European Salon de News, Discussion et Klatsch - 14 January

by Fran
Wed Jan 13th, 2010 at 04:28:23 PM EST

 A Daily Review Of International Online Media 


Europeans on this date in history:

1904 – Birth of Sir Cecil Beaton, an English fashion and portrait photographer and an Academy Award-winning stage and costume designer for films and the theatre. (d. 1980)

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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 Jan 13th, 2010 at 10:01:35 AM EST
Amnesty International: CZECH REPUBLIC MUST ELIMINATE SECOND-RATE EDUCATION FOR ROMA
The Czech authorities are continuing to place Romani children in schools for pupils with "mild mental disabilities", leaving them with a sub-standard education, Amnesty International said in a report published on Wednesday.

...

Amnesty International's report, Injustice renamed: Discrimination in education of Roma persists in the Czech Republic, examines the systematic discrimination that still exists in the Czech education system, despite a 2007 judgment by the European Court of Human Rights.

...

With a new Schools Act in 2005, the Czech authorities merely renamed "special schools" as "practical elementary schools", but the system which places children in these schools and teaches a limited curriculum, essentially remains the same.



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 Jan 13th, 2010 at 03:35:51 PM EST
[ Parent ]
Does anyone know if this reluctance to do anything is a product of Klaus being an ass or is this a deeper problem within Czech society ? It seems massively pointless to me.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Jan 14th, 2010 at 03:40:47 AM EST
[ Parent ]
Klaus is a figurehead president - this is not his purview.

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 Thu Jan 14th, 2010 at 03:55:11 AM EST
[ Parent ]
Monsters and Critics: Storm clouds gather over new European Commission
After the hearing, representatives of the main political groups agreed to ask the commission - the EU's executive - and their own legal service for confirmation that Jeleva's declaration was in line with EU transparency rules, effectively freezing her application.

...

[Martin Schulz's request that Bulgaria withdraw Jeleva] provoked a bitter response from conservative politicians, who described the dispute as a liberal and left-wing 'witch-hunt' and launched their own attacks on liberal and socialist candidates.

...

Szajer said that his party was seriously worried by anti-Roma remarks allegedly made by the centre-left Slovak candidate for the post of commission vice-president, Maros Sefcovic, in 2005.



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 Jan 13th, 2010 at 03:47:34 PM EST
[ Parent ]
BBC: MEP doubts over Commission nominee Rumiana Jeleva
A Bulgarian liberal MEP, Antonyia Parvanova, disputed Ms Jeleva's declaration that she had ended her involvement with the Bulgarian firm Global Consult in 2007.

Ms Parvanova claims she was still managing the company until 2009.

Any undeclared financial interest would put Ms Jeleva in breach of European Union rules.



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 Jan 13th, 2010 at 03:49:00 PM EST
[ Parent ]
NYTimes: Nominee to E.U. Aid Post Gets a Grilling
She denied several times that an official statement outlining her career was incomplete for the years 2007 to 2009.

A political opponent at home in Bulgaria, Antonyia Parvanova, said at the hearing that the information that E.U. lawmakers had heard from Ms. Jeleva was "not the truth."

Ms. Jeleva rejected the assertion, saying that all of her documentation "can be checked and will be found to be in compliance with Bulgarian law."



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 Jan 13th, 2010 at 03:54:29 PM EST
[ Parent ]
What's with the 'storm clouds gather' title? How about:


European Parliament exercises its role as democratic watchdog


In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Thu Jan 14th, 2010 at 09:13:49 AM EST
[ Parent ]
Because European => Not Democratic, silly.
by Colman (colman at eurotrib.com) on Thu Jan 14th, 2010 at 09:16:37 AM EST
[ Parent ]
Al Jazeera: Turkey accepts Israel's apology

Turkey has accepted an official apology from Israel over the treatment of its ambassador, with the Israeli prime minister expressing the hope it would end the latest row between the two countries.

Danny Ayalon, Israel's deputy foreign minister, embarrassed Oguz Celikkol, the Turkish envoy, on Monday, making him sit on a low couch and removing the Turkish flag from the table in a meeting called to convey Israeli protests over a Turkish television series.

by Sassafras on Wed Jan 13th, 2010 at 03:56:54 PM EST
[ Parent ]
SPanish EU Presidency: European ministers discuss how to drive forward a Europe of rights and liberties that serves its citizens
The ministers for Europe of the 27 member states are meeting today and tomorrow in La Granja (Segovia) to deal with issues that the Spanish government believes need to be progressed by leading European politicians if citizens' expectations created by the Treaty of Lisbon, which came into force on December 1 last year after a long negotiation process, are to be met.

The full application of the new Treaty is one of the Spanish Presidency's main responsibilities. European citizens need to feel that the EU has entered a new era as soon as possible. The first ministerial meeting being held under the Spanish Presidency will therefore tackle this issue.

During Wednesday's meetings, the ministers will deal with four issues in particular, which have been newly introduced by the Treaty of Lisbon.



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 Jan 13th, 2010 at 04:06:29 PM EST
[ Parent ]
Di-ve: Cross-border care could be Dalli's first issue
Spain wants to start working on a new Community directive on cross-border medical assistance, after the initial proposal from the European Commission was blocked last December, according to the Spanish Minister of Health, Trinidad Jiménez.

Nevertheless, until the new European Health Commissioner - which should be Malta's nominee John Dalli - starts to act "and comments on the matter", the Spanish Presidency "cannot make progress on this issue either", she pointed out.

Spain wants the alternative proposal to improve the rights of Community nationals without being overly costly to the public health system.



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 Jan 13th, 2010 at 04:08:22 PM EST
[ Parent ]
UPI.com: Incoming EU enlargement chief backs Turkey
The Czech Republic's Stefan Fuele, the incoming enlargement chief, told European lawmakers in Brussels that Turkey could become a full EU member during his tenure.

He told a committee vetting his candidacy that he "respects the achievements" Turkey has made, saying Ankara is an important regional partner with a special role to play in the European energy sector.

...

Turkey embarked on its accession negotiations with the European Union in 2005. Ankara has moved on a series of concessions meant to meet the policy requirements to join Europe. It faces obstacles, however, on various provisions over the island of Cyprus.



