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European Salon de News, Discussion et Klatsch - 12 October

by In Wales Mon Oct 11th, 2010 at 05:15:39 PM EST

 A Daily Review Of International Online Media 


Europeans on this date in history:

1845 - death of Elizabeth Fry, an English prison reformer, social reformer and, as a Quaker, a Christian philanthropist.

More here and here

 The European Salon is a daily selection of news items to which you are invited to contribute. Post links to news stories that interest you, or just your comments. Come in and join us!


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 EUROPE 



Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 01:48:28 PM EST
BBC News - Incapacity benefit claimants reassessed

Incapacity benefit claimants in north-east Scotland and Burnley in Lancashire are to be the first to be reassessed ahead of UK-wide welfare reform.

Those deemed fit enough to work, using a points-based system, will be moved to the jobseeker's allowance.

More than 2.5m people claim the benefit or its successor, employment support allowance, costing £12.5bn yearly.

Ministers say those able to do limited work should do so but charities claim the new test is "fundamentally flawed".



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:01:59 PM EST
[ Parent ]
Like they have enough jobs on the market for those who are healthy and are already looking for the job...

Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Tue Oct 12th, 2010 at 12:52:23 AM EST
[ Parent ]
Ah, but there's nothing more attractive to the moral scolds on Conservative backbenches and at the Daily Mail than identifying and punishing those they deem to be workshy and feckless.

that was how you knew Brown and Blair were conservatives when they went on and on about "hard-working" families. not in terms of improving incentives, but in terms of separating them from the "deserving poor".

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 12th, 2010 at 06:19:39 AM EST
[ Parent ]
New Labour for years claimed EU-beating unemployment rates, thanks to all the long-term unemployed in economic disaster areas who were on incapacity benefit (so not officially "unemployed").

The Tories are so honest they will raise the unemployment rate by bringing incapacity benefit receivers back into the labour force.

The difference? The Tories will really bring unemployment down, once the former benefit receivers have crawled off to die in ditches.

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Oct 12th, 2010 at 01:32:03 AM EST
[ Parent ]
You say that like it's a bad thing.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Oct 12th, 2010 at 07:35:19 AM EST
[ Parent ]
I sometimes let my emotions get the better of me.
by afew (afew(a in a circle)eurotrib_dot_com) on Tue Oct 12th, 2010 at 11:47:53 AM EST
[ Parent ]
The Sheridan Trial: Tommy Sheridan to defend himself in court.
Arriving at court this morning it was clear, from the number of press in attendance and the buzz around the defence and prosecution teams that something big was in the offing. Due to  restrictions we can only report Lord Bracadale's statement.


He thanked the Jury for their patience and said they would notice that Maggie Scott QC was no longer in the court. He told the jury that Mr Sheridan had decided to conduct his own defence, as he was "perfectly entitled to do."


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:02:16 PM EST
[ Parent ]
Blog | Full Fact - FullFact.org
The press conference given by Prime Minister David Cameron today was dominated by revelations regarding the death of aid worker Linda Norgrove in Afghanistan.   However some remarks made by Mr Cameron towards the end of the briefing had some fairly serious implications for the accuracy of the reporting on the major political controversy of the last few weeks: the cuts to child benefits.   An eagle-eyed reporter at Bloomberg noticed that due to changes to the threshold for the higher rate of tax for which the cuts in child benefit apply, parents will be affected if they earn £42,000 per year or more, not the £44,000 previously reported.


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:03:58 PM EST
[ Parent ]
BBC News - UK aid worker may have been killed by rescuers' grenade

British aid worker Linda Norgrove may have been accidentally killed by US forces during a rescue mission in Afghanistan, David Cameron has said.

International forces there originally said the 36-year-old died on Friday when one of her captors detonated a suicide vest.

But the prime minister said new details had come to light suggesting her death may have resulted from a US grenade.

He said he had spoken to her family about the "deeply distressing" news.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:04:18 PM EST
[ Parent ]
William Hague defends decision to try to rescue Linda Norgrove | World news | guardian.co.uk

William Hague today defended the decision to try to rescue Linda Norgrove, after David Cameron revealed it is now thought the British aid worker was killed by US troops rather than her captors.

In a statement to MPs in the Commons this afternoon, the foreign secretary paid tribute to the US forces in Afghanistan who had "risked their lives to rescue a British subject" after her kidnap, and cautioned against a rush to judgment.

The shadow foreign secretary, Yvette Cooper, said "we condemn utterly the actions of the hostage-takers throughout these events", but added: "There are important questions that now do arise" about the nature of the authorisation Hague gave to the operation and his level of involvement



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:06:07 PM EST
[ Parent ]
The moment the use of force is authorised, you are hoping against hope that everything goes right. most military planners would admit that "the best laid plans rarely survive contact with the enemy".

It seems that negotiations were already ongoing, that locally the military had been asked not to get involved as a peaceful negotiated outcome was likely. But wires got crossed and the worst outcome happened. I feel sorry for everyone involved, but I'd be reluctant to blame anyone.

As we all know and agree here, Afghanistan is a mess and has been since the US over-stepped their brief in 2002. It is tempting to blame Bush and leave it at that. But somebody once said something along the following lines;-

"Who is more to blame ?
A man such as George bush who sincerely believed that he should invade and occupy a foreign country, even though he was wrong and shown to be wrong,
Or a man, such as Barrack Obama, who knows the policy is a mistake, but continues and escalates it simply because it is politically convenient.

and in writing that, I do not absolve Blair, Brown or Cameron.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 12th, 2010 at 06:33:42 AM EST
[ Parent ]
sorry, the end of para 2 should read, blame anyone directly involved.

Otherwise the rest of what I wrote is contradictory.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 12th, 2010 at 06:34:54 AM EST
[ Parent ]
BBC News - Officer given life for boy's murder in Greek riot case

A Greek policeman has been sentenced to life in prison for murdering a schoolboy in 2008, an incident that sparked mass unrest.

A court in the town of Amfissa convicted Epaminondas Korkoneas, 38, of intentionally killing 15-year-old Alexandros Grigoropoulos.

He was shot dead on 6 December 2008 in the Athens neighbourhood of Exarchia.

Korkoneas's patrol partner, Vassilios Saraliotis, 32, was given a 10-year jail sentence for complicity.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:05:25 PM EST
[ Parent ]
Finally one country where policemen are responsible for killing people randomly...
This definitely is not the case with Australia.


Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Tue Oct 12th, 2010 at 07:10:27 AM EST
[ Parent ]
Does Australia require unanimous verdicts? The Greek vedict was 4-3, and I suspect that you will usually be able to find some people who always sympathize with the police.
by gk (g k quattro due due sette "at" gmail.com) on Tue Oct 12th, 2010 at 07:18:11 AM EST
[ Parent ]
The policemen very rarely even go to court here. And when they go they are found not guilty.
You wouldn't believe how many people they killed here in those 12 years I have lived here (and that's only what we see on TV).
They have a policy here "first shoot TO KILL than ask questions". And they are openly telling us that on TV.
Recently there were two killings in two days...with a taser and that dangerous spray...
Here is recent story from WA

http://www.sbs.com.au/news/article/1380276/WA-premier-slams-police-on-Taser-case

"WA's Corruption and Crime Commission (CCC) last week released video of unarmed Aboriginal man Kevin Spratt being tasered multiple times while surrounded by nine officers in the Perth Watch House."

