the saving grace of streets

Three million protesters marched in France yesterday. [woot]

What a phenomena.

Timothy Noah writes at Slate. This 30-year trend “may represent the most significant change in American society in your lifetime,”  “and it’s not a change for the better.”

Part 1
Introducing the Great Divergence:
Trying to understand income inequality, the most profound change in American society in your lifetime.

Part 2
The Usual Suspects Are Innocent:
Neither race nor gender nor the breakdown of the American family created the Great Divergence.

Part 3
Did Immigration Create the Great Divergence?
Why we can’t blame income inequality on the post-1965 immigration surge.

Part 4
Did Computers Create Inequality?
No. The tech boom’s impact was no greater than that of previous technological upheavals during the 20th century.

Part 5
Can We Blame Income Inequality on Republicans?
Yes, but for the very richest beneficiaries the trend has been bipartisan.

Part 6
The Great Divergence and the Death of Organized Labor:
How has the decline of the union contributed to income inequality?

Part 7
The Great Divergence and International Trade:
Trade didn’t create inequality, and then it did.

Part 8
The Stinking Rich and the Great Divergence:
Executive compensation took off in the 1980s and 1990s. Is it to blame?

Part 9
How the Decline in K-12 Education Enriches College Graduates:
When the workforce needed to be smarter, Americans got dumber.

individuals without supervision

Another type of regulatory capture? Being outright dumb.

Reporting from Sacramento — Scores of people convicted of crimes such as rape, elder abuse and assault with a deadly weapon are permitted to care for some of California’s most vulnerable residents as part of the government’s home health aide program.

It’s a gray area they say. No it’s not. It’s just sloppy and lazy. And dumb.

what needs saying

c. len bullard:

I guess I’m old fashioned.

It’s all too easy to drown in the dark side of life. So to keep a bit of what’s left of my soul, I say, do not despair looking too closely too often at the acts of some of the people some of the time in some situations.

Rejoice for the acts of most of the people most of the time in most situations for that is the spirit of goodness that moves the face of the waters.

It may not be intellectually elite but it gives me a reason to smile at the barrista, tell her how much I appreciate her making the latte for me, telling a joke to the Mom with the two kids, opening a door for her, and generally, ministering to the hardness of life wherever I can hopefully without creeping people out. It won’t change much but it won’t make it worse.

sanity rally

The mystic chords of memory, stretching from every battlefield and patriot grave to every living heart and hearthstone all over this broad land, will yet swell the chorus of the Union, when again touched, as surely they will be, by the better angels of our nature.

Rally to Restore Sanity

It’s set up as a joke, but there’s a serious point at the heart of it.

Dana Blankenhorn asserts, “It may be the most important political event of the year, putting the politics of our time on trial and calling for its rejection.

“He’s calling a new generation to renew the work before us, reasonably, honorably, purposefully, sanely, quietly, which is all the President is asking of us as well, and what our history demands of us.”

kinky economics

Ezra Klein reacts to the GOP’s Pledge to America:

Their policy agenda is detailed and specific — a decision they will almost certainly come to regret.

Because when you get past the adjectives and soaring language, the talk of inalienable rights and constitutional guarantees, you’re left with a set of hard promises that will increase the deficit by trillions of dollars, take health-care insurance away from tens of millions of people, create a level of policy uncertainty businesses have never previously known, and suck demand out of an economy that’s already got too little of it.

Economist Mark Thoma sums it up:

There don’t seem to be any new ideas here, just a promise to undo what’s been done since the Republicans lost power.

Why would we want to return to the policies that brought us
a stagnant middle class even in the best of times,
widening inequality,
out of control financial markets,
the biggest recession in recent memory,
declining rates of health care coverage,
threats to Social Security and to social insurance,
tax policies that reinforce inequality
big holes in the budget,
false claims that tax cuts more than pay for themselves, and
two wars that have brought Social Security and Medicare — programs vital to middle and low income households under increasing financial pressure?

