Links 01/30/2012

Irruption of snowy owls in MI Free Press (Cap’n Magic).

All Thoroughbreds Have Same Ancestor ABC (Aquifer).

Western industrials feel a Chinese burn FT (SW).

The Jobs Guarantee and MMT Core. A multi-part resource on this WPA-like policy, with responses to John Carney and Cullen Roche, among others.

First hand description of events in Oakland on Saturday (Skippy). Can’t vouch for the provenance, but it reads like the work of a subject matter expert.

UPDATE A second description on Saturday’s Oakland events. I’m told by a source who had a number of live streams going that this article is more accurate on sequence, mainstream or no (and one of the reporters was arrested).

Report: Block Bloc assaults streamer during #SolidaritySunday march New York Observer. Diversity of tactics, donchya know. And solidarity for me, but not for thee.

A skeptic’s guide to non-violent resistance. “The great irony is that most dictators would have an easier time dealing with an armed insurgency (where anything goes) than with a mass nonviolent campaign (where anything the dictator does could backfire).”

Honest Appalachia (furzy mouse). Awesome site for Appalachian whistleblowers.

“The banking industry still has a lot of work to do in terms of rebuilding trust” Bloomberg. Vikram Bandit, Davos co-chair.

Davos amenable to future date change to avoid clash with Chinese New Year. Senior officials were absent.

“Davos is Davos” WSJ. Until it’s not.

A specter is haunting Davos. Number 9. Number 9…

Davos unmentionables: Portuguese debt and the price of oil BBC.

Topless bodies found in Davos panel Pravda. Diversity of tactics!

Davos does Big Data GigaOM.

Female attendance at Davos highest ever Bloomberg. 17% as opposed to 9% ten years ago. Alrighty, then.

Sixty years of economic change in one graph Atlantic (MS).

Downward mobility in New York City Bloomberg.

Complexity and transparency in finance mathbabe (SW). Rejoinders to Steve Waldman.


Government checks don’t bounce
Macrobusiness. Buy helicopters!

Libertarians for public goods Noahpinion. And this is my other brother, Rackand.

If Obama’s serious about his Fraud Unit, he’ll check out this road map in Pravda. We don’t know how the FU will be set up, but here are the tells to watch for: Subpoena power, Senate hearings, a substantial budget, and a forum for crowdsourcing and whistleblowing. For The Droner, that last point is going to be a very heavy lift.

You can even get stucco WSJ (JC). Oh, how you can get stucco.

How foreclosure works in the UK. It’s ugly over there.

RBS bonus veto would have caused “chaos” BBC. Oh the humanity!

Smedley Butler addresses the Bonus Army Washington’s Blog. The original 99%.

National Park service breaks discipline, tases Occupier at MacPherson Square (DCBlogger).

OPD breaks discipline, arrests reporters Mother Jones.

OPD decisions must go through court monitors, a step closer to federal takeover Bay Citizen (Francois T). Wonder what the monitors think of the OPD’s role in the weekend’s events?

Port of Longview signs off on ILWU and EGT settlement Lower Columbia Daily News.

Cambodia’s New Look Travel and Leisure (MS).

62 banksters have raised at least $9.4 million for Obama and the DNC Salon. Populism!

Tammany on the Delaware The Record (SW). Then again, think of Corzine.

Detroit retiree, 69, supplements his income by living off the land Detroit News.

Victorian delicacy enjoys revival Daily Mail (MS).

Best product reviews EVAH (CJ). A have-to-have if you plan to follow Election 2012.

Antidote of the day: Hat tip, the great MJS.

