July 2013 archive

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On This Day In History July 24

Cross posted from The Stars Hollow Gazette

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

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July 24 is the 205th day of the year (206th in leap years) in the Gregorian calendar. There are 160 days remaining until the end of the year.

On this day in 1911, Machu Picchu discovered

American archeologist Hiram Bingham gets his first look at Machu Picchu, an ancient Inca settlement in Peru that is now one of the world’s top tourist destinations.

Tucked away in the rocky countryside northwest of Cuzco, Machu Picchu is believed to have been a summer retreat for Inca leaders, whose civilization was virtually wiped out by Spanish invaders in the 16th century. For hundreds of years afterwards, its existence was a secret known only to the peasants living in the region. That all changed in the summer of 1911, when Bingham arrived with a small team of explorers to search for the famous “lost” cities of the Incas.

Traveling on foot and by mule, Bingham and his team made their way from Cuzco into the Urubamba Valley, where a local farmer told them of some ruins located at the top of a nearby mountain. The farmer called the mountain Machu Picchu, which meant “Old Peak” in the native Quechua language. The next day–July 24–after a tough climb to the mountain’s ridge in cold and drizzly weather, Bingham met a small group of peasants who showed him the rest of the way. Led by an 11-year-old boy, Bingham got his first glimpse of the intricate network of stone terraces marking the entrance to Machu Picchu.

Machu Picchu was built around 1450, at the height of the Inca Empire. It was abandoned just over 100 years later, in 1572, as a belated result of the Spanish Conquest. It is possible that most of its inhabitants died from smallpox introduced by travelers before the Spanish conquistadors arrived in the area. The latter had notes of a place called Piccho, although there is no record of the Spanish having visited the remote city. The types of sacred rocks defaced by the conquistadors in other locations are untouched at Machu Picchu.

Hiram Bingham theorized that the complex was the traditional birthplace of the Incan “Virgins of the Suns”. More recent research by scholars such as John Howland Rowe and Richard Burger, has convinced most archaeologists that Machu Picchu was an estate of the Inca emperor Pachacuti. In addition, Johan Reinhard presented evidence that the site was selected because of its position relative to sacred landscape features such as its mountains, which are purported to be in alignment with key astronomical events important to the Incas.

Johan Reinhard believes Machu Picchu to be a sacred religious site. This theory stands mainly because of where Machu Picchu is located. Reinhard calls it “sacred geography” because the site is built on and around mountains that hold high religious importance in the Inca culture and in the previous culture that occupied the land. At the highest point of the mountain in which Machu Picchu was named after, there are “artificial platforms [and] these had a religious function, as is clear from the Inca ritual offerings found buried under them” (Reinhard 2007). These platforms also are found in other Incan religious sites. The site’s other stone structures have finely worked stones with niches and, from what the “Spaniards wrote about Inca sites, we know that these (types of) building(s) were of ritual significance” (Reinhard 2007). This would be the most convincing evidence that Reinhard points out because this type of stylistic stonework is only found at the religious sites so it would be natural that they would exist at this religious site. Another theory maintains that Machu Picchu was an Inca llaqta, a settlement built to control the economy of conquered regions. Yet another asserts that it may have been built as a prison for a select few who had committed heinous crimes against Inca society. An alternative theory is that it is an agricultural testing station. Different types of crops could be tested in the many different micro-climates afforded by the location and the terraces; these were not large enough to grow food on a large scale, but may have been used to determine what could grow where. Another theory suggests that the city was built as an abode for the deities, or for the coronation of kings

Although the citadel is located only about 80 kilometers (50 miles) from Cusco, the Inca capital, the Spanish never found it and consequently did not plunder or destroy it, as they did many other sites. Over the centuries, the surrounding jungle grew over much of the site, and few outsiders knew of its existence.

Muse in the Morning

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Stir 2

Late Night Karaoke

Chronic Tonic- Riding The Storm Out

Originally published at VOTS

As some of you know, my younger son is on the autism spectrum. One of his big issues is thunderstorms. When he was a toddler, he mostly ignored them, and as he and his brother got older, they would sometimes come sit by me, or come jump in bed with us during a bad storm, but I think most kids do that. Starting last year, Dan started to get really freaked out by storms. He would go into meltdown mode, start worrying a tornado was coming to get him, and there would be hell. I had to figure out a way to get him through the damn things.

