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Showing posts from December 12, 2011

Overview What Do I Know

A nomad of the universe knows littleAnd that every day is new and therefore knowledge grows and changes I know that the economy's illness extends to even the way it does mathHence Occupy is more accurate than whether the GDP is up or downAnd someone who trades and produces nothing is very differentFrom anyone who actually does something of value to someone elseLike a worker or a teacher or a cop or You know what I mean I know we need to choose between alternatives thatAre not easyI know I need to get my environment drill downAnd articulate it better than hithertoI know that Abba lives and moves each dayIn dialogue with all who commune with himAnd I know that words retain the selfsame power They always haveMy most important words areOn every page of this blogAt the bottom 
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Indefinite Detention - Congress is After Us

Behind Closed Doors: Congress Trying to Force Indefinite Detention Bill on Americans » Blog of Rights: Official Blog of the American Civil Liberties Union: "Now, the two bills are in conference committee. The chairmen and ranking members of the Armed Services Committee — known as "the Big Four" — have been having one secret meeting after another over the past few days to quickly write a final bill. Who are the Big Four? From the Senate, it is Sens. Carl Levin (D-Mich.) and John McCain (R-Ariz.) who were the very two who had secretly written the Senate indefinite detention provisions. The third member is the House Armed Services Committee Chairman Buck McKeon (R-Calif.), who is the person who wrote the House indefinite detention provisions without so much as a hearing. And the fourth member is the House Armed Services Committee Ranking Member Adam Smith (D-Wash.), who courageously fought the indefinite detention provisions on the House floor."

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Gingrich’s EMP Threat Remote

Gingrich’s Electromagnetic Pulse Warning Has Skeptics - "But it is to the risk of an EMP attack that Mr. Gingrich has repeatedly returned. And while the message may play well to hawkish audiences, who might warm to the candidate’s suggestion that the United States engage in pre-emptive military strikes against Iran and North Korea, many nuclear experts dismiss the threat. America’s current missile defense system would thwart such an attack, these experts say, and the nations in question are at the kindergarten stage of developing nuclear arms."

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Extractionism is a term Krugman Should Learn

Yves Smith on How Banks Extract from the Economy | Dylan Ratigan: "Yves Smith on How Banks Extract from the Economy"

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Once you understand that GDP is the sum of income and indebtedness your eyes open and you understand that the problem is money in politics which enables not capitalism but extractionism - ripping everyone off with ways of earning that offer no product whatsoever save the wealth of the upper percentile.

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From such causes war develops

McCain-like blustering
Faulty intelligence
A predisposition for massive retaliation instead of an eye for an eye
A predisposition for preventive action when there is no actual hostility evident
A belief that there are only two sides when there are always three
An unwillingness to see nonviolence as a political strategy

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Occupy movement is getting serious about hitting the 1 percent

Occupy movement targets West Coast ports today - San Jose Mercury News: ""Everyone from rank-and-file longshoremen to the port truckers realize we all have to make a sacrifice," she said. "When we withdraw our labor, we make a (dent) in the 1 percent. Economic boycotts are very effective. The occupation movement is moving into a larger and more coherent strategy of how to disrupt the profits of the 1 percent.""

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Volatile Market What To Do?

Wall St slides on doubts over euro zone deal, Intel | Reuters:

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My advice. Keep half of whatever you have liquid.

There are big pluses in the offing as US tilts toward environmental and energy solutions and Obama tax proposal has prospects of boosting things.

But the euro-global volatility combined with uncertain regulation of venal gamblers should keep jitters in substantial supply.

I say half and half and a level head until a better resolution of things develops.

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Tainted chicken breasts endanger South East

North Carolina poultry company recalls cooked chicken - "(CNN) -- A North Carolina poultry company is recalling approximately 4,000 pounds of cooked chicken breasts that may be contaminated with Listeria monocytogenes.
The U.S. Department of Agriculture announced Friday that the House of Raeford Farms, based in Rose Hill, North Carolina, recalled 18- to 22-pound boxes containing two 9- to 11-pound "boneless oven roasted chicken breasts" per box.
Consumers should look for serial number "P-239A" inside the USDA mark of inspection, along with a product code of "94268" and a package date of "1270" (September 27, 2011). The products were shipped to delicatessens and food service institutions for further processing in Florida, Georgia, North Carolina and South Carolina, according to a USDA press release."

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Higgs boson podcast

Science Weekly podcast: An accelerated guide to the Higgs boson | Science | "This week may mark the beginning of a huge leap forward in our understanding of the physical world. On Tuesday, the European particle physics laboratory Cern, near Geneva, holds a special seminar to discuss the latest results from its proton-smashing experiments in the Large Hadron Collider (LHC) – which will then be announced to the world."

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The Problem with Krugman

Depression and Democracy - "It’s time to start calling the current situation what it is: a depression. True, it’s not a full replay of the Great Depression, but that’s cold comfort."

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He repeats himself.

He rarely offers any positive proposals involving new ideas.

He lacks a radical environmental awareness.

And on this one, the only key to progress is a radical environmental consciousness combined with a capacity to compromise. We are about to get a huge compromise which will serve us well. I am eating some crow as I write. But I have concluded that despite the antics of proponents, we will indeed have the shale pipeline and it will trade for the tax cut extension. Hell of a way to govern but that's life. Meanwhile Krugman needs a wake up of some sort. Or maybe not. He has job security after all.

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Zogby Shows A Near Dead Heat Gingrich Vs. Obama

Mildred Purse Commends Sarah Palin for Her Penitence

ShortFormContent at Blogger: Sarah Palin Wakes to The Truth.

Now Sarah is a good girl. She is quick enough to understand that whatever she may say the truth is elusive and therefore half the people will not understand anyway. Even I was impressed by the simplicity of the observation that it is customers who account for an economic recovery. You would think I would know that.  

Sarah Palin Wakes to The Truth

Finally, A Rich American Destroys The Fiction That Rich People Create Jobs | LinkedIn.

"But, ultimately, whether a new company continues growing and creates permanent jobs is a function of the demand for the company's products, not the entrepreneur or the investor capital. Suggesting that "rich entrepreneurs and investors" create the jobs, therefore, Hanauer observes, is like suggesting that squirrels create evolution.
"So, then, if what creates the jobs in our economy is "customers," who are these customers? And what can government policy do to make sure these customers have more money to spend to create demand and, thus, jobs?"

Mildred Purse Commends Sarah Palin for Her Penitence
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