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European Salon de News, Discussion et Klatsch - 16 June

by DoDo Fri Jun 15th, 2012 at 03:53:15 PM EST

 A Daily Review Of International Online Media 


Europeans on this date in history:

1792 - birth of John Linnell, English landscape painter (d. 1882)


The Last Load (1853)

More 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 



*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Fri Jun 15th, 2012 at 12:43:51 PM EST
Germany can't save everyone, says Merkel as Spain's problems mount - Europe - World - The Independent
...the German Chancellor, Angela Merkel, warned that other European nations should not expect too much from Germany. "We are convinced that Europe is our destiny and our future" she told the Bundestag. "But we also know our strength is not unlimited."

The French President, François Hollande, and Italian Prime Minister, Mario Monti, after meeting in Rome yesterday, said new measures were urgently needed to protect sovereigns from financial market contagion. Mr Monti said: "We agreed that the progressive improvements made to eurozone governance are not enough to shield the euro from market turbulence."

Another part of this article is quoted in the Economy section.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Fri Jun 15th, 2012 at 12:44:03 PM EST
[ Parent ]
Hollande meets Monti in move to counter Merkel | EurActiv

French President François Hollande met yesterday (14 June) with Italian Prime Minister Mario Monti, making it clear he was building alliances with leaders in Rome and Madrid who back his challenge to German-imposed austerity.

Hollande displayed his like-mindedness with his Italian host, the French press reported, while his delegation showed optimism about the chances of success of the 28-29 June EU summit. The meeting is expected to produce a "calendar for more EU integration" and measures on fiscal discipline and growth.

Hollande submitted to Monti the details of his own proposals for the June summit, which have already been submitted to European Council President Herman Van Rompuy.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:44:13 PM EST
[ Parent ]
choosing up sides? So far it looks like France-Italy-Spain vs. Germany-England. Greece should be in the FIS camp and the US will have to side with the UK.

This has all the makin's of a good'un.

http://www.youtube.com/watch?v=_wp4O7v5320

by THE Twank (yatta blah blah @ blah.com) on Fri Jun 15th, 2012 at 06:43:03 PM EST
[ Parent ]
How do you form an alliance against the member you expect to pay? That makes sense only if you also expect that member to prefer an unacceptable decision to no decision.
by oliver on Sat Jun 16th, 2012 at 03:03:14 AM EST
[ Parent ]
and the best solution to an intransigent, but untenable position is...?

In the face of Jens Weidmann continuing to propose regular beatings as even German industry is beginning to be hit, what would you have Hollande do?

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Sat Jun 16th, 2012 at 03:13:08 AM EST
[ Parent ]
Damage limitation. IMHO the Euro is doomed. It is now time to make sure the EU survives its demise in some form.
by oliver on Sat Jun 16th, 2012 at 03:33:10 AM EST
[ Parent ]
I agree on the conclusion, but I would appreciate seeing your angle developed in a diary.

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Migeru (migeru at eurotrib dot com) on Sat Jun 16th, 2012 at 04:15:31 AM EST
[ Parent ]
The Euro is doomed due to the intransigence of Northern European leaders, above all the Merkel government and the Bundesbank. That intransigence won't go away if you didtch the Euro and look for damage limitation.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Sat Jun 16th, 2012 at 06:52:57 AM EST
[ Parent ]
That said, I wouldn't expect much talent for damage limitation from those who failed to properly stand up against the Eurozone application of the Shock Doctrine, either. Everyone who signed off the fiscal pact is a lost cause.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Sat Jun 16th, 2012 at 07:14:19 AM EST
[ Parent ]
My working assumption is that most of our current leaders advanced to their current positions by the time honored procedure of fawning upwards and kicking downwards. Hence Ireland is not Greece is not Spain is not Italy is not...

Von überall könnte das Volk, Urbrut alles Undemokratischen, Zelle des Terrors, über die gewählten Hüter von Wachstum und Wohlstand® kommen. - flatter
by generic on Sat Jun 16th, 2012 at 07:23:27 AM EST
[ Parent ]
I agree, the Euro is doomed, but nothing of the EU will be saved, I think.
by PerCLupi on Sat Jun 16th, 2012 at 07:04:48 AM EST
[ Parent ]
How do you form an alliance against the member you expect to pay?

Because German exit from the Euro also solves the problem.

That makes sense only if you also expect that member to prefer an unacceptable decision to no decision.

If Germany finds it excessively onerous to submit its objectively insane policies to a majority vote on the ECB board of governors, then it is perfectly free to get the fuck out of the Eurozone.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Jun 16th, 2012 at 04:50:48 AM EST
[ Parent ]
So you now admit that there is indeed such a thing like a governing council of the ECB that indeed decides policy on majority votes? What happened to your old theory that there is no ECB and everything is decided at the Bundesbank? Wasn't your old theory something like that the two german votes on the governing council were counted a fantasillion times because of the capital shares of the ECB?

I will reiterate my old theory: "The fault, dear Brutus, is not in our stars, But in ourselves, that we are underlings"

Spain, e. g. had just now the chance to appoint a new central bank president, that is new vote on the council. Did they use it?

By the way a european currency excluding the biggest and most central european economy doesn't make much sense.

by IM on Sat Jun 16th, 2012 at 05:40:05 AM EST
[ Parent ]
So you now admit that there is indeed such a thing like a governing council of the ECB that indeed decides policy on majority votes? What happened to your old theory that there is no ECB and everything is decided at the Bundesbank?

France and Spain had their Niemöller moments.

Wasn't your old theory something like that the two german votes on the governing council were counted a fantasillion times because of the capital shares of the ECB?

No, my observation was that the ECB was singing from the BuBa hymn sheet, and completely failing to discipline BuBa officials who were in breach of confidentiality that the BuBa had originally insisted upon.

