May 2012 archive

On This Day In History May 6

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

Find the past “On This Day in History” here.

Click on images to enlarge

May 6 is the 126th day of the year (127th in leap years) in the Gregorian calendar. There are 239 days remaining until the end of the year.



On this day in 1994, English Channel tunnel opens.

In a ceremony presided over by England’s Queen Elizabeth II and French President François Mitterand, a rail tunnel under the English Channel was officially opened, connecting Britain and the European mainland for the first time since the Ice Age.

The channel tunnel, or “Chunnel,” connects Folkstone, England, with Sangatte, France, 31 miles away.  The Chunnel cut travel time between England and France to a swift 35 minutes and eventually between London and Paris to two-and-a-half hours.

As the world’s longest undersea tunnel, the Chunnel runs under water for 23 miles, with an average depth of 150 feet below the seabed. Each day, about 30,000 people, 6,000 cars and 3,500 trucks journey through the Chunnel on passenger, shuttle and freight trains.

Millions of tons of earth were moved to build the two rail tunnels–one for northbound and one for southbound traffic–and one service tunnel.   Fifteen thousand people were employed at the peak of construction.  Ten people were killed during construction.

Proposals and attempts

In 1802, French mining engineer Albert Mathieu put forward a proposal to tunnel under the English Channel, with illumination from oil lamps, horse-drawn coaches, and an artificial island mid-Channel for changing horses.

In the 1830s, Frenchman Aimé Thomé de Gamond performed the first geological and hydrographical surveys on the Channel, between Calais and Dover. Thomé de Gamond explored several schemes and, in 1856, he presented a proposal to Napoleon III for a mined railway tunnel from Cap Gris-Nez to Eastwater Point with a port/airshaft on the Varne sandbank at a cost of 170 million francs, or less than £7 million.

In 1865, a deputation led by George Ward Hunt proposed the idea of a tunnel to the Chancellor of the Exchequer of the day, William Ewart Gladstone.

After 1867, William Low and Sir John Clarke Hawkshaw promoted ideas, but none were implemented. An official Anglo-French protocol was established in 1876 for a cross-Channel railway tunnel. In 1881, British railway entrepreneur Sir William Watkin and French Suez Canal contractor Alexandre Lavalley were in the Anglo-French Submarine Railway Company that conducted exploratory work on both sides of the Channel. On the English side a 2.13-metre (7 ft) diameter Beaumont-English boring machine dug a 1,893-metre (6,211 ft) pilot tunnel from Shakespeare Cliff. On the French side, a similar machine dug 1,669 m (5,476 ft) from Sangatte. The project was abandoned in May 1882, owing to British political and press campaigns advocating that a tunnel would compromise Britain’s national defences. These early works were encountered more than a century later during the TML project.

In 1919, during the Paris Peace Conference, British Prime Minister David Lloyd George repeatedly brought up the idea of a Channel tunnel as a way of reassuring France about British willingness to defend against another German attack. The French did not take the idea seriously and nothing came of Lloyd George’s proposal.

In 1955, defence arguments were accepted to be irrelevant because of the dominance of air power; thus, both the British and French governments supported technical and geological surveys. Construction work commenced on both sides of the Channel in 1974, a government-funded project using twin tunnels on either side of a service tunnel, with capability for car shuttle wagons. In January 1975, to the dismay of the French partners, the British government cancelled the project. The government had changed to the Labour Party and there was uncertainty about EEC membership, cost estimates had ballooned to 200% and the national economy was troubled. By this time the British Priestly tunnel boring machine was ready and the Ministry of Transport was able to do a 300 m (980 ft) experimental drive. This short tunnel would however be reused as the starting and access point for tunnelling operations from the British side.

In 1979, the “Mouse-hole Project” was suggested when the Conservatives came to power in Britain. The concept was a single-track rail tunnel with a service tunnel, but without shuttle terminals. The British government took no interest in funding the project, but Prime Minister Margaret Thatcher said she had no objection to a privately funded project. In 1981 British and French leaders Margaret Thatcher and François Mitterrand agreed to set up a working group to look into a privately funded project, and in April 1985 promoters were formally invited to submit scheme proposals. Four submissions were shortlisted:

   a rail proposal based on the 1975 scheme presented by Channel Tunnel Group/France-Manche (CTG/F-M),

   Eurobridge: a 4.5 km (2.8 mi) span suspension bridge with a roadway in an enclosed tube

   Euroroute: a 21 km (13 mi) tunnel between artificial islands approached by bridges, and

   Channel Expressway: large diameter road tunnels with mid-channel ventilation towers.