Comment snippets:

Didnt they have a ten point Contract With America when Gingrich took over? Let’s see… one was to run a balanced budget.

The plan is to cut transfer payments that provide food and health care to children while cutting taxes, increasing defense spending, the deficit and expanding the size of government under the guise of protecting morals.

Hey. Some of us get off on that kind of thing. Kall it Kinky Economics. Trickle down was just foreplay.

Republicans are now pledging to stop their spending spree? These Republicans that took a record $236 billion surplus into a record $1.3 trillion deficit? Sick.

The ship of State has a large hole in the bottom where the fuel tank used to be. The Reagan Solution is to chop more holes while invoking Reagan’s name.

“I’ve made clear over the last 20 months, when Republicans were in control of Congress we made our share of mistakes,” Boehner said.  Banana republic, here we come.

from the inside out

The mall.
They’re like little colonies of corpocracy beamed down from the capitalist mothership.

Let’s face it. Malls are soul-deadening, community-crushing, job-vaporizing, passion-flattening, purpose-destroying, innovation-sucking, future-munching vectors of the lethal disease known as consumer capitalism that’s eating America from the inside out.

Er, Walmart is a little different in China. [16 pics]

The bank. The reason banks blew up is that they aren’t really banks.

They are giant leveraged structured hedge funds where your deposits are casino chips in the hands of Gamblers Anonymous. So for Pete’s sake, will someone create a bank for the rest of us already?

The stock market. Gambling with our hard-earned cash sounds about as smart as eating a pound of plutonium.

It’s about time someone invented a stock market for actual investment; real, committed, long-haul, patient capital, not just myopic, narrow, by-the-nanosecond, rumor-mill driven speculation.

Get the idea?

If we could reimagine a better capitalism, what would we want — and where would we begin?

Because whether we like it or not, a Great Stagnation is choking us in the belching, noxious fumes of an industrial age, and it won’t go away just because we want it to. But it will when we cause it to.

organize the signals

Oil. Cash. Disruption.
Step #1: Eliminate whatever is stupid.

Brian Westerhaus’ blog:

Backed-up traffic costs $100 billion per year and wastes more than 2.5 billion gallons of fuel, not to mention the uncountable human hours —some of them yours.

What if traffic lights were smart?

Each set of lights is a sensor that feeds information about the traffic conditions, calculates the flow of vehicles, and works out how long the lights stay green in order to clear the road.  Each set of lights can estimate for itself how best to adapt to the conditions expected at the next moment.

Self-organizing traffic!

Self-controlled traffic lights detect the randomly occurring gaps in traffic.

The flow of traffic is managed as if it were a fluid. Travel time is significantly less, red lights are shorter and more naturally distributed. Does not fight natural fluctuations by trying to impose a rhythm.

clearly, the figures are wrong

David Degraw:

News reports are out saying that in 2009 the poverty rate “skyrocketed” to 43.6 million – up from 39.8 million in 2008, which is the largest year-to-year increase, and the highest number since statistics have been recorded – putting the poverty rate for 2009 at 14.3 percent.

This is obviously a tragedy and horrific news. However, this is blatant propaganda.

The Census Bureau uses a long outdated method to calculate the poverty rate. The Census is measuring poverty based on costs of living metrics established back in 1955 – 55 years ago!

These numbers are based on: $22,050 for a family of four. Let me repeat that: $22,050 for a family of four. That breaks down to $5513 per person, per year. I don’t know about you, but I can’t imagine living in the United States on $459 per month.

If you increase that measure by just a small increment, to $25,000 for a family of four, you are now looking at nearly 100 million Americans in poverty.

Let’s get real. Someday. Please.

While the economic top half of one percent now fears a ‘double-dip’, the overwhelming majority of Americans are in the same downward spiral they’ve been on since Reagan.

