European Salon de News, Discussion et Klatsch - 28 October

by Fran
Tue Oct 27th, 2009 at 05:48:31 PM EST

 A Daily Review Of International Online Media 


Europeans on this date in history:

1901 – Birth of Eileen Shanahan, one of the small number of Irish women poets. Her best-known poem, The Three Children (Near Clonmel), was included in the Oxford Book of Irish Verse (1958).(d. 1979)

More here

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 EUROPE 



Capitalism without bankruptcy is like Christianity without hell. Frank Borman

by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 02:57:36 PM EST
BBC NEWS | World | Europe | Sick Berlusconi to miss EU summit

Italy's Prime Minister Silvio Berlusconi has a bout of scarlet fever and will miss this week's EU summit in Brussels, his foreign minister says.

The minister, Franco Frattini, said he would attend instead of Mr Berlusconi.

Italian media reports say Mr Berlusconi, 73, has a mild form of the fever, which can result in a sore throat, high temperature and rash.

He is thought to have caught it from one of his grandchildren. Doctors have advised him not to travel yet



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:25:58 PM EST
[ Parent ]
This diplomatic "fever" does not prevent him from raging on popular TV shows against communist judges and vast conspiracies to oust him from power.

He's pissed that the appeals court confirmed Mills' guilty sentence today to 4 and a half years prison (0f which he will not serve an hour thanks to the Prodi-Mastella holy indulgence law.)

The sentence established that Mills was corrupted by Berlusconi to perjure himself under oath. Mills' false testimony saved Berlusconi in one of his many criminal trials.

Now the sentence will go to the highest court where it will likely be confirmed but extinguished over the statute of limitations.

Two radical reforms are needed in Italy. One: A defendant who is found guilty must begin to serve his prison sentence rather than wait out another two grades of justice. Two: Once the first trial begins or a suspect is caught, the statute of limitations ceases to be.

by de Gondi (publiobestia aaaatttthotmaildaughtusual) on Tue Oct 27th, 2009 at 06:57:32 PM EST
[ Parent ]
Al Jazeera English - Europe - Iran hails Turkey's nuclear support

Mahmoud Ahmadinejad, Iran's president, has said that he "appreciates" the support shown by Recep Tayyip Erdogan, Turkey's prime minister, over Tehran's nuclear programme.

Erdogan, who arrived in Tehran for bilateral talks on Tuesday, has accused Western nations of hypocrisy in criticising Iran's uranium enrichment programme while remaining silent on Israel, which is believed to have an undeclared nuclear arsenal.

Ahmadinejad told Erdogan: "When an illicit regime possesses nuclear arms, one can not talk about depriving other nations from the peaceful nuclear programme.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:26:30 PM EST
[ Parent ]
Al Jazeera English - Europe - Czech court hears Lisbon case

The Czech Constitutional Court is considering a complaint against the European Union's reform treaty by 17 Eurosceptic senators who say the document would infringe Czech national sovereignty.

The Lisbon Treaty, which is meant to streamline decision-making in the bloc and give the EU greater clout on the world scene, has to be ratified by all 27 EU member states, with the Czech Republic the only country yet to do so.

Jan Fischer, the country's prime minister, said he did not expect the court to make an immediate decision on Tuesday and that a subsequent hearing would probably make the ruling.

The court has rejected a similar complaint before and most lawyers expect the complaint will be dismissed.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:29:09 PM EST
[ Parent ]
David Lammy calls for pan-European approach to copyright protection | Media | guardian.co.uk

David Lammy, the intellectual property minister, has today warned that the UK cannot solve the problem of copyright piracy without the support of other European governments.

Lammy, speaking at the government's digital creative industries conference C&binet, said the UK has been stymied in its efforts to strengthen the enforcement of copyright because it is a "minority" player on the European stage.

"Some people tell me that content is national, they tell me the solutions lie in my backyard [but] this is not right, content is international," he added.

"Solutions lie internationally. For us, solutions lie in Europe. The UK must continue to encourage and support wider innovation and improve access to copyright works. But we can do relatively little domestically. A great deal of policy making is harmonised at European level and progress simply can't be made without a European consensus," Lammy said.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:55:10 PM EST
[ Parent ]
EurActiv: EU vows to break down digital borders
The flow of digital content is hampered by national borders and their laws, an EU report published last week shows, leading the European Commission to argue that better rules on consumer access and copyright are needed.

[...]

Eliminating illegal downloads has been a key priority for the EU. The issue has dominated year-long discussions on the Union's pending telecoms package, which was derailed in the summer after a row over Internet users' rights and illegal downloads.

The Parliament surprised onlookers last Thursday by voting against an amendment on users' rights that it had fought hard to retain (EurActiv 23/10/09). Amendment 138, which would give accused illegal downloaders the right to a fair trial, was reworded to a right to "a prior, fair and impartial procedure".

Internet activists argue that big media is lobbying the EU because trials are too costly and too slow. But downgrading the job of penalising illegal downloaders to a judicial authority would be marred with errors as Internet addresses are not an accurate way of tracking the person who downloaded content illegally, activists argue.

by nanne (zwaerdenmaecker@gmail.com) on Tue Oct 27th, 2009 at 04:53:54 PM EST
[ Parent ]

Two things that didn't end communism
Reagan and 'people power': The 20th anniversary of the fall of the Berlin Wall offers a chance to demolish some of the myths

...there is now a near-consensus among historians that Mr. Reagan's policies not only failed to end the Cold War, but probably prolonged it for several years beyond its likely end date, by propelling the most reactionary Communists into power.

"The more belligerent the United States became, in terms of Reagan's rhetoric and in terms of arms buildup, the stronger the hard-liners became in Moscow," Mr. Brown says.

"Whenever the Cold War became colder, the most militant Communists, the KGB and the military-industrial complex within the Soviet Union became stronger."

In fact, the collapse of communism was probably made possible, and certainly rendered peaceful and non-violent, by quite another set of Western policies - the kinds of policies that are finally being revisited today as an alternative approach to such authoritarian governments as those of Iran, Myanmar and North Korea.

West German governments, starting with chancellor Willy Brandt in the 1970s, decided to meet the Communist East with engagement and aid, not confrontation.

These NeueOstpolitik ("new eastern policy") tactics provided targeted financial assistance and even bought hundreds of dissidents out of prison.

At the same time, the East European regimes had become linked to the West by borrowing tens of billions of dollars from petroleum-enriched banks. There was no talk of financial boycotts.

These two policies had an extraordinary effect. In public, Communist regimes were competing directly and aggressively with the market-oriented West. But behind the scenes, in places where it mattered, these regimes had become deeply dependent on the West.

Avoid the comments section...

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

by Jerome a Paris (jeromeguillet@yahoo.fr) on Tue Oct 27th, 2009 at 06:31:54 PM EST
[ Parent ]
Eh, comments weren't too bad.

WHEEEEEEEEEEEEEEEEEEEEE!!
by Drew J Jones (myfriends@thisispancakes.com) on Wed Oct 28th, 2009 at 10:02:30 AM EST
[ Parent ]
A huge fucking scandal (think Clearstream) has been in the process of being uncovered in Sweden during the last few days.

Jan Guillou, number one journalist in Sweden (and well-known upper-class multimillionaire extremist, with a history of supporting everyone from Mao and PFLP to Saddam Hussein), has been shown to have been a KGB agent between at least 1967 and 1972, and was very possible tipped off by the KGB about the IB (according to retired senior KGB operative Boris Grigorjev), the secret Swedish intelligence agency which Guillou and two other fellows unveiled in 1973. This was the journalistic "discovery" of the century and launched Guillous career which has powered on since. It's even more fucked because Guillou later became friends with the old boss of the IB, who helped him write bestselling spy novels... It's really, really fucked up.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Wed Oct 28th, 2009 at 12:01:58 AM EST
[ Parent ]
diary and translations of sources, please.  But what do you think the effect on Swedish politics will be?

Skennah Kowa
by Crazy Horse on Wed Oct 28th, 2009 at 03:41:33 AM EST
[ Parent ]
I haven't found anything in English about this yet, and the material in Swedish is just huge.

I don't think this will affect Swedish domestic politics, more than that people will dislike the politically correct  May-68 elite even more, now that their first bannerman turned out to have had secret contacts with the KGB. A lot of people are probably saying "told you so" right now.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Wed Oct 28th, 2009 at 01:53:18 PM EST
[ Parent ]
Type

Jan Guillou + KGB

in the Google search window and 77,100 'hits' come back.

Don't know enough background to provide links to qualified, informative, information.

Madness takes its toll. Have exact change ready

by ATinNM on Wed Oct 28th, 2009 at 02:13:23 PM EST
[ Parent ]
"informative" s/b "pertinent"

Madness takes its toll. Have exact change ready
by ATinNM on Wed Oct 28th, 2009 at 02:15:40 PM EST
[ Parent ]
Zwei Drittel der Bundesbürger sagen Nein | Sueddeutsche | 31.10
Der Tag, an dem Angela Merkel zur Kanzlerin gewählt wird, beginnt mit einer Nachricht, die weder die CDU-Chefin noch ihren künftigen Außenminister Guido Westerwelle erfreuen dürfte.

