Wednesday, July 15, 2015

many of today's leaders aren't - so what are they?


medium |  So what gives? What happened to this generation of leaders?

There is something very different about many of today’s so-called leaders. And it is not merely that we, or they, are the helpless victims of “late capitalism”, or any other number of modish buzzwords, for, like every kind of buzzword, that sophomoric grad-school 101 level non-explanation does not illuminate much at all, except perhaps our own outmoded beliefs.

It is that they are demagogues. Let’s review what “demagogue” actually means. Here’s a decent definition:

“a person, especially an orator or political leader, who gains power and popularity by arousing the emotions, passions, and prejudices of the people.”
Let me explain why that’s important, using the example of the 80s. A generation of conservative politicians then — Thatcher, Reagan — and the like — ripped up and rewrote social contracts wholesale.

So what is the difference between them — and the Merkels and Schauebles, Osbornes and Camerons, Jindals and Jebs, of today? A very great one indeed. There was great intellectual and perhaps moral support for the decisions the leaders of yesterday — in the age of modernity — took. Here’s a simple example. We may disagree now over trickle-down economics, since prosperity hasn’t trickled down. But at the time there was at least a reasoned position in support of it, built on a consensus amongst thinkers. You may think of the Laffer Curve as a simple illustration: it may have been proven largely wrong now, but at least there was an effort to produce a reason to slash public services then.

The neo-demagogues of meta-modernity are very different. There is no serious intellectual, moral, or ethical support for their decisions at all. There’s not a serious economist left in the world who agrees with their economic policies; political scientist with their social policies; etcetera. As a simple moral measure of how far today’s not-quite-leaders have slunk, consider: even the Pope—in his much celebrated Laudato Si — has challenged them to rise to today’s great challenges.

Demaogues are irrational, insensible, not beyond reason — but scurrying in the abyss deep below it. They are simply, as the definition simply says, “arousing the passions and prejudices of people”. Let’s take immigration as a simple example. David Cameron’s government has literally banned immigration in the UK. But decades of the logic — not to mention evidence — confirm that immigration only benefits advanced economies. So demagogues do not act rationally or sensibly, reasonably or sanely — whether in terms of economics, morality, politics, or anything else that might justifiably be called a system of thought. Why not? They prey on our emotions; they exploit our biases and prejudices; like magicians, they devour our fears and dangle before us our wishes. They are sorcerers of our animal beings. Pumping the bellows of unreason, they stoke the dark fires that burn deep in the human soul.

It’s true: empiricism alone can never guide us in the human world — but still, we must struggle not merely to be prisoners of our biases and prejudices. And that is precisely what demagogues reduce us to. Unthinking servants of our own worst selves. The selves that, instead of thinking, dreaming, wondering, rebelling, defying, creating, loving — are filled with spite, greed, jealousy, fear, and, at last, hate, of the self and the other, of god and man, of life and death alike.

Tuesday, July 14, 2015

greece, lift up your nutsack and cough...,


stratfor |  Several nations supported the German position from the beginning — particularly the Eastern European nations that, in addition to opposing Greece soaking up European money, do not trust Greece's relationship with Russia. Germany had allies. But it also had major powers as opponents, and these were brushed aside.  

These powerful opponents were brushed aside particularly on two issues. One was any temporary infusion of cash into Greek banks. The other was the German demand, in a more extreme way than ever before, that the Greeks cede fundamental sovereignty over their national economy and, in effect, over Greece itself. Germany demanded that Greece place itself under the supervision of a foreign EU monitoring force that, as Germany demonstrated in these negotiations, ultimately would be under German control.

The Germans did not want to do this, but what a nation wants to do and what it will do are two different things. What Germany wanted was Greek submission to greater austerity in return for support for its banking system. It was not the government's position that troubled Germany the most, but the Greek referendum. If Germany forced the Greek government to capitulate, it was a conventional international negotiation.  If it forced the government to capitulate in the face of the electoral mandate of the Greek public, it was in many ways an attack on national sovereignty, forcing a settlement not in opposition to the government but a direct confrontation with the electorate. The Germans could not accommodate the vote. They had to respond by demanding concessions on Greek sovereignty.

This is not over, of course. It is now up to the Greek government to implement its agreements, and it does so in the face of the Greek referendum. The situation in Greece is desperate because of the condition of the banking system. It was the pressure point that the Germans used to force Greek capitulation. But Greece is now facing not only austerity, but also foreign governance. The Germans' position is they do not trust the Greeks. They do not mean the government now, but the Greek electorate. Therefore, they want monitoring and controls. This is reasonable from the German point of view, but it will be explosive to the Greeks.

