Thursday, June 25, 2009

eleven inherent rules of corporate behavior

Dieoff | A hundred years ago, even fifty years ago, it did not seem urgent that we understand the relationship between business and a healthy environment, because natural resources seemed unlimited. But on the verge of a new millenniums we know that we have decimated ninety-seven percent of the ancient forests in North America; every day our farmers and ranchers draw out 20 billion more gallons of water from the ground than are replaced by rainfall; the Ogalala Aquifer, an underwater river beneath the Great Plains larger than any body of fresh water on earth, will dry up within thirty to forty years at present rates of extraction; globally we lose 25 billion tons of fertile topsoil every year, the equivalent of all the wheatfields in Australia. These critical losses are occurring while the world population is increasing at the rate of 90 million people per year. Quite simply, our business practices are destroying life on earth. Given current corporate practices, not one wildlife reserve, wilderness, or indigenous culture will survive the global market economy. We know that every natural system on the planet is disintegrating. The land, water, air and sea have been functionally transformed from life-supporting systems into repositories for waste. There is no polite way to say that business is destroying the world. —Paul Hawkin, THE ECOLOGY OF COMMERCE

big oil ready for iraq

WSJ | Western oil companies were kicked out of Iraq in 1972, part of a wave of Mideast petroleum nationalization. Oil production hit at least three million barrels a day before Iraq invaded Kuwait in 1990, then fell sharply to 300,000 barrels after economic sanctions and trade embargoes were imposed. Production rebounded to about 2.5 million barrels before the U.S. invasion in 2003.

Iraqi lawmakers have squabbled for years over a draft petroleum law that would set a legal framework for foreign companies to start drilling again. Tired of waiting, Mr. Shahristani in 2008 unilaterally invited oil companies to bid on contracts. Because global companies are reluctant to explore undeveloped fields in Iraq without an oil law, Mr. Shahristani has focused on getting foreign help pumping from existing fields. "We have done what we can with our national resources, and now we need outside help," he says.

Despite security risks, Western oil companies are clamoring to get in. Iraq is still relatively unexplored, offering big companies a potentially easy-to-tap source of growth. Some are touting Iraq as the most important opening of petroleum fields since the discovery in 2000 of the giant Kashagan field in the Caspian Sea.

Some 120 companies expressed interest in bidding for the contracts at the June 29 and 30 auction, according to the oil ministry. Thirty-five companies qualified to bid, including Exxon Mobil Corp., Royal Dutch Shell PLC, Italy's Eni SpA, Russia's Lukoil and China Petroleum & Chemical Corp., or Sinopec. The six oil fields at stake are believed to hold reserves of more than 43 billion barrels. Foreigners won't get the most prized piece of the action -- ownership stakes in the reserves -- but will be paid fees for ramping up output.

Just over 20 of Iraq's roughly 80 known oil fields have been fully or partially developed, and most of its production comes from just three giants, North and South Rumaila and Kirkuk. Because lots of the black gold is considered relatively easy to extract, oil experts estimate that exploration and development in Iraq costs $1.50 to $2.25 a barrel, compared with about $5 in Malaysia or $20 in Canada.

"We're talking about a huge volume of crude flowing through their system for the companies who win the bids," says Samuel Ciszuk, IHS Global Insight's Middle East Energy analyst. "On the other side, Iraq desperately needs technology, and these companies can bring it."

Wednesday, June 24, 2009

come to save the day....,

what does it mean?

is 2009 the year of the global food crisis?

Nowpublic | After reading about the droughts in two major agricultural countries, China and Argentina, I decided to research the extent other food producing nations were also experiencing droughts. This project ended up taking a lot longer than I thought. 2009 looks to be a humanitarian disaster around much of the world

To understand the depth of the food Catastrophe that faces the world this year, consider the graphic below depicting countries by USD value of their agricultural output, as of 2006.


Now, consider the same graphic with the countries experiencing droughts highlighted.

The countries that make up two thirds of the world's agricultural output are experiencing drought conditions. Whether you watch a video of the drought in China, Australia, Africa, South America, or the US , the scene will be the same: misery, ruined crop, and dying cattle.