The cross-Channel ferry industry protested under the name “Flexilink”. In 1975 there was no campaign protesting against a fixed link, with one of the largest ferry operators (Sealink) being state-owned. Flexilink continued rousing opposition throughout 1986 and 1987. Public opinion strongly favoured a drive-through tunnel, but ventilation issues, concerns about accident management, and fear of driver mesmerisation led to the only shortlisted rail submission, CTG/F-M, being awarded the project.

V.P. Biden Supports Gay Marriage, WH Walks It Back

This morning on “Meet the Press“, Vice President Joe Biden had heads literally spinning when he gave his unequivocal endorsement for same sex marriage. Within minutes in the White House press room heads exploded and the walk back began.

GREGORY: Have your views evolved?

BIDEN: The good news is that as more and more Americans come to understand what this is all about is a simple proposition. Who do you love? Who do you love and will you be loyal to the person you love? And that’s what people are finding out what all marriages at their root are about. Whether they are marriages of lesbians or gay men or heterosexuals. […]

GREGORY: You’re comfortable with same-sex marriage now?

BIDEN: Look, I am Vice President of the United States of America. The president sets the policy. I am absolutely comfortable with the fact that men marrying men, women marrying women and heterosexual men marrying women are entitled to the same exact rights. All the civil rights, all the civil liberties. And quite frankly I don’t see much of a distinction beyond that. […] I think Will & Grace probably did more to educate the American public than almost anything anybody has done so far. People fear that is different and now they’re beginning to understand.

h/t Think Progress

Not quite, David. President Obama has yet to say he endorses same sex marriage. Civil Unions, yes; Marriage, no.

What Pam Spaulding said:

Biden’s comments are interesting in that they represent the President’s exact view – that gay and lesbian couples deserve the same civil rights, save the whole bit about the word “marriage.” Talk about threading the political needle.

What John Aravosis said:

Wrong.  Biden talked about the marriages of gays and lesbians being the same as heterosexual marriages.  And Axelrod’s attempt to back away from what the White House apparently sees as the radioactive nature of our civil rights is patently offensive.

Little League

Being ferociously uncoordinated I’ve never been much at team sports and still less at those that require skill.

I’ve always liked baseball though and it looks like it would be fun to play but I wouldn’t know.

When I was quite young I went to the ball fields behind my elementary school to try out for Little League.  I was hopeless of course, but they did take almost everybody and while I couldn’t hit even if the ball were perched on a tee, I could throw after a fashion and might occasionally catch one if it was carefully placed.

Alas my dreams of diamond greatness were not to be.  After failing miserably at everything else they sent me out in the field to see if I could stop grounders (almost) and shag flies.

The coach hit me a towering shot and mirabile dictu it somehow ended up in my glove.

I am convinced to this day that I would have been a bench warmer if I just hadn’t looked so surprised.

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.

Thanks to ek hornbeck, click on the link and you can access all the past “Punting the Pundits”.

Follow us on Twitter @StarsHollowGzt

The Sunday Talking Heads:

Up with Chris Hayes: This Sunday’s guests lineup may have me throwing things at the TV: Eric Schneiderman (@agschneiderman), New York attorney general and co-chair of the Mortgage Crisis Unit and Financial Fraud Enforcement Task Force; Raj Date, deputy director of the Consumer Financial Protection Bureau (@CFPB); Catherine Rampell (@crampell), economics reporter for the The New York Times; Alexis Goldstein (@alexisgoldstein), former Wall Street information technologist and member of Occupy the SEC; James Fallows (@jamesfallows), national correspondent for The Atlantic and author of China Airborne; David Frum (@davidfrum), former speechwriter for President George W. Bush and contributing editor for Newsweek/Daily Beast.

The Melissa Harris-Perry Show: No guest list at this time but after Saturday’s rah-rah Obama fest, your time may b better spent listening to some good music or taking a walk.

This Week with George Stephanopolis: Jake Tapper will sit in for George this Sunday. His guests are Obama campaign senior adviser David Axelrod and Sen. John McCain (R-AZ).