Eine Erhebung des Meinungsforschungsinstitutes Forsa macht deutlich, was das Wahlvolk von den von Merkel und Westerwelle abgesegneten Steuererleichterungen hält: Wenig.

Die in den Koalitionsgesprächen ausgehandelten Steuersenkungen auf Kosten des Staatshaushalts kommen bei den Deutschen nicht gut an. Nur 22 Prozent der Bundesbürger finden sie in der Umfrage für den stern verantwortlich, 69 Prozent - insbesondere die Anhänger der Oppositionsparteien - sind dagegen

Poll shows that most Germans don't think much of the Merkel/Westerwelle tax cut plans: 69% are against them.
by gk (g k quattro due due sette "at" gmail.com) on Wed Oct 28th, 2009 at 04:16:12 AM EST
[ Parent ]
with any luck, this first day of Guido Westerwelle's tenure as vice Chancellor is the beginning of his sinking into deep quicksand from which he remains impotent and invisible.

FDP = Fook Deutsche People

Of course, i've got nothing personal against him, i'm completely impartial. that's why i used the quicksand image, wishing it wasn't merely an image.

Skennah Kowa

by Crazy Horse on Wed Oct 28th, 2009 at 04:25:46 AM EST
[ Parent ]
Sie ernten, was sie säen | Sueddeutsche | 38.10.09
Die größere Panne als der kleine Mikro-Unfall hatte Bundestagspräsident Norbert Lammert wenige Sekunden zuvor verkündet: Statt der 332 Abgeordneten von CDU, CSU und FDP haben lediglich 323 Abgeordnete für sie gestimmt. Neun Stimmen fehlten Merkel aus den eigenen Reihen. Denn beim Zählappell in den Fraktionen am Morgen waren noch alle da. "Auch wegbleiben ist eine Statement", schimpft danach einer aus der Unionsfraktion.
9 members of her coalition didn't vote for the new government, despite having all been present that morning....
by gk (g k quattro due due sette "at" gmail.com) on Wed Oct 28th, 2009 at 11:27:52 AM EST
[ Parent ]
Should Britain join the euro? | Business | guardian.co.uk

When the Treasury decided in the summer of 2003 that its five tests for entry into the euro had not been met, the subject was kicked deep into the political long grass and has remained there ever since.

That may change. The fact that Britain proceeded to grow faster and had lower unemployment than the big economies of euroland meant those who supported UK membership of the euro - including Tony Blair, now one of those tipped to be the European Union's first president - remained silent.

But with Germany and France poised to record strong growth in the third quarter and Italy looking well placed to return to growth, the question of whether Britain should join is being raised once again.



Europeans think a hundred miles is a long way. Americans think a hundred years is a long time.
by Bernard on Wed Oct 28th, 2009 at 11:45:18 AM EST
[ Parent ]
The comments are funny (in a dark and grim humour sort of way).

When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Oct 28th, 2009 at 12:03:11 PM EST
[ Parent ]
 ECONOMY & FINANCE 



Capitalism without bankruptcy is like Christianity without hell. Frank Borman

by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:01:02 PM EST
BBC NEWS | Business | Wind turbine maker's profits soar

Vestas, the world's largest wind turbine maker, has reported a big jump in quarterly profits after increasing deliveries of turbines.

Net profit for July to September came in at 165m euros ($246m; £150m), up 70% on the 97m euros recorded a year ago.

Revenue rose to 1.81bn euros from 1.76bn euros a year ago.

Vestas workers staged a sit-in protest at its site in the Isle of Wight this summer, after the firm shut the factory there with the loss of 425 jobs.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:11:59 PM EST
[ Parent ]
also announced a new 6MW turbine for offshore (it's more an announcement of an announcement, but it should jolt the industry nonetheless).

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (jeromeguillet@yahoo.fr) on Tue Oct 27th, 2009 at 06:10:54 PM EST
[ Parent ]
remember when the 'puter industry used to announce vaporware?

Step right up and buy your 6MW variable diameter windmill right here, buy two and get a free energy tonic.

(Vestas does indeed have some innovative engineering in their latest models, so stay tuned as the actual turbine gradually emerges.)

But ya gotta love computer animation, or as J so accurately put it, an announcement about an announcement.

Skennah Kowa

by Crazy Horse on Wed Oct 28th, 2009 at 04:30:20 AM EST
[ Parent ]
Deceptive marketing like this is not innocuous.

Your story reminds me of when IBM used to do this in the early 80's, as they were just getting into the personal computer business. Their pre-announcements about future announcements would hold back the industry for 6 or 8 months, and eventually for years. They never actually delivered anything on a date promised, and what they would deliver would be prototype one, waiting for field debugging. Some of this was linked to Microsoft's problems with delivering, contrary to the revisionist history of Wikipedia.

For example, I was selling a product that had multi-user networking working in '82/'83 (with your option of 5 or even 10MB hard disks!!!) It was based upon CP/M (Control Program for Microprocessors, of which Microsoft's, and therefor IBM's, operating system was a variant...again, contrary to Wiki-history.)

It wasn't for many years later that the monolith of IBM and Microsoft was able to get multi-user working well. We sold some against their vaporware, but it was tough. It was classic monopoly scenario - power in control of the press, therefore control of the meme.

But people are charmed by snake-oil, especially if it mixes with CW, like CH says.

Never underestimate their intelligence, always underestimate their knowledge.

Frank Delaney ~ Ireland

by siegestate (siegestate or beyondwarispeace.com) on Wed Oct 28th, 2009 at 09:06:01 AM EST
[ Parent ]
by Jerome a Paris (jeromeguillet@yahoo.fr) on Tue Oct 27th, 2009 at 06:08:29 PM EST
[ Parent ]

Household Debt Can Hasten Recovery, When It Goes Unpaid

The gloomy forecasts, though, miss an important point: Debts have value only to the extent that they are being paid, and a rapidly rising number of U.S. households aren't doing so. Those defaults are leading to losses at banks, a wave of foreclosures, trouble for neighborhoods and strife for families. But they are also providing an immediate, albeit radical, form of debt relief.

"It's not ideal, because it carries other costs," said Karen Dynan, a consumer-finance specialist at the liberal Brookings Institution think tank who recently served as a senior adviser to the Federal Reserve. But it is "going to help get household balance sheets back to the right place."

If one accounts for defaults, U.S. households' debt burden is shrinking a lot faster than the official data suggest. First American CoreLogic, which tracks the performance of mortgage loans, estimates that some 9.3% of the nation's 52.4 million mortgage holders were 60 or more days behind on their payments as of July. That represents relief on about $1.2 trillion in loans. The official data miss most of that, because the Fed doesn't erase debts until banks have foreclosed, sold the homes and taken the loans off their books, a process that can drag out for more than a year.

As a result, some economists are expecting a sharp improvement as widely watched indicators of consumers' finances catch up to reality. Joseph Carson, director of global economic research at AllianceBernstein, expects the share of households' after-tax income that goes to pay loans, rent and other financial obligations to fall to 16.3% by the middle of next year, well below the average for the 20-year period leading up to the housing boom. As of June, it stood at 18.1%.

"It's part of the cleansing process of a downturn," he said. "And it's happening a lot faster than people realize."



In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (jeromeguillet@yahoo.fr) on Tue Oct 27th, 2009 at 06:13:16 PM EST
[ Parent ]
By this stage in the Great Depression of the 30s bad debt had largely been dealt with. Our government's handling of the current GFC has largely avoided dealing with debt, except to throw the taxpayers and their descendants under the overblown burden.

Instead of recognizing and writing down bad debt in an orderly and customary manner the US Government has guaranteed it, colluded in hiding the extent of it, and swapped trash for cash with selected TBTF banks under repo agreements while driving interest rates to zero so as to facilitate a generous spread for the favored banks and green-lighting accelerated gouging of customers with fees and increased rates in the guise of financial reform.

But the debt must be dealt with in order for recovery to be possible. Given the stunning indifference of the Obama Administration to the effects of its actions on the average taxpayer, why should the average citizen continue to play the game by rules that are increasingly seen to be massively rigged in the favor of a few banks. It increasingly looks as though unsustainable debt  will have to be eliminated by individual debtors. The sooner the better, IMO.

A debtors revolt, even should it crash the entire existing world economy, could at least force the bad debt to be recognized and written down.  It seems to me that such an outcome offers hope for a better future than is offered by current US policies. But it need not come to that.

Policies that are directed to saving the economy rather than selected banks could do an even better job of resolving the current crisis.  The US Government has extraordinary powers to deal with the economy in situations of crisis and danger. It needs to use them.

We are held hostage by TBTF banks that are too complex to regulate, too difficult for government regulators to resolve and too powerful for government officials to oppose.  But were the government, in a crisis, to use its extraordinary powers to put liens and freezes on the assets of the executives and boards of directors of these institutions, allowing them access only to a few tens of thousands per month for living expenses, it would be possible to provide incentive to those who run these institutions to wind down and resolve the interlocking obligations at minimum cost so as to retain the maximum possible portion of their wealth.