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 Jan 13th, 2010 at 04:09:47 PM EST
[ Parent ]
Monsters and Critics: Communist past not an issue for Enlargement commissioner
The Czech Republic's candidate for the European Commission successfully completed his hearing in front of the European Parliament in Brussels on Tuesday, despite fears that his communist past might lead some deputies to question his appointment.

Stefan Fuele was nominated as Enlargement and Neighbourhood policy commissioner. He was only 27 when the Berlin Wall came down in 1989, but between 1981 and 1986 he trained in the Soviet Union at Moscow's State Institute of International Relations, and he was an active member of the Czechoslovakian communist party.

Fuele, now a socialist, told members of parliament (MEP) that his personal history is 'a result of the time and place I grew up in.' But he added that his 'record in the last 20 years,' which he spent as a diplomat at the UN, in Lithuania, the Britain and NATO representing Czechoslovakia first and then the Czech Republic, 'is clear.'



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 Jan 13th, 2010 at 04:11:05 PM EST
[ Parent ]
Vision.org: EU enlargement chief presses Turkey over Cyprus
Stefan Fuele, who has been nominated as the EU's enlargement chief, said the door was open to Turkey despite opposition in some member states and that accession talks were the best way to encourage economic and political reforms.

But he made clear the chances of progress by Turkey were limited if it failed to open its ports and airports to EU-member Cyprus under a 2005 agreement known as the Ankara protocol.

...

The EU is also frustrated, mainly by the lack of progress in Turkey's relations with Cyprus, although Fuele said he also had concerns about religious freedoms in Turkey.



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 Jan 13th, 2010 at 04:12:53 PM EST
[ Parent ]
I thought most of the problems of Cyprus were now related to the relations between the northern and southern cypriots

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Jan 14th, 2010 at 04:14:34 AM EST
[ Parent ]
European Commission: State Aid: Commission approves Danish Terror Insurance Scheme
The European Commission has authorised, under EU State aid rules, a measure adopted by Denmark which provides a state guarantee on non-life insurance against damages stemming from nuclear, biological, chemical or radioactive (NBCR) terrorist attacks that exceed a certain threshold. The Commission found that the measure was an appropriate means of ensuring that insurance coverage against NBCR risks would be available in Denmark and approved the measure under Article 107 3 (c) of the Treaty on the Functioning of the European Union (TFEU), that allows under certain conditions aid for the development of certain economic activities. In particular, the measure is designed to be self-funding and concerns insurance cover that is currently insufficiently available on the private market.

Competition Commissioner Neelie Kroes said: "Today's decision shows that the Commission and Member States can work together on important public policy goals. The decision will ensure that insurance coverage against certain terrorist risks is available on the Danish market, while at the same time ensuring that state aid and Single Market rules are respected."

Denmark considers it an important public policy goal that Danish citizens and enterprises have access to insurance against NBCR risks. However, the global reinsurance market for low probability but high impact events such as a NBCR attack is underdeveloped and as a result there is insufficient reinsurance capacity for Danish insurers that wish to provide this cover in Denmark.



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 Jan 13th, 2010 at 04:14:48 PM EST
[ Parent ]
Bloomberg: Body Scanners at Airports Opposed by New European Justice Chief
Viviane Reding said the use in the EU of body-scanning equipment made by such companies as the U.K.'s Smiths Group Plc and New York-based L-3 Communications Holdings Inc. should be voluntary.

"Our needs for security can't justify every violation of privacy," Reding told a European Parliament confirmation hearing today in Brussels. "Citizens aren't objects; they are human beings." She also mentioned possible health threats from the technology.

The comments highlight the obstacles to forging a common approach in the 27-nation EU on the use of body scanners after the failed terrorist attack on a Northwest Airlines flight to Detroit from Amsterdam on Christmas Day. The U.K. has conducted trials of such equipment and France said last week that it would start testing the technology.



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 Jan 13th, 2010 at 04:17:31 PM EST
[ Parent ]
Heresy Corner: Sir Ian Blair defends the indefensible

Remember Sir Ian Blair, the laughable policeman, the man who did for public confidence in the police what his namesake did for the trustworthiness of politicians? He's not happy with the European Court of Human Rights' ruling against the "stop and search" powers exercised with such gay abandon by his officers:


I find it difficult to reconcile the decision of the European court of human rights that police powers under section 44 of the Terrorism Act 2000 are unlawful with the rather common sense matter of the wider duty of governments to protect their citizens from atrocity.


Let me help. Protecting citizens from atrocity and demanding that Austrian tourists hand over their holiday snaps because some plod wants to preserve the modesty of a bus shelter are two entirely different things. Unfortunately, the law is so broadly worded - in particular, the provision that a police officer (or pseudo-officer) doesn't need to have any grounds for believing that the person searched has about their person anything of use for "terrorist purpose" - that it is wide open to abuse. And your officers (and pseudo-officers) have repeatedly abused it. That has to cast some doubt on the wisdom of there being such a wide-ranging law in the first place.


If you're not part of the solution, you're part of the precipitate.
by ceebs (ceebs (at) eurotrib (dot) com) on Wed Jan 13th, 2010 at 08:02:15 PM EST
[ Parent ]
If only our newpapers could be so robust in their rebuttal.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Jan 14th, 2010 at 04:17:25 AM EST
[ Parent ]
BBC: Four Eta suspects arrested in Portugal and France (January 10)
Police found explosives and weapons in a van as they arrested two of the suspects near Portugal's border with Spain, Spain's interior minister said.

The other two were picked up in central France. They were caught with weapons, false number plates and fake documents, officials said.

...

Spanish Interior Minister Alfredo Perez Rubalcaba said the operation that culminated in the arrests near Clermont-Ferrand in France had been started by French authorities several months ago, triggered by a concentration of vehicle thefts attributed to Eta.

Today the minister said he is taking the evidence around the arrests in Portugal as meaning that ETA intends to set up a logistical base in Portugal as an alternative to France, where they are "increasingly harassed".

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 Thu Jan 14th, 2010 at 04:42:33 AM EST
[ Parent ]
 ECONOMY & FINANCE 


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 Jan 13th, 2010 at 10:02:23 AM EST
ECB: ECB Warns Greek Draft Law May Harm Market Liquidity
The prospect that Greece's fiscal crisis could force it to default on its sovereign debt has prompted speculation that it may eventually be pressured to depart the 16-member euro zone. In an effort to end such talk, Mr. Papandreou said in a nationally televised appearance that the country was committed to the common currency.

