Author: Brian

What’s new? All locations are economies. Lower the barriers to entry and the crowd pours in. Many designs in the pipeline. Sketch to market in 18 months. Any design you can imagine. Global supply chains serve the small as well as the large. Woot.

So if I’ve got this straight, Americans don’t want to hear unpleasant truths, let alone believe them, let alone act on them. And Republicans tirelessly obstruct any honest attempt to define our problems, let alone solve them. And Democrats are weak or traitorous or both.

The president should take his own advice and be honest with the American people about the challenges the country is facing.

Sure. And while he’s at it, he should telekinetically levitate the Washington Monument, and hang it like the sword of Damocles over the Competitive Enterprise Institute.

Tom Friedman:

Leaders, companies or individuals guided by situational values do whatever the situation will allow, no matter the wider interests of their communities.

“I’ll be gone when the bill comes due.”

People inspired by sustainable values act just the opposite, saying: “I will never be gone. I will always be here. Therefore, I must behave in ways that sustain — my employees, my customers, my suppliers, my environment, my country and my future generations.”

Spending more than double any other lobby, the U.S. Chamber of Commerce is embroiled in the most expensive lobbying efforts in the organization’s 98-year history.

The Chamber’s strong opposition to climate policy–and their strategy of challenging the science behind it–moved several large companies including Apple and several major energy utilities to leave the group in protest.

Luddites on the loose with checkbooks.

Anja Atkinson:

We may not directly be aware of the suffering caused others in pursuit of boundless material wealth, power and crushing corporate domination of the world’s markets and natural eco-systems. A pursuit that has been a ruthless hunt within the context that only the fit survive. A false pretense that supports a false truth revealing only an ignorance of our place in life – which is to live in harmony with nature, the complete life sustaining system of the planet.

About $1.25 each from everyone in the United States.

Each American dollar roughly breaks down like this: 42 cents for disaster assistance, 33 cents for U.S. military aid, nine cents for food, nine cents to transport the food, five cents for paying Haitian survivors for recovery efforts, just under one cent to the Haitian government, and about half a cent to the Dominican Republic.

Martha Mendoza, AP review of U.S. earthquake relief. Cash is withdrawn from $2.6 billion already appropriated in the 2010 budget for foreign disaster relief. There are no plans to ask Congress for more money.

1. The U.S. rarely gives large amounts of money directly to governments. Under one penny of each dollar is going straight to the shattered Haitian government, whose president is sleeping in a tent.
2. Just under a dime has already been spent on food: 122 million pounds of pinto beans, black beans, rice, corn soy blend and vegetable oil. When purchased in bulk, the actual food prices are relatively low. Pinto beans, for example, cost the U.S. government 40 cents a pound when purchased in 5 million-pound batches last week.
3. 33 cents is going to the U.S. military, paying for security, search and rescue teams, and the Navy’s hospital ship USNS Comfort.
4. 42 cents funds US AID’s disaster assistance – everything from $5,000 generators to $35 hygiene kits with soap, toothbrushes and toothpaste for a family of five.

“I really believe Americans are the most generous people who ever lived, but they want accountability,” said Timothy R. Knight, a former US AID assistant director who spent 25 years distributing disaster aid.

By the end of the G. W. Bush years, suburbs were home to 1.5 million more poor than their adjacent cities and housed almost one-third of the nation’s poor overall.

Jared Bernstein at WhiteHouse.Gov:

During the campaign, you may recall that John McCain touted option 1 – the hatchet approach of an across-the-board freeze.

The President was critical of that approach then, and we would be critical of it now. It’s not what we’re proposing.

To the contrary, the entire theory of the President’s proposed freeze is to dial up the stuff that will support job growth and innovation while dialing down the stuff that doesn’t.

Under our plan, some discretionary spending will go up; some will go down. That’s a big difference from a hatchet.

– it ain’t the quake

Mason White at Wired’s Haiti initiative notices Lebbeus Woods, an experimental architect based in New York, revealing that earthquakes are not at fault in the destruction of settlements:

“This destruction is not the ‘fault’ of earthquakes, but rather of the buildings, which, even in regions regularly visited by earthquakes, are not designed to work with the violent forces released. Buildings collapse, usually with loss of life and injuries. The earthquakes are blamed, as though the purpose of these sublimely unself-conscious phenomena was to damage and destroy the human.”

What are the individual encounters that have stuck with you the most?

For me it was meeting the people there. People in the media were saying there are riots there and people are angry. We met the complete opposite–people who were very thankful that we came there to try to help search for loved ones.

Yes, we did see riots or people trying to get things out of stores, looting. You take something that you can trade for food. Even when we saw those kind of things, they would stop, allow us to go through and then continue to do what they were doing.

From a short interview at CNET .

