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2 - 8 Oct 2017

by Bjinse Tue Oct 3rd, 2017 at 07:33:03 PM EST

Your take on this week's news


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by Bjinse on Tue Oct 3rd, 2017 at 07:34:01 PM EST
by generic on Wed Oct 4th, 2017 at 12:54:54 PM EST
[ Parent ]
by gk (gk (gk quattro due due sette @gmail.com)) on Wed Oct 4th, 2017 at 01:08:38 PM EST
[ Parent ]
by generic on Wed Oct 4th, 2017 at 04:13:47 PM EST
[ Parent ]
Even the backdrop is telling them to F off

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Oct 5th, 2017 at 12:11:32 PM EST
[ Parent ]
Revenue report finds open customs border impossible after Brexit | RTÉ News | 08/10/2017
An internal report by the Revenue Commissioners has spelled out the enormous physical and economic impact Brexit will impose upon both Ireland's customs infrastructure, and on the tens of thousands of companies who trade with the UK.

The unpublished report, seen by RTÉ News, sets out in stark detail the vast increase in paperwork, human resources and physical space requirements at ports and airports.

The report also declares that an open border between Northern Ireland and the Republic will be impossible from a customs perspective.

by Gag Halfrunt on Sun Oct 8th, 2017 at 11:40:02 AM EST
[ Parent ]
Spiegel
Außenminister Sigmar Gabriel (SPD) rechnet in diesem Fall nicht nur mit hohlen Worten - des US-Präsidenten, sondern mit einem tatsächlichen Ausstieg der USA aus dem Abkommen. Das könnte weitreichende Folgen haben, warnt der Vizekanzler: "Es ist sehr unwahrscheinlich, dass Nordkorea einem Abrüstungsabkommen zustimmt, wenn der Iran-Deal scheitert", sagte er in Berlin.
Couldn't he just have said "Es ist sehr unwahrscheinlich, dass Nordkorea einem Abrüstungsabkommen zustimmt"?
by gk (gk (gk quattro due due sette @gmail.com)) on Mon Oct 9th, 2017 at 02:33:25 PM EST
[ Parent ]

And while the catalyst for the protests differs between unions, the main factor is the government's plan to remove tens of thousands of public service jobs, plus the recently imposed pay freeze, threats against paid sick leave and the recently introduced raft of labour reforms.  

I suppose, ET's correspondents in France are preparing tonight essays regarding the labor value of EUR ... in Germany.

Diversity is the key to economic and political evolution.

by Cat on Mon Oct 9th, 2017 at 08:20:36 PM EST
[ Parent ]
another one
LOCAL/AFP | Merkel backs 'unity of Spain' in call with Rajoy
[DE spokesman Steffen Seibert] also said then that Merkel was not seeking to mediate between parties in the Spanish dispute.


Diversity is the key to economic and political evolution.
by Cat on Mon Oct 9th, 2017 at 08:28:16 PM EST
[ Parent ]
The defiant one's carrying pickets in English?

source: Workers' rights in Germany: Not everyone can go on strike

source: French workers strike against Macron's economic reforms
Surely they must know the international languages of division and money is Russian.

Diversity is the key to economic and political evolution.
by Cat on Wed Oct 11th, 2017 at 07:39:50 PM EST
[ Parent ]
English internationalises your message. These issues are all over europe, all over the world. So spread the word in English (well American really - yanks speak almost the same language as the english)

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 11th, 2017 at 08:18:50 PM EST
[ Parent ]
jeez, neoliberalism hit's France 40 years late, just at the point when the rest of the world realises what a load of fraudulent crock it really was

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 11th, 2017 at 08:15:56 PM EST
[ Parent ]
idunno ... there was that Sarkozy episode ...

Diversity is the key to economic and political evolution.
by Cat on Wed Oct 11th, 2017 at 08:54:04 PM EST
[ Parent ]
The Independent | Prepare for no-deal Brexit, Theresa May warns Britain

Theresa May has warned the British public to prepare for crashing out of the EU with no deal, setting out emergency plans to avoid border meltdown for businesses and travellers.

As hopes of an agreement appeared to fade at home and abroad, the Prime Minister - for the first time - set out detailed "steps to minimise disruption" on Brexit day in 2019. They included plans for huge inland lorry parks to cope with the lengthy new customs checks that will be needed - to avoid ports becoming traffic-choked.



You might find me At The Edge Of Time.
by Luis de Sousa (luis[dot]a[dot]de[dot]sousa[at]gmail[dot]com) on Tue Oct 10th, 2017 at 06:55:30 AM EST
[ Parent ]
Not a word on the new IT system that is supposed to come on line a few months before Brexit, and will probably not work at the start - and was planned on the scale of typical pre-Brexit number of transactions. How do the emergency plans deal with this?
by gk (gk (gk quattro due due sette @gmail.com)) on Tue Oct 10th, 2017 at 07:01:39 AM EST
[ Parent ]
Planning?? Planning?? We don't need no stinking planning !!

We're British, we have people do that for us. Too much ruffle interferes with tiffin, doncha know?

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 11th, 2017 at 08:23:37 PM EST
[ Parent ]
Best Alternative to No Agreement (BATNA)

The trajectory of consequences attributable to this judgment is set for future EU member-states considering secession.

Diversity is the key to economic and political evolution.

by Cat on Tue Oct 10th, 2017 at 12:59:16 PM EST
[ Parent ]
So that's the M20 turned into a car park - again!!!.

Frankly, I think it's easier for the tories to plan for no deal than reveal their incompetence by fucking up a proper one. Far better to blame devious and deceitful Johnny Foreigner in Brussels than admit you're useless at your job.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 11th, 2017 at 08:21:44 PM EST
[ Parent ]
Global rail news
Waterside railway station in Londonderry is to be transformed thanks to funding from the European Union (EU).

An award of €23.5 million will be supplemented by €8.7 million from the Northern Ireland Executive to create an "iconic new multi-modal transport hub" for the north west.

It is hoped the new station - which will include a refurbished train terminus, bus stands, a park and ride facility and retail shops - will boost the number of people using public transport for cross-border travel.

by gk (gk (gk quattro due due sette @gmail.com)) on Tue Oct 10th, 2017 at 09:13:34 AM EST
[ Parent ]
Sounds like a good distribution point for humanitarian aid in 2022.
by Colman (colman at eurotrib.com) on Tue Oct 10th, 2017 at 09:25:04 AM EST
[ Parent ]
Potatoes?
by gk (gk (gk quattro due due sette @gmail.com)) on Wed Oct 11th, 2017 at 07:52:30 AM EST
[ Parent ]
Mostly artisan cheese these days I think.
by Colman (colman at eurotrib.com) on Wed Oct 11th, 2017 at 09:29:41 AM EST
[ Parent ]
Well, as Cat might say,  - sheds tear


keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 11th, 2017 at 08:25:03 PM EST
[ Parent ]
The Guardian
Q: Has the Treasury conducted an analysis of the costs and benefits of Brexit?

