Friday, March 11, 2011

Corporate Disaster Capitalism: Financial Collapses, Katrina, and September 11 Related?

Tags: Corporate Disaster Capitalism Financial Collapses Katrina Sept 11 Related? Wisconsin Michigan Midwest Corporate Republican Takeover

Goggle has greatly improved gmail. I am considering using it where I have an account and get away from comcast. Has anyone transferred old e-mails from comcast to Google? It is especially good for searching and storage. I will soon write a more detailed essay on the state of the market. The only time I spend more time on financial matters is when it gets even more complicated as it is now. No one seems to know what is going to happen when the Fed stops buying treasury bonds. I love exploring complex phenomena. Jim

Disaster Capitalism: Financial Collapses, Katrina, and September 11 Related?

I am sure the person that I recommended to buy gold convertibles several years ago is very happy. Convertibles are one of the few things you can have and not be hurt from higher interest rates. Hedge Funds which are speculating much less than the Banks, are heavy in convertibles. Great controversy about why PIMCO went completely out of Treasuries. The amount of speculation now is higher than it was in the Crash thanks to the Fed and lobbying efforts by the corrupt Bankers. Financials are now 63 percent of our GDP!

Tett did a good job in her column today explaining this today in the Financial Times which is becoming a must read. Gillian Tett is now the editor of USA operations and Financial Journalist of the Year in Britain. Tett said in the film that she got e-mails about the potential collapse and corruption for years before Sept 2008. Inside Job, a great documentary that will keep you glued to your seat for 2 hours.
Even though I have no absolute proof, I think Bush deliberately ignored the August 6, 2001 note from the CIA that the World Trade Center is the target for terrorists. Why hold no terrorist security meeting until one week before the attack?

Why was the most competent New York City FBI agent on Al Queda in the country fired on a frame job the summer of 9/11? Why was only one CIA agent responsible exclusively on Al Qaeda?

In the National Security Meeting, Condi Rice said more than once that in order to institute what we want to do, we need another Pearl Harbor. Sure she knew! She is now back at Stanford university along with others involved in Disaster Capitalism tenured at major universities or corporations.

Was this like Katrina and the Financial Disaster where all the major players were involved? We may never know for sure.

Corporations and their Republican allies have finally decided to put their cards on the table. Repubs will control the lives of Americans and the world whether we like it or not. The police that confronted the protestors in Madison, Wisconsin were not Madison or state police, but the nation's largest private police, British owned Wackenhut Securities or now G4S, from the town that the Governor ruled. Wackenhut has such a poor reputation based on its ill treatment of prisoners at their private prisons that we can understand the thuggish behavior by G4S guarding the Madison State House.

Power and Greed has the same effect as cocaine and prostitutes on the brain. Prostitutes and Cocaine used most by Goldman Sachs brokers as seen in the new video on the Academy Award documentary film, Inside Job. The pleasure brain chemicals gush out with Cocaine, Lots of Money and McDonalds! The Goldman Sachs people must have been roaring with laughter when governor Spitzer resigned from a made up charge of laundering money. No one should have been looking at $3000 cash deposits.

The Bush Gang had to be involved with their extensive spy mechanisms. Bush removed the FBI from White Collar Crimes and put them on the fake Homeland Security corporate profit bank. Don't forget that the Clinton administration told Bush and Condi Rice that the Al Qaeda attack will come soon.

As soon as Bush got in he removed the good Al Gore Airport Security at the airports. Why? I wonder what happened to the alternative government structure Bush/Cheney built? What is the status of the large prisoner of war camps Bush had built? Are they expecting revolution here?

The reason no one has gone to prison for this Massive Wall Street Ponzi Scheme is that everyone was involved! Top professors at Harvard and Columbia, our dear Bushy and the Republicans involved in the dismantling of regulations that led to 40 years of financial stability. Yes, Clinton was President, but he was neutralized with cooked up scandal when he vetoed the Bank bill that allowed credit card debt from Americans not be involved when declaring bankruptcy while corporations do this all the time!

Bush threw out 76 SEC regulators when he came into office, dismantled FEMA, destroyed the EPA and similar agencies because they wanted to have disasters including the Financial Crisis. Of course Reagan deregulated the S&L banks which gave the Bush brothers great profits without being thrown in jail. The latter established the "honesty" of Senator McCain. Neil Bush who crashed the S&L in Colorado also made hundreds of millions by the development of worthless educational software for Bush's education "effort."

The money the educational elites made from "consulting" came close to bribes by corporations. Summers, Geithner, and especially Paulson and Greenspan were heavily involved. Yes, they knew years earlier. Prince, CEO of Citigroup, made the comment that what will happen when the music stops before he lost his job? Rubin advised Citigroup to go into derivatives late. Only Goldman Sachs and JP Morgan understood derivatives. The latter made them. The hedge fund guy Paulson collaborated with Goldman Sachs to make sure to fail CDOs from the worst subprime loans.

This film is so well put together mostly with interviews minus the major players who refused to consent to an interview. The professors who thought they could outwit the interviewer were sadly mistaken started sputtering when it became obvious that there were had.

I guess President Obama had no choice but to appoint crooks because he knew that the Republicans would not let him appoint honest individuals such as Professor Warner from Harvard. One time Michelle Obama blurted out that Washington is a cesspool or similar words! It was soon buried by the news media so I did not get the details.

Corruption in this country is so widespread, that it is not even seen anymore. Just following orders! I guess we could understand the Germans under Hitler doing vile things. My experience in Academics and Corporations confirm the widespread corruption of those with power.

So the public finally reacting to it Wisconsin and Michigan and other places is truly welcome. Illinois today voted to abolish the death penalty which should be a national policy. Drugs are not legal now because it might impact the profits of Big Pharma and corporations who launder drug money. All the large banks had to pay huge fines but no one went to jail. The DEA for drug enforcement lobbied against the California legalization of Marijuana because they wanted to keep their profitable jobs, not from their salary alone.

Half the people in prison are in for just using drugs, not distributing it. Don't want to stop the distribution! If corporations are people, why are the executives as well as some Supreme Court Justices not in jail? http://maddowblog.msnbc.com and http://ed.msnbc.com for some great programing on the power game being played by Republicans. Ed has brought in emotion to the news, something lacking in most news programs. Rachel, as you know, has brought in great intellect that is fun to watch.