The roundtable panel guests are ABC News’ George Will, former Obama economic adviser and ABC News consultant Austan Goolsbee, Romney campaign adviser and president of The American Cause Bay Buchanan, radio and television host Tavis Smiley, and Fox News anchor Greta Van Susteren.

Face the Nation with Bob Schieffer: Mr. Schieffer’s guests are former Republican candidate Newt Gingrich, Rep. Michele Bachmann (R-MI), Sen. Chuck Schumer (D-NY), and former Vermont Governor Howard Dean, and former National Security adviser to Pres, Jimmy Carter, Zbigniew Brzezinski.

The political roundtable guests are The Wall Street Journal‘s Peggy Noonan, The Washington Post‘s Michael Gerson, Mother JonesDavid Corn and CBS News’ John Dickerson.

The Chris Matthews Show: This week’s guests are Helene Cooper, The New York Times White House Correspondent; David Ignatius, The Washington Post Columnist; Rick Stengel, TIME Managing Editor; and Katty Kay, BBC Washington Correspondent.

Meet the Press with David Gregory: The MTP guest is Vice President Joe Biden.

On the roundtable panel are Mitt Romney supporter Sen. Kelly Ayotte (R-NH); Chief Economist from Mesirow Financial Diane Swonk; and NBC’s Chuck Todd and Tom Brokaw.

State of the Union with Candy Crowley: Joining Ms. Crowley are former Republican candidate Newt Gingrich; former Gov. Ted Strickland (D-OH) and former Rep. Tom Davis (R-VA); Sen. Dianne Feinstein (D-CA) and Rep. Mike Rogers (R-MI); National Journal‘s Major Garrett and budget experts Douglas Holtz-Eakin, and Alice Rivlin.

Six In The Morning

On Sunday

Hundreds of pelicans die; stay away from beaches, Peru urges

 

By Reuters

LIMA, Peru – Peru’s government declared a health alert along its northern coastline on Saturday and urged residents and tourists alike to stay away from long stretches of beach, as it investigates the unexplained deaths of hundreds of dolphins and pelicans.

At least 1,200 birds, mostly pelicans, washed up dead along a stretch of Peru’s northern Pacific coastline in recent weeks, health officials said, after an estimated 800 dolphins died in the same area in recent months.

The Health Ministry recommended staying away from beaches, though stopped short of a ban, and called on health officials to use gloves, masks and other protective gear when collecting dead birds.




Sunday’s Headlines:

Fairtrade: Is it really fair?

Japan nuke-free for first time since ’70

France set for crucial presidential run-off

Hunger intifada? Palestinian prisoners wield new-old tool against Israel.

With Chen Guangcheng news on Twitter, China’s censors lost control

Random Japan

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The high seas

   Talk about a bad day: two men from Kanagawa were cruising up the coast to Aomori on a yakatabune when the vessel began taking on water. So they did the smart thing and headed for the nearest spot of land… which turned out to be in the no-entry zone around the Fukushima Daichi nuclear plant.

   The US Coast Guard sank a “ghost ship” that was set adrift from its mooring in Hokkaido following the March 11 earthquake. The 50-meter Ryou-Un Maru had approached within 150 miles of the coast of Alaska.

   Officials in Kochi are considering setting up underground evacuation shelters for local residents in the event of a tsunami. The structures would employ “submarine technology” and be large enough to house 200 people each.

   Police in Kanagawa were forced to issue a public apology after a drunk 73-year-old man hopped into an idling patrol car and took it for a spin.

Triple Crown: The Longest 2 Minutes In Sports

This was no ordinary homecoming.  This was a do-or-die attempt to lay the ghost of years of rejection from the horse-rearing elite and the literati who sat in those privileged boxes overlooking the track and those unprivileged craven hordes who grovelled around the centre-field where he had suffered as a boy.

The clubhouse as I remember was worse, much worse than I had expected.  It was a mess.  This was supposed to be a smart, horsey clubhouse, oozing with money and gentry, but what I saw had me skulking in corners.  It was worse than the night I spent on Skid Row a month later, back in New York.  My feet crunched broken glass on the floor.  There seemed no difference between a telephone booth and a urinal; both were used for the same purpose.  Foul messages were scrawled in human excrement on the walls and bull-necked men, in what had once been white, but were smeared and stained, seersucker suits, were doing awful things to younger but equally depraved men around every corner.  The place reminded me of a cowshed that hadn’t been cleaned in fifteen years.  Somehow I knew I had to look and observe.  It was my job.  What was I being paid for?  I was lucky to be here.  Lots of people would give their drawing arm to be able to see the actual Kentucky Derby which was now hardly an hour away.  Hunter understood and was watching me as much as he was watching the scene before us.