Tuesday, June 23, 2009

california collapsing


Money@Markets | Washington and Wall Street seem to be treating California as if it were a sideshow in the financial circus of these turbulent times.

It’s not.

California is home to the largest manufacturing belt in the United States and to Silicon Valley, the nation’s largest high-tech center.

California is America’s most populous state with 38 million people. Its GDP of $1.8 trillion is the largest in the U.S. Its economy is bigger than those of Russia, Brazil, Canada, or India.

And it’s collapsing.

Major California counties are ground zero in the continuing mortgage meltdown:

Los Angeles County with 5.32 percent of mortgages 90 days past due … Monterrey County, 8.02 percent … Imperial, 8.13 … San Bernadino, 8.66 … Madeira, 9.21 … San Joaquin, 9.53 … Riverside, 10.2 … Merced, 10.57 … and more!

California’s inventory of foreclosed homes is skyrocketing. Home prices are plunging. And the impact of surging unemployment is just beginning to show up in the data …

Worst Unemployment in 64 Years

The state’s unemployment rate has surged to 11.5 percent, the worst since World War II.

Last month, California lost 68,900 jobs. And since July 2007, it has lost 859,000 jobs, including 739,500 just in the past 12 months.

Even if the economy recovers, an unlikely scenario in my view, economists agree that California will continue to be slammed by layoffs, at least through the end of this year and probably well into 2010.

And even assuming a national recovery, UCLA’s Anderson Forecast projects an average unemployment rate of 12.1 percent from this fall through next spring.

What about without a national recovery? California’s jobless could go beyond 15 percent.

Worse, if you include part-time workers seeking full-time work plus workers who have given up looking entirely, it could reach 25 percent, exceeding the worst national unemployment levels of the Great Depression.

“Our wallet is empty.
Our bank is closed. And
our credit is dried up.”

These are not the words of a Dr. Doom in New York or a forlorn banker in Georgia. They represent the confession of Governor Arnold Schwarzenegger before a rare joint session of the California legislature … and with no exaggeration!

Monday, June 22, 2009

the user illusion

Exerpt from : Meme, Myself, I By Susan Blackmore

Heart of the selfplex
These vast memeplexes, with their varied means of propagation, form the very stuff of our lives. Yet there is one memeplex, perhaps the most powerful of all, that we readily overlook. That is our own familiar self. Like other animals, we have a body image--a plan of our body used for organising sensations and planning skilled actions. We also have, as some other animals do, the ability to recognise other individuals and understand that they, too, have desires and plans. So far so good--but now we add the capacity to imitate, the use of language and the word "I".


At first "I" may mean just "this body", but soon it begins to change. We say "I like ice cream", "I can't stand shopping malls", "I want to be famous", or "I believe in Father Christmas". And the "I" no longer refers just to a body, but to some imagined inner self that has intentions, possessions, fears, beliefs and aspirations.

This "I" forms the heart of the selfplex. And all the memes in your selfplex thrive because you work to defend them in arguments, to promote them in discussions, perhaps even to write about them in books and articles. In this way these self-related memes succeed where others fail, and so the selfplex grows.

Once the "self" has begun to form, it meets each new idea it comes across with "Yes, I agree with this" or "No, I don't like that". Although each self is unique in the body it describes as "mine", and in the ideas it picks up along the way, those ideas are all memes and the self offers them a safe haven.

I think modern neuroscience makes it clear that the self cannot be what it appears to be. We may feel as though we have a special little "me" inside, who has sensations and consciousness, who lives my life, and makes my decisions. Yet, this does not fit with what we know about the brain. Look inside a brain and what do you see? There is no central place into which all the impressions come and from where the orders go out. Rather, there is a massive processing system dealing with numerous things at once, only very few of which ever reach consciousness.

It may feel as though "my" consciousness starts the actions this body performs, but as Libet's experiments showed, conscious awareness takes about half a second to build up, far too long for it to initiate reactions to a fast changing world. And the brain is constantly being changed by everything that happens to it, so that "I" am not the same as I was ten years, or even a few moments, ago.