Yes, just like the Renaissance Catholic Church Popes, who did not want to give up power and profits, killed the infidels by burning many at the stake who tried to become Lutherans or said the earth is not the center of the universe. The Borgia Renaissance Pope will be played by Jeremy Irons at Showtime soon. I just started watching reruns of Pillars of the Earth based on a Ken Follett book. I am enjoying it! Well acted. It is on Starz.

I usually check out the advertising of every program I watch on TV to determine which Demographic the show is for. ABC Family has some good show for kids with the help of Disney. Yes, I drive the netflix computer crazy because I have eclectic tastes. I go from very violent programs except Nazis and Mafia, to programs for women and children.

Jim Kawakami, March 11, 2011, http://jimboguy.blogspot.com

Today on Uprising - March 11, 2011

- Saudis Hold A “Day of Rage” Demanding More Freedoms
- Michigan Republicans Force Through Emergency Bill Undermining Democracy and Workers Rights
- Illinois Abolishes the Death Penalty
- ReThink Reviews: “Mars Needs Moms” Needs a Producer with a Soul

Check www.uprisingradio.org for related links to websites and news articles.

Listen to the entire show: http://www.archive.org/download/DailyDigest-031111/2011_03_11_uprising.mp3

*** Subversive Thoughts ***

"In the confrontation between the stream and the rock, the stream always wins - not through strength but by perseverance. -- H. Jackson Brown


*** Saudis Hold A “Day of Rage” Demanding More Freedoms! ***

Thousands of Saudi activists were expected to gather today for what activists called “A Day of Rage.” A week of protests leading up to today had smaller than expected crowds. There has been a call for two demonstrations this month, announced on Facebook, the first of which was to have taken place today across the country.

However, there are reports of protests taking place only in the Eastern Province city of Qatif where police apparently opened fire on protesters. Shiites form a large part of the Saudi dissident groups. They want the release of what are considered political prisoners. Protesters also want King Abdullah to hold elections since there has never been a Parliament or elected body.

According to Reuters, the activists comprise “[a] loose alliance of liberals, moderate Islamists and Shi’ites.” Shiite citizens complain of discrimination by the Sunni Monarchy, and may have been inspired by recent protests by Shiites in neighboring Bahrain.

Last November, Human Rights Watch reported that a Saudi journalist who wrote about public anger over frequent electricity cuts was sentenced to two months in prison, and 50 lashes. To attempt to quell the unrest, the Saudi King returned from a three-month trip and announced $37 billion in new public services and benefits.

His regime has been clearly rattled by events happening all over the Arab world, and in response to the Egypt revolution he accused protesters of “spewing hatred” and being “infiltrators.” Last Saturday the Saudi Interior Ministry grimly reminded the population of a ban on protests in the country, and warned that the ban would be enforced. Last year President Obama announced an arms deal with Saudi Arabia worth $60 billion. It is the largest U.S. arms deal in history. Together with the U.S., the Saudi regime has offered backing to many of the region’s strongmen.

GUEST: Ahmed AlMulla, writer and poet based in Saudi Arabia, joining us live from Qatif where police fired on protesters yesterday

Listen to this segment: http://www.archive.org/download/DailyDigest-031111/2011_03_11_almulla.MP3


Michigan Republicans Force Through Emergency Bill Undermining Democracy and Workers Rights

Legislation approved Wednesday by the Michigan state Senate is being called worse than the anti-union legislation coming out of Wisconsin. The Michigan bill, referred to as the “emergency manager” law, greatly expands the powers of emergency financial managers. The law would allow the State to strip a city government or school board of its power if the Governor declares a financial emergency in the targeted municipality. A State appointed emergency financial manager would then be given broad powers, in pursuance of a balanced budget, to terminate union contracts, seize and sell assets, and fire elected officials.

Labor unions are calling it a union-busting bill. Many are voicing concern it renders the right to vote and the Democratic process null and void, with no public input on who is appointed manager or how the manager will operate once in place.

On Tuesday Naomi Klein, in conversation with Amy Goodman, called the bill, “a corporate coup d’etat.” Klein said the specific language of the legislation defines an emergency manager as a person, or a firm. This opens the door for governments to be replaced by corporations in what she described as “privatization of a whole town by fiat.”

"Only a Crisis--Actual or Perceived--Produces Real Change. When that Crisis Occurs, the Actions that are Taken Depend on the (Corporate Republicans) Ideas that are Lying Around." (Explained by Naomi Klein in the Ground Breaking book "The Shock Doctrine: The Rise of Disaster Capitalism." )

Milton Friedman, Godfather of he Modern Market.

(Many of its victims lie dead all over the world. Bush became President with the great help of his brother Jeb in Florida who deleted valid Democratic voters from the registration roll and installed voting machines that gave the vote to Bush no matter which button was pushed. Our Supreme Court led by Scalia, a character out of the Da Vinci Code starring Tom Hanks, stopped the recount which would have elected Al Gore by any permutation of the recount. jim)

Filmmaker Michael Moore, a Michigan native, said yesterday that the multi-state assault on labor unions and the power being transferred to corporations is a, “class war on the people of this country by those in power and the tools [the legislators] they have bought and paid for.”

GUESTS: State Senator Gretchen Whitmer, of East Lansing, Senate Minority Leader, Mark Gaffney, Michigan State AFL-CIO president

Listen to this segment: http://www.archive.org/download/DailyDigest-031111/2011_03_11_michigan.mp3


Tuesday, March 8, 2011

Civilizations Why Do They Fail Our Greedy Elites Compared to Mayan Kings Demise

Tags: Civilizations Collapse Caused Elites Greed Excess Profits Hedonism Depletion of Resources Steal from Others Food and Water Riots Repression

A dear friend sent me the Jared Diamond excerpt of Chris Hedges’ column below. I just added a few more excerpts. Chris Hedges was educated at Colgate as an English major and received an MS at Harvard Divinity School has been a 15 year foreign war correspondent for The New York Times. His best selling book, War is a Force That Gives Us Meaning, and recently Death of the Liberal Class, demonstrate that he sees much more than the rest of us about what happens in war and politics.

Jared Diamond’s books Pulizer Prize winning Guns Germs, and Steel: The Fates of Human Societies, and Collapse: How Societies Choose to Fail or Succeed." The former was on the best seller lists for at least three years, a books well worth reading to understand what causes civilizations to succeed and fail and why we are doomed to fail unless we change.

