Tag: Open Thread

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.

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June 8 is the 159th day of the year (160th in leap years) in the Gregorian calendar. There are 206 days remaining until the end of the year.

On this day in 1776, Canadian Governor Sir Guy Carleton defeats American Patriot forces under John Sullivan, who were already in retreat from Quebec toward Montreal.

After General Richard Montgomery’s early success in Montreal, he and Colonel Benedict Arnold attempted to take Quebec in the middle of the night between December 31, 1775 and January 1, 1776. Montgomery lost his life and Arnold was wounded in the action; half of their men were also lost to death, injury or capture and Quebec remained in British control. The colonists’ ill-conceived, pre-emptive attack on Canada ended in disaster. Instead of winning French Canadians to the Patriot cause, it led only to a huge loss of life among Patriot forces.

The Battle of Trois-Rivières (Three Rivers in English) was fought on June 8, 1776, during the American Revolutionary War. A British army under Quebec Governor Guy Carleton defeated an attempt by units from the Continental Army under the command of Brigadier General William Thompson to stop a British advance up the Saint Lawrence River valley. The battle occurred as a part of the American colonists’ invasion of Quebec, which had begun in September 1775 with the goal of “liberating” the province from British rule.

The crossing of the Saint Lawrence by the American troops was observed by Quebec militia, who alerted British troops at Trois-Rivières. A local farmer led the Americans into a swamp, enabling the British to land additional forces in the village, and to establish positions behind the American army. After a brief exchange between an established British line and American troops emerging from the swamp, the Americans broke into a somewhat disorganized retreat. As some avenues of retreat were cut off, the British took a sizable number of prisoners, including General Thompson and much of his staff.

This was the last major battle fought on Quebec soil. Following the defeat, the remainder of the American forces, under the command of John Sullivan, retreated, first to Fort Saint-Jean, and then to Fort Ticonderoga.

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”.

Ari Berman: Senate Republicans Block Yet Another Well-Qualified Obama Nominee

In April 2010, President Obama nominated Peter Diamond, a Nobel Prize-winning economist and MIT professor, to a seat on the Federal Reserve Board of Governors. On three different occasions the Senate Banking Committee approved his nomination. Yet Republicans in the Senate, led by Alabama’s Richard Shelby, blocked his confirmation because they disagreed with his economic policy views. “Dr. Diamond is an old-fashioned, big government Keynesian,” Shelby said. Diamond, who finally had enough of the endless delay and partisan attacks, withdrew his nomination today, explaining why in a New York Times op-ed. “Last October, I won the Nobel Prize in economics for my work on unemployment and the labor market,” he wrote. “But I am unqualified to serve on the board of the Federal Reserve-at least according to the Republican senators who have blocked my nomination.”

The absence of a Nobel Prize-winning economist at the Fed at a time of economic crisis is particularly galling. L’affaire Diamond is a perfect illustration of how Senate Republicans have abused and warped Senate rules, which I blogged about last week. Diamond suffered the same fate as other well-qualified Obama nominees, like Goodwin Liu and Dawn Johnson, who Republicans stubbornly refused to confirm.

As I noted last week, of the 1,132 executive and judicial branch nominations submitted to the Senate by President Obama, 223 nominees have yet to receive a vote on the Senate floor, according to White House data. That means that nearly 20 percent of Obama nominees have been blocked by Senate Republicans.

Robert Shatterly: The Loneliness and Courage of Thomas Drake: A Whistleblower’s Journey

“As a student of history and politics, I firmly believe that we have reached a breaking point in this country, when the government violates and erodes our very privacy and precious freedoms in the name of national security and then hides it behind the convenient label of secrecy.

This is not the America I took an oath to support and defend in my career. This is not the America I learned about while growing up in Texas and Vermont. This is not the America we are supposed to be.” —  Thomas Drake, from his acceptance speech of the 2011 Ridenhour Prize for Truth-Telling

Thomas Drake tried to do everything right. He thought that the road he was on of government service was the same road that was consistent with his values.