That means that the BuBa had power independent of voting rules. That the BuBa is now losing this power invalidates neither the observation nor the conclusion that they used to have it.

By the way a european currency excluding the biggest and most central european economy doesn't make much sense.

FIFY.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Jun 16th, 2012 at 05:49:25 AM EST
[ Parent ]
No your observation was that the ECB followed policies you didn't like. Your explanation was that it was the Bundesbank, just in the good old eighties.

You never explained that power you assumed; and now you can't explain why this power is waning.

My observation was that the ECB followed a certain policy because the majority of the governing council - appointed by right-wingers - wanted it.

Now the policy is shifting a bit because the majority of the governing council is shifting.

My explanation fitted the facts then and fit the facts now and is consistent. Your explanation is basically: "And then a miracle happened".

by IM on Sat Jun 16th, 2012 at 06:47:46 AM EST
[ Parent ]
If that were true, it would not have consistently been Weidman, Asmussen and their BuBa friends who killed every sensible proposal for solving the crisis by pitching a public hissy fit. If the rot went equally deep in all the majority members of the Eurozone, it would occasionally have been some other central banker acting like a spoiled child.

But it wasn't, so it doesn't.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Jun 16th, 2012 at 06:51:06 AM EST
[ Parent ]
So I just have to find some comments from other central bankers?

I won't waste the time: After I wuold have found the euivalent comments  from finnish, dutch, french, italian central bankers you just would move the goal posts once again.

by IM on Sat Jun 16th, 2012 at 06:54:49 AM EST
[ Parent ]
No, you don't just have to find some comments from other central bankers. You would have to find comments relating specifically to (a) imposition of conditionalities on ECB refinancing operations (which is outside the ECB's remit, and therefore without a shadow of doubt criminal), (b) comments on specific policy proposals to solve the crisis, rather than vague generalities on how the feckless brown people must behave themselves and (c) have these comments show up immediately before the proposals die.

There is a difference in both scale and kind between the criminality of the German and Dutch ECB delegations and that of the Finnish, Italian and French.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Jun 16th, 2012 at 11:05:18 AM EST
[ Parent ]
because if you owe 10,000E to the bank they won't listen, if you owe a million they have to.

basically it's calling their bluff.

enough people see through it, it's over. standing up to them will encourage others.

It's a fine line between homage, parody, and consumer opportunism. Jess Walter

by melo (melometa4(at)gmail.com) on Sat Jun 16th, 2012 at 05:36:11 AM EST
[ Parent ]
Fiscal union talks resume amid Franco-German spat | EurActiv

Merkel, under pressure from eurozone peers to ease up on her austerity drive in Europe, reiterated her view that issuing new debt to finance economic growth is not sustainable and she again ruled out a mutualisation of debt, or eurobonds, to tackle the crisis.

Such moves would open a "path to mediocrity", she told a gathering of German entrepreneurs on Friday, saying she will reject any such "quick" crisis solutions.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:44:26 PM EST
[ Parent ]
"mediocrity" would be such an improvement.
by Colman (colman at eurotrib.com) on Fri Jun 15th, 2012 at 01:13:57 PM EST
[ Parent ]
Of course. Since the "automphaloscopity", where they are, which is the lowest possible level.
by PerCLupi on Sat Jun 16th, 2012 at 07:14:19 AM EST
[ Parent ]
EUobserver.com / Economic Affairs / UK sounds alarm on banking union

BRUSSELS - The UK has signalled it accepts that a eurozone banking union will go ahead and that it will not be onboard but warned it will seek "safeguards" to protect its financial sector and the single market.

"A banking union for the euro area is likely to prove necessary. But it is not essential for a single market. (...) we are clear that Britain will not take part" says finance minister George Osborne in an article published in EUobserver and several other European media.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:44:36 PM EST
[ Parent ]
IMF: Spain should raise taxes to reduce deficit - Businessweek

The IMF suggests the government increase in its value-added tax, or VAT, which is a type of sales tax. Spain should also eliminate a deduction on mortgage payments for first-time homebuyers, which was recently reintroduced, the report notes.

Spain's Prime Minister Mariano Rajoy has resisted increases in the VAT. The previous government boosted it to 18 percent in 2010, though it remains one of the lowest in Europe.

...The IMF also criticized Spain in unusually blunt terms for missing its target in 2011. The report said that the large miss, which amounted to 3 percent of GDP, undermined Spain's credibility and "was exacerbated by maintaining the message, until almost the end of the year, that the deficit was on track."

...Spain should also consider cutting wages for government workers, the report said. Rajoy has frozen wages but resisted cutting them. The previous administration reduced government workers' pay 5 percent in 2010.

To make it more likely the spending cuts and deficit reduction will materialize, the IMF said, future VAT increases and public sector wage cuts could be planned, and then canceled if deficit-reduction targets are met.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 03:56:40 PM EST
[ Parent ]
Eliminating the deduction for mortgage interest will do wonders for Spain's housing market.
by Upstate NY on Sat Jun 16th, 2012 at 10:48:14 AM EST
[ Parent ]
That was eliminated and then reinstated over the past two years. There is no consistent economic policy in either dominant party.

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Migeru (migeru at eurotrib dot com) on Sat Jun 16th, 2012 at 10:50:36 AM EST
[ Parent ]
When both parties believe in supernatural processes, e.g., Invisible Hand of the Market, and supernatural powers, e.g., acting independently on the basis of full and relevant information, maybe it's better they don't have a consistent economic policy.

They're screwing things up now.  If they consistently applied NCE things in Spain would really be in the crapper.
 

Ever since I learnt about confirmation bias I've started seeing it everywhere

by ATinNM on Sat Jun 16th, 2012 at 11:12:01 AM EST
[ Parent ]
Press Watch, June 15 | Athens News
The outrageous editorial in Financial Times Deutschland captured broad TV and radio attention, though it did not make it into the Greek press since it was published today.