The Potential for Continental Unease
In World War II, the Germans occupied Greece. As in much of the rest of Europe, the memory of that occupation is now in the country's DNA. This will be seen as the return of German occupation, and opponents of the deal will certainly use that argument. The manner in which the deal was made and extended by the Germans to provide outside control will resurrect historical memories of German occupation. It has already started. The aggressive inflexibility of the Germans can be understood as an attitude motivated by German fears, but then Germany has always been a frightened country responding with bravado and self-confidence.

The point of the matter is not going away, and not only because the Greek response is unpredictable; poverty versus sovereignty is a heady issue, especially when the Greeks will both remain poor and lose some sovereignty. The Germans made an example of Cyprus and now Greece. The leading power of Europe will not underwrite defaulting debtors. It will demand political submission for what help is given. This is not a message that will be lost in Europe, whatever the anti-Greek feeling is now.

the fall of puerto rico - prepare yourself accordingly...,


NYTimes |   If a meeting on Monday between Puerto Rico and its creditors is any indication, restructuring the island’s $72 billion in debt could be a long process.

At that meeting, the commonwealth’s finance team said it had not yet determined how it would seek to revamp the island’s obligations.

The roughly 350 creditors, such as hedge funds and money managers, that had packed into a Park Avenue auditorium on Monday afternoon were told they would have to wait several more weeks until a working group made up of Puerto Rico political leaders came up with formal recommendations for ending the island’s fiscal crisis.

“I ask for your patience while we develop a credible plan that meets all of our stakeholders’ objectives,” Melba Acosta Febo, the president of the Government Development Bank for Puerto Rico, told the creditors gathered at Citigroup’s executive headquarters.

The meeting, which lasted more than an hour, was the first time that creditors heard directly from Puerto Rico officials since Gov. Alejandro GarcĂ­a Padilla declared two weeks ago that the island’s debt was not payable.

The government spent most of its presentation on Monday reiterating the bleak condition of the island’s economy and calling for drastic measures like cutting sick leave for local workers and lowering the minimum wage to jump-start hiring. It has more municipal bond debt per capita than any American state.

Monday, July 13, 2015

pan-troglodytic deuterostems are not the endpoint of terrestrial evolution...,


theatlantic |  “Most educated people are aware that we are the outcome of nearly 4 billion years of Darwinian selection, but many tend to think that humans are somehow the culmination. Our sun, however, is less than halfway through its lifespan. It will not be humans who watch the sun’s demise, 6 billion years from now. Any creatures that then exist will be as different from us as we are from bacteria or amoebae.”

Among the several questions that jostled for the uppermost in my mind was this: Where is the fiction that can rise to the level of this stupefying reality? (Only one novelist, Julian Barnes, was sufficiently struck to include Rees’s passage in a book, but that was in his extended nonfiction memoir about death, Nothing to Be Frightened Of.) I quite soon came to realize that there was indeed a writer who could have heard or read those words with equanimity, even satisfaction, and that this was J. G. Ballard. For him, the possibility of any mutation or metamorphosis was to be taken for granted, if not indeed welcomed, as was the contingency that, dead sun or no dead sun, the terrestrial globe could very readily be imagined after we’re gone.

As one who has always disliked and distrusted so-called science fiction (the votaries of this cult disagreeing pointlessly about whether to refer to it as “SF” or “sci-fi”), I was prepared to be unimpressed even after Kingsley Amis praised Ballard as “the most imaginative of H. G. Wells’s successors.” The natural universe is far too complex and frightening and impressive on its own to require the puerile add-ons of space aliens and super-weapons: the interplanetary genre made even C. S. Lewis write more falsely than he normally did. Hearing me drone on in this vein about 30 years ago, Amis fils (who contributes a highly lucid introduction to this collection) wordlessly handed me The Drowned World, The Day of Forever, and, for a shift in pace and rhythm, Crash. Any one of these would have done the trick.

For all that, Ballard is arguably best-known to a wide audience because of his relatively “straight” novel, Empire of the Sun, and the resulting movie by Steven Spielberg. Some of his devotees were depressed by the literalness of the subject matter, which is a quasi-autobiographical account of being 13 years old and an inmate in a Japanese internment camp in Shanghai. It’s not possible to read that book, however, and fail to see the germinal effect that experience had on Ballard the man. To see a once-thriving city reduced to beggary and emptiness, to live one day at a time in point of food and medicine, to see an old European order brutally and efficiently overturned, to notice the utterly casual way in which human life can be snuffed out, and to see war machines wheeling and diving in the overcast sky: such an education! Don’t forget, either, that young Ballard was ecstatic at the news of the atomic obliteration of Hiroshima and Nagasaki, an emotion that makes him practically unique among postwar literati. Included in this collection is a very strong 1977 story, “The Dead Time,” a sort of curtain-raiser to Empire—Ballard’s own preferred name for his book—in which a young man released from Japanese captivity drives a truckload of cadavers across a stricken landscape and ends up feeding a scrap of his own torn flesh to a ravenous child.