Immediately after his first day on the job at the National Security Agency — September 11, 2001 — he began to see those roads diverge. For years he tried to straddle them — one foot on the road of loyalty to the NSA and procedural complaint, one foot on the road consistent with his oath to uphold the Constitution. Finally he had to choose or be ethically dismembered. He chose to blow the whistle on waste, fraud, and patent illegality at the NSA. He chose consistency with his ethical sense of Constitutional duty. He knew that illegal wiretaps and the obsessive secrecy to hide them was inconsistent with democracy and the rule of law.

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.

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June 7 is the 158th day of the year (159th in leap years) in the Gregorian calendar. There are 207 days remaining until the end of the year.

On this day in 1692, a massive earthquake devastates the infamous town of Port Royal in Jamaica, killing thousands. The strong tremors, soil liquefaction and a tsunami brought on by the earthquake combined to destroy the entire town.

Port Royal was built on a small island off the coast of Jamaica in the harbor across from present-day Kingston. Many of the buildings where the 6,500 residents lived and worked were constructed right over the water. In the 17th century, Port Royal was known throughout the New World as a headquarters for piracy, smuggling and debauchery. It was described as “most wicked and sinful city in the world” and “one of the lewdest in the Christian world.”

Earthquakes in the area were not uncommon, but were usually rather small. In 1688, a tremor had toppled three homes. But four years later, late in the morning on June 7, three powerful quakes struck Jamaica. A large tsunami hit soon after, putting half of Port Royal under 40 feet of water. The HMS Swan was carried from the harbor and deposited on top of a building on the island. It turned out to be a refuge for survivors.

Piracy in Port Royal

Port Royal provided a safe harbour initially for privateers and subsequently for pirates plying the shipping lanes to and from Spain and Panama. Buccaneers found Port Royal appealing for several reasons. Its proximity to trade routes allowed them easy access to prey, but the most important advantage was the port’s proximity to several of the only safe passages or straits giving access to the Spanish Main from the Atlantic. The harbour was large enough to accommodate their ships and provided a place to careen and repair these vessels. It was also ideally situated for launching raids on Spanish settlements. From Port Royal, Henry Morgan attacked Panama, Portobello, and Maracaibo. Roche Brasiliano, John Davis (buccaneer), and Edward Mansveldt (Mansfield) also came to Port Royal.

Since the English lacked sufficient troops to prevent either the Spanish or French from seizing it, the Jamaican governors eventually turned to the pirates to defend the city.

By the 1660s, the city had gained a reputation as the Sodom of the New World where most residents were pirates, cutthroats, or prostitutes. When Charles Leslie wrote his history of Jamaica, he included a description of the pirates of Port Royal:

   Wine and women drained their wealth to such a degree that… some of them became reduced to beggary. They have been known to spend 2 or 3,000 pieces of eight in one night; and one gave a strumpet 500 to see her naked. They used to buy a pipe of wine, place it in the street, and oblige everyone that passed to drink.

The taverns of Port Royal were known for their excessive consumption of alcohol such that records even exist of the wild animals of the area partaking in the debauchery. During a passing visit, famous Dutch explorer Jan van Riebeeck is said to have described the scenes:

   The parrots of Port Royal gather to drink from the large stocks of ale with just as much alacrity as the drunks that frequent the taverns that serve it.

There is even speculation in pirate folklore that the infamous Blackbeard met a howler monkey while at leisure in a Port Royal alehouse whom he named Jefferson and formed a strong bond with during the expedition to the island of New Providence. Port Royal benefited from this lively, glamorous infamy and grew to be one of the two largest towns and the most economically important port in the English colonies. At the height of its popularity, the city had one drinking house for every ten residents. In July 1661 alone, forty new licenses were granted to taverns. During a twenty-year period that ended in 1692, nearly 6,500 people lived in Port Royal. In addition to prostitutes and buccaneers, there were four goldsmiths, forty-four tavern keepers, and a variety of artisans and merchants who lived in 2000 buildings crammed into 51 acres of real estate. 213 ships visited the seaport in 1688. The city’s wealth was so great that coins were preferred for payment rather than the more common system of bartering goods for services.

Following Henry Morgan’s appointment as lieutenant governor, Port Royal began to change. Pirates were no longer needed to defend the city. The selling of slaves took on greater importance. Upstanding citizens disliked the reputation the city had acquired. In 1687, Jamaica passed anti-piracy laws. Instead of being a safe haven for pirates, Port Royal became noted as their place of execution. Gallows Point welcomed many to their death, including Charles Vane and Calico Jack, who were hanged in 1720. Two years later, forty-one pirates met their death in one month.

