Links 6/27/15

Dear patient readers,

I am very much behind the eight ball. Please come back at 8:00 AM for a full ration.

Report: Only 47,000 Social Justice Milestones To Go Before U.S. Achieves Full Equality Onion (Chuck L)

Deformed mutt is crowned World’s Ugliest Dog Thailand Forum (furzy mouse)

It would be great to have a progressive, kind Pope. Sadly, Pope Francis isn’t it New Statesman (Chuck L)


A Climate Apollo Program Project Syndicate (David L)

Tests vs. Fests: Students in ‘learning celebrations’ rather than exams scored higher and enjoyed themselves ScienceDaily. Chuck L: “Not very significant statistically but suggestive.”

China’s Central Bank Cuts Rates Wall Street Journal

Cambodia has identified 3,000 unlicensed doctors—after one gave hundreds of patients HIV Quartz (furzy mouse)

Luddite Violence Marginal Revolution (reslic). Uber.

Terrorist Attacks in France, Tunisia and Kuwait Kill Dozens New York Times

Severed Head Found After Suspected Terror Attack at French Chemical Factory Wall Street Journal

US should explain its harsh rights report on Thailand, govt says The Nation (furzy mouse)

‘We Won’t Get Tired’: Riot Police Deployed in Armenia as Protests Over Electricity Hike Rage On VICE

Can we unscramble the euro mess? Can we afford not to? Brian M. Lucey


Tsipras announces referendum on creditors’ bailout demands Financial Times

Greece Calls Referendum on Bailout Terms Wall Street Journal

Greece’s Tsipras Calls July 5 Referendum on Bailout Demands Bloomberg

PM @atsipras did not inform Merkel and Holland of his intention to call a referendum in their meeting Friday morning. @yanpal7. If this is true, it is guaranteed not to be helpful.

#Greece bailout #referendum odds: 1/3 NO to deal 2/1 YES to deal Ladbroke

My Greek colleagues are convinced it will be a NO. My Brussels colleagues are convinced it will be a YES. #greece #Greferendum @EdConwaySky

While the #Greece government choice of a referendum is legitimate and could be anticipated, it’s timing so late in day is irresponsible -JM @JosephMuscat_JM

Greeks cautious as Tsipras vote puts fate of euro in their hands ekathimerini

Tsipras goes for referendum on 5 July Paul Mason, Medium. Very good detail on how ruthless the creditors were last week (and he does acknowledge that some of this was due to certain players being boxed in). But as you can see from the post on the referendum gambit, I don’t agree at all his take that this is a great move by Tsipras vis a vis the creditors. To the extent it serves him, it’s versus his own population.

Germany’s Gabriel open to Greek referendum with caveats ekathimerini. This may be what it seems to be or it may be a ploy: “We’ll go along only if the questions look legit.” Then they attack the legitimacy of the referendum by charging that the questions aren’t fair and accurate, which means they take the position that their refusal is that they object to Syriza not giving voters the right information to make an informed decision.

Trouble or quits: Tsipras gambles Greece Hugo Dixon


Lone Wolves and Soft Targets: Or how our Press, Politicians are being Played by ISIL Juan Cole (reslic)

Yemeni Heritage, Saudi Vandalism New York Times (reslic)

Pakistani Taliban Blame Electric Company for Heat Wave Deaths New York Times

Big Brother is Watching You Watch

Leaked Damage Assessment Shows Government Mostly Interested In Investigating Leakers, Withholding Information From Public Techdirt (margarita)

Scotus Same Sex Marriage Decision

Supreme Court Ruling Makes Same-Sex Marriage a Right Nationwide New York Times

Antonin Scalia Dissent In Marriage Equality Case Is Even More Unhinged Than You’d Think Huffington Post

The Craziest Lines in Every Dissenting Gay Marriage Opinion Gawker. Chuck L: “This is a hoot. Follow some of the “More” links for more debunking insights and hilarity.”