Miracles of Life (a book with a slightly but not entirely misleading title) will soon enough discern that he built on his wartime Shanghai traumas in three related ways. As a teenager in post-war England he came across first Freud, and second the surrealists. He describes the two encounters as devastating in that they taught him what he already knew: religion is abject nonsense, human beings positively enjoy inflicting cruelty, and our species is prone to, and can coexist with, the most grotesque absurdities.

Sunday, July 12, 2015

the poor will not rise up...,


NYTimes |  Insofar as individualization has taken hold in the United States, the prospects for collective action on behalf of the poor are dim, at best.

Collective action on behalf of the poor requires a shared belief in the obligation of the state to secure the well-being of the citizenry. That belief has been undermined by what Beck calls the “insourcing” of risk, transferring obligations from the state to the individual. This reallocation of responsibility has been studied from various angles.

In his book “The Great Risk Shift,” Jacob Hacker, a political scientist at Yale, joins the argument by documenting the economic pressures on individuals resulting from the widespread erosion of social insurance. “For decades, Americans and their government upheld a powerful set of ideals that combined a commitment to economic security with a faith in economic opportunity,” Hacker writes. “Today that message is starkly different: You are on your own.”

Collective social action, in turn, has been supplanted by a different kind of revolt. David A. Snow , professor of sociology at the University of California, Irvine, noted that the top priorities of the specific movements associated with individualization – “the feminist movement, lesbian-gay-bisexual-transgender movements, the black power movement, the disability rights movement, and, most recently, the fat-acceptance movement” – do not lend themselves to broad economic demands on behalf of the less well off.

Instead, Snow wrote in a chapter of the 2013 book “The Future of Social Movement Research,”
concern with distributional inequities and injustices tends to take a back seat to procedural issues and injustices bearing on rights and associated matters of inclusion and exclusion and to group reputational issues.
The most recent example of the populace’s rising up to substantially change the course of legislation was not in support of raising the minimum wage or of making the tax system more progressive. It was the enormous and successful outcry – three million emails to Congress, a petition with 4.5 million signatures, 2.4 million tweets and 10 million calls to members of Congress — over the attempted enactment of the Stop Online Piracy Act (SOPA) in 2012. Supporters of the net neutrality movement saw free or low-cost access to music and video resources on the Internet threatened by the measure. Their complaints, backed by tech firms whose profits depend on open access to the Internet — Google, Facebook, eBay, Twitter etc. – defeated the bill backed by their commercial adversaries, the music, motion picture and cable industries.

Compare the SOPA protest to the sole organized attempt to challenge the flow of wealth to the top 1 percent and the profits funneled to the finance industry: Occupy Wall Street, which collapsed in less than a year, despite intensive, generally favorable media coverage.

if the man has nothing profitable for you to do, you believe he'll make up some reason for you to be?


WaPo |  With the unemployment rate falling to 5.3 percent, the lowest in seven years, policy makers are heaving a sigh of relief. Indeed, with the technology boom in progress, there is a lot to be optimistic about. Manufacturing will be returning to U.S. shores with robots doing the job of Chinese workers; American carmakers will be mass-producing self-driving electric vehicles; technology companies will develop medical devices that greatly improve health and longevity; we will have unlimited clean energy and 3D-print our daily needs. The cost of all of these things will plummet and make it possible to provide for the basic needs of every human being.

I am talking about technology advances that are happening now, which will bear fruit in the 2020s.
But policy makers will have a big new problem to deal with: the disappearance of human jobs. Not only will there be fewer jobs for people doing manual work, the jobs of knowledge workers will also be replaced by computers. Almost every industry and profession will be impacted and this will create a new set of social problems — because most people can’t adapt to such dramatic change.

If we can develop the economic structures necessary to distribute the prosperity we are creating, most people will no longer have to work to sustain themselves. They will be free to pursue other creative endeavors. The problem, however, is that without jobs, they will not have the dignity, social engagement, and sense of fulfillment that comes from work. The life, liberty and pursuit of happiness that the constitution entitles us to won’t be through labor, it will have to be through other means.

It is imperative that we understand the changes that are happening and find ways to cushion the impacts.

