Tag: News

Evening Edition

Evening Edition is an Open Thread

From Yahoo News Top Stories

1 Workers swarm Europe’s streets in anti-cuts protests

by Roddy Thomson, AFP

55 mins ago

BRUSSELS (AFP) – Angry workers mounted mass street protests against spending cuts across Europe Wednesday, bringing cities to a halt, clashing with police and even ramming the gates of Ireland’s parliament.

In Brussels, the heart of the European Union, tens of thousands of people from 30 countries joined the city’s biggest march in a decade as riot police barricaded the EU headquarters against the backlash to brutal spending cuts.

Spain staged its first general strike since 2002 and thousands more also rallied in cities from Portugal to Poland, although leaders such as France’s Nicolas Sarkozy pressed on with a “historic” attack on soaring overspending.

On This Day in History: September 29

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

September 29 is the 272nd day of the year (273rd in leap years) in the Gregorian calendar. There are 93 days remaining until the end of the year.

On this day in 1547, Miguel de Cervantes, author of Don Quixote, is born this day near Madrid.

Cervantes led an adventurous life and achieved much popular success, but he nevertheless struggled financially throughout his life. Little is know about his childhood, except that he was a favorite student of Madrid humanist Juan Lopez, and that his father was an apothecary.

In 1569, Cervantes was living in Rome and working for a future cardinal. Shortly thereafter, he enlisted in the Spanish fleet to fight against the Turks. At the Battle of Lepanto in 1571, he took three bullets and suffered permanent damage to his left hand. Later, he was stationed at Palermo and Naples. On the way home to Madrid in 1575, he and his brother Roderigo were captured by Barbary pirates and held captive in Algiers. Cervantes was ransomed after five years of captivity and returned to Madrid, where he began writing. Although his records indicate he wrote 20 to 30 plays, only two survive. In 1585, he published a romance. During this time, he married a woman 18 years younger than he was and had an illegitimate daughter, whom he raised in his household. He worked as a tax collector and as a requisitioner of supplies for the navy, but was jailed for irregularities in his accounting. Some historians believe he formulated the idea for Don Quixote while in jail.

In 1604, he received the license to publish Don Quixote. Although the book began as a satire of chivalric epics, it was far more complex than a simple satire. The book blended traditional genres to create a sad portrait of a penniless man striving to live by the ideals of the past. The book was a huge success and brought Cervantes literary respect and position, but did not generate much money. He wrote dramas and short stories until a phony sequel, penned by another writer, prompted him to write Don Quixote, Part II in 1615.

Cervantes died in Madrid on April 23, 1616. In honor of the date on which both Miguel de Cervantes and William Shakespeare died, UNESCO established April 23 as the International Day of the Book. (Shakespeare and Cervantes, however, did not actually die on the same day, as the April 23 date for Shakespeare is Julian calendar (Old Style) and the April 23 date for Cervantes is Gregorian calendar (New Style) as those were the calendars in effect in England and in Spain, respectively, at that time. The Gregorian calendar was then ten days ahead of the Julian.)  

Evening Edition

Evening Edition is an Open Thread

Now with 39 Top Stories.

From Yahoo News Top Stories

1 One fifth of world’s plants threatened by extinction: study

AFP

54 mins ago

LONDON (AFP) – More than a fifth of the world’s plant species faces the threat of extinction, a trend with potentially catastrophic effects for life on Earth, according to research released on Wednesday.

But a separate study cautioned that extinction of mammals had been overestimated and suggested some mammal species thought to have been wiped out may yet be rediscovered.

Stephen Hopper, director of the Royal Botanic Gardens in Kew, London, said the report on plant loss was the most accurate mapping yet of the threat to the planet’s estimated 380,000 plant species.

On This Day in History: September 28

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

September 28 is the 271st day of the year (272nd in leap years) in the Gregorian calendar. There are 94 days remaining until the end of the year.