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About Lambert Strether

Readers, I have had a correspondent characterize my views as realistic cynical. Let me briefly explain them. I believe in universal programs that provide concrete material benefits, especially to the working class. Medicare for All is the prime example, but tuition-free college and a Post Office Bank also fall under this heading. So do a Jobs Guarantee and a Debt Jubilee. Clearly, neither liberal Democrats nor conservative Republicans can deliver on such programs, because the two are different flavors of neoliberalism (“Because markets”). I don’t much care about the “ism” that delivers the benefits, although whichever one does have to put common humanity first, as opposed to markets. Could be a second FDR saving capitalism, democratic socialism leashing and collaring it, or communism razing it. I don’t much care, as long as the benefits are delivered. To me, the key issue — and this is why Medicare for All is always first with me — is the tens of thousands of excess “deaths from despair,” as described by the Case-Deaton study, and other recent studies. That enormous body count makes Medicare for All, at the very least, a moral and strategic imperative. And that level of suffering and organic damage makes the concerns of identity politics — even the worthy fight to help the refugees Bush, Obama, and Clinton’s wars created — bright shiny objects by comparison. Hence my frustration with the news flow — currently in my view the swirling intersection of two, separate Shock Doctrine campaigns, one by the Administration, and the other by out-of-power liberals and their allies in the State and in the press — a news flow that constantly forces me to focus on matters that I regard as of secondary importance to the excess deaths. What kind of political economy is it that halts or even reverses the increases in life expectancy that civilized societies have achieved? I am also very hopeful that the continuing destruction of both party establishments will open the space for voices supporting programs similar to those I have listed; let’s call such voices “the left.” Volatility creates opportunity, especially if the Democrat establishment, which puts markets first and opposes all such programs, isn’t allowed to get back into the saddle. Eyes on the prize! I love the tactical level, and secretly love even the horse race, since I’ve been blogging about it daily for fourteen years, but everything I write has this perspective at the back of it.

90 comments

  1. craazyman

    Lots of great links today, Lambert. Thanks for your efforts. I’ll add one more of potential interest simply because I found it so impressive and to the point.

    This is a half-hour interview by Bill Moyers of John Reed, former head of Citibank in the 1990s. I watched it all the way through, with unflagging interest and appreciation.

    Mr. Reed offers a plain-spoken and informed critique of contemporary banking, finance and politics. His critique is all the more powerful because he ran Citibank when it merged with Sandy Weil’s Insurance company and tore down Glass-Stegal in the 90s, and because he repudiates — in a plain-talking honest and straightforward way — his decisions at the time, the repeal of Glass-Stegal and the entire edifice of thought that led to today’s financialization of political economy.

    I’ve never met him and I never will, but he comes across as a decent man, with intellectual integrity and a social conscience (although I suspect you don’t rise to the top of a global bank without having some degree of cunning; more than I’ll ever possess for sure).

    Anyway, for folks whose appetite for strident ad-hominem rhetoric and intricate hair-splitting legal analysis is a limited as mine is, Mr. Reed is an antidote on his own.

    http://jessescrossroadscafe.blogspot.com/

      1. just me

        I hereby interrupt the comment I was writing, in which I wished Bill Moyers would interview Alan Moore, who wrote the original V for Vendetta, source of the Guy Fawkes masks many Occupants wear, to say, W.T.F.? I had gone to youtube to find V’s “People should not be afraid of their governments, government should be afraid of their people” clip. I wanted the whole passage, not just the one line, so I looked for a longer youtube. Which is how I clicked on this one — which turns out to just be the soundtrack music, not it. But the big W.T.F. is for the ad that preceded it: It starts out with scenes of the Arab uprising and OWS and bin Laden dead… and turns into an ad for Obama! For Pete’s sake — Obama! Obama’s trying to hijack V, and OWS, and people being afraid of their government! Nice ad placement there, big brother.

        1. LeonovaBalletRusse

          just me, thanks for the tip. That duplicitous swindler *don’t miss a trick*.

          It’s time to BUST Oreobama. People, Occupy Charlotte 2012:

          BILL BLACK/YVES SMITH 2012: JUSTICE FOR THE PEOPLE NOW
          Chris Hedges: Secretary of State

          1. just me

            Ad has changed today — yesterday’s was about sending your questions to Obama for yesterday’s online townhall or whatever it was — today it’s an ANTI Obama ad, about him knifing Solyndra/employees in the back, by Americans for Prosperity. I guess everyone wants to commandeer a line to/on V people. Huh.