The technology elite who are leading this revolution will reassure you that there is nothing to worry about because we will create new jobs just as we did in previous centuries when the economy transitioned from agrarian to industrial to knowledge-based. Tech mogul Marc Andreessen has called the notion of a jobless future a “Luddite fallacy,” referring to past fears that machines would take human jobs away. Those fears turned out to be unfounded because we created newer and better jobs and were much better off.

Saturday, July 11, 2015

the transhuman jump will not be wearable or reversible...,


MIT |  Sturdy, wearable skins that transform hostile environments into friendlier ones are among the projects developed by Media Lab’s Mediated Matter group, headed by Associate Professor Neri Oxman PhD ’10.

Oxman, who earned her PhD in design computation, leads her Mediated Matter group through explorations of “Nature-inspired Design and Design-inspired Nature” using the tools of computational design, digital fabrication, materials science, and synthetic biology. Many projects rely on advanced 3D printing technologies.

Four artifacts that represent this intersection of 3D printing and synthetic biology were unveiled in Germany last fall in an exhibit of Wanderers: An Astrobiological Exploration, a collaboration with German designers Christoph Bader and Dominik Kolb.

The wearables, printed with Stratasys multi-material 3D printing technology, are designed to create the necessities of human life in space environments. Capillaries are expected to hold synthetically engineered microorganisms that could produce oxygen, light, food, and biofuels. Mediated Matter members led by Will Patrick and Sunanda Sharma are working on embedding living matter in the form of engineered bacteria inside the 3D structures.

“The future of wearables lies in designing augmented extensions to our own bodies, that will blur the boundary between the environment and ourselves,”

transhumans about the bidnis of enginnering biomes, as well...,

MIT |  No matter where you are, you are surrounded by your microbiome—the complex biological system of more than 100 trillion microorganisms on the human body, in airwaves, and in every environment.

“You may not know it, but you’re walking around with two pounds of microbes on you,” says Bernat Olle SM ’05, MBA ’07, PhD ’07. “But only recently have scientists discovered how important and how useful they can be.”

Research in the field of the microbiome is still in its early stages, but it has already shown that microbes play important roles in metabolism, digestion, and even mood. And Olle is one of a growing group of engineers focusing on this area.

“Modern habits have been to clean up and sterilize everything—make it clean as possible,” he says. “But we’re starting to find out this might not be a good idea—and we’re abusing anti-microbial chemicals. These microbial exposures can help develop key human functions.”

Olle is co-founder and COO of Vedanta Biosciences, a Boston-based startup that researches interactions between the human microbiome and the immune system. He spoke to Slice of MIT at the 2015 South by Southwest (SXSW) Interactive, where he was part of a three-person panel that discussed the benefits of microbes and the impact they could have on medicine in the future.

synthetic genomics and genome engineering rewriting the blueprint of life


genomebiology |  Biology is now undergoing a rapid transition from the age of deciphering DNA sequence information of the genomes of biological species to the age of synthetic genomes. Scientists hope to gain a thorough mastery of and deeper insights into biological systems by rewriting the genome, the blueprint of life. This transition demands a whole new level of biological understanding, which we currently lack. This knowledge, however, could be obtained through synthetic genomics and genome engineering, albeit on a trial and error basis, by redesigning and building naturally occurring bacterial and eukaryotic genomes whose sequences are known. 

Synthetic genomics arguably began with the report from Khorana’s laboratory in 1970 of the total synthesis of the first gene, encoding an artificial yeast alanine tRNA, from deoxyribonucleotides. Since then, rapid advances in DNA synthesis techniques, especially over the past decade, have made it possible to engineer biochemical pathways, assemble bacterial genomes and even to construct a synthetic organism [1]–[11]. Genome editing approaches for genome-wide scale alteration that are not based on total synthesis of the genome are also being pursued and have proved powerful; for example, in the production of a reduced-size genome version of Escherichia coli[4] and engineering of bacterial genomes to include many different changes simultaneously [8]. 

Progress has also been made in synthetic genomics for eukaryotes. Our group has embarked on the design and total synthesis of a novel eukaryotic genome structure - using the well-known model eukaryote Saccharomyces cerevisiae as the basis for a designer genome, known as ‘Sc2.0’. The availability of a fully synthetic genome will allow direct testing of evolutionary questions that are not otherwise approachable. Sc2.0 could also play an important practical role, since yeasts are the pre-eminent organisms for industrial fermentations, with a wide variety of practical uses, including production of therapeutic proteins, vaccines and small molecules through classical and well-developed industrial fermentation technologies. 

