe, but it is worth noting.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Fri Jan 9th, 2009 at 08:09:39 AM EST
[ Parent ]
I think that attitude comes from another part of Israeli society's psyche, related to the nature of its foundation and collectivist beliefs, rather than its militarism. After look at the USA, miltarised to an extent that's insane, and they are as bad as it gets with regard to consideration of soldiers after deployment.

In this, Irael is worth emulating, but i think most people would prefer their militaries weren't involved in the sort of politically expedient aggressions the West seems to increasingly favour these days. After all, it's a hard sell to say your son died "so's X could get elected" or "Y could get a milllion euro dividend bonus"

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Fri Jan 9th, 2009 at 08:36:56 AM EST
[ Parent ]
Bloomberg.com: Madoff's Missing $50 Billion Vanished as Hedge Funds Ate Up Investor Cash
Investors wondering what happened to the $50 billion that disappeared in Bernard Madoff's alleged Ponzi scheme need look no further than the fees charged by the hedge funds that marketed his money-making prowess.

Many investors left their savings in the Madoff-run funds, content in the belief that their nest eggs were doubling every seven years. Firms that sold the feeder funds, including Fairfield Greenwich Group, Tremont Group Holdings Inc. and Bank Medici AG, were paid fees every year.



"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char
by Melanchthon on Fri Jan 9th, 2009 at 09:29:33 AM EST
[ Parent ]
ROFL

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 09:34:56 AM EST
[ Parent ]
THIS, THAT, AND THE OTHER
by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:13:40 PM EST
Pink iguanas discovered on Galapagos Islands
A team of Ecuadoran and Italian researchers have discovered a unique species of pink land iguanas living on the Galapagos Islands, the scientist who wrote the report told AFP.

"It is surprising to have made a find of this magnitude in the 21st century," said Washington Tapia, head of research at the Galapagos National Park.

Researchers at first thought that the iguanas, which are pink with black spots, simply had skin pigmentation problems, Tapia said.

The first pink iguanas were discovered in 1986, and after years of research scientists concluded that it was a unique species.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 04:02:30 PM EST
[ Parent ]
Given all the focus on ET over the coutless light-hearted stories capturing our attention, to wit:  Russian Bear-eating gas, Genocide in Gaza, mini-and-maxi Madoffs, rampant under-employment, and problems trusting in the statements of political leaders in Bulgmania and Rulivia,

and Given that in times of both overarching Positivismus in world affairs and underhanded Glad-handing in secret Malta;

We, the Lloyal Lurkers of Leftistan call your attention to news you probably missed:

The first pink iguanas were discovered in 1986, the same year the Pink Iquanas released their first post-punk hit.  More importantly, it was the same year the only breeding pair of one horned cows was sacramentally removed from free-galloping captivity in the Gallopagos, by silent black helicopters with Maltese crosses in flourescent green.  Notice the sychronicity?

We now return you to your ongoing depression.

Skennah Kowa

by Crazy Horse on Fri Jan 9th, 2009 at 11:28:42 AM EST
[ Parent ]
Europe Freezes: Temperature in Germany Falls to Minus 34.6 Degrees - SPIEGEL ONLINE - News - International

Frosty weather continued to nip at Europe Thursday, with temperatures falling as low as minus 34.6 degrees Celsius in one part of Germany.

An Arctic chill continued to frost Germany on Thursday, with nighttime temperatures of minus 34.6 degrees Celsius (minus 30.28 Fahrenheit) reported at Funtensee lake in Bavaria, according to the weather service Meteomedia.

by Fran (fran at eurotrib dot com) on Thu Jan 8th, 2009 at 04:04:15 PM EST
[ Parent ]
Arctic Antics: Knut Makes the Most of Berlin's Big Freeze - SPIEGEL ONLINE - News - International

Knut the polar bear is finally in his natural habitat -- snow. The two-year old furball has been enjoying the freezing temperatures that have hit Berlin. For his fellow zoo animals like antelopes, however, it is a time to stay indoors.

While much of Germany is grumbling and griping about this week's freezing temperatures, Knut the infamous polar bear has taken to the snow flurries and icy winter conditions like a duck to water.

Berlin's most famous tenant has been frolicking in his enclosure enjoying the kind of snow and ice his fellow polar bears in the Arctic take for granted.

by Fran (fran at eurotrib dot com) on Thu Jan 8th, 2009 at 04:05:37 PM EST
[ Parent ]
Here in New Mexico we're experiencing a very warm winter.  Hardly any snow has fallen in the central and southern portions with what has fallen rapidly melting.

Facing a serious water shortage come summer.