Although a work of historical fiction, James Michener’s The Caribbean details the history, atmosphere and geography of Port Royal accurately.

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”.

Peter A. Diamond: When a Nobel Prize Isn’t Enough

LAST October, I won the Nobel Prize in economics for my work on unemployment and the labor market. But I am unqualified to serve on the board of the Federal Reserve – at least according to the Republican senators who have blocked my nomination. How can this be?

The easy answer is to point to shortcomings in our confirmation process and to partisan polarization in Washington. The more troubling answer, though, points to a fundamental misunderstanding: a failure to recognize that analysis of unemployment is crucial to conducting monetary policy.

In April 2010, President Obama nominated me to be one of the seven governors of the Fed. He renominated me in September, and again in January, after Senate Republicans blocked a floor vote on my confirmation. When the Senate Banking Committee took up my nomination in July and again in November,  three Republican senators voted for me each time. But the third time around, the Republicans on the committee voted in lockstep against my appointment, making it extremely unlikely that the opposition to a full Senate vote can be overcome. It is time for me to withdraw, as I plan to inform the White House.

Paul Krugman: Vouchercare Is Not Medicare

What’s in a name? A lot, the National Republican Congressional Committee obviously believes. Last week, the committee sent a letter demanding that a TV station stop running an ad declaring that the House Republican budget plan would “end Medicare.” This, the letter insisted, was a false claim: the plan would simply install a “new, sustainable version of Medicare.”

But Comcast, the station’s owner, rejected the demand – and rightly so. For Republicans are indeed seeking to dismantle Medicare as we know it, replacing it with a much worse program.

I’m seeing many attempts to shout down anyone making this obvious point, and not just from Republican politicians. For some reason, many commentators seem to believe that accurately describing what the G.O.P. is actually proposing amounts to demagoguery. But there’s nothing demagogic about telling the truth.

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.

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June 6 is the 157th day of the year (158th in leap years) in the Gregorian calendar. There are 208 days remaining until the end of the year.

On this day in 1933, eager motorists park their automobiles on the grounds of Park-In Theaters, the first-ever drive-in movie theater, located on Crescent Boulevard in Camden, New Jersey.

History

The drive-in theater was the creation of Camden, New Jersey, chemical company magnate Richard M. Hollingshead, Jr., whose family owned and operated the R.M. Hollingshead Corporation chemical plant in Camden. In 1932, Hollingshead conducted outdoor theater tests in his driveway at 212 Thomas Avenue in Riverton. After nailing a screen to trees in his backyard, he set a 1928 Kodak projector on the hood of his car and put a radio behind the screen, testing different sound levels with his car windows down and up. Blocks under vehicles in the driveway enabled him to determine the size and spacing of ramps so all automobiles could have a clear view of the screen. Following these experiments, he applied August 6, 1932, for a patent of his invention, and he was given U.S. Patent 1,909,537 on May 16, 1933. That patent was declared invalid 17 years later by the Delaware District Court.

Hollingshead’s drive-in opened in New Jersey June 6, 1933, on Admiral Wilson Boulevard at the Airport Circle in Pennsauken, a short distance from Cooper River Park. It offered 500 slots and a 40 by 50 ft (12 by 15 m) screen. He advertised his drive-in theater with the slogan, “The whole family is welcome, regardless of how noisy the children are.” (The first film shown was the Adolphe Menjou film Wife Beware.) The facility only operated three years, but during that time the concept caught on in other states. The April 15, 1934, opening of Shankweiler’s Auto Park in Orefield, Pennsylvania, was followed by Galveston’s Drive-In Short Reel Theater (July 5, 1934), the Pico in Los Angeles (September 9, 1934) and the Weymouth Drive-In Theatre in Weymouth, Massachusetts (May 6, 1936). In 1937, three more opened in Ohio, Massachusetts and Rhode Island, with another 12 during 1938 and 1939 in California, Florida, Maine, Maryland, Massachusetts, Michigan, New York, Texas and Virginia. Michigan’s first drive-in was the Eastside, which opened May 26, 1938, in Harper Woods near Detroit.