There is a long and venerable tradition of thinkers who have rejected the idea of a real and persistent self. The Buddha proclaimed that actions and their consequences exist, but that the person who acts does not. According to the Buddhist doctrine of anatta, the self is more like an ever-changing construction than a solid entity. The 18th-century philosopher David Hume likened the self to a bundle of sensations tied together by a common history.

Using more contemporary metaphors, Dennett argues that the brain builds multiple drafts of what is happening as information flows through its parallel networks. One of these drafts becomes the story we tell ourselves and includes the idea of an author of the story, or a user of the brain's virtual machine--consciousness is a "benign user illusion". So rather than being a permanent, persisting entity, the self may be more like a story about a self that does not really exist.

I believe these ideas have implications for the way we live. As society becomes more complex, and memes spread faster and farther, so our selves become more complicated. The unhappiness, desperation and psychological ill-health of many modern people may reflect the fact that increasing numbers of memes are using our poor over-stretched brains to construct a false self for their own propagation. Perhaps the user illusion is not so benign after all. Some would even say that belief in a permanent self is the cause of all human suffering--of fear, jealousy, hatred and unkindness.

But is it possible to live life without the illusion? One way might be to calm your mind. Techniques such as meditation, say, can still the memes that are constantly competing for your brain space, forcing you to keep thinking. Long traditions of training in meditation show this is possible: that years of practice can bring emptiness, compassion and clarity of mind. Meditation, at its simplest, consists of just sitting quietly and clearing the mind of all thoughts, and then, when more arise, just letting them go.

Meditation is itself a meme, but is, if you like, a meme-clearing meme. Its effect is not to obliterate all awareness, but rather to create an awareness that is more spacious and open, and seems, perhaps paradoxically, to be without a self who is experiencing it.

If this memetic analysis is correct, the choices you make are not made by an inner self who has free will, but are just the consequence of the replicators playing out their competition in a particular environment. In the process they create the illusion of a self who is in control.

Dawkins ends The Selfish Gene with his famous claim that: "We, alone on earth, can rebel against the tyranny of the selfish replicators". Yet, if we take his idea of memes seriously, and push it to its logical conclusion, we find that there is no one left to rebel.

SUSAN BLACKMORE is a lecturer in psychology at the University of the West of England, Bristol.

Sunday, June 21, 2009

i am god

Reality Sandwich | While you might expect the marriage of progressive sociopolitical goals and the culture of spirituality to ground activism in ethics, it turns out that just the opposite is true. That’s because what we think of as “spirituality” today is not at all a departure from the narcissistic culture of consumption, but its truest expression. Consumer materialism and spirituality coevolved as ongoing reactions against the seemingly repressive institutions of both state and church.

The Wizard in the Emerald City can provide anything to anyone, and especially to pure- hearted Dorothy as long as she believes. It is mind cure at its best: carpe diem. And it quickly became a foundation myth for the new spirituality of self.

Despite its antiauthoritarian and self-affirming style, the mind-cure movement didn’t offer a genuine alternative to American Protestantism, or a break from its manufactured individualism. Both movements focused on the salvation of the self -- one through grace, the other through positive thinking. Throughout the twentieth century, personal freedom would become the rallying cry of one counterculture or another, only serving to reinforce the very same individualism being promoted by central authorities and their propagandists. We were either individuals in thrall of the masquerade, or individuals in defiance of it. Corporatism was the end result in either case.

Saturday, June 20, 2009

santa clara blues - corporate personhood vs democracy

III Publishing | What Corporate Personhood Is

Corporate Personhood is a legal fiction. The choice of the word "person" arises from the way the 14th Amendment to the U.S. Constitution was worded and from earlier legal usage of the word person. A corporation is an artificial entity, created by the granting of a charter by a government that grants such charters. Corporation in this essay will be confined to businesses run for profit that have been granted corporate charters by the States of the United States. The Federal Government of the United States usually does not grant corporate charters to businesses (exceptions include the Post Office and Amtrak).