Expressing Berlin's neoliberal, monetarist position, the paper admonished Greeks to "Resist the demagoguery of Alexis Tsipras and Syriza". "Only with the parties that accept the terms of international creditors will your country be able to remain in the euro," the paper declared.

It advised Greeks to vote for New Democracy leader Antonis Samaras, who just happens to be German Chancellor Angela Merkel's fellow conservative. While admitting that ND for decades had wrong-headed policies and is co-responsible for today's misery, it declared that: "The best solution for your country is a coalition government headed by Samaras." The editorial caused an uproar in Greece, and it seems to be pushing people closer to Tsipras. For most Greeks, it was the latest example of German gall.

Practically every leader on the Greek elections I came across when preparing the Salon had a clear unabashed anti-SYRIZA tint: all of Europe participates in the Greek campaign...hopefully with the opposite effect as intended.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Fri Jun 15th, 2012 at 12:48:12 PM EST
[ Parent ]
The FTD is hilarious that way. You can find a lot of well reasoned arguments against current policies. Then they suggest you vote for them.

Von überall könnte das Volk, Urbrut alles Undemokratischen, Zelle des Terrors, über die gewählten Hüter von Wachstum und Wohlstand® kommen. - flatter
by generic on Fri Jun 15th, 2012 at 04:16:33 PM EST
[ Parent ]
Do they have an editors vs. chief editor situation again?

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 05:08:32 PM EST
[ Parent ]
Sadly I have no special insight in the inner workings of the FTD. I just note that they publish Lucas Zeise who writes headlines like "Geld drucken schadet nichts" and "Entmachtet den Markt", Thomas Fricke who frequently argues that German success can not be explained by the policies that are now supposed to work in the periphery. And looking at their website the first opinion column I could find praises Merkel for her about face on banking union but cautions that giving the ECB even more power risks creating an autocracy.
Maybe they have a quota of reasonableness and after filling it they turn into the Economist?

Von überall könnte das Volk, Urbrut alles Undemokratischen, Zelle des Terrors, über die gewählten Hüter von Wachstum und Wohlstand® kommen. - flatter
by generic on Sat Jun 16th, 2012 at 06:16:53 AM EST
[ Parent ]
"The best solution for your country is a coalition government headed by Samaras.  to submit without a fight. On your knees, slaves!"


http://www.youtube.com/watch?v=_wp4O7v5320
by THE Twank (yatta blah blah @ blah.com) on Fri Jun 15th, 2012 at 06:48:22 PM EST
[ Parent ]
That's what it amounts to, whether they realise it or not

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 03:18:27 AM EST
[ Parent ]
I'm going on the record now, to state once again that the majority of your comments over the past weeks are drivel, they're not even good sarcasm, and they add zero to the discussion.

And, it irks me that some here continue to respond to Twank as if his he were a net contributor.

I make this comment from the perspective that i wish to see our leaders' top-level staff reading the perspective here, and sense they would be turned off completely by such. Twank does not respond to being ignored, does not respond to previous criticism, and to me, demeans the site.

(Should this be a diary for s separate discussion? Or am i just getting crotchety?)

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Sat Jun 16th, 2012 at 03:22:18 AM EST
[ Parent ]
As the person who previously had the title of ET site smart arse one liner (aka dumb commenter) I would suggest that I sort of know where he's coming from. Things will improve; I got better, he will too.

Few people arrive here ready to mix it on what is a blog with considerable intellectual firepower. It takes time to get up to speed, especially if, like me, you don't come armed with a fistful of experience in macro-economic and energy politics. So, a few low brow comments here and there kinda help with the mix. It lowers the barrier to entry, allows lesser mortals to feel they can contribute, even if in a fun way.

And beware the vanities of Seriousness. Becoming respected by the people currently orchestrating the destruction of the euro might not be the open-ended comliment we imagine

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 06:18:14 AM EST
[ Parent ]
There is a line between "low-brow" and "vulgar."

Twank's on the wrong side of that line IMO.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Jun 16th, 2012 at 06:40:46 AM EST
[ Parent ]
Parliament boycotts EU justice talks in protest over Schengen | EurActiv

In an unprecedented move, political group leaders in the European Parliament have decided to suspend negotiations with EU member states on five major justice and home affairs dossiers in protest against their decision to unilaterally rewrite rules related to the EU's boder-free Schengen area.

Martin Schulz, European Parliament president, dramatically announced the extraordinary move during the Assembly's plenary session in Strasburg yesterday (14 June).

"It is without precedent that in the middle of the legislative process, one co-legislative chamber excludes the other," Schulz said.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:48:24 PM EST
[ Parent ]
IT problems hinder first EU citizen's petitions | EurActiv

The first six European Citizens' Initiatives (ECIs) in EU history have launched campaigns and are collecting signatures, but it's at the moment impossible to support an ECI online due to what one group calls "severe" problems.

Civil society groups have asked for help in dealing with the Commission's online administrative procedures to register an ECI and collect digital signatures.

The costs involved in fulfilling the requirements and providing a server have amounted to several thousand euros - too much for many civil society groups.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:48:33 PM EST
[ Parent ]
Polls predict election doom for conservative UMP party - FRENCH ELECTIONS 2012 - FRANCE 24

Opinion polls in France show that the Socialist Party will likely enjoy an absolute majority in parliament as voters head to the second round of legislative elections on Sunday.

A victory for Socialists on June 17 would cap a string of triumphs, notably President François Hollande's runoff win over conservative former president Nicolas Sarkozy last month, and also the French left's takeover of the Senate in September 2011.

...According to Celine Bracq, an opinion expert with the French polling firm BVA, Hollande's camp has appeared to increase its advantage between the two rounds.

But, I guess that means that instead of feeling emboldened to implement leftist policies, the Hollande government will feel liberated from dependence on leftist allies and move further right...

