Oh yeah…I got the stuff!
Plenty of things for you today, so much that I have decided to break this post up into two…one for the morning…one for the early afternoon.
First some headlines:
A 21-year-old Hofstra University student who was killed in a home invasion on Friday was mistakenly shot in the head by an officer who fired eight times at a man who was holding a gun to the student’s head and then pointed it at him, the police said on Saturday. Seven of the bullets hit the man, who was also killed.
At least one officer had entered the home as Mr. Smith, clutching Ms. Rebello in a headlock with a gun to her head, tried to get to the back door, Detective Azzata said. After noticing the officer in the hallway, Mr. Smith brought Ms. Rebello closer to his body, Detective Azzata said. Mr. Smith then pointed his gun at the officer.
“At that point, the police officer fires several rounds,” Detective Azzata said. “Seven of those rounds struck our subject; one of those rounds struck the victim.”
Ms. Rebello was taken to the hospital, where she died. Mr. Smith’s weapon, a 9-millimeter handgun, had one bullet in the chamber and another in the magazine, Detective Azzata said. He never fired a shot.
Detective Azzata said the officer who fired the shots was a 12-year veteran of the force, but would not identify him or say whether the officer had acted according to protocol. He said the authorities were still investigating the circumstances surrounding the shooting.
When this shooting first took place, the police insisted the victim was shot by the suspect.
A Hofstra University student was killed in her home Friday morning during a botched robbery.
Andrea Rebello, 21, of New York, was shot dead by a masked gunman while her twin sister was in the house, cops told the New York Post. The gunman was also killed in a firefight with police.
The intruder broke into the home at about 2:20 a.m., where the sisters, one of their boyfriends and another woman were staying. The suspect held them hostage for a short time, but let the unidentified woman go to get cash from an ATM. She called police, NBC News reports.
Rebello and the gunman were killed during a firefight that erupted when police arrived. Police told the Post that the suspect killed Rebello, and cops killed him.
It is a shame that this young woman is dead, I won’t get into a debate about the details of how she became a victim of a policeman’s bullet…considering this was a hostage situation, the police knew it was a hostage situation, a lone cop entered the house, the gunman was found to have had two bullets in gun and did not shoot his weapon, the cop unloaded his gun (well, fired 8 times and hitting suspect 7 times, Rebello once) and the investigation is ongoing.
I guess we all expected this nugget of news about the IRS thing: Evidence emerges that Obama administration official knew of IRS targeting during 2012 campaign – CBS News
There were new questions Saturday night concerning if anyone in the White House was aware of the IRS’ targeting of conservative groups.
Inspector General Russell George said he informed a deputy at the Treasury Department in June of 2012 about the probe into the IRS.
The Treasury Department confirmed the timeline but said they did not know the details of the investigation until last week.
It’s the first evidence that someone within the Obama administration knew about the practice during the presidential campaign.
It is unknown whether anyone in the White House was told of the federal investigation.
And, if any of you are lucky enough: Lucky numbers for biggest Powerball jackpot are…
The winning Powerball numbers are 10, 13, 14, 22, 52 with a Powerball number of 11.
After all the mess BP caused with their Deepwater Horizon Spill you’d think drilling into deep waters of the Gulf of Mexico would be out of the question. Shell presses ahead with world’s deepest offshore oil well
Royal Dutch Shell is pressing ahead with the world’s deepest offshore oil and gas production facility by drilling almost two miles underwater in the politically sensitive Gulf of Mexico.
John Hollowell, a Shell executive vice-president, said: “This important investment demonstrates our ongoing commitment to usher in the next generation of deepwater developments, which will deliver more production growth in the Americas. We will continue our leadership in safe, innovative deepwater operations to help meet the growing demand for energy in the US.”
The move comes despite ongoing controversy over offshore exploration – especially in the Gulf of Mexico, where in April 2010 a fire and explosion on the BP Deepwater Horizon rig killed 11 workers and started a leak that took three months to cap. Last month BP said it had paid $25bn (£16bn) of the $42bn it has set aside to cover the damage caused by the spill.
Shell’s Gulf of Mexico field, called Stones, was discovered eight years ago 200 miles south-west of New Orleans and is 2,900 metres (9,500ft) below the sea. Perdido, another Shell site in the region, is currently the world’s deepest offshore well at 2,880 metres below the surface. Meanwhile the company has several other projects nearby, including its 900 metre-deep Mars field, where it is adding new infrastructure, plus its Appomattox and Vito discoveries.
Sticking with environmental issues for now, Google Earth enters fourth dimension, highlights humanity’s heavy hand | Ars Technica
Roughly four years ago, Google engineers started working with the US Geological Survey to create what it’s now calling Google Earth Engine. Thanks to NASA satellite imagery obtained as part of the Landsat program, the USGS has decades of historic images of the Earth from space, totaling somewhere in the neighborhood of 900TB of data. Google has now combed through these pictures, finding a series of consecutive images that collectively cover much of the planet’s land surface. All of the images were chosen specifically for being cloud-free and having good lighting conditions.
But these are only links dealing with the earthly environment, let us take a look at something spectacular that occurred on the lunar surface. Check it out, Huge Rock Crashes Into Moon, Sparks Giant Explosion | Space.com
The moon has a new hole on its surface thanks to a boulder that slammed into it in March, creating the biggest explosion scientists have seen on the moon since they started monitoring it.