He was not armed ...few days later he was tasered again in jail.
They are simply like they are freed from the leash...
Few days ago there was a story of policemen beating tourists beyond recognition in North QLD...he is in court now...we'll see how hard he will be punished.
Policemen that killed Aboriginal man in custody

http://www.deathsincustody.org.au/doomadgeefinding

was shamelessly acquitted by court...
It's a sad, sad story here in Australia...


Science without religion is lame, religion without science is blind...Albert Einstein

by vbo on Tue Oct 12th, 2010 at 10:09:00 AM EST
[ Parent ]
Boss of Hungarian toxic spill firm arrested | World news | guardian.co.uk

The director of the Hungarian company responsible for the toxic waste that flooded villages last week has been arrested as authorities race to finish an emergency dam to hold back a threatened second spill.

Hungary's prime minister, Viktor Orban, announced the arrest of Zoltan Bakonyi in parliament today and said the government was taking control of his Mal Rt aluminium company and freezing its assets. Bakonyi will be held for 72 hours, a government spokesman said.

At least seven people died and one is missing after the sludge, a by-product of aluminium production, leaked from burst banks of a 10-hectare industrial reservoir last Monday.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:07:48 PM EST
[ Parent ]
Zoltan ... isn't that a great name? I wish I was named Zoltan! Sounds like the name of a magician. I bet he mysteriously disappears.

The good news ... it's only a life sentence. You eventually leave this planet of idiots.
by THE Twank (yatta blah blah @ blah.com) on Tue Oct 12th, 2010 at 07:00:28 AM EST
[ Parent ]
Rumours that he's been in contact with Hungary's BP consulate and is considering political asylum are unlikely to be true.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Oct 12th, 2010 at 07:40:48 AM EST
[ Parent ]
BBC News - Welsh charities unite against housing benefit cuts

Six Welsh charities have urged the UK Government to rethink proposed cuts to housing benefit.

They said the measures were "all stick and no carrot" and that they would hit the most vulnerable hardest.

Chancellor George Osborne last week announced plans to cap the combined income from benefits.

The Department for Work and Pensions (DWP) said housing benefit had "spiralled out of control".



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:10:33 PM EST
[ Parent ]
French, Spanish FMs: Lieberman violated every rule of diplomacy - Haaretz Daily Newspaper | Israel News
The foreign ministers of Spain and France were furious with their Israeli counterpart Avigdor Lieberman, telling him Monday morning during a phone conversation that he had "violated every rule of diplomatic etiquette," an Israeli source reported on Monday.


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:14:45 PM EST
[ Parent ]
Rich People Things: After Goldman Sachs, the Value of Greece, Isle by Isle - The Awl
The Greek island known variously as Holy Ghost, The Island of the Father and the Son and the Holy Ghost, Holy Trinity, or just plain Trinity, owes its greatest renown, despite its lavish New Testamentish nomenclature, to the cameo role it played in the pagan classical age. This 12-acre slip of an atoll was a staging ground for the Persian armies laying siege to Thermopylae, the famed last stand of those hot, well-oiled Spartan souls hymned by our own latter-day Thucydides, Frank Miller. Now, however, Greek government officials are straining to find a way to convert Holy Ghost, and the nation's 6000 or so other island outcroppings into liquid assets, so as to begin paying down the country's colossal €400 billion debt flowing from the European Union's bailout of the basket case known as the Greek economy.


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:28:22 PM EST
[ Parent ]
Oh great!
Now tell why do Greeks need EU at all?
And who is going to BUY these isles? Turks?
End where are 400 billion Euros for Christ sake? Who are people that got them (and why they are not hanging in Athena's biggest square?)They did not ruin their country for nothing I suppose?
Ah poor people everywhere are so clueless...

Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Tue Oct 12th, 2010 at 10:28:28 AM EST
[ Parent ]
battery support » China and join hands to develop Italian solar power plant
China and join hands to develop Italian solar power plant By admin, October 10, 2010 9:39 pm

During Chinese Premier Wen Jiabao's visit to Italy, he had a talk with Italian Prime Minister, China and Italy signed including solar, broadband networks, desalination and other commercial contracts.

According to the report, both China and Italy signed a commercial contract amounted to 2.25 billion euros, the largest project is the China Development Bank and the Italian Global Solar Fund co-financing in southern Italy worth 800 million euros to build a photovoltaic station. The two countries agreed in 2015, the annual bilateral trade volume from 40 billion euros this year to expand to 1,000 million euros.

the mob has some competition, should be good...

whatever it takes to get south italy back on the map ecologically, creating wealth from copious sunshine.

"We can all be prosperous but we can't all be rich." Ian Welsh

by melo (melometa4(at)gmail.com) on Mon Oct 11th, 2010 at 10:49:28 PM EST
[ Parent ]
And the Chinese certainly won't take nonsense if the mob start messing with the contracts and finance.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 12th, 2010 at 06:38:19 AM EST
[ Parent ]
I'd bet on the Triads over the Mafia any day.

You can't be me, I'm taken
by Sven Triloqvist on Tue Oct 12th, 2010 at 08:29:42 AM EST
[ Parent ]
Reykjavik Grapevine | Is There a Revolution Brewing.

I spent part of the weekend with friends in a bar discussing the coming revolution, which now is again beginning to sound like a distinct possibility. At some point, this might have sounded like a boyhood dream. But like all boyhood dreams, the reality is not what one had hoped.


Skepticism is the first step on the road to truth. -- Denis Diderot
by ATinNM on Tue Oct 12th, 2010 at 01:17:36 PM EST
[ Parent ]
 ECONOMY & FINANCE 


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 01:48:53 PM EST
UK banks 'aided Nigeria corruption' - Business - Al Jazeera English

High street banks in the United Kingdom could have helped fuel corruption in Nigeria by accepting millions of dollars in deposits from dubious politicians in the west African nation, an international corruption watchdog said.

In a 40 page report released on Sunday, Global Witness said that five leading banks have failed to adequately investigate the source of tens of millions of dollars taken from two Nigerian governors accused of corruption. 

"Banks are quick to penalise ordinary customers for minor infractions but seem to be less concerned about dirty money passing through their accounts," Robert Palmer, a campaigner at Global Witness,  wrote on the group's website.

"Large scale corruption is simply not possible without a bank willing to process payments from dodgy sources, or hold accounts for corrupt politicians."



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:08:57 PM EST
[ Parent ]
ceebs:
accepting millions of dollars in deposits from dubious politicians in the west African nation

If only I'd replied to that Nigerian e-mail...