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Fri Jun 15th, 2012 at 12:48:43 PM EST
[ Parent ]
Welcome to the "Omama Strategy".

http://www.youtube.com/watch?v=_wp4O7v5320
by THE Twank (yatta blah blah @ blah.com) on Fri Jun 15th, 2012 at 06:49:14 PM EST
[ Parent ]
the Hollande government will feel liberated from dependence on leftist allies and move further right...
 

He has made every indication that he considers himself a Serious person

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 03:20:36 AM EST
[ Parent ]
hollande has that same vibe of political inneffectuality that ed miliband has. way less toxic than tony blair, but basically the same third way function.

sucking up to the 1% while making transparently insincere noises about a fairer society...

It's a fine line between homage, parody, and consumer opportunism. Jess Walter

by melo (melometa4(at)gmail.com) on Sat Jun 16th, 2012 at 05:43:24 AM EST
[ Parent ]
Cabinet Office has no record of Gordon Brown's 'war vow' call to Rupert Murdoch - Press - Media - The Independent

The only recorded telephone contact between the then prime minister and Mr Murdoch in late 2009 was on November 10, when they apparently discussed Afghanistan, a Cabinet Office spokesman said today.

Mr Murdoch told the Leveson Inquiry in April that he had spoken to Mr Brown by telephone on or soon after The Sun switched its allegiance from Labour to the Conservatives on September 30, 2009.

He claimed Mr Brown accused the Murdoch empire of declaring war on the Labour government, which had no choice but to "make war" in turn.

Mr Brown told the Leveson Inquiry this week that the September call never took place.

...Sir Mervyn said he expected the scheme to be up and running "within a few weeks". Last night, the Treasury said it hoped the measures would increase annual lending flows to the economy by about 5 per cent, or £80bn.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:48:53 PM EST
[ Parent ]
Please Mr Murdoch, please have a recording of that conversation. Please release it.

Gordon Brown is such an oaf, I'd love to see him publicly fenestrated.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 03:22:51 AM EST
[ Parent ]
I love to see Murdoch publicly fenestrated even more. Not to mention to what extent Murdoch is responsible for Brown's oaf image.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Sat Jun 16th, 2012 at 06:58:19 AM EST
[ Parent ]
Murdoch is going down whatever; even tho' he's probably gonna get away with it here, I don't htink the yanks will be that forgiving.

But if he can take Brown down with him, that would be a service. If only we had some goods on Blair as well

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 07:39:31 AM EST
[ Parent ]
Brown is already down, and I don't see how going to war with Murdoch (if true) is something he should be going deeper down for. Caught lying on something related to his conduct of the economy or Iraq, that would be another thing.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Sat Jun 16th, 2012 at 07:45:32 AM EST
[ Parent ]
Where is Drew to defend Gordo when we need him?

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Migeru (migeru at eurotrib dot com) on Sat Jun 16th, 2012 at 10:14:27 AM EST
[ Parent ]
Pope Benedict Focuses on Legacy While Ignoring Vatican Power Struggle - SPIEGEL ONLINE
The mood at the Vatican is apocalyptic. Pope Benedict XVI seems tired, and both unable and unwilling to seize the reins amid fierce infighting and scandal. While Vatican insiders jockey for power and speculate on his successor, Joseph Ratzinger has withdrawn to focus on his still-ambiguous legacy.

...Since the end of May, the pope's former butler, Paolo Gabriele, has been detained in a 35-square-meter (377-square-foot) cell at the Vatican, with a window but no TV. Using the code name "Maria," he allegedly smuggled faxes and letters out of the pope's private quarters. But it remains unclear who was directing him to do so.

Even with Gabriele's arrest, the leak still hasn't been plugged. More documents were released to the public last week, documents intended primarily to damage two close associates of Pope Benedict XVI: his private secretary, Georg Gänswein, and Cardinal Secretary of State Tarcisio Bertone, the Vatican's top administrator. According to one document, "hundreds" of other secret documents would be published if Gänswein and Bertone weren't "kicked out of the Vatican." "This is blackmail," says Vatican expert Marco Politi. "It's like threatening total war."



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:49:06 PM EST
[ Parent ]
Who is in the other faction?

I'm no fan of The Ratz. But this looks lik an organised campaign against his administration. I'm curious about the other players and their possible motives.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Sat Jun 16th, 2012 at 02:44:37 AM EST
[ Parent ]
Yes, exactly. My money is on Dan Brown

Mind you, a Vatican in chaos is no bad thing in itself.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 03:24:52 AM EST
[ Parent ]
"The" other? The problem in finding those in the background is probably that there are several.

Pope Benedict Focuses on Legacy While Ignoring Vatican Power Struggle - SPIEGEL ONLINE

OAS_RICH('Middle3'); The Vatican is disintegrating into dozens of competing interest groups. In the past, it was the Jesuits, the Benedictines, the Franciscans and other orders that competed for respect and sway within the Vatican court. But their influence has waned, and they have now been replaced primarily by the so-called "new clerical communities" that bring the large, cheering crowds to Masses celebrated by the pope: the Neocatechumenate, the Legionaries of Christ and the traditionalists of the Society of St. Pius X (SSPX) and the Priestly Fraternity of St. Peter -- not to mention the worldwide "santa mafia" of Opus Dei.