See, Dan loves to read and be read to, and we had books for anxiety and books for me to know if he gets what he’s reading, but I thought I needed something a little bit different, something special. When I was a child my mother had given us a Reader’s Digest collection of stories for young readers, there was a story in there called “The Devil’s Hide” by Parker Fillmore. It is a gruesome, yet delightful story of how a young man named Erkki makes a deal with and gets the best of the Devil. The only problem? The book is out of print.

A couple of days later I am talking to my sister on the phone. I tell her about the storms and ask her, does she remember that story? Does she! She has it. What? Yes, she also loved that story so much that she wanted to read it to her daughter, so a couple of years earlier she had gone in search of the thing and found it, paid too much for a raggedy copy, and was now willing to pass it on to me. I couldn’t believe my luck. I hope Dan goes for this the way I think he will.She delivers the book into my hot little hands. It is old, its binding is naked, and pages want to float away, but all of the story is in there. I hide my faded red treasure to await the next storm.

I don’t have to wait long. A gentle rumbling and Dan is winding up for it and I say, “Hey, how about we save the day.” This distracts him, throws him off balance, as his curiosity overcomes his anxiety, I add, “I have this very ancient book here with a very special story inside about a boy named Erkki…” And both my boys follow me to the sofa and settle in on either side as I begin to read. It is quite the grisly tale. Erkki watches as his two elder brothers, each in their turn, go out to make their way in the world, and come home missing a patch of their hide, lost to the Devil over a bargain on who will lose their temper first. Naturally, Erkki, being the hero of the story, sets out to succeed where his brothers have failed and does so in a somewhat grim yet hilarious manner, vexing the Devil mightily the entire time.

Now the storm was over by the time I was halfway through the story, but Dan had no idea of it. He was too busy giggling at me sputtering and choking back the Devil’s rage as I tried not to lose his bargain for him too early in the tale as Erkki wreaked havoc in his life. By the time the story was done, the storm was long gone and Dan was completely at ease. I said:   “Well, I guess that storm didn’t stand a chance against us, huh? We didn’t need to pay any attention to that show-off, we had better things to do.”  He smiles at me and agrees, “”Yeah, we really did it, we saved the day!”

Sometimes storms last longer than the story and we may have to grab some Shel Silverstein so we can continue reading, and last fall when Sandy hit and we lost power for a week, that was rough. He had a bit more anxiety there for a while after that, I can’t say I blame him, didn’t that suck for all of us? Yeah, it did. But, overall, he’s doing great. Now it doesn’t even have to be “The Devil’s Hide,” it doesn’t even have to always be reading. Have you ever seen a nine year old save the day by singing along with a YouTube of These Eyes by The Guess Who? It’s awesome.

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Adios Popeye.

On This Day In History July 23

Cross posted from The Stars Hollow Gazette

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

Click on images to enlarge

July 23 is the 204th day of the year (205th in leap years) in the Gregorian calendar. There are 161 days remaining until the end of the year.

THE GREAT COMET OF 1997. Above, the bright head of comet Hale-Bopp, called the coma, is pointed towards the Sun. The coma is composed of dust and gas, masking the solid nucleus of the comet made up of rock, dust and ice. Photo taken by Jim Young at NASA’s Jet Propulsion Laboratories Table Mountain Observatory in March 1997.

The comet was discovered in 1995 by two independent observers, Alan Hale and Thomas Bopp, both in the United States. Hale had spent many hundreds of hours searching for comets without success, and was tracking known comets from his driveway in New Mexico when he chanced upon Hale-Bopp just after midnight. The comet had an apparent magnitude of 10.5 and lay near the globular cluster M70 in the constellation of Sagittarius. Hale first established that there was no other deep-sky object  near M70, and then consulted a directory of known comets, finding that none were known to be in this area of the sky. Once he had established that the object was moving relative to the background stars, he emailed the Central Bureau for Astronomical Telegrams, the clearing house for astronomical discoveries.

Bopp did not own a telescope. He was out with friends near Stanfield, Arizona observing star clusters and galaxies when he chanced across the comet while at the eyepiece of his friend’s telescope. He realized he might have spotted something new when, like Hale, he checked his star maps to determine if any other deep-sky objects were known to be near M70, and found that there were none. He alerted the Central Bureau of Astronomical Telegrams through a Western Union telegram. Brian Marsden, who has run the bureau since 1968, laughed, “Nobody sends telegrams anymore. I mean, by the time that telegram got here, Alan Hale had already e-mailed us three times with updated coordinates.”

