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Thursday, April 02, 2009
The Ever Spending Story
... or catch the video here on Comedy Central.
Tuesday, March 31, 2009
Friday, March 27, 2009
Without comment
Women told: 'You have dishonoured your family, please kill yourself'
When Elif's father told her she had to kill herself in order to spare him from a prison sentence for her murder, she considered it long and hard. "I loved my father so much, I was ready to commit suicide for him even though I hadn't done anything wrong," the 18-year-old said. "But I just couldn't go through with it. I love life too much."
All Elif had done was simply decline the offer of an arranged marriage with an older man, telling her parents she wanted to continue her education. That act of disobedience was seen as bringing dishonour on her whole family – a crime punishable by death. "I managed to escape. When I was at school, a few girls I knew were killed by their families in the name of honour – one of them for simply receiving a text message from a boy," Elif said.
So-called "honour killings" in Turkey have reached record levels. According to government figures, there are more than 200 a year – half of all the murders committed in the country. Now, in a sinister twist, comes the emergence of "honour suicides". The growing phenomenon has been linked to reforms to Turkey's penal code in 2005. That introduced mandatory life sentences for honour killers, whereas in the past, killers could receive a reduced sentence claiming provocation. Soon after the law was passed, the numbers of female suicides started to rocket.
... read the rest in the Independent (UK) after the click.
My comment: No comment. Draw your own conclusions.
When Elif's father told her she had to kill herself in order to spare him from a prison sentence for her murder, she considered it long and hard. "I loved my father so much, I was ready to commit suicide for him even though I hadn't done anything wrong," the 18-year-old said. "But I just couldn't go through with it. I love life too much."
All Elif had done was simply decline the offer of an arranged marriage with an older man, telling her parents she wanted to continue her education. That act of disobedience was seen as bringing dishonour on her whole family – a crime punishable by death. "I managed to escape. When I was at school, a few girls I knew were killed by their families in the name of honour – one of them for simply receiving a text message from a boy," Elif said.
So-called "honour killings" in Turkey have reached record levels. According to government figures, there are more than 200 a year – half of all the murders committed in the country. Now, in a sinister twist, comes the emergence of "honour suicides". The growing phenomenon has been linked to reforms to Turkey's penal code in 2005. That introduced mandatory life sentences for honour killers, whereas in the past, killers could receive a reduced sentence claiming provocation. Soon after the law was passed, the numbers of female suicides started to rocket.
... read the rest in the Independent (UK) after the click.
My comment: No comment. Draw your own conclusions.
More Why You Believe What You Believe
Learning How to Think
By NICHOLAS D. KRISTOF / New York Times
Ever wonder how financial experts could lead the world over the economic cliff?
One explanation is that so-called experts turn out to be, in many situations, a stunningly poor source of expertise. There’s evidence that what matters in making a sound forecast or decision isn’t so much knowledge or experience as good judgment — or, to be more precise, the way a person’s mind works.
More on that in a moment. First, let’s acknowledge that even very smart people allow themselves to be buffaloed by an apparent “expert” on occasion.
The best example of the awe that an “expert” inspires is the “Dr. Fox effect.” It’s named for a pioneering series of psychology experiments in which an actor was paid to give a meaningless presentation to professional educators.
... read the rest in the New York Times after the click.
By NICHOLAS D. KRISTOF / New York Times
Ever wonder how financial experts could lead the world over the economic cliff?
One explanation is that so-called experts turn out to be, in many situations, a stunningly poor source of expertise. There’s evidence that what matters in making a sound forecast or decision isn’t so much knowledge or experience as good judgment — or, to be more precise, the way a person’s mind works.
More on that in a moment. First, let’s acknowledge that even very smart people allow themselves to be buffaloed by an apparent “expert” on occasion.
The best example of the awe that an “expert” inspires is the “Dr. Fox effect.” It’s named for a pioneering series of psychology experiments in which an actor was paid to give a meaningless presentation to professional educators.