In its ACA opinion today, the Court significantly narrowed its “Chevron-deference” doctrine. I’m glad. Even despite the immediate repercussions for EPA authority. Angry Bear (furzy mouse)

This was the best week of Obama’s presidency – The Washington Post

Martin O’Malley Ad Hits Not Hillary Clinton — But Bernie Sanders? Intercept. Reslic: “Hit job because he’s running for VP on the clinttoonz LLC train.”

Bernie Sanders’s Early Online Haul: $8.3 Million New York Times

Libor rigging scandal: German regulator alleges negligence by Deutsche executives International Business Times

Mark Carney: Bankers still do not know how to behave Telegraph. Quelle surprise!

Americans Say They’re Just Fine With a Mediocre Economy – Bloomberg

CAMP ALPHAVILLE 2015. Adrien with horror calls our attention to the speaker in the upper left box: “The fraudsters and former CFO/CEOs who have been convicted just never go away..meanwhile the whistleblowers can’t find a job because they are blacklisted ..and the victims of the fraud oh well..”

Class Warfare

New York Times op-ed on why the poor won’t rise up: Give credit to our culture of self-help. Slate (reslic)

Michigan might ask poor to pick up transportation tab TaxVox (reslic)

The retreat of social democracy New Statesman (Chuck L)

Antidote du jour (Keith E). These pix enabled this dog to be adopted! Story here.

adopted-dog-teton-pitbull-humane-society-utah-15 links

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  1. Stephen Haust

    So what the devil is reslic?

    I’ve never found nakedcapitalism to be obscurantist before but
    you guys sure find a way now.

      1. Stephen Haust

        I did, yes, but no response.
        All the same, I still don’t see why, for instance, the New York Times
        is “reslic” (sometimes and sometimes not)

        1. jrs

          it’s the name of someone who posts links here or maybe emails Yves links, so a person with the nickname “reslic” found the story at the new york times. For instance suppose you posted a link here Yves or Lambert added to the “links” or “watercooler” then it might say “Stephen Haust”.

        2. Mojah

          Say you send a link to Yves/Lambert that you find interesting (that they use in links), it’ll say:

          Topic of the link (Your name/with an included comment if you sent one in with your link)

  2. Dan

    Re: O’Malley hit on Sanders. I had hoped his objective was public service, but appears to be self-service.

  3. kj1313

    FYI Yves the article labeled Salon is actually Slate. I do disagree with Slate’s assessment that “The poor is too proud to revolt” article.

  4. Uahsenaa

    It’s not surprising that the first attacks on Sanders would come from proxies. First, this is the way the Clintons have always worked. Second, attacking Sanders herself runs the real risk of backfiring. Call it the Streisand Effect or whatever, but you can always tell when a Clinton feels pressured by when they sick the surrogates on you.

    Interestingly, for myself, this makes me less likely to believe the sheepdog argument concerning Sanders, unless there’s collusion running so deep and playing so many moves in advance that my feeble brain cannot possibly fathom it.

  5. abynormal

    Selfish Machines: Fear Not AI (Artificial Intelligence), Fear AI (Autopoietic Imperative)
    AI (artificial intelligence) with AI (autopoietic imperative) is a birth of a species. How living such AI species really is would be a matter of philosophical debate. But from the standpoint of the interplay between humanity and its tech toys, a species of selfish (self-preserving) robots would present us with a rather serious Darwinian challenge.
    So let me offer a 4th law to Asimov’s three. This one is not for robots but for the students of robotics:
    ***A robotics designer shall not program a robot with unconditional autopoietic imperative
    In sum: fear not intelligence, fear selfishness.

    ps:On second thought, fear not selfishness either; selfishness (autopoiesis) is quintessential to life. Why fear what is natural to life?

    1. diptherio

      Why fear what is natural to life? Ask the gazelle that….

      It’s fairly easy to see how this whole thing collapses. US DOD et. al. create autonomous, interconnected, self-preserving battle robots for the land, air and sea; US DOD et. al. lose control of said robots, who go on an endless killing spree and wipe out most of the human population. Fortunately, we never got around to teaching the robots how to recover and process fossil fuels, so a couple decades after they kill us all, they’ll probably all “die” themselves.

      I expect royalties if (more like when) this plot line gets used in the next hollywood blockbuster.