No one could have predicted

by ATinNM on Thu Jan 8th, 2009 at 05:54:39 PM EST
[ Parent ]
by paving on Thu Jan 8th, 2009 at 06:32:27 PM EST
[ Parent ]
BBC NEWS | Science & Environment | First flight of algae-fuelled jet

A US airline has completed the first test flight of a plane partly powered by biofuel derived from algae.

The 90-minute flight by a Continental Boeing 737-800 went better than expected, a spokesperson said.

One of its engines was powered by a 50-50 blend of biofuel and normal aircraft fuel.

Wednesday's test is the latest in a series of demonstration flights by the aviation industry, which hopes to be using biofuels within five years.

The flight was the first by a US carrier to use an alternative fuel source, and the first in the world to use a twin-engine commercial aircraft (rather than a four-engine plane) to test a biofuel blend.

by Fran (fran at eurotrib dot com) on Thu Jan 8th, 2009 at 04:29:04 PM EST
[ Parent ]
Flu Found Resistant to Tamiflu Antiviral Drug - NYTimes.com

Virtually all the dominant strain of flu in the United States this season is resistant to the leading antiviral drug Tamiflu, and scientists and health officials are trying to figure out why.

The problem is not yet a public health crisis because this has been a below-average flu season so far, and because the Tamiflu-resistant strain, one of three circulating, is still susceptible to other drugs. But infectious disease specialists are worried nonetheless.

Last winter, about 11 percent of the throat swabs from patients with the most common type of flu that were sent to the Centers for Disease Control and Prevention for genetic typing showed a Tamiflu-resistant strain. This season, 99 percent do.

"It's quite shocking," said Dr. Kent A. Sepkowitz, director of infection control at Memorial Sloan-Kettering Cancer Center in New York. "We've never lost an antimicrobial this fast. It blew me away.

Tamiflu was also supposed to be the 1st line of defense in the event of an outbreak of avian flu.

Jesus died for somebody's sins but not mine - Patti Smith

by dvx (dvx.clt ät gmail dotcom) on Fri Jan 9th, 2009 at 04:21:19 AM EST
[ Parent ]
Not to troll, but one of the worst parts of the US healthcare system is that it has very bad control of drugs from a public health point of view.

There's been massive over-use of Tamiflu for the last few years, propelled by patients who see it as a miracle recovery drug - notably they tend have not utilised the vaccines for the strain that were provide.

Such widespread misuse was bound to lead to the quick development of a resistant strain.

by Metatone (metatone [a|t] gmail (dot) com) on Fri Jan 9th, 2009 at 09:18:20 AM EST
[ Parent ]
The makers of Tamiflu made a lot of money selling it and now they can develop another drug and sell that one instead.

What's not to like?

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 09:36:26 AM EST
[ Parent ]
Dying of flu in the meantime.
by afew (afew(a in a circle)eurotrib_dot_com) on Fri Jan 9th, 2009 at 10:02:38 AM EST
[ Parent ]
Market-driven demand destruction.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 10:11:07 AM EST
[ Parent ]
Heh. And I thought I was twisted. :)

Jesus died for somebody's sins but not mine - Patti Smith
by dvx (dvx.clt ät gmail dotcom) on Fri Jan 9th, 2009 at 10:23:29 AM EST
[ Parent ]
Perhaps the sticky issue being that they haven't developed another drug yet?
by Metatone (metatone [a|t] gmail (dot) com) on Fri Jan 9th, 2009 at 10:24:01 AM EST
[ Parent ]
How is that trolling? It's obviously true (and one instance of a much larger global problem).

I posted this item as much because it appealed to my dark and twisted sense of... somethingorother ... as for its news value.

Jesus died for somebody's sins but not mine - Patti Smith

by dvx (dvx.clt ät gmail dotcom) on Fri Jan 9th, 2009 at 10:22:51 AM EST
[ Parent ]
Gut reflex from some other websites where questioning the balance between public health and patient desires isn't welcome.
by Metatone (metatone [a|t] gmail (dot) com) on Fri Jan 9th, 2009 at 10:25:07 AM EST
[ Parent ]
"desires" not needs?

Jesus died for somebody's sins but not mine - Patti Smith
by dvx (dvx.clt ät gmail dotcom) on Fri Jan 9th, 2009 at 10:30:05 AM EST
[ Parent ]
Typo - I meant to say "public health needs" and "patient desires" - if that makes more sense...
by Metatone (metatone [a|t] gmail (dot) com) on Fri Jan 9th, 2009 at 10:45:23 AM EST
[ Parent ]
Public health wrt infectious diseases isn't exactly the best environment for individual liberty...