... read the rest in the New York Times after the click.
Thursday, March 26, 2009
Matt Taibbi makes some sense
on The Rachel Maddow Show:
Well, first of all I'm obviously not an expert on any of this stuff but I think on this one point the logic here to me doesn't seem all that hard to follow. If these companies are too big to fail, they're too big to exist. In a capitalist society we can't have a situation where all you have to do to stay in business forever is get so big that whenever you screw up the government comes and bails you out.
That's the reason we had the trust busting and the anti-monopoly laws back in the day and I think that's the reason we have to make sure that these companies are manageable and if they are incompetent and irresponsible that we can just let them fail.
Well, first of all I'm obviously not an expert on any of this stuff but I think on this one point the logic here to me doesn't seem all that hard to follow. If these companies are too big to fail, they're too big to exist. In a capitalist society we can't have a situation where all you have to do to stay in business forever is get so big that whenever you screw up the government comes and bails you out.
That's the reason we had the trust busting and the anti-monopoly laws back in the day and I think that's the reason we have to make sure that these companies are manageable and if they are incompetent and irresponsible that we can just let them fail.
The Origins of Disaster or Those Who Don't Study History are Doomed to Repeat It.
November 5, 1999
Congress approved landmark legislation today that opens the door for a new era on Wall Street in which commercial banks, securities houses and insurers will find it easier and cheaper to enter one another's businesses.
The measure, considered by many the most important banking legislation in 66 years, was approved in the Senate by a vote of 90 to 8 and in the House tonight by 362 to 57. The bill will now be sent to the president, who is expected to sign it, aides said. It would become one of the most significant achievements this year by the White House and the Republicans leading the 106th Congress.
"Today Congress voted to update the rules that have governed financial services since the Great Depression and replace them with a system for the 21st century," Treasury Secretary Lawrence H. Summers said. "This historic legislation will better enable American companies to compete in the new economy."
The decision to repeal the Glass-Steagall Act of 1933 provoked dire warnings from a handful of dissenters that the deregulation of Wall Street would someday wreak havoc on the nation's financial system. The original idea behind Glass-Steagall was that separation between bankers and brokers would reduce the potential conflicts of interest that were thought to have contributed to the speculative stock frenzy before the Depression.
... read the rest in the New York Times archives.
My comment: It would appear that Republicans, in their rush to deregulate everything in sight, are not prone to studying history.
Congress approved landmark legislation today that opens the door for a new era on Wall Street in which commercial banks, securities houses and insurers will find it easier and cheaper to enter one another's businesses.
The measure, considered by many the most important banking legislation in 66 years, was approved in the Senate by a vote of 90 to 8 and in the House tonight by 362 to 57. The bill will now be sent to the president, who is expected to sign it, aides said. It would become one of the most significant achievements this year by the White House and the Republicans leading the 106th Congress.
"Today Congress voted to update the rules that have governed financial services since the Great Depression and replace them with a system for the 21st century," Treasury Secretary Lawrence H. Summers said. "This historic legislation will better enable American companies to compete in the new economy."
The decision to repeal the Glass-Steagall Act of 1933 provoked dire warnings from a handful of dissenters that the deregulation of Wall Street would someday wreak havoc on the nation's financial system. The original idea behind Glass-Steagall was that separation between bankers and brokers would reduce the potential conflicts of interest that were thought to have contributed to the speculative stock frenzy before the Depression.
... read the rest in the New York Times archives.
My comment: It would appear that Republicans, in their rush to deregulate everything in sight, are not prone to studying history.