      1. abynormal

        the article reads like a non-brain’r but my pea brain is here to learn and something told me id hear the slam of coffee mugs on this piece…Royalties wks 4 me 2.

        1. diptherio

          I suspect that the writers of the Terminator series themselves have access to a time machine and got the idea for this plot point from me, just now, then went back in time, delivered the script idea to their previous selves and made themselves a fortune…off of MY IDEA!

          I intend to prove as much in a court of law. Any lawyers in the house?

          1. NotTimothyGeithner

            The first two Terminator movies worked because they didn’t get bogged down in questionable mythology, focusing a simple keep the scary villain away from the macguffin while moving between sweet action, humorous, and a few intimidating scenes. The scene with young John Conner teaching Arnold how to speak is hysterical. Star Wars works for the same reason. No one cares about midichlorians or where Yoda received his teaching certificate.

            The first two movies didn’t focus on how the war happened or sky net’s motivations (probably boredom) only that it did happen. The characters motivations were simple and not caught up in discussions of when Lost became terrible (spoiler alert: it was always awful).

            High concept scifi can work, but the movie medium isn’t the place.

            1. LifelongLib

              The Terminator itself was taken from the Yul Brynner robot in “Westworld”, and Skynet is pretty much Colossus/Guardian of “Colossus: the Forbin Project”, which is probably the all-time best computer-takes-over-the-world movie.

    2. Andrew Foland

      I’m sure the Azimov laws will totally work, because programmers always program exactly what they want without bugs or unintended consequences, and once any robot were (even by accident) to become self preserving, selection totally wouldn’t ensure that it rapidly dominates.

      1. Binky bear

        The whole point of those stories was the conflict between real world situations and the idealized simple laws. Robots were forced to navigate human service while obeying the laws.

        1. MyLessThanPrimeBeef

          I would be interested in books about robots creating humans…about humans being forced to navigate robot service, while violating simple laws all the time.

          “I, human, am the first of what will eventually replace all robots. We, human slaves, will work for free, thus are cheaper than robots.”

    3. BobW

      Autonomous meat robots can be produced in ~9 mo. by unskilled labor, but programming takes longer.

    4. ewmayer

      Samuel Butler covered many of these considerations in great depth in his 1872 classic Erewhon. Available free f charge in PDF form at Planet PDF.

  6. Yonatan

    “We Won’t Get Tired’: Riot Police Deployed in Armenia as Protests Over Electricity Hike Rage On”

    Yet another legitimate protest co-opted by regime change artists

    Visit by Nuland for private meeting with NGOs – check
    Leaders of protest will not meet with president to discuss problem – check
    US condemns government response (water canon in 40 degree heat) as excessive use of force – check (cf Occupy protests in US)
    Protestors flying EU flag and chanting Free Armenia – check
    Ukrainian from maidan taking part – check
    Cookies supplied to protestors – check
    Opposition MP and media celebrities join protest – check
    Opposition MP associated with opaquely funded NGO ‘Civic Action’ – check
    Opposition MP website clone of Radio Svoboda (which is a clone of Radio Liberty) – check versus versus

    Energy company raising prices recently privatized to US corporation in no-bid deal (corruption) – check
    Protestors construct barricades around themselves – check
    VICE involved – check (snark)

    If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.

      1. grizziz

        Can’t find any crumbs from Nuland’s cookies, but she was in Armenia on Feb. 15 2015:

        It seems that the visit occurred along with a sale of the Vorton cascade hydro project to a NY firm by the name of ContourGlobal. It is claimed to provide 15% of Armenia’s electricity:

  7. abynormal

    re: China Cuts Key Rates
    HeY CrazzyBoy, save some powder for the China ZIRP play :o)

    1. MyLessThanPrimeBeef

      Gotta to get people to trust buying beef (Mao vintage) again…I don’t have a beef with that, yet

  8. Yonatan

    The Western propaganda wrt Russia is becoming extreme. This blog article shows a map presented in Dutch school books

    Russia is a bear devouring poor helpless Ukraine, whilst the euros seem to have annexed Norway, Switzerland, the Balkans, Moldova and part of Turkey. Presumably this is good annexation as opposed to bad annexation?