They all have their open and clandestine agents in and around the Vatican, and they all own real estate and run universities, institutes and other educational facilities in Rome. Various cardinals and bishops champion their interests at the Vatican, often without an official or recognizable mandate. At the Vatican, everyone is against everyone, and everyone feels they have God on their side.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Sat Jun 16th, 2012 at 07:01:31 AM EST
[ Parent ]
Eurointelligence Daily Briefing: Spanish yields shoot through 7% (15 June 2012)
Spanish bond yields have continued to deteriorate, making a fully-fledged EFSF/ESM programme for Spain likely; Italian bond yields are also now well above 6%, as the markets are doubting Italy's sustainability as well; while southern Europe is burning, Angela Merkel gets in front of the Bundestag to list everything she does not want, including eurobonds and deposit insurance; says Germany should not be overburdened; also criticises Spanish policy to allow housing bubble to inflate in the last decade; Jens Weidmann says Spain must raise taxes, and cut spending even further; Luis Garicano says his preferred option would be a European equity injection into Spanish banks in return for a total ceding of sovereignty; Francois Hollande proposes his plan to save the euro: the ECB to supervise the 25 largest banks, an ESM-banking licence, and the right to inject equity; but Hollande is opposed to Merkel's designs for political union; of those proposals, Merkel indicated that she could support the principle of ECB bank supervision; Weidmann says his vision for a fiscal union consists of an automatic loss of sovereignty for countries that breach the fiscal rules; Alexis Tsipras said that if Spain can get €100bn without conditions, why can Greece not get the same, and stay in the euro; Antonis Samaras is portraying the political choice on Sunday as one between the euro and the drachma; France, meanwhile, is drawing up its own austerity programme.


If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Migeru (migeru at eurotrib dot com) on Fri Jun 15th, 2012 at 10:39:08 PM EST
[ Parent ]
Greece's Choice: Bargaining versus pleading   Yanis Varoufakis

Today, Greek voters are going to the polling stations torn by the momentous choice that they must make. Should they vote for a party (Syriza) promising to bargain with Europe for better terms and conditions or for parties (primarily conservative New Democracy and/or the socialist PASOK) that are, effectively, proposing to plead with Europe for better terms and conditions? Ostensibly, both sides of the argument are promising to negotiate with the troika (the European Central Bank, the European Union and the International Monetary Fund). However, in truth, the so-called pro-bailout parties (ND and PASOK) are running on a platform that any deal with Greece's official creditors is better than no deal. So, in view of the preceding definition of genuine bargaining, they are ruling genuine negotiations out, courtesy of their determination not to draw a `line in the sand'

The voters' dilemma gets worse because of the risks involved e.ither way. Pro-bailout parties argue against the `line in the sand' strategy because they believe that such a `line', if it must be adhered to (e.g. following a tough negotiating line by the troika), will lead Greece out of the euro, thus costing Greece more than toeing the troika's `line' (i.e. Greece is doing as it is told). In sharp contrast, Syriza is arguing (drawing upon the sorry experience of kowtowing to the troika's every whim during the past two years) that the greatest risk facing Greece is sticking to the present course of precipitous degeneration which inexorably, and speedily, leads Greece... out of the euro.

In the background of this dilemma, lies another fundamental difference of Greek opinion regarding Europe's handling of the Crisis in countries other than Greece. On the one hand, the pro-bailout parties maintain a touching faith in Europe's powerful nations to ride the present storm. While they concede that the past two years have been replete with a sequence of errors on the part of Berlin, Paris, Brussels and Frankfurt, pro-bailout parties are clinging on to the `theory' that "this is how Europe makes progress"; to the optimistic view that Europe will, in the final analysis, manage to do what is necessary in order to save the euro and, with it, snatch the European Ideal from the jaws of the unfolding disintegration. Based on this muted optimism, they argue that Greece's optimal strategy today is to do what it is told (even if what it is told makes little rational sense) so as to maximise its chances of staying within the European fold until Europe's long-awaited `final solution' to the Crisis arrives. Their nightmare scenario would see Greece fall out of the Eurozone just before the Eurozone is `fixed' through a combination of fiscal transfers, federal moves, debt mutualisation etc.

On the other side of the argument (which has, incidentally, been my own viewpoint for a long while now), a completely different view of what Europe is up to dominates. It is the view of European elites engulfed in a spectacular coordination failure that cannot resolve itself endogenously. They resemble American Pentagon generals of the early 1970s, who could see that the Vietnam War could not be won and was a train wreck in slow motion, but who had no means of combining this realisation into a coordinated attempt to change course. Similarly in the corridors of power in Northern Europe today, everyone can see that the Eurozone is heading for a major defeat, in the hands of this vicious Crisis, but no one dares speak the words that might lead to a collective, a European, re-set that will avert the inevitable disaster. In this view of developments in the European Metropoles, we need a circuit-breaker. Something must `give'. Some discontinuity is necessary, to interrupt the unfolding train wreck of the Eurozone. A Greek vote for a party, like Syriza, that is prepared to bargain (i.e. a party that is prepared to draw a `line in the sand') may provide this circuit-breaker. Through this prism, a Greek `no' to the troika is not in the slightest anti-European. Indeed, it is the only good service Greek voters can perform on behalf of the European Project.


Someone needs to stick a fork in the current delusion under which Euro policy is operating. If the heavens must fall in order to deal sensibly with the current madness then let them fall. If it takes down Wall Street then so much the better.

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 Sat Jun 16th, 2012 at 01:08:13 AM EST
[ Parent ]
Yes, that seems to be the real problem right now. Both the solution offered by Germany and the default it is supposed to prevent lead to the inevitable destruction of the euro.

Yet the solution which would prevent such a disaster is expressly forbidden by Germany.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 03:29:35 AM EST
[ Parent ]
 ECONOMY & FINANCE 


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:49:19 PM EST
Germany can't save everyone, says Merkel as Spain's problems mount - Europe - World - The Independent
Spain's 10-year borrowing costs breached 7 per cent yesterday, the highest level since the formation of the single currency, while the flames of the eurozone crisis spread closer to Italy.

