httpv://www.youtube.com/watch?v=vmv3NAO9sRc
Climate Change and National Security, Part 2. Part 1 here.
httpv://www.youtube.com/watch?v=vmv3NAO9sRc
Climate Change and National Security, Part 2. Part 1 here.
httpv://www.youtube.com/watch?v=cqBURjOdOG8&feature=related
The frightening reality of climate change and national security. But at least this (traditionally conservative) element of American society is not in denial about either the fact or the implications of global warming.
The Globe and Mail has a story today here.
httpv://www.youtube.com/watch?v=JvWfElFuFnM
July 10th, 2010, day 82
From the Associated Press:
NEW ORLEANS — Robotic submarines removed the cap from the gushing well in the Gulf of Mexico on Saturday, beginning a period of at least two days when oil will flow freely into the sea [depicted in the video above].
It’s the first step in placing a tighter dome that is supposed to funnel more oil to collection ships on the surface a mile above. If all goes according to plan, the tandem of the tighter cap and the surface ships could keep all the oil from polluting the fragile Gulf as soon as Monday.
BP spokesman Mark Proegler said the old cap was removed at 12:37 p.m. CDT on Saturday.
And it’s only gotten worse, thanks to — you guessed it — the unrelenting trend of tax cuts for the richest of the rich:
The gap between the wealthiest Americans and middle- and working-class Americans has more than tripled in the past three decades, according to a June 25 report by the Center on Budget and Policy Priorities.
New data show that the gaps in after-tax income between the richest 1 percent of Americans and the middle and poorest parts of the population in 2007 was the highest it’s been in 80 years, while the share of income going to the middle one-fifth of Americans shrank to its lowest level ever.
The CBPP report attributes the widening of this gap partly to Bush Administration tax cuts, which primarily benefited the wealthy. Of the $1.7 trillion in tax cuts taxpayers received through 2008, high-income households received by far the largest — not only in amount but also as a percentage of income — which shifted the concentration of after-tax income toward the top of the spectrum. (From The Huffington Post)
Now that’s redistribution of wealth! As Nouriel Roubini has noted, “We have invented socialism for the rich.”
The Canadian trend in income disparity is virtually identical.
In related news, 1 in 7 wealthy homeowners are in default or seriously behind in payments for at least one of their mortgages, which is by far the highest of any cohort: they’re simply walking away from what they consider to be a bad investment. So much for the vicious right-wing meme that the financial crisis was caused by poor (i.e. non-white) people taking out mortgages on homes they ought never to have had.
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Frye in “The Meeting of Past and Future in William Morris”:
We said that culture seems to develop spatially in the opposite direction from political and economic movements. The latter centralize and the former decentralize. (CW 17, 321)
So few words, so much truth. Our culture is remarkable for its lively decentralization (whose proliferating hybridization of course drives retrograde conservatives nuts — a very good sign that it’s the right way to go), while at the same time we see the unmistakable emergence of “plutonomy”: the economic and political domination of society by the few. As an old boss of mine liked to intone: “This has gotta cease.”
httpv://www.youtube.com/watch?v=uF2rEm_9KO4
Four minutes and eighteen seconds of nonsensical vocables from Sarah Palin. On her relevant experience in foreign affairs: “Our next door neighbors are foreign countries are in the state I’m executive of [sic] . . . Putin rears his head and comes into the air space of America. Where do they go?”
“[W]e have to realize that the US no longer has a truly adversarial press. It has a commercial press that is entirely driven by fear of losing readers and/or viewers. Remember that the MSM allowed Palin – then a total unknown – to go an entire campaign without an open press conference. She knows they’re patsies. She’s much less afraid of them than they are of her. And rightly so.” Andrew Sullivan
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Frye in “The Renaissance of Books” (1973) comparing the commercial interests of the “free” press with the dictatorial control of Orwell’s telescreen in 1984:
In the democracies, of course, radio and television reflect the economic anxieties of selling and making profits through consumer goods rather than the political anxieties of censorship and thought control, but the cultural consequences have many parallels. Newspapers also become one-way streets in proportion to their preoccupation with headlines and deadlines: however, the competition of television is now forcing them to becomes something more like journals of opinion. (CW 11, 154)
Roger Ailes, president of Fox News in January: “I’m not in politics. I’m in ratings. We’re winning.”