His comments came as the ECB warned Greece that a proposed law to restructure private-sector debt could do more harm than good, saying bluntly that key parts of the law were "not consistent with the principle of an open market economy" and might squeeze off the flow of credit.

...

The proposed law, which would ease debt repayments by households and small businesses affected by the financial crisis, was one of the key campaign promises of Greece's recently-elected Socialist government.



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 Jan 13th, 2010 at 03:25:47 PM EST
[ Parent ]
Reuters: Greek PM says won't seek IMF aid, poor not to suffer
"There is no case of Greece leaving the euro zone or resorting to other kind of help, such as the IMF," Papandreou told a news conference to mark the socialist government's first 100 days in office.

Papandreou said Greece wanted to establish a sense of trust and certainty among its creditors, and Greeks were not just ready but avid for change and for things to move forward.

...

"It would not be a courageous measure to make the poor and wage-earners pay -- this is not our policy," he said.



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 Jan 13th, 2010 at 03:37:28 PM EST
[ Parent ]
Reuters: EU exec likely to sue Greece over statistics mess (12 January)
The Commission, the European Union's executive arm, is responsible for upholding EU law. It had already once launched proceedings against Greece for unreliable deficit statistics in 2004, but closed them in 2007.

"There will probably be another infringement procedure... because providing timely and reliable statistics is an obligation under EU law and they have failed in their obligation," the EU source said.

Greece revised its 2008 budget deficit to 7.7 percent of gross domestic product from 5.0 percent reported in April and also revised its 2009 budget deficit forecast to more than 12 percent of GDP from 3.7 percent forecast in April.



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 Jan 13th, 2010 at 03:40:38 PM EST
[ Parent ]
Reuters: Possible Greek deficit revision not necessarily up-EU
"The fact that Eurostat has not validated those figures does not necessarily imply that the final figures will be higher. It simply means that Eurostat at this stage is not capable of validating the figures," Commission spokeswoman Amelia Torres said.



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 Jan 13th, 2010 at 03:41:53 PM EST
[ Parent ]
Deutsche Welle: German economy records biggest slump in post-war history

The Federal Statistics Office announced on Wednesday that Germany's largely export-driven economy recorded its biggest-ever decline since World War II last year. The country also breached the EU's deficit limit.

The extent of the damage felt in Germany by the global financial crisis was revealed on Wednesday with the release of new economic figures by the Federal Statistics Office.

"As an export-dependent nation, Germany was particularly affected by the financial crisis," commented Federal Statistics Office President Roderich Egeler. "With a GDP drop of five percent, the country is relatively far behind other nations."

Germany's gross domestic product (GDP) shrank by five percent in 2009, with a particularly heavy slump in the first half of the year. But the statistics show that the GDP stabilized in the second half of 2009.

by Sassafras on Wed Jan 13th, 2010 at 03:53:58 PM EST
[ Parent ]
[Europe.Is.Doomed™ Alert]

NYTimes: Mixed Signals Complicate European Bank's Task

With signals about European growth mixed and some weaker members of the European Union still in debt crisis, the European Central Bank is in a tough position as it seeks to pull back on measures that helped the euro zone through the recession.

The bank's governing council will hold a regular meeting on Thursday in Frankfurt, its first of the year. Analysts do not expect it to announce any policy changes, but they will listen closely for any shift in how the central bankers seem to assess the economy and when they may raise interest rates.

Recent indicators and corporate financial reports show that Europe is recovering slowly and unevenly. The British retailer Tesco said on Tuesday that sales during the six-week holiday period through Jan. 9 were up 6.9 percent from a year ago, without adjusting for currency fluctuations. The German retailer Metro said its sales dipped 3.6 percent in 2009. Over all, retail sales in the euro zone fell 1.2 percent in November from October, according to European Commission figures released last week.



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 Jan 13th, 2010 at 03:59:53 PM EST
[ Parent ]
TYpically Spanish: Black economy in Spain now represents upto 20 percent of G.D.P.

The Minister for Employment, Celestino Corbacho, said on Wednesday that he considered `submerged activities' made up between 16% and 20% of G.D.P. and admitted that the number usually increased in times of recession.

Presenting the numbers for 2009 in the fight against fraud in the labour market, he said that there had been a 30% increase in the number of work inspections over the year, and that this had resulted in fines worth 960 million € being issued, 12.4% more than in 2008. In addition the inspections led to an extra 48,742 people registering to start contributing into the Spanish social security system.

by Sassafras on Wed Jan 13th, 2010 at 04:01:04 PM EST
[ Parent ]
WSJ.com: Seizures of Counterfeit Euros Rise
The number of counterfeit euro bank notes withdrawn from circulation rose 8% during the last six months of 2009, with the €20 bill the most widely forged, the European Central Bank said Monday.

...

The increase in counterfeits recovered in the second half wasn't as sharp as in the previous six months, when there was a 17% jump. The total number of counterfeit notes recovered in 2009 was 860,000 -- up from 666,000 the previous year.

The forger's favorite euro bill remains the €20 note, which accounted for 47% of the forgeries, the ECB said. It was followed by the €50 note, which accounted for 39%.



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 Jan 13th, 2010 at 04:01:58 PM EST
[ Parent ]
Reuters: EU's Barnier says will mull short-selling curbs
The European Union's designated financial services chief has pledged to examine curbs on short-selling and extend a planned regulatory shake-up to every corner of the industry, blamed by many for the economic crisis.

Outlining his plans to push through a welter of rules that will tighten the policing of banks as well as curbing runaway borrowing, Michel Barnier said: "We need to turn the page on an era of irresponsibility."

"We are going to reform. No market, no financial player ... should be able to escape. I will not shy away from the difficult subjects of sanctions and short-selling."



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 Jan 13th, 2010 at 04:03:26 PM EST
[ Parent ]
Making it illegal to sell what you don't have and haven't borrowed might be a start.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer at eurotrib.com) on Wed Jan 13th, 2010 at 08:14:29 PM EST
[ Parent ]
I thought that was already illegal.

