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European Salon de News, Discussion et Klatsch - 10 October

by ceebs Tue Oct 9th, 2012 at 04:52:41 PM EST

 A Daily Review Of International Online Media 


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

by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 03:07:59 PM EST
BBC News - Merkel pledges support for Greece in Athens visit

German Chancellor Angela Merkel has pledged her country's continuing support to Greece.

During her first visit there since the eurozone crisis erupted nearly three years ago, she said it had made good progress with its vast debt but that it was on a "difficult path".

Thousands of Greeks who blame Germany for forcing painful austerity measures on them have protested in Athens.

Police used teargas and stun grenades against some of the demonstrators.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 03:13:02 PM EST
[ Parent ]
Merkel voices hope for debt-crippled Greece amid anti-austerity rallies - Xinhua | English.news.cn

German Chancellor Angela Merkel on Tuesday voiced hope that Greece would overcome its challenges and remain in the eurozone, during her first visit to Athens since the start of the debt crisis which has cast a dark shadow over Europe since 2008.

Amid strict security measures and mass demonstrations against austerity, Merkel pledged Germany and the EU's support for Greece as long as the debt-crippled country continued on its challenging path of fiscal adjustment and reform.

"Significant progress has been achieved. I hope and wish that Greece will remain part of the euro," she said after talks with Greek Prime Minister Antonis Samaras. She repeatedly stressing in meetings with Greek political leadership that Germany was a good friend of the country and would do whatever possible to support Greece.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:34:31 PM EST
[ Parent ]
Amid strict security measures and mass demonstrations against austerity, Merkel pledged Germany and the EU's support for Greece as long as the debt-crippled country continued on its challenging path of fiscal adjustment and reform.

First hunger, then starvation. The Palestinian model. Enjoy!

They tried to assimilate me. They failed.

by THE Twank (yatta blah blah @ blah.com) on Tue Oct 9th, 2012 at 06:12:16 PM EST
[ Parent ]
Greek reservist commandos appeared today in the protests chanting "together to kick out the Nazis". Though they probably meant Merkel, at this point any sign of anti-nazi sentiment from people in uniform in Greece is welcome:

Chants included "Merkel out of Greece"...

The "together to kick out the Nazis" chant accompanied the burning of Nazi and German flags elsewhere in the demo:

Otherwise the police response was par for the course of leading Greece to a Lukashenko-style regime. Mass indiscriminate preventive arrests early on, large parts of the city were unreachable, six metro stations were shut down, and the police after a certain hour continued it's traditional gratuitous use of tear-gas and violence. But the protests were large enough




Naked people participated too:





The police also found a new use for "arrested" protesters - human shields (rocks are being thrown at police as the picture is taken):



The road of excess leads to the palace of wisdom - William Blake

by talos (mihalis at gmail dot com) on Tue Oct 9th, 2012 at 07:16:18 PM EST
[ Parent ]
Remember this photos and videos...it's chilling and reminds me of few scenes in "Cabaret"(movie with Liza Minnelli)...but in kind of not same sense but more opposite ...this is more like antifascism...But still chilling because you can feel how sentiment is building to the point where violence is simply unavoidable...There will be wars in Europe again...Oh NOOOO!
Interestingly Merkel is so arrogant to come to Greece in this moment and to talk her shit to hungry people and promise them more of the same. She was lucky this time...


Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Tue Oct 9th, 2012 at 11:01:27 PM EST
[ Parent ]
No, I don't think there will be wars, but there will be revolutions

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 10th, 2012 at 03:39:22 AM EST
[ Parent ]
Hi kids! Anyone want to hear what I think?

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Wed Oct 10th, 2012 at 08:46:43 AM EST
[ Parent ]
Always...

Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Wed Oct 10th, 2012 at 10:39:14 AM EST
[ Parent ]
Just kidding. I thought I would hear a resounding NO!!!

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Wed Oct 10th, 2012 at 10:41:22 AM EST
[ Parent ]
You did.
by gk (gk (gk quattro due due sette @gmail.com)) on Wed Oct 10th, 2012 at 12:41:22 PM EST
[ Parent ]
Well what's the difference really? Europeans are going to kill each other. It's even worse if for example Brits are going to kill Brits, then if Greeks are going to kill Germans. Whatever...it will be blood and it will be messy...one can smell it right now watching this and other unrests in Europe. Out of desperation and poverty all the evil comes. People are easily manipulated in these circumstances. I have seen it once in my life.I do not like what I see, not really. God help us all.

Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Wed Oct 10th, 2012 at 10:46:00 AM EST
[ Parent ]
How many more, George? Ruth Anim and Liam Barker - different disabilities, very similar situations - Comment - Voices - The Independent

Just over two weeks ago, I heard and wrote about the case of Liam Barker. Eighteen years old, paralysed since birth, he breathes through a ventilator.

His parents had just received a letter informing them that in order to receive Employment Support Allowance, he might have to prove he is unable to work by attending a Work Capability Assessment.

Just over two weeks ago, I first started wondering how many more Liam Barkers there would be.

I am sad to say that on Thursday, I heard of a case very similar to that of Liam Barker.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:00:34 PM EST
[ Parent ]
As many as it takes to make the bottom line look good.
Then whoever is left.

The WCA in itself is a farce, the way it's carried out by Atos is even worse. GP, specialist and other medical professional opinion over years of knowing the person makes no difference: what matters is a narrow 30-45 minute consultation with someone who may or may not have any medical training.

I can understand that a non-professional with a checklist can "miss" mental health problems. But obvious physical disability? Working for Atos (and apparently the DWP) seems to mean checking in your humanity at the door.

by Number 6 on Wed Oct 10th, 2012 at 05:17:52 AM EST
[ Parent ]
A relative of mine was told that he had to bring all of his medicines with him, or fail the assessment. he was recovering from Back surgery

so they passed him fit for work because he could carry the carrier bag with the medicines in

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

by ceebs (ceebs (at) eurotrib (dot) com) on Wed Oct 10th, 2012 at 08:38:36 AM EST
[ Parent ]
Show up with a child: clearly you can look after a child some of the time, extrapolate to 100% of the time --> you can work.
Show up with clean clothes: clearly you can look after yourself and get somewhere on time occasionally, extrapolate to 100% of the time --> you can get anywhere and talk to anyone, no health issues, you can work.
Show up alone or walking without aid --> etc.

The whole procedure is a distraction, just like the deficit.

Real goal: "We will spend less on disabled people."
Official statement: "We need to help those who can work get back to work."
Distraction: "This test will tell us something or other."
Result: Morons spend time criticising the tests.

