European Salon de News, Discussion et Klatsch - 24 November

by Fran
Mon Nov 23rd, 2009 at 04:01:39 PM EST

 A Daily Review Of International Online Media 


Europeans on this date in history:

1826 – Birth of Carlo Collodi, a Italian author and a children's writer known for the world-renowned fairy tale novel, The Adventures of Pinocchio. (d. 1890)

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by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:21:50 AM EST
EUobserver: Ferrero-Waldner set to take over trade portfolio
The EU's external relations commissioner, Benita Ferrero-Waldner, looks set to swap portfolios with her trade colleague Catherine Ashton once the Lisbon Treaty comes into effect on 1 December.

The imminent switchover, divulged by a number of EU officials on Monday (23 November), will facilitate Ms Ashton's move to her new foreign policy job as the EU's high representative.

Ms Ashton's departure had raised a question mark over who would take over in the important trade post, with a World Trade Organisation (WTO) ministerial conference set to take place in Geneva between 30 November and 2 December.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:36:43 AM EST
[ Parent ]
EurActiv: Barroso warned not to split environment, climate portfolios
A leading group of MEPs on Friday (20 November) warned European Commission President José Manuel Barroso not to create a separate climate action department in the next EU executive, as rumours abound in Brussels that the environmental portfolio currently held by Stavros Dimas could be split in two.

In a letter, the MEPs urged Barroso to keep the current environment portfolio and appoint an extra commissioner for climate action instead.

"We still find no reason for reducing the portfolio of competences of your directorate-general for environment regarding climate policies," reads the letter, seen by EurActiv.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:46:34 AM EST
[ Parent ]
European Voice: Damanaki nominated as Greek commissioner
The Greek government on Friday nominated Maria Damanaki, a member of the ruling Pasok party, to be the country's next member of the European Commission.

Damanaki, 57, was elected to the Greek parliament in 1977 as a member of Greek Communist Party and later for Synaspismos, a left-wing party whose president she became in 1989. She won a place in parliament for Pasok, a socialist party, in 2003.

Damanaki, a chemical engineer by training, has been a member of the parliamentary committee on culture, science and education.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:53:39 AM EST
[ Parent ]
Politiken: Newspaper: Hedegaard to EU
Conservative Climate Minister Connie Hedegaard is Brussels-bound as EU Climate Commissioner in an appointment likely to be announced at a cabinet meeting on Tuesday, according to B.T.

B.T.'s sources say that Prime Minister Lars Løkke Rasmussen has chosen Hedegaard as Denmark's commissioner partly because EU Commission President Jose Manuel Barroso wants more women in his commission, and partly because the Conservative Leader and Deputy Prime Minister Lene Espersen wants Hedegaard (Cons) in Brussels.

The newspaper suggests that the only thing that can make Løkke Rasmussen change his mind is if the post of Climate Commissioner does not carry a heavy enough portfolio.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 01:41:13 PM EST
[ Parent ]
France aims for key Commission job as Brown criticised for Ashton appointment - Times Online

British diplomats are fighting a rearguard action to prevent France from taking the key financial job in Brussels after Baroness Ashton of Upholland's appointment as foreign affairs chief.

With Paris and Berlin setting their sights on controlling the EU's economic agenda, a former French Foreign Minister, Michel Barnier, is being tipped to take the plum commission portfolio overseeing the internal market and financial services.

Germany is seeking the industry or energy jobs in the European Commission line-up due to be announced this month, while also preparing its national bank chairman to take over at the European Central Bank.

The Times reported on Saturday that Lord Mandelson and other ministers advised Gordon Brown that he should have tried to secure an economic role for Britain rather than the foreign job won by Lady Ashton.

[Murdoch Alert]
by Fran (fran at eurotrib dot com) on Tue Nov 24th, 2009 at 12:50:28 AM EST
[ Parent ]
NRC: Don't underestimate the 'grey mouse' from Belgium
Losing to Belgium is always painful for the Dutch, whether in football or in politics. On Thursday night a Dutch TV news anchor gave voice to the hurt national pride when he said: "Why Van Rompuy and not Balkenende? How could this happen?" The Brussels correspondent offered that the EU leaders preferred someone "with a blank slate" to someone with "experience". Herman Van Rompuy had only been prime minister of Belgium for less than a year, whereas Balkenende is leading his fourth government in a row. The TV audience was reassured: our compatriot had simply been overqualified.

The reality is that the Belgians once again demonstrated that they know how to play the European game down to their fingertips. First of all the Belgian media strategy was brilliant. Belgian editorials emphasised Van Rompuy's qualities as a statesman and pointed out Balkenende's shortcomings. The latter is in charge of an increasingly eurosceptic country, which voted against the European constitution, and he his leadership at home has been weak, it was said. This analysis soon found its way to international papers like Le Monde. Let it be a lesson to Dutch diplomacy: yes, the ultimate decisions are taken in the very closed circle of the 27 heads of governments, but the media do play a role in the run-up. Belgium's candidature was a clever balance between discretion and publicity.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:57:07 AM EST
[ Parent ]
Anyone who can preside with even modest success over the fractious disputes between Flemings  and Walloons has already passed over a rather high bar of political and diplomatic competence.

If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Tue Nov 24th, 2009 at 11:19:48 AM EST
[ Parent ]
SPIEGEL (interview with Zapatero): 'The EU Is Already Playing in the Top League'
Spanish Prime Minister Jose Luis Rodriguez Zapatero, 49, talks to SPIEGEL about the European Union's new president and foreign minister, Spain's goals for its upcoming EU presidency and hopes for a new beginning in Europe.

SPIEGEL: Mr. Prime Minister, the Belgian Prime Minister Herman Van Rompuy has been appointed as the first permanent European Council president and the British EU Trade Commissioner Catherine Ashton is to become the EU's first foreign minister. Can this really be the outcome of close to 10 years of tough battles to reform the EU?

Jose Luis Rodriguez Zapatero : That's your interpretation. I, at any rate, congratulate the Swedish council presidency, because its proposal was accepted unanimously. The Belgian prime minister is a European through and through, and he has demonstrated leadership ability as the head of his government. I am also very pleased that we have found a woman for the post of foreign minister. I know her from the family of socialists within the EU, and I supported her. I have always been convinced that we need women in top offices.

SPIEGEL: Spain was the first country in the union that approved the European constitution, which later failed, in a referendum. And now it will be the first country, starting in January, that will have to implement, together with the new EU leadership, the rules of the Lisbon Treaty during its presidency of the European Union. Will you be giving Europe a new start?

Zapatero: The Lisbon Treaty must give Europe fresh energy. The new stage begins with three main goals. Our economic policy must become more efficient. Europe must play a much more active and more important role in the world. And, finally, Europe must be a greater champion of more civil rights and a policy of equality. This, most of all, is what characterizes our European identity. This large democratic zone cannot lose its appeal.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 12:07:15 PM EST
[ Parent ]
NY Times (editorial): The E.U.'s New Leaders
Leading the E.U. is basically a process of consensus-building, and here both Mr. Van Rompuy and Mrs. Ashton have fairly solid credentials. A veteran of Belgian Christian Democratic politics, the low-key, ascetic Mr. Van Rompuy was tapped by Belgium's King Albert II last December to heal a serious rift between the Flemish and French-speakers. To a great extent he did (leading to no small anxiety in Belgium over what will happen when he moves on next month).

Mrs. Ashton, for her part, was credited with steering the Lisbon Treaty, intended to streamline and strengthen the E.U., through a hostile British House of Lords, and she has won considerable respect in her current E.U. trade job.

These achievements, of course, do not amount to a wealth of experience on the world stage, and the debate over how strong the E.U.'s leadership should be will rage on. But that debate is really over how much power its members are willing to cede to Brussels. So far they've preferred to remain a relatively loose coalition, and that requires leaders more adept at coordinating and cajoling than at summiteering. Mr. Van Rompuy and Mrs. Ashton seem to fit the bill, and we wish them well.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 12:11:02 PM EST
[ Parent ]
EurActiv: 'Cat row' deepens Cyprus-Turkey dispute
A row over cats has erupted between Cyprus and Turkey, adding a surprising new flavour to a long-standing stalemate between the communities of the divided island and its difficult relationship with Turkey, the divided EU country's biggest neighbour.

The Cypriot Feline Society is fighting for the recognition of two separate breeds of Cypriot cats, but groups from Turkey and the Turkish Republic of Northern Cyprus are also trying to lay claim to the island's feline legacy, the Cyprus Mail reports.

"This cat belongs to its country," said Rania Razorenova, president of the Association of Cyprus Purebred Cats. "There is a real danger that foreigners - and particularly groups from Turkey - will try to officially register a Cypriot breed of cat outside Cyprus," she said.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 12:16:59 PM EST
[ Parent ]
This is so damn predictable.

Once a conflict gets under way anything can be used to erect In-Group/Out-Group boundaries.