Why should we allow "Hostage" to be a game played only BY the banksters?  The point of this comment is to show that there ARE alternatives and that this is a crisis of power as much as of finance. When the banks have bought the organs of political power it is rather lame to assert that economics and politics are two separate realms.

If sanity be culturally normative, then by the norms of this culture I claim insanity.

by ARGeezer (ARGeezer at eurotrib.com) on Tue Oct 27th, 2009 at 09:59:38 PM EST
[ Parent ]
One aspect of the mess your analysis seems to miss is that amurkan finance does not operate in a vacuum.  My view is merely impression with only anecdotal evidence, but this view tells me the TBTF banks operate internationally.

And the EU seems to be far less owned by the banks than the former US government.  There are signs here that the tiniest beginnings of attempts to corral and reform the banking system are already underway.  Executive pay is merely a hot-button issue for the public, but oversight on derivatives and capital holdings, for example, are already underway.

Add to this that the European population, as well as the financial culture, has an entirely different view of personal debt as in amurka, and one sees that conditions here are different. Thus the beginnings of an attempt to reign in the financial industry.

For example, while many Europeans, particularly in Germany, have credit cards, the monthly balance is often taken directly from your bank account.  The bank account itself may indeed have credit attached, but the standards are higher.

(Of course, one can get credit cards which allow accruing balances as well, but they're far harder for normal people than in the US. And credit cards are in far less use for daily activity, many stores and restaurants not even accepting  them. Debit cards are far more widespread.)

Thus there is pressure for reform of amurka coming from without.  (I'm ignoring the UK here.)  And we haven't even begun to discuss the effect of BRIC action.

Though i doubt anything could stop the amurkan Untergang.

Skennah Kowa

by Crazy Horse on Wed Oct 28th, 2009 at 03:29:11 AM EST
[ Parent ]
Thus there is pressure for reform of amurka coming from without.

That is a hope that was left unstated in my rant above.

If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Wed Oct 28th, 2009 at 10:42:46 AM EST
[ Parent ]

Big Financial Firms Would Bear Cost of Failed Rivals Under Proposal

WASHINGTON -- Under a deal hashed out between the Treasury Department and a key House Democrat, financial firms with more than $10 billion of assets would have to pay for the rescue or unwinding of a collapsed competitor, people familiar with the matter said.

The move reflects an effort by Democrats to shift the burden of future financial crises away from taxpayers and toward the financial industry as they draft a new mechanism for taking over and breaking up large, failing companies.

The deal between the White House and House Financial Services Committee Chairman Barney Frank (D., Mass.) is a major advance in the administration's effort to overhaul banking rules and is consistent with the administration's goal of preventing financial institutions from becoming too big.



In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (jeromeguillet@yahoo.fr) on Tue Oct 27th, 2009 at 06:16:00 PM EST
[ Parent ]
No 10 officials want to stop Northern Rock sell-off | Business | The Guardian

A tug of war has begun at the top of the government over the future of Northern Rock as senior figures argue that the Treasury's planned sell-off should be stopped so that the ailing bank can instead be turned into a building society owned by its customers.

The move would mean forgoing a potential £11bn windfall for taxpayers but some cabinet ministers and No 10 officials believe this option is preferable to selling the bank to a rival or refloating on the stock market since it would leave the bank less prone to instability and financial risk.

However, there are concerns within the Treasury, which needs to reduce public debt and claw back some of the £25bn of taxpayer money which was used to bail out the bank in 2008.

The final decision will be taken by ministers but they want to win the support of UKFI, the company set up to run the nationalised banks after last year's crash. Senior government sources believe there is a convincing case that taxpayers would benefit in the long term if a remutualised Northern Rock were able to help less well-off customers get low-interest loans.

The plans are meeting resistance from those who want the bank sold off by a Labour government to prove the rescue of Northern Rock was the right thing to do.

However the policy is appealing to Labour strategists beginning to coalesce around the rolling out of mutuals, and cooperatives across other areas of the public services as a policy platform for Labour's future; and politically appealing, as they think it will test David Cameron's reforming credentials for banking .

Well, I still think that there is another way of doing it - a Northern Rock Partnership

It's Not Northern Rocket Science as I said here as the Northern Wreck hit the rocks, and it would be a lot more straightforward to set up such a partnership now.

Modern conservatives engage in one of man's oldest exercises in moral philosophy: the search for a superior moral justification for selfishness.Galbraith

by ChrisCook (cojockathotmaildotcom) on Tue Oct 27th, 2009 at 06:47:37 PM EST
[ Parent ]
Faisal Islam on Economics - Northern Rock - a money bucket that never ends

There's £8bn more loans from the government to Northern Rock to let them lend it to all of you. On top of that there's another £4bn of liquidity arrangements.

This takes the loan that had gone down to £15bn back up to £27bn, which will take "around a decade to pay off", says the Rock's chief executive.

My initial read on this is that the government is providing the funding for the Rock that it would otherwise raise from the dreaded wholesale markets that brought its downfall.

In fact Mr Hoffman told me that "in due course" the Rock would be returning to those same securitisation markets, "but in a simpler form". So not quite Adam Applegarth Redux.

More concerned City voices will suggest that this massive loan is to deal with some horrible mortgage delinquencies amongst Northern Rock's high loan-to-value borrowers. We will find out the figures next week.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Wed Oct 28th, 2009 at 09:43:13 AM EST
[ Parent ]
EurActiv: EU crackdown on big banks starts with ING
An EU crackdown on banks too big to fail appears to have begun with ING having to sell its insurance and investment management business, as demanded by the European Commission.

In the EU executive's boldest move yet, ING has been told to divest its insurance business, worth approximately 12-15bn euros. The bank has been asked to focus solely on banking in a break-up that will almost halve its balance sheet.

The Commission's move against the bank is causing a stir in the banking sector. Its demands are being interpreted by observers, and further interventions are expected in the coming weeks. Among the predicted targets are Lloyds Banking Group and Royal Bank of Scotland (RBS), whose restructuring plans are currently under scrutiny at the Commission.

A spokesperson for RBS in the UK said the bank is currently in talks with the British Treasury and the European Commission, but did not know when to expect a decision from the EU.

by nanne (zwaerdenmaecker@gmail.com) on Tue Oct 27th, 2009 at 06:54:18 PM EST
[ Parent ]
Noble Group Rolls Out Bolero's Multi-Bank Trade | RFPConnect
Bolero has signed an agreement with commodities firm Noble Group, which will enable the company to implement Bolero's multi-bank trade finance service on a global basis in support of both Letters of Credit and Guarantees.

The global roll-out will start in Hong Kong and will then expand to Noble's other primary centres in Singapore, Lausanne, Stamford, USA and London. The Bolero multi-bank service enables the automation of the end-to-end lifecycle of the Letter of Credit and Guarantee instruments for both Importers and Exporters and their banks.

The roll-out of this solution will allow Noble Group to better manage its Trade Finance operations and significantly improve the efficiency and effectiveness of communication with its partner banks on a global basis. By standardising on the use of Bolero with all core banks, Noble has the opportunity to provide regional and global consolidation and standardisation of its trade finance operations as well as removing time, cost and inefficiency from the processes. By using Bolero, Noble will ensure efficiency and standardisation benefits for its banks partners at the same time.

"A significant number of our core partner banks are already live on the Bolero channel and we anticipate our decision will help to strengthen this commitment as well as to influence other banks to adopt this open platform," says says a spokesperson from Noble Group's Treasury Department.

"Noble Group is a recognized leader with global presence that will add to the significant number of global corporates standardising on the Bolero channel. This, in turn will help to signal to banks globally the increased convergence on Bolero and the benefits to both communities in adoption of a common open multi-bank channel," says Claire Buchanan,, SVP, Global Field Operations at Bolero.

"We are delighted to be partnering with Noble Group. Noble is particularly important to us at Bolero because of its global presence as well as its significant operations in Asia where we are seeing a rapidly increasing focus on multi-bank trade finance from both corporates and their banks," says Arthur Vonchek, CEO of Bolero. *

Nope, nothing to do with Ravel or Bo Derek.

BOLERO is about electronic transfers of title in respect of goods in transit, and the arcane legal documents known as 'Bills of Lading', Letters of Credit and so on. This is the sort of global legal plumbing that you don't notice until it clogs up and the shit overflows, as it briefly did a year or so ago.

I was in there in the beginning maybe about 15 years ago, because at the IPE I dealt with transfers of title relating to barge deliveries of gas oil in the Amsterdam, Rotterdam, Antwerp area and down the Rhine.

The BOLERO Rule Book is a document (which they even patented I think....) which comprises a globally valid contractual framework for transfers of title.

Not a million miles away from the sort of stuff I'm doing today, actually.

Modern conservatives engage in one of man's oldest exercises in moral philosophy: the search for a superior moral justification for selfishness.Galbraith

by ChrisCook (cojockathotmaildotcom) on Tue Oct 27th, 2009 at 09:49:40 PM EST
[ Parent ]
How about some description of Noble Group.