Corporations are artificial entities owned by stockholders, who may be humans or other corporations. They are required by law to have officers and a board of directors (in small corporations these may all be the same people). In effect the corporation is a collective of individuals with a special legal status and privileges not given to ordinary unincorporated businesses or groups of individuals.

Obviously a corporation is itself no more a person (though it is owned and staffed by persons) than a locomotive or a mob. So why, in the USA, is a corporation considered to be a person under law?

In the United States of America all natural persons (actual human beings) are recognized as having inalienable rights. These rights are recognized, among other places, in the Bill of Rights and the 14th Amendment.

Corporate personhood is the idea (legal fiction, currently with force of law) that corporations have inalienable rights (sometimes called constitutional rights) just like real, natural, human persons.

That this idea has the force of law both resulted from the power and wealth of the class of people who owned corporations, and resulted in their even greater power and wealth. Corporate constitutional rights effectively invert the relationship between the government and the corporations. Recognized as persons, corporations lose much of their status as subjects of the government. Although artificial creations of their owners and the governments, as legal persons they have a degree of immunity to government supervision. Endowed with the court-recognized right to influence both elections and the law-making process, corporations now dominate not just the U. S. economy, but the government itself.

global systemic crisis



LEAP | As anticipated by LEAP/E2020 as early as October 2008, on the eve of summer 2009, the question of the US and UK capacity to finance their unbridled public deficits has become the central question of international debates, thus paving the way for these two countries to default on their debt by the end of this summer.

At this stage of the global systemic crisis’ process of development, contrary to the dominant political and media stance today, the LEAP/E2020 team does not foresee any economic upsurge after summer 2009 (nor in the following 12 months) (1). On the contrary, because the origins of the crisis remain unaddressed, we estimate that the summer 2009 will be marked by the converging of three very destructive « rogue waves » (2), illustrating the aggravation of the crisis and entailing major upheaval by September/October 2009. As always since this crisis started, each region of the world will be affected neither at the same moment, nor in the same way (3). However, according to our researchers, all of them will be concerned by a significant deterioration in their situation by the end of summer 2009 (4).

This evolution is likely to catch large numbers of economic and financial players on the wrong foot who decided to believe in today’s mainstream media operation of “euphorisation”.

Friday, June 19, 2009

synchronized brain waves focus attention


Wired | Separate brain regions firing in unison may be what keeps us focused on important things while we ignore distractions.

A deluge of visual information hits our eyes every second, yet we’re able to focus on the minuscule fraction that’s relevant to our goals. When we try to find our way through an unfamiliar area of town, for example, we manage to ignore the foliage, litter and strolling pedestrians, and focus our attention on the street signs.

Now, researchers at the Massachusetts Institute of Technology have discovered that the brain’s control center syncs up to its visual center with high-frequency brain waves, directing attention to select features of the visual world.

“It’s been known that the prefrontal cortex plays an important role in focusing our attention, but the mystery was how,” said neuroscientist Robert Desimone, who led the study, published in Science Friday. “Now we have some insight into how it has that focusing role — through this synchrony with our sensory systems.”

This novel understanding of attention may inform future studies on disorders like schizophrenia and ADHD, in which patients are easily distracted and the prefrontal cortex is thought to be impaired. The region’s newly discovered role as a source of synchronized brain activity may be crucial to understanding these diseases.

Fist tap and double dap to Dale. This is the equivalent of telling you that doing situps will increase the strength of your abdominal muscles and it delineates a big part of the quintessential Gurdjieff - who re-minded you always and everywhere - to remember your self.

revisiting "realms of the human unconscious"

RealitySandwich | In the early stage of my psychedelic research, I suggested that the potential significance of LSD and other psychedelics for psychiatry and psychology was comparable to the value the microscope has for biology and medicine or the telescope has for astronomy. My later experience with psychedelics only confirmed this initial impression. These substances seem to function as relatively unspecific amplifiers that increase the cathexis (energetic charge) associated with the deep unconscious contents of the psyche and make them available for conscious processing. This unique property of psychedelics makes it possible to study psychological undercurrents that govern our experiences and behaviors to a depth that cannot be matched by any other method or tool available in mainstream psychiatry and psychology. In addition, it offers unique opportunities for healing of emotional and psychosomatic disorders, for positive personality transformation, and for consciousness evolution.