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Oct 12th, 2010 at 01:39:08 AM EST
[ Parent ]
Hahaha
Is there anybody who did not get that e-mail ?

Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Tue Oct 12th, 2010 at 10:31:21 AM EST
[ Parent ]
What? You got one too?
by afew (afew(a in a circle)eurotrib_dot_com) on Tue Oct 12th, 2010 at 11:45:59 AM EST
[ Parent ]
Ah what did not I get...?
I also won so many lotteries I should be a billionaire by now...if only I answered those e-mails...:)


Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Tue Oct 12th, 2010 at 10:02:36 PM EST
[ Parent ]
BBC News - CBI says bank bonuses 'toxic' amid government jobs cull

The head of the CBI has said bankers will seem "arrogant and out of touch" if they carry on paying bonuses while the public sector is cut.

Richard Lambert said a combination of pay freezes and job losses in the public sector with large City bonuses would be "toxic in the extreme".

His comments came in a wide-ranging speech on the future of banking.

In it, he also warned that the banking system was built on trust, and that needed to be rebuilt.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:09:33 PM EST
[ Parent ]
there's a guy who's gonna be looking for work in a week. The CBI exists to be the voice of CEOs and the mega rich, not to criticise them.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 12th, 2010 at 06:40:02 AM EST
[ Parent ]
Oh I think after these words all the bankers in UK will shed a tear for those unemployed and stop these bonuses...I am almost sure they will...LOL

Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Tue Oct 12th, 2010 at 10:36:37 AM EST
[ Parent ]
BBC News - Dollar drops to 15-year yen low

The US dollar has hit a fresh 15-year low against the yen after meetings of the International Monetary Fund (IMF) and G7 finance ministers produced little to ease world currency tensions.

The dollar weakened against a basket of currencies and fell as low as 81.37 yen, before recovering to 81.99.

Friday's weaker-than-expected US jobs data also raised expectations of more quantitative easing in the US.

The record low for the dollar is 79.75 yen, reached in April 1995.




Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:09:52 PM EST
[ Parent ]
Were the Obamas affected by the robosigning and fraudulent notarization epidemic?  Zero Hedge

Marshe Craine of Chase signed off on their release of mortgage.

....

President Obama is a victim of the robosigning phenomenon that has taken the financial industry by storm....How else would you explain this?

Random search of signature for Craine

Whoa, is that the same Marshe Craine "Vice President" of Chase that signed off, and was notarized I might add BY THE SAME NOTARY, on the Presidents Satisfaction of Mortgage?

Let's compare...

Hmmm. I'm no handwriting expert but...

Let' clarify if the same person notarized these documents...

Obama Notary

Random Satisfaction Notary

Looks the same to me on the notary, so if these signatures turn out to be different, she is LYING on one of them, but hey, no big deal, it is just a "technicality", right?

Not convinced yet?

Okay, let's dig deeper...

Let's see if this "Vice President" Marshe Craine is a MERS agent as well.

Yep...

Oh, much better, that signature is much closer to the signature on the President's Satisfaction of mortgage...

I feel much better now, don't you?

Was getting a little nervous there for a second...

Didn't MERS just come out with some statement about how they weren't involved an any fraud or something like that?

Oh yea they did...
Statement by CEO of Mortgage Electronic Registration Systems (MERS) "The MERS System is not fraudulent, and MERS has not committed any fraud."

Statement by CEO of Mortgage Electronic Registration Systems (MERS) RESTON, Va.-(EON: Enhanced Online News)-Mortgage Electronic Registration Systems (MERS) Chief Executive Officer R.K. Arnold today issued the following statement regarding the organization and clarifying certain aspects of its operations: "The MERS System is not fraudulent, and MERS has not committed any fraud." "MERS is one important ... Read more

Anyway, it is a good thing it was the same notary again or we would be in big trouble...

Perhaps  Marshe Craine and Yolanda Gonzalez are traveling companions sometimes and Yolanda sometimes travels alone. Chicago, Nevada, Virginia.... And perhaps Marshe Craine uses different signatures for different circumstances.

A comment on naked capitalism last week by an attorney noted that a notarized affidavit is considered the equivalent of a person attesting to the same facts in court, under oath and at penalty of perjury. The notary attests that the person signing the affidavit is the person described in the documents and signed and swore in the presence of the notary. These documents have to be wet signed. Stamps won't do. Violating these conditions constitutes a fraud on the court.

Michael Redman of 4closureFraud.org made these images available to anyone who wants them and requests everyone to copy, re-post and archive the documents, etc.

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

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Oct 12th, 2010 at 12:57:23 AM EST
[ Parent ]
Interesting, but it won't make any difference. Nobody knows what to do about this, so they're gonna do nothing and force those foreclosures through. States can halt the procedures, but it'll end up at the USSC eventually where the corporate friendly whores will rubberstamp every fraud going.

given the choice between saving the homes of the American people or the American banking system and their bonuses, those Americans who took out bad loans are about to find out how brutal American politics can be.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 12th, 2010 at 06:46:11 AM EST
[ Parent ]
Obama has come down foursquare on the side of the banks. From his perspective as a former constitutional law professor likely he can see that these problems with documentation are only technical. He wouldn't want to have advocates for the debtors extract any meaningful concessions from the banksters in return for a cure.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Oct 12th, 2010 at 09:22:04 AM EST
[ Parent ]
The Day - 3 win economics Nobel for job market analysis | News from southeastern Connecticut

Two Americans and a British-Cypriot economist won the 2010 Nobel economics prize Monday for developing a theory that helps explain why many people can remain unemployed despite a large number of job vacancies.

Federal Reserve board nominee Peter Diamond was honored along with Dale Mortensen and Christopher Pissarides with the $1.5 million prize for their analysis of the obstacles that prevent buyers and sellers from efficiently pairing up in markets.

Diamond - a former mentor to current Federal Reserve chairman Ben Bernanke - analyzed the foundations of so-called search markets, while Mortensen and Pissarides expanded the theory and applied it to the labor market.

Their work, dating back to the 1970s and '80s, sheds light on why the classical view of markets, in which prices are set so that buyers and sellers always find each other and all resources are fully utilized, doesn't always apply to the real world.



The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
by dvx (dvx.clt ät gmail dotcom) on Tue Oct 12th, 2010 at 04:26:08 AM EST
[ Parent ]
 WORLD 


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 01:49:14 PM EST
BBC News - Oprah Winfrey school abuse: South African matron freed

The former matron of Oprah Winfrey's school in South Africa has been cleared on charges of abusing girls there.

Virginia Mokgobo had faced 14 charges relating to the sexual and physical abuse of six girls.

Oprah Winfrey has expressed her disappointment at the verdict but said she was proud of the girls for testifying.