The next step:  "OUR rocks are better than (sneer) YOUR rocks."

By popular request ... Madness takes it's toll. Have exact change ready.

by ATinNM on Mon Nov 23rd, 2009 at 04:22:21 PM EST
[ Parent ]
A new meaning and venue for the term "cat fight."

If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Tue Nov 24th, 2009 at 11:25:33 AM EST
[ Parent ]
Deutsche Welle: Germany wants contracts to clarify immigrant responsibilities
Germany plans to have immigrants sign "integration contracts" that would oblige foreigners seeking to live in the country to avow certain values, such as freedom of speech and equal rights for women.

German Integration Commissioner Maria Boehmer has said that she wants to move on plans to have new immigrants sign a contract with the state. Such a move, she argues, would make integration efforts more binding.

Boehmer said the contracts would explain what services and assistance were available to new immigrants, and at the same time would clarify "what we expect from them."

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 01:20:36 PM EST
[ Parent ]
And pray tell why should integration efforts be made binding? And what about binding contracts for employers, bureaucrats, teachers and neighbours who after all have to contribute the other half of integration?...

*Traitor*, n.
A benighted individual who perceives an illusory distinction between serving his nation and abetting the criminals who govern it.
by DoDo on Mon Nov 23rd, 2009 at 05:53:44 PM EST
[ Parent ]
British inquiry into Iraq war opens in London | France 24
AFP - A long-awaited public inquiry into Britain's role in the Iraq war opens Tuesday, with former civil servants first to appear in hearings set to climax with Tony Blair taking the stand.
  
One-time top officials from the foreign and defence ministries will outline Britain's policy towards Baghdad in the early 2000s as a five-member committee begins investigating what lessons can be learned from the US-led war.
  
Inquiry chairman John Chilcot, a former civil servant, said he was confident of producing a "full and insightful" account of the decision-making that led Britain to join the 2003 invasion against strong opposition at home and abroad.
  
An appearance by former prime minister Blair, who took Britain into the conflict, is likely to be the highlight of the inquiry, although he and other Labour government figures are not due to give evidence until next year.
  
by Fran (fran at eurotrib dot com) on Tue Nov 24th, 2009 at 01:13:31 AM EST
[ Parent ]
John Chilcot - Wikipedia, the free encyclopedia

His honours include CB (1990), KCB (1994), and GCB (1998). He became a Privy Counsellor in 2004, and was a member of the Butler Review of the use of intelligence in the run-up to the invasion of Iraq in 2003.

He is described as "a mandarin with a safe pair of hands", though some doubt his forensic skill. International lawyer Philippe Sands is reported as saying "Having some familiarity with Sir John's questioning ... it is not immediately apparent that he will have the backbone to take on former government ministers."[3] Sands also commented specifically, in the Observer, on Sir John's questioning of attorney-general Peter Goldsmith during the Butler inquiry:

"He [Lord Goldsmith] gave evidence on 5 May 2004. The uncorrected transcript shows some members of the inquiry pressing him [Goldsmith] hard. By contrast, Sir John's spoonfed questions give every impression of being designed to elicit a response from the attorney general that would demonstrate the reasonableness of his actions and those of the government." [4]
by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Nov 24th, 2009 at 05:36:47 AM EST
[ Parent ]
Why do I get the feeling that this "inquiry" will be just as successful as the Warren Commission inquiry into the Kennedy assassination or the 9/11 cover-up inquiry?  Good luck on getting to the truth.

I love the smell of roast chicken in the morning!
by THE Twank (yatta blah blah @ blah.com) on Tue Nov 24th, 2009 at 10:24:08 AM EST
[ Parent ]
"The Truth" may be known to the satisfaction of a great many but never "proved" to the satisfaction of all.

If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Tue Nov 24th, 2009 at 11:29:57 AM EST
[ Parent ]
by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:22:47 AM EST
BBC News: Romania election's strange enigma
The Basescu camp were all smiles, Mr Geoana's team looked calm and determined. The photographs of the victory celebrations splashed across Romanian newspapers' front-pages reflect the strange enigma of this presidential election - the top three candidates all claimed victory.

Traian Basescu won 32.8%, according to partial official results. It is a big fall from his former position as the darling of the majority of Romanians, but a good enough result to make him confident for the run-off on 6 December.

The result of the referendum held at the same time as the presidential vote was also a boost for Mr Basescu.

Around 80% voted in favour of his proposal to axe the Senate, the upper chamber of the Romanian Parliament, and reduce the lower house from 471 to 300 seats.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:27:58 AM EST
[ Parent ]
NY Times (Reuters): Incumbent Basescu Tops Romanian Poll First Round
President Traian Basescu led by a slim margin in the first round of Romania's presidential election on Monday, but the close results pointed to tough talks ahead on forming a new government.

Failure to form a new government rapidly could further endanger a 20-billion-euro aid package led by the International Monetary Fund and hamper efforts to move the country quickly out of recession.

Partial results from 74 percent of polling stations showed centrist Basescu had 33 percent of the votes cast in Sunday's ballot. Social Democrat (PSD) leader Mircea Geoana 30 percent.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:29:27 AM EST
[ Parent ]
Central Electoral Office: Traian Basescu - 32.43%, Mircea Geoana 31.16%, Crin Antonescu 20.02% - Top News - HotNews.ro
Traian Basescu obtained 32.43% of the votes, Mircea Geoana 31.16% and Crin Antonescu 20.02% according to the partial official results published by the Central Electoral Office on Monday, at 8PM, after counting 99.81% of the votes. The turnout was 54.32%.

The other candidates and their results:
  •     Corneliu Vadim Tudor - 5,55%.
  •     Kelemen Hunor - 3,84%
  •     Sorin Oprescu - 3,18%.
  •     George Becali - 1,91%.
  •    Remus Cernea - 0,62%
  •     Constantin Rotaru - 0,45%
  •    Eduard Manole - 0,35%
  •     Ovidiu Iane - 0,23%
  •    Ninel Potarca - 0,21%

The smaller party candidates might cancel out, the one big question is whether the 20% who voted for the other liberal party's candidate will rather stay home, or vote for the clean-vested Mircea Geoană even if disliking his post-communist, post-Iliescu party; or ignore their candidate's position and vote for Băsescu.

*Traitor*, n.
A benighted individual who perceives an illusory distinction between serving his nation and abetting the criminals who govern it.

by DoDo on Mon Nov 23rd, 2009 at 06:10:00 PM EST
[ Parent ]
Wall Street Journal: Romanian Voters Head For Round Two, New Coalition Likely
Romanian voters culled the presidential field with a vote Sunday that propels the two finalists, incumbent Traian Basescu and Mircea Geoana, the head of the Social Democrat Party, into a Dec. 6 runoff election.

Basescu appears to have won the first round, according to partial results form the Central Electoral Bureau in Bucharest, but Geoana is narrowly favored by most opinion polls to win the decisive second round.

The election should break an impasse that began early last month when Geoana pulled his party out of a coalition government, leaving Prime Minister Emil Boc--a Basescu appointee--a lame duck as he negotiates budget conditions dictated by the International Monetary Fund. The IMF, flanked by the European Union, loaned Romania EUR20 billion earlier this year to preempt a balance-of-payments crisis as Romania's economy lurched into a severe contraction.

The IMF has declined to disburse the second tranche of its standby loan until Romania has a new government.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:31:27 AM EST
[ Parent ]
Withdrawing Liberal candidate in presidential elections dismisses any collaboration with Traian Basescu - Top News - HotNews.ro
Liberal candidate Crin Antonescu, who came third in presidential elections on Sunday thus failing to go into a second round of elections, said on Monday that any collaboration with incumbent President and rival candidate Traian Basescu was out of question. The statement comes as parties are fighting over support of the electorate for the second round of the presidential poll, due on December 6, when Basescu will face Social Democrat Mircea Geoana.

Antonescu said Basescu was not a rightist candidate as he tried to depict himself on Sunday night, but "a populist candidate, a man who would abuse anything".

The President vs. Parliament war is heading for an unexpected end: mutual knockout!

...that is: while Băsescu succeeded with his referendum idea (voters overwhelmingly voted to change the bicameral parliament to unicameral, with much less seats), there is now a realistic chance that he will lose in the second round of the Presidential elections.

This is insane. I wonder if any new forces/personalities can grow out of this (beyond Klaus Johannis).

*Traitor*, n.
A benighted individual who perceives an illusory distinction between serving his nation and abetting the criminals who govern it.

by DoDo on Mon Nov 23rd, 2009 at 06:00:51 PM EST
[ Parent ]
by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:23:30 AM EST
Bloomberg: Aluminum Bubble Concerns Mount as Surplus May Add 29%
Warehouses holding enough aluminum to build 69,000 Boeing 747 jumbo jets are why Peter Sorrentino says the most abundant metallic element in the earth's crust is too expensive.