This article reviews the current status of synthetic genomics, starting with a historical perspective that highlights the key milestones in the field (Fig. 1) and then continuing with a particular emphasis on the total synthesis of the first functional designer eukaryotic (yeast) chromosome, synIII, and the Sc2.0 Project. Genome engineering using nuclease-based genome editing tools such as zinc finger nucleases, transcription activator-like effector nucleases and RNA-guided CRISPR-Cas9 is not within the scope of this minireview (Box 1). Recent advances in gene synthesis and assembly methods that have accelerated the genome synthesis efforts are discussed elsewhere [12].

the open conspiracy


physorg |  With memories of World War I still very much on his mind, in 1935 HG Wells wrote The Open Conspiracy, which advanced a new approach to the perennial problems of human aggression, national conflict and political inertia.

This , as envisaged by Wells, would be a revolutionary movement that reflected the new spirit of the times. "Never before" he stated in the opening paragraph, "have the conditions of life changed so swiftly and enormously as they have changed for mankind in the last fifty years."

Reading Wells today one might be forgiven for experiencing a sense of déjà vu. The changes he identified were, as are those we face today, largely the result of technological and scientific advances. The telegraph and increased communication had shrunk the world, just as the internet and digitisation has done so for us today. Yet while science forged ahead, politics and morality lagged behind. The Open Conspiracy filled the ideas vacuum left by the failures of parliamentary democracy and socialism.

Conspiracy in the open
Wells suggested that, unlike conspiracies of old, this would be a visible conspiracy grown from below rather than led from above by an elite. His conspirators were "the most sane and energetic people" – anti-militarist in orientation, actively subversive of government and traditional institutions that perpetuated the folly of tradition. They would be drawn from different disciplines: banking, finance, and the sciences – and dedicated to spreading scientific knowledge worldwide.

Wells described his conspirators as awakening from an illusion, made possible by the almost instant exchange of information and a new method of organisation that would map the activities of the whole community. At the centre of the Open Conspiracy was "the brain of the modern community, a great encyclopedic organisation, kept constantly up-to-date and giving approximate estimates and directions for all the material activities of mankind" – which rather sounds like a view of "big data" as seen from the 1930s

Friday, July 10, 2015

as much a relic as the landscape of racism...,


vice |  Sprinkled throughout the back roads of America are the remains of Armageddon. Or what could have been Armageddon had the Cold War between the United States and the Soviet Union suddenly gone hot.

The ghosts of America's atomic arsenal, from development to deployment, are accessible if you know where to look: in Arizona and South Dakota, decommissioned nuclear missiles still aim skyward; in Nevada and New Mexico, the remains of nuclear testing still scar the desert; and in Tennessee and Washington state, the facilities that developed uranium and plutonium for America's nuclear bombs gather dust.

In the coming months, the National Park Service and the Department of Energy will establish the Manhattan Project National Historical Park — preserving once-secret sites at Los Alamos, Oak Ridge, and Hanford, where scientists raced to develop the world's first atomic bomb. Public tours at these sites are already ferociously popular, selling out within days. The Park Service aims to better facilitate access to these sites to meet increasing public interest.

Yet elsewhere in the US, the ruins of the Manhattan Project and the arms race that followed remain overlooked. In North Dakota, a pyramid-like anti-missile radar that was built to detect an incoming nuclear attack from the Soviet Union pokes through the prairie grass behind an open fence. In Arizona, a satellite calibration target that was used during the Cold War to help American satellites focus their lenses before spying on the Soviet Union sits covered in weeds near a Motel 6 parking lot. And in a suburban Chicago park, where visitors jog and bird watch, nuclear waste from the world's first reactor — developed by Italian physicist Enrico Fermi for the Manhattan Project in 1942 — sits buried beneath a sign that reads "Caution — Do Not Dig."

Collectively, these sites are a visible reminder of America's nuclear history — a time when the threat of doomsday was as much a part of the landscape as the national psyche.

no one gets out alive...,


guardian |  “Runit Dome represents a tragic confluence of nuclear testing and climate change,” said Michael Gerrard, director of the Sabin Center for Climate Change Law at Columbia University, who visited the dome in 2010.

“It resulted from US nuclear testing and the leaving behind of large quantities of plutonium,” he said. “Now it has been gradually submerged as result of sea level rise from greenhouse gas emissions by industrial countries led by the United States.”

Enewetak Atoll, and the much better-known Bikini Atoll, were the main sites of the United States Pacific Proving Grounds, the setting for dozens of atomic explosions during the early years of the cold war.