The US talk-show host has said she was herself abused as a child and has campaigned against abuse in the US.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:03:38 PM EST
[ Parent ]
BBC News - Israel offers building halt if Jewish state recognised

Israeli PM Benjamin Netanyahu has offered to renew a partial freeze on settlement building, if the Palestinians recognise Israel as "a Jewish state".

A Palestinian spokesman has rejected the condition.

Israel has been under international pressure to renew its partial freeze on settlements in the occupied West Bank.

Peace talks between Israelis and Palestinians had been under threat of collapse over the issue.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:04:37 PM EST
[ Parent ]
Palestinians reject Netanyahu terms - Middle East - Al Jazeera English

Binyamin Netanyahu, the Israeli prime minister, has offered to renew a partial settlement construction freeze in exchange for Palestinian recognition of Israel as a Jewish state.

He announced the offer on Monday, just three days after the Palestinians and Arab states gave the US a month to persuade Israel to renew a 10-month moratorium on settlement housing starts that expired on September 26.

Netanyahu's proposal met with a swift Palestinian rejection.

Nabil Abu Rudainah, the spokesman for Mahmoud Abbas, the Palestinian president, said a return to peace talks required a freeze on settlement building by Israel.
 
"The issue of the Jewishness of the state has nothing to do with the matter," he told the Reuters news agency.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:09:14 PM EST
[ Parent ]
Ha, the concession of the existence of Israel is what the negotiations are for.

But I bet the yanks don't get it and twist the palestinians arms to get a facesaver for Obama.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 12th, 2010 at 06:48:08 AM EST
[ Parent ]
BBC News - Chile reveals timing of attempt to rescue 33 miners

An attempt to rescue 33 Chilean miners trapped deep underground will begin at midnight on Wednesday (0300 GMT), Mining Minister Laurence Golborne says.

A test of the rescue capsule has been carried out successfully, descending almost the whole way down the 622m (680yd) shaft, engineers say.

Earlier, the top 90m was reinforced with metal casing to prevent crumbling.

The miners have been trapped since a collapse in the mine on 5 August, but were reached by a drill on Saturday.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:04:55 PM EST
[ Parent ]
BBC News - First human trial of embryonic stem cells

US doctors have begun the first official trial of using human embryonic stem cells in patients after getting the green light from regulators.

The Food and Drug Administration has given a license to Geron to use the controversial cells to treat people with spinal injuries.

The cells have the potential to become many of the different cell types found in the body, including nerve cells.

The trials at a hospital in Atlanta will check if the treatment is safe.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:05:08 PM EST
[ Parent ]
i wonder how many here, like myself, thought that the word 'embryonic' in this context referred to the fact that the cells were taken from embryos, when apparently most aren't.

they're embryonic because they haven't developed, it's the cells themselves that are embryonic, not necessarily their source.

the older you are the less you make, that's why wounds take longer to heal in the aged.

apologies if i was the only one here unaware of the distinction!

"We can all be prosperous but we can't all be rich." Ian Welsh

by melo (melometa4(at)gmail.com) on Tue Oct 12th, 2010 at 09:42:00 AM EST
[ Parent ]
There you go again, trying to confuse the issue with facts.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin
by Crazy Horse on Tue Oct 12th, 2010 at 09:48:42 AM EST
[ Parent ]
BBC News - Rwanda rebel FDLR leader Mbarushimana held in France

A leader of the Rwandan FDLR rebel group has been arrested in France on war crimes charges, the International Criminal Court says.

In a sealed warrant, Callixte Mbarushimana is accused of 11 counts of murder, rape and other crimes committed during the long conflict in DR Congo.

Some fighters from the Hutu FDLR were recently accused of the mass rape of hundreds of people in eastern DR Congo.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:05:44 PM EST
[ Parent ]
Kyrgyzstan wins praise for peaceful democratic elections | World news | guardian.co.uk

International observers today praised yesterday's parliamentary election in Kyrgyzstan, describing it as the first genuinely competitive poll to be held in central Asia.

The observers from the Organisation for Security and Co-operation in Europe (OSCE) said yesterday's vote had been "marked by political pluralism and a vibrant campaign", and amounted to a "further consolidation of the democratic process".



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:07:29 PM EST
[ Parent ]
China-Japan talks 'positive' - Asia-Pacific - Al Jazeera English

The defence ministers of Japan and China have met for the first time since a diplomatic dispute erupted last month over the arrest of a Chinese trawler captain by Japanese authorities.

The two officials "held a conversation" on the sidelines of an Association of Southeast Asian Nations (Asean) meeting on Monday in the Vietnamese capital, Hanoi, according to China's state-run Xinhua news agency.

Liang Guanglie, the Chinese defence minister, said talks with his Japanese counterpart, Toshimi Kitazawa, went very well and would be positive for bilateral relations.

"The talks were very good," he said. Asked what impact his discussion with Toshimi would have on strained relations, he replied: "Of course it will be positive".



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:08:39 PM EST
[ Parent ]
PA adopts textbook, banned in Israel, offering both sides' narratives - Haaretz Daily Newspaper | Israel News

The Palestinian Authority's Education Ministry approved the use of a history textbook that offers the central narratives of both Palestinians and the Zionist movement, marking the first time that the accepted Israeli position is being presented to schoolchildren in the West Bank.

The textbook, which has been banned from use by the Israeli Education Ministry, is the result of a joint Israeli-Palestinian-Swedish collaboration to promote coexistence through education. It will be taught in two high schools near Jericho, the Palestinian Education Ministry said.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:15:55 PM EST
[ Parent ]
BBC News - Saudi Arabia urged to suspend Sri Lankan recruitment

One of the main recruitment organisations in Saudi Arabia has called for a suspension in the hiring of thousands of workers from Sri Lanka.

The Saudi Arabian National Recruitment Committee urged officials to implement the freeze as soon as possible.

The Saudi authorities say that the main reason for the proposal is a row over recruitment charges.

But officials in Sri Lanka say the move is linked to torture claims by a Sri Lankan housemaid.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:17:01 PM EST
[ Parent ]
U.S. Base Deal for Colombia: Back to the Status Quo: Increasingly it appears that a new agreement will not be negotiated or submitted for approval by the Colombian Congress any time soon. Such a move would not only provide space for opponents of the agreement, but risk its defeat, if not in Congress, then in the Constitutional Court's mandated review. On August 27, The Washington Post reported  that Colombian President Juan Manuel Santos was "leaning toward" not submitting the agreement to Congress, and quoted a State Department official as saying "We're confident that in the intermediate period, or if there is no agreement for whatever reason, our older, existing agreements will permit us to continue our robust and effective cooperation with the Santos administration on counterterrorism and counternarcotics."

Colombia Reports: The U.S. is still interested in pursuing a military agreement with Colombia, despite the recent legal block to the deal in Colombia, Deputy Assistant Secretary of Defense for Western Hemisphere Affairs Frank Mora told El Tiempo.