"I don't see why the aluminum price has gotten so high," said Sorrentino, who helps manage $13.8 billion at Huntington Asset Advisors in Cincinnati. "There's plenty of supply around and demand is still quiet. There's a disconnect between the price and reality."

[...]

Investors are "chasing commodities" and there is a risk of bubbles emerging, Nouriel Roubini, the New York University professor who predicted the global financial crisis, said Nov. 20 in a speech in Lisbon.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 01:25:58 PM EST
[ Parent ]
Also see:

Think About It (Alda Sigmundsdottir): The high price of aluminium

There is a large faction of people in Iceland who see aluminium smelters as a quick-fix solution to this country's current economic problems. They fail to see that the construction of yet another smelter would be nothing more than a temporary injection into the economy. That sort of injection causes great expansion and overheating, and when the party is over we must deal with the hangover - which inevitably will have people clamoring for yet another smelter. It becomes like a drug, a fix.

We saw this happen from 2002-2009, with the construction of a large Alcan smelter in East Iceland that was supposed to save the region from economic depression. A ton of energy was required to power that smelter, so the Icelandic government agreed to build a massive hydroelectric power plant nearby. It was the largest construction project ever in Iceland's history and required the state to take foreign loans in unprecedented amounts - hundreds of billions of Icelandic krónur. The injection of capital into the economy at that time was the beginning of the bubble that six years later played a major part in the implosion of the Icelandic banking system and economy.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 02:44:10 PM EST
[ Parent ]
Michael Hudson's Talk at Customs House in Australia

Courtesy of Steve Keen and other via his blog DebtWatch.

I have read Michael Hudson's writings, but never seen him speak. His presentation is lucid and alarming.  He starts by describing the stripping away of economic history and all other tools in academic economics that could serve to provide a context for understanding the effect of the current ongoing economic policy of deregulation, the intent of which is to concentrate all regulatory policy in one body, The Fed, to the head of which can be appointed a Greenspan, Bernanke or another in that mold who will refuse on principle to regulate.

That was the goal of Bush 43 and remains the goal of Obama.  He describes Obama as being the front man for the dismantling of public housing in Chicago and the sale of the property to developers, including the Crown and Pritzker families, supporters of Obama, for redevelopment, gentrification and profit.

Hudson asserts that the end goal is rolling back all of the gains made since the end of feudalism, undoing all of the work of the Enlightenment, of the Physiocrats, Adam Smith, John Stuart Mill and of the Progressives in the first half of the 20th century so as to accomplish through financialization essentially the re-feudalization of the world with the financiers as the new nobility with individuals bound to their homes by underwater mortgages from which they cannot walk away.

He asserts that this is the case in much of Europe and in Iceland, where the homeowner is personally responsible for the debt and cannot wall away as they can in the USA and Australia.  In the USA it would seem that the financiers have gotten around this by the expedient of putting the "full faith and credit" of the US taxpayer underneath the gambling debts of the financiers.  In Australia the situation appears to be similar to that in the USA in 2006.

If Australia is the USA circa 2006, the smart move would be to sell your real estate before the crash and rent or move elsewhere until real estate prices decline by half or more.  And do not let the banks stampede the government into bailing them out.

When governments guarantee the bad speculative bets of the financial class what they are guaranteeing is that their taxpayers will make the wealthy speculators whole.

That is the first five minutes of an approximately one hour speech.  WOW!  Listen to the speech. Just click on the link at the top of this comment.

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

by ARGeezer (ARGeezer at eurotrib.com) on Mon Nov 23rd, 2009 at 10:47:46 PM EST
[ Parent ]
Just copy/pasted some of this to the SacBee site.  Hell, if this guy started to call people CATTLE it could be ME talking.

I love the smell of roast chicken in the morning!
by THE Twank (yatta blah blah @ blah.com) on Tue Nov 24th, 2009 at 10:35:56 AM EST
[ Parent ]
UHH, Hope you listened to the lecture. MY comment above is a mix of summation of what he said, my characterization of what he said and my surmises based on what he said. I wish there had been a transcript and I thought of making a partial one myself but didn't have the time.

If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Tue Nov 24th, 2009 at 10:59:22 AM EST
[ Parent ]
Hell, if this guy started to call people CATTLE it could be ME talking.

On the financial blogs I follow, including Zero Hedge, especially in the comment threads, one of the recurring, (dispairing), neologisms for the US electorate is SHEEPLE!

If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Tue Nov 24th, 2009 at 11:10:43 AM EST
[ Parent ]
ARGeezer:
Hudson asserts that the end goal is rolling back all of the gains made since the end of feudalism, undoing all of the work of the Enlightenment, of the Physiocrats, Adam Smith, John Stuart Mill and of the Progressives in the first half of the 20th century so as to accomplish through financialization essentially the re-feudalization of the world with the financiers as the new nobility with individuals bound to their homes by underwater mortgages from which they cannot walk away.

Michael Hudson writes some good stuff, but if he really believes the above he's a nut.

Who's doing this? Why would they bother with rolling back centuries of history to return to "feudalism"? Why do they need "feudalism"?

This bloated historical reference conjures up images of evil genius megalomaniacs huddling in underground hideaways plotting to become masters of the universe.

Or, worse still, it reminds one of the Da Vinci Code.

When locusts move on, they leave nothing behind

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Nov 24th, 2009 at 11:26:11 AM EST
[ Parent ]
Now, now, argument by bizarre and inappropriate  analogy is a time-honoured technique.
by Colman (colman at eurotrib.com) on Tue Nov 24th, 2009 at 11:34:09 AM EST
[ Parent ]
Even ante-dating feudalism, I believe. The argumentum ad delirium.

When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Tue Nov 24th, 2009 at 11:39:30 AM EST
[ Parent ]
afew:
individuals bound to their homes by underwater mortgages from which they cannot walk away
Bah, we'll just rent.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Tue Nov 24th, 2009 at 12:39:15 PM EST
[ Parent ]
I myself am curious how this works in Iceland and parts of Europe.  From what I gathered from Hudson's talk this was the case in the USA until the depression. My surmise is that one could just walk away, but any assets or income remain vulnerable to attachment. Hudson noted that the fact that the home was worth substantially less than the value of the loan represents a failure on the part of the bank (and the regulatory authorities) more than on the part of the borrower in the case of bubbles. Do you know what is the law in Spain?

If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Tue Nov 24th, 2009 at 05:21:18 PM EST
[ Parent ]
Maybe you can start here.
santiago:
bankruptcy almost always protects homeowners' right to retain the property
Maybe in the US it does.
One thing that didn't use to be possible in Spain until very recently and which hasn't been done by many people even then is to use bankruptcy to get out of unsecured debt while retaining your home.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Wed Nov 25th, 2009 at 02:47:10 AM EST
[ Parent ]
"Rolling back" was my characterization of his statement. Subverting probably would have done better, as the process seems more like one of re-establishing the relative wealth and power distributions that characterized the feudal system but without the explicit relationships between lords and vassals or the explicit oaths. Nor is the end of the process yet a fait accomplis. The White House proposal to combine all of the financial supervisory powers in the Federal Reserve fortunately appears to be a non-starter on Capitol Hill, where there is pressure to separate supervision of the markets from control of the money supply. But very significant regulatory power over banking was added to the Fed under Clinton in the early ninties where it was rendered useless by the studious refusal to regulate during the Chairmanship of Greenspan. Hudson sees little difference in the appetite of Bernanke for regulation. Certainly the appointment of regulators who won't regulate has been the order of the day since Reagan and I, for one, have NOT noticed a marked improvement under Obama.

As to the...

..images of evil genius megalomaniacs huddling in underground hideaways plotting to become masters of the universe...
image, that was neither invoked by Hudson or myself, required to explain ongoing events nor, I believe, anything but an establishment trophe designed to cause critics to repeatedly strike their foreheads with their fists and fall back in confusion.

Hudson DOES make the point that all of the individual liberties that have been gained for the many at the expense of the few since John Locke are and have been under sustained assault in the second half of the 20th century and that the effect of that assault has been to turn on its head the intent of the work from Adam Smith to John Stuart Mill to make the economy work for the benefit of society rather than for the feudal elite, as was formerly the case.  He asserts that this has been accomplished by the redefinition of freedom as the freedom of business and financial leaders to pillage what is left of the assets of those weaker than them and to systematically seek to repeal such safeguards as remain through bankruptcy law "reform", tort law "reform" (malpractice and product liability), and the repeal of Glass-Steagall. (Some of these examples may not have been offered by Hudson.)

I had not realized that real estate mortgage debt cannot be abandoned in Iceland or much of Europe. To those pinned with underwater mortgages that stay with them until death this must seem like a new serfdom. But I agree that this is not terribly advantageous to the debt holders. The situation in the USA where those who inflated the bubble get their counterfeit profits guaranteed by the "full faith and credit" of generations yet unborn seems better. Perhaps an improved and updated feudalism that brings the advantages of three hundred years of improving economic flexibility into the service of an elite now possessing wealth and power with respect to the society as a whole comparable to that possessed by the nobles over the commoners under feudalism. To paraphrase Churchill, perhaps we are entering an new dark age made more sinister by the lights of perverted economics.