This article excerpt tells us what is and has happened to us now.

“The collapse of the global economy, which wiped out a staggering $40 trillion in wealth, was caused when our elites, after destroying our manufacturing base, sold massive quantities of fraudulent mortgage-backed securities to pension funds, small investors, banks, universities, state and foreign governments and shareholders.

The elites, to cover the losses, then looted the public treasury to begin the speculation over again. They also, in the name of austerity, began dismantling basic social services, set out to break the last vestiges of unions, slashed jobs, froze wages, threw millions of people out of their homes, and stood by idly as we created a permanent underclass of unemployed and underemployed.”

Our wealthy and powerful assume that once Americans start foaming at the mouth about how they raped and stole the resources of our country from all of us, they will be safe in enclaves guarded by hired guns or can emigrate to another country. What is happening in the Middle East, predicted earlier by Jonathan Schell in The Unconquerable World: Power, Nonviolence, And The Will of The People," 2003, about what will happen to the dictatorial Middle East. "You can fool people some of the time, but not all the time."

Jim Kawakami, March 8, 2011, http://jimboguy.blogspot.com

This Time We’re Taking The Whole Planet With Us, Chris Hedges, Truthdig, http://truthout.org/

Jared Diamond in his essay “The Last Americans” notes that by the time Hernan Cortés reached the Yucatán, millions of Mayan subjects had vanished.

“Why,” Diamond writes, “did the kings and nobles not recognize and solve these problems? A major reason was that their attention was evidently focused on the short-term concerns of enriching themselves, waging wars, erecting monuments, competing with one another, and extracting enough food from the peasants to support all these activities.”

“Pumping that oil, cutting down those trees, and catching those fish may benefit the elite by bringing them money or prestige and yet be bad for society as a whole (including the children of the elite) in the long run,” Diamond went on. “Maya kings were consumed by immediate concerns for their prestige (requiring more and bigger temples) and their success in the next war (requiring more followers), rather than for the happiness of commoners or of the next generation.

Those people with the greatest power to make decisions in our own society today regularly make money from activities that may be bad for society as a whole and for their own children; those decision-makers include Enron executives, many land developers, and advocates of tax cuts for the rich.” …

Civilizations rise, decay and die. Time, as the ancient Greeks argued, for individuals and for states is cyclical. As societies become more complex they become inevitably more precarious. They become increasingly vulnerable. And as they begin to break down there is a strange retreat by a terrified and confused population from reality, an inability to acknowledge the self-evident fragility and impending collapse.

The elites at the end speak in phrases and jargon that do not correlate to reality. They retreat into isolated compounds, whether at the court at Versailles, the Forbidden City or modern palatial estates. The elites indulge in unchecked hedonism, the accumulation of vaster wealth and extravagant consumption. They are deaf to the suffering of the masses who are repressed with greater and greater ferocity.

Resources are more ruthlessly depleted until they are exhausted. And then the hollowed-out edifice collapses. The Roman and Sumerian empires fell this way. The Mayan elites, after clearing their forests and polluting their streams with silt and acids, retreated backward into primitivism.

As food and water shortages expand across the globe, as mounting poverty and misery trigger street protests in the Middle East, Africa and Europe, the elites do what all elites do. They launch more wars, build grander monuments to themselves, plunge their nations deeper into debt, and as it all unravels they take it out on the backs of workers and the poor.

The collapse of the global economy, which wiped out a staggering $40 trillion in wealth, was caused when our elites, after destroying our manufacturing base, sold massive quantities of fraudulent mortgage-backed securities to pension funds, small investors, banks, universities, state and foreign governments and shareholders.

The elites, to cover the losses, then looted the public treasury to begin the speculation over again. They also, in the name of austerity, began dismantling basic social services, set out to break the last vestiges of unions, slashed jobs, froze wages, threw millions of people out of their homes, and stood by idly as we created a permanent underclass of unemployed and underemployed.

The Mayan elite became, at the end, as the anthropologist Ronald Wright notes in “A Short History of Progress,”

“… extremists, or ultra-conservatives, squeezing the last drops of profit from nature and humanity.” This is how all civilizations, including our own, ossify and die. The signs of imminent death may be undeniable. Common sense may cry out for a radical new response. But the race toward self-immolation only accelerates because of intellectual and moral paralysis. As Sigmund Freud grasped in “Beyond the Pleasure Principle” and “Civilization and Its Discontents,” human societies are as intoxicated and blinded by their own headlong rush toward death and destruction as they are by the search for erotic fulfillment. … http://truthout.org/this-time-were-taking-whole-planet-with-us68280

Chris Hedges spent nearly two decades as a foreign correspondent in Central America, the Middle East, Africa and the Balkans. He has reported from more than 50 countries and has worked for The Christian Science Monitor, National Public Radio, The Dallas Morning News and The New York Times, for which he was a foreign correspondent for 15 years.

. . . the leading economic powers have followed an evolutionary progression: first, agriculture, fishing, and the like, next commerce and industry, and finally finance. Several historians have elaborated this point. Brooks Adams contended that “as societies consolidate, they pass through a profound intellectual change. Energy ceases to vent through the imagination and takes the form of capital.” …

Financialization is a term sometimes used in discussions of financial capitalism which developed over several decades leading up to the 2007-2010 financial crisis, and in which financial leverage tended to override capital (equity) and financial markets tended to dominate over the traditional industrial economy.

Financialization is a term that describes an economic system or process that attempts to reduce all value that is exchanged (whether tangible, intangible, future or present promises, etc.) either into a financial instrument or a derivative of a financial instrument. The original intent of financialization is to be able to reduce any work-product or service to an exchangeable financial instrument, like currency, and thus make it easier for people to trade these financial instruments.

Workers, through a financial instrument such as a mortgage, could trade their promise of future work/wages for a home. Financialization of risk-sharing makes all insurance possible, the financialization of the U.S. Government's promises (bonds) makes all deficit spending possible. Financialization also makes economic rents possible. … http://en.wikipedia.org/wiki/Financialization


pastedGraphic.pdf

pastedGraphic_1.pdf

Share in GDP of US financial sector since 1860.[1] This sector went up quite sharply due to Reagan and succeeding Presidents. During W. Bush the financial sector profits went up 50 percent! It is now 63 percent of our GDP.