Real goal: "We will shrink the state and lower taxes, mainly for the rich."
Official statement: "We need to save."
Distraction: "Deficit. Deficit. Exterminate the de-fi-cit."
Result: Morons spend time criticising the specific savings.

So angry. Apathetic. Where Sue Marsh and others get their energy to carry on I don't know. Maybe I'm not angry enough.

(Disclaimer: Not personally disabled or receiving any of these benefits. Have a job making above median salary. As Pratchett said: "indoor work with no heavy lifting".)

by Number 6 on Wed Oct 10th, 2012 at 09:23:07 AM EST
[ Parent ]
This can only happen because ordinary people are bastards who will bully sick and disabled people and make them feel ashamed of themselves if they complain in public about their condition and not receiving help.

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 09:39:21 AM EST
[ Parent ]
True.

If only there were a form of compassion/solidarity/whatever that wasn't susceptible to the usual attacks:

Leftist/Working class - "'it were terrible'? I think you mean 'it was'. Good day."
Leftist/Trotskyist student - "Get a hair cut. Stop smoking that."
Religious - "Yeah, fine, grandma, why don't you stick to the psalms and the knitting."

Compassion pays of for society over time. Greed pays off for the individual right now. (I have no solutions today. I yield the floor.)

by Number 6 on Wed Oct 10th, 2012 at 10:00:29 AM EST
[ Parent ]
Another reason why the government can get away with this kind of thing is that cutting benefits is not so obvious a way of killing people off as beating them to a bloody pulp.

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 10:06:54 AM EST
[ Parent ]
well it would be obvious if the national broadcaster actually transmitted anything more than scrounger rhetoric.

for example theres a report today that GP's are suggesting that 1 in 4 disabled patients are considering suicide when faced with this scheme

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

by ceebs (ceebs (at) eurotrib (dot) com) on Wed Oct 10th, 2012 at 04:40:57 PM EST
[ Parent ]
Isn't the new BBC boss cutting down core staff? As in 'we'll just order "programmes" and let the market sort it out'?
by Number 6 on Thu Oct 11th, 2012 at 05:01:42 AM EST
[ Parent ]
One of the themes in Shock Doctrine was how the idea to shock a society was developed from brain washing experiments performed in USA and Canada. With enough electric shocks memory can be lost and a blank slate acheived upon which to build a new personality (except the latter part did not work so well) and an idea behind the shock theory is that enough shocks to a society will achieve a state were history is lost and a new society built on the new slate (except it does not work so well). Anyway, the result is fear, outrage fatigue and looking after one self.

Of course, she also documents how new movements handle it, in particular in Latin America where they have more experience then most.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se

by A swedish kind of death on Wed Oct 10th, 2012 at 01:47:45 PM EST
[ Parent ]
David Cameron hints at Europe referendum - UK Politics - UK - The Independent

David Cameron has given his strongest hint yet that he will offer the British public referendum on the UK's relationship with the European Union.

The Prime Minister gave ground to Tory Eurosceptics, who reacted angrily to his previous suggestion that Britain's position could be decided either at a general election or in a referendum. The sceptics rejected the election option, saying other issues would muddy the waters.

Today Mr Cameron said a separate referendum would be the "cleanest, neatest and simplest way" to give people a say on Europe. Aides said it would almost certainly be held after the 2015 election, when the shape of the fiscal union being forged by eurozone countries would be much clearer.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:24:45 PM EST
[ Parent ]
Early steps towards disunion of the UK?

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Tue Oct 9th, 2012 at 11:16:11 PM EST
[ Parent ]
No, not really. for one thing, I suspect he's offerng this as a sop to his backwoodsmen and also a small but growing fraction of conservative voters who are peeling off to vote UKIP (eg my sister). They might be persuaded back into the fold if they think they can vote against europe.

However, if it came to it, given the chaos in the eurozone, I think a lot of people might vote no cos they think the EU and the euro are one and the same.

Scottish independence is also going down the tubes, so I think we're stuck as we are.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 10th, 2012 at 03:43:21 AM EST
[ Parent ]
It's early electioneering. There are many Tory skeptics and probably more working class low information voters with xenophobic tendencies who can be persuaded to vote Tory again if they promise to stem the flood of Eastern European workers willing to accept Chinese wages.

But it's not going to happen while so many rich Tory landowners line their pockets with CAP payments.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Oct 10th, 2012 at 06:40:11 AM EST
[ Parent ]
BBC News - Scottish independence: 'Deal agreed' on referendum

A deal has been reached between the UK and Scottish governments over the rules for the independence referendum.

The ballot paper is expected to have a single yes/no question on whether Scotland should leave the United Kingdom.

It is also understood the agreed plan will extend the vote to include those aged over 16.

It paves the way for a meeting between David Cameron and Alex Salmond expected to take place on Monday in Edinburgh.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:30:05 PM EST
[ Parent ]
I can't imagine for an instant that Scotland would want to leave the EU.

Since an EU referendum in the UK (see above) will certainly lead to secession, the question of Wales and Ulster will become urgent.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Tue Oct 9th, 2012 at 05:15:25 PM EST
[ Parent ]
Whlst that's true, scottish independence is losing popularity. It made sense as a bid to join the celtic tigers of the eurozone, but in the current shambles, staying in the UK with sterling seems like a safe haven.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Wed Oct 10th, 2012 at 03:45:34 AM EST
[ Parent ]
BBC News - Italy sacks Reggio Calabria council over 'mafia ties'

The entire council of the city of Reggio Calabria in southern Italy has been sacked to stop it from being taken over by the mafia, officials say.

The move came after some councillors were suspected of having ties to the powerful 'Ndrangheta crime syndicate.

Officials said it was the first time that the entire government of a provincial capital had been dismissed over suspected mafia links.

Three commissioners will run the city for 18 months until elections.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:44:24 PM EST
[ Parent ]
Good grief. From Wikipedia:
"'Ndrangheta has annual revenue of about € 35-40 billion, which amounts to approximately 3.5% of the GDP of Italy"
by Number 6 on Wed Oct 10th, 2012 at 11:15:39 AM EST
[ Parent ]
BBC News - Irish farmers protest in Dublin over CAP reforms

An estimated 20,000 farmers have demonstrated in Dublin amid concerns about future EU and government funding.

Many streets around Leinster House and Government Buildings were closed as the farmers marched through the city to Kildare Street.

Irish Farmers' Association President John Bryan said the turnout sent a clear message to Europe and the government that farming matters.