Peru, LIMA - The Peruvian government on Saturday confirmed reports of a new large-scale discovery at the massive Camisea natural gas field, located in the country's southern jungles. (...) On Friday, Petrobras said it made the new gas discovery after drilling to a depth of 4,400 meters (14,425 feet) in Camisea's Lot 58, in which its Peruvian subsidiary is the operator with a 100 percent interest. According to preliminary estimates, the potential gas volume from Petrobras' first two exploratory wells in Lot 58 may total 48 billion cubic meters (1.7 trillion cubic feet).

HAVANA - A $70 million undersea fiber-optic cable that will link Cuba with Venezuela and Jamaica is due to start operating in July 2011, Cuban media reported. The project, which will involve laying two pairs of submarine cable over a distance of 5,340 kilometers (3,320 miles), will dramatically multiply Cuba's connectivity capacity, the official news agency Prensa Latina reported Friday, citing officials on the communist-ruled island.

Netherlands Antilles: Several thousand revelers gathered in the capitals of tiny St. Maarten and Curacao on Sunday to celebrate greater autonomy within the Dutch kingdom as a result of the breakup of the Netherlands Antilles. At the stroke of midnight Saturday, officials lowered the blue-and-red Netherlands Antilles flag and raised the new flags of St. Maarten and Curacao in their place. On Sunday morning, parliament members and other government leaders on the two Caribbean islands were sworn in. The status change is largely symbolic because the Netherlands Antilles -- colonized by the Dutch in the 17th century -- had been largely self-governing for 56 years. The Dutch monarch will remain head of state, overseeing foreign affairs and defense, and the islands' people will remain Dutch nationals, with Dutch passports. But like Aruba, which has had a similar autonomy arrangement since 1986, St. Maarten and Curacao will now have greater power of government and collect their own tax revenues. The two islands will share a central bank and supreme court. Many details of the new governments for St. Maarten and Curacao have to be hammered out by elected officials in coming weeks.

Tropical Storm Paula Forms in Caribbean Oct 11, 2010; 3:00 PM ETShare |  The 16th named tropical system of the 2010 Atlantic hurricane season has formed. Tropical Storm Paula is churning in the Caribbean and is slowly drifting northwestward.  As of 5 p.m. EDT Monday, Paula was located about 130 miles ESE of Isla de Guanaja, Honduras, moving to the northwest at 9 mph with sustained winds at 60 mph. Central pressure fell to 1000 mb.


"Beware of the man who does not talk, and the dog that does not bark." Cheyenne
by maracatu on Mon Oct 11th, 2010 at 05:50:15 PM EST
[ Parent ]
Paula is now a href="http://www.wunderground.com/blog/JeffMasters/comment.html?entrynum=1653">hurricane.

Skepticism is the first step on the road to truth. -- Denis Diderot
by ATinNM on Tue Oct 12th, 2010 at 11:22:42 AM EST
[ Parent ]
Let's try that again ...

hurricane.

Skepticism is the first step on the road to truth. -- Denis Diderot

by ATinNM on Tue Oct 12th, 2010 at 11:23:49 AM EST
[ Parent ]
This is Not Good

Projected Path Computer Models for Paula:

 

Skepticism is the first step on the road to truth. -- Denis Diderot

by ATinNM on Tue Oct 12th, 2010 at 03:43:46 PM EST
[ Parent ]
But its strength should reduce as it heads over Cuba.

"Beware of the man who does not talk, and the dog that does not bark." Cheyenne
by maracatu on Tue Oct 12th, 2010 at 05:46:25 PM EST
[ Parent ]
If it does head over Cuba.

AFAIK, there's only been one west-to-east hurricane in the past 100 years.  So the statistics are a bit fuzzy when it comes to prediction.  Here's the NOAA historic track data:

and the originating points:

So a hit on the Keys and then Florida can't be ruled out.

For your amusement [emphasis added]:

Paula is a small hurricane, with hurricane force winds that extend out just 10 miles from the center. The eye is very tight, with a diameter of 11 miles. The Hurricane Hunters noted something in their comments I've never seen before--the eye was more square than circular.

Square hurrican eyes.  We've entered the Twilight Zone (doobe-do-be, doobe-do-be)

(lol)

Skepticism is the first step on the road to truth. -- Denis Diderot

by ATinNM on Wed Oct 13th, 2010 at 02:50:08 AM EST
[ Parent ]
See the picture of the hurricane tracks this season

I believe the usual pattern is for the starting point of the storms to move eastwards as the season progresses. It would be unusual to have a hurricane form so close to the coast of Mexico so late in the season.

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan

by Migeru (migeru at eurotrib dot com) on Wed Oct 13th, 2010 at 02:59:26 AM EST
[ Parent ]
Pretty much.  I don't remember what the reasons are frankly.  Something to do with the abatement of tropical waves moving off Africa and an increased west/east flow from Mexico & Latin America???  

This year was noted for early onset and persistent high Surface Sea Temperatures (SST) in the Gulf.  We're lucky we didn't a hurricane moving north through the central Gulf heading towards Louisiana/Mississippi.  It could have easily turned into a Cat 4/5.

The SST is dropping, finally.  (And Hurray!)

Skepticism is the first step on the road to truth. -- Denis Diderot

by ATinNM on Wed Oct 13th, 2010 at 03:23:08 AM EST
[ Parent ]
Basra in southern Iraq has been transformed - thanks to oil | Martin Chulov | The Guardian | 12.10.2010

For the five years that British forces camped on the Basra air base, the nearby city that they came to liberate remained a lethal tinderbox. Militias ran rampant; residents cowered. Services were medieval.

But a drive through Basra in mid-2010 reveals an entirely different picture. The despairing sprawl British forces left behind 16 months ago is now heaving with new money. Wide boulevards, once scarred with bomb craters and decades of putrid refuse are now full of new cars and touts hawking trinkets.

by Gag Halfrunt on Tue Oct 12th, 2010 at 10:52:42 AM EST
[ Parent ]
This dispute over a mosque is an argument about India | Mukul Kesavan | The Guardian | 12.10.2010

Why should a high-court judgment about the ownership of the site of a provincial Indian mosque razed 18 years ago resonate across India? Because more hinges upon the just resolution of the Babri Masjid dispute  than the fate of a mosque. The real estate in dispute is not the site on which the mosque once stood but the constitutional ground on which the Indian republic is built. This is an argument about India.

In December 1992 the mosque, which Hindus believed had been built on the birthplace of their deity Ram, was torn down in a single day by a crowd of Hindu activists. The demolition was the violent climax of a pan-Indian movement designed to assert the political supremacy of the country's religious majority. Nearly two decades later, the court judgment, by giving two-thirds of the mosque's site to Hindu litigants, seems to vindicate this majoritarian claim.

by Gag Halfrunt on Tue Oct 12th, 2010 at 01:46:52 PM EST
[ Parent ]
 LIVING OFF THE PLANET 
 Environment, Energy, Agriculture, Food 


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 01:49:37 PM EST
Economy Sandbags Plans for Nuclear Reactors - NYTimes.com
WASHINGTON -- Just a few years ago, the economic prognosis for new nuclear reactors looked bright. The prospect of growing electricity demand, probable caps on carbon-dioxide emissions and government loan guarantees prompted companies to tell the Nuclear Regulatory Commission that they wanted to build 28 new reactors.