Successful business people have long bought titles of nobility as an insignia of success.  The end point of that process is that they (collectively) have bought the governments that control those who grant those titles.

Hudson has worked at the upper levels of the financial world. He does not describe the leaders as huddling together into any conspiracy. That is both highly unlikely and unnecessary.  First of all, these leaders of business enterprises are all competing against each other for relative power and influence, so they will only cooperate on common goals. These include the removal or neutering of laws and regulations that constrain them from unfettered "competition."  And the fruits of that competition have somehow most disproportionately ended up in their hands--not as the result of a conspiracy but not as an accident either.

The actions that have brought about the current state of affairs have been the result of a shared understanding of a common interest amongst a relatively small group of businesspeople who understood the possibilities and opportunities. Individuals acted opportunistically but individually. Sandy Weil and Citi took the lead on the repeal of Glass-Steagall, acting in conjunction with Robert Rubin, formerly of Goldman Sachs but then Secretary of Treasure under Clinton. But probably all of the big financial corporations lobbied for the passage. Often this was done through Political Action Committees. See, that is not a conspiracy.

Hudson's talk is incendiary.
But Hudson is NOT a nut.
Hudson just has guts.
And a position that does not require him to believe or speak nonsense.
Would that there were more such as he.

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

by ARGeezer (ARGeezer at eurotrib.com) on Tue Nov 24th, 2009 at 12:55:47 PM EST
[ Parent ]
ARGeezer:
The actions that have brought about the current state of affairs have been the result of a shared understanding of a common interest amongst a relatively small group of businesspeople who understood the possibilities and opportunities.

Right. So why talk about "the end goal" in terms of a multi-century historical scenario? That is what made me talk about the image of evil geniuses plotting. Who is nurturing thoughts of this "goal"? I don't think the guys that are coining it thanks to increasing financial dominance are thinking about history. They're just getting on with getting richer and strengthening their hold on their situation.

Secondly, I don't see much use in talking about feudalism. What is and has been developing is not feudalism, though one may wish to use it as a rough and ready metaphor, "it's like lords with serfs" -- but even then it would be too far removed from either the historical reality of feudalism or the reality of today.

But I'm beginning to realize there's a common misunderstanding regarding feudalism between Americans and Europeans. Before John Locke and Adam Smith, the feudal system was over and done with bar vestigial traces (and holdouts like Russia). The existence of a monarch, nobles, and commoners doesn't constitute a feudal system, when the commoners are no longer serfs and the nobles no longer vassal warlords who bring their private armies to support the suzerain. When I read "feudalism", I think of the Middle Ages, not the Early Modern period. Perhaps you don't mean quite the same thing by it.

I did begin by saying Michael Hudson writes good stuff. I was objecting to the historical overload with its conspiratorial undercurrent, that's all.

When locusts move on, they leave nothing behind

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Nov 24th, 2009 at 01:50:37 PM EST
[ Parent ]
Oops. Should be a reply to ARGeezer, comment #88.

When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Tue Nov 24th, 2009 at 01:52:30 PM EST
[ Parent ]
So why talk about "the end goal" in terms of a multi-century historical scenario?

This is a conflation of two separate processes. The first process is often referred to as "The Enlightenment Project" even though it was conceived very differently in different countries, occurred over 300 years, from the second half of the 17th century at least until the middle of the 20th century, and was carried forward by a multitude of people, many of whom disagreed with each other. Still, there was sufficient commonality of goals, even between people that lived in different centuries and different countries, for it to be called an ongoing project. That project included recasting our understanding of the world from one based on divine providence and God acting in History to one based on naturalistic principles with men acting in a context of discoverable principles called "natural law" at times. That project has had much greater impact amongst educated elites than amongst the average man and social and religious conservatives have never accepted much of the revised understanding. These conservatives include most of the priesthood and hierarchy of the Catholic Church and of the clergy of the Protestant churches.  We won't even start with the Islamic traditions or various eastern religions here.

The second subject to which Hudson referred was a more focused and specific secular reaction to the social effects of the Enlightenment Project as manifested in the political and economic structure of the USA and, subsequently, Europe. And we know who these people are: Milton Friedman and the "Chicago School", who provided valuable intellectual leadership; Richard Mellon Sciafe, grandson of Hoover's Treasury Secretary, Andrew Mellon and heir to much of that fortune who supported financially the Club for Growth, the American Enterprise Institute and numerous other conservative and libertarian groups, and a host of others who never accepted the social reforms of the New Deal, including Social Security and the New Deal restrictions and regulations on banking, who tirelessly wrote columns, commissioned "Think Tank" "white papers" and supported politicians, beginning with Barry Goldwater, all with the common message that Social Security and all of its corollaries was an unworkable fraud that would fail just when it was most needed and that the only legitimate function of government was national defense and the enforcement of laws protecting personal property and the personal safety, especially of the wealthy.

Nor was this "movement" homogenous, including, for example, in the early days, groups such as the John Birch Society as well as the Club for Growth. But they made themselves important to and a part of the Nixon Administration, where Friedman's Shock Doctrine finally got employed in Chile, and where Donald Rumsfield got his start in national politics. But those who went forward to the Reagan Administration did share common goals of deregulating finance and business in general and increasing the portion of the national product that went to the top.

They did not have to publicly or privately endorse specific plans for us to so conclude.  It is merely necessary to consider if many of them could not have understood that what they were doing would have that effect, when they could see the yearly progress in that direction that their policy efforts were having. They saw and they called it good. They did not plan on producing financial crises, but Greenspan did assert that they could not really be foreseen and that the cost of cleaning up was lower than the cost of prevention. (Who believes he really believed this?) Their attitude was more one of reckless, if not contemptuous, disregard. But the goal of rolling back regulations, undermining the accomplishments of the New Deal, subverting the accomplishments of the Progressive Era and discrediting the potential of government to act in the common good were broadly shared among those in the Republican party from the center to the right fringe.

The more activist and militant they were the more explicit were these goals. This is especially true with those who were involved in lobbying under Gingrich including Jack Abramoff, Ralph E. Reed, Jr., Grover Norquist and Michael Scanlon.  Recent revelations about The Family and the Republican legislators who live in a Family residence in D.C., including Sen. John Ensign, Sen. Tom Coburn, Gov. Mark Stanford, etc. are definitely "conspiracy" material, given the secrecy of their operations, the fact that they live together when in D.C., all go to each other for personal support and appear to share a common political agenda.

In a society in which an enormous number of people are convicted each year under conspiracy law, calling someone a "conspiracy theorist" for suggesting that large groups of people work together and coordinate for common goals, some of which are arguably illegal or in subversion of basic constitutional principles is a bit ridiculous.  Even if IOKIYAR.

In face of the facts of the matter it is pathetic that progressives accept publicly getting beaten up for indulging in "conspiracy theories".  My own sense it that, especially in academia, this is a convenient excuse for avoiding potentially career damaging subjects at the cost of a functional understanding of the nature of social reality. Just another failure due to continued acceptance of failed parts of Enlightenment thought, especially about how human thought and perception operates.

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

by ARGeezer (ARGeezer at eurotrib.com) on Tue Nov 24th, 2009 at 07:38:47 PM EST
[ Parent ]
Ouch, it looks as if I have to choose between being a self-serving academic and being a Republican. Except that I didn't call anyone a "conspiracy theorist".

I agree with all you say, as such.

But I don't accept that one can talk about history in this second-guessing way. There was never any such thing as an "Enlightenment Project". Even the term Enlightenment is one of those convenient labels, like Renaissance or Industrial Revolution, that are added with hindsight to organize history into an onward roll moving somewhere with a kind of diffuse but discernible direction. I don't agree about the long-term community of goals on the Enlightenment "side", or about the intentions of the conservatives you cite. Yes, there are theorists among them who offer intellectual pretexts, but essentially what they're about is vicious defence of wealth and nothing more. Even among the theorists, there are those who take Enlightenment thinkers like Smith as their godfathers in neo-liberal/classical economics. Was the supposed Enlightenment Project leading to the New Deal, or to the Chicago School? It's not an idle question.

This is not so much about history, but historiography. I don't object to what you (or Hudson) are saying as to facts. I'm not denying that there are individuals who plot with others, that they have powerful and wealthy backers -- and above all I'm not denying the convergence of powerful interests. But how do we place them in history, what language do we choose, what story do we tell? An historical movement to counter and destroy the "Enlightenment Project" and return to "feudalism" is pretty crude history, but above all it's a teleological fallacy. History doesn't have such long-term aims. And using such language does tend to give a conspiratorial slant to the discourse, that I mocked by mentioning the Da Vinci Code.