Something splattered the page I was drawing on and, as I moved to wipe it away, I realized too late it was somebody’s vomit.  During the worst days of the Weimar Republic, when Hitler was rising faster than a bull on heat, George Grosz, the savage satirical painter, had used human shit as a violent method of colouring his drawings.  It is a shade of brown like no other and its use makes an ultimate statement about the subject.

‘Seen enough?’, asked Hunter, pushing me hastily towards an exit that led out to the club enclosure.  I needed a drink.  ‘Er… one more trip to the inner-field Ralph I think,’ I heard Hunter say nervously.  ‘Only another half-hour to the big race.  If we don’t catch the inner-field now, we’ll miss it.’  So we went.

While the scene was as wild here as it had been in the clubhouse, it had a warmer, more human face, more colour and happiness and gay abandon – the difference in atmosphere between Hogarth’s Gin Lane and Beer Street.  One harrowed and death-like the other bloated with booze but animal-healthy.

Who would have thought I was after the gristle, the blood-throbbing veins, poisoned exquisitely by endless self-indulgence, mint juleps, and bourbon.  Hide, anyway, behind the dark shades you predatory piece of raw blubber.

The race was now getting a frenzied response as Dust Commander began to make the running.  Bangles and jewels rattled on suntanned, wobbling flesh and even the pillar men in suits were now on tip-toe, creased skin under double-chins stretched to the limit into long furrows that curved down into tight collars.

Mouths opened and closed and veins pulsed in unison as the frenzy reached its climax.  One or two slumped back as their horses failed, but the mass hysteria rose to a final orgasmic shriek, at last bubbling over into whoops of joy, hugging and back slapping.  I turned to face the track again, but it was all over.  That was it.  The 1970 Kentucky Derby won by Dust Commander with a lead of five lengths – the biggest winning margin since 1946 when Triple Crown Champion, Assault, won the Derby by eight lengths.

‘I think it’s time I was thinking of getting back to New York.  Let’s have a meal somewhere and I can phone the airline for plane times.  What day is it, we seem to have lost a weekend.  I need a drink.’

‘You need a lynching.  You’ve upset my friends and I haven’t written a goddamn word.  I’ve been too busy looking after you.  Your work here is done.  I can never come back here again.  This whole thing will probably finish me as a writer.  I have no story.’

‘Well I know we got a bit pissed and let things slip a bit but there’s lots of colour.  Lots happened.’

‘Holy Shit!  You scumbag!  This is Kentucky, not Skid Row.  I love these people.  They are my friends and you treated them like scum.’

Ralph Steadman- The Joke’s Over

The Kentucky Derby and the Slow Death of Horse Racing

By Andrew Cohen, The Atlantic

May 3 2012, 12:31 PM ET

This dark and stormy Derby week, there is no other way to put it. These are dismal days for horse racing in North America. We once said, in the grandstands and along the backstretches, that all horse racing needed to reassert itself onto the American sporting scene was a Triple Crown winner. But the last 3-year-old colt to accomplish that task was Affirmed in 1978. And that means that a third of a century, an entire generation, has come and gone without such a champion. In the meantime, chaos. The great gaming monopoly that once was horse racing has devolved into a rudderless mess.

All across the continent, from Ontario to Kentucky, from Maryland to California, the industry and the sport are under siege. From venal legislators, who have raided gaming coffers to cover their own budgetary failures. From the politically connected gaming industry, which sees horse racing as a mere nuisance. From underfunded and lazy regulators, who are more concerned about securing their own patronage than they are about enforcing the rules. And from cheating owners, trainers, jockeys, and drivers, who are laughing at the rest of us as they deposit their ill-gotten gains.