Their main concern is the reform of the EU Common Agricultural Policy.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:45:19 PM EST
[ Parent ]
Eurointelligence Daily Morning Newsbriefing: IMF says crisis will come back without banking union (10.10.2012)
Global financial stability report warns of large-scale capital flight with the potential to trigger a credit crunch and an ensuing recession; IMF predicts further bank asset shrinkage of between $2.8 trillion to $4.5 trillion by end-2013; José Viñals says it is of utmost necessity that the eurozone achieves banking and fiscal union; it says the function of a banking union must be to break the pernicious link between banks and their sovereign; says a banking union requires a fiscal union to be credible in the form of a resolution fund and deposit insurance; Peter Orszag warns Europeans not to underestimate the hysteresis effect that results from the austerity policies;  Luis de Guindoes said the IMF forecasts for Spain are too pessimistic; Vittorio Grilli presents the 2013 budget law, which includes further savings to achieve the budgetary target; there will be new cuts to the health budgets, and a non-renewal of temporary contracts of public workers; Angela Merkel's visit to Athen was no PR disaster after all; the Wall Street Journal says the purpose of her visit is to stabilise the Samaras government and to defend herself against attacks from Peter Steinbruck; says no one in Merkel's surrounding is under any illusion about her perception by ordinary Greeks; Kathimerini reports that Merkel assured Samaras that he will get the next round of money as long as he keeps on going with the reforms; the Greek finance ministers says that talks about an extension of the Greek programme are finally on the table; the French parliament passes the fiscal pact with a wide margin - Hollande managed to secure a small majority of leftist MPs, not having to rely on opposition vote; Portugal replaces tax measures with spending cuts in 2013 budget; a former German government advisor says Germany is using bailouts to rescue its own banks; Ecofin reaches agreement on financial transaction tax on the basis of  enhanced coordination; Finland has yet to decide whether it wants to take part in this programme; Suddeutsche Zeitung wonders how this tax could conceivably stop the next financial crisis; Silvio Berlusconi, meanwhile, reiterates his support for Mario Monti, but nobody believes him.


I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 03:53:41 AM EST
[ Parent ]
German economic advisor says Germany is using bailouts to rescue its own banks

On Sunday Salvados, a TV program from Spanish station La Sexta, aired a reportage (video) on the relationship between Germany and Spain in the crisis, under the title Viva Spanien. The program culminated in an 18-minute interview (see clip with supporting text from La Sexta) with Spanish-born German economist Jürgen Donges, which has had a great impact in Spanish media. Donges is a former German government economic advisor to the Kohl and Schröder administrat[ion]s, mischaracterised in some current press reports as an advisor to Merkel. There is an English-language summary at Forex Crunch.

Some of the key moments of the interview are as follows:

Donges points to household debt as a key indicator that 'Spain had been living above its means', for instance buying high-end German cars. This leads to a discussion of the mutual responsibility of Spanish borrowers and German lenders, which Donges resolves by pointing out that a car buyer informs himself about the car much more than he cares to do about taking a loan. Conversely, on lender responsibility Donges says he never advocated rescues of other countries "if the issue is to save our banks we should give the money to our banks" which is not done for political reasons. He concludes "it is true that, when we talk about 'rescuing Greece or Spain', and we economists say so, we're rescuing our banks exposed to those countries. It is clear to us."



I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 03:59:14 AM EST
[ Parent ]
A swedish kind of death linked to the Forex Crunch story in yesterday's Salon.

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 04:09:53 AM EST
[ Parent ]
I watched the programme last night. There's more than is reported on Eurointelligence:

On politics, Donges first explains that Merkel must insist on conditionality because Germany has a large number of bankrupt municipalities, and social services are being cut affecting the citizens, who cannot then understand that Germany is negotiating the size of large bailouts of other countries. He then says Merkel's hard image abroad 'doesn't fly' in Germany where people know 'she always gives in' (as in last June's summit where she was 'blackmailed by Hollande, Monti, and Rajoy'). Finally, in relation with the 'fiscal pact' or 'golden rule' Donges says he prefers the behaviour of Zapatero and Rajoy, who religiously implement agreements reached at the European level, to that of France.

On cuts to the social safety net, Donges argues that cuts to support for people with dependents "wouldn't have been done in Germany", but that he would have preferred (as Germany has done) to reduce the length of time but not the amount of unemployment subsidies which he calls "a perverse incentive" to not seek work until the subsidy runs out. This leads to a discussion of German reforms, and Donges concludes that the choice is between precarious employment and outright unemployment, and that there is no alternative.

People on twitter reacted to dogwhistles such as when he said men study cars in detail before buying them, like women study washing mashines. Also when he referred to people affected by social cuts as "collateral damage" "as in a war" they had no part in initiating.

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS

by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 04:13:54 AM EST
[ Parent ]
To add, the "political reasons" for not bailing out the banks directly were explored in other segments of the programme, but not very explicitly. For instance, the situation of the German banking sector is discussed with the Germany correspondent of La Vanguardia. The German public's frustration over Hypo Real Estate and SOFFIN in 2008 is mentioned. though the name SOFFIN is never uttered (presumably because it would mean nothing to a Spanish audience), the figure of €300bn is given. I am reminded of a Spiegel story from 2008, The Bottomless Pit: Germany's Faltering Bank Bailout Program. The introduction of the debt brake in the Constitution in 2009 at the end of the latest Grand Coalition is also mentioned, though Donges paints it as the culmination of a decade of "reforms" started by Schröder (again, the Hartz reforms are discussed but not mentioned by name). The presence of 5,000 professional lobbyists at the Bundestag is also touched upon. This is a phenomenon that we know is common in Brussels, too, but it is mostly alien to the Spanish political culture which interprets lobbying as outright cronyism (not that it doesn't happen, but it is seen as corrupt and not done openly).

Overall, the programme was well worth watching in full.

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS

by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 05:32:28 AM EST
[ Parent ]
The banking union currently under discussion in the EU, do we know the details of how it sucks?

That it sucks is a given considering the lot negotiating it, I assume it will something to the form of "countries must back up their banks, ECB will rule budgets of peripheral countries". But that is just an ssumption.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se

by A swedish kind of death on Wed Oct 10th, 2012 at 07:24:47 AM EST
[ Parent ]
Fucking banking union, how does it suck?

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 08:26:50 AM EST
[ Parent ]
Like your ... no I can't do that properly.
by Number 6 on Wed Oct 10th, 2012 at 11:20:37 AM EST
[ Parent ]
You could do worse than this summary by Münchau (from a recent Salon): Welcome back to the eurozone crisis (FT.com, September 30, 2012)
... This is how I would summarise the German position:

First, we do not really want a banking union all, but if we have to have it, we would like to limit the remit of the pan-European supervisor to a few large cross-border banks.