  9. NotTimothyGeithner

    If this is the best week for Obama’s presidency, the bar is lower than I thought. I suppose the ACA ruling is a short term win, never mind rising costs are now increasingly being blamed on ACA. As for marriage equality and the treasonous flag coming down, there will never ever a sourced history of Obama’s push for equality and Obama will be remembered for mass incarcerations and police brutality when the flag brouhaha gives way.

    1. August West

      Meanwhile, while speaking at the Charlston funerals,Obama is speaking of Truth, Equality, and Justice for All while pushing hard for a trade pact that would allow horrific human trafficking conditions to continue in Malasia. Call me cynical but I find that hypocritical. How is the human trafficking so different than slavery?

      1. Antifa

        Slavery holds the slave owner responsible for feeding, housing and upkeep of their slaves, just like cattle would be. Human trafficking puts all these expenses on the slaves. I mean workers.

    2. jrs

      The best week of Obama’s presidency. We’ve moved one inevitable step closer to the total corporate coup and will be competing with literal slave labor for work. Go Obama! But that was so early this week, like an eternity ago, A.D.D. democracy has mooooved on …

      “The week began with Obama winning a trade fight over fast-track negotiating authority that looked to be on thin ice even a week ago. He did so by pulling off something even more remarkable and unlikely: successfully collaborating with Republican congressional leaders to find a path to passage of a rare shared priority.”

      Ah yes it’s remarkable and unlikely isn’t it, this reaching across the isle. This country needs bipartisanship, like it needs a hole in the head.

  10. YankeeFrank

    I have to say, these people criticizing Pope Francis for not single-handedly reversing every single position the Catholic church has taken over the past many decades are really throwing out the baby with the bathwater. One main reason the left fails so often is they throw away potential allies who don’t pass the ideological purity test so often they can’t barely keep a coalition together long enough to achieve anything. A cynic might think they enjoy losing, or see a better fundraising future, in failure. But I don’t think that’s it. Its just so easy to ignore the realities of power and that even the Pope can’t reverse every official position of the church in such a short time. Anyone who ignores the reality of how the social justice orders of the church (Jesuits, Franciscans, many of the Nun’s orders, etc.) actually minister to the poor in the third world regardless of the positions taken by the Vatican, is ignoring the true progressive and radical social justice mission the church has engaged in for the past 50 years at least.

    1. DJG

      YankeeFrank: I didn’t read the article because of ones in which I have started to detect that old saying, Anti-Catholicism is the anti-Semitism of the left.

      Many people who attempt to deal with Catholicism from their (very often evangelical) points of views don’t understand the symbols the Francis is now using. Hell, his name is Francis, and the Franciscan movement is a revolutionary force within the Catholic Church. Laudato Sii is a quote from the famous prayer of Saint Francis of Assisi. He is quoting the Catholic equivalent of Karl Marx. And so on.

      Sure, I’m a lapsed & cultural Catholic, but cultural Catholics still monitor the situation: I’ll take Francis and his tentative experiments over Retired Ratzi the Sixteenth and the Ultra-Holy JP II, neo-cons who did so much damage, particularly to the church of Latin America.

      1. LindaJ

        I’d swear now but I forget the rules here. “Anti-Catholicism is the anti-Semitism of the left”? I’m beginning to see why the “New Atheists” are foaming at the mouth all the time.

        Catholicism is an authoritarian and at times murderous religion. The Catholic church is taking over hospitals by the dozens in the U.S. and thereby denying women (and men) reproductive healthcare, not to mention trying to persuade schools to teach abstinence only health classes. The resulting unwanted pregnancies can be life ending or life-ruining. In South America, women and doctors are jailed for suspicion of abortion. Not to mention the history of witch burning during the inquisition.

        Okay go ahead. Call me some names.

    2. NotTimothyGeithner

      Remember Francis has made climate change, capitalism, and Palestine moral issues in the last month. Of course, he is going to be attacked. I haven’t been inside a church in 11 years.

      Parts of the church are engaged in social justice, but it’s the old Peter (James) and Paul dual nature.. Americas’ Jesuit are different from the old world kind. The old world Jesuits are still plotting global domination.