The remote islands – roughly halfway between Australia and Hawaii – were deemed sufficiently distant from major population centres and shipping lanes, and in 1948, the local population of Micronesian fishermen and subsistence farmers were evacuated to another atoll 200 km away.
In total, 67 nuclear and atmospheric bombs were detonated on Enewetak and Bikini between 1946 and 1958 – an explosive yield equivalent to 1.6 Hiroshima bombs detonated every day over the course of 12 years.

The detonations blanketed the islands with irradiated debris, including Plutonium-239, the fissile isotope used in nuclear warheads, which has a half-life of 24,000 years.

Thursday, July 09, 2015

germany has NO standing to lecture other nations about debt


thewire |  Since his successful book, Capital in the Twenty-First Century, the Frenchman Thomas Piketty has been considered one of the most influential economists in the world. His argument for the redistribution of income and wealth launched a worldwide discussion. In a interview with Georg Blume of Die Zeit, he gives his clear opinions on the European debt debate.

DIE ZEIT: Should we Germans be happy that even the French government is aligned with the German dogma of austerity?

Thomas Piketty: Absolutely not. This is neither a reason for France, nor Germany, and especially not for Europe, to be happy. I am much more afraid that the conservatives, especially in Germany, are about to destroy Europe and the European idea, all because of their shocking ignorance of history.

ZEIT: But we Germans have already reckoned with our own history.

Piketty: But not when it comes to repaying debts! Germany’s past, in this respect, should be of great significance to today’s Germans. Look at the history of national debt: Great Britain, Germany, and France were all once in the situation of today’s Greece, and in fact had been far more indebted. The first lesson that we can take from the history of government debt is that we are not facing a brand new problem. There have been many ways to repay debts, and not just one, which is what Berlin and Paris would have the Greeks believe.

ZEIT: But shouldn’t they repay their debts?

Piketty: My book recounts the history of income and wealth, including that of nations. What struck me while I was writing is that Germany is really the single best example of a country that, throughout its history, has never repaid its external debt. Neither after the First nor the Second World War. However, it has frequently made other nations pay up, such as after the Franco-Prussian War of 1870, when it demanded massive reparations from France and indeed received them. The French state suffered for decades under this debt. The history of public debt is full of irony. It rarely follows our ideas of order and justice.

ZEIT: But surely we can’t draw the conclusion that we can do no better today?

Piketty: When I hear the Germans say that they maintain a very moral stance about debt and strongly believe that debts must be repaid, then I think: what a huge joke! Germany is the country that has never repaid its debts. It has no standing to lecture other nations.

the eu's historically perplexing miscalculations about greece


stratfor |  In a result that should surprise no one, the Greeks voted to reject European demands for additional austerity measures as the price for providing funds to allow Greek banks to operate. There are three reasons this should have been no surprise. First, the ruling Coalition of the Radical Left, or Syriza party, is ruling because it has an understanding of the Greek mood. Second, the constant scorn and contempt that the European leadership heaped on the prime minister and finance minister convinced the Greeks not only that the scorn was meant for them as well but also that anyone so despised by the European leadership wasn't all bad. Finally, and most important, the European leadership put the Greek voters in a position in which they had nothing to lose. The Greeks were left to choose between two forms of devastation — one that was immediate but possible to recover from, and one that was a longer-term strangulation with no exit.

The Europeans' Mistaken Reasoning

As the International Monetary Fund noted (while maintaining a very hard line on Greece), the Greeks cannot repay their loans or escape from their economic nightmare without a substantial restructuring of the Greek debt, including significant debt forgiveness and a willingness to create a multidecade solution. The IMF also made clear that increased austerity, apart from posing an impossible burden for the Greeks, will actually retard either a Greek recovery or debt repayment.

The Greeks knew this as well. What was obvious is that austerity without radical restructuring would inevitably lead to default, if not now, then somewhere not too far down the line. Focusing on pensions made the Europeans appear tough but was actually quite foolish. All of the austerity measures demanded would not have provided nearly enough money to repay debts without restructuring. In due course, Greece would default, or the debt would be restructured.

Since Europe's leaders are not stupid, it is important to understand the game they were playing. They knew perfectly well the austerity measures were between irrelevant and damaging to debt repayment. They insisted on this battle at this time because they thought they would win it, and it was important for them to get Greece to capitulate for broader reasons.

Wednesday, July 08, 2015

corporate capitalism is the foundation of police brutality and the prison state...,


alternet |  Our national conversation on race and crime is based on a fiction. It is the fiction that the organs of internal security, especially the judiciary and the police, can be adjusted, modernized or professionalized to make possible a post-racial America. We discuss issues of race while ignoring the economic, bureaucratic and political systems of exploitation—all of it legal and built into the ruling apparatus—that are the true engines of racism and white supremacy. No discussion of race is possible without a discussion of capitalism and class. And until that discussion takes place, despite all the proposed reforms to the criminal justice system, the state will continue to murder and imprison poor people of color with impunity.