I just don't think it's a fruitful way of describing what's going on.

When locusts move on, they leave nothing behind

by afew (afew(a in a circle)eurotrib_dot_com) on Wed Nov 25th, 2009 at 03:41:42 PM EST
[ Parent ]
ARGeezer:

re-feudalization of the world with the financiers as the new nobility with individuals bound to their homes by underwater mortgages from which they cannot walk away.

He asserts that this is the case in much of Europe and in Iceland, where the homeowner is personally responsible for the debt and cannot wall away as they can in the USA and Australia.

Oh, wait, you mean that we already live in feudalism in Europe?

[Europe.Is.Doomed™ Alert]

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Tue Nov 24th, 2009 at 12:42:33 PM EST
[ Parent ]
I think the quote below clearly indicates that, with respect to "Doom" Status, the USA should not yield pride of place to any, save possibly the UK.
To those pinned with underwater mortgages that stay with them until death this must seem like a new serfdom. But I agree that this is not terribly advantageous to the debt holders. The situation in the USA where those who inflated the bubble get their counterfeit profits guaranteed by the "full faith and credit" of generations yet unborn seems better. Perhaps an improved and updated feudalism that brings the advantages of three hundred years of improving economic flexibility into the service of an elite now possessing wealth and power with respect to the society as a whole comparable to that possessed by the nobles over the commoners under feudalism. To paraphrase Churchill, perhaps we are entering an new dark age made more sinister by the lights of perverted economics.

Nor do I yet think even the USA is beyond redemption, although the odds seem to be getting longer. Perhaps I need a macro: THE USA IS DOOMED, BUT NOT JUST YET!

If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Tue Nov 24th, 2009 at 04:06:12 PM EST
[ Parent ]
Dollar Slump Persisting as Top Analysts See No Bottom

(Bloomberg) -- The most accurate dollar forecasters predict the world's reserve currency will continue sliding even when the Federal Reserve begins to raise interest rates, which policy makers say is an "extended period" away.

Standard Chartered Plc, Aletti Gestielle SGR, HSBC Holdings Plc and Scotia Capital Inc. say the dollar will depreciate as much as 6.4 percent versus the euro. About $12 trillion of fiscal and monetary stimulus, the world's lowest borrowing costs and a record $4 trillion of government bond sales between 2009 and 2010 will weigh on the currency, they said. So will the nation's 10.2 percent unemployment rate and signs that the economic recovery may falter, they said.

"History tells us the dollar shouldn't start rising on a sustained basis until 12 months after the Fed starts to lift rates," said Callum Henderson, the Singapore-based global head of foreign-exchange strategy for Standard Chartered.

The best forecaster of the dollar against the euro in the six quarters ended June 30 in Bloomberg's ranking of 46 firms last month predicts the greenback will weaken 5.3 percent to $1.58 per euro in 2010, from $1.4970 today.

"It'll take time to drain the oversupply of dollars from the market," Henderson said. "The dollar will remain weak until the Fed's rates rise above the competitors'."



If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Mon Nov 23rd, 2009 at 11:48:35 PM EST
[ Parent ]
by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:23:59 AM EST
NY Times: Hopes Grow as Israel and Hamas Discuss Prisoner Swap
There were growing indications on Monday that Israel and the Islamist group Hamas were close to a deal to exchange an abducted Israeli soldier for hundreds of Palestinian prisoners, a move with far-reaching implications not only for stalled Middle East peace talks but for a range of strategic regional relations.

Leaders on both sides were offering few details but a round of meetings in Cairo sponsored by the Egyptian government and a number of statements by senior officials have heightened anticipation that the swap could occur in the coming week.

"Those who don't know can talk," said Dan Meridor, Israel's intelligence minister, on state radio on Monday. "Those who know should keep silent."

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 12:14:00 PM EST
[ Parent ]
NY Times: 21 Filipinos Are Reported Dead in Election Violence
In one of the worst incidents of election- related violence in the Philippines in recent memory, a group of more than 40 people -- including lawyers, journalists and relatives of a local politician -- were kidnapped by armed men Monday, and military officials said at least 21 of them had been killed.

Lt. Col. Romeo Brawner, a military spokesman in Manila, said 21 bodies had been recovered in Maguindanao, a province on the island of Mindanao in the southern Philippines that has often been wracked by election violence. Thirteen of the dead were women, according to the military. Twenty-two people were unaccounted for, according to military officials.

Maj. Gen. Alfredo Cayton, a security official in the province, said in a radio interview that the victims had been shot. But relatives of most of the victims said at least 30 abductees had been killed and many of them beheaded by a group of about 100 men.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 12:15:26 PM EST
[ Parent ]
The Australian: Rebel Libs threaten to call leadership spill over secret ballot on ETS
REBEL Liberal MPs are threatening to call for a leadership spill in today's partyroom if Malcolm Turnbull refuses to offer a secret ballot on an emissions trading scheme.

The wild tactics are being threatened when talks resume this afternoon and could "paralyse" Mr Turnbull's hopes of securing a deal.

"If he doesn't agree to a secret ballot we will call a spill," a Liberal MP told The Australian Online.

Any vote would not take place today but within 24 hours, with climate change sceptics touting Kevin Andrews as a candidate in their attempt to stop negotiation talks in their tracks.

And so the Australian opposition disintegrates over climate change denial...

by IdiotSavant on Mon Nov 23rd, 2009 at 11:52:30 PM EST
[ Parent ]
Faulty Chinese drywall causes corrosion | Miami Herald

Initial findings from a study of 51 homes by the Consumer Product Safety Commission links corrosion in homes with Chinese drywall to the imported product, the agency said Monday.

Several federal agencies have been investigating complaints from thousands of homeowners -- many in Florida -- whose homes were built with Chinese drywall who have complained that copper tubing in their air conditioning units and electrical wiring have corroded, their homes smell like sulfur and they are having trouble breathing.

Until now, the government had not made a direct link between the complaints and the import. But in a report Monday, the federal government said, ``There was a strong association between the problem drywall, the hydrogen sulfide levels in homes with that drywall, and corrosion in those homes.''


Turning toxic wallboard into an externality via globalization.

If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Mon Nov 23rd, 2009 at 11:59:36 PM EST
[ Parent ]
What do you mean "Faulty"?  It's doing EXACTLY what it's suppose to ... making Americans sick, killing them slowly (under the radar, of course) ... just like those toxic Chinese toys sold at Walmarts.  Faulty, my ass.  A hard working scientist/engineer spent plenty of time DESIGNING this product to do EXACTLY what it's doing.

I love the smell of roast chicken in the morning!
by THE Twank (yatta blah blah @ blah.com) on Tue Nov 24th, 2009 at 10:50:58 AM EST
[ Parent ]
If their homes stink of sulphur and they can't breathe, it's not much "under the radar", is it?

When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Tue Nov 24th, 2009 at 11:14:58 AM EST
[ Parent ]
Well what do you expect?  They didn't hire ME to design the crap, just some second rate scientist/engineer.  Hey, if it was my project, the stuff would smell like roses and you'd enjoy your slow death.  Now THAT'S product development.

I love the smell of roast chicken in the morning!
by THE Twank (yatta blah blah @ blah.com) on Tue Nov 24th, 2009 at 11:51:31 AM EST
[ Parent ]
THE Twank:
the stuff would smell like roses and you'd enjoy your slow death

Sounds like the American Dream.

When locusts move on, they leave nothing behind

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Nov 24th, 2009 at 12:07:32 PM EST
[ Parent ]
US Foreign Policy: Obama's Nice Guy Act Gets Him Nowhere on the World Stage - SPIEGEL ONLINE - News - International

When he entered office, US President Barack Obama promised to inject US foreign policy with a new tone of respect and diplomacy. His recent trip to Asia, however, showed that it's not working. A shift to Bush-style bluntness may be coming.

There were only a few hours left before Air Force One was scheduled to depart for the flight home. US President Barack Obama trip through Asia had already seen him travel 24,000 kilometers, sit through a dozen state banquets, climb the Great Wall of China and shake hands with Korean children. It was high time to take stock of the trip.

Barack Obama looked tired on Thursday, as he stood in the Blue House in Seoul, the official residence of the South Korean president. He also seemed irritable and even slightly forlorn. The CNN cameras had already been set up. But then Obama decided not to play along, and not to answer the question he had already been asked several times on his trip: what did he plan to take home with him? Instead, he simply said "thank you, guys," and disappeared. David Axelrod, senior advisor to the president, fielded the journalists' questions in the hallway of the Blue House instead, telling them that the public's expectations had been "too high."