Un roi sans divertissement est un homme plein de misčres
by linca (antonin POINT lucas AROBASE gmail.com) on Fri Jan 9th, 2009 at 10:48:07 AM EST
[ Parent ]
Communist! Individual liberty is nonnegotiable.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 10:54:42 AM EST
[ Parent ]
Well, in the US system, germs' individual liberty is respected...

"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char
by Melanchthon on Fri Jan 9th, 2009 at 11:02:28 AM EST
[ Parent ]
Havana Journal - For a Lone Mechanic, Cuba Is Still Hog Heaven - NYTimes.com

HAVANA -- Sergio Morales's friends gently rib him about the dirt under his fingernails and the grease that fills every line in his 58-year-old hands. The grease has been there so long, they tell him, that it must predate Fidel Castro's revolution.

But Mr. Morales has heard all the jokes, and not a single one makes him look up from his work.

He just shifts his cigarette from one side of his mouth to the other as his fingers twist and caress the tools in front of him, granting new life to one of the few Harley-Davidson motorcycles that remain in Cuba. Like Mr. Morales, and possibly the gunk on his hands, they too predate the 1959 revolution.

Mr. Morales is the last mechanic here making his living by fixing them the old-fashioned Cuban way, with homemade parts to preserve a nugget of Americana in the alleys of Havana.

[...]

Mr. Morales's personal bike is a 1950 Panhead, christened El Indio, which he bought in 1986 for $1,000 after selling his 1945 Flathead. The bike, which would easily fetch $10,000 in the United States today, still carries nearly all of its original parts. The wheels, though, are borrowed from a Skoda -- the Czech automobile. Mr. Morales even fitted the bike with a sidecar, lifting the chassis from a Soviet Ural sidecar and designing a homemade copy of a Harley body.



Jesus died for somebody's sins but not mine - Patti Smith
by dvx (dvx.clt ät gmail dotcom) on Fri Jan 9th, 2009 at 05:45:37 AM EST
[ Parent ]
KLATSCH
by afew (afew(a in a circle)eurotrib_dot_com) on Thu Jan 8th, 2009 at 03:14:03 PM EST
Charles Bremner - Times Online - WBLG: Rachida Dati -- super-women or reckless mother

Here's a picture of a courageous super-woman. No, it's not. It shows a bad mother and disgrace to the feminist cause. The argument has been raging since the unexpected return to work of Rachida Dati, the French Justice Minister. Only five days earlier, she gave birth to her first baby -- by  caesarean section. The father's identity remains a state secret. More on that below

Dati, 43, the glamour-figure of President Sarkozy's government, left her clinic in the 16th arrondissement yesterday morning. In freezing weather, the single mother showed Zohra, her baby, to admirers (picture below). An hour later, she turned up looking trim in stiletto heels and a tight suit for the weekly cabinet session. Sarko opened by contratulating "la jeune maman" -- the young mummy.

The very image-conscious Dati was pulling off one her stunts. Her decision to forego the standard three-month maternity leave was ridiculed by those who see her as a pushy, over-promoted favourite of the President. Her admirers saw her return as typical of the pluck that took her from a childhood on the immigrant housing estates to one of the highest government posts.

[Murdoch Alert]
by Fran (fran at eurotrib dot com) on Thu Jan 8th, 2009 at 03:59:05 PM EST
[ Parent ]
I must say I agree with Bremner. I was asking the same question. Her baby is barely 5 days old and she leaves it alone - the first weeks of live are the most important for the mother/child bond, can not bring up much understanding for her, though I absolutely believe that it is possible for women to have both, children and career, but this is overdoing it. Besides she gives a bad example.
by Fran (fran at eurotrib dot com) on Thu Jan 8th, 2009 at 04:01:42 PM EST
[ Parent ]
She should have used her entire maternity leave entitlement. Now assholes in France will be able to tell new mothers "if Dati could go back to work within a week, so can you".

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Thu Jan 8th, 2009 at 04:31:54 PM EST
[ Parent ]
That is just terribly reckless. The only way to interpret that is that she thinks her job is more important than her newborn child!

Also:

The names of other possible fathers are still circulating. José-Maria Aznar, the former Spanish Prime Minister, is first among them despite his public denials last autumn.

Uh, I hope the baby takes after the mother...

I'm going to start an Internet rumour right here: DSK is the father!

"The basis of optimism is sheer terror" - Oscar Wilde

by NordicStorm (michael<-at->sturmbaum.net) on Thu Jan 8th, 2009 at 05:08:18 PM EST
[ Parent ]
she thinks her job is more important than her newborn child!