More training, body cameras, community policing, the hiring of more minorities as police officers, a better probation service and more equitable fines will not blunt the indiscriminate use of lethal force or reduce the mass incarceration that destroys the lives of the poor. Our capitalist system callously discards surplus labor, especially poor people of color, employing lethal force and the largest prison system in the world to keep them under control. This is by design. And until this predatory system of capitalism is destroyed, the poor, especially people of color, will continue to be gunned down by police in the streets, as they have for decades, and disproportionately locked in prison cages.

faux news claims anti-brutality protestors are the cultural brothers and sisters of terrorist dylan roof


salon |  In another segment, Doocy — who earlier noted that flag-burning is protected speech — asked Fox News legal analyst Peter Johnson Jr. whether flag-burning is protected speech. “Burning the flag is protected by the Constitution,” Johnson said, “but there are laws in New York that say you can’t be burning stuff without a permit, and certainly not in a park.”

“This group, Disarm NYPD, is the essence of anarchist values that seek to destroy this country,” Johnson continued, apropos of nothing. “‘But Peter,’ people say, ‘you wear a flag pin and are on Fox News.’ These folks are the cultural cousins, the cultural brothers and sisters and that maniac racist murderer in Charleston, South Carolina, who decided that he was going to burn the flag and show it on social media.”

“There’s little difference between they propose to do and what he did,” Johnson added, apparently forgetting that Dylann Roof also murdered nine people. “They’re on different ends of the same continuum of crazy, demented, un-American behavior that we all need to condemn.”

In yet another segment, Brian Kilmeade spoke to Fox News Medical A Team’s psychiatrist Keith Ablow, who blamed the Disarm NYPD protest on President Barack Obama.

“These folks have been led down the wrong path by a president, a former attorney general, and a mayor of New York City, who encourage people to hate others, who encourage people not to see in this country the evolving story of tolerance and brotherhood, but instead to see in history elements that were ugly,” he said. “When you elect a president who attended a church with a pastor tells people America’s reprehensible and people vote for him anyhow because he has a nice smile, this is what happens — you fracture your culture.”

anti-blackness is at the core of the musical chairs struggle...,


mic |  The connections between black people protesting state violence in the United States and Palestinians fighting occupation in Gaza and the West Bank have been well-documented.

When armored trucks and riot officers stormed the streets of Ferguson, Missouri, in August — days after white Ferguson police officer Darren Wilson killed unarmed black 18-year-old Michael Brown — some Palestinians used social media to communicate advice to protesters on how to cope with tear gas.

In the subsequent months, this transnational solidarity has only grown stronger. Activist and scholar Angela Davis has spoken at length about its links, highlighting, for instance, how the multinational security company G4S has provided both material support for the Israeli occupation — a support they have vowed to scale down over the next three years — and for private prisons in the U.S., which profit from mass incarceration, a phenomenon that disproportionately impacts black and brown people.

"Both communities share many of the same grievances, suffer from the same systematic forms of violations, and therefore also campaign against some similar actors that profit from these abuses," Fadi Quran, an activist and educator in Palestine, told Mic. "[G4S] is just one example of many, and that's why solidarity and connecting our struggles is not only important, but necessary if we want to put an end to injustice."

It doesn't end there. Patrisse Marie Cullors-Brignac, a co-founder of Black Lives Matter, in February expressed solidarity with the people of Palestine in a letter addressed to the students of Stanford University, some of whom were voting for their school to divest from "corporations that profit from the Occupation" in February (the university declined to divest shortly thereafter).

"No studying could prepare me for the level of violence and trauma that exists inside Palestine," Cullors-Brignac wrote of a recent visit she took to Palestine. "The Black Lives Matter movement can benefit greatly by learning about struggles outside of the U.S., but particularly the Palestinian struggle."

To further illustrate the degree to which these movements are mutually intertwined, Mic has asked people from across the Palestinian diaspora — students, artists, educators, Americans, Europeans and people currently living in Palestine — to create a set of visual responses to the question:

"If you could say one thing to black American citizens about police brutality in the U.S., what would it be?"

The answers come from Palestinians from all over the world, of varying backgrounds and spanning a 45-year age range. But they all have one thing in common: They depict, unambiguously, how the civil rights struggle in Palestine and that of black Americans aren't as disconnected as one might presume.

Here's what they had to say:

Tuesday, July 07, 2015

francis spoke truth to the squid...,


wsj |  Move over, Sen. Elizabeth Warren—there’s a new high-profile critic of the world’s largest banks, and he has over a billion followers.

