August 3, 2013 archive

Summers: Economic Inequality a Problem, but not the Fed Chair’s Responsibility

Well, OK, I’m summarizing. I was startled to read at Agent Orange that Summers was a progressive thinker because Summers recognizes the massive increase in economic inequality that has taken place over the past three or four decades:

It would be, however, a serious mistake to suppose that our only problems are cyclical or amenable to macroeconomic solutions. Just as evolution from an agricultural to an industrial economy had far reaching implications for society, so too will the evolution from an industrial to a knowledge economy. Witness structural trends that predate the Great Recession and will be with us long after recovery is achieved: The most important of these is the strong shift in the market reward for a small minority of persons, relative to the rewards available to everyone else. In the United States, according to a recent CBO study, the incomes of the top 1 percent of the population have, after adjusting for inflation, risen by 275 percent from 1979 to 2007. At the same time, incomes for the middle class (in the study, the middle 60 percent of the income scale) grew by only 40 percent. Even this dismal figure overstates the fortunes of typical Americans; the number unable to find work or who have abandoned the job search has risen. In 1965, only 1 in 20 men between ages 25 and 54 was not working. By the end of this decade it will likely be 1 in 6-even if a full cyclical recovery is achieved.

 

There is no issue that will be more important to the politics of the industrialized world over the next generation than its response to a market system that distributes rewards increasingly inequitably and generates growing disaffection in the middle class. …

Cartnoon

Wireless Comes to the Mountain

Hey Y’all, it’s been awhile!

What’s new?

On This Day In History August 3

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

August 3 is the 215th day of the year (216th in leap years) in the Gregorian calendar. There are 150 days remaining until the end of the year.

On August 3, 1958, the U.S. nuclear submarine Nautilus accomplishes the first undersea voyage to the geographic North Pole. The world’s first nuclear submarine, the Nautilus  dived at Point Barrow, Alaska, and traveled nearly 1,000 miles under the Arctic ice cap to reach the top of the world. It then steamed on to Iceland, pioneering a new and shorter route from the Pacific to the Atlantic and Europe.

The USS Nautilus was constructed under the direction of U.S. Navy Captain Hyman G. Rickover, a brilliant Russian-born engineer who joined the U.S. atomic program in 1946. In 1947, he was put in charge of the navy’s nuclear-propulsion program and began work on an atomic submarine. Regarded as a fanatic by his detractors, Rickover succeeded in developing and delivering the world’s first nuclear submarine years ahead of schedule. In 1952, the Nautilus’ keel was laid by President Harry S. Truman, and on January 21, 1954, first lady Mamie Eisenhower broke a bottle of champagne across its bow as it was launched into the Thames River at Groton, Connecticut. Commissioned on September 30, 1954, it first ran under nuclear power on the morning of January 17, 1955.

USS Nautilus (SSN-571) was the world’s first operational nuclear-powered submarine. She was also the first vessel to complete a submerged transit across the North Pole.

Named for the submarine in Jules Verne’s Twenty Thousand Leagues Under the Sea, Nautilus was authorized in 1951 and launched in 1954. Because her nuclear propulsion allowed her to remain submerged for far longer than diesel-electric submarines, she broke many records in her first years of operation and was able to travel to locations previously beyond the limits of submarines. In operation, she revealed a number of limitations in her design and construction; this information was used to improve subsequent submarines.

The Nautilus was decommissioned in 1980 and designated a National Historic Landmark in 1982. She has been preserved as a museum of submarine history in New London, Connecticut, where she receives some 250,000 visitors a year.

Late Night Karaoke

NSA, Snowden, Congress and Presidential Temper Tantrums

Cross posted from The Stars Hollow Gazette

The US is very disappointed with Russia. Russia has granted Edward Snowden temporary asylum for one year and he has left the airport for an undisclosed location.

Edward Snowden asylum: US ‘disappointed’ by Russian decision

by  Alec Luhn in Moscow, Luke Harding, and Paul Lewis in Washington, The Guardian

White House says Moscow should hand back whistleblower and hints Barack Obama might boycott Vladimir Putin meeting

White House spokesman Jay Carney said the US was “extremely disappointed” by the decision, almost certainly taken personally by President Vladimir Putin. He said Moscow should hand Snowden back and hinted that Barack Obama might now boycott a bilateral meeting with Putin in September, due to be held when the US president travels to Russia for a G20 summit. [..]

With US-Russian relations now at a cold war-style low, Snowden slipped out of Sheremetyevo airport on Thursday afternoon. His lawyer, Anatoly Kucherena, said Russia’s federal migration service had granted him temporary asylum for one year. Snowden had left the airport to stay at an undisclosed location with expatriate Americans, he added.

Putin made no immediate comment. But having weighed Russia’s options for some weeks, he appears to have decided that Snowden’s propaganda value outweighs any possible US repercussions. Obama’s already floundering attempts to “reset”, or improve, relations with Moscow are in effect over.

Back on Capitol Hill, senators from both sides of the aisle expressed their dismay over intelligence disclosures of NSA policies.