Of course, she would be in quite good (or bad) company by that standard...

"The basis of optimism is sheer terror" - Oscar Wilde

by NordicStorm (michael<-at->sturmbaum.net) on Thu Jan 8th, 2009 at 05:12:01 PM EST
[ Parent ]
Word on the street is that her job (Justice minister) is indeed in danger: she has managed to antagonize just about every magistrates and lawyers in France, by pushing "reforms" and by her very confrontational style (copied from her mentor, N.Sarkozy).
Sarkozy, it's been whispered, is getting tired of the endless conflicts she generates (he doesn't like competition?) and was reported to prepare to dump her...

Europeans think a hundred miles is a long way. Americans think a hundred years is a long time.
by Bernard on Sat Jan 10th, 2009 at 07:49:22 AM EST
[ Parent ]
Henri Proglio, the boss of Veolia.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Thu Jan 8th, 2009 at 06:24:39 PM EST
[ Parent ]
Very Serious People do not very serious things...
by afew (afew(a in a circle)eurotrib_dot_com) on Fri Jan 9th, 2009 at 02:55:45 AM EST
[ Parent ]
How is that possible when DSK is so obviously impotent?
by paving on Thu Jan 8th, 2009 at 06:33:46 PM EST
[ Parent ]
A ´truly serious male´ reporter with the dogmatic ´knowledge´ to judge motherhood...  Seriously righteous and entitled arrogance, for lack of something real to write about?  

Dati may be playing iron-woman to her neoliberal set, decades too late, but she seems to have plenty of other complaints to write about that are not gender-exclusive:  Not surprisingly, (a) man will never be judged in a comparable situation.

If the media continues to give voice to people who don´t know what the hell they are talking about, is it any wonder that the vat acts as if it has the right to impose dogma-sans-experience for the whole world about WOMEN, FAMILY, SEX...?  

Our knowledge has surpassed our wisdom. -Charu Saxena.

by metavision on Thu Jan 8th, 2009 at 05:09:11 PM EST
[ Parent ]
It makes you wonder about the mores of the current French adminstration, where power and initiative reside with the president and his close advisers, leaving the prime minister and the cabinet to play second fiddle. Whose choice was it to time the announcement of important reforms of the French justice system around the term of the justice minister's pregnancy?

You're clearly a dangerous pinko commie pragmatist.
by Vagulus on Thu Jan 8th, 2009 at 08:32:54 PM EST
[ Parent ]
Squirrels Start House Fire At Former Attorney General's Cottage: Blaze At Lord Mayhew's Property | Strange News | Sky News

The rodents are believed to have gnawed their way through cables, sparking the blaze at the property belonging to former MP Lord Mayhew on Wednesday afternoon.

Firefighters battled the flames for almost two hours at the two-storey cottage in Goudhurst, near Cranbrook, Kent, currently inhabited by tenants.

Lord Mayhew told the Kent Messenger: "The fire broke out in a void behind an airing cupboard and the most probable cause was squirrels chewing through cables."

A spokeswoman for Kent Fire and Rescue Service estimated about 90% of the first floor and roof void had been "severely damaged".



If you're not part of the solution, you're part of the precipitate.
by ceebs (ceebs (at) eurotrib (dot) com) on Thu Jan 8th, 2009 at 04:06:37 PM EST
[ Parent ]
Squirrels in the airing cupboard?

Alien reptiles, more like.

by afew (afew(a in a circle)eurotrib_dot_com) on Fri Jan 9th, 2009 at 02:45:22 AM EST
[ Parent ]
Nah, ball lightning.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Jan 9th, 2009 at 02:48:43 AM EST
[ Parent ]
Some old favorites worth checking:

http://proxyland.blogspot.com/
Financial Oxymoron of the Year:  The envelope, please.

As the year wore on, analysts warned of an Oxymoron Bubble. Nearly every two-word phrase on the business page seemed to qualify. To wit:

financial services
financial system
market discipline
government oversight
business judgment
free market

Let's throw in Federal Reserve. And is it too soon to add modern civilization? OMG, I need to get a grip.

"European Union"?

Our knowledge has surpassed our wisdom. -Charu Saxena.

by metavision on Thu Jan 8th, 2009 at 05:24:58 PM EST
[ Parent ]
Nothing is more absurd than "health care system." Wait ... "deferred success" shoulda been a contender, but it's in the next post down re: Citibank ...oh wait ... BREAKING: a submission by Marty "tradeable gas rights" Feldstein.

defense spending

Defense spending will have a small part of the [stimulus] package, but some is expected to be included along with domestic programs. And in his own testimony before the House, Harvard economist Martin Feldstein argued that the bill could be an opportunity to address the need to replace and repair equipment strained by the war in Iraq.