On this day in 1928, the antibiotic Penicillin was discovered. It’s discovery is attributed to Scottish scientist and Nobel laureate Alexander Fleming in 1928. He showed that, if Penicillium notatum  was grown in the appropriate substrate, it would exude a substance with antibiotic properties, which he dubbed penicillin. This serendipitous  observation began the modern era of antibiotic discovery. The development of penicillin for use as a medicine is attributed to the Australian Nobel laureate Howard Walter Florey together with the German Nobel laureate Ernst Chain and the English biochemist Norman Heatley.

However, several others reported the bacteriostatic effects of Penicillium earlier than Fleming. The use of bread with a blue mould (presumably penicillium) as a means of treating suppurating wounds was a staple of folk medicine in Europe since the Middle Ages. The first published reference appears in the publication of the Royal Society in 1875, by John Tyndall. Ernest Duchesne documented it in an 1897 paper, which was not accepted by the Institut Pasteur because of his youth. In March 2000, doctors at the San Juan de Dios Hospital in San José, Costa Rica published the manuscripts of the Costa Rican scientist and medical doctor Clodomiro (Clorito) Picado Twight (1887-1944). They reported Picado’s observations on the inhibitory actions of fungi of the genus Penicillium between 1915 and 1927. Picado reported his discovery to the Paris Academy of Sciences, yet did not patent it, even though his investigations started years before Fleming’s. Joseph Lister was experimenting with penicillum in 1871 for his Aseptic surgery. He found that it weakened the microbes but then he dismissed the fungi.

Fleming recounted that the date of his discovery of penicillin was on the morning of Friday, September 28, 1928. It was a fortuitous accident: in his laboratory in the basement of St. Mary’s Hospital in London (now part of Imperial College), Fleming noticed a petri dish containing Staphylococcus plate culture he had mistakenly left open, which was contaminated by blue-green mould, which had formed a visible growth. There was a halo of inhibited bacterial growth around the mould. Fleming concluded that the mould was releasing a substance that was repressing the growth and lysing the bacteria. He grew a pure culture and discovered that it was a Penicillium mould, now known to be Penicillium notatum. Charles Thom, an American specialist working at the U.S. Department of Agriculture, was the acknowledged expert, and Fleming referred the matter to him. Fleming coined the term “penicillin” to describe the filtrate of a broth culture of the Penicillium mould. Even in these early stages, penicillin was found to be most effective against Gram-positive bacteria, and ineffective against Gram-negative organisms and fungi. He expressed initial optimism that penicillin would be a useful disinfectant, being highly potent with minimal toxicity compared to antiseptics of the day, and noted its laboratory value in the isolation of “Bacillus influenzae” (now Haemophilus influenzae). After further experiments, Fleming was convinced that penicillin could not last long enough in the human body to kill pathogenic bacteria, and stopped studying it after 1931. He restarted clinical trials in 1934, and continued to try to get someone to purify it until 1940.

Evening Edition

Evening Edition is an Open Thread

From Yahoo News Top Stories

1 North Korean leader names son as general: official media

by Simon Martin, AFP

1 hr 39 mins ago

SEOUL (AFP) – North Korean leader Kim Jong-Il has appointed his youngest son as a four-star general, the communist state’s official media said Tuesday in its first mention of the young man widely seen as heir apparent.

The announcement comes hours before the scheduled opening of the biggest ruling party meeting for 30 years. The conference is expected to anoint the son Kim Jong-Un as eventual successor to the ailing 68-year-old leader.

The North’s Korean Central News Agency (KCNA) also said the leader’s sister Kim Kyong-Hui was appointed a four-star general along with Choe Ryong-Hae, a longtime aide to the Kim dynasty.

Different from Luke Russert how?