Second, ideally the supervisor should not be the ECB; if it has to be the ECB, there must be safeguards, stronger than those proposed, to ensure that monetary policy remains independent from the banking supervisor.

Third, there shall be no joint deposit insurance.

Fourth, the banking union shall not deal with any legacy risk, only problems that arise in the future. The Spanish bank programme remains a Spanish bank programme.

Fifth, the ESM should not be able to undertake direct bank recapitalisations until the banking union is fully implemented. This will take many years.

Whether or not you call this a banking union, or a breach of the June 29 agreement, is irrelevant. ...



I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 08:29:27 AM EST
[ Parent ]
I'll have to register to read in full. Going by way of Google does no longer work. Ah well, what is another source of spam?

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se
by A swedish kind of death on Wed Oct 10th, 2012 at 01:58:28 PM EST
[ Parent ]
Works for me. Clean out your cookies and try again?
by generic on Wed Oct 10th, 2012 at 03:06:14 PM EST
[ Parent ]
tPortal.hr: Krugman: 'Croatia should be in no hurry to join eurozone'
He said that the introduction of the euro laid the foundation for the crisis in Europe, but that going back now would be even a greater catastrophe. He said that Croatia should be in no hurry to join the eurozone.

...

He compared Croatia to Spain in terms of the poor flexibility of foreign exchange rates and the balance of payments deficit.

The governments of small countries, such as Croatia, do not have much room for manoeuvre. The government should accept demands of outside players, but need not do more than necessary. The Croatian government cannot say no to demands from the European Union, but should adapt, Krugman concluded.



I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 05:28:58 AM EST
[ Parent ]
The treaty passed (no surprise) : 477 votes for, 70 votes against, 21 abstained, 9 did not vote.

Hollande got his governmental majority : 282 votes from the left, which is a majority of votes expressed (274 required), but not an absolute majority of the Assembly (which would be 289).

Traité budgétaire : Hollande se félicite que la gauche se soit "réunie" pour le vote

Groupe SRC (PS...) : pour, 264 ; contre, 20 ; abstention, 9.
Groupe EELV (écologistes) : pour, 3 ; contre, 12 ; abstention, 2.
Groupe RRDP (radicaux de gauche) : pour, 14 ; abstention, 2.
Groupe GDR (Front de gauche...) : pour, 1 ; contre, 13 ; abstention, 1.

Groupe UMP : pour, 167 ; contre, 17 ; abstention, 6.
Groupe UDI (centre) : pour, 28 ; contre, 1 ; abstention, 1.

Non inscrits (FN, Dupont-Aignan...) : contre, 7.



It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Wed Oct 10th, 2012 at 06:07:12 AM EST
[ Parent ]
And this one yea from the GDR had problems with pushing the right button? Or is that an effect of leftist Parliamentarians being there on the PS's suffering?
by generic on Wed Oct 10th, 2012 at 06:50:50 AM EST
[ Parent ]
tPortal.hr: Fuele: Croatia needs to carry out 10 tasks before accession (10.10.2012)
It is very important that Croatia should pay particular attention to completing its preparations in time so that that is reflected in the final monitoring report which the Commission will present in the spring of 2013, Fuele told the European Parliament's Foreign Affairs Committee after the Commission adopted a so-called enlargement package.

...

Those are: sign the privatisation contract for Brodosplit and take the necessary decisions to find a viable solution for the shipyards 3. Maj and Brodotrogir in order to complete the restructuring of the Croatian shipbuilding industry; implement short-term measures elaborated in September 2012 for increasing the efficiency of the judiciary and reducing the court backlog; adopt the new enforcement legislation in order to ensure the execution of court decisions and reduce the backlog of enforcement cases; establish the Conflict of Interest Commission so that it starts its regular working activities; adopt the new law on access to information in order to strengthen the legal and administrative framework in the area of access to information; complete the adoption of related by-laws to ensure the implementation of the police law; complete the construction of border crossing points at the Neum corridor; achieve the established recruitment target for border police for 2012; finalise and adopt the migration strategy clearly defining measures for the integration of the most vulnerable groups of migrants; and increase the capacity to translate and review the acquis such that this task can be completed in time for accession.



I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 09:51:37 AM EST
[ Parent ]
 ECONOMY & FINANCE 


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 03:08:31 PM EST
BBC News - Global economic recovery weakening, says IMF

The global economic recovery is weakening as government policies have failed to restore confidence, the International Monetary Fund has said.

It added that the risk of further deterioration in the economic outlook was "considerable" and had increased.

The IMF downgraded its estimate for global growth in 2013 to 3.6% from the 3.9% it forecast in July.

One of the biggest downgrades was to the UK economy, which the IMF expects to shrink by 0.4% this year.

This compares with its forecast of 0.2% growth in July. Next year, the UK economy should grow by 1.1%, the IMF said, down from its previous forecast of 1.4%.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:30:47 PM EST
[ Parent ]
BBC News - BAE and EADS merger hopes rest on government talks

The UK, French and German governments are holding talks that will decide whether the merger between defence companies BAE and EADS goes ahead.

France and Germany need to agree to conditions laid down by the UK and the two firms.

At the moment, a deal seems unlikely, according to the BBC's business editor Robert Peston.

The two companies must decide whether to ask for an extension to merger talks by 16.00 GMT on Wednesday.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:31:31 PM EST
[ Parent ]
BBC News - Russia to become Iraq's second-biggest arms supplier

Iraq has signed contracts to buy Russian arms worth $4.2bn (£2.6bn; 3.2bn euros) this year, Russian news agencies report.

Moscow, the main supplier of arms to Iraq under Saddam Hussein, thus becomes the country's second-biggest arms supplier after the US.

The new contracts were announced after talks between the two countries' prime ministers near Moscow on Tuesday.

Reports suggest attack helicopters and missiles are included in them.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:44:52 PM EST
[ Parent ]
Telegraph [UK]: MEP Sharon Bowles: I should be the first female Governor of the Bank of England (09 Oct 2012)
The MEP, one of Britain's most senior politicians in Brussels, said that if her application to be Governor were accepted, it would be a "strong signal of change" that the City needs.

...

She said that compared to the other applicants, that include Paul Tucker, deputy Governor of the Bank, Lord Turner, chairman of the FSA, and economist John Vickers, "just about everything about me is different. I'm an independent. I'm not from the Bank or the City of the Financial Services Authority.

...

Ms Bowles, who said she applied for the job the day before the deadline on October 7, added: "We need a strong signal of change - change that flows through the City. The new Governor has is to restore faith in the banking system. What bigger sign of change is there than choosing a woman and an outsider?"