"Both supplies and equipment will eventually need to be replaced," Feldstein said. "Now is the time to do that."



Diversity is the key to economic and political evolution.
by Cat on Thu Jan 8th, 2009 at 06:05:12 PM EST
[ Parent ]
Thanks for the Simone de Beauvoir stuff.

Skennah Kowa
by Crazy Horse on Thu Jan 8th, 2009 at 06:29:38 PM EST
[ Parent ]
Paul Roberts, "economist" and WSJ editor, has finally gone off the rails. He's been a requent contributor at Counterpunch. I've been fascinated over the past half year by his radicalization. Today he dropped his Reagan credential like so much dirty laundry.

The Difficulty of Being an Informed American | 8 Jan 2009

It is the same propagandistic American print and TV media that have rationalized Bush's illegal invasion of Iraq and Afghanistan based on seven years of lies and deception.

It is the same media that today provids only Israeli propaganda as "coverage" of the Israeli war crimes in Gaza.

It was the New York Times that spiked for one year the leaked information from the National Security Agency that the Bush regime, in violation of US law, was illegally spying on Americans without warrants.  The "liberal" New York Times agreed to suppress the story so that Bush would not face reelection under the cloud of his outlaw behavior.

Conservatives think the Washington Post is "liberal media" despite the fact that the  editorial and commentary pages are controlled  by neocons and their sympathizers.   ...

People who have access to television services that provide English language foreign broadcasts, such as Iran's Press TV,  Russia Today, or Al Jazeera, can get get news and insights from those parts of the world demonized by the US media.

The BBC World Service still reports facts while covering itself  by providing the views of the US, UK, and Israeli  governments.

Both the Asia Times and Israeli newspapers, such as Haaretz can be read online in English.  There are other such newspapers, and all of them provide information that Americans will never see in their own media.  Any American newspaper that was as truthful about the Israeli  government as Haaretz would be closed down.

The only US print source with which I am familiar in which some honest reporting can be found  on a regular basis is the McClatchy papers.

Americans addicted to print media must turn to alternative newspapers, which tend to be weekly or bi-weekly. However, the news and commentary provided are often superb....

I hope he feels better soon.

Diversity is the key to economic and political evolution.

by Cat on Thu Jan 8th, 2009 at 10:36:49 PM EST
[ Parent ]
There goes his career.

No one could have predicted
by ATinNM on Thu Jan 8th, 2009 at 10:51:17 PM EST
[ Parent ]
I don't see him dropping any Reagen credentials here. He's been writing like this for several years, and every now and then he will write about the Reagan administration as though it was perfect, claiming that the rot set in later.
by gk (g k quattro due due sette "at" gmail.com) on Fri Jan 9th, 2009 at 01:06:36 AM EST
[ Parent ]
I will defer to your skepticism. The former-Treasury moniker was missing yesterday, for once.

I didn't read Counterpunch until last year, when I discovered Hudson there. Of course, I haven't read Roberts's book. So I've been inclined to interpret his choice of topics as an expression of a psychological process, rather than fee-for-output if you will.

It's been said somewhere, extreme "conservativism" and "liberalism" meet at an intdeterminate point along a circle of political expediency. If so, I nominate Roberts's for most agitated photon on the wheel.

Diversity is the key to economic and political evolution.

by Cat on Fri Jan 9th, 2009 at 08:36:29 AM EST
[ Parent ]
You can find his arguments in favour of Reagan here. He's reiterated these ideas more recently, and I don't think he's recanted. One the one hand, if he can convince Reagan fans that their hero did exactly the opposite of what they thought he did, why bother arguing with him? On the other hand, it does show you that the two extremes don't meet quite as closely as you think (and as I thought as well, when I first read Roberts).

You can find more of his writings, and similar articles, at antiwar.com, which is a right-libertarian site; the fact that a lot of articles are shared with counterpunch  does lend some support to your claim.

by gk (g k quattro due due sette "at" gmail.com) on Sun Jan 11th, 2009 at 03:25:47 PM EST
[ Parent ]
I'm always happy to post back up for my heresies ;-)

Is love just a chemical cocktail?

Writing in the respected scientific journal Nature, Professor Young argues that love can be explained by a series of neurochemical events in specific brain areas.

Unfortunately there are no effective painkillers to dull the excruciating experience of Brian Ferry.

You can't be me, I'm taken

by Sven Triloqvist on Fri Jan 9th, 2009 at 04:39:12 AM EST
[ Parent ]


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