Investors continued to dump Madrid's debt as investor confidence that the forthcoming €100bn (£81bn) bailout of the country's toxic banks would be sufficient to solve Spain's fiscal problems drained away. There were further signs of investor concerns over the sustainability of Italian debt too, with Rome forced to pay 5.3 per cent in a debt auction to raise three-year money yesterday, sharply up on the 3.9 per cent last month. Rome also sold €627m of bonds due in 2019 at an uncomfortably high yield of 6.13 per cent...

Even German borrowing costs have been rising from record lows in recent weeks, hitting 1.5 per cent for 10-year debt yesterday, as investors have begun to factor in the potential costs for the eurozone's powerhouse economy of bailing out the weaker members of the currency union.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:49:29 PM EST
[ Parent ]
Investors revise view of Germany as a safe haven | Business | DW.DE | 14.06.2012

German investment firm Pimco reduced the number of German government bonds in its portfolio because of low yields and rising debt worries, the leading German asset manager announced Wednesday.

"Germany is losing quality due to the increasing conditional liabilities that are piling up on the [federal government]," Andrew Bosomworth, head of Pimco portfolio management in Germany, told Reuters news agency.

Bosomworth attributed the loss in quality to the enormous burden likely facing the national budget from the billions of euros guaranteed by Germany under the EU rescue fund as well as other losses that might emerge if the eurozone debt crisis were to worsen.

Preferring safety over yield in its investment decisions, Pimco said it had started buying government bonds issued by the United Kingdom, Australia, Brazil and South Africa.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:49:37 PM EST
[ Parent ]
The question is: can she even save Germany with the policies she is following?

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 Fri Jun 15th, 2012 at 09:16:50 PM EST
[ Parent ]
No.

This has been another episode of "simple answers to simple questions"

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 03:30:28 AM EST
[ Parent ]
That doesn't matter. The question that matters is: can she convince the German public that it's all everyone else's fault?

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Migeru (migeru at eurotrib dot com) on Sat Jun 16th, 2012 at 04:18:29 AM EST
[ Parent ]


keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 06:08:52 AM EST
[ Parent ]
can she convince the German public that it's all everyone else's fault?

Probably until the consequences of events unfolding under the constraints she has insisted on bring great cost to Germany. Then, when she needs it the most, perhaps her German support will evaporate. Leadership does not consist of pandering to the ignorant prejudices of your electorate, but in convincing that electorate to support what needs to be done for the prosperity and security of the polity. Where she is on that spectrum will become more obvious to Germans, especially were, miracle of miracles, some charismatic German left political leader emerge and start making cogent critiques of the German status quo - perhaps someone from Die Linke.

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 Sat Jun 16th, 2012 at 01:41:48 PM EST
[ Parent ]
Probably until the consequences of events unfolding under the constraints she has insisted on bring great cost to Germany. Then, when she needs it the most, perhaps her German support will evaporate.

Unlikely, they'll probably fall back on some version of the Dolchstosslegende.

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa

by Migeru (migeru at eurotrib dot com) on Sat Jun 16th, 2012 at 06:33:02 PM EST
[ Parent ]
No. But the Germans know it?

"automphaloscopisme"

by PerCLupi on Sat Jun 16th, 2012 at 06:48:46 AM EST
[ Parent ]
Banking: King hits panic button - Business News - Business - The Independent
The Governor of the Bank of England and the Chancellor of the Exchequer last night announced measures designed to prevent a new credit crunch that would push Britain's economy deeper into recession. The move was a clear sign that the Governor and the Treasury are alarmed by the prospects for the economy in the face of potential financial shocks from the eurozone.


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:49:46 PM EST
[ Parent ]
Because without Greece etc the UK economy would be booming now.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Sat Jun 16th, 2012 at 02:45:55 AM EST
[ Parent ]
The thing is that they're just giving more money to the banks. Oh they dress it up with "this money has to be lent out blah blah blah".

But it won't be. It will be frittered away in dividends and bonuses, just like every other handout the banksters have received. And then they'll wonder why absolutely nothing has changed.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 03:32:34 AM EST
[ Parent ]
Yes, this will not solve the systematic insolvency King talked about in 2008.

US embassy cables: Mervyn King says in March 2008 bailout fund needed | Business | guardian.co.uk

The problem is now not liquidity in the system but rather a question of systemic solvency, Bank of England (BOE) Governor Mervyn King said at a lunch meeting with Treasury Deputy Secretary Robert Kimmitt and Ambassador Tuttle. King said there are two imperatives. First to find ways for banks to avoid the stigma of selling unwanted paper at distressed prices or going to a central bank for assistance.

It is all about avoiding the stigma for current bank owners and mangers of loosing ownership and jobs, so instead they are handed money to reward themselves with.

A vote for PES is a vote for EPP! A vote for EPP is a vote for PES! Support the coalition, vote EPP-PES in 2009!

by A swedish kind of death on Sat Jun 16th, 2012 at 02:56:01 PM EST
[ Parent ]
What a tragedy for the UK that Europe has imploded just a we were abou to begin the biggest Osborne-led boom since WWII.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Sat Jun 16th, 2012 at 05:31:33 AM EST
[ Parent ]
And how ironic that this implosion was occasioned by the Peoples Party, with which the Conservatives have been affiliated.

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 Sat Jun 16th, 2012 at 01:43:33 PM EST
[ Parent ]
 WORLD 


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:49:57 PM EST
Muslim Brotherhood decries vote to dissolve parliament | News | DW.DE | 15.06.2012
Egypt's Supreme Court ruled to dissolve the Islamist-dominated parliament on Thursday, effectively erasing parliamentary gains made by the Muslim Brotherhood during the country's troubled transition to democracy.

The court ruled that one-third of the seats in the legislative body were invalid due to violations of electoral law.

In a further setback to the Islamists, the court ruled that the last Prime Minister under ousted President Hosni Mubarak, Ahmed Shafiq, could stay in the running for the presidential runoff election this weekend. He is going up against the Brotherhood's Mohamed Morsy.