Naturally, the tools of this power carry with them greater risks than more conservative and far less effective tools currently accepted and used by mainstream psychiatry, such as verbal psychotherapy, anti-depressants, or tranquillizing medication. Clinical research has shown that these greater risks can be minimized by responsible use and careful control of the set and setting. The safety of psychedelic therapy, when conducted in a clinical setting, was demonstrated by Sidney Cohen's study based on information drawn from more than 25,000 psychedelic sessions run by therapists in different parts of the world. According to Cohen, LSD therapy appeared to be much safer than many other procedures that had been at one time or another routinely used in psychiatric treatment, such as electroshock therapy, insulin coma therapy, and psychosurgery (Cohen 1960).

However, legislators responding to unsupervised mass use of psychedelics did not get their information from scientific publications, but from the stories of sensation-hunting journalists. The legal and administrative sanctions against psychedelics did not deter lay experimentation, but they all but terminated legitimate scientific research of these substances. For those of us who had the privilege to explore and experience the extraordinary potential of psychedelics, this was a tragic loss for psychiatry, psychology, and psychotherapy. We felt that these unfortunate developments wasted what was probably the single most important opportunity in the history of these disciplines. Had it been possible to avoid the unnecessary mass hysteria and continue responsible research of psychedelics, they could have undoubtedly radically transformed the theory and practice of psychiatry. This new knowledge could have become an integral part of a comprehensive new scientific paradigm of the twenty-first century.

Now, thirty-five years after I stopped conducting official research with psychedelics, I can make an attempt to evaluate what has been called the "golden era of psychopharmacology" -- to review the past history of psychedelic research and try to glimpse into its future. After having personally conducted over the last fifty years more than four thousand psychedelic sessions, I have developed great awe and respect for these compounds and their enormous potential, both positive and negative. They are powerful tools and, like any tool, they can be used skillfully, ineptly, or destructively. The result will be critically dependent on the set and setting.

summing up iran

Guardian | Mousavi's campaign was critical of the level of support given to Hezbollah and Hamas, while Ahmadinejad's supporters argue that only toughness can win western acceptance of Iran's status as a new regional power.

Iran is of course at the centre of an arc of crisis across the greater Middle East, from Palestine to Pakistan: the legacy of the Bush administration's catastrophic failure in Iraq and the wider war on terror. And as the US attempts to reconstitute its hegemony in the region on a new basis – for which Obama's speech to the Muslim world in Cairo was supposed to set the tone – there's reason to believe that the birth pangs of the new order may yet turn out to be as painful as the death throes of the old.

Last Friday, even before the polls had closed in Iran, the US president ­commented that people were ­"looking at new possibilities" in Iran, just as they had in Lebanon's elections the previous weekend. In fact, the unexpected defeat of Hezbollah's opposition coalition (which nevertheless won the largest number of votes) seems to have had more to do with local Lebanese sectarian issues and large-scale vote buying than the Obama effect. But the implications of his remarks were not lost in Iran, where the US is still spending hundreds of millions of dollars in covert destabilisation programmes.

Obama's public engagement over the Israel-Palestine conflict has so far elicited a commitment by Israel's Benjamin Netanyahu to the paper ­principle of a Palestinian state – backed by both his predecessors and George Bush and hedged around with so many restrictions it would barely merit Ruritanian status – but no climbdown over illegal settlement expansion. The chances of a negotiated deal in such conditions seem minimal, particularly in the absence of Hamas, and the prospects that a US plan for a settlement might then fail and plunge the region back into conflict relatively high.

Meanwhile, ­resistance and wider violence have been growing again in Iraq, as US occupation troops pull back from the cities. And in Afghanistan, far from ­winding down the occupation, Obama is ­escalating the conflict as promised, with another 21,000 US troops being sent this ­summer to fight the ­unwinnable war, as attacks on Nato forces have reached an all-time peak. At the same time, the spread of the Afghan war into ­neighbouring Pakistan has left thousands of civilians dead, created more than two million refugees and led to a civilian carnage from US drone attacks across the northwest of the country.

