It ain’t socialism done it: The lion’s share of the US deficit now comes from the United States petroleum import bill.
under gates
Emergic:
In essence, India suffers from a lack of critical thinking on several key issues of national importance.
The thinking that goes on happens within the confines of government – the civil service and the cabinet. There is almost a complete absence of groups outside the formal establishment who develop new policy ideas and actively engage with policy makers to see the ideas through.
As a result, it is no secret that India as a nation has not realized its potential even after six decades of Independence.
Our
- agriculture is in dismal state;
- internal security is compromised with alarming impunity;
- manufacturing sector is not robust enough to employ the vast semi skilled work force;
- education is highly regulated;
- health services are woefully insufficient, and;
- infrastructure is grossly inadequate.
A nation of over a billion people is ruled by absolute adhocism.
We are invariably held hostage to one of the pressure groups operating to service the narrow interest of its members.
a new biology of gut
The risky habit of livestock antibiotics in the USA is finally managed.
In a move that caught the livestock industry by surprise, the Food and Drug administration this week called for ending the use of antibiotics for growth promotion in livestock and requiring veterinary approval for all other uses of the drugs.
Antibiotic use “should be limited to those situations where human and animal health are protected,” said Joshua Sharfstein, the FDA’s principal deputy commissioner.
Sharfstein announced the policy changes that would end the farm usage of seven classes of antibiotics, including penicillins and tetracyclines, except to treat ill animals. [that’s smart]
No surprise to me. Europe condemned usage years ago. Excess antibiotics in billions of animals as well as mis-management by humans accelerates the selection of drug-resistant bacteria. We don’t need that one bit.
Antibiotic use in livestock begins at weaning. It’s all about efficiency and weight. Without the normal weeks of a mother’s fortified milk, the young intestine is vulnerable to harmful bacteria. It takes time to populate a healthy gut with a balance of beneficial bacteria, therefore early use of antibiotics have been thought to reduce illness, increase efficient digestion and thus sponsor growth.
Many agri-firms and their pocketed corporate-centric Republicans are bellyaching, although several top firms stopped using hormones and antibiotics years ago.
Meat might go up 2%. The industry’s more important challenges, if Wall Street offers credit, are imminent increases in process energy prices, extensive refrigeration costs, and volatile transportation fuel.
Obama gets things done. A news article said he already has 135 major projects in Congress, plus several thousand agency rules are being adjusted or re-written in order to reduce spending, increase deliverables and fix thirty years of trumpeted neglect.
in psychosocial news
Hug ’em and help ’em.
More than 40 percent of the US soldiers from the Iraq and Afghanistan wars seen at VA hospitals suffer from mental health disorders or psychosocial behavioral problems, a new study shows.
Forbes
Seal’s team collected data on 289,328 Iraq and Afghanistan veterans who sought health care at VA medical centers from 2002 to 2008.
Among these returning vets, 106,726 were given mental health care. That’s nearly 37 percent of veterans.
“When the definition is expanded to include diagnoses of mental health disorders or psychosocial behavioral problems such as homelessness, or both, 43 percent…
Those over 40 were at significantly higher risk for PTSD than their colleagues under 25.
eye level aurora
Astronauts on the Space Station have an eye-level light show: charged particles in the aurora.
on the frustration of markets
In the USA, there’s a trillion or much more floating back-n-forth in the so-called underground economy, not including criminal stuff, but the stuff of surviving that’s too sloppy or too small to book and to enforce fees and taxes.
This blog – http://stealthofnations.blogspot.com/ – great title – tracks deals made on the ground and the often brutal boots that governments use to squash undocumented untaxed markets. Yes, brutal.
In all nations, not everyone agrees to fund the social wheel, but more than that, not all nations deliver a social weal that their citizens can or will support. Why help those who run a government when that government fails? Or when that government merely siphons wealth to a favorite few or an entrenched elite?
The Soviets lost more than half their people by failing to convince them to support the system. Busy every day, surviving in a vast black market of food and rents and pastime and trinkets, when the USSR collapsed before 1989, many of its citizens didn’t notice. Over decades then and still today, a large segment of vending and trading in Russia remains outside the formal economy, popular moonshine included.
Were all governments able to corral off-book dealing in such a way that people agree, I think we’d also rein corruption of governments too.
Folks need to get by. What can control that?
we measure what?
Robert F. Kennedy, 18 March 1968
Too much and too long, we seem to have surrendered community excellence and community values in the mere accumulation of material things.