No matter who wins, every racing fan everywhere mostly prays that none of these beautiful animals (or any others) get hurt on Saturday. Remember Eight Belles? She was the filly who raced a brave second to Big Brown in the Derby in 2008 before breaking down on the track. I hosted a Derby party that year and there were maybe half a dozen children watching that race. They were rightly horrified by Eight Belles’ on-track death and I daresay that none are likely to ever want to see a horse race ever again. That’s why horse racing has to do much more to better protect the horses.

That protection begins and ends with the vices and failings of the human connections who surround every racehorse. Although there is a healthy and continuous debate within racing about the efficacy of the drugs that are lawfully given to horses, the fact is that the pervasive use of such drugs (not to mention the illegal blood-doping ones) has had a devastating long-term impact upon the horses. We breed them for speed, we push them to race early, and then we have the nerve to pump them full of drugs to hide their ailments or to make them run faster.



There is no excuse for this, on any level. The owners are to blame for permitting their trainers and veterinarians to give drugs to their horses on such a scale. The trainers are to blame for putting their financial interest above the interests of their horses’ welfare. The veterinarians are to blame for allowing themselves to be used as instruments of the horses’ destruction. Track officials are to blame for not taking seriously their obligations to ensure the safety of the horses. And regulators are to blame for not punishing even the obvious offenders.

The reason all these people so often don’t do right by their horses is because the horses are perceived as fungible property rather than as the irreplaceable centerpieces of the sport. Insiders lament the breakdowns but perceive them to be exceptions to the rule. The problem is, the public doesn’t see it that way. To the lay person, each and every breakdown is proof that racing is a brutal and violent sport and, just as importantly, that the humans in charge of it aren’t doing enough to protect the horses. The cumulative effect of that perception has severely damaged the sport’s reputation and the industry’s ability to attract new fans.

There is no carrot and no stick-no economic incentive to play fair and no fear of swift and severe punishment for transgressors. It’s a system where integrity is talked about more than it is practiced, where everyone blames everyone else. Track officials blame the regulators for not enforcing the rules. Regulators blame legislators for not giving them enough statutory power. Defense attorneys hired by the alleged transgressors are allowed by state judges to make a mockery of the justice system-often delaying suspensions until their clients are ready to take their vacations.



No one wants to be regulated. No one wants to give up what little power and control they have over their corner of the industry. And too few, clearly, are willing to spend the money it would take to increase the pace of drug testing and enforcement or to aggressively market and lobby for the sport in bold new ways. Folks will pay millions for a nice colt. But they won’t pay millions to save the sport. The industry talks and talks and talks. And its leaders ponder incremental changes when great strides are desperately needed. In the meantime, too many of the fans, owners, and bettors have gone.



It’s not rocket science. It just takes will. And sacrifice. And humility. And money. All it would take for the sport to give itself a fighting chance for the future would be for stakeholders to hold each other, and themselves, more accountable. You can’t grow horse racing today without ensuring the safety of the horses. You can’t ensure the safety of the horses without limiting the drugs in the sport and punishing the cheaters.  And you can’t market any of it until potential fans realize that the industry takes its responsibilities seriously.

Hmm… remind you of anything?

If you want to you can watch Kentucky Derby coverage from 11 am ET (on Vs. where it actually started on Wednesday) until 7 pm (on NBC, where they spare you the pre-race hype until 4).

I suppose this is good thing since you can hardly be expected to follow Horse Racing unless you’re a tout or plunger in one of the few forms of gambling deemed socially acceptable (as opposed to Poker, which is not gambling at all) and 2 year olds don’t have much of a record to handicap.

Ice Cream.  Get your Tutsi Frootsie Ice Cream.

It’s really mostly an excuse to wear hats that would be rejected from a 5th Avenue Easter Parade or Royal Wedding and get tanked up on Bourbon that is best sipped with a soda chaser and not muddled up with mint.

Mint Julep

Ingredients

  • 4 cups bourbon
  • 2 bunches fresh spearmint
  • 1 cup distilled water
  • 1 cup granulated sugar
  • Powdered sugar

Directions

To prepare mint extract, remove about 40 small mint leaves. Wash and place in a small bowl. Cover with 3 ounces bourbon. Allow the leaves to soak for 15 minutes. Then gather the leaves in paper toweling. Thoroughly wring the mint over the bowl of whisky. Dip the bundle again and repeat the process several times.

To prepare simple syrup, mix 1 cup of granulated sugar and 1 cup of distilled water in a small saucepan. Heat to dissolve sugar. Stir constantly so the sugar does not burn. Set aside to cool.

