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by Fran on Fri Mar 27th, 2009 at 03:04:15 PM EST
Trouble in Paradise: Berlin Takes on the Tax Havens - SPIEGEL ONLINE - News - International

The German government is applying pressure on offshore tax havens. It is also taking action against German banks operating in Switzerland, where they maintain accounts for shadowy Liechtenstein foundations. In a time of economic crisis, Berlin needs all the tax euros it can get.

Martin Maurer remembers that fateful gray November day all too well. Maurer runs the Association of Foreign Banks in Switzerland from his office above an upmarket men's clothing store only a stone's throw from Zurich's exclusive Bahnhofstrasse. The organization represents the interests of more than 150 financial institutions, 20 of them German.

On that day last November, Maurer received a number of calls from nervous fund managers, who were alarmed by a seven-page letter that Germany's Federal Financial Supervisory Authority (BaFin) had sent to all German banks with Swiss subsidiaries. The agency, based in Bonn, was asking unpleasant questions about an explosive subject. It wanted to know how many accounts the Swiss subsidiaries were managing for foundations and trusts, and how many of these foundations were headquartered in the tiny principality of Liechtenstein, which is famous as a tax haven.

by Fran on Fri Mar 27th, 2009 at 03:10:48 PM EST
[ Parent ]
BBC NEWS | Europe | Russian 'Arctic military' plan

Russia has announced plans to set up a military force to protect its interests in the Arctic.

In a document published on its national security council's website, Moscow says it expects the Arctic to become its main resource base by 2020.

While the strategy is thought to have been approved in September, it has only now been made public.

Moscow's ambitions are likely to cause concern among other countries with claims to the Arctic.

by Fran on Fri Mar 27th, 2009 at 03:15:42 PM EST
[ Parent ]
VOA News - Turkish Voters Head to Polls, Sunday
Turkish voters go to the polls in nationwide local elections on Sunday, March 29. The predominantly Kurdish Southeast, and in-particular Diyarbakir, the largest city in the region, is seen as a key for the ruling Islamic- rooted AK party. In the last general election they scored a surprising victory over the pro-Kurdish DTP, and are aiming to do better this round. But the DTP are fighting back by focusing on women rights.  

Earlier this month at least 50,000 people gathered in the heart of Diyarbakir to commemorate the birth of Mohammed. The meeting also saw strong condemnation of Israel and Jews over the attack by Israeli forces on Gaza last January. It was largest religious gathering the city has seen in living memory. One of those attending was a man named Ahnet.

Every year he says, this meeting is getting bigger, in the past only a few villagers would come, but now most of the villagers are coming. He says people are again becoming more and more aware of their religion. With Islam he says, there must be unity so our number has to grow.
by Fran on Fri Mar 27th, 2009 at 03:17:45 PM EST
[ Parent ]
Gearing Up for the G-20: London Braces for Massive Protests - SPIEGEL ONLINE - News - International

London is bracing itself for the G-20 meeting next week, as thousands of demonstrators prepare to descend upon the British capital. While most protestors will be peaceful, those working in the financial industry are being advised not to wear suits to work or even to stay at home to avoid potential violence.

Mirina Pepper has just been panhandled by a homeless man near London's Liverpool Street Station. She reaches into her handbag and grabs a bundle of £20 notes. "Here, you can give them out," she says. The homeless man looks perplexed at the notes, not knowing whether he should take this as a good or bad thing.

by Fran on Fri Mar 27th, 2009 at 03:21:15 PM EST
[ Parent ]
Sadly, the police have had a lot of practice and have all the powers they want and if that's not enough, they get to twist the intent of other laws or even invent stuff on the spot to ensure they get to do what they like and prevent disturbance.

Especially if disturbance isn't being threatened; then the police get to use their imaginations to decide what people might have done if they'd had malicious intent and then charge them with that. which I imagine is probably quite satisfying really.

There is no chance, no chance whatsoever, that they'll achieve anything. Let alone something useful.

Now if anyone were to ask me ......

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Fri Mar 27th, 2009 at 04:58:08 PM EST
[ Parent ]
I'm asking!  I'm asking!

BTW, what's up with England these days?  What happened to democracy?  Why does England sound like something out of Orwell or whatever?

They tried to assimilate me. They failed.

by THE Twank (yatta blah blah @ blah.com) on Fri Mar 27th, 2009 at 05:13:31 PM EST
[ Parent ]
Because Orwell always sounded like something out of England?
by afew (afew(a in a circle)eurotrib_dot_com) on Fri Mar 27th, 2009 at 05:24:19 PM EST
[ Parent ]
Seriously ?? Actually I do not discuss this stuff online.

It is a wonderful observation that those most prone to actually cause mayhem and destroy things are those too wedded to their visions of mayhem and destruction to work out what would be really effective in achieving any useful goal. The people here are less visceral in their imaginings, I'm sure an unfettered conversation here could come up with several realisable plans where small events have massive consequence. I do not think it repsonsible to have that conversation in a place where others can use it as a resouce.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Fri Mar 27th, 2009 at 06:06:16 PM EST
[ Parent ]
Now if anyone were to ask me ......

You end with this set-up and then are surprised when someone says "go on".  Why end a comment with that set-up if you're ... what? ... not serious about having an on-line discussion?

Me Confused (and a little tipsy) TWANK.

They tried to assimilate me. They failed.

by THE Twank (yatta blah blah @ blah.com) on Fri Mar 27th, 2009 at 06:42:06 PM EST
[ Parent ]
I apologise for not putting up a home-baked Anarchist's cookbook, but if I put up the sorts of things I have discussed with ETers in person I imagine that the site, the site's owners and administrators as well as myself would find ourselves on the receiving end of some pretty unwelcome official attention. And I don't mean just being on the no-fly list.

I simply mentioned it to highlight that there is a difference in the attitude between those who do and those who just wonder about such things that fortunately results in those who do being unlikely to ever conjure up effective forms of point-making damage. The rituals of protest: The march, attacking Mcdonalds, set-piece confrontation with the police will simply fail. Not just because the authorities have ways of containing such things, but they have become skilled at creating media narratives that discredit all of those who get sucked in and the causes they were associated with. It's not effective to do these things, however atavistically satisfying. So, as I said, "..now if they were to ask me/us" we'd probably suggest other things.


keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sat Mar 28th, 2009 at 07:11:09 AM EST
[ Parent ]
Interesting.  I've sobered up.  I've always thought that the whole "protesting" thing was a bit overrated; a lot of guys (back in my days) did it just to hang out, look cool, and try to get laid.  I agree that if you want to change things for the better, other methods must be devised.  The "bad guys" have too many advantages but they have their weaknesses also; the problem is when you put others in power who turn into power-mongers themselves.  Betrayal has always been our biggest problem.

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Sat Mar 28th, 2009 at 08:27:49 AM EST
[ Parent ]
So if you want to organise a protest, then you need to pitch your initial publicity at women? as the males will tag along in the attempt to look cool?

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 Mar 28th, 2009 at 09:56:00 AM EST
[ Parent ]
It's not about numbers anymore (if it ever was). Politicians don't care, we put (an official) 2 million on the streets (call it 5 mill in reality) against the iraq war and Blair didn't even blink. The establishment control the media, so they control the message.

Unless you know how to put the country on strike, putting your agenda into parliament isn't about street protest anymore.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sat Mar 28th, 2009 at 10:49:23 AM EST
[ Parent ]
That would have worked in the olden days, and from my observations of young males at the Sac State Library while I'm tutoring, very little has changed, so a resounding YES!.

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Sat Mar 28th, 2009 at 04:07:43 PM EST
[ Parent ]
banning my favourite program The Oracle with Max Keiser.

The Oracle NOT on the BBC anymore

Reasons for banning the popular show was that Max and Stacey were ridiculing corrupt Western bankers.

Everybody knew that the West moral posturing on democracy and freedom of press was just pretending, but even I did not expect they will dare to ban any criticism of Western kleptocracies. Now it's official.

by FarEasterner on Sat Mar 28th, 2009 at 09:33:37 AM EST
[ Parent ]
Banning? from what they say in the beginning of the film, it had just come to the end of its ten program series run.

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 Mar 28th, 2009 at 09:52:55 AM EST
[ Parent ]
they always find clause not to renew contract leaving viewers only with pliant journalists who never dared to go against the kleptocratic system. it's the same in russia and much worse in china.

maybe it's time to stop pretending about freedom of press in the west!

by FarEasterner on Sat Mar 28th, 2009 at 09:59:56 AM EST
[ Parent ]
well there are many arguments against freedom of the press in the west, but this one does appear a bit forced. If there had been a long term contract that had been cancelled I'd agree, but...

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 Mar 28th, 2009 at 10:16:22 AM EST
[ Parent ]
EU wary of Georgia tensions ahead of major rally - EUobserver

EUOBSERVER/BRUSSELS - European diplomats are trying to appease mounting tensions in Tbilisi ahead of opposition protests scheduled for 9 April with the political aim of forcing president Mikhail Saakashvili to step down.

"There is a general hope that demonstrations will take place peacefully within the constitutional framework, that was reiterated by everybody whom we met, opposition and government," Council of Europe rapporteur Mattyas Eorsi told EUobserver on Friday, upon his return from a two-day visit in Georgia.