In case anyone imagined such wars of western occupation would become a thing of the past in the wake of the ­discredited Bush administration, ­General Dannatt, head of the ­British army, recently set out to disabuse them. Echoing US defence secretary Robert Gates, he insisted: "Iraq and ­Afghanistan are not aberrations – they are signposts for the future".

In such a context, the neutralisation of Iran as an independent regional power would be a huge prize for the US – defanging recalcitrants from Baghdad to Beirut – and a route out of the strategic impasse created by the invasion of Iraq. But so far, the signs from Tehran are still that that's unlikely to be achieved by a colour-coded revolution.

too stupid to survive

JamesKunstler | Coming home from the annual meet-up of the New Urbanists, I was already agitated from the shenanigans of United Airlines -- two-hour delay, blown connection -- when I waded into this week's New York Times Sunday Magazine for further evidence that our ruling elites are too stupid to survive (and perhaps the US with them). Exhibit A was the magazine's lead article about California's proposed high-speed rail project by Jon Gertner.

The article began with a description of California's current rail service between the Bay Area and Los Angeles. A commission of nine-year-olds in a place like Germany could run a better system, of course. It's never on schedule. The equipment breaks down incessantly. A substantial leg of the trip requires a transfer to a bus (along with everybody's luggage) with no working toilet. You get the picture: Kazakhstan without the basic competence.

The proposed solution to this is the most expensive public works program in the history of the world, at a time when both the state of California and the US federal government are effectively bankrupt. By the way, I wouldn't argue that California shouldn't have high-speed rail. It might have been nice if, say, in the late 20th century, some far-seeing governor had noticed what was going on in France, Germany, and Spain but, alas.... It would have been nice, too, if the doltish George W. Bush, when addressing extreme airport congestion in 2003, had considered serious upgrades in normal train service between the many US cities 500 miles or so apart. The idea never entered his walnut brain.

The sad truth is it's too late now. But the additional sad truth, at this point, is that Californians (and US public in general) would benefit tremendously from normal rail service on a par with the standards of 1927, when speeds of 100 miles-per-hour were common and the trains ran absolutely on time (and frequently, too) without computers (imagine that !). The tracks are still there, waiting to be fixed. In our current condition of psychotic techno-grandiosity, this is all too hopelessly quaint, not cutting edge enough, pathetically un-"hot." The fact that it is not even considered by the editors of The New York Times, not to mention the governor of California, the President of the United States, and all the agency heads and departmental chiefs and think tank gurus and university engineering professors, is something that will have historians of the future rolling their eyes. But for the moment all it shows is that we are collectively too stupid to survive as an advanced society.

$134.5 billion bearer bond mystery continued...,

Seeking Alpha | Thus far, about the only piece of information that appears to be reliable as reported by various news sources regarding this huge mystery is the remarkable authenticity of the 249 seized bearer bonds in denominations of USD $500 million. If any of the other facts, as they are being reported, are remotely accurate, then the bearer bonds were likely counterfeit. Still, the interesting part of this story, at least to me, is that the smugglers seemed intent on being caught with the counterfeit bonds. This leads me back to my previous question. What possible reason would the smugglers have for wanting to be caught? One of the quickest ways to sabotage and usher in the death of a currency is to raise legitimate questions about its ability to withstand counterfeiting efforts. Prove that counterfeiting is not only possible but highly likely, and the world’s confidence in the sabotaged currency will undoubtedly plummet.

In fact, this very tactic was applied during World War II when the Nazis launched Operation Bernhard in an attempt to crash the British economy by producing, by 1945, 132 million expertly counterfeited British pounds, a figure that represented roughly 15% of all real British pounds in circulation at the time. The counterfeit pounds were produced by expert printers and engravers supervised by an SS officer named Bernhard Krueger. As well, historical evidence exists that the Allies considered launching a counter-counterfeit plan against the Nazis as well. During this time, it was also alleged that the Bank of Italy counterfeited their own money by issuing the same securities twice with identical registered numbers and codes in order. The purpose of this counterfeiting was to secretly expand monetary supply without public transparency or accountability. Perhaps then, this $134.5.billion bearer bond mystery was an attempt of a nation state to shake the world’s confidence in the position of the US dollar as the world’s reserve currency.