How about enforcing the rules, for a change?

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 Thu Jan 14th, 2010 at 03:06:21 AM EST
[ Parent ]
I could be wrong, but I thought that the ban on naked shorting was only intermittently enforced and that it was, at most, a violation of SEC regulations. I do recall complaints on Zero Hedge that there seemed to be an orchestrated short squeeze which had been aided by the fact that many of the pension funds have, with good reason, begun to wonder about the security of shares they had leased out to short sellers and had begun to recall those shares. Discouragement of short selling, by whatever means, would certainly be helpful to driving up equity asset prices, especially with the low volumes that have characterized this rally since March '09.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer at eurotrib.com) on Thu Jan 14th, 2010 at 11:41:06 AM EST
[ Parent ]
Discouragement of short selling, by whatever means, would certainly be helpful to driving up equity asset prices

And driving up equity asset prices should be a policy goal?

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 Thu Jan 14th, 2010 at 11:54:38 AM EST
[ Parent ]
It appears to be. Dow up = Allswell in their perception of the popular mind. Geithner, Summers and much of Wall Street seem to think if they can levitate the Dow and S&P 500 sufficiently they will lure back the small investors. As that happens, the big boys will start pulling out their money and almost certainly again find ways to short the market just before the next giant puke.

The problem they are having is that the small investor has undergone a change of psychology to fear from greed and are mostly sitting out this bogus rally. Without someone to buy up their hyped and levitated shares they just keep on keeping on---until they can't. But it will probably at least be highly impractical for small investors to short the market so as to profit on the puke. That is for the big boys.

At any rate that is my sense of things. Giethner, Bernanke and Obama are now the chief shills for Wall Street.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer at eurotrib.com) on Thu Jan 14th, 2010 at 03:39:53 PM EST
[ Parent ]
OK rabid "I'm a proud Democrat" Democrats.  How are you feeling about your boy person in the WH?  Still ga-ga?

I love the smell of roast chicken in the morning!
by THE Twank (yatta blah blah @ blah.com) on Thu Jan 14th, 2010 at 04:05:10 PM EST
[ Parent ]
They have a different sense of things. Go read The Booman Tribune.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer at eurotrib.com) on Thu Jan 14th, 2010 at 09:30:18 PM EST
[ Parent ]
China Doom: Chinese banking regulators have directed the nation's lenders to halt the practice of providing commissions to real estate agents for introducing mortgage customers, representing the latest effort to by central planners to rein in the surging property market, according to reports.

Diversity is the key to economic and political evolution.
by Cat on Wed Jan 13th, 2010 at 07:21:33 PM EST
[ Parent ]
SEC: In May [2009], the SEC approved a request by AIG to keep secret an exhibit to a year-old regulatory filing that includes some of the details on the most controversial aspect of the AIG bailout: the funneling of tens of billions of dollars to big banks like Societe Generale, Goldman Sachs (GS.N), Deutsche Bank (DBKGn.DE) and Merrill Lynch.

Diversity is the key to economic and political evolution.
by Cat on Wed Jan 13th, 2010 at 07:32:35 PM EST
[ Parent ]
a request by AIG to keep secret an exhibit to a year-old regulatory filing that includes some of the details on the most controversial aspect of the AIG bailout

Said request reported to have originated from The New York Fed under Geithner, who, according to Fed staff, was not informed of the request. (Per Salon post on Jan 10.) Congressman Ed Townes has issued a subpoena to the NY Fed in this regard.
 

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer at eurotrib.com) on Wed Jan 13th, 2010 at 08:37:33 PM EST
[ Parent ]
At the end of the day --a phrase to nominate to the Banned Words List-- Shapiro is Obama's appointment and PWG designee; the administration sanctioned this FOIA embargo, making the current finance hearings and Rep. A. Townes' FRB subpoena a farce of epic proportions.

You will recall the series of Congressional committee subpoenas issued prior and perhaps conclude, regardless of president the order is unenforceable. I would be amazed if the House sued the SEC -- although I could readily, inevitably imagine SCOTUS deciding standing.

The situation is fucked up. The people must act accordingly. To my mind, how we act --long-, medium-, or short-term, coordinated or anarchical-- isn't important so long as we do. Run the motherfuckin train off the track.

Any way is ultimately determinative. I trust my neighbors before a golum fuck.

Good or bad I can live with. Sleeze, not so much.

Diversity is the key to economic and political evolution.

by Cat on Thu Jan 14th, 2010 at 01:57:45 AM EST
[ Parent ]
The sooner this sucker is crashed the better. I would hope that something stronger than the impersonal imperfect would be warranted, such as: The sooner WE crash this sucker the better, but I fear it won't be. But Ron Paul is my new friend.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer at eurotrib.com) on Thu Jan 14th, 2010 at 11:29:57 AM EST
[ Parent ]
Fine. Experimentation is a good thing. I'd like to see turnover in both chambers at federal level every single election from now until the day I die. I've been doing my part since 2006. So I say, try, try, try 'til we get it right.

Diversity is the key to economic and political evolution.
by Cat on Fri Jan 15th, 2010 at 10:49:49 AM EST
[ Parent ]
C-SPAN: The Financial Inquiry Commission, panel I, II, 3 mind-numbing hrs ea.

Diversity is the key to economic and political evolution.
by Cat on Wed Jan 13th, 2010 at 07:41:35 PM EST
[ Parent ]
 WORLD 


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 Jan 13th, 2010 at 10:03:45 AM EST
BBC: Haiti earthquake: devastation emerges

Haitian President Rene Preval has said thousands of people are feared dead following a huge quake which has devastated the country's capital.

UN chief Ban Ki-moon said the head of the UN mission in Haiti and his deputy were among more than 100 staff missing.

The 7.0-magnitude quake, Haiti's worst in two centuries, struck south of Port-au-Prince, on Tuesday.

The Red Cross says up to three million people are affected.

by Sassafras on Wed Jan 13th, 2010 at 12:28:24 PM EST
[ Parent ]
BBC: International aid efforts for Haiti under way
US President Barack Obama has pledged to give the people of Haiti the country's "full support" and to mount a "swift, co-ordinated and aggressive" effort there, co-ordinated by the country's international development agency

...