“Four Little Words” Expanded: Up Dated with ACLU Response

Back in the beginning of August I wrote about “Four Little Words”, electronic communication transactional records, which the Obama administration wanted to add to the FBI’s ability to make it easier for the FBI to compel companies to turn over records of an individual’s Internet activity without a court order if agents deem the information relevant to a terrorism or intelligence investigation. The lawyers were claiming that this would not give them access to the content of the e-mail just access to the addresses to which an Internet user sends e-mail; the times and dates e-mail was sent and received; and possibly a user’s browser history. Sounds invasive? Well, it wasn’t good enough, either. Charles Savage reports in the New York Times that Federal law enforcement and national security officials want to make it easier to wiretap the Internet.

Essentially, officials want Congress to require all services that enable communications – including encrypted e-mail transmitters like BlackBerry, social networking Web sites like Facebook and software that allows direct “peer to peer” messaging like Skype  – to be technically capable of complying if served with a wiretap order. The mandate would include being able to intercept and unscramble encrypted messages.

The bill, which the Obama administration plans to submit to lawmakers next year, raises fresh questions about how to balance security needs with protecting privacy and fostering innovation. And because security services around the world face the same problem, it could set an example that is copied globally.

The bill would also require Financial Institutions to report all electronic money transfers into and out of the country, no matter how small. Currently banks must report international money transfers of $10,000 or greater.

But critics have called it part of a disturbing trend by government security agencies in the wake of the 2001 attacks to seek more access to personal data without adequately demonstrating its utility. Financial institutions say that they already feel burdened by anti-terrorism rules requiring them to provide data, and that they object to new ones.

“These new banking surveillance programs are testing the boundaries of privacy,” said Marc Rotenberg, executive director of the Electronic Privacy Information Center. “Many consumers both in the United States and outside are likely to object.”

“This regulation is outrageous,” said Peter Djinis, a lawyer who advises financial institutions on complying with financial rules and a former FinCEN executive assistant director for regulatory policy. “Consider me old-fashioned, but I believe you need to show some evidence of criminality before you are granted unfettered access to the private financial affairs of every individual and company that dares to conduct financial transactions overseas.”

Djinis said he does not think the department has made a case that it could analyze such volumes of data effectively or needs so much raw data. “It’s presumed that the information will be valuable in anti-terrorism activity,” he said. “We’re told, ‘Trust us. Once we get the data, we’ll determine what’s legal or not.’ ”

(emphasis mine)

Marcy Wheeler points out that it may be the banks that bail us out of this further unfettered invasion of the government into our lives.

Any communication you make, any financial transaction you make, the Obama Administration thinks nine years after 9/11 is the time to demand such access.

I suspect it’s only the corporations can save us from this power grab. Not only are corporations doing business in the US not going to want all their transactions accessible by the government (we’ve already stolen enough corporate secrets), but banks aren’t going to want to track transactions at that level.

Ignorance, Greed, and Entitlement

Monday Business Edition

Republican Economics as Social Darwinism

by Robert Reich

Sunday, September 26, 2010

In the late 19th century it was called Social Darwinism. Only the fittest should survive, and any effort to save the less fit will undermine the moral fiber of society.

Republicans have wanted to destroy Social Security since it was invented… Remember George W. Bush’s proposal to privatize it? Had America agreed with him, millions of retirees would have been impoverished in 2008 when the stock market imploded.

Of course Republicans don’t talk openly about destroying Social Security, because it’s so popular. The new Republican “pledge” promises only to put it on a “fiscally responsible footing.” Translated: we’ll privatize it.



Republicans also hate unemployment insurance. They’ve voted against every extension because, they say, it coddles the unemployed and keeps them from taking available jobs.

That’s absurd. There are still 5 job seekers for every job opening, and unemployment insurance in most states pays only a small fraction of the full-time wage.



Finally, like Hoover and Mellon, Republicans want to cut the deficit and balance the budget at a time when a large portion of the workforce is idle.

This defies economic logic. When consumers aren’t spending, businesses aren’t investing and exports can’t possibly fill the gap, and when state governments are slashing their budgets, the federal government has to spend more. Otherwise, the Great Recession will turn into exactly what Hoover and Mellon ushered in – a seemingly endless Great Depression.