Hammond says the Treasury had conducted many analyses. It depends what you mean by Brexit.

by gk (gk (gk quattro due due sette @gmail.com)) on Wed Oct 11th, 2017 at 10:22:02 AM EST
[ Parent ]
something like this probably



keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 11th, 2017 at 08:27:54 PM EST
[ Parent ]
Independent
Thomas Cook is preparing to invoke, if necessary, a little-noticed clause that it introduced to its terms in 2017: that in the event of "airspace closures", it has no liability for compensation, expenses or losses.
by gk (gk (gk quattro due due sette @gmail.com)) on Thu Oct 12th, 2017 at 09:57:07 AM EST
[ Parent ]
Actually, I doubt it's the Independent's fault. They probably got this story from some news agency (or Google translate?). Anyway, Independent
An Italian woman has been granted sick pay after taking time off to care for her ill dog.

The unnamed academic, from Rome's La Sapienza University, brought her fight to the courts arguing she deserved to be compensated for the two days she had taken to care for her pet.

Repubblica
Una dipendente amministrativa dell'Università La Sapienza ha dimostrato che lasciare da solo il cane sarebbe stato un maltrattamento.
As for taking the fight to the courts, she actually just got an opinion from LAV that she had a right to sick pay, and the university simply agreed.
La Lav, alla quale la donna si è rivolta per una consulenza, attraverso il presidente Gianluigi Felicetti e l'ufficio legale ha rintracciato alcune sentenze della Cassazione, che stabilivano che la mancata cura di un animale configura il reato di maltrattamenti.

L'impiegata ha potuto sostenere così che, se non avesse assistito il suo cane, avrebbe commesso un reato. L'Università, ricevuto anche il certificato del veterinario, le ha concesso il permesso.

by gk (gk (gk quattro due due sette @gmail.com)) on Thu Oct 12th, 2017 at 05:21:41 PM EST
[ Parent ]
by Bjinse on Tue Oct 3rd, 2017 at 07:34:04 PM EST
Commission orders Amazon to pay €250 million in back taxes
The European Commission ordered Luxembourg on Wednesday (4 October) to recover unpaid taxes worth around €250 million from the online sales giant Amazon

Eurodad?
The same day, the Commission also decided to refer Ireland to the European Court of Justice for failing to recover from Apple illegal state aid worth up to €13 billion, as required by a previous Commission decision from August 2016, which Ireland has appealed.

indidentally: Amazon Faces Court Battle on State Tax Records

The Massachusetts Department of Revenue issued a directive days after the policy change, requiring out-of-state retailers to collect sales tax if they had more than 100 transactions in the state and collected at least $500,000 in revenue in 2016. [...] Massachusetts revenue officials sent Amazon their first records demand on Aug. 31, 2017, seeking information about all the third-party companies that do business through Amazon that have stored products in Massachusetts since 2012.

archived: "yanno, That $13B tax judgment against Apple (no arrests, there) ..."

btw, Where is Christine "IMF Mistress of Tax Evader CDs" Lagarde?

Diversity is the key to economic and political evolution.

by Cat on Wed Oct 4th, 2017 at 05:33:04 PM EST
[ Parent ]
On the Apple and Ireland subject, two recent diaries by Frank:
Ireland to appeal Apple Ruling
Global tax competition and its reduction
by Bernard on Wed Oct 4th, 2017 at 08:20:43 PM EST
[ Parent ]

courthousenews front page, 10 Oct 2017
behind a front-man, IMF chief economist Maurice Obstfeld

Diversity is the key to economic and political evolution.
by Cat on Tue Oct 10th, 2017 at 07:25:27 PM EST
[ Parent ]
picking up speed eh? Rocks do that when they fall off cliffs

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 11th, 2017 at 08:29:40 PM EST
[ Parent ]
The Guardian | Brexit transition deal needed by Christmas, says Bank official

A top official at the Bank of England has warned the government it has less than 12 weeks to agree a transition deal with the EU to prevent City firms starting to move jobs and business out of the UK.

Sam Woods, a deputy governor at the Bank, said City firms would activate their Brexit contingency plans if there was no deal on a transition period by Christmas which would mitigate the impact of a hard Brexit in March 2019. Woods also repeated his warning of the strain being put on the Bank's ability to police the financial sector as a result of the changes firms needed to make.



You might find me At The Edge Of Time.
by Luis de Sousa (luis[dot]a[dot]de[dot]sousa[at]gmail[dot]com) on Thu Oct 5th, 2017 at 09:16:21 AM EST
[ Parent ]
I think it's too late. They've put in too much effort to let go now.

The banks have already committed to re-locating various parts of their organisation, they've already done the logistics and real estate hmework. Large parts of the organisation have already identified the cost savings from re-organisations, rationalisations and down-sizing. They've worked out who's going and who's being let go.

And frankly, they're many things but they're not daft. They can pretend that there were many reasons to pretend that it was business as usual in the run up to 2008, but they know, absolutely, that in March 2019 the UK economy will crash like a runaway train going round a tight bend. They know that vast swathes of their business will simply die, overnight at the stroke of midnight. Turn out the lights, we won't need them anymore.

The gig's up. The City will go from Global Player to provincial backwater. And nothing the Tories do now is going to change that. Unless they turn around and announce that invoking A50 was all some grand jest and they're all very sorry but can we go back to normal now please.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Thu Oct 5th, 2017 at 12:21:23 PM EST
[ Parent ]
Bitcoin's Rise Happened in Shadows of Finance. Now Banks Want In
< wipes tears >

More interesting, I just noticed, Bloomberg is soliciting insider tips ... under color of WilkiLeaks-like xtreme anonymnity. Lemme test Firefox v.56 screen cap.

(a bit counterintuitive UI)

Diversity is the key to economic and political evolution.

by Cat on Thu Oct 5th, 2017 at 03:13:44 PM EST
[ Parent ]
14 days

Diversity is the key to economic and political evolution.
by Cat on Thu Oct 5th, 2017 at 03:14:25 PM EST
[ Parent ]
Netflix Sues Colorado Town Over $116K Sales-Tax Bill
"During the streaming process, subscribers view a reflection of plaintiff's video content. The reflection is streamed to a subscriber's device using pulses of light and data packets that are sent through the internet, hit the screen of the subscriber's device for a split second in succession and then immediately disappear."