The graph below shows profits of the U.S. financial sector and of the U.S. manufacturing sector, as a percent of GDP

pastedGraphic_2.pdf


Monday, March 7, 2011

Antioxidants Can Harm You: Free Radicals Neutralized Perform Valuable Functions

Tags: Antioxidants Free Radical Elimination Craze Over Research Shows Harm Potential

I have been urging my readers for years that taking excess antioxidants by way of supplements is dangerous to our health. Finally my common sense has been supported by extensive research.


As I just told my mailman Mike today, do not depend on others, even doctors, Big Pharma, Professors, and others completely for your health needs. Good judgement, however, requires some basic knowledge about how our body and brain functions. This is especially true today when so many professors, stock brokers, investments advisors, fund managers, doctors, and others have their own conflicts of interest which prevents them from telling you the whole truth including commercials, television news, newspapers and magazines.


By keeping your brain engaged, you will eventually learn whom to trust more than others. Garbage in, garbage out. Assume everyone lies or distorts facts including myself!


Yes, I said to my readers that many times that our body uses free radicals to fight bacteria, virus, and fungus which invade our body. No one listened.


Jim Kawakami, March 7, 2011, http://jimboguy.blogspot.com


Antioxidants Fall from Grace: The Popular Dietary Components May Not Do Any Good, and May Actually Do Harm Sharon Begley Newsweek, Jan 25, 2011,

To anyone who feels guilty for not gorging on antioxidants—actually, make that “antioxidants!,” which seems to be how grocery manufacturers think of them—redemption is nigh. For years the media, food labels, dietitians, and even scientists who should know better have bombarded us with advice to load up on antioxidants: compounds found (mostly) in fruits and vegetables that mop up free radicals, which are highly reactive clusters of atoms that have been fingered as the evildoers responsible for aging and for illnesses from cancer to heart disease.


Not so fast. First, studies piled up showing that taking antioxidants—even such common and seemingly innocuous ones as beta carotene and vitamins C and E—as supplements was not beneficial to health and might even be dangerous, though the reason for the danger wasn’t clear. (One always pays attention when a study concludes with a phrase like “seems to increase overall mortality.”)


Now the research is challenging an even more fundamental tenet of the antioxidant craze. Many of the free radicals that are neutralized by antioxidants perform valuable functions in the body. The most important: fighting toxins (white blood cells churn out free radicals by the battalion to fight bacterial infection) and fighting cancer.


Maybe it’s not such a fabulous idea to flood the body with something that neutralizes these warriors of the immune system. Or as British chemist and science writer David Bradley noted in his blog, Reactive Reports, “It’s always struck me as odd that you would want to ingest extra antioxidants anyway, given that oxidising agents are at the front-line of immune defence against pathogens and cancer cells ... Suffice to say that taking antioxidant supplements ... may not necessarily be good for your health if you already have health problems,” especially cancer or an infection. ... Lots more at: http://www.newsweek.com/2011/01/25/antioxidants-fall-from-grace.html Read the whole article. Newsweek and Bloomberg Business Week quite good.

Friday, March 4, 2011

News Brief March 4, 2011 Information Overload Leads to Bad Objective Decisions

Tags: Information Overload Bad Decisions James Franco Amazing Twitter e-mail interruptions Ads on the Internet Alzheimer's Heart Attacks Strokes

All of us who read extensively and use the internet frequently for information have the problem of information overload. What I do is keep my e-mail closed until later in the day so I am not interrupted, transfer important articles to my word processor before reading to avoid website distractions, do not read all those links provided in articles, do not Twitter or sign up for Facebook, do not have a smart phone, but may buy the new i-Pad with Wi-Fi only, don't answer telephone calls and let the caller leave a message, do not play music or listen to the radio while on the computer or when I read, take a break once an hour to jog briefly or 30 minutes on my tiny rebounder, use dumb bells to prevent muscle atrophy, limit myself to one cup of coffee daily and get enough sleep 8 hours, rarely eat sugar containing foods or drinks, eat three meals daily, and watch tv or a movie at night to rest my brain. Is this sentence too long to absorb all the information? Trying pausing in the middle of a sentence and think!

The trouble with using logic to get answers on everything is that the capacity of our temporary memory is very small about the size of the seven digit phone number. That is why we don't remember the names of people at parties introduced in rapid succession. We need to repeat the name and learn something about the person or use the tricks often promoted on television.

When we sleep, our brain is able to organize information that is important to you and discards many things not that important which helps us in making decisions later. Our brain has trillions of synapses connected to our neurons which disconnect when we don't use our brain often enough.

Amyloids is now thought to come from our liver! All Big Pharma drugs have serious side effects, even Statins, particularly if we use too much. Just use the lowest dose of statin even though it does not bring down your cholesterol immediately. Fresh plaque is what you need to avoid because it breaks loose. Remember cholesterol is used in every cell in our body for the cell walls including our brain.

Too much of a good thing like most things is not good for you. I have concluded that very low density lipoproteins and triglycerides causes both heart attacks and dementia including Alzheimer's Disease. It has to do more with plugging the enzymes used to get rid of excess proteins in our blood such as amyloids and proteins in our muscles.

Common medications such as Detrol and antihistamines can block the enzyme producing sights. Many common medications can also block the electrical signals to make your heart work. Solution: Change your diet and exercise which helps improve our muscles, brains, and heart. Seniors now take 15 medications on average!

The reason that many smart people are devoid of common sense is that they have information overload and do not sleep enough. Recent polls show that if party is not mentioned, the common folks see what is true which is often not seen by we smart folks. Noam Chomsky has mentioned this many times that polls that contradict the elite thinking is often ignored by the corporate press/media. Much of what demands our attention is not necessarily accurate by the clever process of emphasis and deletion of information.
Jim Kawakami, March 4, 2011, http://jimboguy.blogspot.com


Newsweek March 7: Last night I read my Newsweek which seem to always have at least one article I really like. This one was from my favorite science journalist Sharon Begley. Also articles about Rachel Maddow and David Brooks were quite good.


Begley’s article: I Can’t Think! I have been blasting Twitter and Facebook in recent weeks because triviality does not make our lives better or helps us think.