          2. just me

            And I thought I had found my own personal channel to the Media Brain that Controls Us All… today it’s an ad for cool people to watch new series I Just Want My Pants Back. :-‘

    1. Pwelder

      wrt bankster accountability: I gather from news and comment over the weekend that at least one prominent profiteer is paying a price for his ride on the gravy train.

      I’m referring, of course, to Newt Gingrich. The Romney campaign has been dumping Fannie and Freddie all over him in the Florida primary – and what do you know, it’s working! Even in a Republican primary!!

      Well, hey, it’s a start.

  2. dearieme

    Foreclosure: her council may indeed be odious, but the comparison to Nazis implies that she’s stupid, ignorant, hysterical or dishonest. I feel much the same about people who don’t like their jobs and compare them to slavery: fools or knaves.

  3. Rex

    The 55 gal of lube link was rather unexpected, but, indeed, the product reviews are great. Still chuckling.

    1. Rex

      Also in the “Customers Who Viewed This Item Also Viewed” list, the $4K toilet has delightful artistic renderings of possible installations.

        1. aletheia33

          excellent alternative to a guy fawkes mask, and it’s under $30. occupiers could really do something imaginative with this. i am getting bored with watching people screaming at buildings and cops and getting thrown into bland white vans. oligarchs and corporatocrats do not know what to do about nonviolent nose-thumbing. people who are hurting need to laugh. and the sillier it is, the more the media love it. also ladies, please get ready to take off everything above the hips, too, there’s the opposite of violence for ya. let’s get on with it.

    1. Richard Kline

      Yes, very good news out of Longview; it isn’t over, but the endgame is defined. For those who didn’t click through: ILWU did _not_ win the concession of getting sole contract for grain terminal work, but this is a fig leaf. All ILWU members were added to a pool for hires, and experience qualifications in the work screen out many of the scabs due to be used. Those hire will have ‘the right to collectively bargain’ for conditions & etc. rather than ILWU contract boilerplate. However, most of those hired will clearly be the ILWU members who live in Longview and have done this work for many, many years, and furthermore the ILWU contract terms are far better than the supine rip-off terms which the excluded scab contractor was going to offer, so even in the case of out-of-area hires they’d be insane not to sign on to become, in essence, under an ILWU contract whether or not they go for the union card. In short, most of the hires will be long-term union local members, and the prevailing standards of the contract are highly likely to be settled on in the end (though all eyes must be on the final contract).

      This is a significant win for organized labor as things stand. Solidarity, publicity, and work interdiction succeeded here—as ever in labor history. The rest of the US needs to take this lesson and walk the walk with it. Of course, the _mainstream media_ can’t say boo on this; not with all the Koch’s up their wallet cracks &etc. So publicize it yourself folks. Organizing wins; it always has. It’s painful, and a drag, no one wants to have to do it, but it’s better than having your nuts cut off so there it is.

  4. Amateur Socialist

    This story on NPR caught my attention this morning – in a collaboration with ProPublica they have done an investigation of trading activity at Freddie Mac. Didn’t see it covered elsewhere wondered what the implications might be…
    Headline: Freddie Mac Bets Against American Homeowners

    http://www.propublica.org/article/freddy-mac-mortgage-eisinger-arnold
    NPR version:
    http://www.npr.org/2012/01/30/145995636/freddie-mac-betting-against-struggling-homeowners

    1. Praedor

      I heard that story and spewed coffee near the end when NPR stated that there is no evidence that Freddie Mac’s investments AGAINST homeowners was affecting their (high) level of denial of refi.

      My ASS. Occam’s Razor, simple logic, 1+1=? all say of course Freddie is using its position of power over mortgage victims to strengthen its investments. A complete and absolute moron can see this…but then we are talking about NPR ‘reporters’ here and they are worse (usually) than complete and absolute morons.

    2. Yves Smith

      The PP article is really off base. Retaining the inverse interest bonds is normal normal normal. This is tantamount to being scandalized that married couples have sex. Someone really spun PP. It’s a terrible piece but anyone who does not know this space will be snowed.