Diversity is the key to economic and political evolution.
by Cat on Thu Oct 5th, 2017 at 09:48:30 PM EST
[ Parent ]
Interesting.

Guess they will have to change "you wouldn't steal a car" to "you wouldn't steal pulses of light and data packets that are sent through the internet, hit the screen of the subscriber's device for a split second in succession and then immediately disappear, because you can't, it is not a thing".

by fjallstrom on Fri Oct 6th, 2017 at 12:35:05 PM EST
[ Parent ]
Well, the city's tax is on the sale of tangible property. So the argument is about what is tangible. Electrons can shock you and photons can give your skin a burn. Does that count as tangible? Simpler to enact a tax on entertainment services delivered to the residents of the city. Then get in line to await court decisions. But don't hold your breath. SCOTUS now has a 5 R majority so 'No New Taxes' could be the law of the land.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Oct 6th, 2017 at 03:10:02 PM EST
[ Parent ]
Yes, this is an issue for litigation long over-due.

There is semantic interpretation of a property's properties to be resolved (hence, questionable diction in the pleading: "reflection" [?!]).

  1. physical identity of electrons (each and every instance) stored by data-type (pixel) declared, executed by "client-side" device (CPU application) which is personal property of the "end-user".

  2. accounting identity of the property transferred, or sold. Usage of "tangible" (contra "intangible") is GAAP-specific jargon for purposes of asset (read: produces income) qualification and NP valuation (eg. goodwill is intangible asset, contra patent/contract-related tangible assets).

Usage of tangible is also legal-specific jargon for purposes of assigning property ownership. In practice, assignments of "tangible attributes to personal property are broad and dichotomous.

The contract [EG. LICENSE] document (or the oral agreement) it-self  is not the intangible asset. The legal rights and duties of  the contract are the intangible asset.

What is a tangible service?. Given practicable ambiguity, one would have expected defendant to argue, transfer of property right is not executable; the asset is not sold, but licensed by the end-user (specified in service contract).

There is point-of-sale (POS) as applicable to collection of sales tax needing definition.

In the USA, unlike RoW VAT applications, transfer of a finished good typically defines POS in the so-called supply- and value-chains of production: the terminal. Profit ("value-added") attributable to transaction at any intermediate production point prior to final sale is indemnified, ie. prior transactions not subject to tax collection by the seller. Given each instance a buyer acquires the *good is measurable and finite (physical properties of transaction and terms of contract) ...

Are client-side pixels animated by server-side electrons finished goods subject to sales tax?

:: courts' judgments forthcoming
could have profound implications for definition and severability of personal property rights inherent in "user-defined" computing product. Apart from ubiquitous use of contracts of adhesion by ISP "platform" publishers, for example, AFIAK, USC draws property right distinctions between the electronic ("digital") product and "source code" (unique human person) on which the digital copy wholly relies for production of an electronic health record (EHRs). EHR producers are free to charge a fees for each and every copy of the EHR requested by the source-code "owner".


Diversity is the key to economic and political evolution.

by Cat on Tue Oct 10th, 2017 at 02:56:58 PM EST
[ Parent ]
"one would have expected defendant to argue" s/b plaintiff to argue ...". Netflix is plaintiff; City of Loveland is defendant ("respondent"). NB. The article does not supply Loveland brief.

p3-, 8 - 24 of plaintiff's brief identifies Loveland construction of audit and assessment of tax owed from Colorado statutes.

8. The Notice states that sales tax is due from Plaintiff on "sales/rental of tangible personal property" for which the sales tax was not charged to the customers or remitted to the City.

[emphasis added]

Plaintiff's argument @ 23-24 for indemnity relies on purportedly undefined terms, and semantic values, of "corporeal," "possession," and "use" EXCLUDING categorical definition  "all ... products and commodities" provided by citation to the language.

Doubtless because arguing that "service" exchanged for money ("consideration") is NOT a commodity --"something produced for commerce"-- ergo NOT a "tangible personal property" is more difficult to defend. The service produces a specific, "corporeal" product. < wipes tears >

DICTION, not emojis must adapt or die, ppl!

Diversity is the key to economic and political evolution.

by Cat on Tue Oct 10th, 2017 at 04:38:11 PM EST
[ Parent ]
If a non-customer "steals" these packets, presumably the same argument applies. How does netflix claim that one is theft and the other is non-taxable?
by gk (gk (gk quattro due due sette @gmail.com)) on Tue Oct 10th, 2017 at 03:06:30 PM EST
[ Parent ]
And not so long ago, telecom owner/operators ("public utilities") charged a fee for each and every use instance, "the phone call." The telecom owner/operator collected tax attributed to services, tangible and intangible, supplied with the call to the end-user, "the rate-payer".

What definition(s) of telecom calls and services has changed that indemnify "ISP" operator, buyer, and seller tax liabilities?

Diversity is the key to economic and political evolution.

by Cat on Tue Oct 10th, 2017 at 03:24:14 PM EST
[ Parent ]
Immense pressure is building in the UK economy. Either there will be a recession triggered by an interest rate rise or another serious dive of the Sterling.

The Independent | UK trade deficit at record high after pound slump fails to help export performance

The UK racked up a record trade in goods deficit in August, confirming the failure for the slump in sterling to help improve the UK's trade balance.

The Office for National Statistics reported that the UK exported £28.1bn of goods in the month and imported £42.4bn, leaving a deficit of £14.2, the highest on record.

Imports of chemicals, machinery and textiles all jumped, according to the ONS.

Over the three months to August exports fell 2.7 per cent while imports rose 3.9 per cent.



You might find me At The Edge Of Time.
by Luis de Sousa (luis[dot]a[dot]de[dot]sousa[at]gmail[dot]com) on Wed Oct 11th, 2017 at 09:10:09 AM EST
[ Parent ]
Imports are getting more expensive. Because of a cheaper sterling. It's all the Eurocrats' fault, as usual.
by Bernard on Wed Oct 11th, 2017 at 06:21:00 PM EST
[ Parent ]
the tories have got no idea how to boost the productive economy cos they've spent 40 years destroying it so that their mates in the City can loot and plunder tax free.

Now they have to earn their corn honestly and the very idea is beyond their grasp.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 11th, 2017 at 08:33:05 PM EST
[ Parent ]
by Bjinse on Tue Oct 3rd, 2017 at 07:34:12 PM EST
Ha'aretz
In a meeting last month with UN Secretary-General Antonio Guterres, U.S. President Donald Trump termed Prime Minister Benjamin Netanyahu the harder side to convince in his efforts to broker an Israeli-Palestinian peace deal, according to seven Western and Israeli sources who were either present at or briefed on the meeting.
Reuters
President Donald Trump said on Tuesday while on a trip to Puerto Rico to observe hurricane recovery efforts that the island's massive debt will have to be wiped out.