Begley writes about how Twitter or information overload causes our brains to freeze when we have to make important decisions. One example all of us may appreciate is how difficult some of us have in picking the best car for us and our family. The way I pick cars to buy is to first decide what I want a car for.


I am not looking for perfection, but size, ability to carry stuff, millage, acceleration, safety, reliability, and cost. I knew I did not like green cars. Even though American cars have been getting much better, I would have bought Toyota or Honda even after the fake crisis with fraud involved with those suing Toyota.


I remember the Audi fake brake problem too well. Good thing the electronic records just before the accident showed what happened. Most hit the gas and some had the rug problem which most responsible drivers would have noticed and fixed before the accident.


When I make complicated decisions, I let my unconscious brain make the decision. I bought a very light green Prius! Why?


When things get complicated, our small temporary memory has room for only seven different things such as a seven digit phone number. If you don’t concentrate, it will be erased before going to more permanent memory when you get another bit of information.


That is why I have often said that to be creative, the information has to be in your head for complicated questions. Sleep on it. If an explanation for a question in my google search is satisfactory I stop looking. That is why people with great analytical thinking skills often get things wrong in a crisis. President Obama takes his time in making decisions. Often the turtle beats the rabbit. Remember this!


Jim


Academy Awards: James Franco I never knew Franco before the Awards Show, but when I saw the interview in the Green Room, I noticed immediately that he has the very intelligent alert look and a subtle sense of humor. How can critics honestly down play a show on TV that has a billion viewers worldwide and only 37 million here!

I guess the critics who are cynical as a class wanted to hear put down jokes instead of just being nice. Jim

James Franco by Lisa Foderaro, NY Times, March 3, 2011: … Yale has had its share of screen-star students, including Jodie Foster and Claire Danes, who have walked a delicate line between visibility and aloofness. But by all accounts, Mr. Franco, 32, who arrived last fall as a full-time student in Yale’s Ph.D. program in English, has straddled the line like no one else — at once the retiring scholar and the focus of attention. … (Add Streep)

Yale has had its share of screen-star students, including Jodie Foster and Claire Danes, who have walked a delicate line between visibility and aloofness. But by all accounts, Mr. Franco, 32, who arrived last fall as a full-time student in Yale’s Ph.D. program in English, has straddled the line like no one else — at once the retiring scholar and the focus of attention. …

And the fascination is fed by Mr. Franco himself, a self-promoting — and often self-mocking — polymath who is a film director, screenwriter, painter, author, performance artist and actor, with several film projects under way. In addition to the Yale program, which could take several years, he is on track to earn a master’s degree in film from New York University this spring. (“It’s a full-time program,” an N.Y.U. spokesman said. “You can’t do it any other way.”)

Last year, Mr. Franco received a master’s degree in writing from Brooklyn College, and this semester he is co-teaching a course on film editing at Columbia College Hollywood, a private school in Los Angeles. It is called “Master Class: Editing James Franco — With James Franco.”

Even at Yale, home of overachievers, he stands out. He has found time to undertake a multimedia musical production with about four dozen undergraduates that will open on campus in April. He is listed as a producer, but has worked with students on all aspects of the show, “The Stargazer,” including casting, making script revisions and acting in the film elements.

“We’re all really fascinated and awed,” said Cokey Cohen, the columnist at The Yale Daily News who drew Mr. Franco’s ire. “To see someone who has what we all consider to have an ideal life — with a fun, successful career — to be voluntarily doing so much schoolwork all the time is both really admirable and something I can’t even comprehend.” … http://www.nytimes.com/2011/03/04/nyregion/04franco.html?_r=1&src=me&ref=general


Thursday, March 3, 2011

Gas Hydrofracking Billion Gallons Toxic Radioactive Untreatable Water Wastes

Tags: Cheney Gas Deal Halliburton Making Pennsylvania Radioactive Dirty Water Wasteland

Kawakami: We are paying dearly for Americans not rioting for the fraud by the Supreme Court that put the Cheney-Bush crooks into office. Governor Jeb Bush also removed 100,000 Democrats from the voting registration rolls in Florida by using the criminal Republican computer company to remove people who had similar names and birth dates to known convicted criminals in the United States.

The exit polls showed Gore winning by 5 percent in Florida, 2000! By midnight it was too close to call, but Bush's cousin at FOX Cable called the election for Bush and Welch, CEO of GE forced NBC to also call it, and the other networks followed suit. All the news people were saying something was wrong with the exit polls. But in Wisconsin, the exit polls were within a few tenths of a percent of the final vote as is the case for all states except Florida.

For example, if you had the common last name of Johnson and born in the same year, you were removed. When the computer company asked Jed whether he was willing to pay for verify the connection, Jeb refused!

The computer company admitted all this during a hearing at the Civil Rights Commission. No one in the Bush administration bothered to investigate.

Many Americans have become so corrupt including our political, court, and academic institutions because they have developed the robotic corporate mindset of doing anything to increase profits that their lawyers can fix with relatively small fines and no jail time.

The movie, Inside Job, starring Matt Damon, the Academy Award winner for Best Documentary recently, gives all of us a clear look at the massive fraud that took place during the Greenspan and Bush years.

The Impeachment of Clinton by the Republicans for the same think many prominent Republicans were doing at the same time was a ploy to weaken Clinton so he would not have time to think through the two bills he signed at the behest of Sommer and Rubin successive Secretary of Treasury. The Republicans made up the deregulation bills. Half of Americans still are not sure that President Obama is not an American citizen according to recent polls shows the role of repetitious propaganda influencing the way we think.

Unlike the French who get perks from government that makes their family lives a more productive, Americans spend close to zero time reading more neutral or contrary opinion about what they get from television. Very few Americans go to the news websites. They spend their time on Facebook or celebrity gossip.

Judgement does not come intuition without knowledge or facts. The more good information we have, the better our gut instincts work. Because the Chinese learn a lot more as recent tests so, it is rarely mentioned that they are more creative. Educated immigrants are the ones making the technical breakthroughs in science and engineering now and becoming entrepreneurs.

Polls indicate as shown on many MSNBC shows first shown on
http://maddowblog.msnbc.com The reason Democrats don’t win elections all the time is that corporate donations make them become more like Republicans. Neutral polls show that Americans understand what is happening to America and support common sense populist programs and want to tax the rich and corporations more so they can have a better life.