The flag of independent Georgia - the country's democratic credentials will be put to the test

He added that the political culture in the southern Caucasus was "not yet as developed as in most European countries," however.

The 9 April rally marks 20 years since an anti-Soviet demonstration was dispersed by the Red Army, leading to 20 deaths and hundreds of injuries.

"The problem is that even if party leaders decide not to have any violence, you can never exclude that individuals [will] make trouble," Mr Eorsi said.

by Fran on Fri Mar 27th, 2009 at 03:21:42 PM EST
[ Parent ]
"There is a general hope that demonstrations will take place peacefully within the constitutional framework

Did the éprotests that heaved Saakashvili into power remained within those bounds?

Mattyas Eorsi

It's one thing EUobserver can't do non-English characters; but at least they should be able to count thew number of t-s in Mátyás Eörsi.

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

by DoDo on Fri Mar 27th, 2009 at 07:54:27 PM EST
[ Parent ]
Women told: 'You have dishonoured your family, please kill yourself' - Europe, World - The Independent
As Turkey cracks down on 'honour killings', women are now told to commit suicide

When Elif's father told her she had to kill herself in order to spare him from a prison sentence for her murder, she considered it long and hard. "I loved my father so much, I was ready to commit suicide for him even though I hadn't done anything wrong," the 18-year-old said. "But I just couldn't go through with it. I love life too much."

All Elif had done was simply decline the offer of an arranged marriage with an older man, telling her parents she wanted to continue her education. That act of disobedience was seen as bringing dishonour on her whole family - a crime punishable by death. "I managed to escape. When I was at school, a few girls I knew were killed by their families in the name of honour - one of them for simply receiving a text message from a boy," Elif said.

So-called "honour killings" in Turkey have reached record levels. According to government figures, there are more than 200 a year - half of all the murders committed in the country. Now, in a sinister twist, comes the emergence of "honour suicides". The growing phenomenon has been linked to reforms to Turkey's penal code in 2005. That introduced mandatory life sentences for honour killers, whereas in the past, killers could receive a reduced sentence claiming provocation. Soon after the law was passed, the numbers of female suicides started to rocket. Related articles

by Fran on Fri Mar 27th, 2009 at 03:24:04 PM EST
[ Parent ]
Media help escalate honor killings, study reveals | Today's Zaman (24 March 2009, Tuesday)
... The study was conducted in the provinces where the most honor killings in the country were taking place and covered the responses of 440 high school students and their parents. According to the report released by the ministry, 13 percent of the parents and 9.9 percent of students had witnessed an honor killing. ...

... the study also showed that 26.2 percent of the parents and 25.9 percent of the students said they support such killings, although 64 percent of all respondents said those who committed such a crime should be punished. ...



Truth unfolds in time through a communal process.
by marco on Fri Mar 27th, 2009 at 04:48:02 PM EST
[ Parent ]
You have dishonoured your family, please kill yourself

Get yer Republican bumper sticker here!

They tried to assimilate me. They failed.

by THE Twank (yatta blah blah @ blah.com) on Fri Mar 27th, 2009 at 05:16:55 PM EST
[ Parent ]
European NATO members at odds over strategic priorities - EUobserver

EUOBSERVER / BRUSSELS - NATO is increasingly lacking solidarity and unity of vision over future strategic options, such as its relation with Russia and enlargement, a study issued by the Hague Centre for Strategic Studies, a Dutch think-tank, shows.

Issued just a week ahead of NATO's 60th anniversary summit, the study, Finding a path away from NATO de-solidarisation is aimed at feeding into the drafting of the alliance's new strategic concept, which dates back to 1999. The 26 NATO heads of state and government are set to start work on a new concept at the summit.

NATO at 60 - mid-life crisis or fresh start?

Challenged by new problems such as the economic crisis, the race for Arctic resources, and a resurgent Russia and China, NATO is facing the "strategic necessity" of reconciling its traditional role - providing for the security of its members - with that of coping with these new challenges, the report highlighted.

Carried out amongst 300 experts and students on transatlantic security, the study was launched on Thursday (27 March) at the Security and Defence Agenda, a Brussels-based think-tank that focuses on EU-NATO issues.

by Fran on Fri Mar 27th, 2009 at 03:24:43 PM EST
[ Parent ]
 EUROPEAN ELECTIONS 
by Fran on Fri Mar 27th, 2009 at 03:04:47 PM EST
Italian right-wing merger to shake up EU parliament politics - EUobserver

EUOBSERVER / BRUSSELS - The populist right-wing party of Italian Prime Minister Silvio Berlusconi on Friday officially merges with the post-fascist Alleanza Nazionale at the founding congress of Il Popolo della Liberta, the powerful new rightist bloc that is not only set to dominate Italian politics for the foreseeable future, but will also wield considerable power in the European Parliament after the June elections.

Mr Berlusconi says goodbye to Forza Italia and hello to a new bloc with the post-fascist Alleanza Nazionale

A three-day, €3 million extravaganza, with jumbotron screens and menus is to celebrate the fusing of the two parties, a long-expected move that brings Mr Berlusconi one step closer to his dream of a unified Italian right.

The Italian leader will become the head of Il Popolo della Liberta (People of Freedom), although his ambitious rival and chief of the now disbanded Alleanza, Gianfranco Fini has indicated he has his sights on the leadership should Mr Berlusconi exit the stage.

"Berlusconi knows that his strong and recognised leadership can in no way become a personality cult," Mr Fini, also the speaker of the Chamber of Deputies, the Italian parliament's lower house, told the final conference of his own party.

by Fran on Fri Mar 27th, 2009 at 03:08:16 PM EST
[ Parent ]
"Berlusconi knows that his strong and recognised leadership can in no way become a personality cult."
by de Gondi (publiobestia aaaatttthotmaildaughtusual) on Fri Mar 27th, 2009 at 04:44:43 PM EST
[ Parent ]
Photobucket
by de Gondi (publiobestia aaaatttthotmaildaughtusual) on Fri Mar 27th, 2009 at 05:28:53 PM EST
[ Parent ]
EU to start putting up election billboards - EUobserver

EUOBSERVER / BRUSSELS - The European Parliament will from 1 April begin putting up billboards around Europe to try to get voters interested in the upcoming EU election.

The 10 images, created by Berlin-based advertising company Scholz & Friends Group, are designed to show that EU lawmaking is relevant to people's everyday lives.

The financial crisis poster - some of the images flatter MEPs' powers

They depict two to three options in various policy areas on a blue background with the slogan "Use your vote in the European Parliament Elections" and the country-relevant date from 4 to 7 June.

For food safety, there is a supermarket chicken with no labels and one plastered with nutritional information. On fuel types, there is a petrol can, an electric battery and a clump of rapeseed to stand for biofuel.

If the Lisbon treaty goes through, the parliament's powers of legal co-decision with the European Commission and member states will be extended to new areas such as immigration and police co-operation.

by Fran on Fri Mar 27th, 2009 at 03:08:41 PM EST
[ Parent ]
You kinda wish they'd avoid April 1st. just sayin'

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Fri Mar 27th, 2009 at 05:05:04 PM EST
[ Parent ]
Le cas Barroso divise les socialistes européens - Puzzle Socialiste - Blog LeMonde.fr
Si ce n'est pas un affront, c'est tout de même une vilaine manière faite aux socialistes français. Gordon Brown, en soutenant officiellement la reconduction de Manuel Barroso à la présidence de la Commission européenne et, surtout, José-Luis Zapatero en apportant son appui implicite, ont réduit la portée de ce qui doit être l'un des axes majeurs de la campagne européenne du PS. Sans parler de l'appui du premier ministre portugais, le socialiste José Socrates, à son compatriote. Le thème du « haro sur Barroso » présente en effet quelques avantages. Il permet de donner un visage à la « dérive libérale » des institutions européennes - il faut dire que l'intéressé, franchement droitier et pas très social, a aussi poussé au soutien de la politique étrangère de George Bush - et signifier que la bonne vieille cogestion entre social-démocratie et libéraux n'est plus de mise au Parlement. En focalisant une partie de l'argumentaire sur Barroso, le PS estimait dés lors pouvoir « politiser » le débat en introduisant un clivage gauche/droite. Sans oublier le couplet sur le vote utile ; « seul le vote socialiste peut permettre de changer la majorité politique du Parlement européen ».
by Fran on Fri Mar 27th, 2009 at 03:12:42 PM EST
[ Parent ]
Sickening. What is Zapatero's implicit support, and why is he such a fool?

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 27th, 2009 at 07:46:03 PM EST
[ Parent ]
Wałęsa running for the European Parliament

A crowd of new interesting characters is running for the European Parliament in Poland. Among them Wałęsa.

Well, no, I don't mean the legendary Solidarity leader. I mean Jarosław Wałęsa, his 33-year old son and politician. He will be running in Gdansk for the governing Civic Platform. He is last on the party list. But that is a neat trick which has worked before. He was also last when he ran for the Polish parliament in 2005 and 2007. He got a huge number of votes, because of the name the first time, but also because of his good work as an MP the second time. 

He is not the only new and interesting character the parties are fielding for the EP election:

by Fran on Fri Mar 27th, 2009 at 03:17:17 PM EST
[ Parent ]
Jon Worth » Why is the choice of EP President more interesting than choice of Commission President?