The mood in Obama's foreign policy team is tense following an extended Asia trip that produced no palpable results. The "first Pacific president," as Obama called himself, came as a friend and returned as a stranger. The Asians smiled but made no concessions.

by Fran (fran at eurotrib dot com) on Tue Nov 24th, 2009 at 12:59:18 AM EST
[ Parent ]
Apparently this clip is pretty funny (unfortunately I cannot access YouTube or SNL videos from China, so I'll have to wait until it appears on Chinese video sites to watch it):



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

by marco (cowannar at gmail punkt com) on Tue Nov 24th, 2009 at 01:46:51 AM EST
[ Parent ]
of US foreign policy is what Mr Obama did not fix during his first year in office.

There are many but I would single out three:

1. Saudi Arabia, 2. Pakistan, 3. Israel

Israel stands accused by Goldstone commission in war crimes during its operation in Gaza but American politicians seem to be deaf and blind as ever. Claims of pro-Israel lobby that UN commision inherently biased and anticemitic do not cut much ice with public around the world.

At last weekend in New Delhi there was a conference on anti-terrorism and former Indian law minister Ram Jethmalani said Saudi regime was spreading terror since it creation in 17th century by ben Wahhab, "an evil man" as he put it. Saudi envoy stormed out of the meeting registering his protest with Indian president Pratibha Patil. But what Jethmalani said is truth according to many - no matter what nice words Saudis say or write the fact is that after establishment of Saudi charity organizations in different countries there was an explosion of Wahhabi terrorism. Wahhabi-linked organizations like Taliban ruthlessly eliminate all rivals and critics, so it's not easy thing to speak out against them, even smallest clerics were killed across Islamic world.

Pakistani politicians recently bickered over mutual allegations who met Mr Osama bin Ladin and how many times. Musharraf accused former prime minister Nawaz Sharif in meeting Bin Ladin at least 5 times. Indian news channels currently air programs where they make public conversations between terrorists, their handlers in Pakistan, hostages and authorities during last year Mumbai attacks. These conversations present vivid picture of Pakistani based terrorism. For example terrorist in jewish Nariman House centre asks his handler what to do with rabbin and his family. Handler cooly reples: "With grace of God put them on their knees and shot them at the back of their head". Hostage at one time was given satellite phone and spoke to handler in Pakistan. She asked him when they will be released. A handler shamelessly lied to her just minutes after giving orders to eliminate them.  

Yet United States of America have never ever officially recognized Saudi Arabia or Pakistan as states sponsor of terrorism. US Senate just recently removed name of Nelson Mandela from the list of terrorists wanted by US. North Korea is in the list without any proof that Kim Jong Il regime helped terror outside his impoverished country. Such duplicity make all American efforts in creating broader international anti-terror front fruitless at the beginning.

Who will want to help America in defeating Al Qaeda, Frankensteins of her own CIA, if she still plays in dirty political games with Saudi and Pakistani rulers? Moral standing of America is compromised by her continuing unconditional support to Israel.

So it's not a big wonder why American foreign policy is failing at the moment.

by FarEasterner (avdavydov@yandex.ru) on Tue Nov 24th, 2009 at 03:39:47 AM EST
[ Parent ]
A shift to Bush-style bluntness may be coming.

...as if that would work any better. SPIEGEL Atlanticist Gabor Steingart should realise: the American Empire is coming to an end.

*Traitor*, n.
A benighted individual who perceives an illusory distinction between serving his nation and abetting the criminals who govern it.

by DoDo on Tue Nov 24th, 2009 at 05:08:57 AM EST
[ Parent ]
That is neocon wishful thinking from SPIEGEL.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Tue Nov 24th, 2009 at 05:49:03 AM EST
[ Parent ]
... the American Empire is coming to an end.
Unfortunately I fear this is DoDo wishful thinking; the American Empire will be replaced by the Chinese Empire, and God knows what THAT will feel like.

I love the smell of roast chicken in the morning!
by THE Twank (yatta blah blah @ blah.com) on Tue Nov 24th, 2009 at 10:55:46 AM EST
[ Parent ]
this is DoDo wishful thinking; the American Empire will be replaced by the Chinese Empire

If the American Empire is replaced by the Chinese Empire, the American Ampire is still over. no wishful thinking involved. (Personallly, I think the American Empire will be replaced by a multipolar world in which no country is powerful enough to dominate all others; but, due to the non-progressive nature of most if not all of the future major powers, that is no bright future either.)

*Traitor*, n.
A benighted individual who perceives an illusory distinction between serving his nation and abetting the criminals who govern it.

by DoDo on Tue Nov 24th, 2009 at 04:29:23 PM EST
[ Parent ]
If the American Empire is replaced by the Chinese Empire, the American Ampire is still over. no wishful thinking involved.

There is an alternative interpretation which is that the seat of The Empire will move from the US to China. Whereas it is at least possible to argue that the British Empire just moved itself to the US, I don't think it can be argued for China.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Tue Nov 24th, 2009 at 05:01:44 PM EST
[ Parent ]
There is an alternative interpretation which is that the seat of The Empire will move from the US to China.

That is not an alternative interpretation of my own words. I wrote the American Empire is coming to an end, not the Empire.

*Traitor*, n.
A benighted individual who perceives an illusory distinction between serving his nation and abetting the criminals who govern it.

by DoDo on Tue Nov 24th, 2009 at 05:09:53 PM EST
[ Parent ]
Is it the same or a different empire?

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Wed Nov 25th, 2009 at 02:31:27 AM EST
[ Parent ]
Will the same elite be at the helm and will the same core population benefit?

*Traitor*, n.
A benighted individual who perceives an illusory distinction between serving his nation and abetting the criminals who govern it.
by DoDo on Wed Nov 25th, 2009 at 04:10:09 AM EST
[ Parent ]
James Fallows over at the Atlantic has been going ballistic on the villagers, who Steingart is channeling.

Foreign correspondent disease exists in the States, too.

(I do wonder about marco's views)

by nanne (zwaerdenmaecker@gmail.com) on Tue Nov 24th, 2009 at 03:13:36 PM EST
[ Parent ]
by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:24:59 AM EST
EurActiv: China, India push for 'patent free' green tech
As world leaders prepare for climate talks in Copenhagen next month, developing nations have tabled a controversial proposal which would effectively end patent protection for clean technologies.

China and India have floated the idea of making new green technology subject to 'compulsory licensing', which critics say amounts to waiving intellectual property rights.

The idea of adapting or liberalising patent rules for crucial new inventions which can help reduce carbon emissions is not new, but the EU and US are unhappy with compulsory licensing, fearing it would dramatically reduce the incentive for businesses to innovate and stifle green job creation.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:43:07 AM EST
[ Parent ]
EUobserver: Sweden hits out at US ahead of climate summit
As the UN Copenhagen climate change summit next month threatens increasingly to be a flop, the Swedish prime minister has begun laying the blame for failure at Washington's doorstep.

In Saturday's (21 November) edition of centre-right Swedish daily Svenska Dagbladet, premier Frederick Reinfeldt defended his work on a global climate pact while at the helm of Europe and expressed his disappointment in the new American administration.

He described a "pronounced difficulty from several sides" but then went on to salute all major global blocs other than the US and Canada.

After bountifully praising the offers on the table from Australia, Japan, South Korea, Russia, China, Indonesia and Brazil and developing nations in general, Mr Reinfeld bluntly stated that the US position is "not enough."

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:48:21 AM EST
[ Parent ]
European Voice: UN presses EU on climate change
The UN's top climate official has called on the European Union to clarify its greenhouse-gas emissions-reduction targets and financial offer to help developing countries deal with climate change.

Speaking in Brussels, Yvo de Boer, the executive secretary of the United Nations Framework Convention on Climate Change, said that Europe needed to provide clarity on a pledge to cut emissions by 30% by 2020, a target that EU leaders have promised to adopt if they see similar commitments from other countries.

De Boer also singled out financial support to developing countries, describing clarity on finance as "a lynchpin of the Copenhagen agreement".

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:51:52 AM EST
[ Parent ]
SPIEGEL: Nobleman Wants to Build World's Largest Solar Park in Bavaria
Albert Prinz of Thurn and Taxis, the German billionaire known for his car racing exploits, wants to build the world's largest solar farm in Bavaria. The 115 million euro project could generate handsome earnings in green electricity sales for the family. First, though, they have to overcome local resistance.

One of Germany's wealthiest families, known from the 16th to the 18th century for delivering mail, is trying its hand at delivering something new: power.

The House of Thurn and Taxis, headed by 26-year old Albert Prinz of Thurn and Taxis, wants to build the world's largest solar energy park using farmland in the southern German state of Bavaria, according to the Financial Times Deutschland. The family plans to invest €115 million ($171 million) to build solar panels across 1.9 million square meters (20.5 million square feet) of land, equal to 280 soccer fields, in the town of Harthof near Straubing. The farm would provide up to 65 megawatts of peak power, making it the world's largest.

"Even in the Sahara, there are no areas with topography as capable as here," says Stefan Stehl, a representative for the family told the FT Deutschland.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 12:04:41 PM EST
[ Parent ]
SPIEGEL: McDonald's in Germany Ditches Red for Green
Many in Germany associate McDonald's with obesity and litter. But the company is now trying to change its image -- by changing its colors. The burger joint has swapped out red for green in an effort to demonstrate its commitment to the environment.

