Archive for the ‘CrashBlogging’ Category

Political views ‘all in the mind’

Saturday, September 20th, 2008

Scientists studying voters in the US say our political views may be an integral part of our physical makeup.

Their research, published in the journal Science, indicates that people who are sensitive to fear or threat are likely to support a right wing agenda.

Those who perceived less danger in a series of images and sounds were more inclined to support liberal policies.

The authors believe their findings may help to explain why voters’ minds are so hard to change.

In the study, conducted in Nebraska, 46 volunteers were first asked about their political views on issues ranging from foreign aid and the Iraq war to capital punishment and patriotism.

Those with strong opinions were invited to take part in the second part of the experiment, which involved recording their physiological responses to a series of images and sounds.

The images included pictures of a frightened man with a large spider on his face and an open wound with maggots in it. The subjects were also startled with loud noises on occasion.

Conducting experiments

By measuring the electrical conductance of the volunteers’ skin and their blink responses, the scientists were able to work out the degree of fear they were experiencing – how sensitive they were to the images and sounds.

They found that subjects who were more easily startled tended to have political views that would be classified as more right wing, being more in favour of capital punishment and higher defence spending, but opposed to abortion rights.

More…

Republican Government Announces New Socialist Corporate Bailout

Saturday, September 20th, 2008

– An excellent and sharp edged bit of writing from The Sietch Blog:

– – – – – – – – – – – – –

Thats right, the unthinkable (if you are a free market republican) has happened. The REPUBLICANS after years of steadily chopping away regulation after regulation seem to be super surprised that in a market that has no laws, or rules, or even guide lines….crazy greed induced meltdown has occurred. Let me be the first to say…DUH!

It doesn’t take a mental giant to realize that people will get away with what they can. Because the Bush administration has been so lax in it’s oversight of financial markets (I will lump in the republican congress that went along with him for most of the last 8 years, and even sprinkle a little blame on the Democrats who have only been in power for the last 2) that the fox left to guard the hen house has long since eaten all the chickens.

Here is a two minute history lesson. After the great depression, FDR and a bunch of other “liberals” put into place a bunch of laws to make it impossible for the banking world, and the finacial markets to get too cozy. As soon as the gavel struck on the supreme courts desk giving Bush the win in 2000 those rules began to be attacked (to be fair Regan and Bush 1 did their best to kill as many of them as they could as well). 8 years later, we have no rules, and an economic shit storm.

So in essence, every single splinter of the conservative plank has fallen apart. Economically, ecologically, diplomatically, constitutionally, socially, every single thing they stand for has been proven WRONG by the events on the ground.

More… (and well worth reading)

How Financial Madness Overtook Wall Street

Friday, September 19th, 2008

– This is a great read from Time Magazine – highly recommended.

= = = = = = = = = = = = = = = = =

If you’re having a little trouble coping with what seems to be the complete unraveling of the world’s financial system, you needn’t feel bad about yourself. It’s horribly confusing, not to say terrifying; even people like us, with a combined 65 years of writing about business, have never seen anything like what’s going on. Some of the smartest, savviest people we know — like the folks running the U.S. Treasury and the Federal Reserve Board — find themselves reacting to problems rather than getting ahead of them. It’s terra incognita, a place no one expected to visit.

More…

-research thanks to John P.

Conflict fear over Arctic borders

Wednesday, September 17th, 2008

– Not the first time I’ve written on this and I doubt it will be the last.

– – – – – – –

A senior US Coast Guard commander has warned of the risk of conflict in the Arctic, unless disputes over international borders are resolved.

Speaking to the BBC during an Arctic patrol flight, Rear Adm Gene Brooks, in charge of the Coast Guard’s vast Alaska region, appealed for a diplomatic deal.

“The potential is there with undetermined boundaries and great wealth for conflict, or competition.

“There’s always a risk of conflict,” Adm Brookes said.

He added that this was especially the case “where you do not have established, delineated, agreed-upon borders”.

Russia is staking the largest claim to the Arctic, after planting a flag at the North Pole last summer, but Denmark, Norway, Canada and the United States are all involved in border disputes as well.

The admiral’s warning comes as the Arctic sea-ice has, for a second year running, retreated far more dramatically than the long-term average. The latest satellite analysis shows this year’s melt closely following last year’s record thaw.