Our gross national product, now, is over eight hundred billion dollars a year, but that GNP – if we should judge America by that – counts air pollution and cigarette advertising, and ambulances to clear our highways of carnage. It counts special locks for our doors and the jails for those who break them. It counts the destruction of our redwoods and the loss of our natural wonder in chaotic sprawl. It counts napalm and the cost of a nuclear warhead, and armored cars for police who fight riots in our streets. It counts Whitman’s rifle and Speck’s knife, and the television programs which glorify violence in order to sell toys to our children.
Yet the gross national product does not allow for the health of our children, the quality of their education, or the joy of their play. It does not include the beauty of our poetry or the strength of our marriages, the intelligence of our public debate or the integrity or our public officials. It measures neither our wit nor our courage; neither our wisdom nor our learning; neither our compassion nor our devotion to our country; it measures everything, in short, except that which makes life worthwhile. It can tell us everything about America except why we are proud that we are Americans.
ain’t hollywood
The real CIA assassination program:
The CIA spent seven years trying to assemble teams capable of killing the world’s most wanted terrorists but could never find a formula that worked.
bushel jonesing
He heard himself thinking:
Here I am driving along on the biodiesel from about 100 million pigs, 35 million cattle, 1.6 billion turkeys, and 8 billion chickens and the ethanol in that ugly car in the lane next to me is just from dirty ol’ bushels of corn!
Yeh but, current corn ethanol converts a bushel of corn which weighs about 54 pounds into about 18 pounds of ethanol, 18 pounds of carbon dioxide, and 18 pounds of distillers grain of which 2 pounds is fat.
the trickle down wars
Marines say pain is weakness leaving the body:
This is what happens when a functional social contract goes bust (the one that we had, unwritten and unstated, that people will share in the additional wealth generated by improvements in productivity).
low brow fence
Bush’s border policy:
It was not always like this; migrants and drugs once occupied separate worlds. But tougher border enforcement has pushed both groups into the same obscure parts of the desert.
global travel tips
Oxford University:
Parasites reduce their harmfulness to the host so as not to run out of hosts BUT parasites become more harmful as they increasingly disperse.
presidium gossip
BTW:
I was talking to one of Paulson’s schoolmates a couple of weeks ago… and his only response was to start talking about the French Revolution and Lenin.
other folksy gems
I think a lack of sufficient cynicism can lead to undue pessimism.
We don’t really need more hear; we need more see.
I think you grossly underestimate the degree to which the government has become addicted to the substance of the people.
sloppy profits
Thirty times leverage means that if you lose 3.3%, you wipe out all your capital.
In the first few years of the G.W. Bush administration, the banking authorities decided it would be OK to allow five banks to increase their leverage from 12:1 up to 30:1. Which five banks, you ask? Bear Stearns, Lehman, Merrill Lynch, JPMorgan, and Goldman Sachs.
How did that work out, just five years later? Three are gone and two survived with large dollops of taxpayer money.
Is it really any surprise that Goldman and JPMorgan are making record profits on the underwriting and trading side of the business? Hell, if I could eliminate 50% of my competition, my profits would grow too!
funding delinquency
Richard E. Tremblay, professor of psychology, pediatrics and psychiatry at the University of Montreal:
The more intense the help given by the juvenile justice system, the greater was its negative impact.
Our findings take on even greater importance given that the juvenile justice system in the province of Quebec has the reputation of being among the best.
Most countries spend considerable financial resources to fund programs and institutions that group deviant youths together in order to help them. The problem is that delinquent behavior is contagious, especially among adolescents.
Putting deviant adolescents together creates a culture of deviance, which increases the likelihood of continued criminal behavior.
that’s the way it is
Seth Godin noticed Walter Cronkite acted as if he had a responsibility to his audience.
Walter Cronkite:
What do I regret? Well, I regret that in our attempt to establish some standards, we didn’t make them stick. We couldn’t find a way to pass them on to another generation.
sloppy builders
If every state had a building code as tough as California’s, energy consumption in a typical new home could be cut as much as 75 percent. That’s a lot of cash.
the victory of simple
Community is the resource development operation in the group development process of survival. Community is the frontier of sense, the territory of common, the geography of hello. Community sidesteps jargon, confounding the literate, frustrating the aggressive, annoying the credentialist, proving the politician, offering undreamt rewards to the victor while subjugating the right to deny the loser.
Community is instruction kinked in the catalyst of freedom. Community is the micro of the macro, the HQ of the milieu, debugging order and chaos in the miracle that can do that.
Community is the inescapable onus on the individual to participate in the benefit of the whole and the requirement upon the whole to manage itself for the individual.
Community is divergent seeds in the water of dreams, the agriculture of hope.