Several international aid agencies have offices and staff in Haiti, usually working on long-term aid and reconstruction.

As news of the quake emerged, these organisations began to mobilise their emergency response teams.

...

UN Secretary-General Ban Ki-moon said $10m would be released immediately from the world body's central emergency response fund to assist aid efforts. He said an emergency appeal for additional funds from member states would follow.

Unless there is double-counting going on, the EU is contributing at least 9.5 million euros. Meanwhile, Fox News headlines U.S. Spearheads Global Response to Haiti Earthquake.

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 Jan 13th, 2010 at 04:27:44 PM EST
[ Parent ]
NYTimes: Europe, Mideast Protest Tighter Airline Security
Officials in the Middle East and Europe questioned tighter U.S. airline security measures Tuesday, saying increased body scanning and inspections of Arab passengers would be discriminatory and overly intrusive.

After the alleged Christmas Day attempt by a Nigerian man to blow up a Detroit-bound jetliner, the Obama administration said it would require more full-body pat-downs, searches of carryon bags, full-body scanning and explosive-detection technology at U.S. airports.

The European Union has said it may require member nations to put in more full-body scanning machines in order to conform with American security measures and ease passengers' trips from Europe to the U.S.



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 Jan 13th, 2010 at 04:18:47 PM EST
[ Parent ]
AllAfrica.com: Uganda: Museveni Warns NRM on Homosexuality Bill

Kampala -- PRESIDENT Yoweri Museveni has cautioned those advocating for the Anti-Homosexuality Bill to "go slow", saying the matter was a sensitive foreign policy issue.

Museveni said he had been questioned about the bill by several foreign leaders, including the Canadian prime minister, British Prime Minister Gordon Brown and US Secretary of State Hillary Clinton. He said Clinton called him for over 45 minutes over the issue.

"I told them that this bill was brought up by a private member and I have not even had time to discuss it with him. It is neither the Government nor the NRM party. It is a private member," Museveni told the NRM meeting at State House Entebbe.

by Sassafras on Wed Jan 13th, 2010 at 04:20:58 PM EST
[ Parent ]
How many politicians have told an interviewer that they don't shoot children? Here's Harold Ford in the New York Times
Q. Guns. Let's talk about this issue.

A: I never got an A rating, like my opponent -- would-be opponent -- has enjoyed. I don't own them. I do shoot them, and I shoot them at things that can't shoot back. And will continue to do that. And by that, I want to be clear, I don't mean children. I have done a little bird hunting in my day.

by gk (g k quattro due due sette "at" gmail.com) on Thu Jan 14th, 2010 at 03:37:44 AM EST
[ Parent ]
 LIVING OFF THE PLANET 
 Environment, Energy, Agriculture, Food 


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 Jan 13th, 2010 at 10:04:39 AM EST
Guardian: China, India, Brazil and South Africa prepare for post-Copenhagen meeting

One month after the Copenhagen climate summit ended in recriminations and and a weak outline of a global deal, key groups of developing countries will meet to try to explore ways to get to agree a legally binding final agreement.

As the dust settles on the stormy Danish meeting, environment ministers from the so-called Basic countries - Brazil, South Africa, India and China - will meet on January 24 in New Delhi. No formal agenda has been set, but observers expect the emerging geopolitical alliance between the four large developing countries who brokered the final "deal" with the US in Denmark will define a common position on emission reductions and climate aid money, and seek ways to convince other countries to sign up to the Copenhagen accord that emerged last month.

by Sassafras on Wed Jan 13th, 2010 at 04:06:47 PM EST
[ Parent ]
WSJ.com: EU Firm On Emissions Cut -Spanish Environment Minister
Espinosa told Dow Jones Newswires in an interview that it would be "practically impossible to reverse course" on the EU's target to cut emissions by 20% and boost the participation of renewable power in Europe's energy production to 20% by 2020, as those were targets set by a council of EU ministers.

...

Espinosa also said the EU will stick to its promise to provide EUR7.2 billion to aid developing nations in their efforts to fight climate change.

...

Espinosa said global climate negotiations should remain the responsibility of the U.N.



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 Jan 13th, 2010 at 04:20:37 PM EST
[ Parent ]
Al Jazeera: Venezuela imposes energy rationing

Venezuela's government has imposed rolling blackouts of up to four hours every other day throughout the country to help combat an energy crisis.

Hugo Chavez, the president, has said rationing is necessary to prevent water levels in the country's main dam from falling to critical lows and causing a widespread power collapse.

The blackouts will begin on Wednesday in the capital, Caracas.

by Sassafras on Wed Jan 13th, 2010 at 04:23:11 PM EST
[ Parent ]
Guardian: Russia comes to the rescue as Norwegian gas supplies to Britain falter

Russia rescued British energy consumers by ensuring a steady flow of gas into the power network as supplies from Norway faltered during the cold weather, industry customers users said today.

As the National Grid warned of a "high" possibility of shortages in the north-east and south-west owing to another cold snap, the Major Energy Users' Council said Britain had been lucky to survive without shortages. Eddie Proffitt, chairman of the council's gas group, said: "The [British] gas industry has coped very well but we have been lucky. It would have been desperate if we had seen the kind of disputes between Russia and Ukraine that have reduced gas flows on the continent in the past two or three Januaries."

by Sassafras on Wed Jan 13th, 2010 at 04:29:19 PM EST
[ Parent ]
So was everything o.k. in the U.K.? I thought Russian gas burned pink.  UNTRUE??!!!

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer at eurotrib.com) on Wed Jan 13th, 2010 at 08:40:44 PM EST
[ Parent ]

This winter has shown the system we have devised does not have the resilience it should have. It runs on a 'just-in-time' principle which has economic benefits when it works but risks ending up in a 'just-too-late' if all goes wrong," said John Hemming, MP for Birmingham Yardley.

"If the Russians had hit the kind of problems with its neighbours seen in previous years then we would have toppled off the knife edge we have been sitting on with our gas supplies."

The disruptions to supplies from Norway - normally seen as highly reliable - left Britain importing gas through the interconnector pipeline which runs from Zeebrugge in Belgium to Bacton in north Norfolk. In previous years shortages from Siberia have led German and Dutch suppliers to halt gas exports to Britain.