More…

Glaciers shrinking in Southern Alps

Wednesday, September 17th, 2008

New Zealand’s glaciers are showing the lowest total ice mass on record with more than twice the volume of Rangitoto Island melting away in a year.

Research released yesterday by the National Institute of Water & Atmospheric Research showed the Southern Alps glaciers had lost over 2.5cu km (2.2 billion tonnes) of permanent ice from April 2007 to March this year.

That is the fourth highest annual loss since monitoring started, leaving the glaciers with the lowest total ice mass on record of just 44.9cu km.

Niwa principal scientist Jim Salinger told the Herald that was an 18 per cent loss since 1976 when 54cu km was recorded.

The 2.2 billion tonnes loss from last year to the end of March was “very significant”, he said.

More…

Second Chinese baby dies in tainted milk scandal

Monday, September 15th, 2008

– Was it just last year that pet food from China was laced with melamine and pets died all over the U.S. and there was a huge scandal and backlash? & &

– Well, now the same folks in China, who put making a bigger profit above all else, are at it again.   This time they’ve slipped melamine into the milk that goes into baby formula.  Unbelievable.

= = = = =   = = = = =   = = = = =

China on Monday reported one more infant death from tainted milk powder, bringing to two the number of babies killed in an expanding scandal that drew an official product recall only after New Zealand blew the whistle.

The latest death blamed on infant milk powder made by the Sanlu Group occurred in Gansu province, a poor region in the northwest that was also home to the only other fatality blamed on chemical-laced milk, the official Xinhua news agency reported.

China has recorded nearly 500 babies falling ill from the tainted milk powder, including 102 in Gansu.

Sanlu, a milk powder producer 43 percent owned by New Zealand dairy giant Fonterra, was ordered to halt production last week after investigators found the chemical melamine in its powder was causing kidney stones in infants.

Farmers or dealers supplying milk to Sanlu may have diluted it with water and then added melamine, used in plastics, fertilisers and cleaning products, to make the milk’s protein level appear higher than it actually was.

Local Chinese officials only acted after the New Zealand government contacted the central government in Beijing, New Zealand Prime Minister Helen Clark said on Monday.

More…

17Sep08 – more…

Climate inaction ‘costing lives’

Monday, September 15th, 2008

Failure to take urgent action to curb climate change is effectively violating the human rights of people in the poorest nations, an aid charity warns.

A report by Oxfam International says emissions, primarily from developed countries, are exacerbating flooding, droughts and extreme weather events.

As a result, harvests are failing and people are losing their homes and access to water, the authors observe.

They say human rights need to be at the heart of global climate policies.

Oxfam will be submitting its report, called Climate Wrongs and Human Rights, to the Office of the UN High Commissioner for Human Rights (OHCHR).

Righting wrongs

“Climate change was first seen as a scientific problem, then an economic one,” explained report author Kate Raworth. “Now it is becoming a matter of international justice.

The global impacts of climate change meant that nations had to be held accountable for the consequences of their actions, Ms Raworth said.

“Litigation is seldom the best way to solve a dispute.

“That is why we need a strong UN deal in 2009 to cut emissions and support adaption,” she added, referring to next year’s key UN climate summit where a future global climate strategy is expected to be agreed.

“However, vulnerable countries do need options to protect themselves. Rich country polluters have been fully aware of their culpability for many years.”

More…

Concealed pistol permits up 43 percent in Wash

Saturday, September 13th, 2008

-  Here in the U.S., we have the right to ‘bear arms’.   This ‘right’ was established for us by Article 2 of the United States Bill of Rights. 

– The original idea, I think, was that a government is suppose to serve its people, not oppress them.   Allowing the country’s citizens to bear arms is a way of ensuring the government’s good behavior.

– I know that most other countries consider this an odd idea and even here in the U.S., there has always been a lot of debate about it.

– Regardless of what you might think about it, the article below is, I think, a reflection of the growing sense of insecurity here in the U.S.    This article is about the State of Washington where I am currently living here in the U.S.

– – – – – – – – – – – – – – – – – – – – – – –

SEABECK, Wash. – In Julian Piercy’s mind, the small bulge in his shirt near his lower back is a way of “leveling a situation.”