A recent study done by Capgemini and Merrill Lynch Wealth Management found that a mere one percent of Americans are hoarding $13 TRILLION in ‘investible wealth’.

Yep, one percent of Americans are hoarding $13 TRILLION in ‘investible wealth’ and that doesn’t even factor in all the money they have hidden in offshore accounts.

our impoverished public

Sita Sings the Blues:

A Free Culture Success Story.

Why I insisted on authentic songs, what is and is not property, how software is culture, the difference between Share Alike (copyleft) and other Creative Commons licenses, why I paid to legally license the old songs, how noncommercial copyright infringement is still illegal, legal costs, benefits of audience sharing & decentralized distribution, the Sita Sings the Blues Merchandise Empire (sitasingstheblues.com/store), open-licensed merch, audience goodwill, how fans support artists, rivalrous vs. non-rivalrous goods, the Creator Endorsed Mark, migrating Flash files to open formats, gift income, commerce without monopolies, why I encourage legal sharing, and more.

For those with longer attention spans, click here.
Or meet Nina Paley here.

very hip: rivalrous vs. non-rivalrous goods

poverty & the pains of wealth

Screen captured from Wall Street Journal.

ey wot?

In the last forty years, Americans have gone from citizens to consumers, from consumers to consumables. Thus no human being has any worth who is not a member of the wealth tribe. There is a treatment for this condition, which means that there is hope. For their own health and well-being we must take away as much of the ill-gotten gains of the rich as we can, leaving them only a fraction of their former stashes. $$$ is just as addicting a drug as crack but it affects a great many more people, not just those immediately surrounding the addict.

pic posted here 09/16



wake up lefties

“When I hear Democrats griping and groaning and saying …

‘the health care plan didn’t have a public option’, and … ‘the financial reform — there was a provision here that I think we should have gotten better’, or, ‘you know what, yes, you ended the war in Iraq, the combat mission there, but you haven’t completely finished the Afghan war yet’, this or that or the other, I say ‘folks, wake up’.

“This is not some academic exercise, as Joe Biden put it, don’t compare us to the Almighty; compare us to the alternative.”




Have Americans gone mad?

Republicans need to make a net gain of 39 seats to retake the House of Representatives. The consensus is they will, and probably with something to spare; some analysts are even predicting a repeat of the 52-seat swing in 1994, when a pugnacious minority leader named Newt Gingrich led Republicans back to command of the House for the first time in 40 years.

You sense a flailing around for the vanished certainties once encapsulated in the notion of ‘the American Dream’, and a venomous search for scapegoats in the establishment that has failed them.

emphasis: venomous

magnitude and speed

Don’t they call this a hockey stick graph?

It is unquestionable that the last century has been marked by a warming trend having no equivalent over the last millennium. —The Geophysical Research Letters

“The rate of human-driven warming in the last century has exceeded the rate of the underlying natural trend by more than a factor of 10, possibly much more.”

Disruption this century is projected to cause a rate of warming that is another factor of 5 or more greater than that of the last century.

while we moan and bellyache

Were America not myopic.

The 717 emerging-cities market – cities with populations of more than 500,000 plus 371 cities that will reach this size in 25 years – is the largest commercial opportunity in the world. The report is titled Winning in Emerging-Market Cities: A Guide to the World’s Largest Growth Opportunity.

Emerging-market cities will need housing and infrastructure—most urgently, transportation, water, sanitation, and electricity. Meeting these needs will require an estimated $30 trillion to $40 trillion by 2030—the equivalent of 60% to 70% of the total global investment in infrastructure.

The strongest driver of infrastructure demand will be population growth.

Emerging markets will require an estimated $13.8 trillion in new housing investment from 2010 to 2030, with a huge portion of the demand coming from Brazil, China, India, and Mexico.

Emerging-market cities will reach 30% of all global private consumption by 2015.

h/t Next Big Future

Jobs. You want jobs? You can’t handle jobs.