Grief, like fear, is a stress reaction, attended by deep physiological changes. Levels of stress hormones like cortisol increase. Sleep patterns are disrupted. Loss of appetite. The immune system is weakened. Grief is more complex than mere despondency.

Additional studies suggest that grief comes in waves, welling up and dominating your emotional life, then subsiding, only to recur.

“When we look more closely at the emotional experiences of bereaved people over time, the level of fluctuation is nothing short of spectacular.”

The heightened physical arousal, anger, and sadness of grief resemble the anxiety that children suffer when they’re separated from their mothers. Searching, or yearning, crops up in nearly all the contemporary investigations of grief.

“Good Grief? Is there a better way to be bereaved”, asks Meghan O’Rourke.

G. W. Bush jobs destruction, dismantled oversight, slashed corporate taxes and mushrooming debt.

The Plunder, Pillage and Destruction of the American Tax Base by James Woolley.

For example, offshore-registered hedge funds are tax-exempt and so too are earnings of those fund managers. Yet, they live and work in America. They utilize the same streets, highways, playgrounds and facilities as the rest of us, and they escape all financial responsibilities.

But what about a small company where the employees routinely ate lunch at a nearby sandwich shop? Once everyone has been laid off, the business for that sandwich shop suddenly takes an enormous downturn.

tremblement de terre!

ShelterBox is a tough, green plastic box containing a durable tent and ancillary equipment designed to enable a family of up to 10 people survive for at least six months.

Other items may include insulated groundsheets, thermal blankets, a multi-fuel stove, cooking equipment, tools, mosquito nets, water containers etc.

Emergency shelter for more than 20,000 people is now in Port au Prince and surrounding areas with small camps already set up in Delmas, Petion-Ville, Carrefour and Leogane.

Hundreds more ShelterBoxes containing disaster relief tents and other life-saving supplies are being sent to the city in the next few days from Miami, Curucao and France, meaning another 11,000 people will be given emergency shelter.

The Folly of Grain to Cars.

George W. Bush diverted more than a quarter of the total U.S. grain crop into ethanol, enough to feed 330 million people for one year and raising food prices worldwide.

If the entire U.S. grain crop were converted to ethanol (leaving no domestic crop to make bread, rice, pasta, or animal feed for meat, milk, and eggs), it would satisfy at most 18 percent of automotive needs.

Arthur Cutten:

Starting with the Reagan privatization revolution, the finance sector began to grow in importance, moving from a utility serving the capital distribution and storage needs of the real economy taking a relatively small percentage of real output to a dominant force in the national decision making process, controlling the allocation of capital through its powerful influence and lobbying in Washington, placement of its supporters in political positions of power, and the consolidation of the mainstream media into an oligopoly of four or five major corporations.

And if we do not give the banks their demands, if we do not maintain the status quo, then they threaten that they cannot protect the world from financial ruin and a collapse of the money system, which they themselves control.

And this is no mere extortion, no corruption of a single party or person, but the foundation of an enduring modern tyranny.

Since Reagan, banks extract from the U.S. economy:

“Single acts of tyranny may be ascribed to the accidental opinion of a day; but a series of oppressions, begun at a distinguished period and pursued unalterably through every change of ministers, too plainly prove a deliberate, systematic plan of reducing a people to slavery.” Thomas Jefferson

The conservative Supreme Court cherry-picked precedents further enabling huge accumulations of wealth without any personal risk.

David Kairys at Slate:

1. Increasing the constitutional rights of corporations beyond their business purposes is really about increasing the rights and power of corporate managers.
2. Taken as a whole, the conservative court’s First Amendment jurisprudence has enlarged the speech rights available to wealthy people and corporations and restricted the speech rights available to people of ordinary means and to dissenters.
3. Wealthy people and corporate managers shouldn’t dominate politics or have more and better speech rights than the rest of us.

Dana Blankenhorn analyzes:

Because right now corporations are not just men — they’re supermen. They can’t be killed, they can’t be jailed, yet they have all the rights of men, including full political rights.

Immortals, with absolute power over the rest of us, able to control society in perpetuity from behind their board room doors. America becomes a classic fascist state…

Slate inaugurates “This Week In Crazy“:

Supreme Court Justice Clarence Thomas wanted to let corporations spend as much as they want on influencing public policy without ever having to identify themselves.

In his undistinguished 20-year stint, Clarence Thomas has rarely called attention to himself for original thinking. But if Thomas had had his way with Citizens United v. the Federal Election Commission, in which the court decided to remove limits on campaign financing, an already horrible decision would have been far, far worse.

Crazy worse.

Thomas went along with the majority in agreeing that corporations and unions can once more be permitted to spend freely on political issues, thus driving a stake through the heart of the democratic process in the United States. But he dissented in part, because he didn’t think the ruling went far enough.