If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Tue Oct 27th, 2009 at 10:09:38 PM EST
[ Parent ]
Who we are
Noble is a market leader in managing the global supply chain of agricultural, industrial and energy products. Our "hands on" approach to business has seen us grow to become a world leader in supply chain management in just 20 years.

Noble are a Hong Kong-based commodity trader who clearly 'get' that the future does not lie in risking your capital as a middleman, but rather in service provision.

Don't dig the gold: sell the shovels.

Their relationship with BOLERO takes them further down the service provision road.

Modern conservatives engage in one of man's oldest exercises in moral philosophy: the search for a superior moral justification for selfishness.Galbraith

by ChrisCook (cojockathotmaildotcom) on Tue Oct 27th, 2009 at 10:26:46 PM EST
[ Parent ]
CNBC Viewership Plunges 50% In October  Zero Hedge

If anyone wants to know why CNBC anchors are so pale and nervous these days, look no further. As Comcast CEO Brian Roberts considers what to keep and what to, well, cut, post his digestion of NBC Universal (assuming deal rumors are true naturally) his eyes likely cast casual nervous glances at Nielsen reports of CNBC viewership. Yet his nervousness is quite minor compared to what actual employees must be feeling after Nielsen reported a 50% plunge in CNBC vierwership in October year over year. Specially, CNBC has experienced a massive 52% decline in overall viewers during business day hours (5 am - 7 pm), and a not much better 49% drop in its demo (25-54) in the month of October as compared to last year. Specific shows that are likely to follow the fate of Dennis Kneale's recently cancelled 8pm gobbledygook are likely the Kudlow Report and Mad Money, which are down 59% and 56%, respectively.

While one can speculate about the causes of the drop (call it readers who can read between the propganda teleprompter lines), one thing the drop does explain is why CNBC has had to recently resort to advertising products for incontinence among other bodily malfunctions.


Perhaps CNBC's sometimes beautiful but usually incredible presenters should start taking note of the products that are paying for their program.  They might need them soon.


If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Tue Oct 27th, 2009 at 10:27:35 PM EST
[ Parent ]
They're just trying to send hints to Kudlow with that commercial.  He's only one or two more lines of coke away as it is.

Jon Stewart: Destroyer of Worlds?

WHEEEEEEEEEEEEEEEEEEEEE!!

by Drew J Jones (myfriends@thisispancakes.com) on Wed Oct 28th, 2009 at 10:10:05 AM EST
[ Parent ]
GMAC Becomes First 'Bank' To Come Back for a Third Bailout  Jesse's Café Américain

This just goes to show how much good planning in the form of strong lobbying efforts, massive campaign contributions, and big tips to the staff can give you a better position at the table. It makes all the difference in the US free-wheeling market for taxpayer funds.

There will be more players rolling over, and the poorly connected, broken banks will come staggering back from the land of green shoots with leaking balance sheets and bleeding income statements. The big Banks will keep taking chips and tips from Ben and Tim, a little peek at the hole cards, a friendly dealer on the flop, until the time comes to turn over that last river card, and move on to a differet town and a new game.

Where's GMAC at this table? Are you kidding me? They are outside parking cars.



If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Wed Oct 28th, 2009 at 12:44:17 AM EST
[ Parent ]
 WORLD 



Capitalism without bankruptcy is like Christianity without hell. Frank Borman

by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:01:55 PM EST
Guantánamo torture: UK wants claims of complicity to be heard in secret | World news | The Guardian

The government wants allegations that it was complicit in the torture by the US of Britons held as terrorism suspects to be heard in secret.

In documents seen by the Guardian, lawyers for the government argue it must be allowed to present evidence to the high court with the public excluded, otherwise Britain's relations with other countries and its national security could be damaged. The government also wants its evidence kept secret from defence lawyers.

Lawyers for seven men who are now all back in the UK after the US released them without charge will tomorrow go to the high court in London to fight the government's attempt, which they say is designed to cover the embarrassment of ministers and the security services.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:06:26 PM EST
[ Parent ]
apparently the UK govt seem to believe that, so long as no judge actually says "you're guilty", that they are demonstrably innocent. Only the legalistically feeble-minded think such things make a difference when the government stack the deck so blatantly.

They are lying liars, they sanctioned torture. they knew it was happening, they were happy to knowingly accept "intelligence" gained through torture and still seem to believe they have any moral standing in the world.

Scum, utter scum. If there is any compensation to be had contemplating the devastation that will be wrought on this land when the tories get in power it will be that one thing : the NuLab filth will no longer be debasing the country in the eyes of the world

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 27th, 2009 at 06:07:49 PM EST
[ Parent ]
BBC NEWS | World | South Asia | Afghan bombs kill eight US troops

Eight US soldiers have been killed in bomb attacks in southern Afghanistan, say Nato-led forces.

An Afghan civilian was also killed in what were called "multiple complex IED attacks" - or improvised bombs.

The deaths make October the deadliest month for American forces in the eight-year war in Afghanistan.

On Monday 11 soldiers were among 14 Americans killed in multiple air crashes. In total 55 US troops have died in October, the Pentagon says.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:10:04 PM EST
[ Parent ]
Looks like Obama better dust down that "Peace with Honour" manual and get busy. This is falling apart, remember this is NOT the fighting season.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 27th, 2009 at 06:09:31 PM EST
[ Parent ]
Al Jazeera English - Americas - US diplomat resigns over Afghan war

A US diplomat has resigned from his post in protest over the US-led war in Afghanistan, becoming the first US official to step down over the conflict since it began eight years ago.

Matthew Hoh, the senior state department official in Aghanistan's Zabul province, said in a letter released on Tuesday that he had "lost understanding of, and confidence in, the strategic purposes of the United States' presence in Afghanistan".

"I have doubts and reservations about our current strategy and planned future strategy, but my resignation is based not upon how we are pursuing this war, but why and to what end," the letter, which was dated September 10, said.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:13:31 PM EST
[ Parent ]
Al Jazeera English - Europe - Jail terms for 'Angola-gate' guilty

Arkadi Gaydamak, a Russian-born Israeli businessman and Pierre Falcone, his French associate, have been sentenced to six-year jail terms for organising the illegal trafficking of weapons to Angola.

Gaydamak, who fled France before the trial, and Falcone were among 42 politicians, businessmen and members of the Paris elite accused of defying a UN embargo to arm the Angolan government during a civil war in the 1990s.

Charles Pasqua, France's former interior minister, was handed a one-year jail term on Tuesday for his involvement in the case dubbed "Angola-gate".

Jean-Christophe Mitterrand, the son of France's late president, was handed a two-year suspended sentence and fined $550,000 for receiving commissions linked to the illegal arms deals.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:14:50 PM EST
[ Parent ]
Al Jazeera English - Europe - Iran hails Turkey's nuclear support

Mahmoud Ahmadinejad, Iran's president, has said that he "appreciates" the support shown by Recep Tayyip Erdogan, Turkey's prime minister, over Tehran's nuclear programme.

Erdogan, who arrived in Tehran for bilateral talks on Tuesday, has accused Western nations of hypocrisy in criticising Iran's uranium enrichment programme while remaining silent on Israel, which is believed to have an undeclared nuclear arsenal.

Ahmadinejad told Erdogan: "When an illicit regime possesses nuclear arms, one can not talk about depriving other nations from the peaceful nuclear programme.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:24:37 PM EST
[ Parent ]
BBC NEWS | England | Kent | Family pray for yacht hijack pair

The family of a British couple feared to have been seized by Somali pirates while sailing near the Seychelles said they are praying for their safety.

Paul and Rachel Chandler, aged 58 and 55, of Tunbridge Wells, Kent, sent a distress signal on Friday from the Indian Ocean near the Seychelles.

A possible yacht sighting, about 200 miles to the east of the Somali port of Haradheere, is being investigated.

Mr Chandler's sister Jill Marshment said it was "like a bad dream".

"[I] just can't believe it's happened but I'm afraid it does happen," she said.

"I'm sure they will come out of it alright... and they will do the best they can.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:42:36 PM EST
[ Parent ]
Honduran talks deadlocked on reinstating Zelaya   LA Times

Reporting from Mexico City -  Representatives of ousted Honduran President Manuel Zelaya and the de facto government that replaced him in a coup returned to negotiations Monday, but the two sides remained deadlocked over whether to return Zelaya to power.

Both delegations had suggested Monday as a deadline for resolving the dispute, or calling off talks altogether. De facto President Roberto Micheletti abruptly announced Friday that the Supreme Court was the body that should decide whether to reinstate Zelaya. The head of Zelaya's team, Victor Meza, called the proposal "absurd" and countered that the Congress should make the decision, arguing that returning Zelaya to office was a political matter, not a judicial one.

The Supreme Court has endorsed the coup, and Zelaya's supporters do not trust it to be an impartial arbiter. The Congress also signed off on the coup and voted Micheletti into office, but Zelaya may believe there is more room for political jockeying among legislators. Micheletti's representatives favor deferring to the court because they want Zelaya to be brought to trial immediately on various charges, including abuse of power.