My discontent about the lack of choice about the future President of the European Commission is well known. But it seems - bizarrely - that the choice of the President of the European Parliament might actually become a bit more interesting. President of the EP is a largely symbolic role, chairing the sessions and with some external representation tasks. Perhaps the election intrigue is a manifestation of the old Henry Kissinger quote that "university European Parliament politics are so vicious because the stakes are so small"?

Anyway, so what's going on? Essentially the President of the EP is usually a tie-up between the 2 main political groups in the Parliament, the EPP-ED and PSE. Each gets the Parliament President for about two and a half years of the five year parliamentary term. Josep Borrell, a socialist, preceeded Hans-Gert Pöttering, a christian democrat, in the current term.

For the 2009-2014 term the socialists want to put forward tub-thumper Martin Schulz, but as a German national he cannot follow Pöttering. So the EPP-ED will get the first call - if tradition is respected. Former Polish PM Jerzy Buzek was the most likely candidate, although now Silvio Berlusconi - with the additional backing of Alleanza Nationale in the EPP, want their own man - Mario Mauro. See this from Euractiv that explains the games.

by Fran on Fri Mar 27th, 2009 at 03:18:55 PM EST
[ Parent ]
Who is Mario Mauro? de Gondi?

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 27th, 2009 at 07:42:14 PM EST
[ Parent ]
ECONOMY & FINANCE
by Fran on Fri Mar 27th, 2009 at 03:05:17 PM EST
Europe, aided by safety nets, resists stimulus push - International Herald Tribune

VIENENBURG, Germany: Last month Frank Koppe gathered together all 50 of his employees at Koppe-Apparatebau for coffee, cake and the kind of bad news that has lately become all too familiar. He told them the small company's business, designing and manufacturing custom equipment for industrial plants, had been sliced nearly in half.

But rather than resorting to layoffs, Mr. Koppe asked half his employees to come in every other week. The government would make up roughly two-thirds of their lost wages out of a fund filled in good times through payroll deductions and company contributions.

The program -- known as "Kurzarbeit," which translates as "short work" -- and others like it lie at the heart of a heated debate that has erupted on the eve of next week's Group of 20 meeting of industrialized and developing nations and the European Union, creating a rift between the Obama administration and European governments. The United States is pressing for a coordinated package of stimulus plans by member countries to encourage economic growth, something that Prime Minister Mirek Topolanek of the Czech Republic, which holds the European Union presidency, has called "a way to hell."

But virtually all European governments, led by budget-conscious Germany, are resisting the American pitch, saying the focus should be on stricter regulation of financial markets.

The Europeans say they have no need for further stimulus right now because their social safety nets, derided in good times by free market disciples as sclerotic impediments to growth, are automatically providing the spending programs that the United States Congress has to legislate.

by Fran on Fri Mar 27th, 2009 at 03:13:11 PM EST
[ Parent ]
Something Steinbrück may want to emphasize to Krugman if and when they meet up. (Though I wouldn't expect Steinbrück to see things this way.)

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 27th, 2009 at 07:36:58 PM EST
[ Parent ]
UK recession: 'It's even worse than we thought,' says Office for National Statistics | Business | guardian.co.uk

New figures on the UK economy show that it fell even deeper into recession in the fourth quarter of last year than first thought, piling the pressure on the prime minister.

Revised data from the Office for National Statistics (ONS) showed that gross domestic product shank by 1.6% in the last three months of 2008, rather than the 1.5% previously reported. Worse than previously expected output in construction and services was blamed for the downward revision.

It is the worst performance since the second quarter of 1980 and confirms Britain is in the middle of a deep downturn following a contraction of 0.7% in the third quarter of last year and zero growth in the second.

by Fran on Fri Mar 27th, 2009 at 03:13:34 PM EST
[ Parent ]
Hey England, Go Back To Work!  Do something Productive!  Fascist states have been tried before.  Try another direction.  Idiots!

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Fri Mar 27th, 2009 at 05:23:16 PM EST
[ Parent ]
G20: Russia to play peripheral role at summit - Telegraph
Russia's ambitions of resurrecting its superpower status have received a jolt after Dmitry Medvedev, the country's president, was effectively told he would only play a peripheral role at next week's G-20 summit in London.

Just months after holding Europe to ransom during a gas dispute with Ukraine, Russia has discovered that continental energy dominance does not translate into commensurate influence in the debate over how to tackle the global economic crisis.

Russian officials were said to be angered after the leak of a British government document that appeared to divide G20 members into two lists of descending importance.

by Fran on Fri Mar 27th, 2009 at 03:15:18 PM EST
[ Parent ]
Hahahaha!... The media foot-soldiers of one imperial has-been declare another ex-empire has-been... based on the judgement of their influence-lacking government...

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 27th, 2009 at 07:32:57 PM EST
[ Parent ]
James K Galbraith: A 'people first' strategy | Comment is free | guardian.co.uk

In 1930, John Maynard Keynes wrote: "The world has been slow to realise that we are living this year in the shadow of one of the greatest economic catastrophes of modern history." Today, as then, we are in the shadow of catastrophe. Today, as then, our thinking is slow. We need to come to grips with the crisis itself.

Two ingrained habits are leading to failure. The first is to assume that eventually economies will return to normal on their own. In London in January, US Federal Reserve chairman Bernanke said: "The global economy will recover." He did not say how he knows. The fact that for months the news has been consistently worse than expected shows that the forecasts are wrong. Their basic failure is that they do not take account of the massive pay-down of household debt, everywhere under way, as a result of the collapse of the banks.

The second bad habit is to believe that recovery runs through the banks rather than around them. This idea holds that credit is "blocked"; it must be made "to flow." The metaphor is fallacious. Credit cannot flow when there are no creditworthy borrowers, no profitable projects.



"The future is already here -- it's just not very evenly distributed" William Gibson
by ChrisCook (cojockathotmaildotcom) on Fri Mar 27th, 2009 at 03:18:49 PM EST
[ Parent ]
ERT: Socialist Leaders Meet in Chile (27 March 2009)
Socialist leaders are holding a big meeting as of today in Vinia Del Mar, Chile. The meeting has been organized by the Chilean government and President Michelle Bachellet, with the cooperation of the British think tank Policy Network. The meeting is entitled "Progressive ruling: the reply to the world financial crisis in a progressive direction."

Participating amongst others in the meeting will be Brazilian President Lula da Silva, British PM Gordon Brown, Spanish PM Jose Luis Rodriguez Zapatero, Argentine President Cristina Kirchner and many others. [...]

The meeting will focus on the hammering out of progressive policies that will tackle the world financial crisis, the promotion of a responsible and viable globalization, climate change in a period of world recession, the status of social protection and labour market during globalization, the role of the state in economic development, the contribution of science and novelty in viable development.



Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Carrie (migeru at eurotrib dot com) on Fri Mar 27th, 2009 at 04:33:40 PM EST
[ Parent ]
Chávez is not invited?

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 27th, 2009 at 07:30:12 PM EST
[ Parent ]
I think these might be "social democrats".

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Carrie (migeru at eurotrib dot com) on Sat Mar 28th, 2009 at 02:52:20 PM EST
[ Parent ]
Channel 4 - News - Boris: a chant for G20 'crusties'
"But what these guys should be doing ... is conclude the Doha round of trade talks and show that the leaders who are gathering in London are turning their backs on protectionism and international nationalism.

"And if I had a slogan for the crusties and the nose-ringed protestors who are going to be out on the streets of London doing all their ludicrous antics, they should be saying:

"'What do we want?' 'Free trade.' 'When do we want it?' 'Now.' That's my slogan."


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Fri Mar 27th, 2009 at 06:44:33 PM EST
[ Parent ]
Just watched tonight's episode of Bill Moyers Journal, in which he has a fascinating segment about community organizer James Thindwa and his struggle to get Chicago's city council to pass a living wage ordinance that would require Walmart to pay its staff at least $10 per hour (same wage that CostCo already pays).

Bill Moyers Journal . James Thindwa | PBS

Wal-Mart (Watch Video)

Thindwa's Jobs with Justice was also in the forefront of a living wage battle against Wal-Mart. When the corporation announced plans to open a store in Chicago, Jobs for Justice and other groups decided to forestall Wal-Mart's well-known low wage-floor with a local living wage law, putting the starting salary at $10 per hour -- the salary being paid at another big box store in Chicago, COSTCO. The campaign went on for three years until 2006 when the city council passed the living wage ordinance. Victory was brief. Chicago's six-term Mayor Democrat Richard M. Daley lobbied enough council members to change their vote to enable a mayoral veto. Wal-Mart did arrive in Chicago but not initially as a Supercenter which would compete with local grocers.

However, Chicago's Wal-Mart wars are not over. In March 2009, a city alderman announced a plan to allow Wal-Mart to build a second store in Chicago. In the meantime, Citigroup downgraded Wal-Mart's rating because of worries that unionization might cut into Wal-Mart's profits.

Bill Moyers Journal: A Living Wage in an Ailing Economy?

This week, the JOURNAL introduced James Thindwa, a community organizer in Chicago who has been involved in a lengthy campaign to force big-box stores like Wal-Mart to pay employees a living wage if they want to open locations in the city. Those efforts proved controversial in struggling neighborhoods that lack other employment opportunities.