To prepare mint julep mixture, pour 3 1/2 cups of bourbon into a large glass bowl or glass pitcher. Add 1 cup of the simple syrup to the bourbon.

Now begin adding the mint extract 1 tablespoon at a time to the julep mixture. Each batch of mint extract is different, so you must taste and smell after each tablespoon is added. You are looking for a soft mint aroma and taste-generally about 3 tablespoons. When you think it’s right, pour the whole mixture back into the empty liter bottle and refrigerate it for at least 24 hours to “marry” the flavors.

To serve the julep, fill each glass (preferably a silver mint julep cup) 1/2 full with shaved ice. Insert a spring of mint and then pack in more ice to about 1-inch over the top of the cup. Then, insert a straw that has been cut to 1-inch above the top of the cup so the nose is forced close to the mint when sipping the julep.

When frost forms on the cup, pour the refrigerated julep mixture over the ice and add a sprinkle of powdered sugar to the top of the ice. Serve immediately.

Post Time is 6:24 pm ET.

Health and Fitness News

Welcome to the Stars Hollow Health and Fitness News 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.

You can now find past Health and Fitness News diaries here and on the right hand side of the Front Page.

Adding Mussel to Your Meal

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   I always associated high omega-3 content with fatty cold-water fish like salmon, mackerel and tuna, but it turns out that there are 1,472 milligrams of omega-3s in 6 ounces of mussels (the approximate amount of meat you get from a pound in the shell), only 400 milligrams less than the same amount of salmon.

   Farmed mussels are a much more ocean-friendly seafood choice than farmed salmon…. Look for mussels that are shiny and black, and somewhat heavy for their size. When you get them home, take them out of the wrapping immediately, give them a quick rinse and put them in a big bowl. Cover the bowl with a damp cloth and refrigerate until you’re ready to clean and cook them.

~Martha Rose Shulman~

Curry-Laced Moules à la Marinière With Fresh Peas

These are classic wine-steamed mussels, but the broth is seasoned with a little curry powder.

Oven-Roasted Mussels With Fresh Spinach

Mussels don’t have to be steamed. They will pop open in a hot, dry cast iron skillet, on a grill or in the oven.

Spicy Spanish Mussels

Inspired by a tapas bar in Valencia, this dish is made special by the crunchy almond and hazelnut picada added after the mussels are steamed.

Mussel Risotto

Brown rice can be added for a mixed-grains risotto.

Mussel Pizza

A dish typical of seaside towns in Italy or the south of France.

Punting the Pundits

“Punting the Pundits” is 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.

Thanks to ek hornbeck, click on the link and you can access all the past “Punting the Pundits”.

New York Times Editorial: A Clear Warning From the Jobs Numbers

This week’s economic news was mixed, but the employment report on Friday was unmistakably weak. The economy added only 115,000 jobs in April, versus 154,000 in March and 200,000-plus in each of the three months before that. Even taking into account that unusually warm winter weather probably distorted the recent results, the underlying trend shows an economy that has been creating about 175,000 jobs a month – enough to keep the recovery crawling along, but too weak to appreciably raise hiring or wages.

Nor is it clear where more growth will come from. Manufacturing picked up last month, but activity in the larger service sector slowed. Recent auto sales were up, and home sales have been slowly, if fitfully, improving, but home prices continue to fall. Consumer spending, in general, rose in the first quarter, but it appears to be driven by people who are profiting from a rising stock market. Increased market volatility, like Friday’s 168-point drop in the Dow Jones industrial average, would make them nervous and less inclined to spend.

Paul Krugman: The Rise of Orwellian Economics

These past few years have been lean times in many respects – but they’ve been boom years for agonizingly dumb, pound-your-head-on-the-table economic fallacies.

The latest fad – illustrated by a recent commentary article in The Wall Street Journal – is that expansionary monetary policy is a giveaway to banks and plutocrats generally. Indeed, that screed, titled “How the Fed Favors the 1 Percent” and written by the hedge-fund founder Mark Spitznagel, actually claims that the whole 1 versus 99 thing should really be about reining in or maybe abolishing the Federal Reserve. “The relentless expansion of credit by the Fed creates artificial disparities based on political privilege and economic power,” Mr. Spitznagel wrote.