The two sides have agreed on all other points in a plan drafted in July by Costa Rican President Oscar Arias, a Nobel Peace Prize winner, including a decision to forgo amnesty for people involved in the coup and the events leading up to it. But the final point, Zelaya's reinstatement, appears to be the deal-breaker.



If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Tue Oct 27th, 2009 at 11:51:59 PM EST
[ Parent ]
Grim glossary of the narco-world   LA Times

Reporting from Mexico City -  Words can hardly convey how vicious, how over the top, Mexico's drug war has become. So they invented some.
....

Herewith a partial, albeit macabre, narco-glossary:

Levanton: the kidnapping of one or more members of a rival gang, or other enemy. Unlike traditional kidnappings, the point is not ransom, but to torture and kill a foe. Victims of a multiple levanton may end up fusilados.

Fusilados: from the Spanish for rifle, to be executed in the style of a firing squad, or with a shot to the head, known as a tiro de gracia. This occurred in an attack at a Ciudad Juarez drug-treatment clinic in early September.

Encajuelado: Based on the word for "trunk," a body dumped in the trunk of a car. This is a common method of disposing of victims of a drug hit. Often, the bodies are bound and gagged with packing tape or are encobijados, wrapped in blankets. Sometimes they are accompanied by a handwritten narcomensaje.

Narcomensaje: A scrawled drug message, often rambling or peppered with misspellings. Such missives are typically meant to threaten rival drug cartels or government security forces. Messages sometimes take the form of banners, known as narcomantas, and hung from bridges or in other public places to demonstrate a gang's audacity.




If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Wed Oct 28th, 2009 at 12:15:32 AM EST
[ Parent ]
At least six UN workers killed in Kabul attack | World news | guardian.co.uk

The Taliban brought their insurgency to the heart of Kabul this morning when militants stormed a guest house used by United Nation's employees which left six people dead.

At the same time a rocket attack on an exclusive hotel favoured by foreigners sent guests scurrying into secure underground bunkers and forced police to shut off large sections of the centre of the capital.

The assault on the UN approved Bekhtar Guesthouse in one of Kabul's most expensive neighbourhoods began in the early hours of the morning, and according to some people in the neighbourhood, involved at suicide bombers.

Such so-called "swarm attacks" have increasingly become a favoured tactic my militants operating in both Afghanistan and Pakistan.

A UN spokesman said six employees had been killed but was unable to confirm claims that some of the residents worked for UN Elect, the agency supporting the country's presidential election's which are due to go into their second round on November 7 despite threats by the Taliban to disrupt polling.

The UN also said nine people had been injured in the attack and this morning issued its "white city" order, confining all staff to their guest houses and banning all movement around the city until further notice.



When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Oct 28th, 2009 at 02:50:50 AM EST
[ Parent ]
Afghanistan exclusive - Channel 4 News video of Kabul's Serena Hotel after today's rocket attack: http://bit.ly/2tF5R6

Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Wed Oct 28th, 2009 at 07:06:47 AM EST
[ Parent ]
From TPM
Yesterday, a New Jersey paper reported that an angry young woman had splashed purple paint all over two people in Clifton, N.J., who were passing out pamphlets that depicted President Obama as a fascist.

The paper reported that, according to Clifton Police, the pamphleteers were working for the political action committee of Hoffmann-La Roche, a pharmaceutical corporation that has a large campus in the same town.

[...]

But, as police told TPM today, they were mistaken. Further investigation showed the pamphleteers were actually supporters of fringe political figure Lyndon LaRouche.

by gk (g k quattro due due sette "at" gmail.com) on Wed Oct 28th, 2009 at 03:31:12 AM EST
[ Parent ]
 LIVING OFF THE PLANET 
 Environment, Energy, Agriculture, Food 



Capitalism without bankruptcy is like Christianity without hell. Frank Borman

by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:02:47 PM EST
Wildlife and Habitat Conservation News:

Senator Barbara Boxer released a 923-page draft of the Clean Energy Jobs and American Power Act over the weekend, the Senate version of climate and energy legislation, for the first time specifying emissions allocations and costs proposed in the bill.

"We've reached another milestone as we move to a clean energy future, creating millions of jobs and protecting our children from dangerous pollution," Boxer, chairperson of the Environmental and Public Works Committee, who wrote the bill with Senator John Kerry, said on Friday.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:17:59 PM EST
[ Parent ]
BBC NEWS | World | Asia-Pacific | Australia coastal living at risk

Australians may have to leave coastal areas as rising sea levels threaten homes, according to a new report.

The parliamentary committee report says urgent action is needed, as seas are expected to rise by 80cm (31 inches).

About 80% of Australians live in coastal areas, and the report recommends new laws banning further development in coastal regions.

Correspondents say the authorities are divided over whether to retreat from rising seas or defend the coastline.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:27:09 PM EST
[ Parent ]
Wildlife and Habitat Conservation News:
A study by Robert Goodland and Jeff Anhang of the World Bank looked at the relative importance of anthropogenic emissions of greenhouse gasses from oil, natural gas, and coal compared to the life cycle and supply chain emissions of domesticated animals raised for food. They conclude that greenhouse gases (GHGs) from the lifecycle and supply chain of animals raised for food account for 51% of annual emissions caused by humans and should be given higher priority in global efforts to fight climate change


Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:58:07 PM EST
[ Parent ]
Response: New nuclear energy will not need a taxpayers' subsidy | Comment is free | The Guardian

Your leader column claims that the "nuclear renaissance" does not make sense on financial grounds (Nuclear power: A bung by any other name, 19 October). However, there is a growing collation of support among the public, politicians of the main parties, industry, scientists and regulators, who recognise nuclear is needed as part of the answer to keep the lights on and tackle climate change.

This was demonstrated in the last two weeks alone by reports from organisations as diverse as the Committee on Climate Change, Ofgem and the CBI. Among this coalition there is recognition that new nuclear can play its part without subsidy from taxpayers.

As a company looking to develop four new reactors in the UK, we have never sought subsidies. Our plans for this much-needed investment are viable without a penny of taxpayers' money.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 04:06:33 PM EST
[ Parent ]
Hahahahahahaha !! Can I have a pony with my unsubsidised power station (with extra added free de-commissioning)

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 27th, 2009 at 06:15:31 PM EST
[ Parent ]
they are a bit more credible on that topic, having actually delivered cheap power for the past 30 years.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (jeromeguillet@yahoo.fr) on Tue Oct 27th, 2009 at 06:23:02 PM EST
[ Parent ]
But what UK nuclear supplier has ever run without some form of subsidy?

Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 06:28:50 PM EST
[ Parent ]
The petroleum industry has delivered cheap power for about a century, and the coal industry even cheaper power for several centuries. Therefore,
coal > oil > nuclear.
by asdf on Tue Oct 27th, 2009 at 11:18:53 PM EST
[ Parent ]
"...The petroleum industry has delivered cheap power for about a century, ..."

Give or take a battleship or two...or twelve...or maybe, a deposed democracy here or there.

"...and the coal industry even cheaper power for several centuries."

Give or take slavery in the coal mines (did it officially end before 1900 in Scotland, of after?) and the deaths and destruction that it causes consequential to its use.

But yeah, greater than nukes on the list of horrible solutions, badly implemented.

Never underestimate their intelligence, always underestimate their knowledge.

Frank Delaney ~ Ireland

by siegestate (siegestate or beyondwarispeace.com) on Wed Oct 28th, 2009 at 08:36:23 AM EST
[ Parent ]
"... having actually delivered cheap power for the past 30 years."

Did that DCP (delivered cheap power) include the costs of delivered-drums-of-nuclear-waste-to-Siberia-to-eventually-be-refined-but-until-then-just-left-on-a-r ailway-siding-or-in-this-open-unguarded-field?

Snark aside, EDF, or the French establishment and mentality mostly got it right. But nukes are a problem, and they will be bigger problems as water for cooling becomes more scarce, and the reality of 'future solutions to mitigate the waste' gets pushed back further and further.

Further, as time goes on, we constantly see that people will break even the most iron-clad policies and make the entire group suffer.

Never underestimate their intelligence, always underestimate their knowledge.

Frank Delaney ~ Ireland

by siegestate (siegestate or beyondwarispeace.com) on Wed Oct 28th, 2009 at 08:46:03 AM EST
[ Parent ]
J has earned his right to discuss EDF's version of nuclear power, because he's already financed some of these babies now going into Alpha Ventus in Germany, 40 km offshore.  Since i last posted, the third has already been installed near center, and the fourth is being readied on the left.  You can make out the blades of the previous installation posted here on the far right.

As i sniffle at my desk, i'm glad i'm not out there.

remember, this is video, so the images change from this post.  But it sure looks sunny and sweet.

Skennah Kowa

by Crazy Horse on Wed Oct 28th, 2009 at 09:10:52 AM EST
[ Parent ]
It was an article that just showed so little connection to history that I was worried for the reporters liver.

Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 06:26:15 PM EST
[ Parent ]
EurActiv: EU summit might fail on climate funding
EU leaders are set for difficult talks as they meet this week (29-30 October) to reach an agreement on funding under a new climate treaty ahead of the UN-led Copenhagen conference in December.