There should be little debate that the world’s emerging economies in Russia, Brazil, China and certain Gulf Nations are at economic war today with the world’s Western nations and their economic allies. The currency war being fought today is sure to get much uglier in the foreseeable future, in both open tactics as well as secretly executed tactics. Currently, if the currency war were the world series of poker, the US and the UK would be holding a pair of 2s and relying on nothing but bluffs to keep the rest of the world at bay. Conversely, the Chinese and other emerging nations with large surpluses would be holding straight or royal flushes, and likely quietly maneuvering to go “all in” at some point.

Given that the discovery of $134.5 billion of bearer bonds in the suitcases of two Japanese nationals in Chiasso, Italy on the border of Switzerland qualifies as one of the largest smuggling operations in history, and given the various implications of such an act and the possible players involved, the silence regarding this huge story is simply stunning. It is not a huge story, per se, because of the counterfeiting operation, because accusations and revelations of massive money counterfeiting operations have occured in the past. It is a huge story, rather, due to all the inconsistencies of the story and the potential explanations that could explain these inconsistencies. The larger story at hand is, who are the players (nations) involved, and what was the intention of this likely counterfeiting operation? Maybe the future will reveal the answers to these questions. But maybe no

Thursday, June 18, 2009

when "keeping it real" goes wrong...,

NPR | Two of the three people charged with killing a Hispanic man and his daughter in Arizona had ties to a group that strongly opposes illegal immigration.

Pima County Sheriff Clarence Dupnik says the motive behind the killings was robbery — and he believes the money was to fund the suspects' anti-immigration activity.

Raul Flores, 29, and his 9-year-old daughter were shot in the head May 30 after a group of people dressed in camouflage entered their home in the small southern Arizona town of Arivaca. The girl was apparently shot because she was a witness. Her mother, whose name is not being released, was shot in the leg.

The woman was on the phone with a 911 operator when the attackers returned. She had a pistol and fired at the attackers. She wounded one man, but the group got away. Then late last week, Dupnik announced the three arrests and discussed the motive.

"The husband who was murdered has a history of being involved in narcotics and there was an anticipation that there would be a considerable amount of cash at this location, as well as the possibility of drugs," Dupnik said.

One of the three suspects lived in the area. But the other two, Shawna Forde and Jason Bush, are leaders of an anti-illegal-immigrant group in Washington state called Minutemen American Defense. Its Web site says it secures the U.S. border from human and drug trafficking.

Three years ago, Forde appeared on a local PBS TV program in Yakima, Wash. "I know the Minutemen and many other organizations will not stop," Forde said. "We will start at a local level and work our way up. We will not stop until we get the results that we need to have."

The two largest Minuteman organizations — the Minuteman Civil Defense Corps and the Minuteman Project — said Forde and Bush are not associated with them.

$134 billion in a suitcase...,

Bloomberg | Two Japanese men are detained in Italy after allegedly attempting to take $134 billion worth of U.S. bonds over the border into Switzerland. Details are maddeningly sketchy, so naturally the global rumor mill is kicking into high gear.

Are these would-be smugglers agents of Kim Jong Il stashing North Korea’s cash in a Swiss vault? Bagmen for Nigerian Internet scammers? Was the money meant for terrorists looking to buy nuclear warheads? Is Japan dumping its dollars secretly? Are the bonds real or counterfeit?

The implications of the securities being legitimate would be bigger than investors may realize. At a minimum, it would suggest that the U.S. risks losing control over its monetary supply on a massive scale.

Think about it: These two guys were carrying the gross domestic product of New Zealand or enough for three Beijing Olympics. If economies were for sale, the men could buy Slovakia and Croatia and have plenty left over for Mongolia or Cambodia. Yes, they could have built vacation homes amidst Genghis Khan’s Gobi Desert or the famed Temples of Angkor. Bernard Madoff who?