"They owe a lot of money to your friends on Wall Street and we're going to have to wipe that out. You're going to say goodbye to that, I don't know if it's Goldman Sachs but whoever it is you can wave goodbye to that," Trump said in an interview with Fox News.

It won't last.
by gk (gk (gk quattro due due sette @gmail.com)) on Wed Oct 4th, 2017 at 06:33:42 AM EST
[ Parent ]
Or maybe it will last.... Naked Capitalism reports on who owns the debt. It isn't G-S.
That mystery has finally been solved, with the help of the The Baupost Group, who unmasked themselves to The Intercept. The Baupost Group, a Boston-based hedge fund managed by billionaire Seth Klarman, owns nearly a billion dollars of Puerto Rican debt, purchased under a shell company subsidiary and hidden from public scrutiny. Baupost acquired the debt through an on-paper Delaware-based corporation named Decagon Holdings LLC, whose beneficial owner had been unknown until now.

[...]

He is known as the top campaign contributor in New England, and has been a major donor in Republican politics in Massachusetts, including largely secret support for 2016's Question 2, an ultimately unsuccessful effort to lift a state cap on charter schools. Klarman supported Hillary Clinton in 2016, calling Trump "completely unqualified for the highest office in the land."

by gk (gk (gk quattro due due sette @gmail.com)) on Wed Oct 4th, 2017 at 06:47:39 AM EST
[ Parent ]
Another case of misplaced precision. "Paul Singer" is a trope; "Jesus" is a trope. These tropes denote a two beliefs, or "value," systems expressed by people and the predictable outcome of each.

Diversity is the key to economic and political evolution.
by Cat on Wed Oct 4th, 2017 at 05:11:21 PM EST
[ Parent ]
It won't last.

Sure it will ... I saw an article and I was just thinking about this. I thought, "The Emperor is doing something nice for the little people ... this is a first ... what's the catch?"  And then I realized,

The U.S. Federal Govt. ONLY exists for the enrichment of the already rich.  After all, those are the people/entities which do all of the lobbying/bribing. Puerto Rico is now ... and God knows for how long in the future ... incapable of servicing ANY debt.  I.E. the rich debt holders are screwed unless ... wait for it ... th U.S. taxpayer pays off the debt holders and it all goes to swell the current U.S. debt.  Who's going to notice or complain about the extra U.S. debt?  Nobody.  Just watch.  

An aside.  Now that I'm officially an "old fuck" I was thinking about some college level seminar courses I'd like to see that might make good (great?) diaries. Any takers?

My allegiance to the human species ends at the California border.

by THE Twank (yatta blah blah @ blah.com) on Wed Oct 4th, 2017 at 06:54:14 AM EST
[ Parent ]
The most regarded post-WWII institutions - IMF, World Bank, GATT/WTO, Euro, ES, CIA, even UN - all work for the creditor class everywhere from the get go.
by das monde on Wed Oct 4th, 2017 at 10:11:08 AM EST
[ Parent ]
Why didn't they teach me that in high school? The world would have made so much more sense.

My allegiance to the human species ends at the California border.
by THE Twank (yatta blah blah @ blah.com) on Wed Oct 4th, 2017 at 11:52:50 AM EST
[ Parent ]
The public school system also works for the creditor class.
by gk (gk (gk quattro due due sette @gmail.com)) on Wed Oct 4th, 2017 at 11:56:41 AM EST
[ Parent ]
This call to forgiven odious debt of the PR is consistent with Mr Trump's earlier, campaign-season ideas of US "strategic default." Do you remember? That was met by incredulity of Enemy of the People, not mention the US Congress. Of course, never mention the US Congress.

US Congress passed PROMESA. So, no. The decision is not Mr Trump's to make.

Puerto Rico Oversight, Management, and Economic Stability Act 06/30/2016 Became Public Law No: 114-187.

archived:
It all began in Rhode Island 2013
Quick! Park your billions in P. Rico 2015
Jones-Shafroth of 1917 and the Puerto Rico Federal Relations Act of 1950 2017

Diversity is the key to economic and political evolution.

by Cat on Wed Oct 4th, 2017 at 06:07:10 PM EST
[ Parent ]
It's also consistent with his whole real estate career. But his view seems to have been that he (now the US) can default on anyone, but woe to anyone who dares to default on him.
by gk (gk (gk quattro due due sette @gmail.com)) on Wed Oct 4th, 2017 at 06:33:51 PM EST
[ Parent ]
My point is, the US Congress will not permit PR default --OR-- loan forgiveness for PR --NOR-- will it intervene in civil litigation by PR creditors to mitigate PR's debt service burden. IT IS WRITTEN.

Furthermore, PR "territory" status offers no recourse to restructure debt such as available to US states and municipalities (eg. Detroit judgment, based on fraudulent CDO marketing which convected the mayor!)


Diversity is the key to economic and political evolution.

by Cat on Wed Oct 4th, 2017 at 07:12:33 PM EST
[ Parent ]
The THREAT to allow default may have been directed at the Baupost Group. Give them heartburn while they are having lunch. After all they were led by a big contributor to Hillary and said nasty things about T. A way of saying "If the opportunity arises you will REALLY get screwed if I have anything to say about it."

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Oct 5th, 2017 at 04:05:29 AM EST
[ Parent ]
A "threat" by Trump is implausible. A "threat" by US Congress is actionable. That's the way this world turns, regardless of hysterical press headlines.

Yesterday's VOA/NPR reaction, for example, to Trump's one-liner was ridiculous, nothing but assurances that Trump cannot unilaterally "wipe that out," PR debt.

EX.A Trump's Remarks About Erasing Puerto Rico's Debt Jolt The Markets LISTEN

...The president appeared to walk that back ...

US press response is ridiculous, not only because Enemy of the People piled its story of his DEPOTISM, NEPOTISM, & TYRANNY into a corner from which there is no logical exit; The likelihood of these paid pubic intellectuals finally admitting, Trump alone is not responsible for US gov predicaments, is nil; and "our" assets are sacrosanct.


Diversity is the key to economic and political evolution.

by Cat on Thu Oct 5th, 2017 at 01:46:39 PM EST
[ Parent ]
 - "A "threat" by Trump is implausible. A "threat" by US Congress is actionable. That's the way this world turns, regardless of hysterical press headlines."

Well, it takes both in a lot of cases, and then it has to get past the judiciary. But there are instances in which executive discretion can be a worry: waiving the Jones Act and declaring national emergencies being two recent and obvious examples. And then there is prosecutorial discretion. In this case the Attorney General reports to the president, but we can be comforted that most attorneys general will feel considerable constraint from the actual law. And that may or may not apply to Jeff Sessions - depending...