Tuesday, March 17, 2009
One Second before Midnight
by Al Petrone
Science tells us the earth is over 4.7 billion years old, with all of modern history and human civilization only occurring within the last 5,000 to 10,000 years. Said differently, if all of time were compared to a 12 month calendar, ALL of mankind's recorded history would have occurred on the last second, of the last minute, of the last day of that year. Using our universal timeline as an analogy, everything we know as humans has transpired at 11:59PM on December 31st .... all in less than one second. All of the world's cultures, languages, countries, empires, governments, religions, stories, songs and dreams that have ever come and gone - and those that are still here ....have all happened within this "one second before midnight". In this one blink of an eye, millions of species have appeared and disappeared off the face of the earth. One species however, evolved beyond the others, and learned to walk upright and communicate. In very short order, this same species went on to build pyramids, paint the Sistine Chapel, crack the genetic code of our DNA, and fly faster than the speed of sound. Thru their many stages of evolution, and while struggling to survive, this human species continually re-defined itself and its rightful place in the universe. As they journeyed on their many different paths thru time, they created many forms of culture and society. Along the way, each of these societies offered their own version of economic, political, judicial and religious belief systems. This resulted in the birth of numerous tribes within the species - each with their own language, their own customs, their own government, and their own Gods. Many of these forms of authority were based on birth-right, legend, inherited power, blind faith and legacy. Whether one believed the species was a "risen ape" or a "fallen angel", one thing was irrefutable: most of all human conflict had arisen thru man-made institutions....like borders, governments, religions, cultures, languages, and armies. Yes, the very same species that found the cure for polio, also created the atomic bomb. The very same species that sculpted the Statue of David and painted the Mona Lisa, also enslaved their fellow man. The very same species that wrote Hamlet and landed a man on the moon, also allowed a holocaust and several genocides to occur against their own species. History shows us that this continuous battle between good and evil has raged for thousands of years - with many of the ideas, cultures, governments, Gods and societies having come and gone in the flash of this one second before midnight.
... more on the hope for mankind after the click.
Science tells us the earth is over 4.7 billion years old, with all of modern history and human civilization only occurring within the last 5,000 to 10,000 years. Said differently, if all of time were compared to a 12 month calendar, ALL of mankind's recorded history would have occurred on the last second, of the last minute, of the last day of that year. Using our universal timeline as an analogy, everything we know as humans has transpired at 11:59PM on December 31st .... all in less than one second. All of the world's cultures, languages, countries, empires, governments, religions, stories, songs and dreams that have ever come and gone - and those that are still here ....have all happened within this "one second before midnight". In this one blink of an eye, millions of species have appeared and disappeared off the face of the earth. One species however, evolved beyond the others, and learned to walk upright and communicate. In very short order, this same species went on to build pyramids, paint the Sistine Chapel, crack the genetic code of our DNA, and fly faster than the speed of sound. Thru their many stages of evolution, and while struggling to survive, this human species continually re-defined itself and its rightful place in the universe. As they journeyed on their many different paths thru time, they created many forms of culture and society. Along the way, each of these societies offered their own version of economic, political, judicial and religious belief systems. This resulted in the birth of numerous tribes within the species - each with their own language, their own customs, their own government, and their own Gods. Many of these forms of authority were based on birth-right, legend, inherited power, blind faith and legacy. Whether one believed the species was a "risen ape" or a "fallen angel", one thing was irrefutable: most of all human conflict had arisen thru man-made institutions....like borders, governments, religions, cultures, languages, and armies. Yes, the very same species that found the cure for polio, also created the atomic bomb. The very same species that sculpted the Statue of David and painted the Mona Lisa, also enslaved their fellow man. The very same species that wrote Hamlet and landed a man on the moon, also allowed a holocaust and several genocides to occur against their own species. History shows us that this continuous battle between good and evil has raged for thousands of years - with many of the ideas, cultures, governments, Gods and societies having come and gone in the flash of this one second before midnight.
... more on the hope for mankind after the click.
Sunday, March 15, 2009
File this under Irony
Today's losers losing their homes are Republican districts. At least according to the Center for Responsible Lending, who has just issued a new report that shows nine of the top ten districts with the most foreclosures are Republican and most likely to receive the bulk of any homeowner bailout, and thus, at least according to one On Air editor of a major cable network, fit the definition of "losers".
... read a summary of the loosing districts after the click.