Truth unfolds in time through a communal process.
by marco on Fri Mar 27th, 2009 at 11:03:42 PM EST
[ Parent ]
to prevent the "institutionalization" of the "corporate state".

From interview on tonight's Bill Moyers Journal (video of the interview also available on this page):

William Greider | Bill Moyers Journal - PBS


BILL MOYERS: I read just this morning that there's a nation wide grassroots protest planned for April 11th.

WILLIAM GREIDER: I know some of those kids.

BILL MOYERS: You do?

WILLIAM GREIDER: Yeah, no, I'm excited by it.

BILL MOYERS: They're young people who want to take on banking reform, and reform the financial systems, as a campaign, an ongoing witness.

WILLIAM GREIDER: I know. They call themselves A New Way Forward.

<...>

BILL MOYERS: A corporate state?

WILLIAM GREIDER: A corporate state. And by that I mean a rather small but very powerful circle of financial institutions the old Wall Street banks, famous names. But also some industrial corporations that bought banks. Or General Electric, which is already half of big financial capital, GE Capital. And that circle will be our new Wall Street club. Too big to fail. Yes, watched closely by the Federal Reserve and others in government, but also protected by them. And that's a really insidious departure. To admit that and put it into law. And then think of all those thousands of smaller banks. How are they going to perform against these behemoths that have an inside track to the government spigot? And for just ordinary enterprise in general? Before you even get to the citizens. How are citizens supposed to feel about that? And I-- my point is, in this situation, with if the leading banks and corporations are sort of at the trough, ahead of everybody else in Washington, they will have the means to monopolize democracy. And I mean that literally. Some of my friends would say, hey, that already happened.

BILL MOYERS: Yeah, the corporate state is here.

WILLIAM GREIDER: The corporate state is here. And I'd say, let's not argue over that. The fact is, if the Congress goes down the road I see them going down, they will institutionalize the corporate state in a way that will be severely damaging to any possibility of restoring democracy. And I want people to grab their pitch forks, yes, and be unruly. Get in the streets. Be as noisy and as nonviolently provocative as you can be. And stop the politicians from going down that road. And let me add a lot of politicians need that to be able to stand up. Our President needs that to be able to stand up.



Truth unfolds in time through a communal process.
by marco on Fri Mar 27th, 2009 at 11:14:55 PM EST
[ Parent ]
following a clue i picked up on NPR's Planet Money podcast, i came across this

naked capitalism: Former Australian Prime Minister Savages Geithner's Performance in the Asian Crisis

"Tim Geithner was the Treasury line officer who wrote the IMF [International Monetary Fund] program for Indonesia in 1997-98, which was to apply current account solutions to a capital account crisis."

In other words, Geithner fundamentally misdiagnosed the problem. And his misdiagnosis led to a dreadfully wrong prescription.

Geithner thought Asia's problem was the same as the ones that had shattered Latin America in the 1980s and Mexico in 1994, a classic current account crisis. In this kind of crisis, the central cause is that the government has run impossibly big debts.

The solution? The IMF, the Washington-based emergency lender of last resort, will make loans to keep the country solvent, but on condition the government hacks back its spending. The cure addresses the ailment.

But the Asian crisis was completely different. The Asian governments that went to the IMF for emergency loans - Thailand, South Korea and Indonesia - all had sound public finances.

The problem was not government debt. It was great tsunamis of hot money in the private capital markets. When the wave rushed out, it left a credit drought behind.

But Geithner, through his influence on the IMF, imposed the same cure the IMF had imposed on Latin America and Mexico. It was the wrong cure. Indeed, it only aggravated the problem.

Keating continued: "Soeharto's government delivered 21 years of 7 per cent compound growth. It takes a gigantic fool to mess that up. But the IMF messed it up. The end result was the biggest fall in GDP in the 20th century. That dubious distinction went to Indonesia. And, of course, Soeharto lost power."

Exactly who was the "gigantic fool"? It was, obviously, the man who wrote the program, Geithner, although Keating is prepared to put the then managing director of the IMF, the Frenchman Michel Camdessus, in the same category.

Worse, Keating argued, Geithner's misjudgment had done terminal damage to the credibility of the IMF, with seismic geoeconomic consequences: "The IMF is the gun that can't shoot straight. They've been making a mess of things for the last 20-odd years, and the greatest mess they made was in east Asia in 1997-98, so much so that no east Asian state will put its head in the IMF noose."

China, in particular, drew hard conclusions from the IMF's mishandling of the Asian crisis. It decided that it would never allow itself to be dependent on the IMF, or the US, or the West generally, for its international solvency. Instead, it would build the biggest war chest the world had ever seen.

Keating continued: "This has all been noted inside the State Council of China and by the Politburo. And it's one of the reasons, perhaps the principal reason, why convertibility of the renminbi remains off the agenda for China, and it's why through a series of exchange-rate interventions each day that they've built these massive reserves....

sounds like a human wrecking ball...

Another accelerator to get Chris doing his happy dance!

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Sat Mar 28th, 2009 at 09:06:03 AM EST
[ Parent ]
BBC Host and HuffPo Blogger Warns of U.S. Military Action if China Pushes for Global Currency

It's has been in the news a lot lately, and the prospects of a global currency have Max Keiser, Huffington Post blogger and host of BBC World's "The Oracle," giving dire warnings of the consequences if China or other countries were to make a push for it.

 

Keiser appeared on Aljazeera English's March 27 "Inside Story" to discuss the possibilities of a global currency. Host Darren Jordon asked Keiser about the pitfalls of converting to a global currency and Keiser used it as an opportunity to launch into an anti-American diatribe.



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 Mar 28th, 2009 at 10:17:04 AM EST
[ Parent ]
That's an interesting response. My readings around the blogs suggest that the US was realising that losing reserve currency status was somewhat inevitable.

It'd be a blow to national pride and be damned expensive at a time when their economy is weak but, hello, a feature of the reserve currency is that it should be strong. Not a good counter argument for the US at this point.

Military action ? Against who ? I don't think china want the renimbi to take on the role, but I could be mistaken. Plus the US couldn't attack china except with missiles and I really don't think Obama is gonna get into that sort of pissing contest. Hell, even Bush wasn't that stupid.

As for attacking europe. Ha ha, don't make me laugh, we've got most of their troops on our soil and, to adopt glenn Beck's phrase, they are surrounded.

So I think this reflects the paranoid fantasies of global force powerplays than any realpolitik I understand.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sat Mar 28th, 2009 at 10:44:56 AM EST
[ Parent ]
Well, I'm surprised Keiser is peddling the Iraq/Iran Euro meme.

But I would make the point that it needn't be "either/or". People wouldn't stop pricing or selling in dollars overnight...they'd just gradually start using something else.

I think that as and when it happens we'll see the gradual acceptance of a complementary currency, and the gradual decline of the use of the dollar.

However, it won't be a process the US has any control over.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Sat Mar 28th, 2009 at 02:26:27 PM EST
[ Parent ]
WORLD
by Fran on Fri Mar 27th, 2009 at 03:05:36 PM EST
Obama Plans More Funding For Afghan War - washingtonpost.com

President Obama's new Afghanistan-Pakistan strategy will require significantly higher levels of U.S. funding for both countries, with U.S. military expenses in Afghanistan alone, currently about $2 billion a month, increasing by about 60 percent this year.

"The president has decided he is going to resource this war properly," said a senior administration official of the plan Obama is set to announce this morning. Along with the 17,000 additional combat troops authorized last month, he said, Obama will send 4,000 more this fall to serve as trainers and advisers to an Afghan army expected to double in size over the next two years.

In outlining his plan after a two-month review that began the week of his inauguration, Obama will describe it as a sharp break with what officials called a directionless and under-resourced conflict inherited from the Bush administration. Far from al-Qaeda being vanquished and the threat to the United States diminished, the official said, "seven and a half years after 9/11, al-Qaeda's core leadership has moved from Kandahar, in Afghanistan, to a location unknown in Pakistan . . . where we know they're plotting new attacks" against this country and its allies.

by Fran on Fri Mar 27th, 2009 at 03:07:13 PM EST
[ Parent ]
How the West lost its way in the East - Asia, World - The Independent
Kabul was taken in days, but then the 'liberation of Afghanistan' became a slow-motion disaster. Patrick Cockburn, who has reported on the conflict since 2001, charts the fatal mistakes

After seven long years in which it seemed a sideshow to the bigger conflict in Iraq, the war in Afghanistan has reached a critical point. The US must now choose how far it will become further embroiled in a messy conflict which affects its relations with Pakistan, India and the wider Middle East including Iran. At a moment when the world is convulsed by the worst economic disaster since 1929, Washington will have to decide if it really wants to invest time, money, military and political resources in beating back the ragged bands of Taliban who increasingly control southern Afghanistan.

At the end of last year, the White House was talking about repeating what was deemed to have been the success of the "surge" in Iraq. Some 30,000 extra US troops were sent to Iraq pursuing more aggressive tactics and the Sunni Arab insurgency seemed to wind down soon after. But the real turning point in Iraq was probably the defeat of the Sunni Arabs by the Shia. Nothing of this sort is likely to undermine the Taliban in Afghanistan just as their guerrilla attacks are inflicting more casualties than ever.