"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Oct 5th, 2017 at 01:59:42 PM EST
[ Parent ]
just no. Stop with the mental gymnastics, you'll only end up where I started. Trump cannot unilaterally extinguish PR debt. There is no will in US Congress to extinguish PR debt. And PR has no authority to extinguish its debts that can be found in USC (cited above).


Diversity is the key to economic and political evolution.
by Cat on Thu Oct 5th, 2017 at 02:34:15 PM EST
[ Parent ]
True that he cannot unilaterally extinguish PR debt. But he could do a lot of other things. That was what I was saying. A mobster might not be able to send one to jail, but there are a lot of alternative actions they could take.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Oct 6th, 2017 at 04:36:19 AM EST
[ Parent ]


Diversity is the key to economic and political evolution.
by Cat on Thu Oct 5th, 2017 at 02:44:49 PM EST
[ Parent ]
"While she was speaking, several letters fell off the slogans behind her on the stage. "

The 61-year-old May won standing ovations for pressing on with the hour-long address, in which she took a more personal tone - saying she did not mind being called the "Ice Maiden" and describing her "great sadness" at not having children.

m'k.

Diversity is the key to economic and political evolution.
by Cat on Wed Oct 4th, 2017 at 05:18:44 PM EST
[ Parent ]
by das monde on Fri Oct 6th, 2017 at 02:24:30 AM EST
[ Parent ]
Losses Mount at Trump's Scottish Resorts
The report from Britain's Companies House released late Friday showed losses last year more than doubled to 17.6 million pounds ($23 million). It was the third year in a row of losses. Revenue also fell sharply.

How's the family garment business in Russia and China doing? About as well as Macy's department stores.

So. It looks like Enemy of the People need either to invent brand-name profits or investigate unreported income attributable to federal business in order to prove Trump's a racketeer. My advice: always go for conspiracy to commit mail or wire fraud (unless your target is a Democratic Party candidate). In that case, donor contributions applied to primary candidate opposition advertising don't count as a crime.

archived: Maryland and District of Columbia Sue Trump Over His Businesses - NYT
Trump Reveals Flat Revenue at Controversial Washington Hotel


Diversity is the key to economic and political evolution.

by Cat on Mon Oct 9th, 2017 at 06:28:43 PM EST
[ Parent ]
Not as entertaining as the appropriately named 666 5th Ave (yes, Trump really is the Antichrist).
by gk (gk (gk quattro due due sette @gmail.com)) on Mon Oct 9th, 2017 at 06:31:43 PM EST
[ Parent ]
Is it kabbalah, gnostic christian, or christian gnostic allegory that never gets old? You be the judge.

Diversity is the key to economic and political evolution.
by Cat on Mon Oct 9th, 2017 at 06:42:59 PM EST
[ Parent ]
I guess Scotland needs a hurricane

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 11th, 2017 at 08:34:41 PM EST
[ Parent ]
But it will hit Ireland first

Ophelia is expected to transition to a hurricane-force post-tropical cyclone by Monday when it moves near Ireland and the United Kingdom.  While post-tropical Ophelia will likely bring some direct impacts from wind and heavy rain to portions of these areas, as well as dangerous marine conditions, given the forecast uncertainty at these time ranges it is too soon to determine the exact magnitude, timing and location of the impacts.  Residents in Ireland and the United Kingdom should monitor the progress of Ophelia for the next several days.

 

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Thu Oct 12th, 2017 at 05:38:26 PM EST
[ Parent ]
"Post-tropical", I have to look up that. o! It's like a "subsidiarity," like, not wholly-owned by the weather wut brung it.

A post-tropical cyclone is a former tropical cyclone.

Diversity is the key to economic and political evolution.

by Cat on Thu Oct 12th, 2017 at 06:16:12 PM EST
[ Parent ]
by Bjinse on Tue Oct 3rd, 2017 at 07:34:17 PM EST
Guardian
What did pique the Australian's curiosity was Paddock's way of making a living, "as I'd not met a professional gambler" before.

Paddock was forthcoming in "great detail" on matters from his "float", or cash gambling base, to his annual income, which was "very much well over a senior executive's wage in the US".

"And how he obtained that: the algorithms behind his methodology of gambling - only on machines, not on tables," he said.

Oh, really? Even if you did find a bug in the slot machines, the casinos would notice the pattern and fix it. I wonder if he made his money in crime, and somebody was catching up with him. I don't see any other plausible explanation how someone with his background would be so rich.

One amusing aspect of articles like this is how the papers report what people who knew him said as though a psychopath always tells the truth except when he's talking about his plans to shoot people.

The article does, however, say

The men came to have "robust conversations" about the second amendment of the US constitution and the right to bear arms.

It is a debate the Australian said he had had many times - but Paddock's grasp of the detail seemed superior to most defenders of the second amendment.

"I've asked that question of many people I know from the US, and sadly enough, the answer is very similar in many ways: that people have this belief that the constitutional amendment is their right, with very little understanding of the content of that actual bill," the man said.

"I think it'd be fair to say [Paddock] indicated to me that he certainly knew more than most."

So that's it. He was radicalised by the NRA.
by gk (gk (gk quattro due due sette @gmail.com)) on Wed Oct 4th, 2017 at 06:31:39 PM EST
[ Parent ]
What's a 'lone wolf'? It's the special name we give white terrorists | Opinion | The Guardian
Consider Stephen Craig Paddock, the shooter in Sunday's massacre in Las Vegas. Is he a terrorist? Well, the authorities aren't calling him one, at least not yet.

This is all the more remarkable because Paddock's actions clearly fit the statutory definition of terrorism in Nevada. That state's law defines terrorism as "any act that involves the use or attempted use of sabotage, coercion or violence which is intended to cause great bodily harm or death to the general population".

Stephen Craig Paddock shot and killed at least 59 people and injured more than 500 others. If that doesn't qualify as a textbook definition of Nevada's terrorism law, I don't know what does.

Yet, when asked at a press conference in Las Vegas if the shooting was an act of terrorism, Clark County Sheriff Joe Lombardo replied: "No. Not at this point. We believe it's a local individual. He resides here locally," suggesting that all terrorism is foreign in nature.

by Bernard on Wed Oct 4th, 2017 at 08:24:34 PM EST
[ Parent ]
The term has been used in Israel for some of the recent attackers.
by gk (gk (gk quattro due due sette @gmail.com)) on Thu Oct 5th, 2017 at 03:04:14 AM EST
[ Parent ]
Medium - A North american Gray Wolf - A Wolf Would Never Fucking Do This

I am a North American Gray Wolf and I'm mad as hell. Yes, I am a bit of a loner but let me be clear, I would never do something like this. You humans never care about me unless it's to describe a psychopath mass murderer. Just because I've chosen not to reproduce or run with a pack doesn't mean you can use my name to describe white mass shooters. Stop appropriating wolf culture and come up with your own term for it. I have a suggestion: Terrorist.


keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Oct 5th, 2017 at 12:43:25 PM EST
[ Parent ]
He was a money launderer. That's how you make money on slots.