Rick Santelli's 'losers' may turn out to be the people who are supposedly his ideological fellow travelers. Ironic? Just a little ...
... read a summary of the loosing districts after the click.
Rick Santelli's 'losers' may turn out to be the people who are supposedly his ideological fellow travelers. Ironic? Just a little ...
A need to reconnect
"Must Read" piece from The Financial Times (London)
By Francesco Guerrera in New York
In different times, the offer from the check-in attendant would have been accepted with alacrity. But in the midst of the worst economic downturn since the Great Depression, with an angry public, populist politicians and an aggressive press baying for a crackdown on Wall Street’s “excesses”, the senior banker paused for thought when he heard those usually welcome airline words: “Sir, you have been upgraded to first class. Please follow me.”
Finally replying, “I am fine in coach, thank you”, he gave up the better seat and opened another chink in the armour of beliefs and practices that corporate America had built and spread around the world over decades.
Once hailed as examples of an American dream that rewarded success with large pay cheques, lavish perks and popular admiration, executives and their companies have been caught in the grip of a storm that will revolutionise business. The deep freeze of capital markets, the implosion of financial groups and the resulting rise in governments’ sway over the private sector have called into question some of the foundations of Anglo-Saxon capitalism.
... read the rest in the Financial Times after the click.
By Francesco Guerrera in New York
In different times, the offer from the check-in attendant would have been accepted with alacrity. But in the midst of the worst economic downturn since the Great Depression, with an angry public, populist politicians and an aggressive press baying for a crackdown on Wall Street’s “excesses”, the senior banker paused for thought when he heard those usually welcome airline words: “Sir, you have been upgraded to first class. Please follow me.”
Finally replying, “I am fine in coach, thank you”, he gave up the better seat and opened another chink in the armour of beliefs and practices that corporate America had built and spread around the world over decades.
Once hailed as examples of an American dream that rewarded success with large pay cheques, lavish perks and popular admiration, executives and their companies have been caught in the grip of a storm that will revolutionise business. The deep freeze of capital markets, the implosion of financial groups and the resulting rise in governments’ sway over the private sector have called into question some of the foundations of Anglo-Saxon capitalism.
... read the rest in the Financial Times after the click.
Friday, March 13, 2009
The Party of No
from the DNC web site:
At every step, the Republican Party has chosen obstruction over progress. As House Republican Whip Eric Cantor told the Washington Post, the Republican Party’s approach to the Obama agenda is “just saying no.”
On February 26, President Obama proposed a groundbreaking federal budget that will end fiscal gimmickry, restore honesty and accountability to the process, and make critical investments to rebuild and renew America. But Republicans continue to just say no. "No," they will not support the President’s plan. And, more importantly, "no" they will not present an alternative of their own.
... check out the "Nope" clock and run your cursor over the Republican leaders.
At every step, the Republican Party has chosen obstruction over progress. As House Republican Whip Eric Cantor told the Washington Post, the Republican Party’s approach to the Obama agenda is “just saying no.”
On February 26, President Obama proposed a groundbreaking federal budget that will end fiscal gimmickry, restore honesty and accountability to the process, and make critical investments to rebuild and renew America. But Republicans continue to just say no. "No," they will not support the President’s plan. And, more importantly, "no" they will not present an alternative of their own.
... check out the "Nope" clock and run your cursor over the Republican leaders.
An Insider's Look At How Ayn Rand Destroyed The World
by Lee Stranahan on HuffPo
I know my Ayn Rand. In fact, when it comes to Rand and her philosophy of Objectivism I'll put put my Ayn Cred up against almost anyone.
I attended her funeral in 1982. I was one of two students at experimental Objectivist high school back in 1980s. I did the audio taping on a lecture course taught by her 'intellectual heir', Leonard Peikoff. I've attended Objectivist conferences, owned first edition copies of Atlas Shrugged and I was personally kicked off the lawn of the Canadian power trio Rush's drummer by Neil Peart himself asserting his property rights.