No matter what you think of McDonald's, the company's shrill colors are certainly not easily forgotten. A bright, mustard-colored M on a ketchup-hued background, the signs are almost blinding in their gaudiness.

In Germany, though, the company's colors are changing. While the iconic golden arches will keep their color, they will now be on a green background instead of the bright red one. The reason? McDonald's Germany wants to reposition the restaurant as a bastion of environmental friendliness. Ronald McDonald is becoming a tree hugger.


Next thing you know they'll start growing food for the cattle locally instead of importing genetically engineered soy from the Amazon...
by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 01:38:00 PM EST
[ Parent ]
cos nothing says you care for the environment more than eating a cardboard burger topped with indestructible cheese held in a sponge bun all wrapped up in a polystyrene container

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Mon Nov 23rd, 2009 at 04:33:54 PM EST
[ Parent ]
Guardian: Climate change sceptics and lobbyists put world at risk, says top adviser
Climate change sceptics and fossil fuel companies that have lobbied against action on greenhouse gas emissions have squandered the world's chance to avoid dangerous global warming, a key adviser to the government has said.

Professor Bob Watson, chief scientist at the Department for Environment and Rural Affairs, said a decade of inaction on climate change meant it was now virtually impossible to limit global temperature rise to 2C. He said the delay meant the world would now do well to stabilise warming between 3C and 4C.

His comments come ahead of key UN negotiations on a new global climate treaty in Copenhagen next month that the UK government insists should still aim for a 2C goal, despite doubts over whether a meaningful deal can be sealed.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 03:40:45 PM EST
[ Parent ]
Solar energy industry brings a ray of hope to the Rust Belt  LA Times

At a recent solar energy conference in Anaheim, economic development officials from Ohio talked up a state that seemed far removed from the solar panels and high-tech devices that dominated the convention floor. Ohio, long known for its smokestack auto plants and metal-bending factories, would be an ideal place for green technology companies to set up shop, they said. "People don't traditionally think of Ohio when they think of solar," said Lisa Patt-McDaniel, director of Ohio's economic development agency. But in fact, the Rust Belt goes well with the Green Belt, she said.

In years past, Sunbelt governors recruited Midwestern businesses to set up shop in their states, dangling tax breaks and the lure of a union-free workforce. Now the tables have turned as solar start-ups, wind turbine companies and electric carmakers from California and the Southwest migrate to the nation's industrial heartland. They're looking to tap its manufacturing might and legions of skilled workers, hit hard by the near-collapse of the United States auto industry and eager for work.

For all of green tech's futuristic sheen, solar power plants and wind farms are made of much of the same stuff as automobiles: machine-stamped steel, glass and gearboxes. That has renewable energy companies hitting the highway for Detroit and Northeastern industrial states, driven in part by the federal stimulus package's incentives and buy-American mandates.

Irvine's Fisker Automotive, for instance, will manufacture its next plug-in electric hybrid car at a defunct General Motors assembly plant in Wilmington, Del. And Stirling Energy Systems, which is building two massive solar power plants in Southern California, has signed deals with two automotive companies to make components for its giant solar dishes.


Why it was important to save the auto industry from total collapse.

If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Mon Nov 23rd, 2009 at 11:13:39 PM EST
[ Parent ]
Ark. farmers detail crop losses from flooding  Arkansas Democrat Gazette

AP Arkansas farmers say that a record amount of rainfall and flooding this year has put a strain on their crops and their infrastructure.

Farmers and farming advocacy groups on Monday detailed the problems that the year's weather have caused during a U.S. Senate Agriculture, Nutrition and Forestry hearing. The hearing, held at the Clinton presidential library and hosted by the University of Arkansas Clinton School of Public Service, was the first held in Arkansas since Sen. Blanche Lincoln took over as committee chairman earlier this year.

Lincoln has introduced legislation along with U.S. Sen. Thad Cochran, R-Miss., that would provide an estimated $1.3 billion in direct payment assistance to producers in counties declared primary disaster areas by the U.S. Department of Agriculture.



If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Mon Nov 23rd, 2009 at 11:42:10 PM EST
[ Parent ]
Melting icecaps to cause massive damage in port cities Geneva

(AFP) Flooding in the world's major port cities caused by melting icecaps could cause up to 28 trillion dollars (18 trillion euros) in damage in 2050, environmental group WWF said in a report Monday.

"If the temperature rises between 0.5 and 2 degrees (Celsius) between now and 2050, it's possible that the sea level would progress by half a metre (nearly two feet) bringing major financial damage," Ulrike Saul, in charge of climate and energy for WWF Switzerland, told AFP. Such a rise in the sea level would cause up to 28 trillion dollars in damage in the world's 136 biggest port cities, according to the study in which German insurance company Allianz took part.

Saul warned: "If the current climate protection policies do not change, it is more probable that we will register a rise of 2 degrees in 2050." The northeast coast of the United States could see a rise in sea levels 15 centimetres higher than the world average, the study said.



If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Tue Nov 24th, 2009 at 12:23:51 AM EST
[ Parent ]
Toxic farming - Le Figaro/Presseurop

A report on carbon dioxide, methane and nitrous oxide fluxes in the European Union shows that greenhouse gases produced by agriculture are in excess of ecosystem absorption capacity. Le Figaro highlights the inherent dangers of intensive agriculture.

With two weeks to run to the Copenhagen Summit on climate change (COP 15), which will be attended by 64 heads of state, a new report has presented detailed estimates of carbon fluxes in the European Union (Nature Geoscience, 22 November 2009). The figures included in the report are not limited to greenhouse gas emissions caused by industry, transport, and residential dwellings, but also cover exchanges of carbon between land, vegetation and the atmosphere, which, on land, mainly result from photosynthesis and respiration. These natural fluxes are important because forests, grasslands and peat bogs have the capacity--just as oceans do--to act as sinks for CO2 which accumulates in the atmosphere and contributes to global warming.

Whereas exchanges in most parts of the world result in the sequestration of a proportion of anthropogenic CO2, the report shows that in Europe, emissions of nitrous oxide (N2O) and methane (CH4)--two powerful greenhouse gases--produced by the cultivation of crops and the raising of livestock exceed the CO2 sink capacity of forests and grasslands in the region. Nitrous oxide is produced by the interaction of chemical fertilizers and bacteria, while methane is generated by the digestive systems and excrement of livestock. The prevalence of these gases has meant that the EU's terrestrial ecosystems now produce more CO2 than they are able to absorb. In fact, they add 3% of "carbon dioxide equivalent" to emissions caused by fossil fuels-- and there is hardly any improvement in this balance elsewhere on the continent in countries like Turkey, Ukraine and Belarus.

by Fran (fran at eurotrib dot com) on Tue Nov 24th, 2009 at 01:02:47 AM EST
[ Parent ]
by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:41:16 AM EST
Guardian: Car crash victim trapped in 'coma' for 23 years was conscious
For 23 years Rom Houben was trapped in his own body, unable to communicate with his doctors or family. They presumed he was in a vegetative state following a near-fatal car crash in 1983.

But then doctors used a state-of-the-art scanning system on the brain of the martial arts enthusiast, which showed it was functioning almost normally.

"I had dreamed myself away," said Houben, now 46, whose real "state" was discovered three years ago and has just been made public by the doctor who rescued him.

Steven Laureys, a neurologist at the University of Liège in Belgium, has published a scientific paper saying Houben could be one of many falsely diagnosed coma cases around the world.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 03:52:21 PM EST
[ Parent ]
Terrifying, like Johnny Got His Gun
He gradually realizes that he has lost his arms, legs, and face, but that his mind functions perfectly, leaving him a prisoner in his own body. He tries to die by suffocating himself but he has been given a tracheotomy, which he cannot remove or control. He successfully attempts to communicate with his doctors by banging his head on his pillow in Morse code. His wish is that he may be put in a glass box and tour the country, to show people the true horrors of war. His wish is never granted, however, and it is implied that he will live the rest of his natural life in this condition.


En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Mon Nov 23rd, 2009 at 03:58:12 PM EST
[ Parent ]
Laureys, who is head of the coma science group and neurology department at Liège University hospital, concluded coma patients are diagnosed falsely "on a disturbingly regular basis". In around 40% of cases diagnosed as vegetative, more careful examination shows there is still some level of consciousness. He examined 44 patients believed to be in a vegetative state, and found that 18 of them responded to communication.

"Once someone is labelled as being without consciousness, it is very hard to get rid of that," he told Spiegel magazine, calling for a systematic overhaul of the methods of diagnosis.

This man deserves a Nobel Prize in Medicine.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Mon Nov 23rd, 2009 at 04:02:05 PM EST
[ Parent ]
(mounting my own hobby-horse)

And why we need to real careful applying labels to phenomena.  It's too easy to move from:

working with phenomena + label

to:

working with label.

