Aug
31

It is absolutely amazing how we always miss this

It is not the bankers, it is not the CEOs. It is the shareholders of the central banks.  The powerful people are the insiders. They're the CEOs of these banks. They're the people who run these banks. They're the people who pay themselves the massive bonuses at the end of the last year. Embedded Link… Continue reading »

Aug
31

Probably not very smart in a gun happy culture

“We should sink Todd Akin,” he said, according to Bloomberg Businessweek reporter Sheelah Kolhatkar. “If he’s found mysteriously murdered, don’t look for my whereabouts!” Embedded Link Karl Rove jokes about murdering Todd Akin | The Raw Story At a Thursday morning fundraiser for his super PAC, former Bush political strategist Karl Rove told an audience… Continue reading »

Aug
31

Regulatory capture by the construction industry was one of the earliest forays of…

Regulatory capture by the construction industry was one of the earliest forays of government supported monopolists into the market. Not the most powerful and not the first, but early. One frequent effect of licensing regimes is that they stand in the way of transforming one’s skill into a source of income, and raise the cost… Continue reading »

Aug
31

“He who is not contented with what he has, would not be contented with what he…

“He who is not contented with what he has, would not be contented with what he would like to have.” — Socrates Google+: View post on Google+

Aug
31

Reason, research, resonance, representational redescription, resources and rewards,…

Reason, research, resonance, representational redescription, resources and rewards, real world events and resistances.  For Gardner, “a mind change is most likely to come about when the first six factors operate in consort and the resistances are relatively weak”. When resistances are strong, good luck and good night. Embedded Link What Does It Take To Change… Continue reading »

Aug
31

We are the masters of positive feedback loops

Masters I say. Embedded Link For Peat’s Sake: Record Temperatures And Wildfires In Eastern Russia Drive Amplifying Carbon-Cycle Feedback Warming-driven peatland- and forest-fires are another amplifying climate feedback. Credit: NASA News story via NASA Forests and bog land in far eastern Russia have been burning since the beginning of … Google+: Reshared 1 times Google+:… Continue reading »

Aug
31

The benefits of doing your own legwork.

The benefits of doing your own legwork. Embedded Link How Tracking Down My Stolen Computer Triggered a Drug Bust My computer was stolen out of the trunk of a rental car in Detroit. This is my story about how I was able to locate the computer and help the Detroit Police Department bring down a… Continue reading »

Aug
31

It is amazing how reliant we are on government to run the economy

Even when we think we aren't. We are. Some profess a belief that a free market with no government intervention would solve our ills. But they then get all indignant when you point out how far their notion of no government intervention is from the reality of no government intervention. What they really seem to… Continue reading »

Aug
31

I cannot disagree

What are the chances that rational behaviour might prevail over the madness we call a civilization? Transforming society and the world’s economy to a sustainable basis presents the most significant challenge to the 21st century. This challenge is unprecedented in scope. Its context is the planet as a whole. It requires a fundamental shift in… Continue reading »

Aug
31

I am just trying to imagine the firestorm if this had happened here.

I am just trying to imagine the firestorm if this had happened here. Embedded Link Unprecedented civil union unites Brazilian trio – CNN.com Public notary Claudia do Nascimento Domingues set off a firestorm by granting Brazil's first civil union to a trio, an unprecedented act. Google+: View post on Google+

Aug
31

One lesson to be learned from the 20th century:

Never elect authoritarian right governments during times of economic upheaval. Not saying the authoritarian left is all that, just that we have solid data on the results of the first and can extrapolate from there. From its inception, the Republican Party has been devoted to a doctrine properly called national socialism – the fusion of… Continue reading »

Aug
31

Prosecute the fraud, deleverage and get on with figuring out how to redesign the…

Prosecute the fraud, deleverage and get on with figuring out how to redesign the economy to provide without growth. Or keep going full tilt into the brick wall.  Remember: with any con game, the key word is confidence, and the US consumers need to regain their confidence. Sadly, as the following very simple chart and… Continue reading »

Aug
31

Didn't we already see this movie back in the 80s?

The future is already here and it brings with it low-wage temporary or contract work as a way of life. Embedded Link Careers Are Dead. Welcome To Your Low-Wage, Temp Work Future – Forbes Image credit: AFP/Getty Images via @daylife Finally, some statistics to prove the stereotypes right. According to a recent survey from Millennial… Continue reading »

Aug
31

Concentrated capital = power

The problem is systemic. But we are not allowed to question the system. Why is that? As wealth and income rise to the top, moreover, so does political power. The rich are able to entrench themselves by lowering their taxes, gaining special tax breaks (such as the “carried interest” loophole allowing private equity and hedge… Continue reading »

Aug
31

A good interview

Demand for oil, particularly from the emerging economies, has grown significantly, and we have had a hard time increasing global production.  The single most likely outcome is that both conditions will continue to be with us.  The most likely scenario is that the next decade will look something like the last, with oil prices volatile… Continue reading »

Aug
31

Apparently political affiliation is a crime in the land of the free

Who knew? The FBI has stated only that the grand jury pertains to "violent crime," but it is believed to relate to property damage in Seattle during this year's May Day protests. The relatively small scale of the property destruction – a handful of spraypainted cars, slashed tires and smashed windows at a downtown Starbucks,… Continue reading »

Aug
31

In related news, oh, look!!!

Shiny thing! “These critters form the basis of many of the essential benefits that nature provides; earthworms recycle waste nutrients, coral reefs support a myriad of life forms and bees help pollinate crops,” he said. “If they disappear, humans could soon follow.” Embedded Link Butterflies 'more endangered than tigers' – Telegraph Bumblebees, beetles and butterflies… Continue reading »

Aug
31

Concentrated capital = power

We were expecting something else? Our most fundamental rights, to life, liberty and the pursuit of happiness, are under assault. But the adversary is Big Wealth, not Big Government as conservatives like to claim. Embedded Link Goodbye, Liberty! 10 Ways Americans Are No Longer Free Our struggle for liberty is a fight against concentrated wealth.… Continue reading »

Aug
31

They blame the lack of pipelines

In reality it has more to do with low royalty rates and give-aways to the investors who hold shares in the major oil companies at the expense of the people of Alberta. Look to Norway for an example of how it should have been done. The surprising deficit forecast shows Alberta has been too optimistic about resource… Continue reading »

Aug
30

We really have no idea what we are doing

Release to the atmosphere of carbon dioxide from thawing permafrost in the Arctic is identified as a positive feedback mechanism to climate warming. About half of the carbon pool in soils globally is held in frozen surficial permafrost in the Arctic (twice as much as in atmospheric CO2); the region is experiencing twice the global… Continue reading »

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