The following morning, it was confirmed that this was a new comet, and it was named Comet Hale-Bopp, with the designation C/1995 O1. The discovery was announced in International Astronomical Union circular 6187.

Muse in the Morning

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Stir

The Good Bank

Chase, Once Considered "The Good Bank," Is About to Pay Another Massive Settlement

By Matt Taibbi, Rolling Stone

July 18, 12:20 PM ET

In the three-year period between 2009-2012, Chase paid out over $16 billion in litigation costs. Noted financial analyst Josh Rosner of Graham Fisher slammed Chase in a report earlier this year, pointing out that these settlements and legal costs represented a staggering 12% of Chase’s net revenue during this time. There couldn’t possibly be a clearer demonstration of the modern banking model, in which companies break rules/laws as a matter of course, and simply pay fines as a cost – a significant cost – of doing business.

For sheer curiosity’s sake, I thought I’d list, in capsule form, some of the capers Chase has been caught up in in recent years:

  • They were fined $153 million for the infamous “Magnetar” fund case, another scam in which a bank allowed a hedge fund to create a “born-to-lose” mortgage portfolio to bet against. Very similar to the Abacus case that’s at the heart of the ongoing “Fabulous Fab” trial;
  • Chase paid $228 million for its role in the egregious municipal bond bid-rigging case we wrote about in Rolling Stone in 2011;
  • Chase paid $297 million to the SEC last November for fraud involving mortgage-backed securities;
  • Chase paid $75 million in cash and generously agreed to forego $647 million in fines in the Jefferson County, Alabama mess, in which a small-town pol was bribed into green-lighting a series of deadly swap deals;
  • In two separate orders this spring, Chase was reprimanded by the OCC and the Fed for money-laundering behaviors similar to the infamous HSBC case, and also for regulatory failures and fraud in the London Whale episode. There was a separate FBI investigation into the London Whale probe in which they allegedly lied to customers and investors about the loss;
  • They’re under investigation for allegedly failing to disclose Bernie Madoff’s trading activities to authorities;
  • They were one of 13 banks asked to pay up in this year’s $9.3 billion robosigning settlement;
  • They were one of four banks last year to settle for a total of $394 million with the OCC for improper mortgage servicing practices;
  • They were ordered by the CFTC to pay $20 million last year for improper segregation of customer funds (this was part of the Lehman investigation). The CFTC also fined Chase $600,000 last year for violating position limits in the cotton markets;
  • Last year, Chase paid a $45 million settlement to the federal government for improperly racking up fees for veterans in mortgage refinancings. Hey, if you’re going to steal from everyone, you can’t leave out those veterans overseas!
  • In 2010, Chase paid $25 million to the state of Florida for selling unregistered bonds to a state-run municipal money-market fund;
  • The bank last year was convicted in Europe along with several other banks for fraudulent sales of derivatives to the city of Milan. A total of about $120 million was seized from Chase and three other banks.



There are some other civil actions left out, too, like the $110 million class-action settlement for improper charging of overdraft fees, or their part in the gigantic $6 billion settlement completed last year involving Visa, MasterCard and other credit card providers for manipulating card service rates. And states like California have only just begun crawling up Chase’s backside for its role in the lunatic filing of erroneous credit card collection lawsuits, a scam outed by whistleblower Linda Almonte.

Chase is turning into the Zelig of the corruption era.

Speaking of Credit Cards-

Chase Made Errors in Nine Percent of Credit-Card Collection Lawsuits, Internal Survey Finds

By Matt Taibbi, Rolling Stone

July 11, 12:05 PM ET

Thirteen states, as well as the Office of the Comptroller of the Currency, a primary banking regulator, are investigating Chase’s insanely sloppy practices in the area of credit-card collections. I’ve been following this for years thanks to an acquaintance with former Chase VP and whistleblower Linda Almonte, who saw horrific abuses firsthand (I have a chapter on Linda’s crazy experiences coming out in my next book).



I’m glad that the states are finally listening to Linda and that this news is starting to come out. The story is actually far worse than is being described in the papers. It involves allegations of a rather complicated scam tied to secondary sales of credit-card debt – it’s easier to sell credit card debt when a judgment has already been obtained, so it seems companies like Chase will go to great lengths, including mass robosigning and other abuses, to obtain judgments.