I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Tue Oct 9th, 2012 at 05:59:48 PM EST
[ Parent ]
That's fair enough in principle - question is, is she a brainwashed neoliberal?
by Metatone (metatone [a|t] gmail (dot) com) on Wed Oct 10th, 2012 at 05:31:10 AM EST
[ Parent ]
She's pro-regulation and she doesn't seem to have the required background with the Treasury and/or Goldman Sachs, so she'll never get the job.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Oct 10th, 2012 at 06:44:13 AM EST
[ Parent ]
John Kay: How do skirts differ from computers? (FT.com, October 9, 2012)
If you are by now thoroughly confused, you are not alone. The average historic return on the volatile equity market is central to calculations of the cost of capital and provision for future pension liabilities. But the figure has been debated for decades. The dispute is less about the underlying data than about the way you make the calculation. The question is often framed as the choice between arithmetic and geometric means. But there is no right or wrong answer. In all problems of this kind, the relevant measure is specific to the particular purpose you have in mind.

...

If you can only sell an old computer at a discount to a new model, economists say the new computer is better - that is how statisticians measure the rising quality of computers. Yet it seems absurd to say that a black skirt is of better quality than a burgundy skirt, and to conclude that skirts are getting better every year because new skirts always sell at a premium to the old. But what is the difference between a skirt and a computer?

Only an economist, or a statistician, could ask that question. And yet these arcane details of index number construction make a substantial difference to our estimates of inflation and market returns. Adjustments to pensions and tax allowances and repayment of index-linked debt - issues involving billions of pounds - are affected by their resolution. Who would have thought the difference between arithmetic and geometric means could matter so much?



I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 08:40:09 AM EST
[ Parent ]
Who would have thought the difference between arithmetic and geometric means could matter so much?

Anyone who has an understanding of the epistemology of mathematics?

Anyone who knows the way a question is poised constrains the way(s) the question can be answered and, thus, predetermines the answer?

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

by ATinNM on Wed Oct 10th, 2012 at 11:23:14 AM EST
[ Parent ]
Anyone who has no clue what arithmetic and geometric means mean?

Though I think I will use that article for my students come January...

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS

by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 11:30:37 AM EST
[ Parent ]
Migeru - Corrupting young minds since 2009.

:-)

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

by ATinNM on Wed Oct 10th, 2012 at 11:41:09 AM EST
[ Parent ]
I mean Anyone who has a clue what arithmetic and geometric means mean?

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 11:53:08 AM EST
[ Parent ]
"Some things you have to be a professional not to understand."
by Number 6 on Wed Oct 10th, 2012 at 11:27:33 AM EST
[ Parent ]
John Kay's article is a perfect example of what Sraffa meant by "someone completely debauched by economics".

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 11:32:55 AM EST
[ Parent ]
Link to John Kay's blog, outside the FT's paywall.

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 11:36:47 AM EST
[ Parent ]
What if you bought and sold at random? In that case, four options are equally likely: buy and sell at 50, buy and sell at 100, buy at 50 and sell at 100, buy at 100 and sell at 50. The overall annual expected gain is 12.5 per cent.

AAAAAAAAAAAAARRRRRRRRRRRRRGGGGGGGGGGGGGGGGHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!

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

by ATinNM on Wed Oct 10th, 2012 at 11:45:44 AM EST
[ Parent ]
ROFL.

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 11:48:07 AM EST
[ Parent ]
Thanks.

Of all the publications in all the worlds, I'd never thought FT would be the one I'd consider subscribing to.

(Always imagined "the New Yorker with more nudity" would be closer to what I'd want.)

by Number 6 on Wed Oct 10th, 2012 at 12:03:18 PM EST
[ Parent ]
Wonders the financial crisis has wrought.

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 12:06:19 PM EST
[ Parent ]
Martin Wolf: Lessons from history on public debt (FT.com, 9 October, 2012)
What happens if a large, high-income economy, burdened with high levels of debt and an overvalued, fixed exchange rate, attempts to lower the debt and regain competitiveness? This question is of current relevance, since this is the challenge confronting Italy and Spain. Yet, as a chapter in the International Monetary Fund's latest World Economic Outlook demonstrates, a relevant historical experience exists: that of the UK between the two world wars. This proves that the interaction between attempts at "internal devaluations" and the dynamics of debt are potentially lethal. Moreover, the plight of Italy and Spain is, in many ways, worse than the UK's was. The latter, after all, could go off the gold standard; exit from the eurozone is far harder. Again, the UK had a central bank able and willing to reduce interest rates. The European Central Bank may not be able and willing to do the same for Italy and Spain.

...

So how did this commitment to fiscal famine and monetary necrophilia work? Badly. In 1938, real output was hardly above the level of 1918, with growth averaging 0.5 per cent a year. This was not just because of the Depression. Real output in 1928 was also lower than in 1918. Exports were persistently weak and unemployment persistently elevated. High unemployment was the mechanism for driving nominal and real wages down. But wages are never just another price. The aim was to break organised labour. These policies resulted in the general strike of 1926. They spread a bitterness that lasted decades after the second world war.

...

Nevertheless, this is an extremely useful study, not least for bringing out the lessons of the UK's interwar experience for the eurozone today. There is a high risk that the combination of tight fiscal policies with stringent monetary conditions will push Italy and Spain into debt traps via the interaction of high interest rates with low growth. At least the UK retained control over monetary conditions: in the end, it went off gold and lowered interest rates. Members of the eurozone do not have those painless options. But fiscal austerity and efforts to lower wages in countries suffering from monetary strangulation could break societies, governments and even states. Without greater solidarity, the story is unlikely to end well.



I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 08:48:24 AM EST
[ Parent ]
Greek Men On 'Lagarde List' Found Dead - Business Insider

The so-called "Lagarde List" -  the name given by the Greek press to a list containing 1,991 names of wealthy, Swiss-bank-account-possessing Greeks who are being investigated for corruption and tax evasion - is causing a major stir in Greece right now.

Since Friday, two men suspected to be on the list have turned up dead in apparent suicides.

The "Lagarde List" has not been made public, so there is no way to say for sure at present whether Tzanis, Sbokos, or Kambouroglou's names actually appear on the list. However, the timeline of events is striking, and all are tied to past deals between the defense industry and the Greek government.

Meanwhile, the "Lagarde List" doesn't just contain names of Greek tax evaders. It's a list of closer to 22,000 names of wealthy people from various EU member states with Swiss bank accounts. The implication is that wealthy elites from other countries could be revealed in a corruption probe as well.