Early drive-in theaters had to deal with noise pollution issues. The original Hollingshead drive-in had speakers installed on the tower itself which caused a sound delay affecting patrons at the rear of the drive-in’s field. Attempts at outdoor speakers next to the vehicle did not produce satisfactory results. In 1941, RCA introduced in-car speakers with individual volume controls which solved the noise pollution issue and provided satisfactory sound to drive-in patrons.

Donald Trump disrespects New Yorkers by taking Sarah Palin to a pizza chain and eating his stacked slices with a fork.

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 image to enlarge

June 5 is the 156th day of the year (157th in leap years) in the Gregorian calendar. There are 209 days remaining until the end of the year

1933, the United States went off the gold standard, a monetary system in which currency is backed by gold, when Congress enacted a joint resolution nullifying the right of creditors to demand payment in gold. The United States had been on a gold standard since 1879, except for an embargo on gold exports during World War I, but bank failures during the Great Depression of the 1930s frightened the public into hoarding gold, making the policy untenable.

Soon after taking office in March 1933, Roosevelt declared a nationwide bank moratorium in order to prevent a run on the banks by consumers lacking confidence in the economy. He also forbade banks to pay out gold or to export it. According to Keynesian economic theory, one of the best ways to fight off an economic downturn is to inflate the money supply. And increasing the amount of gold held by the Federal Reserve would in turn increase its power to inflate the money supply. Facing similar pressures, Britain had dropped the gold standard in 1931, and Roosevelt had taken note.

Prolongation of the Great Depression

Some economic historians, such as American professor Barry Eichengreen, blame the gold standard of the 1920s for prolonging the Great Depression. Others including Federal Reserve Chairman Ben Bernanke and Nobel Prize winning economist Milton Friedman lay the blame at the feet of the Federal Reserve. The gold standard limited the flexibility of central banks’ monetary policy by limiting their ability to expand the money supply, and thus their ability to lower interest rates. In the US, the Federal Reserve was required by law to have 40% gold backing of its Federal Reserve demand notes, and thus, could not expand the money supply beyond what was allowed by the gold reserves held in their vaults.

In the early 1930s, the Federal Reserve defended the fixed price of dollars in respect to the gold standard by raising interest rates, trying to increase the demand for dollars. Its commitment and adherence to the gold standard explain why the U.S. did not engage in expansionary monetary policy. To compete in the international economy, the U.S. maintained high interest rates. This helped attract international investors who bought foreign assets with gold. Higher interest rates intensified the deflationary pressure on the dollar and reduced investment in U.S. banks. Commercial banks also converted Federal Reserve Notes to gold in 1931, reducing the Federal Reserve’s gold reserves, and forcing a corresponding reduction in the amount of Federal Reserve Notes in circulation. This speculative attack on the dollar created a panic in the U.S. banking system. Fearing imminent devaluation of the dollar, many foreign and domestic depositors withdrew funds from U.S. banks to convert them into gold or other assets.

The forced contraction of the money supply caused by people removing funds from the banking system during the bank panics resulted in deflation; and even as nominal interest rates dropped, inflation-adjusted real interest rates remained high, rewarding those that held onto money instead of spending it, causing a further slowdown in the economy. Recovery in the United States was slower than in Britain, in part due to Congressional reluctance to abandon the gold standard and float the U.S. currency as Britain had done.

Congress passed the Gold Reserve Act on 30 January 1934; the measure nationalized all gold by ordering the Federal Reserve banks to turn over their supply to the U.S. Treasury. In return the banks received gold certificates to be used as reserves against deposits and Federal Reserve notes. The act also authorized the president to devalue the gold dollar so that it would have no more than 60 percent of its existing weight. Under this authority the president, on 31 January 1934, fixed the value of the gold dollar at 59.06 cents.

“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”.

The Sunday Talking Heads:

This Week with Christiane Amanpour: Ms. Amanpour has an exclusive interview with the president’s top adviser on the economy, Austan Goolsbee.

To discuss the never ending stand-off on the economy and how it should be managed is 2008 Nobel Prize-winning economist, Paul Krugman of The New York Times, chief economist of the Chamber of Commerce Martin Regalia and Chrystia Freeland of Thomson Reuters.

