October 2010 archive

Stiglitz: Dear Tea Bag Party, Government is Absolutely Essential

President Obama, this is the man who should head your Economic Council along with Robert Reich, Paul Krugman and Nouriel Roubini. Watch the entire video, it is an education in the current economic situation and how we got here.

Complete video at: Joseph Stiglitz: Freefall Commonwealth Club

What would Nobel Prize-winning economist Joseph Stiglitz say at a Tea Party convention? Stiglitz says he would defend the role of government in economic affairs, positing that the bank bailout saved the country from depression.

Joseph Stiglitz, winner of the 2001 Nobel Prize Winner for Economics and author of Freefall sits down with Andrew Leonard, Senior Technology and Business Writer for Salon.

Stiglitz argues that America exported bad economics, bad policies and bad behavior to the rest of the world. Stiglitz outlines a way forward building on ideas that he has championed his entire career: restoring the balance between markets and government; addressing the inequalities of the global financial system; and demanding more good ideas (and less ideology) from economists. – Commonwealth Club of California

Joseph Stiglitz was chief economist at the World Bank until January 2000. Before that he was the chairman of President Clinton’s Council of Economic Advisers. He was awarded the Nobel Prize in economics in 2001. He is currently a finance and economics professor at Columbia University. He is most recently the author of Freefall: America, Free Markets, and the Sinking of the World Economy.

Prime Time

Lots of College Throwball, Notre Dame @ Boston College or Stanford @ Oregon, and Florida @ Alabama.

Speed has the conclusion of The Petit Le Mans this season’s final race in the American LeMans series.  They started at 11 am and it’s a 10 hour or 1000 mile race so I expect the field and Class winners to be pretty well sorted out by the time you tune in.  They have 2 Classes of GP cars, GP and GP 2 (which are the 2 seat open cockpit cars), and GT and GT 2 (which are both recognizable ‘street machine’ based classes with marques like Porsche and Corvette), that all race at the same time so there’s a lot of overtaking.  Since the races are so long there’s often time to repair quite a bit of damage and I suspect all the most spectacular crashes will be long forgotten.

And on Vs. the much more thrilling conclusion (if you like open wheel Turn Left racing) of the IndyCar (think Danica Patrick) racing season at the Miami Indy 300.

Oh, and the Mets won today.  Season Finale tomorrow.

Dueling Stallones

Later-

SNL has Bryan Cranston and Kanye West.  GitS: SACAg2O and Angel’s Share (Episodes 16 & 17).

Zap2it TV Listings, Yahoo TV Listings

Evening Edition

Evening Edition is an Open Thread

From Yahoo News Top Stories

1 French unions up ante with latest pension protest

by Frederic Jeammes, AFP

1 hr 51 mins ago

PARIS (AFP) – French unions on Saturday brought millions of protestors onto the streets, they said, shunning strikes for rallies in their latest salvo against President Nicolas Sarkozy’s pensions reform plan.

“Around 2.9 million” demonstrators have taken part, the CFDT union’s deputy leader Marcel Grignard told AFP, “roughly the same number” as during the last day of action against raising the retirement age from 60 to 62 on September 23.

“This is a successful mobilisation. We expect the government finally to pay attention to this popular expression and take action on it’s plan,” Grignard said.

All Gallup Indicators Point to Democratic Debacle in Midterms

Crossposted from Antemedius

The Edge… There is no honest way to explain it because the only people who really know where it is are the ones who have gone over.” — Hunter S. Thompson

Leading up to the 1994 midterm elections, Bill Clinton’s job approval measured by Gallup was 46%. The Democrats subsequently lost 53 seats in the midterms that year.

Barack Obama’s presidential job approval for the last week of September was 44%. Historically in any midterm year with a president with a job approval below 50%, his party has suffered major midterm losses.

Congressional job approval measured by Gallup for the last week of September was 18% – the lowest congressional approval measured by Gallup going back through 1974.