As Copenhagen approaches, the pressure is on to find consensus at the highest political level on the exact figures that the EU is willing to put on the table to secure a new climate treaty. The bloc has been postponing the decision since last spring, and the June summit settled on hammering out all the details at the October European Council.

Nevertheless, it appears increasingly unlikely that EU heads of state and government will be able to present concrete sums to fund emissions reductions and climate adaptation measures in developing countries after finance ministers last week failed to find agreement. The talks stalled on objections from Eastern European member states, which want upfront funding before the climate treaty starts in 2013 to be voluntary.

by nanne (zwaerdenmaecker@gmail.com) on Tue Oct 27th, 2009 at 06:57:05 PM EST
[ Parent ]
EurActiv: 'Investment strategy' needed to cut emissions
The EU should look into pouring a high proportion of carbon revenues into energy efficiency, but not before an institutional framework to reallocate the money efficiently is in place, Richard Cowart, director of European programmes for the Regulatory Assistance Project (RAP), told EurActiv in an interview.

"A successful cap-and-trade programme will be designed as a market-based overlay on an entire suit of clean energy policies," Cowart stressed, pointing out that as an advisor to cap-and-trade designers in the US, he learned from experience that three-quarters of targeted emission reductions would need to come from complementary policies.

The highest priority should be given to energy efficiency, where countries across the globe are underperforming, the energy advisor argued.

"Every time there is a research decision to be made, the first question should be, 'can we [... ] meet this need through deeper investment in energy efficiency rather than adding additional supply?" he stressed.

by nanne (zwaerdenmaecker@gmail.com) on Tue Oct 27th, 2009 at 07:00:49 PM EST
[ Parent ]
Rethinking Laundry in the 21st Century | New York Times - Room For Debate Blog

Chelsea Hodge: If 95 percent of Italians, some of earth's most fashion-conscious inhabitants, don't own a dryer, then why are Americans so adamant about tumble drying their clothes?

The tumble dryer is the second largest energy-consuming appliance and the leading cause of house fires among appliances. There is no such sense as an Energy Star dryer; these machines are inherently inefficient, using natural gas or electricity to heat air. ...

Alexander P. Lee is executive director of Project Laundry List: In Italy, only about three or four percent of households own a dryer. In Denmark, newly constructed student housing included space for indoor drying. In China, the bamboo shaft is still a ubiquitous clothesline. In the United States, approximately 80 percent of households own a dryer. Project Laundry List believes, from anecdotal evidence, that the vast majority of families can see a 10 to 20 percent savings on their electric bill by going cold turkey and setting up a clothesline or drying rack. ...

I have become a fan of hang-drying laundry since moving to Tokyo seven years ago and now China for two years.  A friend in the U.S. suggests that this infatuation will end as soon as I have toddlers (apparently these generate an amount of laundry totally out of proportion with their small body sizes).

La Chine dorme. Laisse la dormir. Quand la Chine s'éveillera, le monde tremblera.

by marco (cowannar at gmail punkt com) on Tue Oct 27th, 2009 at 07:06:59 PM EST
[ Parent ]
A friend in the U.S. suggests that this infatuation will end as soon as I have toddlers

Strangely, people living outside the US also have children.

by det on Wed Oct 28th, 2009 at 04:33:55 AM EST
[ Parent ]
det:
A friend in the U.S. suggests that this infatuation will end as soon as I have toddlers

Strangely, people living outside the US also have children.

And they prefer hang-drying their laundry because they enjoy the freshness of sun-dried clothes and the thrill of being environmentally correct more than the convenience and speed of dryers, right?

La Chine dorme. Laisse la dormir. Quand la Chine s'éveillera, le monde tremblera.

by marco (cowannar at gmail punkt com) on Wed Oct 28th, 2009 at 07:12:12 AM EST
[ Parent ]
"sun-dried clothes"

Oh, how I wish!

I gotta move to Spain.

by det on Wed Oct 28th, 2009 at 07:29:12 AM EST
[ Parent ]
Don't forget that a lot of US housing associations ban hanging washing out to dry.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 28th, 2009 at 12:16:26 PM EST
[ Parent ]
But the article that marco cited points out that some states now have laws baning such regulations.
by gk (g k quattro due due sette "at" gmail.com) on Wed Oct 28th, 2009 at 12:43:40 PM EST
[ Parent ]
A friend in the U.S. suggests that this infatuation will end as soon as I have toddlers.

A typical reaction from an American incapable of considering a different lifestyle, even such a small change.

I have had two toddlers. They indeed generate an impressive amount of laundry. however I don't see why it implies to use a dryer. Letting the laundry dry on a clothesline works fine.  

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

by Melanchthon on Wed Oct 28th, 2009 at 08:45:35 AM EST
[ Parent ]
When we lived in the US we had a washer and a dryer. When we moved back to France we bought new appliances, including a washer and a dryer.

We used the dryer pretty much all the time the first year, half the time the second year; now, we hardly ever use it: only when we need something dried now and that's not everyday.

Oh, and electricity is cheaper in France than in California (this damn cheap power from EDF).

So yes, I fully concur: it's the lifestyle, and it's not so difficult to change it :-)

Europeans think a hundred miles is a long way. Americans think a hundred years is a long time.

by Bernard on Wed Oct 28th, 2009 at 11:42:16 AM EST
[ Parent ]
Bernard:

Oh, and electricity is cheaper in France than in California (this damn cheap power from EDF).

So yes, I fully concur: it's the lifestyle, and it's not so difficult to change it :-)

This is very interesting.  The article indicated that electricity is more expensive in Italy and Denmark due to green taxes, and I thought that this was a major factor in deterring people in those countries from using dryers.  But if electricity is cheaper in France than in the U.S., then it does raise the question as to why French (presumably) use dryers much less than Americans.  (My mother, who lived in the U.S. for 25 years and used the dryer profusely there, moved back to Paris in 2005 and is forced to hang dry her clothes because there is no space for a dryer in her apartment.)

La Chine dorme. Laisse la dormir. Quand la Chine s'éveillera, le monde tremblera.

by marco (cowannar at gmail punkt com) on Wed Oct 28th, 2009 at 01:18:57 PM EST
[ Parent ]
Well, you got it: mostly space constraints in apartments.

As for me, I live in a house and the washer + dryer are in the garage, so no space issue there. I guess we've just come to consider using the dryer as a waste, since we can wait a half-day for the laundry to dry "naturally"...

Your friend who moved to the US seems to have gone the other (lifestyle) way. So did we when we were living there; I guess the notions of waste and time are different on both continents.

Europeans think a hundred miles is a long way. Americans think a hundred years is a long time.

by Bernard on Wed Oct 28th, 2009 at 05:21:39 PM EST
[ Parent ]
There are combined units that solve the space problem.
by gk (g k quattro due due sette "at" gmail.com) on Wed Oct 28th, 2009 at 05:56:28 PM EST
[ Parent ]
Melanchthon: A typical reaction from an American incapable of considering a different lifestyle, even such a small change.

Not quite:  He is a European, but has been living in the U.S. since he went there for grad school.

La Chine dorme. Laisse la dormir. Quand la Chine s'éveillera, le monde tremblera.

by marco (cowannar at gmail punkt com) on Wed Oct 28th, 2009 at 01:13:24 PM EST
[ Parent ]

Obama to detail stimulus spending on 'smart grid'
 LA Times

Obama to detail stimulus spending on 'smart grid' A $3.4-billion chunk will go toward grants to modernize the U.S. power system to more easily use renewable resources.

Reporting from Washington -  President Obama and administration officials today will announce $3.4 billion in spending projects to modernize the nation's electric power system.

The president will offer details on funding for the "smart grid" during an appearance at a solar plant in Arcadia, Fla. White House officials said the projects would create tens of thousands of jobs in the near term and lay the groundwork for changing how Americans use and pay for energy.

The spending is aimed at improving the efficiency and reliability of the U.S. power supply, and helping to create markets for wind and solar power, officials said. They also said it would create "smart meters" to help consumers use electricity when demand is low and when rates are cheaper -- for example, by running dishwashers and other energy-thirsty appliances in the middle of the night.

The money will be released in the form of grants to applicants and must be matched dollar for dollar by private funding.



If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Tue Oct 27th, 2009 at 11:33:45 PM EST
[ Parent ]
Yle: Old Bread Becomes New Fuel

Companies and industries in the Päijät-Häme region that use grains are the suppliers of raw material for the plant. Much of the waste from processes at bakeries, shops, breweries and distilleries are suitable for ethanol production. Leftover dough and the mix of yeast, sugar and alcohol remaining from beer brewing at the nearby Hartwall brewery go into making fuel.

Up to now, much of this waste has gone into animal feed, landfill or down the sewer. Hartwall's R&D Director Jorma Rasi has been leading the "grain cluster" group providing raw materials to the plant.



You can't be me, I'm taken
by Sven Triloqvist on Wed Oct 28th, 2009 at 04:09:31 AM EST
[ Parent ]
Leftover dough and the mix of yeast, sugar and alcohol remaining from beer brewing at the nearby Hartwall brewery go into making fuel.