Chase is the headline target of these new investigations, but most analysts believe the same exact things go on at other banks and credit companies. Once the bigger state lawsuits gain momentum, we’re likely to find out, as we did in the foreclosure scandals, that faulty paperwork and perjured/robosigned affidavits pervade the entire consumer debt industry.

At Least Obama Now Honest About Trashing the Fourth Amendment

Cross posted from The Stars Hollow Gazette

On Thursday the White House was mum on whether they would seek renewal of the “secret” court order that allows the NSA to collect the phone records and e-mails of Americans without due process.

Officials declined to discuss what action they intend to take about the order at the center of the current surveillance scandal, which formally expires at 5pm Friday. [..]

On Thursday, the administration would not answer a question first posed by the Guardian six days ago about its intentions to continue, modify or discontinue the Verizon bulk-collection order. The White House referred queries to the Justice Department. “We have no announcement at this time,” said Justice Department spokesman Brian Fallon. The NSA and office of the Director of National Intelligence did not respond to questions.

At a hearing on Wednesday before the House Judiciary Committee, the top lawyer for the director of national intelligence, Robert S Litt, was asked by the chairman, Bob Goodlatte, if the administration thought if a surveillance program “of this magnitude … could be indefinitely kept secret from the American people?”

Litt answered, “well, we tried.”

Since the cat is out of the bag, so to speak, the White House decided on Friday to come clean that they would continue to violate the Fourth Amendment with impunity:

In an unprecedented move prompted by the Guardian’s disclosure in June of the NSA’s indiscriminate collection of Verizon metadata, the Office of the Director of National Intelligence (ODNI) has publicly revealed that the scheme has been extended yet again.

The statement does not mention Verizon by name, nor make clear how long the extension lasts for, but it is likely to span a further three months in line with previous routine orders from the secret Foreign Intelligence Surveillance Court (Fisa). [..]

The decision to go public with the latest Fisa court order is an indication of how the Obama administration has opened up the previously hidden world of mass communications surveillance, however slightly, since former NSA contractor Edward Snowden exposed the scheme to the Guardian.

Earlier on Friday, ODNI lawyer, Litt, told the Brookings Institute that the intelligence chiefs would consider NSA data collection changesbut continued defending the unconstitutional program:

“It is, however, not the only way that we could regulate intelligence collection,” Litt said. “We’re currently working to declassify more information about our activities to inform that discussion,” particularly concerning the bulk collection of Americans’ telephone records. [..]

“That could be a significant problem in a fast-moving investigation where speed and agility are critical, such as the plot to bomb the New York City subways in 2009,” Litt said.

But Litt also noted: “All of the metadata we get under this program is information that the telecommunications companies obtain and keep for their own business purposes.”

He acknowledged in the beginning of his speech: “There is an entirely understandable concern that the government may abuse this power.”

In response to a question about the legality of the program, Litt also suggested that congress could pass a law permitting the NSA to collect the records.

“You’d have to make sure that it enables the kind of flexibility and operational agility that we need to conduct the collection,” Litt said. “We don’t think a new statute is necessary. We think we have the authority. But obviously, if Congress thinks a new statute is appropriate for this, Congress can provide that.”

Brilliant, let’s pass another unconstitutional law. Way to go, Barack.

Edward R. Murrow: “Harvest of Shame”

Cross poster from The Stars Hollow Gazette

Watch Edward R. Murrow’s ‘Harvest of Shame’

by John Light, Moyers & Company

The people who harvest our fruits and vegetables are, today, among the country’s most marginalized. They earn well below the poverty line and spend a substantial portion of the year unemployed. They do not have the right to overtime pay or to collective bargaining with their employers. In some cases, workers have faced abuses that fall under modern-day slavery statutes. “The extreme is slavery,” observed Senator Bernie Sanders (I-Vt.), while visiting farm workers in Florida. “The norm is disaster.” [..]

In 1960, legendary broadcaster Edward R. Murrow and his producers Fred Friendly and David Lowe attempted to draw public attention to this state of affairs with the documentary Harvest of Shame. The film – an hour-long portrait of the “humans who harvest the food for the best-fed people in the world” – aired on CBS the day after Thanksgiving, 1960.

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