Pope Francis dedicated a few lines of his 183-page encyclical on the environment on Thursday to the topic of the failures of banks and markets. In the Holy Father’s view, “[t]he lessons of the global financial crisis have not been assimilated” and the governments’ response to the crisis have only set up the financial system for a future panic:
Saving banks at any cost, making the public pay the price, foregoing a firm commitment to reviewing and reforming the entire system, only reaffirms the absolute power of a financial system, a power which has no future and will only give rise to new crises after a slow, costly and only apparent recovery. The financial crisis of 2007-08 provided an opportunity to develop a new economy, more attentive to ethical principles, and new ways of regulating speculative financial practices and virtual wealth. But the response to the crisis did not include rethinking the outdated criteria which continue to rule the world.
While praising business as a “noble vocation, directed to producing wealth and improving our world,” His Holiness called out the financial sector for having outsized influence over the political process and endorsed limiting its reach:
[E]conomic powers continue to justify the current global system where priority tends to be given to speculation and the pursuit of financial gain, which fail to take the context into account, let alone the effects on human dignity and the natural environment… To ensure economic freedom from which all can effectively benefit, restraints occasionally have to be imposed on those possessing greater resources and financial power.
The pope’s views may be backed by some recent research: On Wednesday the Organization for Economic Cooperation and Development said that curbing certain kinds of bank lending could ameliorate income inequality around the world and increase economic growth.

lloyds of london report says that in the near future "hard men with guns eat first"...,


insurge |  “World3 was a very good, robust system,” he told us. “Some assumptions were incorrect and misparameterised — for instance, life expectancy is smaller than assumed, and industrial and service outputs are larger than assumed. And the model was missing some shock dynamics and feedback loops.”

The same questioner put his hand up and asked, “Does this mean the original model and its predictions are flawed?”

“I would say the model was largely correct,” said Jones. “It was right enough to give a fairly accurate picture of future limits to growth. But there are some incorrect parameters and gaps.”

The System Dynamics Model, Jones explained, is designed to overcome the limitations of World3 by recalibrating the incorrect parameters, adding new parameters where necessary, and inputting fresh data. There are now roughly 2,000 parameters in the model, drawing on a database of key indicators on resources and social measures for 212 countries, from 1995 until today.

Jones’ affirmation of the general accuracy of the limits to growth model was an obvious surprise to some in the room.

The original model forecasted global ecological and economic collapse by around the middle of the 21st century, due to the convergence of climate change, food and water scarcity, and the depletion of cheap fossil fuels — which chimes with both the GRO’s models.

Last year, Dr. Graham Turner updated his CSIRO research at the University of Melbourne, concluding that:
“… the general onset of collapse first appears at about 2015 when per capita industrial output begins a sharp decline. Given this imminent timing, a further issue this paper raises is whether the current economic difficulties of the global financial crisis are potentially related to mechanisms of breakdown in the Limits to Growth BAU [business-as-usual] scenario.”
For the first time, then, we know that in private, British and US government agencies are taking seriously longstanding scientific data showing that a business-as-usual trajectory will likely lead to civilisational collapse within a few decades — generating multiple near-term global disruptions along the way.

The question that remains is: what we are going to do about it?

the future of all pensioners in the western world...,


zerohedge |  In chaotic scenes, thousands of angry elderly Greeks on Wednesday besieged the nation’s crisis-hit banks, which have reopened to allow them to withdraw vital cash from their state pensions.

“Let them go to hell!” said one pensioner waiting to get his money, after failed talks between Athens and international creditors sparked a week-long banking shutdown.

The Greek government, which closed the banks and imposed strict capital controls after cash machines ran dry, has temporarily reopened almost 1,000 branches to allow pensioners without cards to withdraw 120 euros ($133) to last the rest of the week.

The move has again sparked lengthy queues at banks across Greece — and outrage from many retirees who are regarded as among the most vulnerable in society, exposed to a vicious and lengthy economic downturn.

Under banking restrictions imposed all week, ordinary Greeks can withdraw up to 60 euros a day for each credit or debit card — but many of the elderly population do not have cards.

Another customer, a retired mariner who asked not to be named, told AFP he had no cash to buy crucial medicine for his sick wife.

“I worked for 50 years on the sea and now I am the beggar for 120 euros,” he said.

“I took out 120 euros — but I have no money for medication for my wife, who had an operation and is ill, he added.

When Zakharova Talks Men Of Culture Listen...,

mid.ru  |   White House spokesman John Kirby’s statement, made in Washington shortly after the attack, raised eyebrows even at home, not ...