For a long time, the Afghan war seemed confined to one country. But in the past year there has been cross-infection between a whole series of crises, from the insurgency in Indian-administered Kashmir to the Islamic fundamentalist takeover of the Swat valley west of Islamabad. The political temperature has been rising and the seriousness of what was happening was only slowly appreciated in Washington.

by Fran on Fri Mar 27th, 2009 at 03:12:11 PM EST
[ Parent ]
Obama to set benchmarks in fight against militants - International Herald Tribune

WASHINGTON: President Barack Obama plans to further bolster American forces in Afghanistan and for the first time set benchmarks for progress in fighting Al Qaeda and the Taliban there and in Pakistan, the administration told congressional leaders on Thursday.

In imposing conditions on the Afghans and Pakistanis, Mr. Obama is replicating a strategy used in Iraq two years ago in hopes of justifying a deeper American commitment and prodding the governments in the region to take more responsibility for the political, military and economic missions there.

"The era of the blank check is over," Mr. Obama told the congressional leaders at the White House, according to an account of the meeting provided on the condition of anonymity because it was a private session.

The new Obama strategy will send an additional 4,000 troops to train Afghan security forces on top of the 17,000 extra combat and support troops he already ordered to Afghanistan shortly after taking office, according to people who attended the briefing. For now, Mr. Obama has decided not to send more combat troops, although commanders on the ground at one point had requested a total of 30,000 more American troops.

by Fran on Fri Mar 27th, 2009 at 03:13:51 PM EST
[ Parent ]
The World from Berlin: Success or Failure in Afghanistan Will Depend on Americans - SPIEGEL ONLINE - News - International

US President Barack Obama unveiled his new Afghanistan strategy on Friday, one week before a major NATO summit. He said the top goal was to destroy al-Qaida and announced a further 4,000 US troops would go to Afghanistan. German commentators say Washington is unlikely to get its European allies to commit to sending more soldiers.

On Friday, United States President Barack Obama announced his new strategy for Afghanistan, where the eight-year war against the Taliban and al-Qaida has proven to be a failure in many respects for Western powers in the NATO alliance. In a much anticipated move, he ordered 4,000 more miltary troops into the war zone to train the local Afghan army.

 Afghan children watch a British soldier walking past their home while on foot patrol in Musa Qala, Helmand province. In a speech Obama said the situation in Afghanistan was "increasingly perilous" and that the US must "disrupt, defeat and dismantle" the al-Qaida terrorist organization and the Taliban in Afghanistan and Pakistan. "Multiple intelligence estimates have warned that al-Qaida is actively planning attacks on the US homeland from its safe-haven in Pakistan," he said.

The president said that if the Afghan government falls to the Taliban or allows al-Qaida to go unchallenged, "that country will be a base for terrorists who want to kill us."

by Fran on Fri Mar 27th, 2009 at 03:16:57 PM EST
[ Parent ]
Right now the messages are mixed about what the Obama strategy for afghanistan is.

On one hand we have the troop escaliation, which gives the sinking feeling. On the other hand you hear that they finally get that this is a political problem and not a military one and requires the sort of joined up strategy whose absence has led to this disaster.

So it's difficult to know where this goes as there are too many ifs, buts and howevers.

Lets just say I'm not holding my breath that Saigon will not be re-visited.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Fri Mar 27th, 2009 at 05:13:53 PM EST
[ Parent ]
Let Afghanistan turn into the new Viet Nam.  Whatever brings down the Empire quickest, I'm for.  Will Obama be given a second chance "to get it right" on all fronts including the economy?

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Fri Mar 27th, 2009 at 05:26:47 PM EST
[ Parent ]
Obama is better than McCain would have been but he sure ain't no TWANK.  Too bad.  First black Prez. may go down in flames.

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Fri Mar 27th, 2009 at 06:06:58 PM EST
[ Parent ]
Energy Opportunities: Major Oil Companies Are Circling Iraq - SPIEGEL ONLINE - News - International

With stability returning, Oil Minister al-Shahristani has big plans to make his country the fourth-largest oil producer.

With security in Iraq improving, international oil companies are quickly moving in, often with little or no fanfare. Hanter Gasser, Royal Dutch Shell's (RDS) top executive for Iraq, recently spent a week in Basra, site of the country's biggest fields, checking on a joint venture Shell is starting with the Iraqis to find commercial uses for the gas that is flared off during oil production. Gasser says Iraq burns off enough gas to power two countries the size of Jordan.

 Iraqi police officers protecting oil installations north of Basra. Shell is one of about 30 oil companies, including ExxonMobil, Chevron, and BP, that are pursuing licensing agreements with Baghdad. Iraq intends to boost production in seven fields holding an estimated 44 billion barrels of reserves, more than a third of its total. Those agreements are supposed to be awarded in a few months. "We have high interest in Iraq, and we are waiting to see the terms," Gasser says. Iraqi oil production, at a low 2.5 million barrels a day, is just where it was before the war. If Iraq produced anywhere near its targeted 6 million barrels a day, it could change the industry's dynamics and curb talk of a looming shortage.

by Fran on Fri Mar 27th, 2009 at 03:07:46 PM EST
[ Parent ]
I look forward to the next Saddam booting the oil companies out once again.  Oil folks should take history courses.

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Fri Mar 27th, 2009 at 05:28:28 PM EST
[ Parent ]
UN Nuclear Watchdog Fails To Elect New Chief | Europe | Deutsche Welle | 27.03.2009
The International Atomic Energy Agency (IAEA) failed to elect a successor to its outgoing director Mohamed El-Baradei after five rounds of voting, setting the stage for a new ballot and possibly new candidates. 

Both Japanese diplomat Yukiya Amano and South African rival Abdul Samad Minty came up short in the vote to install a successor to Mohammed El-Baradei, who will be stepping down as IAEA chief in November after 12 years of service.

In three rounds of inconclusive balloting on Thursday, March 26, Amano, 61, polled more votes than Minty, 69, but fell short of the 24 required under the agency's rules.

On Friday, the board resorted to two runoff, "yes, no or abstain" ballots for each candidate. Amano took 22 "yes" votes, 12 "no" and one abstention. Minty garnered 15 "yes" votes, 19 "no" with one abstention. The nuclear watchdog has a 35-member board.

A new ballot is likely to be held in May, possibly with new candidates

"The slate of candidates is considered to have been wiped clean," Ambassador Taous Feroukhi of Algeria, chairman of the Vienna-based governing board, told reporters.

by Fran on Fri Mar 27th, 2009 at 03:19:56 PM EST
[ Parent ]
Pirates Seize European-Owned Tankers, Defy International Patrols | Europe | Deutsche Welle | 27.03.2009
The past two days have seen pirates hijack two European-owned chemical tankers off the coast of Somalia in the highest-profile captures since international navies began patrolling the region's sea lanes. 

Two European-owned tankers were hijacked off the Somali coast within 24 hours of one another, the EU's anti-piracy naval mission confirmed Thursday.

A Norwegian chemical tanker was seized some 720 kilometers off the coast of Somalia on Thursday, March 26, by pirates armed with machine guns.

The European Union's military spokesman said the 23,000-ton  Bow Asir, which is registered in the Bahamas, was captured on its way to the Persian Gulf.

Salhus Shipping, which owns the tanker, said in a statement that the crew numbered 27 members of different nationalities and that they had contacted the company after 16 to 18 pirates came aboard with automatic weapons.

"We have no reports of any injuries," said company director Per Hansen. "We are doing our utmost to ensure the safety of the crew, and have established communication lines with naval forces, insurance companies, flag state and charterer."

by Fran on Fri Mar 27th, 2009 at 03:23:11 PM EST
[ Parent ]
Pictured Wearing a Kimono: Patriotic or Not?
Last Saturday, a mother and her daughter who were photographed among the cherry blossoms on the campus of Wuhan University while wearing kimonos, were harassed by angry students and citizens who considered their behavior to be unpatriotic.

The issue has quickly become a hot topic in China.

<...>

It is true that Chinese were badly treated by Japanese aggressors during the war, however, it was Japanese aggressors who were guilty, not cherry blossoms or kimonos. Therefore, it is better to take practical measures to promote traditional Chinese culture rather than appeal to people's patriotism by condemning the two women.

<...>

The cherry blossoms, some of which were planted by Japanese aggressors during Word War Two, have become cultural symbols of Wuhan University after years of growth. Therefore, it is unreasonable to enjoy the cherry blossoms with a sense of nationalism.



Truth unfolds in time through a communal process.
by marco on Fri Mar 27th, 2009 at 03:52:29 PM EST
[ Parent ]
Cherry Blossoms, Wuhan, & Chinese Women In Kimonos | chinaSMACK
Three days ago, two Chinese women (a mother and daughter) in Wuhan went to see the "sakura" cherry blossom at Wuhan University and take pictures. However, they were different from the other people who went to admire the flowers because they were wearing kimonos, a traditional Japanese outfit for women.  Soon, this angered many other Chinese who told them to leave and over 10 young Chinese also followed them.

Debate topic on Sohu:

Should the mother-daughter pair wearing kimonos to take pictures have been driven away?

13,964 total people [as of 2009 March 24, 1:00am]

  • Supporting Point of View:
    Should, we cannot forget Japan's violations of our country, and doing this can make them wake up.
    7198 people.