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:12:42 PM EST
[ Parent ]
Environment adviser warns against green funding cuts | Politics | The Guardian

The Conservative chairman of parliament's cross-party energy and climate change committee is to warn the government against reducing spending on low-carbon technology, saying it would be like "cutting the budget for Spitfires in 1939".

Tim Yeo, who was an environment minister in John Major's government, says his committee is speaking out on behalf of environmentalists, who are "holding [their] breath" after indications that the government will slim down commitments to sustainable technology when it announces new four-year spending plans for Whitehall departments in the comprehensive spending review on October 20. At a recent appearance in front of Yeo's committee, Chris Huhne, the climate change secretary, said "nothing was safe" in his department.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:18:26 PM EST
[ Parent ]
Green fatigue hits campaign to reduce carbon footprint - Climate Change, Environment - The Independent

Britons are less environmentally conscious than they were five years ago, with twice as many people now "bored" by talk of climate change as in 2005. Four in 10 take no action at all to reduce their household carbon dioxide emissions. Experts warn that green fatigue is a major reason why there are more cars on the roads, more planes in the sky and no reduction in the mountain of packaging waste.

As a new energy report reveals that too few people are making an effort to reduce their household CO2 emissions, environmentalists believe the recession is further undermining public commitment.

The report, by market researchers Mintel, shows that many of Britain's 26 million homes fail to make simple adjustments such as turning down thermostats, switching off lights and switching off appliances rather than leaving them on standby. The findings also reveal people are less willing to spend money on energy-efficient appliances than they were five years ago. Analysts believe the recession together with a backlash against "extreme" environmentalist pressure has reduced people's enthusiasm to combat climate change.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:20:09 PM EST
[ Parent ]
green fatique is largely a result of local authorities piling excessive charges on households for the collection of waste, allegedly in the cause of being green. Yet these same authorities make it extremely hard for people to erect windturbines or solar power collectors.

So green issues are widely perceived in terms of imposed cost, rather than as a benefit.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 12th, 2010 at 06:54:05 AM EST
[ Parent ]
Perhaps you should look at the increase in tonnage of household waste before saying "excessive" or "allegedly".
by afew (afew(a in a circle)eurotrib_dot_com) on Tue Oct 12th, 2010 at 07:29:31 AM EST
[ Parent ]
Hey afew, by any chance do you know specifically what type of household waste is resulting in this increased tonnage? I'm just curious, because by leaps and bounds the bulk of my household waste is plastic-related packaging. Even a huge garbage bag full weighs practically nothing.
by sgr2 on Tue Oct 12th, 2010 at 09:19:25 AM EST
[ Parent ]
The biggest weight component usually cited is throwaway babies' nappies, replete with their contents.

But there's an overall rise in packaging, plastic and other.

I should look all this up and diary it.

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Oct 12th, 2010 at 11:52:53 AM EST
[ Parent ]
In the olden days we used cloth diapers. There was a diaper service that came and collected the rinsed out dirty diapers and delivered clean ones a couple of times a week. Worked out fine as best I recall and saved a lot of crap from going to the landfill. Guess this approach has fallen out of favor now though.

Interesting topic, so please do a diary if you have the time!

by sgr2 on Tue Oct 12th, 2010 at 12:36:10 PM EST
[ Parent ]
Crop Failures Set To Increase Under Climate Change
Leeds UK (SPX) Oct 11, 2010
Large-scale crop failures like the one that caused the recent Russian wheat crisis are likely to become more common under climate change due to an increased frequency of extreme weather events, a new study shows.

However, the worst effects of these events on agriculture could be mitigated by improved farming and the development of new crops, according to the research by the University of Leeds, the Met Office Hadley Centre and University of Exeter.

The unpredictability of the weather is one of the biggest challenges faced by farmers struggling to adapt to a changing climate. Some areas of the world are becoming hotter and drier, and more intense monsoon rains carry a risk of flooding and crop damage.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Oct 11th, 2010 at 02:55:28 PM EST
[ Parent ]
Big Oil money pouring back into California to boost Prop 23 | Grist

After a recent lull, the flow of out-of-state oil money into California to block the state's cutting edge greenhouse-gas law is ramping back up. The latest to contribute is Marathon Oil, based in Houston, which has kicked in $500,000. So many Texas oil companies showing so much interest in California's air -- isn't that special?

The bucks stop there: Marathon joins a roster of big spending out-of-staters pushing Proposition 23, which would keep the state from controlling greenhouse-gas emissions. Others in the group include San Antonio-based Valero ($4 million); San Antonio-based Tesoro ($1.5 million); Wichita, Kansas-based Flint Hills Resources, aka the Koch Brothers ($1 million); and the Smithville, Missouri-based Adam Smith Foundation ($498,000).

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Oct 11th, 2010 at 02:59:35 PM EST
[ Parent ]
business as usual. sickening.
by sgr2 on Tue Oct 12th, 2010 at 09:25:20 AM EST
[ Parent ]
EUObserver: Belgian firm planning surprise twist in Nabucco story


EUOBSERVER / BRUSSELS - A little-known Belgian businessman says his company is poised to clinch a Compressed Natural Gas (CNG) deal with Turkmenistan in November in a potential setback for the EU's Nabucco and Russia's South Stream pipeline projects.

Not many people in EU circles have heard of Koen Minne, a softly-spoken 40-year-old Belgian lawyer who is the CEO of the Brussels-based engineering firm Enex and who holds the post of Honorary Consul of Turkmenistan to Belgium and the EU.

Speaking in an interview with EUobserver in Brussels on Monday (11 October), Mr Minne said that Enex and a consortium of unnamed EU energy companies is getting ready to pitch its final offer to Ashgabat next month: "I believe that we will have an agreement in November. If everything goes according to schedule, I think we will be ready to have a proposal to take to the Turkmen side."

[...]

The CNG project envisages taking between 3 and 4 billion cubic metres (bcm) a year of Turkmen gas by ship across the Caspian Sea to Azerbaijan and pumping it through the existing Baku-Tbilisi-Erzurum gas pipeline to Turkey.



Vencit omnia veritas.
by Luis de Sousa (luis[dot]a[dot]de[dot]sousa[at]gmail[dot]com) on Tue Oct 12th, 2010 at 04:07:22 AM EST
[ Parent ]
EUObserver: EU to call for paradigm shift on energy

EUOBSERVER / BRUSSELS - Europe's creaking energy infrastructure must be massively overhauled if the bloc is to meet its energy needs in the year 2020 and beyond, a report by the European Commission is set to say.

Outdated and hugely fragmented, the EU's energy grid should be replaced by a "Single European Energy Network", says a draft copy of the commission's communication on Energy Infrastructure Priorities seen by EUobserver.