One-third of the world’s population—2.6 billion people—live in emerging-market cities, and by 2030 that number will increase by 1.3 billion. In contrast, cities in developed markets will add only 100 million new residents in the next 20 years.


spaghetti on the wall

Republicans say ‘climate change’ is a four-letter word, JOKE. But China’s Communists turned it into another four-letter word, JOBS. —Thomas Friedman

Green in China “is a practical discussion on health and wealth.”

“There is really no debate about climate change in China,” said Peggy Liu, chairwoman of the Joint U.S.-China Collaboration on Clean Energy. “China’s leaders are mostly engineers and scientists, so they don’t waste time questioning scientific data.”

New ways to do more with less.

It’s a three-for-one shot for them. By becoming more energy efficient, China saves money, takes the lead in the next great global industry and earns credit with the world for mitigating climate change.

While Republicans were turning climate change into a wedge issue, the Chinese Communists were turning it into a work issue.

rage of the rich

If you want to find real political rage you’ll find it among the very privileged who are outraged, outraged, at the thought of paying modestly higher taxes.

Paul Krugman:

These days, however, tax-cutters are hardly even trying to make the trickle-down case.

People making $400,000 or $500,000 a year aren’t rich?

I mean, look at the expenses of people in that income class — the property taxes they have to pay on their expensive houses, the cost of sending their kids to elite private schools, and so on. Why, they can barely make ends meet.

And billionaires are outright belligerent?

A sense of entitlement has taken hold: it’s their money, and they have the right to keep it.

“Taxes are what we pay for civilized society,” said Oliver Wendell Holmes — but that was a long time ago.

With $17.5 billion, David Koch is the second-richest man in New York City, behind Michael Bloomberg, and the $$$ in puppet ma$$$ter.

debt debt debt

Government debt is not the debt story. The sector that caused the crisis, that financed speculation rather than genuine investment, is most heavily in debt.

Very, very few examine Wall Street’s massive debt nor it’s relentless capture of American homeowners’ cash and lifetime earning power. Now that’s debt!

The finance sector exists to create debt, and the only way it can do that is by encouraging the rest of the economy to take it on.

If they were funding productive investments with this money, there wouldn’t be a crisis in the first place. —Steve Keen

Debt growth in America is Wall Street and their encumbered customers, us.

Wall Street’s frenzy of bond, equity and mortgage securities falls in a mess of derivatives and over-rated packaging.

Real estate hammered consumers. Government steps in while  business retreats.

Blame Obama of all things. Scream about a stimulus and unemployment checks.

Debt is Republican. And bailouts too. They follow the financiers believing that a dollar borrowed is a dollar spent in the economy. But Wall Street has delivered only pennies on the dollar in GDP.

Imagined fears of deficits? Deficits? Real debt is seldom discussed. Do bankers fund these political charades?

Of course, government must now step in. Let’s hope correctly. It’s not had much practice after 30 years of laissez-faire and outright dismantling.

someone who killed himself

“Terry’s other friends and I, grieving together, have agreed that we could not have changed his sadness, but I like to think I might have taught him the pleasure of sadness, something his ruthless merriment kept him from learning. We all might have explained that it is possible to be overcome with sorrow and still find meaning in that sorrow, reason enough to stay alive.”

too complicated to understand

Problems on Wall Street are  systemic?

What has happened is that a very substantial fraction of the financial services industry has come to be outside the law, and as it has become increasingly powerful, it has attracted increasingly amoral people. Its behavior has become more and more dangerous to the financial system and to the American economy.

the nutmeg policies

Big stink in California about jobs. Right wing says taxes and regulations push out businesses such as military contractors in southern California. But this isn’t true.

Northrop Grumman moved 300 white-collar jobs to be closer to its key customers, federal agencies in Washington, not because of high taxes or cumbersome regulations. About 30,000 employees remain, the bulk of its California workforce.