  5. yoganmahew

    That story from the UK is not about foreclosure, it is about debt enforcement using bailiffs. Once the bailiff process is completed, the bailiffs will be entitled to seize goods to the value of the (usually by then vastly inflated) debt, but they cannot foreclose on the house.

  6. spooz

    Is that an English Shepherd? I would love to have one some day, when I am ready to do some serious training.

      1. KatieKat

        I think the antidote is a Border Collie – a highly trainable (frisbie, obstacle course, sheep, etc.), medium-sized herder.

  7. Nikki Turner

    Many thanks for the Link NC.

    In reply to the comment from dearieme; I suggest she/he read some of the dreadful and shocking accounts of bailiff behaviour on the internet. As I pointed out, some bailiffs go to great lengths to look the part in order to be as intimidating as possible (bald head, heavy duty boots, black leather jackets) before turning up unannounced to visit people – including very vulnerable people. It is quite common practice that they wedge a foot in the door and then use verbal threats to try and gain entry. Of course, if you are silly enough to leave a door or window open (which you may well do if you think you are living in a democracy and have no idea a bailiff is coming), they don’t even need the threats to get in.

    Thanks to the wisdom of the previous UK Government, once they (bailiffs) have gained entry, they can use ‘reasonable force’ to restrain people who try and protect their families or property. Define ‘reasonable force’? I don’t think some bailiffs would have the same definition.

    So what we have here in the UK is a system whereby thugs can turn up at your house, use threats and intimidation to get in and then use physical force against you if you object to their actions – which you may do because you may have no idea why they are there thanks to Courts rubber stamping warrants without contacting the alleged debtor. And for this you may be expected to pay hefty and illegal fees.

    We can (apparently) consider ourselves lucky that the ruling allowing bailiffs to confiscate your pets, was ultimately not allowed – although it was suggested.

    Given the economic climate in the UK, we can expect many more people to fall behind on Council tax or parking fines etc. It’s happening already which is why bailiff firms are making millions of pounds in profit and are becoming more and more aggressive. When it escalates (in the near future) we can expect an epidemic of authorised thuggery to spread across the UK. Perhaps you can give me a better description of this conduct other than the very similar tactics used by the Nazi party in the early 1930’s? I agree of course, nothing can compare to the savagery of those days but the 1930’s are the ultimate example of how unchallenged brutality can rapidly get out of hand.

    I would make the point – not all bailiffs behave like this and it is a great shame those that do are giving all bailiffs a bad name.

    1. LeonovaBalletRusse

      Well then, what’s a Monarchy for, if not to *shock* its citizens into submission:

      “Tavistock also played a crucial role in the creation of the OSS … undr th guidance of Dr. Kurt Lewin, with help from Allend Dulles, the German NAZIs and he U.S. Joint Chiefs of Staff.” (0:55/5:26)

      “‘Research into the use of microwave weapons and their use for mind control began in the 1950s at Tavistock. The UK Institute was researching into ways of mind controlling the British population without their knowledge.’ [Tim Rifat: Microwave Mind Control]” (1:15/5:26)

      As said “Frederick GATES: Chairman of the Rockefeller-established General Education Board (The World’s Work, August 1912): ‘In our dreams, people yield themselves with perfect docility to our molding [sic.] hands.'” (0:09)

      http://www.youtube.com – “Tavistock Institute for Global Manipulation” by 4GNUs3 on Apr 25, 2009) – http://www.youtube.com/watch?v=vZG0b02zCdg

      Connects with “MI5, RAND, Stanford Research Institute, The Sloan School at MIT, Wharton: University of Pennsylvania, The Heritage Foundation, Esalen” et al. Check it out. [Cf. “British Corruption (MI6) London” and xref Michael Ruppert on YouTube. Don’t you know Obama has been made an offer he cannot refuse?

    2. Praedor

      Over this side of the pond, many of us are armed and wouldn’t go for thugs coming along and trying to steal our shit.

      Looks like Jolly Ole England has decided to go full-on towards a Charles Dickens type of society.