US senators rail against intelligence disclosures over NSA practices

by Spencer Ackerman, The Guardian

Officials say bulk phone records collection was not ‘the most important tool’ – contradicting previous statements to Congress

Two senators said they now planned to introduce new legislation before the August recess that would significantly transform the transparency and oversight of the bulk surveillance program. The chairman of the committee has already advocated for ending the bulk phone records collection and plans his own legislative push to shut it down.v[..]

Patrick Leahy, a Vermont Democrat and chairman of the Senate judiciary committee, said: “We need straightforward answers, and I’m concerned we’re not getting them.”

Leahy, joined by ranking Republican Chuck Grassley of Iowa, criticised director of national intelligence James Clapper for making untruthful statements to Congress in March about the bulk phone records collection on Americans, and NSA director Keith Alexander for overstating the usefulness of that collection for stopping terrorist attacks.

Grassley called Clapper’s recent apology to senator Ron Wyden and the intelligence community “especially disturbing”.

The Guardian’s Spencer Ackerman and investigative reporter James Branford joined Amy Goodman on Democracy Now! to discuss these latest developments.



Transcript for this segment can be read here

Testifying before the Senate on Wednesday, National Security Agency Deputy Director John Inglis conceded that the bulk collection of phone records of millions of Americans under Section 215 of the USA PATRIOT Act has been key in stopping only one terror plot – not the dozens officials had previously said. Ahead of Wednesday’s Senate hearing, the Obama administration released three heavily censored documents related to its surveillance efforts, but the White House has refused to declassify the legal arguments underlying the dragnet or the original rulings by the U.S. Foreign Intelligence Surveillance Court, on which the released order to collect phone records was based. Meanwhile, the head of the NSA, General Keith Alexander, was repeatedly interrupted by critics of government surveillance in a speech Wednesday before the Black Hat conference, a gathering of hackers and cybersecurity professionals in Las Vegas.



Transcript for this segment can be read here

How fast the US is fast becoming the 21st century;s Soviet Union.

Random Japan

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NEWS FROM THE ANIMAL KINGDOM

A research team led by a professor at Keio University has found mice can tell the difference between paintings by Wassily Kandinsky and Piet Mondrian.

In response to wild deer causing damage to local plant species in the Oze marshlands, Fukushima officials say they’ll start “shooting the animals with high-pressure water guns.”

Japanese scientists have determined a class of insecticides aka neonicotinoids may be responsible for colony-collapse disorder, which is threatening the global honeybee population.

Police in western Tokyo arrested a man who ran a health clinic despite having no medical license. None of the man’s 8,000 “patients” reported any ill effects from the treatment.

Health and Fitness News

Welcome to the Health and Fitness News, a weekly diary which is cross-posted from The Stars Hollow Gazette. It is open for discussion about health related issues including diet, exercise, health and health care issues, as well as, tips on what you can do when there is a medical emergency. Also an opportunity to share and exchange your favorite healthy recipes.

Questions are encouraged and I will answer to the best of my ability. If I can’t, I will try to steer you in the right direction. Naturally, I cannot give individual medical advice for personal health issues. I can give you information about medical conditions and the current treatments available.

You can now find past Health and Fitness News diaries here and on the right hand side of the Front Page.

Tomatoes Take Center Stage

Tomatoes Stage Center Stage photo recipehealthpromo-tmagArticle_zps41d4f6b7.jpg

There is little room in my repertoire at this time of year for dishes that don’t include tomatoes, but this week I kept it pretty simple.

   I tried a new recipe for roasting tomatoes. I roasted them for 2 hours at a low temperature (300 degrees), which didn’t dry them out completely but intensified everything about them. I snacked on them all week, and also put them through a food mill for sauce. They will definitely become a habit, along with the fresh tomato sandwiches I’ve been eating for lunch every day. This won’t stop until September.

Super Tomato Sandwiches

An irresistible way to use the freshest tomatoes.

Tomato and Basil Risotto

Tomatoes make a great base for a luxurious summer risotto.

Soft Tacos With Roasted or Grilled Tomatoes and Summer Squash

Tomatoes and summer squash make for delicious taco fillings.

Greek Chicken and Tomato Salad

A tomato-centric Greek salad that is substantial enough for lunch or a light supper.

Amazingly Sweet Slow-Roasted Tomatoes

This method of roasting won’t dry out the tomatoes completely but will intensify everything about them.

The anti-transgender violence goes on and on

Heavy Sigh.

Having not yet recovered from the murder of Diamond Williams, Philadelphia's trans community was rocked again on Tuesday night. A 26 year-old transwoman is reported to be in critical but stable condition at Hahnemann University Hospital after being pistol whipped and shot in the back of the head in her apartment in Northern Liberties. She is expected to survive.

The victim was found at the front door to the apartment building, having crawled there from her third floor apartment.  She was able to communicate with police when they arrived after being called by neighbors.  She reported that she was waiting for a family member when she heard a knock on the door.  She opened it to discover a man with a gun who she did not know.

There is video here.  That’s the CBS coverage, which describes the victim as a woman.  Early ABC coverage described the victim as a “man dressed like a woman.”  I saw video yesterday that identified the victim and had some interviews with family members, but it appears today to have been scrubbed from the internet.