Roughly 50,000 km of electricity transmission lines will have to be built or upgraded between now and 2020, says the proposal (Photo: European Commission)

"European energy infrastructure is aging and at the same time facing new challenges in terms of security of supply, market integration and the need to up-take an ever increasing share of electricity from low carbon energy sources," says the document, due to be published next month.

"Energy demand and import dependence on fossil fuels will continue to grow over the coming years, making Europe's energy equation even more difficult," it continues.

Investments to ensure Europe meets its growing energy and climate change needs - including new infrastructure for electricity, gas, oil and carbon capture and storage (CCS) - could amount to as much as €1 trillion.



Vencit omnia veritas.
by Luis de Sousa (luis[dot]a[dot]de[dot]sousa[at]gmail[dot]com) on Tue Oct 12th, 2010 at 04:18:05 AM EST
[ Parent ]
Finantial Times: Corn prices surge to two-year high


Corn prices hit a two-year high on Monday, jumping more than 8 per cent, as traders scrambled to buy after the US Department of Agriculture warned last week of "dramatically" lower supplies because of bad weather.

Corn prices have surged more than 15 per cent over the past two days, making the jump one of the biggest in recent history and prompting some analysts to warn that the world was fast moving into another food crisis.

[...]

In early trading in Chicago on Monday, CBOT December corn surged by an expanded daily limit of 45 cents, or 8.5 per cent, to $5.73¼ per bushel, the highest since September 2008.

In normal circumstances, the daily limit in Chicago is 30 cents, but the exchange widened the barrier to 45 cents after the market closed on Friday after corn prices rose 30 cents during the final session of the week.

Analysts believe corn prices could hit $6 a bushel, a level only seen during the peak of the 2007-08 food crisis, which saw the cost of agricultural commodities from corn to rice hit record highs, sparking food riots in poor countries.

"Meaningfully higher prices are now required in order to ration demand, principally ethanol consumption," said Lewis Hagedorn, agricultural commodities analyst at JPMorgan in New York.



Vencit omnia veritas.
by Luis de Sousa (luis[dot]a[dot]de[dot]sousa[at]gmail[dot]com) on Tue Oct 12th, 2010 at 04:32:22 AM EST
[ Parent ]
Auerback: You Can Thank Ben Bernanke for Higher Food Prices « naked capitalism
This is the game that is being played today as a consequence of the Fed's embrace of "QE2". So when the Financial Times warns of a global food crisis, one can put 2 + 2 together and begin to understand the damage the Fed and its perversely Wall Street centric approach to economic policy is doing to our economy.

In fact, one has to query whether the increasing "financialisation" of the commodities complex has played a significant role. Previous to 2000, pensions could not buy commodities because these are purely speculative bets. There is no return to holding commodities unless their prices rise--indeed, holding them is costly. However, Goldman Sachs promoted investment in commodities as a hedge, on the basis that commodities prices are uncorrelated with equities. This is understandable, given the historic lack of involvement of Wall Street in the commodities complex. Hedging activity was generally restricted to end-users like farmers.

That all began to change in the aftermath of the Commodities Futures Modernization Act of 2000, another legacy of the Clinton/Rubin/Summers regime. Of course, the whole basis of the arguments for commodities as a "defensive hedge" non-correlated to financial asset went out the window the minute this legislation was passed.



"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char
by Melanchthon on Tue Oct 12th, 2010 at 05:30:56 AM EST
[ Parent ]
 LIVING ON THE PLANET 
 Society, Culture, History, Information 


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 01:50:04 PM EST
Andrew Marr says bloggers are 'inadequate, pimpled and single' | Media | guardian.co.uk

The BBC's website has nearly 100 blogs and invites its readers to "have your say" on an enormous range of topics, from Westminster to the weather.

But one of the corporation's most familiar faces, Andrew Marr, has dismissed bloggers as "inadequate, pimpled and single", and citizen journalism as the "spewings and rantings of very drunk people late at night".

Marr, the BBC's former political editor who now presents BBC1's flagship Sunday morning show, said: "Most citizen journalism strikes me as nothing to do with journalism at all.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:02:30 PM EST
[ Parent ]
is tru im inadequete pimply and singel + i blog in my pijamas

but im only 14 gimme a brake

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Oct 12th, 2010 at 01:51:19 AM EST
[ Parent ]
One is forced to ask what made him say it. If blogging is no threat, why mention it ? He simply comes across as ill-informed by tarring all blogs with the same brush. especially as some of the stuff he talks about in his Sunday morning politics show comes straight off blogs such as Iain dale's or guido Fawkes.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 12th, 2010 at 06:58:13 AM EST
[ Parent ]
the WSJ or the Economist criticizing France...

Wind power
by Jerome a Paris (etg@eurotrib.com) on Wed Oct 13th, 2010 at 03:56:43 PM EST
[ Parent ]
12 College Roofie Victims Could Be Expelled For Simply Drinking
Twelve young women were hospitalized this weekend after apparently being drugged with roofies at a party. Police have arrested one man -- but the victims may be punished too.

<snip>

but the victims -- many of whom were apparently under 21 -- may face repercussions as well. The Seattle Post-Intelligencer writes,

At a minimum, each student will face a conduct hearing. They also may be required to take an intensive drug and alcohol education course, be referred to certified alcohol and drug counselor or suspended from school, the administration said in a statement.




Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:03:12 PM EST
[ Parent ]
Second wave of extra science cuts may pay for Con - Lib deal on student fees - Exquisite Life

To pay for a Conservative - Liberal deal on student fees, ministers are considering the possibility of a second wave of extra cuts to science budgets after the Comprehensive Spending Review.

Speculation in recent weeks has focused on cuts of about £1 billion, or 15 per cent, in funding for university research. But now the cost of financing a political deal over student fees could trigger a second wave of cuts.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:03:23 PM EST
[ Parent ]
Record labels fail to get 'three strikes' rule enforced in Ireland | Technology | guardian.co.uk

Four of the world's largest record companies have failed in an attempt to get the "three strikes" rule enforced against illegal filesharers in Ireland.

Warner Music, Universal Music Group, Sony BMG and EMI brought the case against UPC, one of Ireland's largest broadband providers, in order to establish a legal precedent that would force internet service providers to cut off illegal filesharers' internet connections.

Today the Irish high court ruled that laws to identify and cut off internet users were not enforceable in Ireland, meaning the country is not in line with European copyright law. The record companies were looking to force internet service providers to adopt the "three strikes rule", forcing those accused three times of sharing copyrighted material to be disconnected from the internet.

The court noted that a "substantial portion" of UPC's 150,000 customers were illegally sharing music.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:08:04 PM EST
[ Parent ]
BBC News - Manned flight around Moon considered

The possibility of using the space station as a launching point to fly a manned mission around the Moon is to be studied by the station partners.

Letters discussing the concept have been exchanged between the Russian, European and US space agencies.