  • Opposing Point of View
    Should not, it is only wearing kimonos to take pictures, we should be mature and tolerant, and not react extremely.
    6656 people.
Poll on Sohu:

Q: Mother-daughter wearing kimonos taking pictures at Wuhan University were driving away by city residents, what do you think?

97,884 votes [as of 2009 March 24, 1:00am]

  1. We cannot forget the eight years of hardships during the War of Resistance, wearing kimonos to admire the sakura cherry blossoms is an injustice to the martyrs who died resisting the Japanese.  46,649 votes (47.66%)
  2. History of course must be remembered well, but sakura cherry blossoms and kimonos have become a victim of the war.  19,078 votes (19.5%)
  3. The women admiring kimonos can adopt other ways to satisfy their own curiosity, and do not need to incur the public's wrath in broad daylight. 19,528 votes (19.96%)
  4. Why does something like this happen every year, why is there this kind of news every year? Truly speechless... 12,629 (12.91%)

[A sample of comments by Chinese bloggers, with those criticizing the harassment of the two women on the left, and those supporting or sympathizing with it on the right.  No correlation between individual comments on either side.]

Cherry Blossoms, Wuhan, & Chinese Women In Kimonos | chinaSMACKCherry Blossoms, Wuhan, & Chinese Women In Kimonos | chinaSMACK
Narrow-minded! If it is like this, then would pictures of classic European wedding gowns be a controversial yearning for when the Allied Forces of Eight Powers entered Beijing [in 1900]!? Truly narrow-minded! In the future, we should forever never mix national/ethnic culture then! Kimonos do not represent Japanese militarism, the Japanese common people also do not represent Japanese fascism. I truly feel ashamed for this kind of narrow-minded nationalism!I am not that sensitive.
That mother-daughter pair can go to Japan, wearing kimonos, no big deal, individual freedom.
But when you are clearly Chinese and you wear kimonos on the streets of China, then you are completely crazy.
Wearing Korean dress, India sari, all the same, all crazy.
I despise these fake patriots who only know how to bully the weak and small. This is not what courageous and upright men do.  If the [foreign] devils truly staged a comeback, I believe they [fake patriots] would flee faster than mice. ...If it were only to take photographs, there is no need to make such a big deal. From their situation, we can see they were intentionally trying to provoke, completely disregarding the disaster Japan brought to China and the disgrace to China's history.
Narrow-minded countrymen, may I ask how we should deal with the Japanese cars filling the streets, the Japanese electronics filling the department stores, and the Japanese cosmetics that fill the counters?When I see kimonos I think of Japan, and it cannot be unsaid that Japan is an unease forever in the hearts of Chinese. If I were there, I probably would not drive them away, only look at her curiously, and feel embarrassed for them.
When can China truly become strong and powerful?-When its citizens' characters are elevated!!! Using many to bully the few is patriotism?! Sad!!! Where is your heroism when in front of a knife-wielding gangster?! I also hate Japanese people, and dream of being able to see China destroy it in my remaining years!!! But this kind of behavior I very much despise!!!Wuhan University's sakura cherry blossoms s were planted when the Japanese army occupied Wuhan and established their headquarters at Wuhan University. It is because of this that some countrymen with consciences would oppose those wearing kimonos here to take pictures. This thing must be viewed with respect to the issue's historical background. If you do not know history, there is no need to rashly drag in Japanese products, dress, art, etc.
You all have an inferiority complex!!! China is a very big country, and as the people of a big country, you should have the bearing of people from a big country. but when someone wears a kimono, you forget it! It is none of your damn business, you are all too ignorant~ If you cannot tolerate kimonos, then why can you tolerate Japanese sakura cherry blossoms?China public spaces forbid beast dress/clothing! If you want to be beautiful, you can go be beautiful in Japan! Do not be beautiful here in China! Because Chinese people do not think this is pretty! Just like you seeing your wife giving me a gift of affection and me showing off in front of you!


Truth unfolds in time through a communal process.
by marco on Fri Mar 27th, 2009 at 04:15:37 PM EST
[ Parent ]
I'm with the commentators on the left.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Fri Mar 27th, 2009 at 05:33:01 PM EST
[ Parent ]
A Tiny Revolution: Learning to be Submissive
Learning to be Submissive

By: Aaron Datesman

My favorite part of being American is the crazy mirror which comes with the gig. When America gets up in the morning and looks in the mirror, somehow we see the Land of the Free and the Home of the Brave! This is a fantastic trick, I can't get over it.

This is the reason why I love Michael Moore's movie Sicko so much. Do you remember his interview with the group of American expats in France? "In France, the government is afraid of the people, they're afraid of protests, they're afraid of reactions from the people, whereas in the States people are afraid of the government. They're afraid of acting up, they're afraid of protesting, they're afraid of getting out."

This hits the nail on the head in my opinion. The submission to authority in this culture is unbelievable. I wonder how it got to be this way?

Oh. Maybe this was how:

Sometime the following year, the Security Chief of the Chicago Black Panther Party, the William O'Neill who had told me that now I could see why I had to pick up the gun, was revealed to have been an FBI infiltrator who worked closely with the police. Probably he was the one who put the drug in Fred Hampton's coffee that night, so that he would not be able to wake up when the police came to execute him.

The quote is from From Yale to Jail: The Life Story of a Moral Dissenter, the autobiography of David Dellinger. I should have read this book half a lifetime ago. You should read it, too.

-- Aaron Datesman

UPDATE BY JON: Right on, French people:

Bosses across the world are having to break bad news to employees as companies go under. But that can be a risky business in France, where some furious workers have taken to holding their managers hostage to demand better pay-offs.

In the latest outbreak of "bossnapping", workers at a pharmaceutical factory were Wednesday holding their boss in his office for a second day to force him to improve their redundancy packages.

No wonder Mitch McConnell is so terrified of the United States turning "into France."



'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty
by melo (melometa4(at)gmail.com) on Sat Mar 28th, 2009 at 09:17:25 AM EST
[ Parent ]
Financial Armageddon

Nearby, Bryan Hall, the fourth-generation owner of G.W. Hall & Sons, is in the same predicament. Dorchester County, where the crab-processing industry is based, had a 9.1% unemployment rate in January, second highest in the state. "I know unemployment's up, but I can't find Americans to do this job," Mr. Hall said.

Critics of the visa programs blame sponsors for driving down wages. Mr. Brooks said he offered the no-show hire an entry-level salary of $6.71 plus some incentives by piece and pound, and the potential to double her salary with experience.

"With our competition in Southeast Asia, we can't pay more," he said. "It's just better to close." The irony isn't lost on both sides of the debate: Foreigners are needed so Americans can compete with...foreigners.

To be sure, nearly all players in the global economy have grappled with the question of how open borders should be. In Europe, several countries with steep unemployment rates are paying migrants to return home.

The U.S. government's attitude marks a stark turnaround. During the boom years, Congress actually raised the number of H-1B visas, reserved for highly skilled immigrants. Now, some economists have suggested that allowing more foreigners into the U.S. -- say, an immigrant who buys a house in exchange for a green card -- would actually help jump-start the economy.

But a public beleaguered by lost jobs seems loath to embrace such an idea. The federal economic-stimulus package restricts H-1B hires among companies that receive funds from the Troubled Asset Relief Program. They must prove they have tried to recruit American workers at prevailing wages and that foreigners aren't replacing U.S. citizens.



'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty
by melo (melometa4(at)gmail.com) on Sat Mar 28th, 2009 at 09:32:21 AM EST
[ Parent ]
Reid: Roberts 'didn't tell us the truth' | Yahoo | 27.3.09
Senate Majority Leader Harry Reid said Friday that John Roberts misled the Senate during his confirmation hearings by pretending to be a moderate -- and that the United States is now "stuck" with him as chief justice.

by gk (gk (gk quattro due due sette @gmail.com)) on Sat Mar 28th, 2009 at 02:25:27 PM EST
[ Parent ]
there is a saying "if it walks like a duck and quacks like a duck, chances are that it's a duck"

My view is that, chances are, Harry Reid really is an idiot.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sat Mar 28th, 2009 at 03:14:58 PM EST
[ Parent ]
THIS, THAT, AND THE OTHER
by Fran on Fri Mar 27th, 2009 at 03:06:02 PM EST
Pharmaceuticals found in fish across U.S. - Health care- msnbc.com

Fish caught near wastewater treatment plants serving five major U.S. cities had residues of pharmaceuticals in them, including medicines used to treat high cholesterol, allergies, high blood pressure, bipolar disorder and depression, researchers reported Wednesday.

Findings from this first nationwide study of human drugs in fish tissue have prompted the Environmental Protection Agency to significantly expand similar ongoing research to more than 150 different locations.

"The average person hopefully will see this type of a study and see the importance of us thinking about water that we use every day, where does it come from, where does it go to? We need to understand this is a limited resource and we need to learn a lot more about our impacts on it," said study co-author Bryan Brooks, a Baylor University researcher and professor who has published more than a dozen studies related to pharmaceuticals in the environment.

by Fran on Fri Mar 27th, 2009 at 03:06:47 PM EST
[ Parent ]
and as any fule kno, mot of those pharmaceuticals come from agricultural runoff from all the damn antibiotics they pour down animals throats to keep them from catching all the diseases they'd get from being crammed too flipping close together.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Fri Mar 27th, 2009 at 05:37:08 PM EST
[ Parent ]
Prophylactic Measure: Facebook Users to Flood Vatican with Condoms - SPIEGEL ONLINE - News - International

Pope Benedict XVI triggered yet another scandal when he criticized the use of condoms in the fight against AIDS in Africa. Now the protests are taking an unusual form: The pontiff is about to receive a deluge of condoms by post -- gifts from international members of a Facebook group.