This is all starting to blow up during a crucial moment for Greece as it tries to come to an agreement with the troika over additional spending cuts and German chancellor Angela Merkel visits Samaras tomorrow in Athens.

by sgr2 on Wed Oct 10th, 2012 at 11:29:43 AM EST
[ Parent ]
 WORLD 


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 03:08:57 PM EST
NATO chief calls for much stronger pressure on Syria - Xinhua | English.news.cn

NATO Secretary General Anders Fogh Rasmussen on Tuesday urged the international community, especially the United Nations Security Council, to put "much stronger" pressure on the Syrian government to bring about a political solution.

"It is for the United Nations Security Council to send a very strong, united message to the Syrian leadership: stop violence, engage in political process," Rasmussen said following a meeting of NATO defense ministers.

The NATO chief said he deeply regretted that the Security Council failed to reach "a legally-binding resolution that could send such a strong message."



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:33:32 PM EST
[ Parent ]
Iran vows not to back down on "peaceful" nuclear program - Xinhua | English.news.cn

Iranian Foreign Ministry Spokesman Ramin Mehmanparast said that the Islamic republic will not back down on its "peaceful" nuclear program, Press TV reported Tuesday.

Mehmanparast emphasized that the Iranian nation will not back away from its "inalienable right to a peaceful nuclear energy program under the nuclear Non-Proliferation Treaty (NPT)," according to the report.

He also criticized the British Defense Secretary Philip Hammond for his recent comments on the Iranian nuclear program, said the report.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:38:13 PM EST
[ Parent ]
BBC News - Hugo Chavez celebrates re-election in Venezuela

Venezuelan President Hugo Chavez has hailed a "perfect victory", after defeating Henrique Capriles to secure a fourth term in office.

Mr Chavez won 54% of the vote, the electoral council announced, with turnout at about 81%.

Brandishing a replica of the sword of independence hero Simon Bolivar, he pledged Venezuela would continue its "march towards democratic socialism".

But he also vowed to engage opponents and to be a "better president".



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:46:41 PM EST
[ Parent ]
Turkey sends fighter jets to Syrian border - Middle East - Al Jazeera English

Turkey has confirmed it is deploying more fighter jets to an airbase close to the border with Syria, amid artillery exchanges along its tense southeastern border with Syria.

The announcement came amid reports of fierce fighting in the northern Idlib province on Tuesday where Syrian rebels are trying to take control of a strategic town.

"Assad ... is only able to stand up with crutches," Recep Tayyip Erdogan, the Turkish prime minister, who was once a close ally of Syrian President Bashar al-Assad, told a meeting of his ruling AK Party.

"He will be finished when the crutches fall away."



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:48:07 PM EST
[ Parent ]
Israeli PM Netanyahu calls early election - Middle East - Al Jazeera English

Binyamin Netanyahu, Israeli prime minister, has called an early general election, saying it should be held "as fast as possible".

The polls had been due to take place in October 2013 and Israeli press reports suggested the vote would be held in late January or mid February.

"My duty as prime minister is to put the national interest before everything, and so I've decided that for the good of Israel we must go to an election now as fast as possible," Netanyahu said on Tuesday, without giving a date for what will be a vote for Israel's 19th parliament, or Knesset.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:48:26 PM EST
[ Parent ]
Mexico says Zetas cartel boss killed - Americas - Al Jazeera English

Heriberto Lazcano, the leader of the Zetas drug cartel, appears to have been been killed in a firefight with soldiers in the northern border state of Coahuila.

The Mexican navy says fingerprints taken from the body of one of two men killed in the shootout have matched the records of Lazcano, known as El Lazca, confirming his death.

State authorities said that they managed to establish Lazcano's identity before the body was snatched, according to prosecutors, from a funeral home by armed men.

Al Jazeera's Adam Raney, reporting from Mexico City, said that it appears the government may have been "embarrassed" by the loss of Lazcano's body.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:48:52 PM EST
[ Parent ]
 LIVING OFF THE PLANET 
 Environment, Energy, Agriculture, Food 


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 03:09:19 PM EST
New Zealand, Chinese scientists look to improve grain yields with seed development - Xinhua | English.news.cn

New Zealand and Chinese scientists have begun a joint study into how to improve seeds so that farmers can produce more and bigger grains to help feed the world's growing population.

University of Canterbury Professor Paula Jameson and senior research fellow Dr. Jiancheng Song, of Yantai University, in east China's Shandong Province, had published a paper finding the wheat genes that could be prime targets for increasing grain size and grain number, said a statement from the University of Canterbury on Tuesday.

"The beauty of wheat is that there are so many different varieties in the world. Now we have worked out what genes are important for changing hormone levels to increase grain size and number, we can use traditional breeding techniques to find the varieties of wheat that already have this feature," Jameson said in the statement.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:38:57 PM EST
[ Parent ]
Canada's ozone science group falls victim to government cuts | Environment | guardian.co.uk

Thousands of people have avoided getting skin cancer thanks to Canadian scientists who invented the UV index and the gold-standard tool for measuring the thickness of the Earth's ozone layer. But now Canada's ozone science group no longer exists, victim of government budget cuts.

"Everyone who was still left in the ozone group has been re-assigned," said Prof Thomas Duck of the department of Physics and Atmospheric Science at Canada's Dalhousie University.

In 2011 Canada unexpectedly experienced its first ever ozone hole over the Arctic. "The ozone problem is not solved," Duck told the Guardian.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:50:47 PM EST
[ Parent ]
Owen Paterson calls Labour 'cowardly' over badger cull | Damian Carrington | Environment | guardian.co.uk

"Some people want to tell you the Conservatives have abandoned their green pledges, but nothing could be further from the truth," the climate minister, Greg Barker, told his party conference in Birmingham on Tuesday. He repeated the denial several times, protesting a little too much. The only spontaneous applause from the sparse audience during the energy and environment session on the main stage was in favour of killing badgers.

Owen Paterson, the new environment secretary, has been uncompromising on the imminent badger cull, aimed at curbing TB in cattle. He even laid claim to the policy as his own: "I started this policy in opposition." The person who introduced him went even further, giving his work on fisheries credit as the "intellectual underpinning" for Hugh Fearnley Whittingstall's Fish Fight, though I'm not sure anyone has told Hugh.

Paterson exudes confidence and felt sufficiently at home at the NFU's reception on Monday night to deride opposition to the badger cull as "sad sentimentality." Moments before, a woman from Blue Badger - Conservatives against the cull - had been forcibly told by a farmer that she needed re-education.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:51:41 PM EST
[ Parent ]
Iraq could become world's second biggest oil exporter | Business | The Guardian

Iraq could become the world's second-largest oil exporter within two decades and double its output by 2020, a major study has found.