Russia's lack of usual evilness saved Britain! LOL!

Except that it's never been shortages in Russian deliveires that led to reduced supplies to the UK, just higher local demand and priority given to local clients under existing contracts at times of normal Russian deliveries...

Way to rewrite history.


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

by Jerome a Paris (etg@eurotrib.com) on Thu Jan 14th, 2010 at 09:33:24 AM EST
[ Parent ]
This winter has shown the system we have devised does not have the resilience it should have. It runs on a 'just-in-time' principle which has economic benefits when it works but risks ending up in a 'just-too-late' if all goes wrong," said John Hemming, MP for Birmingham Yardley.

Now these people discover that efficiency harms resiliency?

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 Thu Jan 14th, 2010 at 09:43:26 AM EST
[ Parent ]
But requiring actual resiliency would reduce profitability. That would be UN-REFORM. Better would be to charge customers a "resiliency fee", which you could just pocket. When things go bad just ask "Who could have known?"  

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer at eurotrib.com) on Thu Jan 14th, 2010 at 11:23:03 AM EST
[ Parent ]
I believe that .. ahem ..a little birdie pointed this out to the Guardian nearly 2 years ago

So, the UK has a "competitive" market but no gas. Europe has a dysfunctional market and all the gas it needs. Tell me again, who it was who got it wrong?


keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Jan 14th, 2010 at 02:05:21 PM EST
[ Parent ]
Telegraph: Human civilisation 'will collapse' unless greed culture is stopped, report warns

The world's population is burning through the planet's resources at such a reckless rate - about 28 per cent more last year - it will eventually cause environmental havoc, said the Worldwatch Institute, a US think-tank.

In its annual State of the World 2010 report, it warned any gains from government action on climate change could be wiped out by the cult of consumption and greed unless changes in our lifestyle were made.

Consumerism had become a "powerful driver" for increasing demand for resources and consequent production of waste, with governments, including the British, too readily wanting to promoted it as necessary for job creation and economic well-being.

More than £2.8 trillion of stimulus packages had been poured into economies to pull the world out of the global recession, it found, with only a small amount into green measures.

by Sassafras on Wed Jan 13th, 2010 at 04:35:23 PM EST
[ Parent ]
[Worldwatch's Crystal Ball of Doom™ Technology]

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 Jan 13th, 2010 at 04:48:38 PM EST
[ Parent ]
the cult of consumption and greed

That's the problem? Well, I guess it is easier to swallow than would be the thought that our societies and economies are organized according to principles that prize above all else next quarter's returns and that, to that end, spend great effort cultivating "the cult of consumption and greed." Better to blame the evil cult members. Surely the leaders had better things in mind. Give them the benefit of the doubt.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer at eurotrib.com) on Wed Jan 13th, 2010 at 09:03:24 PM EST
[ Parent ]
Er - I think you'll find Worldwatch largely agreeing with you.

It certainly agrees with me - and I don't find cult too strong a word at all in this context.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Jan 13th, 2010 at 09:14:42 PM EST
[ Parent ]
I don't find cult too strong a word at all in this context.

I don't either. My concern was that, from my reading of the article, it seemed that they focused on those who were cult members at the expense of delineating the founders,beneficiaries and supporters of the cult.

The idea that we are all, somehow, part of a cult of consumption and greed, while true, is confounding and demoralizing. How do we get out of a cult of which we were, until recently, unaware? Boy, we must be dumb. Given this, how can we be trusted to do better? Etc.

Far more effective to identify those who created the cult, to show how it benefits their interests to the detriment of our own, to subvert the hold that The Myth of the Cult has over our perceptions and to show how that has led to the current organization of our economies and societies.

That's all.  

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer at eurotrib.com) on Thu Jan 14th, 2010 at 11:14:11 AM EST
[ Parent ]
Human civilisation 'will collapse' unless greed culture is stopped,

So let me get this straight.  Unless the "greed culture" which is the major theme of the current Human civilisation, is stopped, Human civilisation 'will collapse'?  What??  So let it collapse along with the "greed culture".  Done.  Problem solved.  Pay me.

I love the smell of roast chicken in the morning!

by THE Twank (yatta blah blah @ blah.com) on Thu Jan 14th, 2010 at 06:09:44 AM EST
[ Parent ]
Pay me

See !! That's the problem. right there

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Thu Jan 14th, 2010 at 02:07:32 PM EST
[ Parent ]
The problem is, that I expect just compensation for utilizing my excessive brain power (as it is) to solve a problem?  When I could have been doing something much more enjoyable ... like posting oh-so-humorous quips at ET?  Well hurrumph.

I love the smell of roast chicken in the morning!
by THE Twank (yatta blah blah @ blah.com) on Thu Jan 14th, 2010 at 02:36:01 PM EST
[ Parent ]
Monsanto GM Corn Linked to Organ Damage in Animals  Naked Capitalism

A new study published in the International Journal of Biological Sciences....was a reanalysis of various studies performed on rats which ran for 90 days (which is actually long for this sort of research). An overview of the study:

   There is a world-wide debate concerning the safety and regulatory approval process of genetically modified (GM) crops and foods [1, 2]. In order to scientifically address this issue, it is necessary to have access to toxicological tests, preferably on mammals, performed over the longest time-scales involving detailed blood and organ system analyses. Furthermore, these tests should, if possible, be in accordance with OECD guidelines. Unfortunately, this has been a challenge since usually these are regulatory tests performed confidentially by industry prior to commercialization of their GM crops, pesticides, drugs or chemicals. As a result, it is more instructive to investigate the available data that allows comparisons of several GMOs consumptions on health effects. This will allow the most appropriate statistical analyses to be performed in order to avoid possible false positive as well as false negative results. The physiological criteria used to either accept or reject any GM significant effect as relevant should be made clear. Here we discuss sex-related, temporal, linear and non-linear dose effects which are often involved in the establishment of chronic and endocrine diseases.

    We investigated three different GM corn namely NK 603, MON 810 and MON 863, which were fed to rats for 90 days. The raw data have been obtained by European governments and made publically available for scrutiny and counter-evaluation. These studies constitute a model to investigate possible subchronic toxicological effects of these GM cereals in mammals and humans. These are the longest in vivo tests performed with mammals consuming these GMOs. The animals were monitored for numerous blood and organ parameters.