Leading up to the 1994 midterm elections, Congressional job approval measured by Gallup was 23%. Again, the Democrats subsequently lost 53 seats in the midterms that year.

Gallup’s generic ballot – simply asking registered voters which party they plan to vote for – was tied for the last week of September at 46% for each party. Galllup’s historical data indicates that when the generic ballot is tied, Republicans are more likely than Democrats to turn out at the polls.

29 Sept. 2010 | Gallup’s Editor-in-Chief Dr. Frank Newport reviews four key indicators of midterm election results – all of which suggest the Democrats are likely to lose a significant number of House seats in November:

I and many others, including Michael Moore the other day, have many times stressed that the only way the Democrats can turn things around and not only save themselves but the country too in November is to start producing progressive results.

Obama and the Democrats have a month. I’d suggest they get busy.

Health and Fitness News

Welcome to the Stars Hollow Health and Fitness weekly diary. It will publish on Saturday afternoon and be open for discussion about health related issues including diet, exercise, health and health care issues, as well as, tips on what you can do when there is a medical emergency. Also an opportunity to share and exchange your favorite healthy recipes.

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

For Better Pastas, Try Rice Noodles

Photobucket

Rice Sticks With Uncooked Tomato Sauce, Tuna, Capers and Olives

Rice Sticks With Walnut and Basil Pesto and Green Beans

Rice Noodles With Zucchini, Tomatoes and Fresh Mint

Rice Stick Salad With Shredded Vegetables

Stir-Fried Noodles With Tofu and Peppers

Punting the Pundits: Sunday Preview Edition

Punting the Punditsis an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.

The Sunday Talking Heads:

This Week with Christiane Amanpour: Ms. Amanpour will be hosting a special town hall debate: Holy War: Should Americans Fear Islam?

The plans to build an Islamic center near Ground Zero has unleashed an international debate – raising questions about America’s uneasy relationship with Islam.

Nine years after 9/11, is rising Islamophobia a threat to religious freedom and to Muslims in America. Does Islam foster extremist ideology, even violence? Where are the moderate voices?

Join the discussion. Share with us your questions or e-mail us directly at [email protected]. A producer may also contact you to send a video message or question.

Face the Nation with Bob Schieffer: Sen. Bernie Sanders will be a guest Sunday morning. Bernie will join a panel discussion with New Mexico Governor Bill Richardson and Pennsylvania Governor Ed Rendell.

The Chris Matthews Show: Joining M. Matthews will be Dan Rather, HDNet Global Correspondent, Katty Kay, BBC Washington Correspondent, Gloria Borger, CNN Senior Political Analyst and John Harris, Politico Editor-in-Chief. They will be discussing these questions:

How New Media Have Radically Changed Politics?

The Effects of Cell Phone Cameras and YouTube?

Meet the Press with David Gregory: No “Lurch” this Sunday. Meet the Press will not air this Sunday, Oct. 3, due to NBC’s coverage of the Ryder Cup

State of the Union with Candy Crowley: With the Senate adjourned and less than one month left until midterm elections, we talk to the two men in charge of getting their fellow senators re-elected, National Republican Senatorial Committee Chairman John Cornyn (R-Texas) and Democratic Senatorial Campaign Committee Chairman Robert Menendez (D-New Jersey).

Then, a conversation about the politics of the week, including Rahm Emanuel‘s departure from the White House, with two political veterans: former Gore presidential campaign manager Donna Brazile, and former aide to President George W. Bush, Ed Gillespie.

And we talk to the Pakistan ambassador to the United States, Husain Haqqani, about the stability of the country and its role as a partner in fighting terrorism.

Fareed Zakaris: GPS: This week on GPS: a rare and exclusive interview with Wen Jiabao, the Premier of China. The last time Premier Wen spoke to Fareed Zakaria was in 2008. He hasn’t spoken to a Western reporter since. Until now that is.

The Chinese Premier speaks to Fareed about censorship in China; the ongoing controversy over China’s currency; his views on the U.S. economy — has he lost faith in American finance? Is the U.S. ripe for a double-dip recession?; the state of US-China relations; whether real political reform can come to China; and what he sees as the future of China as he prepares to leave office in 2 years.