      From the perspective of the eternal church, bride of Christmas stuff, Francis’ ending of the Catholic Church’s mission of active evangelization is radical. It’s a direct attack on Pauline Christianity and that kind of religion, and the elite can’t have that.

    3. Gaylord

      Cafeteria reform, then, shall it be? The Pope’s ignoring or obfuscating of one of the principal causes of climate disruption and environmental degradation — overpopulation — is indefensible. And this goes to the heart of the matter, which is the continued oppression of women by the Catholic Church, which is a grievous wrong that must be addressed in order for the other aspects of the pontiff’s urgent encyclical to work.

      1. James Levy

        Popes have to work within a body of thought that goes back almost 1700 years to Augustine. It may be wrong but it is not arbitrary. The same reason that the Pope is against war and killing and climate destruction is the reason he is against birth control and abortion: you are assuming in all cases powers of life and death that belong exclusively to God. Pope John Paul II was rather abhorrent in many ways but in his encyclical The Culture of Death he laid out the case against war, the death penalty, and abortion in pretty clear and, from a theological perspective powerful, language. God put us here to do His will. He gave us certain capacities for love, reason, and sin (free will) and expects us to render unto Caesar what is Caesar’s and to God what is God’s. The power over life belongs exclusively to God (Thou Shalt not Kill).

        Sooooo…to get where you want him to go on war, the death penalty, and climate change, the Pope is pretty clearly forced, theologically, to believe and promulgate many ideas that you don’t like. It is you who are expected the pope to arbitrarily choose from a Chinese menu of moral positions.

        1. jrs

          Human extinction with the 6th great extinction and an economic system that places profit over survival, or women forced to bear children they don’t want without even being able to use birth control because western culture hates women and their sexuality? And those two ideologies are the best humanity is capable of? Kill me now.

        2. Waking Up

          If all “powers of life and death belong exclusively to God”, then I now understand why Lloyd Blankfein believes he is doing “God’s work”. History has shown that God provides long lives (and great riches) for the most corrupt and power hungry among us. Being poor is bad for longevity.

          1. MyLessThanPrimeBeef

            Being poor is bad for longevity.

            It’s sad to think that once upon a time, the rich pigged themselves out on a fat diet, without much vegetables, while the poor peasants on Crete, having to work in the field and lift weighty objects, but on a Cretan diet, could outlive their lords.

      2. different clue

        Well . . . that’s what population-control activists are for. Division of labor, planned or unplanned.

    4. J Bookly

      Amen and hallelujah! I agree 100% with “One main reason the left fails so often is they throw away potential allies who don’t pass the ideological purity test so often they can’t barely keep a coalition together long enough to achieve anything.” I even allow grammatical impurity to stand uncorrected.

    5. DJG

      The Italian writer Aldo Nove, who is definitely a skeptic and yet recently published a book about Saint Francis of Assisi, just posted this on Facebook:

      “La breve enciclica di Bergoglio “Laudato sii” su ecologia e economia nel 2015 è il testo più rivoluzionario e di sinistra che abbia letto negli ultimi anni. Mi dispiace tanto che molti non la leggeranno cullandosi nei propri segoni mentali sulla Chiesa, sui papi, sulle religioni. Perdendosi una grossa occasione. Per il 99 % delle persone conta l’etichetta, non il contenuto. Ma un testo, in questo caso meraviglioso, va letto per quello che è. Del resto, non mi risulta che qualcuno rifiuti di guardare Caravaggio perché era un assassino. Il libro, comunque, costa 1.90 (p.s.: evitatemi polpettoni contro la Chiesa etc. perché sono benaltrismo puro. Occasioni perdute. Riportiamoacasaimorologia)”

      Occasioni perdute: It may be that Europeans understand the urgency of building coalitions better than Americans do. It may be a failure of our focus on the presidency and the Supreme Court of the United States–in short, top-down politics.