From the conclusion:

   .... in the three GM maize varieties that formed the basis of this investigation, new side effects linked to the consumption of these cereals were revealed, which were sex- and often dose-dependent. Effects were mostly concentrated in kidney and liver function, the two major diet detoxification organs, but in detail differed with each GM type. In addition, some effects on heart, adrenal, spleen and blood cells were also frequently noted. As there normally exists sex differences in liver and kidney metabolism, the highly statistically significant disturbances in the function of these organs, seen between male and female rats, cannot be dismissed as biologically insignificant as has been proposed by others [4]. We therefore conclude that our data strongly suggests that these GM maize varieties induce a state of hepatorenal toxicity. This can be due to the new pesticides (herbicide or insecticide) present specifically in each type of GM maize, although unintended metabolic effects due to the mutagenic properties of the GM transformation process cannot be excluded.



As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer at eurotrib.com) on Wed Jan 13th, 2010 at 10:34:32 PM EST
[ Parent ]
Jaguar will get habitat protection in U.S. Southwest

The Obama administration on Tuesday paved the way for the return of jaguars to the American Southwest by agreeing to designate a critical habitat for the biggest cat in the Western Hemisphere, which once roamed from California to Louisiana.

Jaguars occasionally are spotted in the Southwest, but usually because they cross from northern Mexico. Arguing that jaguars were native to Mexico rather than this country, the Bush administration refused to designate habitat for the endangered animal, which would give the cat special protection in certain areas. The Center for Biological Diversity filed three lawsuits since 2004 trying to compel that action. Last March, a federal judge ordered the U.S. Fish and Wildlife Service to agree to designate a habitat.

On Tuesday, the Fish and Wildlife Service said it would do so and also draw up a recovery plan for the species.

Federal officials have until January 2011 to disclose their intentions, which could include intentionally reintroducing the predator to the Southwestern desert. The notion is likely to be controversial, as ranchers and some rural communities have fought the return of another predator, the Mexican gray wolf, to the region.


The last time the picture above appeared in ET it turned out that Arizona Fish & Game had inadvertently killed this animal as part of its routine monitoring. The new designation will help prevent such events.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer at eurotrib.com) on Wed Jan 13th, 2010 at 10:41:32 PM EST
[ Parent ]
Isn't this marvelous?

Scientists find increased methane levels in Arctic Ocean

[Underlines and emphasis added]

A team led by International Arctic Research Center scientist Igor Semiletov has found data to suggest that the carbon pool beneath the Arctic Ocean is leaking.

The results of more than 1,000 measurements of dissolved methane in the surface water from the East Siberian Arctic Shelf this summer as part of the International Siberian Shelf Study show an increased level of methane in the area. Geophysical measurements showed methane bubbles coming out of chimneys on the seafloor.

"The concentrations of the methane were the highest ever measured in the summertime in the Arctic Ocean," Semiletov said. "We have found methane bubble clouds above the gas-charged sediment and above the chimneys going through the sediment."

The new data indicates the underwater permafrost is thawing and therefore releasing methane. Permafrost can affect methane release in two ways. Both underwater and on land, it contains frozen organic material such as dead plants and animals. When permafrost thaws, that organic material decomposes, releasing gases like methane and carbon dioxide. In addition, methane, either in gas form or in ice-like methane hydrates, is trapped underneath the permafrost. When the permafrost thaws, the trapped methane can seep out through the thawed soil. Methane, a greenhouse gas 20 times more powerful than carbon dioxide, is thought to be an important factor in global climate change.



No one could have predicted
by ATinNM on Thu Jan 14th, 2010 at 01:14:35 AM EST
[ Parent ]
Isn't there a cartoon of a snowball starting out really small, rolling downhill, getting bigger and bigger.  Welcome to the heating of planet Earth.  Flip-flops and shorts y'all.  Here in northern CA it's not yet Jan 15th and spring is already springing.  New grass is already sprouting.  Nature knows what's going on.  Humans are kinda slow.

I love the smell of roast chicken in the morning!
by THE Twank (yatta blah blah @ blah.com) on Thu Jan 14th, 2010 at 06:16:27 AM EST
[ Parent ]
 LIVING ON THE PLANET 
 Society, Culture, History, Information 


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 Jan 13th, 2010 at 10:05:34 AM EST
Telegraph: Nasa photographs 'trees' on Mars

The images appear to show rows of dark "conifers" sprouting from dunes and hills on the planet surface. But the scene is actually an optical illusion.

The photographs actually show sand dunes coated with a thin layer of frozen carbon dioxide, or dry ice, less than 240 miles from the planet's north pole.

by Sassafras on Wed Jan 13th, 2010 at 04:14:21 PM EST
[ Parent ]
Stunningly beautiful photograph! Bet it make photo analysts sit up and take notice.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer at eurotrib.com) on Wed Jan 13th, 2010 at 09:10:09 PM EST
[ Parent ]
I can see MY HOUSE!!

I love the smell of roast chicken in the morning!
by THE Twank (yatta blah blah @ blah.com) on Thu Jan 14th, 2010 at 06:17:25 AM EST
[ Parent ]
BBC: Google 'may pull out of China after Gmail cyber attack'

Internet giant Google has said it may end its operations in China following a "sophisticated and targeted" cyber attack originating from the country.

It did not accuse Beijing directly, but said it was no longer willing to censor its Chinese search engine - google.cn.

Chinese rival Baidu called the move "hypocritical" and financially driven. In US trade on Wednesday Baidu's shares were up 10%, and Google's down 1.5%.

Google said the e-mail accounts of Chinese human rights activists were the primary target of the attack, which occurred in December.

by Sassafras on Wed Jan 13th, 2010 at 04:45:19 PM EST
[ Parent ]
ht kevin for adding emphasis to an easily overlooked detail --GOOG compliance with state investigators and "self-censorship" elsewhere in the world.

Google, by implying that Beijing had sponsored the attack has placed itself in the center of an international controversy, exposing what appears to be a state-sponsored corporate espionage campaign that compromised more than 30 technology, financial and media companies, most of them global Fortune 500 enterprises....