Community is the ideal shrunk real.
all too few
What was Rodrigo Corral thinking?
…it’s all relative to your sense of scarcity.

all teetering unworthy
I had watched the first two hearings with a growing sense of bewilderment.
It always seemed obvious to me that if the Bank of America-Merrill deal hadn’t gone through, Merrill Lynch would have been in a horrible position, akin to Lehman Brothers or the American International Group. The government very likely would have had to spend an awful lot more than $20 billion to save it.
Surely, the end result was worth whatever arm-twisting and additional government aid was required.
So why the anger?
Why the suggestions of “cover-up” and “lies”? On Thursday, as I watched Mr. Paulson being castigated, it dawned on me.
Seven months later, with the palpable fear of a financial collapse largely subsided, it really all boils down to how you view what happened last year. Was it, as Mr. Towns believes, a bailout of a handful of unworthy but too-big-to-fail institutions? Or was it, in the eyes of Mr. Paulson, a rescue of a teetering financial system? My vote is for the latter.
how deep our crawl
cannot control our long-term debt
Now, I realize that the last few miles of any race are the hardest to run, but I have to say now is not the time to slow down, and now is certainly not the time to lose heart. Make no mistake, if we step back from this challenge at this moment, we are consigning our children to a future of skyrocketing premiums and crushing deficits. There’s no argument about that. If we don’t achieve health care reform, we cannot control the costs of Medicare and Medicaid and we cannot control our long-term debt and our long-term deficits. That’s not in dispute. So we’re going to have to get this done.
tilted industry PR
Doublespeak isn’t a term used since the ’60s. Regretfully. Outright distortion is much more common.
Water is an industry, folks, funded by murky taxes and exploited by layers of underwriters and services near every airport business park, on the shoulder of riparian law, the unfinished rights of our first rights.
Riparian. Utilities use tremendous volumes of water long before piped to our penny pinching showers and guilty lawns.
I remember SecState George Schultz declare in the early ’90s that water costs will jump 500%. Hold your breath: 1,000% is the new horizon. Today, desalination is a bargain, much to Bechtel’s chagrin.
But let’s not worry. Industry will rescue us, observes the segment lobby Lux Research issuing a crafted if not reasoned policy statement. Why is it crafted? Because it’s revenue riding on green.
Unshackling Carbon from Water:
…while new energy sources and extraction methods may reduce carbon intensity, they often impose increased water usage.
On a planet where only 0.008 percent of the water is renewable, such tradeoffs will become an increasingly important consideration for executives and policymakers.
- Retrofits and upgrades will make coal and natural gas electricity sources more water and/or energy efficient. Representative solutions include boiler water treatments, like electrocoagulation, advanced ion exchange and membrane electrolysis, as well as dry condensers and cooling tower water recapture.
- New and improved extraction technologies will be employed. Exploitation of oil sands and improved deep sea extraction will continue to make oil the cheapest, if dirtiest, source of energy for automotive drivetrains. But water recycling technologies like desalination and hydrocarbon recovery could reduce the water- and carbon-intensity of oil extraction from new sources like the tar sands.
- The slow roll-out of transcontinental high-voltage DC transmission lines will hinder low-carbon, low-water energy sources like solar and wind. Biofuels use far too much water and are capable of providing too little energy to make up more than a few percent of global needs.
- Nuclear is the only low-carbon, low-cost energy source that can reliably meet future electricity needs, but water is its Achilles’ heel. However, advanced designs promise to increase efficiency and reduce water intensity, while placing plants on the coasts decouples them from increasingly scarce fresh water sources.
Well Hell. Now you know
- yes, utility execs truly, truly watch your back
- tundra and oceans must be industrialized
- power towers are the real 401K recovery, screw bio
- our coastlines are wide open, note, and lucrative
Carbon or no carbon, on and on we go funding shackles.
The biggest crime
Janet Tavakoli on what Wall Street owes you:
Wall Street’s “financial meth labs,” including Goldman’s, massively pumped out bad bonds and credit derivatives that have melted down savings accounts, pension funds, the municipal bond market and the American economy.
Risky assets, leverage and fraud led to acute distress in the global financial markets.
The biggest crime on the American economy may go unpunished with no consequences to the perpetrators.
The biggest crime was not predatory lending, but predatory securitizations, packages of loans that did not deserve the ratings or prices at the time they were sold. They ballooned what should have been a relatively small problem into a global crisis.
the power of wind power
Harvard’s new and thorough analysis of the power of wind power changes our long held perception that wind is a minor option.
NYTimes GreenBlog post here.
[pdf link here, a few page report]
In the big picture, this is important news.