But all that stuff is grade A pigfood. Burning it is just stupid

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 28th, 2009 at 12:15:11 PM EST
[ Parent ]
It is, if you have a lot of pigs nearby. Otherwise it is an even worst waste to ship it around the country in trucks.

You can't be me, I'm taken
by Sven Triloqvist on Wed Oct 28th, 2009 at 01:08:44 PM EST
[ Parent ]
US climate targets at 'the lower end' - Channel 4 News

In the build-up to the Copenhagen climate change summit, US Senator John Kerry tells Sarah Smith that the US climate targets "may be at the lower end" then what was hoped for.

US negotiators can sign up to an emissions reduction deal in Copenhagen in December, even though the American climate change bill won't be signed into law by then.

That's what Channel 4 News has been told in an exclusive interview with John Kerry, the top Democrat sponsoring the bill.

But Senator Kerry warned that the carbon reduction target set by the US "may be at the lower end of what we can pass" - an indication that it could be as low as 17 per cent on 2005 levels.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Wed Oct 28th, 2009 at 06:12:54 AM EST
[ Parent ]
Well - The Human Body Is Built for Distance - NYTimes.com
Does running a marathon push the body further than it is meant to go?

The conventional wisdom is that distance running leads to debilitating wear and tear, especially on the joints. But that hasn't stopped runners from flocking to starting lines in record numbers.

Last year in the United States, 425,000 marathoners crossed the finish line, an increase of 20 percent from the beginning of the decade, Running USA says. Next week about 40,000 people will take part in the New York City Marathon. Injury rates have also climbed, with some studies reporting that 90 percent of those who train for the 26.2-mile race sustain injuries in the process.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Wed Oct 28th, 2009 at 06:20:57 AM EST
[ Parent ]
New study released attempting to quantify externalities.

News here.


"Hidden Cost of Energy: Unpriced Consequences of Energy Production and Use," estimates dollar values for several major components of these costs. The damages the committee was able to quantify were an estimated $120 billion in the U.S. in 2005 - a number that primarily reflects health damages from air pollution associated with electricity generation and motor vehicle transportation. The figure does not include damages from climate change; harm to ecosystems; effects of some air pollutants, such as mercury; and risks to national security, which the report examines but does not monetize.

Free Exec Summary here.

Coal comes in at over $30/MWh, with climate effects adding another $30/MWh.  Grain of salt as i've just received this.  

Skennah Kowa

by Crazy Horse on Wed Oct 28th, 2009 at 07:34:52 AM EST
[ Parent ]
 LIVING ON THE PLANET 
 Society, Culture, History, Information 



Capitalism without bankruptcy is like Christianity without hell. Frank Borman

by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:03:38 PM EST
CNN Drops to Last Place Among Cable News Networks - Media Decoder Blog - NYTimes.com

CNN, which invented the cable news network more than two decades ago, will hit a new competitive low with its prime-time programs in October, finishing fourth - and last - among the cable news networks with the audience that all the networks rely on for their advertising.

The official monthly numbers will be finalized at 4 p.m. Monday and will include results from Friday. CNN executives conceded that will not change the competitive standing for the month. CNN will still be last in prime time.

That means CNN's programs were behind not only Fox News and MSNBC, but even its own sister network HLN (formerly Headline News.) Three of its four shows between 7 and 11 p.m. finished fourth and last among the cable news networks. That was the first time CNN had finished that poorly with its prime-time shows.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:07:35 PM EST
[ Parent ]
ID Card scheme banking on 28 million volunteers * The Register

Government claims that the ID Card scheme will be self-financing are "completely deluded", the Tories have claimed today.

Shadow home secretary Chris Grayling launched the attack as the Home Office released its twice-yearly estimates on the multibillion-pound project's cost to the Exchequer.

His opposite number on the government benches, Alan Johnson, claimed that voluntary take-up will cover the £835m it is estimated the ID Cards themselves will cost.

The cards are expected to cost the public £30 each, so on the Home Secretary's reckoning, 28 million people - almost half the population of the UK - will come forward.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:08:14 PM EST
[ Parent ]
What is this weed the NuLab grow in the wood, I think I should try some.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 27th, 2009 at 06:18:00 PM EST
[ Parent ]
BBC NEWS | Business | Closure on cards for London Lite

The fate of the London Lite newspaper appears uncertain after its publisher said it was considering its future, "which may result in closure".

Associated Newspapers said it would consult 36 London Lite employees before making a final decision.

Associated voiced concerns about the "commercial viability" of the paper.

Earlier this month, the Evening Standard started being given away for free in London. In September, the free London Paper ceased publication.

"The latest development in the London afternoon free newspaper space dictates that we look again at the future of London Lite," said Steve Auckland, managing director of Associated Newspapers free division.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:11:18 PM EST
[ Parent ]
The london free papers are rubbish. Devoid of news, even their gossip is recycled drivel. An idiot model.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 27th, 2009 at 06:24:00 PM EST
[ Parent ]
Al Jazeera English - Europe - French Scientology guilty of fraud

The French branch of the Church of Scientology has been fined $900,000 for defrauding vulnerable followers, a Paris court has ruled.

But the group, which is officially considered a sect in France, was not banned from operating in the country.

The group's lawyer said they would appeal against Tuesday's verdict.

The court convicted six group leaders, the Scientology's Celebrity Centre, and its bookshop of organised fraud for preying financially on followers in the 1990s.

Investigators said the group pressured members into paying large sums of money for questionable financial gain and used "commercial harassment" against recruits.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:15:48 PM EST
[ Parent ]
..and the rest of the religions next please.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 27th, 2009 at 06:24:41 PM EST
[ Parent ]
See front-page story:Scientology and Fraud.

BTW, you'll have to explain how Scientology is "officially considered a sect in France" when there is no legal definition of neither sect nor religion as per French law.

The trial and subsequent convictions were for fraudulent activities, not personal beliefs or proselytism.

Europeans think a hundred miles is a long way. Americans think a hundred years is a long time.

by Bernard on Tue Oct 27th, 2009 at 06:25:40 PM EST
[ Parent ]
How a national living wage can be economically viable and beneficial | LabourList.org 2.0 | LabourList.org

A minimum wage of £7.45 per hour, coupled with corporation tax cut for small and medium size businesses is economically viable in the UK. It would lift millions of adults out of poverty, and children too. The current minimum wage of £5.73 per hour coupled with zero tax paid, is not enough to live on for one person, and falls below the poverty level of pay according to many studies and the general public Luxembourg has a minimum wage €9.08 per hour which is £8.26 per hour, or £17,173 a year. France has a minimum wage of €8.71 per hour (£7.92 per hour) and Ireland has a minimum wage of €8.65 per hour (£7.87 per hour). So a minimum wage of £7.45 per hour is hardly radical.

The current strategy of reducing child poverty heavily relies on increasing the amount of child benefits paid out, in real terms, relative to the median wage and inflation. This further and further incentivizes couples and women to have children simply in order to receive state benefits. This increases the number of children born into low income households, uses up government revenue and creates a benefits culture and destroys social cohesion.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:36:38 PM EST
[ Parent ]
BBC NEWS | Business | Iceland leads on gender equality

Iceland is the country that has made the most progress in closing the gender gap - knocking Norway off the top spot - a World Economic Forum survey said.

Across the 134 countries surveyed, most progress was made in closing the health and schooling divide in the past year.

But 60% of the pay and work status divide and only 17% of the political involvement gap has been closed.

The WEF measures progress in the areas of politics, education, economy and health for the report.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:43:53 PM EST
[ Parent ]
It's all those Icelandic women at McDonald's making fries.

Oh, well, maybe not...

by asdf on Tue Oct 27th, 2009 at 11:20:43 PM EST
[ Parent ]
'Special education must change' - Channel 4 News

Labour MP Barry Sheerman tells More 4 News that the system of providing 1.6 million pupils with special educational needs (SEN) is in need of significant change and has urged Children's Secretary Ed Balls to act now.

Sheerman, who chairs the influential education and skills select committee, has already clashed with the Children's Secretary as recently as last week, over the appointment of a children's commissioner when he described him as a bully.

Sheerman's latest call comes in advance of an inquiry into schooling for special needs pupils, whose problems may range from mild learning difficulties to serious disabilities.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:47:15 PM EST
[ Parent ]
h, jeez, not just special education. the whole of education should change. But their desperate problem is that every time they do a thorough evidence based investigation, it comes up with ideas that are completely against the Daily Mail/NuLab bullshit that has spent the last genenration destroying British education.

And nothing, no fact, no evidence can be allowed to derail the Project.

See earlier rant about NuLab scum ...

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 27th, 2009 at 06:28:15 PM EST
[ Parent ]
Dont even get me started on how much of the extra money that nuLab has supplied to improve teaching has had to go into building repair and replacement after the Tories defunded building repairs during the 80s

But the obsession with measuring and testing and other stupidities and pandering to the idiots of the Associated Newspaper group is one thing that they should have been slapped round the head for ever considering.