      By the way, Charley Dickens wasn’t offering his writings up as an homage to a great way of life, he was CRITICIZING that shit. Ya’ll gotta quit trying to use Charley Dickens’ writings as a howto manual over there (and here vis a vis the Teabagger Party).

    3. Schemp

      Reaching for the Nazi comparison is often overwrought (see Godwin’s law), but it is worth noting that in fact the Nazi’s moved first against the Jew’s property, seizing businesses and assets, and once stripped they were deported, and eventually worse.

      1. Praedor

        Godwin himself has noted that not all reference to Hitler and Nazis as an illustration is not automatically a violation of Godwin’s Law. Sometimes it is fully defensible to use Hitler and/or Nazis as a metaphor or as an example or comparator.

    4. Maximilien

      @Nikki: “We can (apparently) consider ourselves lucky that the ruling allowing bailiffs to confiscate your pets, was ultimately not allowed – although it was suggested.”

      Pets held for ransom!? The mind is repelled. What will they think of next, forcing you to watch while your dog is waterboarded?

  8. john

    Speaking of snowy owls, I got to see this guy while I was visiting my wife in Urbana, IL:

    http://www.youtube.com/watch?v=JPt4TwAa12U

    Here’s his intake report:

    http://hedwig.vetmed.illinois.edu/cgi-bin/RaptorMedCGI.exe?patient=20120001-01

    (Not to point out the obvious, but there is also a donate button on that page to contribute to his care. If you can help, they’d be much appreciative!)

    Other patients included barred owls and a hawk (can’t remember what type). There’s a great horned owl that is a permanent resident! Just beautiful. Seeing him up close…incredible.

  9. James

    Where oh where have all the Smedley Butler’s gone? Gotta love that first name as well. Very working class. Still a few warrior patriots left – Andrew Bacevich comes instantly to mind – but not many. Might have something to do with Lambert’s piece yesterday on focus on mission. Or the fact that the all volunteer force preselects for the most rabid and/or economically dependent. The term “shared sacrifice” is certainly well on its way to planned obsolescence.

  10. wunsacon

    From the Noahpinion / Atlantic article:
    >> “The warfare-welfare state”

    This phrase, lumping the two words together, reflects an agenda, like using “death tax” instead of “estate tax”.

    1. Praedor

      “Estate tax” doesn’t accurately describe it either. It is a LOTTERY tax. Those who inherit great wealth didn’t WORK for it. They didn’t DO anything to “earn” it. They merely won the lottery and as with all lottery winnings, it needs to be taxed fairly heavily.

  11. Frowner

    I say this as an anarchist (and someone who was around some of the first black blocs) because I think that you, Yves, and your readers will believe what I say, or anyway give it some credit:

    1. A lot of folks get really jumpy about unknown photographers and videographers at protests because, basically, we’re often getting filmed by the police because they’re compiling dossiers on anarchists. A photographer or media person who doesn’t identify himself or who seems really dodgy is often a cop. This absolutely 100% does not excuse hitting anyone, but it is the climate in which this stuff occurs. I’ve had friends held on the floor at gunpoint by police for quite literally nothing more than running a media center that I promise you’d find innocuous; I’ve been in meetings where informants actually told lies and set people up; I’ve been filmed by cops in an attempt to make perfectly legal, nonviolent, ordinary protest methods look dodgy. I am not a black bloc/high drama anarchist; I’m much more of the community center/youth program organizer variety, very ordinary in appearance and manner. But even so, the level of surveillance and repression I’ve seen is incredible. Again, this does not excuse hitting anyone, ever, but please understand the kind of pressure some folks are under that may push them to make bad choices.

    2. On another note: black blocs are tricky because they are good hiding places for agents provocateurs – all you need is someone who is relatively young and doesn’t totally look like a cop to dress up in black and throw rocks or hit someone. I’ve seen this myself. My experience leads me to believe that when a person gets hurt (as opposed to property) there are agents provocateurs involved. Whatever you may think of property damage/window smashing/etc, my experience with anarchists in the US is that there’s an informal movement consensus against hurting people or doing things that have a high risk of hurting people. People may have inflammatory rhetoric, but in general they are fairly gentle individuals.