You find a near 50/50 bet, eg red or black on a roulette slot. You bet both ways. The payout is, strangely, 100% of stake. $100 on red, $100 on black. You win $200.

Except for the occasional 0, but that is accounted for elsewhere.

It seems strangely futile but, done in in mass numbers, you can clean millions every day. In fact, you can even get an IRS certificate for your winnings.

Fixed Odds Betting terminals (FOBT) are in every betting shop in the UK and are massively popular with drug dealers. Takes 'em about 10 minutes to clean £5k (the shop has to report any transaction over £5k). So they go from having a load of suspicious money to being able to show the police their gambling winnings, "got lucky, didn't I?".

the social misery from gambling is just a by-product of the drug/gambling industry nexus. I'm quite sure it's the same in Las Vegas.

this guy was a money launderer.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Thu Oct 5th, 2017 at 12:37:12 PM EST
[ Parent ]
OK, but where was he getting the money to launder?
by gk (gk (gk quattro due due sette @gmail.com)) on Thu Oct 5th, 2017 at 12:38:42 PM EST
[ Parent ]
Well, that's an interesting question. He used to be an accountant....hmmmm

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Oct 5th, 2017 at 12:47:09 PM EST
[ Parent ]
He was also an IRS agent....
by gk (gk (gk quattro due due sette @gmail.com)) on Thu Oct 5th, 2017 at 12:48:26 PM EST
[ Parent ]
very interesting

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Oct 5th, 2017 at 01:10:44 PM EST
[ Parent ]
Cheesed off: Amsterdam to curb tourist shops amid visitor influx - Guardian
Amsterdam is banning new shops targeting tourists in the city's historic centre in the latest attempt to reclaim it for residents.

The city government announced on Thursday that ticket shops, bike rental companies, cheese shops and other retailers or attractions catering mainly or exclusively for tourists would be prevented from opening in parts of the Centre district.

The number of shops selling food for immediate consumption, such as ice cream and doughnuts, will also be limited in about 40 shopping streets around the centre.

Kajsa Ollongren, deputy mayor for economic affairs, said inner-city buildings designated for retail were increasingly being occupied by shops geared towards tourists, reducing the variety of outlets for residents.

by Bernard on Sat Oct 7th, 2017 at 06:19:34 PM EST
[ Parent ]
And what about fashion stores? Pretty much everything (including some of the fast food places) in Venice has become one of these. And I doubt they cater to the locals.

Let's see them try to ban cheese shops in Paris.

by gk (gk (gk quattro due due sette @gmail.com)) on Sat Oct 7th, 2017 at 08:37:38 PM EST
[ Parent ]
Let's see them try to ban cheese shops in Paris

provided they have cheese and ban greek dancing

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Oct 9th, 2017 at 12:20:53 PM EST
[ Parent ]
Cheese shops ... really?  I've got so many constipation replies ... where to start.

My allegiance to the human species ends at the California border.
by THE Twank (yatta blah blah @ blah.com) on Mon Oct 9th, 2017 at 03:04:53 PM EST
[ Parent ]
See, in particular, starting around 6:00 (once you click and go to youtube...)

by gk (gk (gk quattro due due sette @gmail.com)) on Mon Oct 9th, 2017 at 03:05:08 PM EST
[ Parent ]
by Cat on Mon Oct 9th, 2017 at 10:21:01 PM EST
[ Parent ]
RT
Former US President Barack Obama thought his country's "special relationship" with Britain was a joke and would slip Falklands references into press conferences to mock the UK, one of his ex-aides Jeremy Shapiro has claimed.

Shapiro said Donald Trump would not be any kinder to Britain, saying the new President is "playing" with Prime Minister Theresa May to get a better trade deal. He said Trump is "willing to exploit" the UK.

by gk (gk (gk quattro due due sette @gmail.com)) on Tue Oct 10th, 2017 at 04:40:56 PM EST
[ Parent ]
Odd, I would have thought he'd have understood that the special relationship was all about intelligence gathering for domestic purposes, even in the internet age.

But I fear that UK polticians think it's about a lot more, which is just sad.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 11th, 2017 at 08:37:39 PM EST
[ Parent ]
For an (admittedly poor) analogy, if you work in corporate America, imagine trying to explain to your boss or colleagues how you want to implement the Taoist concept of wu-wei in the workplace.

No need to imagine. I have tried it -- subtleties and mas fuerte on the floor in the center of the "agile" economy, AMZN.COM!

< wipes tears >

What a way to quit a day job.

Diversity is the key to economic and political evolution.

by Cat on Wed Oct 11th, 2017 at 03:37:37 PM EST
[ Parent ]
ACLU
The State of Kansas has enacted a new law, HB 2409, that requires state contractors to certify that they are not engaged in boycotts of Israel. An official with the Kansas State Department of Education ("KSDE") told Plaintiff Esther Koontz that she would have to certify that she is not currently engaged in a boycott of Israel in order to receive a contract to work as a trainer in the statewide teacher training program. In adherence to calls for boycott made by her church and her congregation, Ms. Koontz refuses to purchase consumer goods and services offered by Israeli companies and international companies operating in Israeli settlements in the occupied Palestinian territories. When Ms. Koontz responded that she could not sign the certification in good conscience, the state refused to contract with her. The Act violates the First Amendment by requiring Ms. Koontz and other state contractors to certify their non-participation in protected political expression and association. Because the Act engages in speaker-based discrimination and burdens fundamental First Amendment rights, it also violates the Equal Protection Clause.
by gk (gk (gk quattro due due sette @gmail.com)) on Wed Oct 11th, 2017 at 04:34:28 PM EST
[ Parent ]
This is a clever test case. It'll go the distance and drive ScaLito and Unc' Tom insane.

:: Rat Watch 2017
S.720, CARDIN (D-MD), 49 co-sponsors
H.R. 1697 ROSKIM (R-IL), 291 co-sponsors

Diversity is the key to economic and political evolution.

by Cat on Wed Oct 11th, 2017 at 09:24:28 PM EST
[ Parent ]
This morning in Bal'more, local radio show has discovered "Trump's religious exemption order". ( No word yet in the village about "Trump's religious ambassador to the world", Mr Brownback; still time to acquire yer hazmat gear.)