The clip that he fastens to his waist band before leaving the house isn’t just another accessory. It gives him an option, he said, when all others are off the table and a life is on the line.

When he feels the pressure of metal on his back, it gives him confidence that he has a chance of protecting those he cares about most.

“As a parent, I am the first line of defense for my children,” he said. “Not the police.”

Piercy, a nursing student at Olympic College, lifts his shirt to reveal a .45-caliber Springfield XD, a black semi-automatic handgun that weighs about 30 ounces when loaded. He carries constantly with a few exceptions mostly when he’s on campus and prohibited from doing so.

Having carried in his younger days because, frankly, he could, Piercy, 38, has once again obtained a license to carry a concealed weapon and is getting used to the feel of carrying again.

“The gun doesn’t make me invincible, smarter, or tougher than anyone else,” he said. “It’s merely there as a tool.”

Spurred by fear of a violent attack or because they have actually survived one more Washingtonians are getting a concealed pistol license. The license, or CPL, allows them to travel with a hidden gun among an unknowing public. License holders jumped from about 179,000 to 258,000, 43 percent, between 2003 and 2007. The state Department of Licensing says permit applications in Kitsap County jumped from 1,587 in 2004 to 3,339 in 2007.

More…

Wealthy states look globally for fertile soil

Saturday, September 13th, 2008

– This sounds like a new form of colonialism to me.  

– It may begin with economic arrangements, but once the growing country is supplying a significant portion of the consuming country’s food, the internal affairs of the growing country will become the ‘personal and deeply vested interest business’ of the consuming country.

– If the growing country is not well behaved, then military or clandestine intervention will follow.  

– Can anyone say, “Chile, Allende, Anaconda and CIA”?  It’s the same pattern, just with a new name.

“For some policymakers, this evokes the nightmare scenario of crops being transported out of fortified farms as hungry locals look on.”

 = = = = = = =   = = = = = = =   = = = = = = =

Capital-rich but food-insecure countries are exploring the idea of leasing farmland beyond their own borders. Is this a “win-win” idea or a recipe for exploitation? Javier Blas and Andrew England report.

Saudi Arabia has no permanent rivers or lakes. Rainfall is low and unreliable. Cereals can be cultivated only through expensive projects that deplete underground reservoirs. Dairy cattle must be cooled with fans and machines that spray them with water mists. This is not, in short, a nation that would normally be associated with large-scale agriculture.

But that could be about to change. Boosted by revenues from the oil boom and concerned about food security, the kingdom is scouring the globe for fertile lands in a search that has taken Saudi officials to Sudan, Ukraine, Pakistan and Thailand.

Their plan is to set up large-scale projects overseas that will later involve the private sector in growing crops such as corn, wheat and rice. Once a country has been selected, each project could be in excess of 100,000 hectares – about 10 times the size of New York City’s Manhattan island – and the majority of the crop would be exported back, officials say.

While Saudi Arabia’s plans are among the grandest, they reflect growing interest in such projects among capital-rich countries that import most of their food. The United Arab Emirates is looking into Kazakhstan and Sudan, Libya is hoping to lease farms in Ukraine and South Korea has hinted at plans in Mongolia. Even China – with plenty of cultivable land but not a lot of water – is exploring investments in south-east Asia.

More…

Idiots Fiddle While Rome Burns

Thursday, September 11th, 2008

– I really like Barry Ritholtz’s commentary on financial matters on his Big Picture Blog.

-= = = = = = = = = –

The collection of ne’er do wells, clueless dolts, political hacks, and oh, let’s just be blunt and call them what they are — total Idiots — expands into an ever larger circle.

While the Republic burns due to the unsavory combination of incompetence, ideological rigidity, and crony capitalism, the fools and assclowns seem ever more determined to avoid any personal responsibility for the damages they have wrought. Instead, they flail about blindly, blaming everything and everyone — except their own horrific negligence.

This is financial incompetence writ on a scale far grander than anything seen for centuries.

As a nation, our institutions have failed us: Under Alan Greenspan, the Federal Reserve slept through the most reckless and irresponsible expansion of bank lending in history for reasons of ideological purity. His opposition to the Fed’s regulatory role reached the point of malfeasance long ago.  History is unlikely to be kind to the Maestro.

More…