    1. Lambert Strether Post author

      My understanding (and I’m in a rush right now so no link) is that there’s considerable debate in Oakland about prohibiting streaming, with the advocates of black bloc tactics arguing to prohibit. Imagine if Tahrir Square had gone dark with no camera!

      Thanks for the thoughtful comment; I do understand that the situation is complicated and fluid and dynamic.*

      Also, I hope you continue to comment on these matters. They’re far more interesting and important than the primariez….

      SNARK EXCEPT NOT * It’s not like there’s a three-ring binder for this stuff. Well, except for provocateur-infested, manipulative, misogynistic, and fee fee-driven ’60s-groups going down the violence cr*pper. But it’s not like history ever repeats itself. After all, sometimes the color of the clothing changes.

  12. Jess

    Re Bailiffs in the UK. Do you now see the value of our
    Second Amendment?

    Do you think the bailiffs would try to force their way in if they were looking down the barrel of a gun?

    Now that the British population has been emasculated and made neofeudal vassals by their gun control laws, I would suggest a large ax be kept by the front door to deal with booted feet stuck into the doorway.

    It would be nice to have a thumbnail description of what the law re collection in the UK is rather than having to learn from a narrative.

    1. AccruedDisinterest

      So, because of the right to bear arms there are no foreclosures taking place in the US?

      I don’t have any data at the moment, but I’m going to have to refute that claim, respectfully.

      1. Praedor

        Foreclosure is one thing, busting in and stealing your non-house items is quite another.

        And as for foreclosure, you can be damn well certain that if the bank tried to foreclose on MY house, they would be looking at some full metal jacket because 1)we are not in any way behind in our mortgage and will actually pay it off almost 15 years before term, and 2) it would be, by definition, a fraudulent attempt to rip us off, and 3) bankers are less than human so…who cares what happens to them?

        1. AccruedDisinterest

          Woody Guthrie’s, Pretty Boy Floyd:
          Yes, as through this world I’ve wandered
          I’ve seen lots of funny men;
          Some will rob you with a six-gun,
          And some with a fountain pen.

          And as through your life you travel,
          Yes, as through your life you roam,
          You won’t never see an outlaw
          Drive a family from their home

    2. chasd00

      I live in Dallas TX, if you point a gun at a uniformed police officer you WILL be killed. End of story.

      Better to just take a peep through the peep hole before you open the door. That’s why they’re there anyway.

        1. LeonovaBalletRusse

          Jess,

          “The earth is an oyster with nothing inside it,
          Not to be born is the best for man;
          The end of toil is a bailiff’s order,
          Throw down the mattock and dance while you can.”

          (first chorus of “Death’s Echo” by W. H. Auden)

    1. James

      Lucky them. I think a lot of first world (in particular) societies’ populations will be shrinking by 2060, whether they’re projecting it now or not. Deindustrialization, whether forced or voluntary, will have that effect. Japan, especially dependent on nuclear power, will be especially vulnerable to fossil fuel energy shocks if they forswear nuclear in the aftermath of Fukushima as expected. And as the vertically integrated global supply chain fades into the realm of failed grand experiments, Japan’s export economy will fade right along with it. Likewise the population that was brought into being based on the quaint notion of perpetual exponential growth. A ponzi scheme by any other name.

    2. Jim Sterling

      30% in fifty years? That’s 0.7% a year. I bet you anything that doesn’t happen, and here’s why: what the forecasters don’t factor into their trends is the freakout that employers and landlords throw when they can’t find labor or tenants. They usually fix the non-problem by encouraging cheap labor migrants in.

      In the event that they don’t succeed in attractng immigrants, then the young Japanese will find themselves in demand as labor (hence high wages) and as tenants/housebuyers (hence low rent and cheap mortgages). That’s a recipe for starting a family, and so stopping the population going down further. The pundits are going to look silly in fifty years time when it becomes obvious they were indulging in the equivalent of predicting in 1900 that New York would be elbow deep in horse manure by 1950.