What are the results of Hoover/Mellon policies?

The Super Rich Get Richer, Everyone Else Gets Poorer, and the Democrats Punt

by Robert Reich

Friday, September 24, 2010

The super-rich got even wealthier this year, and yet most of them are paying even fewer taxes to support the eduction, job training, and job creation of the rest of us. According to Forbes magazine’s annual survey, just released, the combined net worth of the 400 richest Americans climbed 8% this year…



From another survey we learn that the 25 top hedge-fund managers got an average of $1 billion each, but paid an average of 17 percent in taxes (because so much of their income is considered capital gains, taxed at 15 percent thanks to the Bush tax cuts).

The rest of America got poorer, of course. The number in poverty rose to a post-war high. The median wage continues to deteriorate. And some 20 million Americans don’t have work.

Only twice before in American history has so much been held by so few, and the gap between them and the great majority been a chasm – the late 1920s, and the era of the robber barons in the 1880s.

Structure of Excuses

By PAUL KRUGMAN, The New York Times

Published: September 26, 2010

What can be done about mass unemployment? All the wise heads agree: there are no quick or easy answers. There is work to be done, but workers aren’t ready to do it – they’re in the wrong places, or they have the wrong skills. Our problems are “structural,” and will take many years to solve.

But don’t bother asking for evidence that justifies this bleak view. There isn’t any. On the contrary, all the facts suggest that high unemployment in America is the result of inadequate demand – full stop.  …



After all, what should we be seeing if statements like those of Mr. Kocherlakota or Mr. Clinton were true? The answer is, there should be significant labor shortages somewhere in America – major industries that are trying to expand but are having trouble hiring, major classes of workers who find their skills in great demand, major parts of the country with low unemployment even as the rest of the nation suffers.

None of these things exist. Job openings have plunged in every major sector, while the number of workers forced into part-time employment in almost all industries has soared. Unemployment has surged in every major occupational category. Only three states, with a combined population not much larger than that of Brooklyn, have unemployment rates below 5 percent.

Oh, and where are these firms that “can’t find appropriate workers”? … (T)he percentage citing problems with labor quality is now at an all-time low, reflecting the reality that these days even highly skilled workers are desperate for employment.

So all the evidence contradicts the claim that we’re mainly suffering from structural unemployment. Why, then, has this claim become so popular?



I’ve been looking at what self-proclaimed experts were saying about unemployment during the Great Depression; it was almost identical to what Very Serious People are saying now. Unemployment cannot be brought down rapidly, declared one 1935 analysis, because the work force is “unadaptable and untrained. It cannot respond to the opportunities which industry may offer.” A few years later, a large defense buildup finally provided a fiscal stimulus adequate to the economy’s needs – and suddenly industry was eager to employ those “unadaptable and untrained” workers.

But now, as then, powerful forces are ideologically opposed to the whole idea of government action on a sufficient scale to jump-start the economy. And that, fundamentally, is why claims that we face huge structural problems have been proliferating: they offer a reason to do nothing about the mass unemployment that is crippling our economy and our society.

So what you need to know is that there is no evidence whatsoever to back these claims. We aren’t suffering from a shortage of needed skills; we’re suffering from a lack of policy resolve. As I said, structural unemployment isn’t a real problem, it’s an excuse – a reason not to act on America’s problems at a time when action is desperately needed.

And for all their ‘Galtian’ Social Darwinist self reliance, what is the richest woman in the world doing?

Queen tried to use state poverty fund to heat Buckingham Palace

Ministers were asked if money earmarked for schools, hospitals and low-income families could be used to meet soaring fuel bills

By Robert Verkaik, The Independent

Friday, 24 September 2010

The Queen asked ministers for a poverty handout to help heat her palaces but was rebuffed because they feared it would be a public relations disaster, documents disclosed under the Freedom of Information Act reveal.