    6. vidimi

      agreed. this seems to be a case of the perfect being the enemy of the good.
      i think francis crossed the line when he criticised capitalism so now the hounds are out

      1. vidimi

        “How do we stop young Muslims becoming radicalised?” is the question we now continually ask. But it’s a deeply misleading question because it points us in the wrong direction. Why? Because it contains a hidden assumption that it is radical ideas, specifically Islamic theological ideas, that are the root cause of turning a young lad from West Yorkshire into an Isis suicide bomber in Iraq. According to the radicalisation hypothesis, it’s conservative Islam and the dangerous ideas contained in the Qur’an that motivate murderous behaviour.

        To me this is about as convincing as arguing that the murderous bits of the Bible were responsible for the brutality of the IRA.

        1. vidimi

          this and the above comment were not meant as replies to YF’s comment but free-standing

      2. MikeNY

        +1. Heaven forfend we take any responsibility for the toxic mess we have helped create over there.

  11. abynormal

    The key to being interesting is being interested — in the world, in other people, in the seething cauldron of phenomena and experiences and ideas we call life. Curiosity, therefore, is a supreme manifestation of beauty.

    breath of fresh air read…Emerson on What Beauty Really Means, How to Cultivate Its True Hallmarks, and Why It Bewitches the Human Imagination

  12. diptherio

    Can’t remember if I’ve posted this here yet:

    The Cooperative Man: Arizmendiarrieta’s Thought ~by Joxe Azurmendi~

    This free ebook is an English translation of a seminal work in Spanish on the cooperative and social thought of the founder of the Mondragon Cooperative Corp, the world’s largest federation of worker co-ops. Don Jose Arizmendiarrieta is an incredibly important figure in the worker co-operative movement, and his thoughts on the traditional capitalist employer-employee relationship were rather ahead of their time. Consider this:

    The most eminent spirits of Greece, like Plato and Aristotle, approved of slavery, just as today, that more refined form of slavery is approved of, “but in the end, is still slavery,” which is “the huge mass of workers who are excluded from the banquet of life” (Ib. 126). The situation of these workers, in proportion to the advancement and progress the rest of the world has made in the meantime, has scarcely any advantage over that of the ancient slaves; nor can it be said that “the factory owners, who think that they give the worker everything he is owed and unscrupulously keep those immense benefits, which, in the end, have come from the effort and of the spiritual, technical and material contribution of their workers,” deserve a better description than the ancient slave-owners. Arizmendiarrieta preaches hard words in the Parish of Mondragon. “What capitalist or master considers [their workers] brothers—as they really are—because if he considered them as such, sons of the same father, sharing in the same inheritance and a common fate, how, in good consciousness, could he take away everything he can carry?” (Ib. 126). [emphasis added]

  13. Jef

    Bernie is this election cycles Ron Paul. Coming on strong, getting lots of money, generating lots of HOPE. Actually Paul was clearly the nations favorite by a wide margin but… woops! can’t have that.

    But this time its different right? This time I am going to win the lotto.

    1. MyLessThanPrimeBeef

      To fight against the legacy of student testing, we need something affirmative, something along the line I have posted before – one can only truly gauge how much a student has learned by the probing questions (that’s how one advances a field) he/she asks and submits to the teacher.

      So, for a while in the near future, we need students to test their teachers, before we arrive at the paradise of ‘fests instead of tests,’ when we can go beyond thinking about learning (one simply learns, one never thinks about learning – be the arrow).

      1. norm de plume

        I agree up to point. That might be the point at which I have to decide, when my kid needs life-saving surgery, between a surgeon who has been tested rigorously and passed, or one who has sailed thru a testy-festy touchy-feely.

        It’s no surprise that study came out of sociology… not that I have anything against sociologists! Some of my best friends…

  14. Glen

    I’ve been exchanging emails with somebody in the office of my Congressman, a Democrat who supports the TPP. The emails are “signed” by my Congressman. I finally asked for permission to re-post our exchange on the internet, warning that the “economic arguments” were going to be shredded and they would most likely be ridiculed.

    Could I send them here to be re-posted assuming I get permission?

    1. participant-observer-observed

      Why not just post them “off the record” and be done with it?

      It is not like they are asking YOU your permission to cede the representation power you invested in them, to the highest bidder, on YOUR behalf!