The “This Week” roundtable takes on all the week’s politics with Republican political adviser Mark McKinnon, ABC News’ senior political correspondent, Jonathan Karl, former Clinton press secretary Dee Dee Myers and the Republican presidential candidate rising in the polls, Herman Cain.

Except for Krugman, that you can catch later on-line, weeding the garden would be more interesting.

Face the Nation with Bob Schieffer: Joining Mr. Schieffer is House Minority Leader Nancy Pelosi (D-CA) and  Mississippi Governor Haley Barbour.

The Chris Matthews Show: This week’s guests Bob Woodward, The Washington Post Associate Editor, Helene Cooper, The New York Times White House Correspondent, Alex Wagner, Politics Daily White House Correspondent and John Heilemann, New York Magazine National Political Correspondent will discuss these questions:

He won the White House as the insurgent, so how will Barack Obama win again as the incumbent?

Can Republicans run for president while running from interviews?

Meet the Press with David Gregory: We get a break from Lurch this week for live coverage of the Men’s Final of the French Open at Stade Roland Garros in Paris between Roger Federer and Rafael Nadal. This is what I’ll be watching with a café au lait and a croissant.

State of the Union with Candy Crowley: Ms. Crowley’s guests: Chief economist on President Obama’s Economic Advisory Board, Austan Goolsbee, former director of the Office of Management and Budget, Alice Rivlin, and former director of the Congressional Budget Office, Douglas Holtz-Eakin, presidential candidate Ron Paul, former White House communications director Anita Dunn and Ed Gillespie, the former Republican National Committee chairman and Counselor to President Bush.

Tennis, sleep or weeding the garden, your many options

Fareed Zakaris: GPS: Mr. Zakaria’s guests will be two top economists, Jeffrey Sachs from Columbia University and Kenneth Rogoff from Harvard and an interview with a top leader of the Muslim Brotherhood, Essam El Erian

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.

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

A few years ago, we began to hear a lot about flaxseeds. Rich in omega-3 fatty acids, these seeds also are loaded with vitamin E, B vitamins and certain important minerals (manganese, potassium, calcium, iron, magnesium, zinc and selenium). . . . .

Flaxseeds are harder than sesame seeds, so it’s a good idea to grind them – coarse or fine, depending on the recipe. That way, too, all the nutrition in flaxseeds is more readily available to the body. Keep what you don’t use in the refrigerator or freezer, as the oils in flaxseeds, like those in most nuts and seeds, will oxidize if not kept cold.

Besides using them in this week’s recipes, you can add ground toasted flaxseeds to yogurt, smoothies, granola and baked goods. You can sprinkle them on salads or mix them into salad dressings, or even stir them into mustard, mayonnaise or other sandwich spreads.

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”.

Paul Krugman: From American Conservatives, Voodoo Economics

So Representative Paul D. Ryan, the House Budget Committee chairman, recently gave a big speech defending his budget plan – and demonstrated, in case you were wondering, that there’s no “there” there (and there never was).

Remember how everyone declared that Mr. Ryan was a serious person, truly willing to face up to the United States’ deficit problem? Well, now he’s out there denouncing the way “the budget debate has degenerated into a game of green-eyeshade arithmetic” – in other words, enough with all these numbers.

And his answer to the deficit now is that we have to grow our way out.

There’s a name for that: voodoo economics.

New York Times Editorial: When States Punish Women

The Obama administration has rightly decided to reject a mean-spirited and dangerous Indiana law banning the use of Medicaid funds at Planned Parenthood clinics, which provide vital health services to low-income women.

The law, signed by Gov. Mitch Daniels of Indiana in May, is just one effort by Republican-led state legislatures around the country to end public financing for Planned Parenthood – a goal the House Republicans failed to achieve in the budget deal in April. The organization is a favorite target because a small percentage of its work involves providing abortion care even though no government money is used for that purpose.

Governor Daniels and Republican lawmakers, by depriving Planned Parenthood of about $3 million in government funds, would punish thousands of low-income women on Medicaid, who stand to lose access to affordable contraception, life-saving breast and cervical cancer screenings, and testing and treatment for H.I.V. and other sexually transmitted diseases. Making it harder for women to obtain birth control is certainly a poor strategy for reducing the number of abortions.