Outside group readies lawsuit on Trump's religious exemption order May 2017

Host and "experts" can barely acknowledge that Trump's executive order to DHHS and DoJ conforms with SCOTUS opinion and orders under Burwell v. Hobby Lobby Stores, Inc., the religious freedom restoration act, and "conscience clause" exemptions adopted by 50+1% of US states.
< wipes tears >
More disturbing than even the living-dead-dispute, "IUD, abortifacient?", this cohort of interlocutors wants to --yet seems incapable of-- articulate a distinction between "moral" and "religious" doctrine/ethics/faith/belief/spirituality [?!!]; then there's the amoral dissenter claiming Trump's executive order is neither, but a "political stunt" ... because "american values" are all about "live and let live"; finally, a claim has advanced that no one can choose where he or she works.

Can't wait for Koontz v. Watson a/k/a Trial of The Covenant to hit the media in the kiester. Next year?

Way too many people in this country are nuts. They need more Russian spies to created division and chaos in THEIR MINDS.

Diversity is the key to economic and political evolution.

by Cat on Thu Oct 12th, 2017 at 03:13:13 PM EST
[ Parent ]
Producers at WYPR turfed the religious freedom ambassador news to the next scheduled talk show "Mid-day"(after 1/2 hour of "Are computing devices adversely affecting 'our' cognitive abilities?!!"). Guest questions Brownback's fitness for office, comparative theology, and duty to US duty to protect "minority religious", not the office.

WAITING for any body to mention ESTABLISHMENT CLAUSE of the US fucking Constitution ...

Diversity is the key to economic and political evolution.

by Cat on Thu Oct 12th, 2017 at 04:21:58 PM EST
[ Parent ]
US Constitution is whatever 5 white guys says it is.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Thu Oct 12th, 2017 at 05:42:41 PM EST
[ Parent ]
That's a burger franchise!

Diversity is the key to economic and political evolution.
by Cat on Thu Oct 12th, 2017 at 06:27:10 PM EST
[ Parent ]
Trump Picks Sam Brownback as Religious Freedom Ambassador JULY 2017
(I hasten to say, christianitytoday.com is currently the first item in the list returned by yahoo!.com, not my preferred "news" source.)

Let us note: This office, Dept of State (paradoxically), executive branch is NOT new. Mr Obama appointed several persons in his two terms, for example.

US Congress established the office in Frank R. Wolf International Religious Freedom Act (1998). Legal challenges to federal establishment of US authority (1st Amd. prohibition) to legitimize any or all religion are unknown. The US Dept of State affirms, "promoting religious freedom as a core objective of U.S. foreign policy."

Being a (nominal) convert to the Holy Roman See ("state") AND a trenchant proponent of US military hegemony, Mr. Brownback is a fit appointee.

archived: 2009
Senators reject closing Gitmo prison without plan | TPM News Pages et seq.

Diversity is the key to economic and political evolution.

by Cat on Thu Oct 12th, 2017 at 04:09:31 PM EST
[ Parent ]
Citizen Times (Asheville, NC)
The man authorities say left an explosive device at Asheville Regional Airport on Friday morning that contained ammonium nitrate and fuel oil said he was preparing to "fight a war on U.S. soil," according to a criminal complaint filed in federal court.

The suspect, Michael Christopher Estes, had his first appearance in federal court Tuesday morning. He is charged with attempted malicious use of explosive materials and unlawful possession of explosive materials in an airport.

by gk (gk (gk quattro due due sette @gmail.com)) on Fri Oct 13th, 2017 at 09:15:33 AM EST
[ Parent ]
Keep handy for proper police identification.



She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Sat Oct 14th, 2017 at 04:53:29 AM EST
[ Parent ]
by Bjinse on Tue Oct 3rd, 2017 at 07:35:20 PM EST
EU Commission taken to court over new emissions tests for vehicles

...  which will allow manufacturers to keep their emissions control systems secret and, according to the group, cause another Dieselgate-type scandal.

ClientEarth said on Monday (9 October) it was "seeking legal standing in the Court of Justice of the EU".

ClientEarth is calling for the confidentiality provision of Commission Regulation (EU) 2017/1154 to be annulled at the Court of Justice of the European Union (CJEU).
A successful challenge would make this the first case ever to be allowed before EU judges by an NGO and would pave the way for more environmental challenges against the EU and its institutions, it said.

Is litigation or advertisement the best test of systematic democratic "values"?

Diversity is the key to economic and political evolution.

by Cat on Mon Oct 9th, 2017 at 01:32:29 PM EST
[ Parent ]
Lawmakers, Facebook in standoff over lifting veil on Russian ads

Some US senators, ironically unable or unwilling to rely on recall, need to see 3,000 advertisements (text and display) thought to have influenced millions of voter decisions (excluding their own) in the general election '16.

Warner's goal "is to be able to require disclosure even on ads that deal with social commentary or political issues without mentioning candidates at all," his office said. That would cover ads such as inflammatory, Russian-financed ads during the 2016 campaign that referenced the "Black Lives Matter" movement spawned by police shootings of African-American men.

But Facebook refuses to reproduce these ads, evidently, unless served a subpoena by, I dunno. Blackagendareport.com fingers House representative Robin Kelly as exemplary of a legislators' "movement" to sanitize democratic polemics.
"She essentially is asking Facebook to limit or ban content on Facebook that is 'politically divisive' or whatever that means. "

Who are freedom fighters suppressing in your part of the world?

Diversity is the key to economic and political evolution.

by Cat on Mon Oct 9th, 2017 at 03:26:21 PM EST
[ Parent ]
by Bjinse on Tue Oct 3rd, 2017 at 07:35:24 PM EST
LIGO gravitational wave discoverers win 2017 Nobel Prize in physics
Two projects born a century ago in the mind of Albert Einstein, and the scientific leaders behind them, won the 2017 Nobel Prize in physics for detecting gravitational waves. Rainer Weiss won one half of the $1.1 million prize, while Barry C. Barish and Kip S. Thorne split the second half.

The initial detection by the Laser Interferometer Gravitational-Wave Observatory (LIGO) in 2015 proved ripples course through and disrupt the fabric of spacetime, which can reveal "unseen worlds," the Nobel Prize committee said.

by das monde on Thu Oct 5th, 2017 at 03:41:57 AM EST
[ Parent ]
WHY are they doing this shit?  Is it all "because it's so much fuuuuuuun" or is there a practical application? Is this what you get when nerds get hold of the check book? Why don't they just spend their time trying to get laid like the rest of us?