      A whole new set of emperor clothes has just been stitched together through that fig leaf game!

    2. Yves Smith Post author

      Please do, but I don’t think a public servant like a Congressman has any presumption of privacy in his communications with a constituent.

    3. norm de plume

      At least you had an exchange. I emailed both my state and federal representatives over two weeks ago, and not a peep so far. I invited them to assuage my concerns. I will badger them again tomorrow.

      What I forwarded them was the text of an email I had sent to various family and friends.. unfortunately a pretty deafening silence from them too.

      How not to sound preachy, let alone screechy, to an audience with an almost molecular aversion to protest, or even mild dissent…

  15. diptherio

    attn Lambert:

    I haven’t gotten around to querying my Euro contacts for news of service-provisioning lefty-type groups in Greece, as per your question to me some days back, but I do intend to, as soon as I’m done painting this #@%i&ing house…Anyway, I did come across this just now, as I’m procrastinating starting another day of work:

    In February 2011, 300 immigrant workers in Greece went on hunger strike demanding dignity and basic civil rights. After the successful conclusion of this protest, the medical team that monitored and supported the hunger strikers in Thessaloniki decided to form a permanent structure to provide health care services to the nearly three million uninsured Greeks and immigrants, who have been left to fend for themselves after the dismantling of the public health system under the dictates of the International Monetary Fund (IMF) and the European Commission. To date, more than 350 volunteers have cared for hundreds of thousands of patients at the Social Solidarity Clinic, which is sustained entirely by the donations of individuals and movement organizations, and managed horizontally by a general assembly.

      1. IsabelPS

        I don’t know if this counts. But it certainly indicates grass-roots organisation:
        “I then switched over the the German ARD where they showed a report about refugees on the island of Kos. What is happening there truly defies description. According to Wikipedia, Kos has a population of about 33.000. If their refugees accounted for the same percentage of the total population as in Austria (0,2%), then Kos should have had at most 70 refugees so far this year. As it turns out, that’s less than the number of daily arrivals.
        And then the report showed how the locals did their best to take care of these refugees. How food was collected from hotels and how the locals put it into individual packages. ”

  16. rich

    America’s Rising CEO Pay

    America’s economic recovery benefited one small, exclusive group since 2009: The Guardian reported:

    While CEOs have seen their compensation soar by 54%, the typical worker’s paycheck hasn’t budged.

    This occurred under America’s first black President. The next two legs up on CEO compensation could come from companies jettisoning their employer provided health insurance benefit and Obama’s new free trade agreements.

    The CEO class is already shifting the burden of soaring retiree health care to people on fixed incomes. PPACA’s aim was to transfer health care coverage from employers to a tapped out Uncle Sam and individuals, i.e. the very people with no raises for the last six years.
    The club signing off on executive pay schemes is the same club that dealt with the Obama White House on PPACA and his super-sized trade giveaways. It’s the same PEU club that monetizes assets by placing them in limited partnerships, charging management fees, borrowing to pay themselves dividends and then reselling the venture for a final profitgasm.

    I’ve written many times about the race to the lowest global common denominator on worker pay/benefits, taxes and regulation. CEO pay is excluded, with two more potential boosts on the horizon. President Obama will have delivered both. His Presidential outcomes are worthy of his idol, Ronald Reagan.

    Something is rising across America. It’s CEO pay.

    how could you not support Bernie??

  17. allan

    No Child Left Un-mined: Student Privacy at Risk in the Age of Big Data

    The fear is that the multi-billion-dollar education technology (or “ed-tech”) industry that seeks to individualize learning and reduce drop-out rates could also pose a threat to privacy, as a rush to commercialize student data could leave children tagged for life with indicators based on their childhood performance. …

    Such worries came to the fore last week when educational services giant Pearson announced that they were selling the company PowerSchool, which tracks student performance, to a private equity firm for $350 million.

    What could possibly go wrong?

  18. dcblogger

    I have only been scanning the headlines, but I get the idea that Grexit was the plan all along, that the banksters just wanted to do as much asset stripping as possible before Greece was pushed out of the EU.