Senior Brotherhood leader and lawmaker Mohammed el-Beltagy described the ruling on Thursday as a "full-fledged coup," carried out by a ruling military establishment seeking to maintain their grip on power.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:50:06 PM EST
[ Parent ]
First thing the non-military folks have to do is "do a Syria" and dethrone the military. Sort it out after that.

http://www.youtube.com/watch?v=_wp4O7v5320
by THE Twank (yatta blah blah @ blah.com) on Fri Jun 15th, 2012 at 06:54:47 PM EST
[ Parent ]
Yes, but some people here suggested that right after last years revolution and were told they didn't understand anything.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 03:33:36 AM EST
[ Parent ]
Russia denies talks on post-Assad Syria - SYRIA - FRANCE 24

AFP - Russia on Friday denied holding discussions with other nations on a political transformation in its Soviet-era Syria that would include the departure of President Bashar al-Assad.

Foreign Minister Sergei Lavrov also stressed that Russia would insist on Iran joining any future international talks on the crisis.

Lavrov was speaking just a day after meeting US Deputy Secretary of State Bill Burns in Kabul for talks that Washington described as "constructive."

French Foreign Minister Laurent Fabius had earlier on Friday also mentioned discussing a post-Assad Syria with Russia.

Lavrov's denial was aimed at US media reports. Apparently some US diplomats were idiots to leak it to the media.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Fri Jun 15th, 2012 at 12:50:14 PM EST
[ Parent ]
Argentina demands Falklands talks - ARGENTINA - FRANCE 24

AFP - President Cristina Kirchner demanded Thursday that Britain start talks with Argentina over the Falkland Islands in a UN speech on the 30th anniversary of the end of their war over the disputed territory.

The two countries held rival commemorations to mark the end of Britain's military operation to end a 74-day Argentine occupation of the remote South Atlantic islands.

In London, Britain's Prime Minister David Cameron vowed to defend the Falklands against new "aggression" and said there could be no sovereignty negotiations.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:50:24 PM EST
[ Parent ]
I hope that Cameron's reply dismissed Kirchner with a brief economy of words, one of which was "off"

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 03:34:31 AM EST
[ Parent ]
The economy is tanking, poll numbers ditto, so let's rush into a war! Whene have I seen this before?

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Sat Jun 16th, 2012 at 07:09:05 AM EST
[ Parent ]
 LIVING OFF THE PLANET 
 Environment, Energy, Agriculture, Food 


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:50:36 PM EST
Bulgarians protest `mafia' Forest Act | EurActiv

The protests in Sofia have been led mainly by young people who denounced the "mafia' as being behind the law, which was adopted on Wednesday by the Bulgarian Parliament.

The Forest Act is seen by environmentalists as a "licence to kill" the Bulgarian forests, which in spite of poaching and abuse, still remain an important natural asset for the country and the continent. State forests and protected areas, the last significant public resource that has not yet passed into private hands in Bulgaria, occupy about 20% of the country's territory.

The new law enables the construction of ski slopes and lifts in previously protected areas, removing the obligation that the status of the land be changed for this purpose. Furthermore, it would allow the acquisition of building rights on public land without tender and for an indefinite period.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:50:47 PM EST
[ Parent ]
I see that it is a neo-liberal mafia in Bulgaria.

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 Fri Jun 15th, 2012 at 09:20:00 PM EST
[ Parent ]
The Sandanski law, the town is well placed to take advantage of this change immediately. Which makes me think it was probably pushed by some of the "known characters" in the area who will profit handsomely.

But it also means that all the people who have summer houses in the shanty town of Propinalaka (where the ski lift is planned to go) will probably lose them without compensation


keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 03:40:09 AM EST
[ Parent ]
News bites @ 10 | Athens News
8. WINDFARM APPROVED An application for a 498MW offshore wind farm northeast of the eastern Aegean island of Limnos has been approved, the Regulatory Authority for Energy (RAE) announced on Thursday. The 2bn euro project, comprising 81 wind turbines, will be the first of its kind in Greece and the third in size worldwide. City Electric SA (a subsidiary of RF Energy SA) is behind the project, which will be linked to the national energy grid and play an important role in meeting national renewable energy sources (RES) national targets by 2020. The wind farm will have a capacity of 1,692.3 GWh and will supply roughly 500,000 households with electricity. Its operation will contribute to cutting carbon dioxide emissions by roughly 1.7 tons annually.


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:50:58 PM EST
[ Parent ]
Siemens unveils "world's longest" wind turbine blade - Renewable Energy Focus
Siemens has unveiled the first batch of its new 75 metre-long wind turbine rotor blades, which it claims are the "world's longest".

The B75 Quantum rotor blades will be installed on the second prototype of Siemens' 6 MW offshore wind turbine, which will be erected in later this year in Denmark's Østerild Test Station.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:51:08 PM EST
[ Parent ]
Return of the Black Death: US man gets plague saving a mouse - Health News - Health & Families - The Independent
A man is critically ill in a hospital in Oregon with suspected plague, the disease that caused the Black Death, which wiped out 25 million people in 14th-century Europe.

The unidentified man, who is in his 50s, was reported to have been bitten on the hand while trying to save a mouse caught by a stray cat. He fell ill with a fever several days later and was admitted to hospital where doctors said he had classic symptoms of the disease. Laboratory tests are being carried out.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:51:23 PM EST
[ Parent ]
the moral of this story is;-

don't get between a cat and its dinner

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 03:41:31 AM EST
[ Parent ]
And so it begins...