Brink Lindsey reviews the American Enterprise Institute’s Arthur C. Brooks’s new book with a title too long and too silly to reproduce here. In the paragraph below, Lindsey takes exception to Brooks’s notion of “American exceptionalism” being defined by “free markets,” as compared to the social democratic example of Europe, and, presumably, the outright communism we have here in Canada:
Plenty of European countries have markets about as free as those in the land of the free. Look at the ratings provided by the annual Economic Freedom of the World report, co-published by the Cato Institute. On four broad categories of economic freedom — legal structure and security of property rights; access to sound money; freedom to trade internationally; and regulation — the United States was slightly “freer” than Sweden, the United Kingdom, Austria, Finland, and Switzerland. Meanwhile, Ireland, the Netherlands and, by a wide margin, Denmark were found to have freer markets. Note that the two highest scorers have two of the biggest welfare states in the world — which just goes to show that blurring issues of regulation and redistribution, as Brooks tries to do, leads to intellectual confusion.
Here’s Frye in one of the late notebooks:
At present we have capitalist and socialist societies, but the old notion of socialism as the fulfilment of capitalism, so sacrosanct in my youth, I don’t believe in now. I think that socialism as it got established was only the antithesis of capitalism, and the fulfilment is ahead of us. The core of the fulfilment is what we call democracy, which I see, at least at present, as a tension between politico-economic and cultural rhythms. (CW 6, 553)
httpv://www.youtube.com/watch?v=hYZre8kEsuw
M.C. Karl Rove “rapping” in 2007
I’ve known about this video since it emerged from the 2007 White House Radio and Television Correspondents’ Dinner. But I never had the stomach to watch it.
However, David Browich’s review of Rove’s “memoir,” Courage and Consequence: My Life Yadda Yadda Yadda in the New York Review of Books, seems to signal that the time has come. The full Rasputinian horror of the period needs to be witnessed and its implications contemplated. For example, is that the coddled and perpetually-grinning-dipstick David Gregory of NBC News also performing as part of (vomiting in my mouth a little) Karl Rove’s “posse”? Maybe we all should just start referring to the inside-the-beltway press corps and the demagogues enabled by them as Romanovs: Karl Romanov, Cokie Romanov, George F. Romanov, Glenn Romanov, Rush Romanov, Sean Romanov, Candy Romanov, Wolf Romanov, Bill O’Romanov, and so on. It certainly befits the historical cycle they’re currently riding into the ground with their incomes, investments and retirement savings intact. They’re done. They’re of no use except to make a bad situation even worse in a more obviously diminishing return.
Frye in “The View From Here”:
The intellectual seems to be aware only of the higher level of culture, just as the demagogue is aware only of the lower one. Real political guidance, of course, is constantly aware of both. (Writings on Education, 562)
So how is Stephen Harper’s self-declared “Canadian-led plan” to have governments slash deficits rather than spend to stimulate the economy going so far? Recall that the plan is to have the do-no-wrong private sector take up the slack with the necessary investments.
From CNBC.com, “Dow Repeats Great Depression Pattern“:
The Dow Jones Industrial Average is repeating a pattern that appeared just before markets fell during the Great Depression, Daryl Guppy, CEO at Guppytraders.com, told CNBC Monday.“Those who don’t remember history are doomed to repeat it…there was a head and shoulders pattern that developed before the Depression in 1929, then with the recovery in 1930 we had another head and shoulders pattern that preceded a fall in the market, and in the current Dow situation we see an exact repeat of that environment,” Guppy said.
The Dow retreated 457.33 points, or 4.5 percent last week, to close at 9,686 Friday. Guppy said a Dow fall below 9,800 confirmed the head and shoulders pattern.
Today is the 30th annual Gay Pride Parade in Toronto. Our prime minister is not attending it, but he no doubt supports it in spirit.
Then again, a fully grown man dressed up as a cowboy may not be what he seems. After the jump, Stephen Harper speaking at an anti-gay-marriage — or, as he winningly puts it, “real Canadian values” — rally on Parliament Hill in April 2005. Harper can claim to know about “real Canadian values” because his government represents as many as one in three Canadian voters.