What’s wrong with the idea that running the printing presses is a giveaway to plutocrats? Let me count the ways. First, the actual politics is utterly the reverse of what’s being claimed.

Robert Reich: The Stall Has Arrived

As I feared, the economy has stalled.

Friday’s jobs report for April was even more disappointing than March. Employers added only 115,000 new jobs, down from March’s number (the Bureau of Labor Statistics revised the March number upward to 154,000, but it’s still abysmal relative to what’s needed). At least 125,000 new jobs are necessary each month just to keep up with an expanding population of working-age people.

That means the hole is getting even deeper.

Most observers pay attention to the official rate of unemployment, which edged down to 8.1 percent in April from 8.2 percent in March. That may sound like progress, but it’s not. The unemployment rate dropped because more people dropped out of the labor force, too discouraged to look for work. The household survey, from which the rate is calculated, counts as “unemployed” only people who are actively looking for work. If you stop looking because the job scene looks hopeless for you, you’re no longer counted.

Howard Feinman: Kentucky Derby: As in Politics, You Need a Horse, and a Theory

LOUISVILLE — Once you come back here, as we did Thursday night, you remember what you used to know when you lived here but forgot: that everybody has to have a theory and a horse.

It doesn’t matter if you are a Louisvillian, or a regular visitor, or a first-timer. You are required to pick a horse, preferably a semi-obscure one, and have at the ready a plausible explanation — either impressively informed or simply wacko — for your cool choice.

There are 20 horses in the Derby, and already I’ve heard tips and touts about a half-dozen of them. Soon I will no doubt have heard an argument for each and every one.

The Derby is like politics in so many ways. Someone runs. Someone wins. People contribute money and get their hopes up. There is a weird sense that somehow all of your problems will be solved and the world will right itself if only you find the right contender.

Richard (RJ) Eskow: Geithner’s World, Part 1: Three Years Of Immunity

Here’s a walk down memory lane that’s worth taking, even if it makes your blood pressure spike a little: Three years ago Tim Geithner was in the position of having to explain why the Federal government wasn’t going to nationalize the nation’s failing banks. In 2009 many people expected that to be part of the government’s bank rescue plan.

Only three years. It seems so long ago, doesn’t it?

In 2009 there was a very compelling argument for a Federal takeover over these failing institutions, which had been so negligently (and very possibly criminally) mismanaged could no longer survive on their own. And while nationalization wasn’t the only course worth considering, this snapshot from our national past reflects the gravity of the crisis caused by bankers.

It’s also a useful reminder of the extent to which bank CEOs failed to pass even the most basic test of executive competence – namely, not destroying your own corporation.

Charles M. Blow: Teaching Me About Teaching

Next week is National Teacher Appreciation Week, and, as far as I’m concerned, they don’t get nearly enough.

On Tuesday, the United States Department of Education is hoping that people will take to Facebook and Twitter to thank a teacher who has made a difference in their lives. I want to contribute to that effort. And I plan to thank a teacher who never taught me in a classroom but taught me what it meant to be an educator: my mother.

She worked in her local school system for 34 years before retiring. Then she volunteered at a school in her district until, at age 67, she won a seat on her local school board. Education is in her blood.

Cinco de Mayo

The name simply means “The Fifth of May” and it’s an oddly U.S. American holiday.

Except in the State of Puebla they don’t much celebrate the victory over the French at the Battle of Puebla in Mexico which makes it much more like Patriot’s Day that we here in New England get to celebrate almost every year as an extra filing day (I understand there’s also a foot race in Boston).

Interestingly enough it was a stand up fight against the banksters which they lost (those who do not remember history…).  Some people say that the French intervention was intended to establish a supply line to aid the Slave Owner’s Rebellion (or as the more charitable put it, The War of the Rebellion).

Not Congressionally recognized until 2005, celebrations started in California as early as the mid 1860s and for over 100 years were most common in Southwestern States with a large population of people of Mexican descent.  Now of course it’s just another excuse to over consume the cheap crappy Tequila and Beer that Mexico exports (don’t get me wrong, there are good Mexican Beers and Tequila but Corona, Dos Equis, and Jose Cuervo are not them) and ignore real, actual factual Mexican history because we’re so fucking exceptional that understanding and caring about the countries we border is as beneath us as even knowing which ones they are.

Just don’t mistake it for Grito de Dolores.

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