The International Energy Agency said Iraq can overtake Russia for exports and be responsible for nearly half of all anticipated growth in global output.

But the country's government must overcome internal disputes over oil rights with the autonomous Kurdish region in the north and increase current investment from $9bn (£5.6bn) in 2011 to $25bn a year on average for the rest of the decade, the authors warned.

The IEA's chief economist, Fatih Birol, explained: "Developments in Iraq's energy sector are critical for the country's prospects and also for the health of the global economy.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:52:09 PM EST
[ Parent ]
Yeah, tell us about it...that's why Americans+ coalition of the w(B)illing occupied Iraq.

Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Tue Oct 9th, 2012 at 11:34:17 PM EST
[ Parent ]
GMO Toxins Are in Nearly All Pregnant Women & Fetuses

The GMO mass experiment on the public is producing results--terrifying ones. GM toxic elements can be found in nearly all pregnant women and children. (Update of the article featured in Genetic Roulette movie.)

The toxins designed into genetically modified crops are finding their way into the bloodstreams of all pregnant women and their fetuses. This shocking result belies the genetic modification industry's claims that such toxins are destroyed by the digestive tracts of people who eat the animals fed these GMO crops. Obviously, that claim was based on nothing.

(If you've seen reports claiming less than 100% are affected, it's because they picked up the wrong figures from the study, as shown below.)

by Fran on Wed Oct 10th, 2012 at 05:54:14 AM EST
[ Parent ]
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Oct 10th, 2012 at 07:55:55 AM EST
[ Parent ]
Monsanto response aka damage limitation.
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Oct 10th, 2012 at 07:57:39 AM EST
[ Parent ]
Only to be expected.  

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Wed Oct 10th, 2012 at 11:35:27 AM EST
[ Parent ]
NECSI: Food for fuel: The price of ethanol

Abstract

Conversion of food to ethanol in the US since 2005 is a major cause of global food price increases during that time and has been shown to be ineffective in achieving US energy independence and reducing environmental impact. We make three key statements to enhance understanding and communication about ethanol production's impact on the food and fuel markets: (1) The amount of corn used to produce the ethanol in a gallon of regular gas would feed a person for a day, (2) The production of ethanol requires so much fossil fuel energy that its energy benefit is only about 20%, and (3) The cost of gas made with ethanol is actually higher per mile because ethanol reduces gasoline's energy per gallon.



You can't be me, I'm taken
by Sven Triloqvist on Wed Oct 10th, 2012 at 12:16:25 PM EST
[ Parent ]
 LIVING ON THE PLANET 
 Society, Culture, History, Information 


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 03:09:48 PM EST
BBC News - Mark Rothko painting defacement: Man charged

A man has been charged with defacing a Mark Rothko painting at London's Tate Modern gallery on Sunday, Scotland Yard has said.

Wlodzimierz Umaniec, 26, a Polish national of no fixed abode, will appear at Camberwell Green Magistrates' Court on Wednesday.

Mr Umaniec, also known as Vladimir Umanets, is charged with one count of causing criminal damage in excess of £5,000.

The artwork is a 1958 Seagram mural.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 03:11:19 PM EST
[ Parent ]
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Oct 10th, 2012 at 02:00:31 AM EST
[ Parent ]
Good.
(I find it hilarious how the Scotland Yard gets involved. Those sneaky Poles ...)
by Number 6 on Wed Oct 10th, 2012 at 05:35:28 AM EST
[ Parent ]
Exploring the XDF--The Hubble eXtreme Deep Field | The Planetary Society

Don't get me wrong.  No one loves radio (and podcasting) more than me.  But sometimes you have to see a picture to believe it.  That's the case with the XDF, a mind-bending and spectacular image released on September 25 by the Space Telescope Science Institute.

You've probably seen the UDF or Ultra Deep Field.  It has become one of the most popular astronomical images of all time.  I have it hanging behind my desk.  I know a member of the US House of Representatives who has it mounted on the wall of his office.  Basically, astronomers pointed the Hubble Space Telescope (HST) at one tiny patch of sky for a long time, revealing thousands of galaxies that stretch back through most of the history of our universe.

But the data for the UDF was gathered in 2003 and 2004.  The Hubble has been upgraded since then, primarily with the addition of the Wide Field Camera 3 during the 2009 servicing mission.  This gave the HST unprecedented infrared observing power.  That's particularly useful when you want to look into the distant past, as the inevitable "red shift" of light from early galaxies moves them out of the visible light range.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 03:59:31 PM EST
[ Parent ]
Revealed: Early Bronze Age carvings suggest Stonehenge was a huge prehistoric art gallery - Archaeology - Science - The Independent

For part of its existence as an ancient temple, Stonehenge doubled as a substantial prehistoric art gallery, according to new evidence revealed yesterday.

A detailed laser-scan survey of the entire monument has discovered 72 previously unknown Early Bronze Age carvings chipped into five of the giant stones.

All of the newly discovered prehistoric art works are invisible to the naked eye - and have only come to light following a laser-scan survey which recorded literally billions of points micro-topographically on the surfaces of the monument's 83 surviving stones. In total, some 850 gigabytes of information was collected.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:26:51 PM EST
[ Parent ]
Nah - this.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Oct 10th, 2012 at 06:47:29 AM EST
[ Parent ]
French, U.S. scientists share 2012 Nobel Physics Prize - Xinhua | English.news.cn

France's Serge Haroche and David J. Wineland from the United States on Tuesday won the 2012 Nobel Prize in Physics for their work on interaction between light and matter.

They were rewarded for "ground-breaking experimental methods that enable measuring and manipulation of individual quantum systems, "announced Staffan Normark, Permanent Secretary of the Royal Swedish Academy of Sciences in Stockholm.

"The Nobel Laureates have opened the door to a new era of experimentation with quantum physics by demonstrating the direct observation of individual quantum particles without destroying them," commented the academy in a statement.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:39:51 PM EST
[ Parent ]
This astounding speech by Australian PM Julia Gillard is trending on twitter...

Transcript by the Brisbane Times.

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS

by Migeru (migeru at eurotrib dot com) on Tue Oct 9th, 2012 at 06:22:27 PM EST
[ Parent ]
She is always good speaking...not that I admire her as a person that much after she stubbed Kevin Rudd at the back but she and Labour are definitely much less evil then Abbot and his Coalition. Trouble is she had to put "Mr Slipper"( who is without doubt one sleazy low life) as Speaker in Parliament making deal with him because otherwise she wouldn't have numbers to do anything. It's politic and it's understandable but not moral (there is not many things moral when it comes to the politic). Now Mr Slipper has resigned yesterday and Gillard is in trouble. She will probably be forced to call for early election (we should have one about this time next year).I am shit scared that Australians are not getting it what's happening on states level with Coalition in power practically in every state and that they will vote Abbot and Coalition. God help us then. It would be like if Americans vote Romney just less dangerous in a sense of wars ( he will not start any but will just follow USA arrangements, but then again every Australian government does this).  

Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Wed Oct 10th, 2012 at 12:06:54 AM EST
[ Parent ]
And yeah it is incredible where political discourse has gone nowadays.

Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Wed Oct 10th, 2012 at 01:25:03 AM EST
[ Parent ]
Back to Full Employment: The Blog
Yes, another blog is now being launched into the world as I type these words.  Does the world really need yet another blog?  Obviously, there are lots and lots of them already out there--many, many bad ones, but some good ones as well.   There are even lots of good ones out there already dealing with economics and economic policy, which is the focus on this blog as well.  So why take up more cyperspace with this blog, on top of all the other ones already going strong?

The aim of this blog will be to develop, extend, and debate the themes that I present in my new little book, Back to Full Employment.  In my view, creating a full employment economy is absolutely crucial to creating a decent society--that is, a society in which everyone has the right to earn a reasonable living through their own efforts or the efforts of family members and friends.   It's that simple a point. But at the same time, it turns out to be not so simple.  There are large numbers of controversial economic issues around 1) how to get to full employment; 2) how to stay there, once there; and 3) whether full employment should be a basic goal of economic policy to begin with.

I tried to cover lots of territory around these questions in my book.  At the same time, I also tried to keep the book accessible to people who didn't necessarily have heavy technical backgrounds in economics and economic policy, and equally, to people who have lots of other things to think about and do in their lives.  As such, the book is quite short.  It comes in at less than 200 pages total.  But even that pretty low page count is misleading.  That is because my publisher, MIT Press and the Boston Review, decided to make the pages very small, and the book quite compact.  I happen to like the design a lot.  To me, it has the look and feel of something like the classics by Beatrix Potter, such as The Tales of Peter Rabbit, Mrs. Tiggle-Wiggle, Benjamin Bunny, Squirrel Nutkin, and on.  There are some figures in my book, though, unfortunately,  nothing that can compare with the Potter's brilliant illustrations in these books.



I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 11:40:41 AM EST
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 PEOPLE AND KLATSCH 


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 03:10:17 PM EST
BBC News - Baumgartner skydive bid aborted due to gusty winds

Austrian adventurer Felix Baumgartner has been frustrated in his attempt to make the highest ever skydive.

Unfavourable winds at Roswell, New Mexico, have prevented the launch of the helium balloon that was to take him to more than 120,000ft (36.5km).

Meteorologists say Thursday now looks to be next best day for a record bid.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 03:14:24 PM EST
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So should I be drinking that stuff or not now? I'm confused.
by Number 6 on Wed Oct 10th, 2012 at 05:37:52 AM EST
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Constance Briscoe, one of Britain's few black female judges, arrested and questioned by police - Crime - UK - The Independent

One of Britain's few black women judges, who shot to prominence six years ago with a "misery memoir" about her tough early life, has been arrested and questioned by police.

Constance Briscoe, 55, was arrested in Clapham, south-west London, at the weekend by officers from Kent and taken to a police station for interview. She was later released on bail pending further inquiries.

Kent police declined to name the arrested woman or say why she had been arrested. "A 55-year-old woman was arrested on Saturday in Clapham, south London, interviewed by officers and bailed pending further inquiries," a spokeswoman said.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:25:23 PM EST
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Blackadder in Bethlehem: `Lost' Christmas special from 1988 revealed - News - Books - The Independent

We've seen Rowan Atkinson as Blackadder going forth in the First World War, ruffed-up and ruffled as a courtier to Elizabeth I and trussed up in a wig as a stroppy Prince Edmund in the middle ages. But a `lost' episode due to be revealed this week presents the character as we've never seen him before: Edmund Blackadder the Bethlehem innkeeper.

The unfinished script was written as a Christmas special in 1988 by Richard Curtis and Ben Elton but was never filmed. The story featured Blackadder's haphazard servant Baldrick (played in the long-running series by Tony Robinson), some of the more comical moments in the nativity story, the Three Kings, and a talking turkey.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:28:34 PM EST
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I had heard rumours about a script with a 13th disciple. Probably this one.
by Number 6 on Wed Oct 10th, 2012 at 05:40:24 AM EST
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Judge wonders what to do with the drunken sailor | UK news | guardian.co.uk

A judge in Hull has settled down with his law books to try to find the answer to the famous old question in the sea shanty: what shall we do with the drunken sailor?

Hull Crown court heard that the fate of Viatcheslav Poleshchuk, who crashed twice into Goole lock gates on the Humber and then asked police in a vodka-slurred voice "Can I have another go?", posed a legal brainteaser.

The estuary's combined ports are the busiest in the country, and a skipper with a bottle of vodka freshly inside him, as Poleshchuk admitted he had, is no laughing matter in charge of a 30,000 tonne scrap metal carrier in such waters. The 44-year-old captain was more than four times over the drink-drive limit with 157 milligrams of alcohol in his blood compared to the legal maximum of 35 when he was arrested last month.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 9th, 2012 at 04:43:05 PM EST
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#FFS

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS

by Migeru (migeru at eurotrib dot com) on Tue Oct 9th, 2012 at 06:36:47 PM EST
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"It does talk!"
by Number 6 on Wed Oct 10th, 2012 at 05:41:38 AM EST
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"So that's what a brainfart looks like!"

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 06:05:35 AM EST
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EurActiv: Pussy Riot shortlisted for Sakharov Prize
The other finalists named yesterday (9 October) for the European Parliament prize are Ales Bialiatski, an imprisoned Belarussian opposition figure; and Iranians Nasrin Sotoudeh, an imprisoned lawyer and human rights advocate, and Jafar Panahi, a film director.

The laureate will be announced on 26 October following a decision of the Conference of Presidents. The winner will receive €50,000 and be invited to attend the award ceremony on 12 December in Strasbourg.

The Sakharov Prize, named after Soviet scientist and dissident Andrei Sakharov, was established in 1988 by the European Parliament (see background). Recent recipients were the Russian civil rights society Memorial in 2009, the Cuban dissident Guillermo Fariñas in 2010, and in 2011, representatives of the Arab people in recognition of their role in the Arab Spring.



I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2012 at 07:04:28 AM EST
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Substance v Noise. Tricky.

Still, couldn't get any more stupid that the Nobel Peace Price, and people apparently respect that.

by Number 6 on Wed Oct 10th, 2012 at 07:24:37 AM EST
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