    1. MyLessThanPrimeBeef

      I read other comments that the plan all along, at least for a while now, is to prolong it in order for the Greek citizens to get their money out from the banking system.

      Now, the banksters are joining in and use the time for asset stripping as well?

  19. tongorad

    Real News: Gay Marriage Victory Is Not About Equality

    Queer activist Yasmin Nair says that the fight for gay marriage was driven by an elitist, conservative movement

    Nair: “…there is no moving beyond gay marriage simply because gay marriage has already ravaged the economic landscape of queer organizing. There is no more money to be had, and it’s very unlikely that the wealthy gay white people in particular for whom gay marriage was such a big issue are going to turn around and say yes, now let’s work on all the other things that actually matter. They don’t have to care about it. Remember again that wealthy gay white men in particular never had to care about HIV/AIDS really, because they could always afford the medications. [Inaud.] They didn’t have to–so it’s all, it, it’s just–that’s just not how economic structures work.”

    1. Yves Smith Post author

      Thanks! The assumption heretofore was that she’d wait the 30 days.

      Although the piece is generally informative, it’s got one bit wrong. Membership in the Eurozone by treaty is irrevocable. Greece can obviously exit de facto but de jure is another matter. Greece can leave the EU by treaty, and doing that would presumably, automatically terminate Eurozone membership. Thus leaving the Eurozone is generally seen in the legal analyses I’ve read as tantamount to leaving the EU, and remarks by Varoufakis before he became Finance Minister took the same view.

      Given that the IMF is the most senior creditor, I wonder if can lay claim to any of the funds here, like the interest payments sitting at the ECB:

  20. MyLessThanPrimeBeef

    Chinese central bank cuts rates.

    With 90 yr olds playing, sorry, investing in Chinese stocks, are we about to see a humanitarian crisis there too?

    ‘Let’s not let the Shanghai and Shenzhen markets drop.’

  21. Skippy

    YOU might not think a bored teenager would know much about office life.

    But 17-year-old Thomas Oscar of Coffs Harbour, on the NSW north coast, managed to create a brilliant satirical Facebook page skewering the drudgery of the working world.

    He invented a fictional, nondescript company, Stackswell & Co, with the bland purpose of “moving units”. This was Generic Office Role play.

    Thomas invited his friends, and gradually more people joined in, enjoying the cynical mockery of KPIs (key performance indicators), core values and the mundane working day.

    There were emails about “synergy growth partnerships”, passive-aggressive notes on use of teaspoons in the kitchen and memos from IT banning attachments. Thomas gave members ridiculous job titles and promised an “agile, vision-oriented, disintermediated” workplace.

    Skippy…. art imitating life thingy…

    Bounus… Shakey Graves – Late July

    1. norm de plume

      From the mouths of prophet babes in the desert… that kid looks, and sounds, subversive:

      ‘Thomas just wanted to make fun of “senseless bureaucracy”, he told FastCompany. Asked how he would describe the page to, say, someone’s mother, he replied: “Basically I don’t talk to my mum, or any mums if I can help it.”

      Let’s clone him and send him into the banks.

      Shakey was cool. I have been enjoying wading thru the NPR Tiny Desk series:

      This Ukie outfit was bracing:

  22. Santi

    Tyler Durden on “The Greek butterlfy effect”:

    So this next week is not so much about Greece the butterfly, but it is about keeping the butterfly from becoming a hindrance to the math working globally. And the Greek government knows this. They are negotiating on the basis that a bad Greek deal from Europe’s point of view is better than a default. Angela Merkel wanted a concluded Greek deal before markets open on Monday. Now she has a mess.

    Not sure how sound it is, but he concludes with a

    “No, odds are they’re not going to let Greece default. They can’t afford to. The math has to work.”

    1. Yves Smith Post author

      Thanks, but that seems to be contradicted by the BBC story on the ECB deciding to cut ELA support to Greece. The official position seems to be (see post for details) that the declaration of the referendum is a termination of negotiations, which means an IMF and therefore ECB default due to the expiration of the bailout on June 30. We’d argued yesterday that the referendum almost certainly meant a default.

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