Ironically, "bulletproof hosting" in China is a well-established, commercial model. Also The reporting isn't clear to me whether or not the corporate "systems" were GOOG-hosted rather than independently owned and operated networks.

[Hackers] apparently were able to access a system used to help Google comply with search warrants by providing data on Google users, said a source familiar with the situation, who spoke on condition of anonymity because he was not authorized to speak with the press.

Read more...

in other news,

Baidu.com was unavailable part of Monday [12 Jan], but early in the outage the site displayed a message that read: "This site has been hacked by Iranian Cyber Army," according to a report on the People's Daily, the Web site of the Chinese Communist Party's official newspaper.

The group was the same that had taken responsibility for an attack against Twitter.com last month that redirected the micro-blogging service's traffic to a domain that hosted the same message.

Read more...



Diversity is the key to economic and political evolution.
by Cat on Thu Jan 14th, 2010 at 01:21:26 PM EST
[ Parent ]
New Scientist: Poor neighbourhoods can kill

Across the US, death rates among black women diagnosed with breast cancer are 37 per cent higher than for whites, but in Chicago the difference is an astonishing 68 per cent (Cancer Causes & Control, vol 18, p 323). Something about this heaving metropolis is sending black women to an early grave.

Poor access to screening and therapy is clearly an important factor. But according to a novel collaboration between sociologists and biologists, the strain of living in some of the toughest neighbourhoods in the US may cause biological changes that lead directly to earlier deaths.

by Sassafras on Wed Jan 13th, 2010 at 04:49:23 PM EST
[ Parent ]
This needs to be re-phrased a bit.  How about just plain "poverty kills", or "life expectancy is a function of wealth"??

"Beware of the man who does not talk, and the dog that does not bark." Cheyenne
by maracatu on Wed Jan 13th, 2010 at 07:29:45 PM EST
[ Parent ]
Tea Balls Party?

Diversity is the key to economic and political evolution.
by Cat on Wed Jan 13th, 2010 at 07:47:56 PM EST
[ Parent ]
The author seems pointed in the right direction. The "tell" was when SCOTUS ruled that the Watergate era campaign reform legislation unconstitutionally infringed on the "free speech" rights of CORPORATIONS!, [Buckley v. Valeo, 424 U.S. 1 (1976)]. But the doctrine that corporations are legal persons with civil rights goes back to the case Santa Clara County v Southern Pac. R. Co., 118 U.S. 394 (1886), decided by SCOTUS.

But the doctrine of corporate personhood was smuggled into the law without argument. Before oral argument, the Chief Justice of the Supreme Court of the US instructed the participants the case, telling the attorneys during pre-trial that "the court does not wish to hear argument on the question whether the provision in the Fourteenth Amendment to the Constitution, which forbids a State to deny any person within its jurisdiction the equal protection of the laws, applies to these corporations. We are all of the opinion that it does." This oral instruction to attorneys was duly copied by the court reporter and later came to be interpreted as settled law.

History and discussion, cum rant, can be found here. How many US voters had any idea in 1886 of what would be the consequences of granting individual civil rights to the "fictitious legal entities" that are corporations and who also enjoy, potentially, immortality and limited liability.

If this can best be opposed by making common cause in this matter with libertarians, so be it. About now I am wishing I had voted for Ron Paul. At least he campaigned on bringing the troops home and dismantling the Federal Reserve System. Even substantial progress in those goals would be better than anything we can reasonably expect from the corporatist clowns we put in charge, (and for whom I voted.)

 

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer at eurotrib.com) on Wed Jan 13th, 2010 at 10:05:38 PM EST
[ Parent ]
Outstanding reply, ARG. I gotta sleep on this.

Diversity is the key to economic and political evolution.
by Cat on Thu Jan 14th, 2010 at 01:38:56 AM EST
[ Parent ]
 PEOPLE AND KLATSCH 


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 Jan 13th, 2010 at 10:06:14 AM EST
Guardian: James Cameron rejects claims Avatar epic borrows from Russians' sci-fi novels

Cinema audiences in Russia have been quick to point out that Avatar has elements in common with The World of Noon, or Noon Universe, a cycle of 10 bestselling science fiction novels written by the Strugatskys in the mid-1960s.

It was the Strugatskys who came up with the planet Pandora - the same name chosen by Cameron for the similarly green and lushly forested planet used as the spectacular backdrop to Avatar. The Noon Universe takes place in the 22nd century. So does Avatar, critics have noticed.

And while there are clear differences between the two Pandoras, both are home to a similarly named bunch of humanoids - the Na'vi in Cameron's epic, and the Nave in Strugatskys' novels, read by generations of Soviet teenagers and space-loving scientists and intellectuals.

by Sassafras on Wed Jan 13th, 2010 at 04:03:54 PM EST
[ Parent ]
Telegraph: Nicolas Sarkozy becomes a grandfather

President Nicolas Sarkozy became a grandfather yesterday after the wife of his second son, Jean, gave birth to a baby boy.

"Yes, he had a grandson this morning," said a presidential aide, who added that he had been given a "very unusual" name.

According to a parliamentary source, his first name is Solal, the hero of the 1968 novel Belle du Seigneur, a tragic love story by Swiss-Jewish writer Albert Cohen.

by Sassafras on Wed Jan 13th, 2010 at 04:27:02 PM EST
[ Parent ]
Independent: Van brings down world's strongest man

Nothing could ever defeat The Great Joe Rollino, neither the frigid waters of the Atlantic in winter nor even the passing of the years. The resilience of this short, sinewy man was the stuff of legend on the streets of Brooklyn as were the stories of his feats as a of Coney Island strongman.

Maybe at 104 years old - Rollino was born on 19 March 1905 - he should not have been out walking the streets of the Brooklyn he adored and which loved him back. But taking a five minute stroll every morning at dawn was part of his treasured routine. As were all the other habits that he said contributed to his unusual longevity: regular swims in the ocean whatever the season, breakfasts of oatmeal and never, ever meat, cigarettes or alcohol.
by Sassafras on Wed Jan 13th, 2010 at 04:39:10 PM EST
[ Parent ]
Thanks to Sassafras and Migs.

Skennah Kowa
by Crazy Horse on Wed Jan 13th, 2010 at 04:57:42 PM EST
[ Parent ]


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