Royal aides were told that the £60m worth of energy-saving grants were aimed at families on low incomes and if the money was given to Buckingham Palace instead of housing associations or hospitals it could lead to “adverse publicity” for the Queen and the Government.

It seems our evil, greedy, immoral, hypocritical “betters” are all too willing to accept government handouts for “the right sort of people” and steal food out of the mouths of babies, the sick, and the elderly so they can line their pockets to impress others of their “class” with their conspicuous consumption and ‘flash cash’.

Business News below.

On This Day in History: September 27

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

September 27 is the 270th day of the year (271st in leap years) in the Gregorian calendar. There are 95 days remaining until the end of the year.

On this day in 1922, Jean-François Champollion deciphered the hieroglyphs of the Rosetta Stone with the help of groundwork laid by his predecessors: Athanasius Kircher, Silvestre de Sacy, Johan David Akerblad, Thomas Young, and William John Bankes. Champollion translated parts of the Rosetta Stone, showing that the Egyptian writing system was a combination of phonetic and ideographic signs.

Thomas Young was one of the first to attempt decipherment of the Egyptian hieroglyphs, basing his own work on the investigations of Swedish diplomat Akerblad, who built up a demotic  alphabet of 29 letters (15 turned out to be correct) and translated all personal names and other words in the Demotic part of the Rosetta Stone  in 1802. Akerblad however, wrongly believed that demotic was entirely phonetic or alphabetic. Young thought the same, and by 1814 he had completely translated the enchorial (which Champollion labeled Demotic as it is called today) text of the Rosetta Stone (he had a list with 86 demotic words). Young then studied the hieroglyphic alphabet and made some progress but failed to recognise that demotic and hieroglyphic texts were paraphrases and not simple translations. In 1823 he published an Account of the Recent Discoveries in Hieroglyphic Literature and Egyptian Antiquities. Some of Young’s conclusions appeared in the famous article Egypt he wrote for the 1818 edition of the Encyclopædia Britannica.

When Champollion, in 1822, published his translation of the hieroglyphs and the key to the grammatical system, Young and all others praised this work. Young had indicated in a letter to Gurney that he wished to see Champollion acknowledge that he had made use of Young’s earlier work in assisting his eventual deciphering of hieroglyphics. Champollion was unwilling to share the credit even though initially he had not recognized that hieroglyphics were phonetic. Young corrected him on this, and Champollion attempted to have an early article withdrawn once he realized his mistake. Strongly motivated by the political tensions of that time, the British supported Young and the French Champollion. Champollion completely translated the hieroglyphic grammar based in part upon the earlier work of others including Young. However, Champollion maintained that he alone had deciphered the hieroglyphs. After 1826, he did offer Young access to demotic manuscripts in the Louvre, when he was a curator. Baron Georges Cuvier (1825) credited Champollion’s work as an important aid in dating the Dendera Zodiac.

Evening Edition

Evening Edition is an Open Thread

From Yahoo News Top Stories

1 Italian bank chief’s exit sparks concern

by Mathieu Gorse, AFP

Sun Sep 26, 3:43 am ET

MILAN (AFP) – The ouster of Alessandro Profumo from the top post at Unicredit this week has sparked concern about future governance at Italy’s largest bank as other shake-ups rattle the European banking world.

Profumo’s dramatic exit following a shareholder rebellion over Libya’s growing stake in the bank rocked Italy’s financial elite and weighed down Unicredit’s share price at a time when the country’s economy is being scrutinised by investors because of its high debt levels.

Profumo, who oversaw a major international expansion by the bank in central and eastern Europe, resigned late on Tuesday after losing a shareholder confidence vote during a four-hour board meeting.

The Week In Review 9/19 – 25

260 Stories served.  37 per day.

This is actually the hardest diary to execute, and yet perhaps the most valuable because it lets you track story trends over time.  It should be a Sunday morning feature.

Load more