My allegiance to the human species ends at the California border.
by THE Twank (yatta blah blah @ blah.com) on Thu Oct 5th, 2017 at 06:34:12 AM EST
[ Parent ]
Deep down, discovery is a "killer technique" for getting laid; or at least, getting very high for a moment anyway. It is a cumbersome, largely misguided method, and the nerds won't enjoy anything like the full potential after the arduous work. But that still beats underpaid blue-color or service jobs, or a rural lifestyle. Commanding funds, technology, young wannabes is just as fun in the academy as on Wall Street, especially while bringing more good feelings to people on sidelines.

Practical application? An extra megapixel for the camera of your next iPhone might have something to do with LIGO.

by das monde on Thu Oct 5th, 2017 at 07:21:17 AM EST
[ Parent ]
jobs saved or created
< wipes tears >

Diversity is the key to economic and political evolution.
by Cat on Thu Oct 5th, 2017 at 02:18:18 PM EST
[ Parent ]
Half a million dollars? Isn't that good enough reason? At Eliot Spitzer rates, you could get laid over 100 times....
by gk (gk (gk quattro due due sette @gmail.com)) on Thu Oct 5th, 2017 at 02:49:56 PM EST
[ Parent ]
As it happened yesterday, WYPR hosted a "bio-ethicist" who was promoting a Novartis CRSPR (gene editing) "therapy" now that the FDA has approved such for marketing.
Novartis says there will be no charge if a patient doesn't respond to the therapy within a month. ... Previous estimates predicted a price tag between $600,000 to $750,000.

USD 500,000 is the list price quoted on-air for a single course of this therapy a/k/a "living drug" a/k/a "biologic". Efficacy and morbidity of said technique is unknown, but promising, based on trials with a rare form of leukemia: "An estimated 3,100 patients aged 20 and younger in the U.S. are diagnosed with acute lymphoblastic leukemia each year, making it the most common childhood cancer")

Diversity is the key to economic and political evolution.
by Cat on Thu Oct 5th, 2017 at 03:36:11 PM EST
[ Parent ]
David Mitchell, founder of an advocacy group called Patients for Affordable Drugs, said in a statement that the $475,000 cost is "excessive" and claims the federal government spent $200 million in early research on CAR-T therapy before Novartis purchased rights to the treatment.
Free market in action, as usual.
by gk (gk (gk quattro due due sette @gmail.com)) on Thu Oct 5th, 2017 at 03:41:32 PM EST
[ Parent ]
The evidence is all around us.

Diversity is the key to economic and political evolution.
by Cat on Thu Oct 5th, 2017 at 03:45:34 PM EST
[ Parent ]
For the US market the most effective attack on Novartis  would almost certainly be to seize upon their 'pagan' symbol, note they associate with 'witch doctors' and have a foreign domicile and then claim they are the spearhead for a conspiracy including space aliens to alter the DNA of US citizens, their vital essence' so as to make them more compatible with our new alien overlords.

Arguing that the price is excessive because Novartis purchased the rights for $200 million of research paid for by taxpayers will fail. Don't you know? "Government can't do anything right!" So the popular view will be that government squandered $200 million and it took a private company go get a profit out of it. And children with cancer? Pfft. As if they matter.  

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Oct 5th, 2017 at 05:14:48 PM EST
[ Parent ]
re: Farrell v. Whitty, Farrell v. Motor Insurers' Bureau of Ireland, jurisdiction, ECJ, "emanations"

Payout Battle on Uninsured Irish Driver Is a Wrap After 21 Years

Farrell claimed that the MIBI was in breach of EU directives on compulsory insurance. The European Court of Justice agreed with Farrell, just over 10 years ago to the day in April 2007.

A new opinion says Farrell has since been compensated but that a new dispute arose over whether the MIBI or the Irish government are responsible for financing that judgment.
[...]
MIBI disputed that it was an emanation of the state ...



Diversity is the key to economic and political evolution.
by Cat on Tue Oct 10th, 2017 at 07:52:11 PM EST
[ Parent ]
The American Conservative
Over the weekend, something remarkable happened at, of all places, the New York Comic Con. Fan protests broke out surrounding Marvel Comics' announcement of a joint venture with U.S. defense contractor Northrop Grumman. In short order, Marvel had scrapped the joint venture entirely.

The plan was an unsubtle attempt to thread the military industry leaders into the Marvel comic book universe--and in a positive light--introducing a Northrop Grumman-armed team working with the iconic Avengers for some sort joint adventure. Northrop officials said this was intended to emphasize the value of science and aerospace technology for readers.

by gk (gk (gk quattro due due sette @gmail.com)) on Wed Oct 11th, 2017 at 08:25:45 AM EST
[ Parent ]
by Bjinse on Tue Oct 3rd, 2017 at 07:35:27 PM EST
by Bjinse on Tue Oct 3rd, 2017 at 07:35:33 PM EST
5 Oct 2017 "hidden" brain. GMAFB.
... The terms "we" reach for have something to do with our own desire to distance ourselves from people who do terrible things. If you're a christian or if you're an american and as an american or christian or whoever does something, if you can paint them as aberant, now you have a different explanation for why as to why they'd be a shooter. It does not reflect upon your group at all.

Classifying Attacks: Mental Illness Or Terrorism? LISTEN

archived: ""Crude criminals" and "mere murderers" are intimately associated with irrationality, passion, insanity, adolescence, MAOA and CDH13 genes (my personal favorite), trauma ..."

Diversity is the key to economic and political evolution.

by Cat on Thu Oct 5th, 2017 at 02:05:40 PM EST
[ Parent ]
re: Instances of Use of United States Armed Forces Abroad, 1789-2012, Congressional Research Service (CRS), Washington DC, United States (Sep 2012) 33 pp, single-spaced

I carried a link to that document for six (6) years so in order periodically to remind wayward subscribers @ calculatedrisk ...

War Culture - Gun Culture: They're Related

In the end, American behavior in [PICK A WAR] was not just tragically flawed - it was criminal. But it was also historically consistent - an expression of a long-standing and deep-seated war culture, a culture that still defines the American worldview and has become the very linchpin of its domestic economy.


Diversity is the key to economic and political evolution.
by Cat on Tue Oct 10th, 2017 at 07:04:57 PM EST
[ Parent ]
US America's "founding" caveat emptor doctrine lives


Scammers Are Using Vegas Mass Murders to Prey on Good Samaritans

Attorney General Adam Paul Laxalt's office shut down a sham Facebook page last week, with assistance from the company, and is working with GoFundMe to investigate reports of fraudulent donation sites, Laxalt said in a statement Monday.

mail or wire fraud, mail or wire fraud, ....

Diversity is the key to economic and political evolution.

by Cat on Tue Oct 10th, 2017 at 07:37:08 PM EST
[ Parent ]


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