If we develop a system where Americans on average, can donate $3 depending on their income or more on their tax forms, then politicians don’t have to spend so much time daily asking for money. If politicians did not have to rely on corporate money, they would do a much better job for us and fewer crooks will run for office. Now there is a shuttle bus being corporations and congress.

Jim Kawakami, March 03, 2011, http://jimboguy.blogspot.com

Halliburton Cheney Secret Oil/Gas Deal Regulation Nightmare, Ian Urbina, NY Times, Feb 27, 2011, http://www.nytimes.com/2011/02/27/us/27gas.html?ref=us&pagewanted=all The American landscape is dotted with hundreds of thousands of new wells and drilling rigs, as the country scrambles to tap into this century’s gold rush — for natural gas. ...

With hydrofracking, a well can produce over a million gallons of wastewater that is often laced with highly corrosive salts, carcinogens like benzene and radioactive elements like radium, all of which can occur naturally thousands of feet underground. Other carcinogenic materials can be added to the wastewater by the chemicals used in the hydrofracking itself.

While the existence of the toxic wastes has been reported, thousands of internal documents obtained by The New York Times from the Environmental Protection Agency, state regulators and drillers show that the dangers to the environment and health are greater than previously understood.

The documents reveal that the wastewater, which is sometimes hauled to sewage plants not designed to treat it and then discharged into rivers that supply drinking water, contains radioactivity at levels higher than previously known, and far higher than the level that federal regulators say is safe for these treatment plants to handle.

Other documents and interviews show that many E.P.A. scientists are alarmed, warning that the drilling waste is a threat to drinking water in Pennsylvania. Their concern is based partly on a 2009 study, never made public, written by an E.P.A. consultant who concluded that some sewage treatment plants were incapable of removing certain drilling waste contaminants and were probably violating the law.

The Times also found never-reported studies by the E.P.A. and a confidential study by the drilling industry that all concluded that radioactivity in drilling waste cannot be fully diluted in rivers and other waterways. ...

Photo Jessica Kourkounis for The New York Times: Looks like brown crud, not water!

Carl Orso, a truck driver, filled a beaker with wastewater from a natural gas drilling site for testing before unloading at Eureka Resources, a waste water treatment facility, in Williamsport, Penn.

By IAN URBINA


As drilling for natural gas started to climb sharply about 10 years ago, energy companies faced mounting criticism over an extraction process that involves pumping millions of gallons of water into the ground for each well and can leave significant amounts of hazardous contaminants in the water that comes back to the surface.

Drilling Down

… “State and company records show that in the year and a half that ended in December 2010, well operators reported recycling at least 320 million gallons. But at least 260 million gallons of wastewater were sent to plants that discharge their treated waste into rivers, out of a total of more than 680 million gallons of wastewater produced, according to state data posted Tuesday. Those 260 million gallons would fill more than 28,800 tanker trucks, a line of which would stretch from about New York City to Richmond, Va.” …

In Pennsylvania, for example, natural-gas companies recycled less than half of the wastewater they produced during the 18 months that ended in December, according to state records.

Nor has recycling eliminated environmental and health risks. Some methods can leave behind salts or sludge highly concentrated with radioactive material and other contaminants that can be dangerous to people and aquatic life if they get into waterways. ...

Yet in Pennsylvania, where the number of drilling permits for gas wells has jumped markedly in the last several years, in part because the state sits on a large underground gas formation known as the Marcellus Shale, such waste remains exempt from federal and state oversight, even when turned into salts and spread on roads. ...

The risks are particularly severe in Pennsylvania, which has seen a sharp increase in drilling, with roughly 71,000 active gas wells, up from about 36,000 in 2000. The level of radioactivity in the wastewater has sometimes been hundreds or even thousands of times the maximum allowed by the federal standard for drinking water. While people clearly do not drink drilling wastewater, the reason to use the drinking-water standard for comparison is that there is no comprehensive federal standard for what constitutes safe levels of radioactivity in drilling wastewater. ...


Wednesday, March 2, 2011

Digest News 2010 2011 Films Finance Politics Health Obesity Net World

Tags: Entertainment Electronics Corporate Power Investments Cost Colleges Retirement Health


Most of the news I thought Important which I covered and mostly unread or forgotten is worth your review time. Jim


Smart Phones: New i-Pad out. www.apple.com ;Motorola’s Xoom Tablet worth considering NY Times;



Entertainment: Natalie Portman: About 3 years ago she was on Letterman saying she had to move back with her parents because she could not afford her NYC apartment without making money as an actor. When Letterman has smart guests, I like to watch. Unlike what many may think, actors have to be smarter than average to succeed in acting. My experience at UCLA which is quite good in training actors showed me that many are smart and emotionally fragile. Natalie Angier of the NY Times had a nice article Science Times March 1. Portman could have been a really good scientist. Hard worker, smart, and imaginative.


Inception: Really enjoyed unlike the NY Times survey readers who disliked it immensely. I guess the older folks who read the Times have no imagination and concentration. Made $250 million already. I like to watch films on CD because with films I like, I can go to the director’s discussion about the film. Too loud at the theaters. Feb 26 Times had a survey of the Times reader’s for best films. Inception came in last. People like Royalty and wait for the UK wedding with great anticipation. The King’s Speech which I will probably regret seeing will probably be boring. The Swan, an unpopular film, will be more interesting.


U.S. Patent Law Allows Corporations to do their Own Studies on Genetically Altered Food by Doug Gurian-Sherman , www.latimes.com Feb 29, 2011. About 5 percent of weeds are now resistant to Round Up. Toxins found on corn, soybeans, and other GMO crops treated with Round Up. Monsanto refuses to provide permission for researchers to work on GMO crops. The Corporate Supreme Court by-passed regulators and allowed the production of GMO Beet Sugar. It is even hard to get data on crop yield except what they say. Some neutral observers find that GMO crops don’t add increased yields as they claim. It is just a way of making a profit and risking the health of humans all over the world.


Justice Thomas and Scalia are the oldest Catholic Supreme Court conservatives. Too bad they cannot be shamed into leaving for their crimes. Both don’t like serving, but they are so ideological that they won’t leave until their agenda is complete.