Capitalism without bankruptcy is like Christianity without hell. Frank Borman

by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 06:48:10 PM EST
[ Parent ]
92-year-old's website leaves oil giant Shell-shocked | Media | The Guardian

At 92 years old, Alfred Donovan is an unlikely online campaigner. But he and his son John, 62, have been a painful thorn in the side of Royal Dutch Shell for more than a decade. The pair run one of the oldest and most effective "gripe sites", and the oil giant's army of well-paid lawyers do not know how to neutralise them.

The number of so-called "gripe sites", which exist to criticise, mock, and generally annoy companies, people, and institutions, has exploded in recent years, and the trend is set to continue.

Take this month's campaign against the super-injunction obtained by the lawyers Carter Ruck on behalf of Trafigura. Thousands of Twitter users, empowered and astonished at the campaign's success, are expected to look afresh at how the internet can be used to fight against big business.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:51:12 PM EST
[ Parent ]
What is needed is the twitter equivalent of pitchforks and torches, so the rabble can rise up against the monsters.
by asdf on Tue Oct 27th, 2009 at 11:22:12 PM EST
[ Parent ]
Unless you see Twitter as the equivalent of the chinese tea room where people are free to complain as the wont get off their ass and do anything.

Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Wed Oct 28th, 2009 at 11:44:47 AM EST
[ Parent ]
Ignoring RIAA lawsuits cheaper than going to trial - Ars Technica

Jammie Thomas-Rasset and Joel Tenenbaum captured the nation's attention when they were defendants in the RIAA's first two trials against accused online infringers. But here's the mind-warping reality: both defendants would have been far better off monetarily if they had simply ignored the complaint altogether and failed to show up in court.

That counterintuitive logic played out again this week in Massachusetts, where federal judge Nancy Gertner issued four default judgments against accused P2P file-swappers who never bothered to respond to the charges against them. Their failure to appear meant an automatic loss, and though the judge does have some discretion in setting penalties, judges often pick the minimum awards in such cases.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 04:03:25 PM EST
[ Parent ]
CHART OF THE DAY: iPhone Is Closing In On BlackBerry, Fast (AAPL, PALM, RIMM)

Apple's iPhone 3GS is driving its market share higher and higher, according to a new study from ChangeWave Research.

The firm surveyed 4,255 consumers in September, and found 39% of them now have a smartphone, which is up from 37% from July and almost double from a year ago.

As more people buy smartphones, the iPhone 3GS is taking share, while Research In Motion is stalling. And yes, it looks ugly for Palm, but at least it has leveled off. Too bad it looks like Google's Android is about to eat it alive.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 07:26:11 PM EST
[ Parent ]
John Rentoul - Why Cameron makes no sense
Philip Collins in The Times today expounds brilliantly on why David Cameron's "progressive conservatism" is a contradiction in terms:

In his conference speech in Manchester this month, Mr Cameron made the intriguing claim that, in the very act of reducing the size of the State, a future Conservative government would improve the condition of the poor. When the State withdraws, he argued, the wounds of society heal over. The main problem of the poor, by this argument, is not that they have too little money but that they have too much government.

Well, it's a view. We will all somehow make ourselves better. The naivety would be touching if it wasn't so irritating. The Conservative conference was full of earnest young people pointing out that they had just discovered something called "the poor" that the Labour Government had shamefully failed.


Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Wed Oct 28th, 2009 at 06:14:49 AM EST
[ Parent ]
Arms protester on police spotter card was alleged infiltrator for BAE | UK news | guardian.co.uk

He was listed as target X, a so-called domestic extremist included on a secret police spotter card as a regular attender at anti-arms demonstrations.

But today it emerged that X was not quite the threat police took him for - at least to the arms industry. In fact he was an alleged infiltrator from the arms company BAE.

The 2005 spotter card, published by the Guardian this week, contains a photograph of Martin Hogbin, who was national co-ordinator for the Campaign against the Arms Trade. He was later accused of supplying information to a company linked to BAE's security department, but denied the allegation.

When asked about his past today, Hogbin said: "I couldn't possibly comment." He added that he had attended demonstrations because he thought the arms trade was "wrong"



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Wed Oct 28th, 2009 at 06:27:47 AM EST
[ Parent ]
Lord Mandelson sets date for blocking filesharers' internet connections | Technology | guardian.co.uk

Lord Mandelson, the business secretary, warned internet users today that the days of "consequence-free" illegal filesharing are over as he unveiled the government's plan for cracking down on online piracy.

Mandelson, speaking at the government's digital creative industries conference, C&binet, confirmed that the internet connections of persistent offenders could be blocked - but only as a last resort from the summer of 2011.

He added that a "legislate and enforce" strategy was the only way to protect the intellectual property rights of content producers.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Wed Oct 28th, 2009 at 06:29:39 AM EST
[ Parent ]
 PEOPLE AND KLATSCH 



Capitalism without bankruptcy is like Christianity without hell. Frank Borman

by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:04:26 PM EST
BBC NEWS | Science & Environment | Nasa rocket postponed by weather

The launch of a prototype rocket designed to replace the aging shuttle has been delayed by bad weather.

The slender, 100m-tall Ares I-X vehicle was supposed to test technology crucial for the development of a manned craft.

A combination of high wind speeds and clouds contributed to Nasa's decision to scrub the launch at Kennedy Space Centre in Florida.

The experimental craft has two further four-hour launch windows between 0800 and 1200 EDT on 28 and 29 October.

The craft is the first new launch vehicle that Nasa has designed and built in more than three decades.



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 03:09:08 PM EST
[ Parent ]
Danke ceebs, nanne und Alle...

Skennah Kowa
by Crazy Horse on Tue Oct 27th, 2009 at 06:12:00 PM EST
[ Parent ]
Muggles Ruin Harry Potter Dinner - The Daily Beast
Halloween just got a lot less magical for a group of Harry Potter fans in London. Warner Brothers cracked down on a planned Harry Potter-themed dinner run out of the home of a London woman using the name "Ms. Marmite Lover," informing her that references to Diagon Alley and different foods from the book constituted copyright infringement. "While we are delighted you are such a fan of the Harry Potter series," said a letter from the company, "unfortunately your proposed use of the Harry Potter properties...without our consent would amount to an infringement of Warner's rights."


Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 27th, 2009 at 07:47:04 PM EST
[ Parent ]
Lawyers really know how to screw things up, don't they ?

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 28th, 2009 at 12:13:28 PM EST
[ Parent ]
On every wind bankers' desk, the Dyson Air Multiplier!

(and perhaps some consultants as well.  So cool for hot summers, and only 10 times as expensive!)

Skennah Kowa

by Crazy Horse on Wed Oct 28th, 2009 at 04:08:55 AM EST
[ Parent ]
J, this would be the coolest wind deal tombstone ever, albeit perhaps only the very top receive this.

Skennah Kowa
by Crazy Horse on Wed Oct 28th, 2009 at 06:41:20 AM EST
[ Parent ]
Times Higher Education - Laws of the academic jungle

What's it all about? The winner of the THE Lord Dearing Lifetime Achievement Award has distilled ten facts of university life to share

It was Wallace Stanley Sayre, a political scientist at Columbia University, who reportedly came up with the most famous law of academic politics: the intensity of feeling is inversely proportional to the value of the stakes at issue.

Anyone involved in sorting out university car-parking will recognise the law's truth.

Now Sir David Watson, professor of higher education management at the Institute of Education and winner of Times Higher Education's 2009 Lord Dearing Lifetime Achievement Award, has condensed his observations of the sector into nine rules of his own.

Watson's "Laws of Academic Life" are:

* Academics grow in confidence the farther away they are from their true fields of expertise (what you really know about is provisional and ambiguous, what other people do is clear-cut and usually wrong)



Capitalism without bankruptcy is like Christianity without hell. Frank Borman
by ceebs (ceebs (at) eurotrib (dot) com) on Wed Oct 28th, 2009 at 06:33:49 AM EST
[ Parent ]
"the intensity of feeling is inversely proportional to the value of the stakes at issue."

This effect is also known in the world of sailboat racing. A well-equipped racing yacht or dinghy has innumerable adjustments that can be made to the sail controls, the centerboard, and the operating method. Some adjustments are well known, while others cause interminable debate. The observation is that there is no argument about the ones that everybody knows work, so the argumentation is about things that can't be clearly shown to be beneficial. The conclusion is that they probably don't make any difference.

So the arguments get more and more energetic as you get further into areas where nobody actually knows anything. Which goes a long way towards explaining why religious wars are the worst.

by asdf on Wed Oct 28th, 2009 at 08:48:56 AM EST
[ Parent ]
I remember a lecturer telling a story about an argument that blew up about a review he had written with the books author at a conference.it having ot quite extreme, he went back to his hotel room. ten minutes later the author pushed a sheet of paper with a continuation of the argument under the door. the next several hours were spent with the argument happening across sheets of paper going back and forth under the door.

He was quite convinced that had the hotel not been emptying the next morning they would still be there now.

Capitalism without bankruptcy is like Christianity without hell. Frank Borman

by ceebs (ceebs (at) eurotrib (dot) com) on Wed Oct 28th, 2009 at 09:14:08 AM EST
[ Parent ]


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