Also, a war is ending after nearly a century. You’ll be surprised which one it is.

And finally a look at a political laugh track.

On This Day in History: October 2

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

October 2 is the 275th day of the year (276th in leap years) in the Gregorian calendar. There are 90 days remaining until the end of the year.

On this day in 1959, “The Twilight Zone” premiered on CBS television. The Twilight Zone is an American anthology television series created by Rod Serling, which ran for five seasons on CBS from 1959 to 1964. The series consisted of unrelated episodes depicting paranormal, futuristic, dystopian, or simply disturbing events; each show typically featured a surprising plot twist and was usually brought to closure with some sort of message. The series was also notable for featuring both established stars (e.g. Cliff Robertson, Ann Blyth, Jack Klugman) and younger actors who would later became famous (e.g. Robert Redford, William Shatner, Mariette Hartley, Shelley Fabares). Rod Serling served as executive producer and head writer; he wrote or co-wrote 92 of the show’s 156 episodes. He was also the show’s host, delivering on- or off-screen monologues at the beginning and end of each episode. During the first season, except for the season’s final episode, Serling’s narrations were off-camera voiceovers; he only appeared on-camera at the end of each show to promote the next episode (footage that was removed from syndicated versions but restored for DVD release, although some of these promotions exist today only in audio format).

The “twilight zone” itself is not presented as being a tangible plane, but rather a metaphor for the strange circumstances befalling the protagonists. Serling’s opening and closing narrations usually summarized the episode’s events in tones ranging from cryptic to pithy to eloquent to unsympathetic, encapsulating how and why the main character(s) had “entered the Twilight Zone”.

Morning Shinbun Saturday October 2




Saturday’s Headlines:

Fears of Chinese land grab as Beijing’s billions buy up resources

On eve of Commonwealth Games, India’s persistent red tape is in spotlight

USA

The Political Wild Card

SBA suspends major contractor GTSI from government work

Europe

Ukrainian leader tacks back towards EU from Russia

Unification still a work in progress after 20 years

Middle East

The battle for the Middle East narrative

Ominous signs in Iran under siege

Asia

Court accused of bias over mosque verdict

Japan poured oil on troubled waters

Africa

Mystery surrounds award for Swazi prime minister

Eight Die, Others Injured In Abuja Blast

Latin America

A Dangerous Journey for Brazil’s Illegal Migrants

I’m sorry for not posting the Morning Shinbun on Friday

In Real Time

What Rick Sanchez said about CNN and Jews

By  Greg Sargent, October 1, 2010; 2:16 PM ET

I’m telling you that everybody who runs CNN is a lot like Stewart, and a lot of people who run all the other networks are a lot like Stewart. And to imply that somehow they — the people in this country who are Jewish — are an oppressed minority? Yeah.

UPDATE, 3:04 p.m.: Let me try to be a bit clearer. The charitable interpretation of what he said — and I mean charitable  — is that Sanchez’s mind was on the white liberals he’d been ranting about. In the first half of the offending quote he was referring to them:

I’m telling you that everybody who runs CNN is a lot like Stewart, and a lot of people who run all the other networks are a lot like Stewart.

Then, in the second half, he addressed what his questioner had said about Jews:

And to imply that somehow they — the people in this country who are Jewish — are an oppressed minority? Yeah.

The problem is that even if he meant these comments in the less offensive way, he used the word “they” in that second half before saying “the people in this country who are Jewish.” This will be impossible for him to clarify. And, again, he very well have meant the comments in the worst way.

UPDATE, 6:23 p.m.: CNN fires Sanchez in a terse, two-sentence statement.

Today’s theme?  Bigotry got nothing to do with it.

Fraud Factories: Rep. Alan Grayson Explains the Foreclosure Fraud Crisis

Posted to YouTube September 30, 2010 by Rep. Alan Grayson…

Load more