Once the latter becomes the predominate mode evidence not supporting the label gets overlooked or ignored.

By popular request ... Madness takes it's toll. Have exact change ready.

by ATinNM on Mon Nov 23rd, 2009 at 04:18:24 PM EST
[ Parent ]
or permanent total solitary confinement.

Houben's is an extreme case of locked-in syndrome, as described by late Elle magazine editor Jean-Dominique Bauby, who was completely paralyzed by a stroke except for his left eyelid, in his memoir  Le Scaphandre et le Papillon which was made into a film by Julian Schnabel:

Locked-in syndrome is a condition in which a patient is aware and awake, but cannot move or communicate due to complete paralysis of nearly all voluntary muscles in the body except for the eyes. Total locked-in syndrome is a version of locked-in syndrome where the eyes are paralyzed as well.[1] It is the result of a brain stem lesion in which the ventral part of the pons is damaged. The condition has been described as "the closest thing to being buried alive". In French, the common term is "maladie de l'emmuré vivant", literally translated as walled-in alive disease; in German it is sometimes called "Eingeschlossensein".[2]

Locked-in syndrome is also known as cerebromedullospinal disconnection,[3] de-efferented state, pseudocoma,[4] and ventral pontine syndrome.

Locked-in syndrome - Wikipedia, the free encyclopedia

I find Houben extraordinary for having maintained his sanity/self/identity, whatever the word for it is, for so long.  Effectively, was it not similar to eternal solitary confinement?  Interestingly, he says he did a lot of "meditation":

The Belgian former engineering student, who speaks four languages, said he coped with being effectively trapped in his own body by meditating. He told doctors he had "travelled with my thoughts into the past, or into another existence altogether". Sometimes, he said, "I was only my consciousness and nothing else".

The moment it was discovered he was not in a vegetative state, said Houben, was like being born again. "I'll never forget the day that they discovered me," he said. "It was my second birth".

<...>

Houben hopes to write a book detailing his trauma and his "rebirth".

I look forward to reading that book.

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

by marco (cowannar at gmail punkt com) on Tue Nov 24th, 2009 at 01:34:50 AM EST
[ Parent ]
Surviving in your own mind for twenty three years is an absolutely phenomenal feat.

I'll certainly be in the queue for that book.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Nov 24th, 2009 at 05:44:18 AM EST
[ Parent ]
I don't know. Seems most (all?) of humanity manage it for far longer periods.
by Colman (colman at eurotrib.com) on Tue Nov 24th, 2009 at 06:36:50 AM EST
[ Parent ]
Cross your chickpeas and dot your flies | Presseurop

In Germany, they're called "currant-crappers" and in Spain "chick-pea counters". This week, Tower of Babel takes issues with nitpickers of all nations.

A person who is overly fastidious - and has to broadcast it aloud to boot - is occasionally referred to in German as a Korinthenkacker - i.e. "currant crapper". No offence to the Greek townsfolk of Corinth, needless to say. That's where currants, tiny-type raisins, come from. Korinthenkacker are so punctilious even their droppings come in raisin-size portions.

The French denote such a fussy customer in similarly vulgar terms as an enculeur de mouches (fly-fucker), for whom currants give way to flies. No lesser luminary than the novelist Louis-Ferdinand Céline is said to have given this expression currency.

Never, in The Netherlands, call someone a Mierenneuker, suggesting he has intercourse with ants could be deemed a deadly insult, and trigger a fuming formic acid reaction.

by Fran (fran at eurotrib dot com) on Tue Nov 24th, 2009 at 01:03:45 AM EST
[ Parent ]
Is that the Finnish word for it again, Sven?

La Chine dorme. Laisse la dormir. Quand la Chine s'éveillera, le monde tremblera.
by marco (cowannar at gmail punkt com) on Tue Nov 24th, 2009 at 01:39:01 AM EST
[ Parent ]
Pilkunnussija

You can't be me, I'm taken
by Sven Triloqvist on Tue Nov 24th, 2009 at 02:44:08 AM EST
[ Parent ]
i.e. someone who has carnal knowledge of commas - in the polite version.

You can't be me, I'm taken
by Sven Triloqvist on Tue Nov 24th, 2009 at 05:05:01 AM EST
[ Parent ]
German has pea counter, too: Erbsenzähler (which is more widely used). In Hungarian, they prefer szőrszálhasogató = hair-splitter.

*Traitor*, n.
A benighted individual who perceives an illusory distinction between serving his nation and abetting the criminals who govern it.
by DoDo on Tue Nov 24th, 2009 at 04:56:23 AM EST
[ Parent ]
The Guardian: Police routinely arresting people to get DNA, inquiry claims

The review of the national DNA database by the government's human genetics commission also raises the possibility that the DNA profiles of three-quarters of young black males, aged 18 to 35, are now on the database.

The human genetics commission report, Nothing to hide, nothing to fear?, says the national DNA database for England and Wales is already the largest in the world, at 5 million profiles and growing, yet has no clear statutory basis or independent oversight.

The highly critical report from the government's advisory body on the development of human genetics is published as the number of innocent people on the database is disclosed to be far higher than previously thought ‑ nearing 1 million.



En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Tue Nov 24th, 2009 at 04:57:35 AM EST
[ Parent ]
Comment is Free: Will Murdoch's Bing gamble pay off? (Dan Kennedy)
Following several weeks of speculation, we are beginning to learn what Murdoch might actually be up to, according to a report in the Financial Times. No, it's not about pay walls. He may not have given up on the idea, but presumably he'll come to see that it's a loser's game. Rather, Murdoch - and possibly other media players - are cosying up to Microsoft, whose newish search engine, Bing, has quickly established itself as Google's main competitor.

The idea is that Microsoft may be willing to do what Google, so far, has resisted: pay news organisations for the privilege of featuring their content on its site.

There is no advertising on the home page of Google News, the Googletron's automated aggregation site. But if you search Google News, contextual ads will pop up. Search for news about Indonesia, for instance, and you'll be shown ads for Indonesian vacation services and hotels. Google keeps that money to itself, arguing that it's driving considerable traffic to the news sites to which it links, and that it's up to those sites to monetise that traffic.



En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Tue Nov 24th, 2009 at 09:09:49 AM EST
[ Parent ]
by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 11:41:42 AM EST
Bloomberg: Woman Who Sank Galleon Was Beauty-Queen-Turned-Analyst Insider
Danielle Chiesi spent a lot of time in hotel ballrooms and bars during the past decade.

As an analyst at New Castle Funds LLC, a New York hedge fund firm that manages about $1 billion, she was a regular at conferences on technology stocks, where she could get face time with executives and press them on how many microprocessors and how much software they were shipping that quarter.

Chiesi wore short skirts and low-cut tops, according to people who saw her over the years. One ploy was to go barhopping with a group, and then peel someone off to talk to on the dance floor, says a person who attended conferences with her.

by nanne (zwaerdenmaecker@gmail.com) on Mon Nov 23rd, 2009 at 01:45:06 PM EST
[ Parent ]
Matti Hara plies her trade in the commercial sector?

If sanity be culturally normative, then by the norms of this culture I claim insanity.
by ARGeezer (ARGeezer at eurotrib.com) on Mon Nov 23rd, 2009 at 11:19:17 PM EST
[ Parent ]
Edgar Mueller creates record-breaking pavement art - Telegraph
Edgar Mueller, the street artist, has broken a new Guinness World Record after creating the world's biggest 3D pavement art featuring characters from the movie Ice Age.

He beat his own world record by covering an area of 330 square metres with a wintry scene to coincide with the DVD launch of Ice Age 3: Dawn of the Dinosaurs.

Taking six days to create, the pavement art, at Westfield London, features characters Manny, Buck, Sid, Diego, Scrat and Scratte edging over an icy crevasse.

by Fran (fran at eurotrib dot com) on Tue Nov 24th, 2009 at 12:55:02 AM EST
[ Parent ]
Say cheese, Monsieur Sarkozy! You're on The Simpsons | Television & radio | guardian.co.uk
President Sarkozy and Carla Bruni appear in unauthorised episode of US show that coined 'surrender monkey' phrase

First it coined the insult "cheese-eating surrender monkeys" to describe the French. Now America's cult television series The Simpsons has taken a satirical shot at France's president, Nicolas Sarkozy, and his wife, the supermodel turned singer Carla Bruni.

An unauthorised cartoon parody of the couple, screened in the US more than a week ago, has become a surprise hit as tens of thousands of French web users viewed pirated clips of the episode.

The caricature contains the usual cliches Americans - and Britons - attribute to the French, portraying Bruni as a beautiful, cigarette-puffing, man-eating woman who quaffs red wine and has a husband who loves smelly cheese.

by Fran (fran at eurotrib dot com) on Tue Nov 24th, 2009 at 01:10:02 AM EST
[ Parent ]


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