  13. Crazy Horse

    Yves, care to comment on this positive take on the Schneiderman appointment? (ww.huffingtonpost.com/robert-kuttner/eric-schneiderman_b_1240453.html) Sure would be refreshing to have a nice sunny outlook instead of being so damn cynical, but every time I hear about “Change We Can Believe In” I gag on my breakfast cereal. Obama biting the hand that feeds him? Flying pigs filling the sky?

    1. Praedor

      I’ll believe it is a good thing(tm) that Schneidermann got pulled in only when I see REAL results, meaning top execs from big banks and wall street firms actually getting indicted and arrested. Until then, all I see is a NY State AG jockeying for some primo position in a second Obama Administration…maybe he has his sights set on Holder’s chair…

      1. LeonovaBalletRusse

        Praedor, Schneiderman’s eyes on AG post sounds likely. Do you thin that might affect his prosecution of Monopoly Finance Agents in *mortgage banking*?

  14. MyLessThanPrimeBeef

    That was one of my predicitons – an Anti-Bonus Army in 2012.

    Maybe I will be right on something one of these years.

      1. TomOfTheNorth

        They were grey owls – big – lots of cats and a few smaller dogs went missing during the two weeks the owls took up residence.

        Strangely the owls would swoop on cars driving at night, something about the headlights. Really freaky when it happens. Although it’s a mantra here not to swerve for critters (deep ditches, big trees), awful hard to control the impulse when a ginormous bird unexpectedly bounces off the windshield. Fortunately no major injuries to drivers but body shop business picked-up considerably

  15. LeonovaBalletRusse

    Re: “If Obama’s serious …” in Pravda (re FU) — the Pravda piece by Barry Ritholtz is entitled: “A modern Pecora Commission could right Wall Street wrongs”

    Two recommendations for New Pecora and Special Prosecutor: WILLIAM K. BLACK and ABIGAIL CAPLOVITZ FIELD.

    Where is our New Smedley Butler, to make our investigation deep and complete?

  16. LeonovaBalletRusse

    Re: “Female attendance” at Davos — ratio of qualified women/men in finance and Economics still far-from-equilibrium when it comes to balanced, SANE SYSTEMS.

  17. LeonovaBalletRusse

    re Atlantic piece conclusion: Manufacturing *production* way up. But why? Is it the record of squeezing blood out of the turnip of American labor, while the Execs slurped and slurped and slurped and slurped?

      1. skippy

        Police Assault on Occupy Oakland: A First-Hand Account

        Posted by onehundredflowers on January 29, 2012

        This comes from Boogie Man Journal.

        Kasama… http://kasamaproject.org/2012/01/29/police-assault-on-occupy-oakland-a-first-hand-account/

        ———-

        What really happened at Occupy Oakland – Read my firsthand account, not the news. Please Spread. (self.politics)

        dikirimkan pada 1 hari yang lalu oleh baked420

        Riddit… http://id.reddit.com/r/politics/comments/p1m34/what_really_happened_at_occupy_oakland_read_my/

        ———-

        Boogie Man Journal

        Bouncing Through The Layers and producing interesting (and sometimes funny) content.

        http://networkedblogs.com/tiQ7f

        ———-

        Seems awfully funny too me. Seems the author is clearly stated in all accounts.

        Skippy… I picked it up off the Occupy Brisbane FB page, to harm intended. WE ARE ARE 99% – with a copyright clause fetish?

  18. LeonovaBalletRusse

    re “Tammany on the Delaware” Christie is “Capo de’ Cap'” — follow the money and the DNA to top picks: Fiorelli and Hannan (Archbishop Philip Hannan of New Orleans, deceased) for the “NOBILITY and Analogous Traditional Elites in the Allocutions of Pius XII” (York, PA, 1993). “FUNNY MONEY” (Singer) and “IN GOD’S NAME” (Yallop) — connect with Bush Dynasty from Holy Roman Reich III through Reich IV

    Not for nothing did the Bavarian Hitler Jugend agent Joseph Cardinal Ratzinger (see input: “NOBILITY”) become Pope Benedict XVI for Bush Dynasty DNA back to Babylon.