These men carrying bonds concealed in the bottom of their luggage also would be the fourth-largest U.S. creditors. It makes you wonder if some of the time Treasury Secretary Timothy Geithner spends keeping the Chinese and Japanese invested in dollars should be devoted to well-financed men crossing the Italian-Swiss border.

This tale has gotten little attention in markets, perhaps because of the absurdity of our times. The last year has been a decidedly disorienting one for capitalists who once knew up from down, red from black and risk from reward. It almost fits with the surreal nature of today that a couple of travelers have more U.S. debt than Brazil in a suitcase and, well, that’s life.

ready yet?

cellular cloud computing

Science Daily | Gene regulatory networks in cell nuclei are similar to cloud computing networks, such as Google or Yahoo!, researchers report today in the online journal Molecular Systems Biology. The similarity is that each system keeps working despite the failure of individual components, whether they are master genes or computer processors.

This finding by an international team led by Carnegie Mellon University computational biologist Ziv Bar-Joseph helps explain not only the robustness of cells, but also some seemingly incongruent experimental results that have puzzled biologists.

"Similarities in the sequences of certain master genes allow them to back up each other to a degree we hadn't appreciated," said Bar-Joseph, an assistant professor of computer science and machine learning and a member of Carnegie Mellon's Ray and Stephanie Lane Center for Computational Biology.

Between 5 and 10 percent of the genes in all living species are master genes that produce proteins called transcription factors that turn all other genes on or off. Many diseases are associated with mutations in one or several of these transcription factors. However, as the new study shows, if one of these genes is lost, other "parallel" master genes with similar sequences, called paralogs, often can replace it by turning on the same set of genes.

That would explain the curious results of some experiments in organisms ranging from yeast to humans, in which researchers have recently identified the genes controlled by several master genes. Researchers have been surprised to find that when they remove one master gene at a time, almost none of the genes controlled by that master gene are de-activated.

Wednesday, June 17, 2009

too poor to make the news...,


NYTimes | Overcrowding — rural, suburban and urban — renders the mounting numbers of the poor invisible, especially when the perpetrators have no telltale cars to park on the street. But if this is sometimes a crime against zoning laws, it’s not exactly a victimless one. At best, it leads to interrupted sleep and long waits for the bathroom; at worst, to explosions of violence. Catholic Charities is reporting a spike in domestic violence in many parts of the country, which Candy Hill attributes to the combination of unemployment and overcrowding.

And doubling up is seldom a stable solution. According to Toni Muhammad, about 70 percent of the people seeking emergency shelter in St. Louis report they had been living with relatives “but the place was too small.” When I asked Peg what it was like to share her trailer with her daughter’s family, she said bleakly, “I just stay in my bedroom.”

The deprivations of the formerly affluent Nouveau Poor are real enough, but the situation of the already poor suggests that they do not necessarily presage a greener, more harmonious future with a flatter distribution of wealth. There are no data yet on the effects of the recession on measures of inequality, but historically the effect of downturns is to increase, not decrease, class polarization.

The recession of the ’80s transformed the working class into the working poor, as manufacturing jobs fled to the third world, forcing American workers into the low-paying service and retail sector. The current recession is knocking the working poor down another notch — from low-wage employment and inadequate housing toward erratic employment and no housing at all. Comfortable people have long imagined that American poverty is far more luxurious than the third world variety, but the difference is rapidly narrowing.

Maybe “the economy,” as depicted on CNBC, will revive again, restoring the kinds of jobs that sustained the working poor, however inadequately, before the recession. Chances are, though, that they still won’t pay enough to live on, at least not at any level of safety and dignity. In fact, hourly wage growth, which had been running at about 4 percent a year, has undergone what the Economic Policy Institute calls a “dramatic collapse” in the last six months alone. In good times and grim ones, the misery at the bottom just keeps piling up, like a bad debt that will eventually come due.

The Show Must Go On....,

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