Condoms printed to mock Pope Benedict XVI after his polemic remarks that they do not help in the fight against AIDS. When Benedict XVI travelled to Africa, the continent worst-hit by AIDS, he stumbled, once again, head first into an international controversy. His remarks that condoms were not the answer in the continent's battle against the killer virus sparked vociferous criticism from experts and politicans alike.

Now that anger is being expressed in an unusual way: An Italian group on the social networking Web site Facebook is urging people to post condoms to the pope in protest over his remarks. It expects 60,000 subscribers will send a condom to the Vatican on Friday.

The postal protest is "a peaceful provocation ... a reaction to the pope's absurd words on condoms," wrote the Italian organizers of the Facebook group, which now has more than 26,000 members. It said it represented young people "who are the closest and most interested in this kind of question."

by Fran on Fri Mar 27th, 2009 at 03:11:40 PM EST
[ Parent ]
is barely being tapped just starting to be tapped, I think.

I hope and believe that EuroTrib can make good use of it.  But it should be more subtle and sophisticated than just creating a European Tribune Facebook group.  But what?  how?

Truth unfolds in time through a communal process.

by marco on Fri Mar 27th, 2009 at 03:33:44 PM EST
[ Parent ]
In addition to wasting time taking quizzes (I'm a post-structuralist historian and most like the West Wing character Toby, if you're wondering) I use facebook for all kinds of political stuff.  Locally, I'm networked with my representatives so I always know what's going on, or where there will be a gathering where I can lobby them, etc.  They also respond to FB feedback much more personally than yee olde e-mail or phone calls...  Another thing, the anti-missile shield group has a page.  They're Czech, but I'll get heads up on important votes or demonstrations, etc.  I think the only good ones usually have a participatory function, some kind of goal.  Like, Stop Blair!  

The downside of FB is if you have a group, it is, like on the internet, dependent on people finding it.  Also, frankly, the admins here seem to struggle all the time just to maintain the blog.  I don't see where they'll get the free time to run a facebook page.

The good the about FB is that as individuals we have access to the minds of large diverse populations - our friends.  Most of them probably will never read ET.  Most of us are not going to send an e-mail out to everyone we know when we read something brilliant on ET.  But, if like me, you are conniving and bored, you post the stuff on your page.  And your long lost cousin is like, "Wow!  That's the best thing I've read about the crisis!"  

"Talking nonsense is the sole privilege mankind possesses over the other organisms." -Dostoevsky

by poemless on Fri Mar 27th, 2009 at 03:53:45 PM EST
[ Parent ]
poemless: And your long lost cousin is like, "Wow!  That's the best thing I've read about the crisis!"

You wouldn't be referring to a Matt Taibbi article perchance?

Monday I posted The Big Takeover and was gobsmacked to find out that three of my most politically engaged (liberal) friends had never heard of Taibbi before (as I had not until last year -- I discovered him on ET, of course).

poemless: Also, frankly, the admins here seem to struggle all the time just to maintain the blog.  I don't see where they'll get the free time to run a facebook page.

Right.  As I said, a Facebook group is not the way to go (at least, not as the primary strategy for using Facebook).  And I certainly did not want to imply that the front-pagers here should be given an added burden of maintaining some kind of activity or presence through Facebook.

But as you say, The good the about FB is that as individuals we have access to the minds of large diverse populations - our friends.

And they have friends, and so on.

As with the LTE's, participation in talks and conferences, and so on, Facebook provides a channel to a potentially much broader audience.  What makes Facebook especially attractive is that it is a perfect medium or conduit for viral messaging.

Having said that, it is important to be careful about floor-pedalling your message amongst a wider audience, especially amongst friends of varying levels of closeness.  That's why a light touch and something more oblique, rather than heavy and full-on, would be ideal.  I just don't have a clear idea yet of what that look like.  Oh, and reiterating the first point: it should not be something that requires a lot of administrative overhead or oversight.

(Facebook is one medium.  I don't use it, but could Twitter be useful?  Are there others?)

Truth unfolds in time through a communal process.

by marco on Fri Mar 27th, 2009 at 04:36:25 PM EST
[ Parent ]
It was the Taibbi article!

"Talking nonsense is the sole privilege mankind possesses over the other organisms." -Dostoevsky
by poemless on Fri Mar 27th, 2009 at 05:01:35 PM EST
[ Parent ]
The Phantom of Heilbronn, the tainted DNA and an eight-year goose chase - Times Online

They call her "the woman without a face", a serial killer who has stalked Western Europe for more than 15 years, murdering young and old while leaving no witness who could describe her. The Phantom of Heilbronn, as she has also become known - an allusion to the scene of her most notorious crime - has apparently killed, mugged and burgled across Germany, France and Austria, leaving her DNA at 40 crime scenes.

Luckless German detectives have travelled thousands of miles in pursuit, perplexed as to how she could evade capture for so long. A €300,000 (£280,500) bounty has been put on her head.

Now it seems the Phantom might not, in fact, exist: officers believe that her "crime spree" was a fiction created by contaminated cotton swabs.

The Federal Criminal Police Office (FCPO) is investigating the theory amid strong suspicions that the female DNA evidence tracing her career comes from an employee involved in making the swabs or packing the cotton buds. If these fears are confirmed, it would throw the investigations of six murders and multiple burglaries into disarray and, as the head of the Baden-Württemberg state police union put it, be "a very embarrassing story".

[Murdoch Alert]
by Fran on Fri Mar 27th, 2009 at 03:14:13 PM EST
[ Parent ]
Hubble's greatest hits: Hubble space telescope images - Telegraph
The spiral galaxy M104 is famous for its nearly edge-on profile. Seen in silhouette against a bright bulge of stars, the cosmic dust lanes give it a hat-like appearance, suggesting the more popular name, The Sombrero Galaxy


by Fran on Fri Mar 27th, 2009 at 03:14:41 PM EST
[ Parent ]
When you look at this picture, contemplate that you are probably watching at dozens to thousands of civilisations; and that in all likelihood, all of those vanished during the 30 million years it took for this light to reach Hubble's sensors.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 27th, 2009 at 07:16:22 PM EST
[ Parent ]
we should frontpage this photo some time - really puts things in perspective!!

"Once in awhile we get shown the light, in the strangest of places, if we look at it right" - Hunter/Garcia
by whataboutbob on Sat Mar 28th, 2009 at 06:26:14 AM EST
[ Parent ]
Students give up wheels for their own two feet - International Herald Tribune

LECCO, Italy: Each morning, about 450 students travel along 17 school bus routes to 10 elementary schools in this lakeside city at the southern tip of Lake Como. There are zero school buses.

In 2003, to confront the triple threats of childhood obesity, local traffic jams and -- most important -- a rise in global greenhouse gases abetted by car emissions, an environmental group here proposed a retro-radical concept: children should walk to school.

They set up a piedibus (literally foot-bus in Italian) -- a bus route with a driver but no vehicle. Each morning a mix of paid staff members and parental volunteers in fluorescent yellow vests lead lines of walking students along Lecco's twisting streets to the schools' gates, Pied Piper-style, stopping here and there as their flock expands.

At the Carducci School, 100 children, or more than half of the students, now take walking buses. Many of them were previously driven in cars. Giulio Greppi, a 9-year-old with shaggy blond hair, said he had been driven about a third of a mile each way until he started taking the piedibus. "I get to see my friends and we feel special because we know it's good for the environment," he said.

by Fran on Fri Mar 27th, 2009 at 03:22:17 PM EST
[ Parent ]
BBC on Lancet Editorial: Pope 'distorting condom science'
One of the world's most prestigious medical journals, the Lancet, has accused Pope Benedict XVI of distorting science in his remarks on condom use.

It said the Pope's recent comments that condoms exacerbated the problem of HIV/Aids were wildly inaccurate and could have devastating consequences.

The Pope had said the "cruel epidemic" should be tackled through abstinence and fidelity rather than condom use.

A BBC correspondent says the Lancet's attack was unprecedentedly virulent.

[...]

"Whether the Pope's error was due to ignorance or a deliberate attempt to manipulate science to support Catholic ideology is unclear," said the journal.

But it said the comment still stood and urged the Vatican to issue a retraction.

"When any influential person, be it a religious or political figure, makes a false scientific statement that could be devastating to the health of millions of people, they should retract or correct the public record," it said.

"Anything less from Pope Benedict would be an immense disservice to the public and health advocates, including many thousands of Catholics, who work tirelessly to try and prevent the spread of HIV/Aids worldwide."

by de Gondi (publiobestia aaaatttthotmaildaughtusual) on Fri Mar 27th, 2009 at 05:15:08 PM EST
[ Parent ]
I just noted DoDo caught this yesterday. Today the BBC carries it. The Lancet hasn't put it up as of this writing.
by de Gondi (publiobestia aaaatttthotmaildaughtusual) on Fri Mar 27th, 2009 at 05:47:43 PM EST
[ Parent ]
The Lancet did put it up, but they stupidly keep most of it behind a subscription wall...