Specifically, he argued that the court was wrong to continue requiring that the sponsors of political advertising disclose who paid for them.

Tyson Foods to pay up to $50 to every consumer who bought poultry falsely labeled antibiotic-free. Details will appear I suppose.

Soon after almost every disaster the crimes begin: ruthless, selfish, indifferent to human suffering, and generating far more suffering. The perpetrators go unpunished and live to commit further crimes against humanity. They care less for human life than for property. They act without regard for consequences.

I’m talking, of course, about those members of the mass media whose misrepresentation of what goes on in disaster often abets and justifies a second wave of disaster. I’m talking about the treatment of sufferers as criminals, both on the ground and in the news, and the endorsement of a shift of resources from rescue to property patrol.

Rebecca Solnit: incisive criticism of our media machine in Haiti:

Panic among ordinary people in crisis is profoundly uncommon. The media will call a crowd of people running from certain death a panicking mob, even though running is the only sensible thing to do.

We live and die by words and ideas, and it matters desperately that we get them right.

Necessity is a defense…

City officials warn that all digital advertising screens on Moscow streets will be removed unless hackers stop disrupting traffic by beaming hardcore porn.

“If we are not 100 per cent sure that this situation cannot arise again, we will decommission this type of screen in the city.”

Motorists were shocked reports the The Moscow News.

Nick Herbert on enhancing empathy between two people by quantum-entangling their minds!

Does mystical union ensue when two or more people look through tubes at the same star?

Visible stars possess a “radius of coherence” of several feet or larger so that when you and your partner look up at a star (and are close together) you are standing inside that star’s coherence radius.

The Stellerator is merely a hollow tube which allows you and your partner’s retinas to be excited by light from the same star. It was first tested by a gang of happy amateurs immersed in an Esalen hot tub on the edge of a cliff overlooking the Pacific under the starlit sky.

No huge increase was observed in our already high level of conviviality.

As with any new science, it is well to be aware of possible dangers of the Quantum Intimacy Machine so as not to be caught by surprise.

Financial Times:

President Obama probably feels he has had a bad week. But it may prove to have been a good one for world welfare!

The new plan is well conceived to reduce banking conflicts that the market has shown itself unable to self-regulate, and indirectly to create natural curbs on excessive remuneration.

All institutions with a balance sheet of significant size need to be regulated… that principle applies as much to market-making by investment banks as deposit-taking institutions.

The lack of international coordination has been lamented in some quarters. But it was always a chimera.

A strong lead from a man like Volcker is so obviously vastly superior…

Close policing… should ensure that the development of bubble-like excesses is spotted and thwarted a little earlier than has been typical in recent years.

The Epicurean Dealmaker says “the assertion that large, multi-line financial conglomerates provide customers with services no smaller institutions can deliver is pure poppycock. The mid-1990s concept of globe-striding financial supermarkets has been completely discredited, most notably by their sad-sack poster child, Citigroup.”

Eight Centuries of Financial Folly

Every few decades, the economy’s major players develop bulletproof confidence in the efficiency of markets and the health of the economy.

Known as ‘this-time-is-different syndrome’, this unrealistic optimism afflicted bankers, investors and policy makers before the 1930s Great Depression, the 1980s Third World debt crisis, the 1990s Asian and Latin American meltdowns, and the major 2008-2009 global downturn. Conditions differed, but the same mindset – a dangerous mix of hubris, euphoria and amnesia – led to each of these collapses.

In each case, decision makers adopted beliefs that defied economic history.

Even so, two steps could help avert repeat performances:

1. An early-warning system – Because many decision makers ignore clear signs of trouble.
2. A regulatory scheme with teeth – Because capital crosses borders in search of the lightest regulations.

via Mark Thoma:

Back in the 70s, US financial sector liabilities were less than 20% of GDP. Today the figure is close to 120%. Leverage has increased enormously. Back then, stringent liability rules inhibited risk taking. In the days when such liability provisions applied to banks, “conservative” was the adjective habitually attached to “banker.” It does not fit the high-stakes gambling “quants” of recent years.

The single best thing we could do for financial reform: Triple the budgets of all financial regulatory agencies. Immediately. Regulators are woefully understaffed; this is fact.

The bankers have been playing “I win, you lose” with the general public.

Here’s an old saw I once enjoyed:

Eric Arthur Blair, pen name George Orwell, wished to “escape from…every form of man’s dominion over man.”

Orwell, far more impressive as a moral critic than as a constructive political thinker, was a kind of literary proletarian who lived in dire straits for most of his life, and began to earn serious money from his writing only when he was approaching death.

The case for the defense is that Orwell was a magnificently courageous opponent of political oppression, a man of unswerving moral integrity and independence of spirit…

He was not, to be sure, always objective… Orwell abandoned socialism; yet he died ‘unable to offer any positive alternative to pessimism and fear’.