Jobs lost as a result of business leaving the state total about 11,000 a year — less than one-tenth of 1% of California’s 18 million jobs.

To restore 2 million jobs lost under G. W. Bush, she says a governor just needs to be a ‘marketer-in-chief’. Yup. That’s it.

Meg Witless for Governor.With a national record for campaign spending, Meg Whitman stumps to ‘turn California’s economy around’. She’ll use the tired tricks of the RNC: A bully appointing political friends. Eliminate 40,000 state jobs. Emaciate agencies. Strip green tech incentives. Bust education and the safety net. Inflame hot-button issues. Chase farm workers.

Typical plutocratic junk.


do what you cannot do

No arms. No legs.
He swims across the Channel in 13 and a half hours.

“I did it, I’m happy, I’m so happy, I can’t believe it, it’s crazy,” says a celebrating Philippe Croizon.

He lost his limbs in an accident 16 years ago. In 2008, he could not even swim two lengths of a swimming pool. “Two solutions were offered to me [after the accident]: to die or decide to live.” He used a snorkel and prosthetic legs with flippers. The remainder of his upper arms stabilized him. Three dolphins joined him for some of the crossing. His French language website is here.

how they slice bananas

LA Times finally lifts a thin cover to dig up the shallow advertising muscle behind the tea party insurgency. You can bet this paper is much polite. And this investigation much too light:

Sal Russo began in 1969 with Ronald Reagan.
Key promoter in conservative political circles.
Pivotal player in wingnut rising.
Started the Tea Party Express.
Large database mining.
Millions of dollars crafting caustic ads.
“He’s a talented political operative who has been doing this a long time.”
Cheap commercials at about $3,000 not $30,000.
The Alaska boost of Joe Miller. The Nevada boost of Sharon Angle.
Delaware backer. Long list of wacky candidate clients.
A bus with six or eight people and Sarah Palin, a fundraising machine.
Always raising money to run more ads.

Here’s another look at self enrichment to snooker honest, unsuspecting, passionate Americans.

nutsorama

Just swing your head in a complete circle and stick out your tongue ?

“The exact phrase ’separation of Church and State’ came out of Adolph Hitler’s mouth, that’s where it comes from.

“So the next time your liberal friends talk about the separation of Church and State ask them why they’re Nazis.” —Delaware Republican Glen Urquhart

Jefferson’s text: [link]

“Believing with you that religion is a matter which lies solely between Man & his God, that he owes account to none other for his faith or his worship, that the legitimate powers of government reach actions only, & not opinions, I contemplate with sovereign reverence that act of the whole American people which declared that their legislature should “make no law respecting an establishment of religion, or prohibiting the free exercise thereof,” thus building a wall of separation between Church & State.”

Want to start your own hate group? [link]

• Find people who believe that they are owed something
• Give them a back-story like: “we were great once, but…”
• Tell them what they know is lies
• Offer them praise and acceptance
• Scare them with (insert catastrophe)

the real entitlement costs

And so he is sad.

His income is $455,000 per year. He’s complaining about taxes.

He’s like most working Americans, he says. Once his bills are paid each month, there’s hardly anything left over. How can he be considered rich?

The median household income in the United States today is $50,000. Half of all households make more than this. Half of all households make less. 90% of households make less than $100,000 a year. Less than 1% captures more than $455,000 a year. By any standard, he’s really rich.

He thinks that he ought to be able to pay off student loans, contribute to retirement savings vehicles, build equity, drive new cars, live in a big expensive house, send his children to private school, and still have plenty of cash at the end of the month for the $200 restaurant meals, the $1000 a night resort hotel rooms, and the $75,000 automobiles.

But why does he think that’s the way things should be?

the bigots

Nicholas Kristoff:

In America, bigoted comments about Islam often seem to come from people who have never visited a mosque and know few if any Muslims. In their ignorance, they mirror the anti-Semitism that I hear in Muslim countries from people who have never met a Jew.