Today, I realize that Rand's philosophy isn't just wrong or misguided - it's actually been destructive and dangerous.
... read the rest of the piece after the click.
I know my Ayn Rand. In fact, when it comes to Rand and her philosophy of Objectivism I'll put put my Ayn Cred up against almost anyone.
I attended her funeral in 1982. I was one of two students at experimental Objectivist high school back in 1980s. I did the audio taping on a lecture course taught by her 'intellectual heir', Leonard Peikoff. I've attended Objectivist conferences, owned first edition copies of Atlas Shrugged and I was personally kicked off the lawn of the Canadian power trio Rush's drummer by Neil Peart himself asserting his property rights.
Today, I realize that Rand's philosophy isn't just wrong or misguided - it's actually been destructive and dangerous.
... read the rest of the piece after the click.
and it's 1, 2, 3, what are we fightin' for?
Student facing 20 years in hell
The Independent (UK)
Sayed Pervez Kambaksh, the student journalist sentenced to death for blasphemy in Afghanistan, has been told he will spend the next 20 years in jail after the country's highest court ruled against him – without even hearing his defence.
The 23-year-old, brought to worldwide attention after an Independent campaign, was praying that Afghanistan's top judges would quash his conviction for lack of evidence, or because he was tried in secret and convicted without a defence lawyer. Instead, almost 18 months after he was arrested for allegedly circulating an article about women's rights, any hope of justice and due process evaporated amid gross irregularities, allegations of corruption and coercion at the Supreme Court. Justices issued their decision in secret, without letting Mr Kambaksh's lawyer submit so much as a word in his defence.
... read the rest in The Independent after the click.
The Independent (UK)
Sayed Pervez Kambaksh, the student journalist sentenced to death for blasphemy in Afghanistan, has been told he will spend the next 20 years in jail after the country's highest court ruled against him – without even hearing his defence.
The 23-year-old, brought to worldwide attention after an Independent campaign, was praying that Afghanistan's top judges would quash his conviction for lack of evidence, or because he was tried in secret and convicted without a defence lawyer. Instead, almost 18 months after he was arrested for allegedly circulating an article about women's rights, any hope of justice and due process evaporated amid gross irregularities, allegations of corruption and coercion at the Supreme Court. Justices issued their decision in secret, without letting Mr Kambaksh's lawyer submit so much as a word in his defence.
... read the rest in The Independent after the click.
Tuesday, March 10, 2009
Less Religious?
quoting from John Cole on Balloon Juice:
When it comes to religion, the USA is now land of the freelancers.
The percentage. of people who call themselves in some way Christian has dropped more than 11% in a generation. The faithful have scattered out of their traditional bases: The Bible Belt is less Baptist. The Rust Belt is less Catholic. And everywhere, more people are exploring spiritual frontiers — or falling off the faith map completely.
... more on Balloon Juice after the click.
My comment: John ends the piece with a stellar observation that I think makes a great reference to Pat Robertson, Jerry Falwell, Reverend Haggard and quite a few other Bible thumpers:
"For an omnipotent and omniscient being, God has made some really lousy earthly staffing decisions."
When it comes to religion, the USA is now land of the freelancers.
The percentage. of people who call themselves in some way Christian has dropped more than 11% in a generation. The faithful have scattered out of their traditional bases: The Bible Belt is less Baptist. The Rust Belt is less Catholic. And everywhere, more people are exploring spiritual frontiers — or falling off the faith map completely.
... more on Balloon Juice after the click.
My comment: John ends the piece with a stellar observation that I think makes a great reference to Pat Robertson, Jerry Falwell, Reverend Haggard and quite a few other Bible thumpers:
"For an omnipotent and omniscient being, God has made some really lousy earthly staffing decisions."
Monday, March 09, 2009
Thought for the day
from Quotes of the Day
"Absolute faith corrupts as absolutely as absolute power."
-- Eric Hoffer
"Absolute faith corrupts as absolutely as absolute power."
-- Eric Hoffer
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