Shop for the Right Credit Card for You Tribune Feb 6, 2011, If you want to transfer debt, try to get an introductory zero interest rate for 21 months by Citi Platinum Select MasterCard and the Chase Freedom Visa. I recall the credit card companies that have the most complaints are JP Morgan Chase, Cave Men Card, and one other. If you pay each and every month, Discover Card and Cash-back cards like American Express Like blue Cash. Reward programs tend to increase spending. Also you can get a card the only lets you spend the cash you put into the card. Eg. $500.



States Widen Probe in Wall Street Fraud of State Pensions WSJ Feb 3, 2011 by overcharging the states fraudulently.


Toxic Assets Still Lurking at Banks Need to look at soon available Annual Reports to see how much they still have. Now they are allowed to hide their losses as Other comprehensive income. WSJ Feb 7, 2011.



Bond Pros such as Pimco and JP Morgan expect inflation starting this year. Probably towards the end of the year or when the Fed buying of bonds stops. Of course Food Inflation and indications that everyone is starting to raise prices support this conclusion. This thinking is too sophisticated for me to really understand.


The WSJ Feb 5-6, 2011 says sell cash (CDs) and long term bonds, Financials, utilities & consumer staples, and Gold, real estate. Buy Floating-rate funds, inflation-linked CDs Small-company value stocks, Commodities, real-return funds. They say what is happening now has no historical precedence. So it is a guessing game. Because the rich has so much assets, they tend to act early. The Financial services are telling their customers to get out of cash and longer term government bonds and Treasuries. Depending on demand can sharply increase interest rates.


Gold is now overpriced about 25 percent. WSJ. Market will probably go down about 10 percent which will draw in average investors. Probably a mistake. However, buy gold after it goes down sharply. Oil is good for the long term, but uncertain in the short term because of the uncertainty in our economy. The sharp rise in gasoline prices is not due to higher prices for oil. Oil is not bought on the spot market, but in long term contracts. That is why they have record profits now. We are the suckers. It is just an excuse to raise the price. See if it sticks. In Oregon it is now close to $4 per gallon for premium.


Emerging Markets have gone down 16 percent in the last year anticipating inflation. Inflation is rising at an alarming rate now. South Korea at a 4.1% clip, Brazil 5.6%. I warned you earlier that the big boys have succeeded getting ordinary investors into Emerging markets so they could sell. That is how it always happens. We are the suckers.


Since the Republicans are really trying to sabotage our economy by cutting programs and jobs for Americans, it is hard to tell how successful they will be. Obama now has more experience so he may be able to outwit the Republicans and blame them for the bad economy.


Since the 1980s, the middleclass got raises of one penny an hour each year. Those with incomes of $1.2 million increased their income to $6.6 million or so. Yes, the 300,000 top 0.1 percent made all the increase in income because of the Reagan revolution. Bush’s tax cuts did nothing for the MiddleClass. The shipping of 5 million jobs overseas greatly affected the income of average workers negatively. Fifty-thousand manufacturing plants were sent elsewhere during the Bush regime.


Considering only neutral polls which just asked what they favored without saying whether it was liberal or not as http://maddowblog.msnbc.com reported, showed the populist bent of Americans by a large margin. Without cultural distractions, the Republicans would lose every election. Just tell Republicans and Independents that imposing cultural norms may hurt rather than help your income because Republicans represent Large Corporations, not the small businesses where most Americans work.


Rich marginal Students are now able to buy their way into Harvard or Yale because of their large losses in the stock market. This has been the case for a long time, but it is now more open. The colleges are now saying this.


Escalating Arms Race for Top Colleges: WSJ Feb 5-6, 2011, Admission applications and rate of acceptance. MIT: 6,405 Early Applicants, 772 accepted. U.C. Berkeley, Freshman applications fall 2001 35,473; Applications fall 2011 52,900. 2001 17.8 rate of admission rate Yale 2001; Yale class 2014, 7.5%


Jennifer Moses had a twin boy and a girl. $30,000 a year for private school for her daughter, vocabulary words such as abscission, fugacious or defalcate at $125 per session, SAT and ACT tutoring $1132.87, each applying to ten or more colleges, going through many tutors to find the right one for $693, cost of the necessary visiting the colleges, $3,998.23. Cost of someone showing her twins the ropes at these colleges $703.91. She is an author and her husband is a professor at Rutgers University. She is waiting for the fat envelopes.



Structural Change in Workforce: 54 yrs 89% working or looking; 56-57 40%; About half cyclical and half structural. Baby Boomers still have plenty of money to not work and enjoy life. Work surveys should not ask whether they are happy or not, but what parts of working troubles them. Bloomberg business week. In contrast the Wall Street Journal Feb 20, 2011, reported that Boomers do not have enough to live to 85.


Fidelity has a good website for retirement: www.fidelity.com/incomestrategy There are inflation adjusted annuities and annuities bought at 65 and only works if you live beyond 85. During the 20 years it increases in value hopefully. Fiscally its a great deal and could substitute for a Nursing Care fund or insurance after 85 the average lifetime for those retiring at 65. Very expensive nursing care. Suicide much cheaper or refusing medical treatment for heart attacks and other life prolonging life is another option.


Prostate Cancer: Wait to see its progress before getting treatment. This is what they do in Europe and don’t have increased deaths.


Fiber-Rich Diet correlates strongly with Longevity. WSJ Feb 15, 2011.


Sangamo BioSCiences Gene Therapy: They think they can make Stem Cell treatments safer by avoiding viruses. Bloomberg …


Republicans Stopping Regulation of commodities and SEC by cutting off funds. Bloomberg.


Conservative Leaves Fed and Replaced by Liberal Yellen, an Inflation Dove.


Peter Coy of Bloomberg Bus Wk says the best way to fix the budget by eliminating all deductions and then telling people how much each benefit to corporations or individuals does to the cost to taxpayers.


Want a beach front hotel or condo? Go to www.thebeachfrontclub.com


Airlines are competing with other websites by having savers programs. For example Feb flights would have been cheap but not August. Some help!


Bullying: Science Times Feb 15, 2011: We seem to be a society of bullies. We love news about famous people going downhill because Americans seem to envy successful people and love to see them go down. The media attack on Charlie Sheen was cruel and excessive. Give the guy a break! I would go nuts being on television throwing out inane jokes for years.


Most bullying seems to now occur when people want to take a rival down. We only hear about the suicides. I agree with Mika Brzezinski unlike the jerk Joe that they should leave Sheen alone. Bill Maher said Sheen is a smart and great friend when he is not on drugs and alcohol.