The Moon flight would be reminiscent of the 1968 Apollo 8 mission which snapped the famous "Earthrise" photograph.

The agencies want the station to become more than just a high-flying platform for doing experiments in microgravity.

They would like also to see it become a testbed for the technologies and techniques that will be needed by humans when they push out beyond low-Earth orbit to explore destinations such as asteroids and Mars.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:11:33 PM EST
[ Parent ]
California shooter says he saw Glenn Beck as `schoolteacher' | Raw Story

The 45-year-old "highway shooter" who engaged in a 12-minute shootout with California Highway Patrol officers earlier this year now says Fox News host Glenn Beck has been an inspiration for his activity.

In a several thousand word expose for MediaMatters, Pacifica journalist John Hamilton interviewed the so-called highway shooter, Byron Williams, from prison.

In the interview, Williams details what he saw as an elaborate global conspiracy and tells the journalist -- whom he sees as his "media advocate" -- to look to specific broadcasts of Beck's show for information on the conspiracy he describes. (MediaMatters says Beck's show provided "information on the conspiracy theory that drove him over the edge: an intricate plot involving Barack Obama, philanthropist George Soros, a Brazilian oil company, and the BP disaster.")



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:13:37 PM EST
[ Parent ]
Law Review: Putting Police beyond the Rule of Law? « Charon QC

Guardian: Rights groups attack Sir Paul Stephenson's plan to curb court action against officers

Chief Plod, quite possibly taking advantage of the climate of fear of cuts, appears to think that police officers should enjoy greater protection from being sued than ordinary people.  I could understand the idea if this was simply a matter of very minor infringements like hassle when stopped for speeding, or being given a bit of verbal  while the copper was on the beat (assuming they do that these days) - but this is a request from Chief Plod to The Home Secretary to make it more difficult to sue police for allegations of brutality or wrongful arrest.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:16:22 PM EST
[ Parent ]
as lawyers have pointed out, people mostly sue the police because it is almost impossible to get them to admit they have done anything wrong unless it is in a court of law.

If they admitted error more readily, most claims would never get to court.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 12th, 2010 at 07:01:02 AM EST
[ Parent ]
BOTSWANA: Not All Women in Local Government Making a Difference - IPS ipsnews.net
GABORONE, Oct 9, 2010 (IPS) - Florence Shagwa, a female councillor at the Gaborone City Council, considers her three-year business qualification worthless.

Shagwa, who holds a Business and Accounting Certificate that she attained at the University of Botswana part-time over three years, was employed by banks as a training manager before taking up her current post.

But looking around at the other female councillors she works with, Shagwa knows that she is better educated than most. "For those who might claim to be a bit educated they had gone as far as senior school only, while for some it is a big deal to write," Shagwa said speaking of her fellow female councillors.

And while she does not necessarily think it is a piece of paper that women councillors need to make an impact, she said that one of the hindering factors that women face in local government are their own education levels.

"For (these women), even (working) in a formalised environment and meeting or rubbing shoulders with people who matter is a problem. They always shy away when meeting such people," she said.

According to the country's Independent Electoral Commission no qualifications are needed for one to run for a post in local government except to campaign for votes. However, participants are vetted for criminal records.

"I do not have a problem with other women except with their attitudes. As an individual I do make an effort to be well informed. But I cannot say the same about most of the women in council," she said.
by afew (afew(a in a circle)eurotrib_dot_com) on Mon Oct 11th, 2010 at 03:15:00 PM EST
[ Parent ]
BBC - How conkers brought about the State of Israel

At the beginning of the First World War, cordite - the smokeless powder used as a propellant in small arms ammunition and artillery - was imported mainly from North America, but when blockades made shipping difficult Britain needed to produce its own cordite. One of the ingredients required for making cordite is acetone, a volatile liquid compound used as a solvent. Acetone is made from starch and Britain needed to look for sources of starch. At the beginning of the war we relied on imported maize and even potatoes for starch. But when supply routes were cut, Lloyd George, as Minister of Munitions, required that starch should come from closer to home. He asked Professor Chaim Weizman of Manchester University to come up with an alternative way for making acetone. Weizmann, the leading Zionist and later the first president of Israel, devised a process to extract the solvent not only from maize but also from horse chestnuts - conkers.
[....]
Lloyd George's gratitude to Weizman was such that it led directly to the controversial 1917 Balfour Declaration which set out British approval for the establishment in Palestine of a national home for the Jewish people - the state of Israel.


keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 12th, 2010 at 07:03:35 AM EST
[ Parent ]
Of couse, there was also the fact that some of Wilson's advisors were known to be Zionists, and the strange idea that because some of the leaders of the Russian Revolution were Jewish, they would be more inclined to support the war because of this. Maybe they even expected to get some German Jews to support the British side, though I've never seen any evidence for the latter.

Thanks to you, Keynes' comment now applies to Eurotrib as well:

"The great thing about this wood," said M. Clemenceau of his pine forest in La Vendée, "is that, here, there is not the slightest chance of meeting Lloyd George or President Wilson. Nothing here, but the squirrels." I wish that I could claim the same advantages for this book.
by gk (g k quattro due due sette "at" gmail.com) on Tue Oct 12th, 2010 at 07:23:34 AM EST
[ Parent ]
 PEOPLE AND KLATSCH 


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 01:50:24 PM EST
Liverpool off to high court as RBS obtains Tom Hicks injunction | Football | guardian.co.uk

The immediate future of Liverpool Football Club will be decided tomorrow morning in the high court, as RBS today claimed Tom Hicks has breached contractual undertakings.

The chairman Martin Broughton's attempt to push through the sale of the club to New England Sports Ventures for £300m, thus removing the possibility of the club going into administration on Friday, depends on Mr Justice Floyd approving the transaction.

The co-owner Hicks is attempting to block it, claiming that the board installed by RBS to sell the club did not have the authority to do so against the wishes of the shareholders. RBS, however, said today it has obtained an interim injunction preventing Hicks from firing Broughton and two other board members, and that the actions of Hicks were "in breach of contractual undertakings".



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:06:33 PM EST
[ Parent ]
Arnold Schwarzenegger 'offered post of Moscow mayor' during trip to Russia | World news | guardian.co.uk

His last visit to Moscow was in 1988, when he starred as a Soviet cop with the less than imaginative name of Ivan. But two decades later Arnold Schwarzenegger was back in Russia's capital today - only to be offered a job as the city's mayor.

Half-asleep commuters were surprised when the governor of California got into their packed metro carriage, an unthinkable act for Kremlin politicians who invariably travel to work in a big shiny Mercedes.

Schwarzenegger posted a snap of his journey on Twitter, remarking on Muscovites' apparent love of public transport. (His grinning companions are the US and Austrian ambassadors; several of his co-passengers are taking photos of the ex-Hollywood star; others, however clearly have no idea who he is. Or possibly don't care.)



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Oct 11th, 2010 at 02:08:20 PM EST
[ Parent ]


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