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 27th, 2009 at 06:56:22 PM EST
[ Parent ]
BBC NEWS | Technology | Wind-powered car breaks record

A British engineer from Hampshire has broken the world land speed record for a wind-powered vehicle.

Richard Jenkins reached 126.1mph (202.9km/h) in his Greenbird car on the dry plains of Ivanpah Lake in Nevada.

Mr Jenkins told the BBC that it had taken him 10 years of "hard work" to break the record and that, on the day, "things couldn't have been better".



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Fri Mar 27th, 2009 at 07:12:07 PM EST
[ Parent ]
ThinkProgress | UPS Announces It Will Stop Advertising On Bill O'Reilly's Show:

In response to our Stop Supporting The O'Reilly Harassment Machine campaign, UPS told us yesterday that it was investigating whether to continue supporting O'Reilly's show. "We are sensitive to the type of television programming where our messages and presence are associated and continually review choices to affect future decisions," spokeswoman Susan Rosenberg told us.

Today UPS announced it will stop advertising on O'Reilly's show. Here is the statement UPS emailed out just moments ago:

Too much wiggle room left in that, but still -- progress.

Possible Faux News headline: "Brown Shirts Pull Ads from O'Reilly Factor."

Be nice to America. Or we'll bring democracy to your country.

by Drew J Jones (pedobear@pennstatefootball.com) on Fri Mar 27th, 2009 at 08:41:42 PM EST
[ Parent ]
New Nanogenerator May Charge IPods And Cell Phones With A Wave Of The Hand

In research presented at the American Chemical Society's 237th National Meeting in Salt Lake City, Utah on March 26, scientists from Georgia describe technology that converts mechanical energy from body movements or even the flow of blood in the body into electric energy that can be used to power a broad range of electronic devices without using batteries.

"This research will have a major impact on defense technology, environmental monitoring, biomedical sciences and even personal electronics," says lead researcher Zhong Lin Wang, Regents' Professor, School of Material Science and Engineering at the Georgia Institute of Technology. The new "nanogenerator" could have countless applications, among them a way to run electronic devices used by the military when troops are far in the field.

The researchers describe harvesting energy from the environment by converting low-frequency vibrations, like simple body movements, the beating of the heart or movement of the wind, into electricity, using zinc oxide (ZnO) nanowires that conduct the electricity. The ZnO nanowires are piezoelectric -- they generate an electric current when subjected to mechanical stress. The diameter and length of the wire are 1/5,000th and 1/25th the diameter of a human hair.

In generating energy from movement, Wang says his team concluded that it was most effective to develop a method that worked at low frequencies and was based on flexible materials. The ZnO nanowires met these requirements. At the same time, he says a real advantage of this technology is that the nanowires can be grown easily on a wide variety of surfaces, and the nanogenerators will operate in the air or in liquids once properly packaged. Among the surfaces on which the nanowires can be grown are metals, ceramics, polymers, clothing and even tents.



The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
by dvx (dvx.clt ät gmail dotcom) on Sat Mar 28th, 2009 at 05:28:57 AM EST
[ Parent ]
KLATSCH
by Fran on Fri Mar 27th, 2009 at 03:06:19 PM EST
Sarkozy threatens to renounce Andorra title - EUobserver

French President Nicolas Sarkozy has threatened to renounce his title of co-prince of Andorra if the tiny country does not change its secretive banking laws, a government minister confirmed on Thursday (26 March).

The Principality of Andorra, a miniscule territory squeezed between France and Spain in the Pyrenees, has been jointly ruled by the two countries since it was established centuries ago.

Mr Sarkozy has been co-prince of Andorra since he became president of France in 2007

The French president and Spain's Bishop Joan Enric Vives Sicilia are the current co-princes of Andorra, which is currently on the Organisation for Economic Cooperation (OECD) blacklist of "non-co-operative" financial centres, or, in other words, tax havens.

"He [Nicolas Sarkozy] said he would renounce his title of co-prince of Andorra if all countries that practise these tax haven mechanisms do not behave themselves," French minister for family affairs, Nadine Morano, said on the i-Télé television channel.

Ms Morano was referring to comments made by Mr Sarkozy on Wednesday to deputies from his UMP party.

by Fran on Fri Mar 27th, 2009 at 03:10:00 PM EST
[ Parent ]
Is it still the case that each Andorran smokes about 200,000 cigarettes per year?

Well, that's how many go in and don't come out anyway, and of course the tobacco companies were shocked....shocked...at the implcation that something illicit might have been going on.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Fri Mar 27th, 2009 at 04:09:12 PM EST
[ Parent ]
how many go in and don't come out anyway

I think I just saw some go down the road in a van.

by afew (afew(a in a circle)eurotrib_dot_com) on Fri Mar 27th, 2009 at 05:31:14 PM EST
[ Parent ]
Spain's Bishop Joan Enric Vives Sicilia

He's not "Spain's Bishop", he's the Bishop of La Seu d'Urgell

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Carrie (migeru at eurotrib dot com) on Fri Mar 27th, 2009 at 04:52:46 PM EST
[ Parent ]
Space storm alert: 90 seconds from catastrophe - space - 23 March 2009 - New Scientist

T IS midnight on 22 September 2012 and the skies above Manhattan are filled with a flickering curtain of colourful light. Few New Yorkers have seen the aurora this far south but their fascination is short-lived. Within a few seconds, electric bulbs dim and flicker, then become unusually bright for a fleeting moment. Then all the lights in the state go out. Within 90 seconds, the entire eastern half of the US is without power.

A year later and millions of Americans are dead and the nation's infrastructure lies in tatters. The World Bank declares America a developing nation. Europe, Scandinavia, China and Japan are also struggling to recover from the same fateful event - a violent storm, 150 million kilometres away on the surface of the sun.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Fri Mar 27th, 2009 at 05:37:51 PM EST
[ Parent ]
The GWOT is over, long live "War on the Sun"

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Fri Mar 27th, 2009 at 06:08:22 PM EST
[ Parent ]
Well it's obviously the cause of all that global warming.

Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Fri Mar 27th, 2009 at 06:34:19 PM EST
[ Parent ]
Space storm alert: 90 seconds from catastrophe - space - 23 March 2009 - New Scientist
The next solar maximum is expected in 2012.

as the Mayans predicted!

Truth unfolds in time through a communal process.

by marco on Fri Mar 27th, 2009 at 06:20:59 PM EST
[ Parent ]
Baktun here we come!

You can't be me, I'm taken
by Sven Triloqvist on Fri Mar 27th, 2009 at 06:29:06 PM EST
[ Parent ]
I've been waiting 52.000 years for this ;-)

You can't be me, I'm taken
by Sven Triloqvist on Fri Mar 27th, 2009 at 06:29:52 PM EST
[ Parent ]
BTW Denmark will have the EU Presidency then ;-)

You can't be me, I'm taken
by Sven Triloqvist on Fri Mar 27th, 2009 at 06:30:36 PM EST
[ Parent ]
better make sure you're not out, wouldn't want to miss it wwhen it calls.

Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Fri Mar 27th, 2009 at 06:35:13 PM EST
[ Parent ]
You mean out of the planet? ;-)

You can't be me, I'm taken
by Sven Triloqvist on Sat Mar 28th, 2009 at 07:23:31 AM EST
[ Parent ]
Holy crap, there is one every 11 years.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Carrie (migeru at eurotrib dot com) on Fri Mar 27th, 2009 at 06:31:31 PM EST
[ Parent ]
this time:

Space storm alert: 90 seconds from catastrophe - space - 23 March 2009 - New Scientist

... There are two problems to face. The first is the modern electricity grid, which is designed to operate at ever higher voltages over ever larger areas. Though this provides a more efficient way to run the electricity networks, minimising power losses and wastage through overproduction, it has made them much more vulnerable to space weather. The high-power grids act as particularly efficient antennas, channelling enormous direct currents into the power transformers.

The second problem is the grid's interdependence with the systems that support our lives: water and sewage treatment, supermarket delivery infrastructures, power station controls, financial markets and many others all rely on electricity. Put the two together, and it is clear that a repeat of the Carrington event could produce a catastrophe the likes of which the world has never seen. "It's just the opposite of how we usually think of natural disasters," says John Kappenman, a power industry analyst with the Metatech Corporation of Goleta, California, and an advisor to the NAS committee that produced the report. "Usually the less developed regions of the world are most vulnerable, not the highly sophisticated technological regions." ...

Still, I am not quite clear why there should be so much more concern about this particular date.  Will the grid have grown that much since 2001?  Will we have gotten that much more dependent on it by 2012?  Or is this particular solar maximum expected to have an unusually large impact?

Truth unfolds in time through a communal process.

by marco on Fri Mar 27th, 2009 at 07:01:06 PM EST
[ Parent ]
2012 is just the next possible date. A repeat Carrington Event may not come for 1000 years as well...

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 27th, 2009 at 07:09:40 PM EST
[ Parent ]
A point for distributed power: intermittent local generation may not be perfect, but better than nothing until the high-voltage power grid is repaired.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Mar 27th, 2009 at 07:06:10 PM EST
[ Parent ]

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