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Migeru (migeru at eurotrib dot com) on Sat Jun 16th, 2012 at 04:20:22 AM EST
[ Parent ]
That sounds like the intro to a horror movie.
by IM on Sat Jun 16th, 2012 at 05:41:17 AM EST
[ Parent ]
 LIVING ON THE PLANET 
 Society, Culture, History, Information 


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:51:34 PM EST
Police arrest last fugitive in 1995 Tokyo subway gas attack - JAPAN - FRANCE 24

AP - Japanese police Friday arrested the last fugitive suspected in a doomsday cult's deadly nerve gas attack on Tokyo subways 17 years ago: the cult leader's former bodyguard, who was finally tracked down at a comic-book cafe.

Katsuya Takahashi, 54, a former member of Aum Shinrikyo cult, was arrested on suspicion of murder, a Tokyo police spokeswoman said on condition of anonymity, citing department rules. An employee at the downtown Tokyo cafe had recognized him and called police, she said.

Takahashi admitted who he was when approached by the police at the cafe.

His trail had been cold for years, but it heated up after another fugitive from the cult was arrested June 3. Thousands of officers had been hunting for him across the capital, handing out fresh photos of the suspect and monitoring transportation hubs to keep him from escaping.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:51:42 PM EST
[ Parent ]
Police Used Necromancer in Search for Zwickau Neo-Nazi Terror Cell - SPIEGEL ONLINE
For years, German law enforcement officials searched in vain for the people behind a baffling series of murders ultimately attributed to the Zwickau neo-Nazi cell. At one point, police in Hamburg even turned to an Iranian 'metaphysicist' for help -- but it only added more confusion to their hunt.

...According to their records, the necromancer told the police that he had made contact with the murdered greengrocer for 10 to 15 minutes via a female medium while staying in a rental apartment in Hamburg. He said he was told the murder had been "unplanned," that an "injustice" was behind the deed and that drugs might have played a role. The victim had been "in contact with a gang," he reportedly continued, made up of up to eight "motorcyclists/bikers," one that might have been known to the police but had "no high degree of organization."

...Today, officials in Hamburg know that what the Iranian told them bears little in common with the actual facts of the murder. But at the time, the information from the other world appears to have interested police officials there enough to run a cross-check with their in-house information system. The search turned up nothing.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:51:51 PM EST
[ Parent ]
New Statesman - The despair of the dissenting government expert

Margaret Brown, a professor of education at King's College, London, did go on the record. The new curriculum, she said, "encourages the rote teaching of disparate skills and discourages the buildup of understanding, problem-solving and enjoyment of maths." The people drawing up the reforms "ignored all advice from the maths community, ACME [the Advisory Committee on Maths Education] and others," Brown said, adding that the reforms "will be guaranteed to create failure, not to reduce it."

I overheard one researcher suggesting this might be a deliberate policy, a "charter for private tuition." Sainsburys, after all, offer tuition for your children while you shop, so the rise in failing students will create a market opportunity.

As a ray of hope, I'll admit that not all experts are down on all the reforms. Conrad Wolfram, the computer genius whose company runs the software behind Apple's Siri, has some positive things to say at his blog. But, despite the good bits, the new curriculum presents "a broadening chasm between government's view of maths and the real-world subject". Many of the proposed subjects are no longer relevant to the modern world, he says: it's like teaching your kids how to rub sticks together to make fire but not teaching them how to cross roads.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Sat Jun 16th, 2012 at 09:05:44 AM EST
[ Parent ]
 PEOPLE AND KLATSCH 


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:52:02 PM EST
'Sweden are not France', says confident Gerrard - EURO 2012 - FRANCE 24
England's captain Steven Gerrard was confident of gaining a victory against Sweden in Friday's Euro 2012 group D clash, claiming their opponents were 'not as good as France'. England have yet to beat Sweden in a competitive match.

A nice way to fire up... the opponent.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Fri Jun 15th, 2012 at 12:52:10 PM EST
[ Parent ]
Thanks Steve. Thanks a bunch. Next time, dismiss your oppnents on the pitch before you dismiss them off it.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 03:43:16 AM EST
[ Parent ]
Armstrong faces new doping charges - CYCLING - FRANCE 24

The U.S. Anti-Doping Agency has filed formal charges against the seven-time Tour de France winner, threatening to strip him of his victories in the storied cycling race.

Armstrong, who forcefully denied the accusations, could face a lifetime ban from the sport if he is found to have used performance-enhancing drugs. The move by USADA immediately bans him from competing in triathlons, which he turned to after he retired from cycling last year.

Armstrong has been dogged by doping allegations since his first Tour victory in 1999, but had hoped his fight to be viewed as a clean champion was finally won after U.S. federal prosecutors closed a two-year criminal probe in February without bringing any charges. Armstrong has said the investigation took a heavy emotional toll and he was relieved when it ended.

But USADA officials insisted they would continue to pursue their own probe into Armstrong and his former teams and doctors, and notified him of the charges in a 15-page letter on Tuesday. Unlike federal prosecutors, USADA isn't burdened by proving a crime occurred, just that there was use of performance-enhancing drugs.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:52:18 PM EST
[ Parent ]
of course he was doping, he's a pro cyclist.

What do you call a cyclist who doesn't use dope ? Loser

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 16th, 2012 at 03:44:18 AM EST
[ Parent ]
Controversial French philosopher Garaudy dies - OBITUARY - FRANCE 24
France's Roger Garaudy, a famous philosopher and communist best known for his controversial views on the Holocaust and his anti-Zionist work "The Founding Myths of Israeli Politics", died at the age of 98 on Wednesday just outside of Paris.


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 15th, 2012 at 12:52:28 PM EST
[ Parent ]


It's a fine line between homage, parody, and consumer opportunism. Jess Walter
by melo (melometa4(at)gmail.com) on Sat Jun 16th, 2012 at 11:25:34 AM EST
[ Parent ]
Enough of this idleness ...  off to work.



Ever since I learnt about confirmation bias I've started seeing it everywhere

by ATinNM on Sat Jun 16th, 2012 at 11:30:23 AM EST
[ Parent ]


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