HEALTH


North Korea: Alarming malnutrition in North Korea. Food stocks gone by mid-June. Too much rain. AP


Sharpest Increase in Strokes among men 15 through 34 with 51% increase seems have increased sharply if we compare the rate in Clintons time and Bush time. AP feb 10, 2011.



Alzheimer’s Disease: Research in this area has long had the problem of not funding imaginative approaches to solving this difficult problem affecting half of American’s by age 85. Stupidly most of the studies have been done on the genetic variant of the disease which is just a few percentage points above zero cases. Almost all are late onset disease.


The report in the Science section of the NY Times Dec 14, 2010, praises the work of the scientist who found that the victims do not make more amyloid, but for some reason cannot get rid of it. He had a hard time getting enough funding for his simple experiments which could have taken only a few months but it took seven years.


The reason I think many very smart scientists are so dumb is that once they get an idea, good or not, keeps them narrowly focused on proving their “brilliant” idea. So much literature comes out now that many ignore reading widely to generate new ideas. I sent the Sharon Begley article http://www.newsweek.com/authors/sharon-begley.html which criticizes scientists who studied Alzheimer’s Disease! Their approach was too narrow and their primary assumption is probably wrong.


Only in recent months did they give up on plaques and started considering the interruption of synaptic something I have harped on for several years. It is the only way we can explain why Alzheimer’s patients sometimes have moments of clarity. I won’t explain it here again. Discover Magazine had an article about why smart people can be so dumb.


ScienceDaily (Feb. 24, 2011) — http://www.sciencedaily.com/releases/2011/02/110223163605.htm New research shows that Alzheimer's disease and other dementing illnesses may be easily misdiagnosed in the elderly, according to early results of a study of people in Hawaii who had their brains autopsied after death.


"Diagnosing specific dementias in people who are very old is complex, but with the large increase in dementia cases expected within the next 10 years in the United States, it will be increasingly important to correctly recognize, diagnose, prevent and treat age-related cognitive decline," said study author Lon White, MD, MPH, with the Kuakini Medical System in Honolulu. …



Obesity: Reagan’s motive for making high fructose corn syrup so cheap that any amount of sweeteners could be added to prepared foods was to increase the profits of the food manufacturer. It was never tested in humans. Pets also like sweets.


In a cheaper operation of $10,000, the Omentum and parts of the stomach were removed for highly obese patents at an Alabama hospital which specializes in treating obese patents with larger door openings and much larger and stronger beds. In just one month their diabetes Type 2 disappeared and they lost a huge amount of weight.


Our Omentum controls our appetite and stores triglycerides for a rapid energy source. It is below the belly muscles and can weight about 15 pounds. That is why www.doctoroz.com recommends losing just ten pounds because this is the most harmful fat and in the era of plentiful foods, it is not necessary. The patients no longer developed hunger so they ate on schedule. This procedure is fairly new so we shall see what happens to their patients.


Gut Trillions of Microbes Controls Our Health, Weight, and Survival: I wrote about the coming of use of intestinal microbes to cure diseases and prevent obesity when the research of at its infancy. The breakthrough in technology to determine our human genome largely by the government NIT which deserves most of the credit. This led to techniques to increase the speed and accuracy of determine the DNA of many species.


This made it possible to start looking at the trillions of microbes in our intestines which greatly affects our health and welfare. Discovery Magazine March 2011.


Minnesota immunologist and gastroenterologist Alexander Khoruts saved a women’s life from an intestinal infection by Clostridium difficile which causes severe inflammation of the intestines. This bacteria goes beyond MRSA as one of the most dangerous because it has developed resistance to essentially most or all drugs. She lost over 60 pounds in months of treatments and was about the die.


Dr. Khoruts decided to try a new procedure never used on humans by giving her fecal material from her husband who was healthy to try to grow his intestinal organisms in her intestines which could fight off this bacteria. With the use of so many antibiotics her intestines were essentially free of organisms except for the Clostridium difficile which is often just called C. Difficile. He injected a saline solution her husband’s fecal sample into her colon. Within 24 hours, her diarrhea stopped. After a few days her illness symptoms were gone.


Since that time 23 other patients were successfully treated using this technique.


Our colon is often called our second brain. If you feed it the right foods, it will thrive. With many teenagers and preteens and adults getting half their calories from high fructose corn syrup made of up of free fructose and glucose and is soluble in foods and drinks to a very high extent. The poor eat much more of the high calories high sugar so they tend to more obese than more affluent Americans.


Not realized by most Americans is that we start craving foods we eat too much daily. Carbohydrate bugs proliferate and cry out for more sugar and fiberless bread and pastries. So being human and caring, we feed this machine as much as we can. This leads to obesity. Only a Chinese Mom mentality will keep their kids from straying.


Just about all animals and pets are now obese (Sharon Begley), most likely due to sugar being added to make the junk food more palatable. The chance of this happening is about 18 million to one. Many of these foods are also made from corn products of questionable nutrition and not meat. How do wild wolves survive? They eat meat. Make you own pet food or find one that is good for your dog or cat.


Eating local plain yogurt every day with my oat bran has done marvelous things to my colon. In spite of the hype about Probiotics, it can be good for you. Instead of buying the expensive stuff from Dannon, I found that plain yogurt was good enough.


Vitamin D: Yesterday USNews & Repot Health reported that the University of California, San Diego and a Texas researcher studied thousands of seniors over 65 for about 8 years to determine whether the vitamin D metabolite 25-hydroxy D, needed higher levels to prevent cancers. Surprisingly to them, it took 4,000 IU of Vitamin D3, to stop cancer growth.


I looked at the way vitamin D metabolite works. It is essentially in equilibrium with cancer enhancing substances so the more I take, the less chance I will get cancer. Once the cancer grows it throws out enzymes and proteins to block the vitamin D receptor in all our cells. The vitamin D metabolite also causes early cancer cells to self-destruct.


Only 10 percent or so seniors had levels between 30-80 nanograms/ml of the metabolite. Only those in the sun all the time during work had enough in Texas. Remember, once people live above the latitude above Los Angeles, supplements are necessary. They recommend a level about 40 nanograms per milliliter. A nano gram is one-billionth of a gram.


Exercise: Helps brain cells grow. High school students do much better in class if they exercise before class. NY Times