  19. LeonovaBalletRusse

    Re *Noahpinion* piece — get REAL. What happened to taxpayer-funded DARPA? It became the CASH COW for the .01% and their 1% Agency. What about Verizon and ATT profits? Just what is the “Facebook* IPA expected to raise for the .01%-1% before they ring in the suckers for the reversal?

  20. LeonovaBalletRusse

    Click on the photo of the beautiful dog and go to Corrente: Jane Goodall and her Chauncy, with more pix during Day of Peace. Thanks, Lambert Strether.

    Q: is the dog named for the *hero* of “Being There” by Jerzy Koscinsky [sp?]?

  21. AccruedDisinterest

    Re: Topless bodies found in Davos panel:
    Liberté, Égalité, Fraternité, Nudite’!!

    1. Lambert Strether Post author

      No, no. Crudite’ this being Davos.

      Actually, this was a half-***ed riff on the famous “Headless body found in topless bar” but hey! Not all my jokes are good.

      1. craazyman

        I remember the very day that headline appeared on the cover of the New York Post.

        I knew, even at that time, I was an eyewitness to tabloid history in the making.

        It was Rupert Murdoch’s finest hour.

        1. AccruedDisinterest

          I guess we can assume the headless one (can we refer to him as icky bod?)had his smart phone hacked?

  22. Valissa

    As always, Pepe Escobar delivers…

    All that glitters is … oil http://www.atimes.com/atimes/Middle_East/NA26Ak02.html

    BRICS members India and China, together, buy at least 40% of Iran’s oil exports, roughly 1 million barrels a day. That’s 12% of India’s oil needs. As for China, last year it bought 30% more oil from Iran than in 2010, an average of 557,000 barrels a day. The real “international community” is now very much aware that India will start paying Iranian oil with gold – and not only rupees, via Indian state bank UCO and Turkish state bank Halk Bankasi. Beijing – which already trades with Iran in yuan – may also turn to gold. Needless to say, both Delhi and Beijing are major gold producers and holders of gold assets.

    Talk about the Year of the Dragon starting with a bang. And talk about the new Year of the Dragon gold standard. … the oil-for-gold program, a BRICS + Iran initiative that will benefit the Islamic Republic leadership and perhaps alleviate the effects of sanctions over the Iranian population. Global consequences: gold shooting up, petrodollar going down, oil traders opening bottles of Moet in droves. Another BRICS member, Russia, is already trading with Iran in rials and roubles. And an aspiring BRICS member, Turkey – also a NATO member – will not follow the US/EU sanctions unless they are imposed by the UN Security Council (a no-no, because permanent members Russia and China would veto it). … trends in the – overcast – horizon point to what could be dubbed an Asian Dollar Exclusion Zone, which for many sharp minds in the developing world might pave the way for an energy-backed currency used by the BRICS and the Group of 77 (G-77) to counter the increasingly desperate – and clueless – Atlanticist West.

    Recommend reading the whole column!

    1. Crazy Horse

      Just imagine what would happen if Canada decided it would only accept gold as payment for tar sand. You’d better resurrect Camp Hale right away, and drag all those WW2 wooden skis out of the closet. Sorry, I forgot that Halliburton is the only approved ski shop for arctic troops, and their cheapest model costs $5,000 per pair. We Canadians have already started a crash program to breed more sled dogs for the Mounties—.

      1. LeonovaBalletRusse

        Crazy Horse, thanks for the inside info re “Halliburton Ski Shop: Sole Provider.” Looks like Halliburton is poised to replace WalMart and Ambercrombie & Fitch when the North American Union for the Bush Security Prosperity Partnership for Mexico-US-Canada pans out for Greater Homeland Security via Global Polizei.

  23. LeonovaBalletRusse

    BBC News: “J’accuse! How Europe became a dirty word…”

    Do freedom fries come with that?

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