The meteorite crashed on March 17, slamming into the lunar surface at a mind-boggling 56,000 mph (90,000 kph) and creating a new crater 65 feet wide (20 meters). The crash sparked a bright flash of light that would have been visible to anyone looking at the moon at the time with the naked eye, NASA scientists say.
“On March 17, 2013, an object about the size of a small boulder hit the lunar surface in Mare Imbrium,” Bill Cooke of NASA’s Meteoroid Environment Office said in a statement. “It exploded in a flash nearly 10 times as bright as anything we’ve ever seen before.” [The Greatest Lunar Crashes Ever]
Video and larger photos at the link.
Last week there was a showdown between Gohmert and Holder that involved a vegetable…asparagus to be precise. Colbert Takes On Gohmert’s ‘Asparagus-gate’: ‘How Dare You Cast Aspersions On That Man’s Asparagus!’ | Mediaite
Of all the contentious moments during Eric Holder‘s time before a congressional committee Wednesday, the one that stuck out to Stephen Colbert was when Rep. Louie Gohmert (R-TX) exclaimed, seemingly out of nowhere, that the attorney general was trying to “cast aspersions on my asparagus.”
Gohmert’s remark was particularly appropriate, in the eyes of Colbert, since cable news pundits had spent the hours leading up to the hearing hyping the “grilling” Holder would receive and previewing the questions he’d be “peppered with.”
“Grilled and peppered,” Colbert said. “That explains why Darrell Issa was wearing that ‘Kiss the Cook’ apron.” But, he added, Holder “bit off more than he could chew” when he went face-to-face with “magical talking cantaloupe” Louie Gohmert.
Holder challenged Gohmert’s assertion that the FBI wasn’t completely thorough in their investigation into the Boston Marathon bombings, which led to Gohmert’s accusation that the attorney general was trying to “cast aspersions on my asparagus.”
“How dare you cast aspersions on that man’s asparagus,” Colbert fired back at Holder. “What is next, sir? Libeling his lettuce? Questioning his quinoa? Arguing with his arugula? Repudiating his rutabaga? Vilifying his vinaigrette before drizzling it on his scandal salad?”
“Clearly, nation,” Colbert concluded, “we are going to need a lot more hearings on Asparagus-gate. Because the more I digest this, the worse it smells.”
Now a bit on LGBT Rights…in the country of Georgia. What I find interesting is and the men of faith who are leading the violent protest: Gay Rights Rally Is Attacked in Georgia
A throng of thousands led by priests in black robes surged through police cordons in downtown Tbilisi, Georgia, on Friday and attacked a group of about 50 gay rights demonstrators.
Carrying banners reading “No to mental genocide” and “No to gays,” the masses of mostly young men began by hurling rocks and eggs at the gay rights demonstrators.
The police pushed most of the demonstrators onto yellow minibuses to evacuate them from the scene, but, the attackers swarmed the buses, trying to break the windows with metal gratings, trash cans, rocks and even fists.
At least 12 people were reported hospitalized, including three police officers and eight or nine of the gay rights marchers.
“They wanted to kill all of us,” said Irakli Vacharadze, the head of Identoba, the Tbilisi-based gay rights advocacy group that organized the rally.
Violence promoted at the hands of the priest, what I do find curious is the statement at the end of this article…regarding the priest and the law.
A police officer helped an injured man. Gay rights marchers said priests from the Georgian Orthodox Church led the charge past police cordons.
The attack comes amid an increase in antigay talk in Russia and Georgia, whose Orthodox churches are gaining political influence.
In a statement Wednesday, the leader of the Georgian Orthodox Church, Patriarch Ilia II, compared homosexuals to drug addicts and called the rally a “violation of the rights of the majority” of Georgians.
Conservative-minded Georgians traveled from other cities to condemn the gay rights demonstrators, and one told a television station that she had come to “treat their illness.”
“We are trying to protect our orthodoxy, not to let anyone to wipe their feet on our faith,” said Manana Okhanashvili, in a head scarf and long skirt. “We must not allow them to have a gay demonstration here.”
In a telephone interview, Mr. Vacharadze of Identoba said that priests from the Georgian Orthodox Church had led the charge that broke through a heavy police corridor.
“The priests entered, the priests broke the fences and the police didn’t stop them, because the priests are above the law in Georgia,” he said.
Things never change do they. Priest always seem to be above the law.
As far as women’s rights go, in Egypt: Man Dresses As Woman to Experience Egypt’s Sexual Harassment
Would men stop sexually harassing women, or at least understand what it feels like to be verbally and physically abused, if they were to experience it themselves?
One TV program in Egypt has looked at the issue of sexual harassment by doing just that.
“Awel el Khayt” – roughly translated as “The Thread”–- is a seven-episode series aimed at covering longstanding socio-political and economic problems in the North African country.
In a recently aired 30-minute episode titled “Sexual Harassment in Egypt,” young actor Waleed Hammad took to the streets of downtown Cairo dressed as a woman in order to experience harassment firsthand.
According to an interview with Waleed Hammad at AllAfrica.com,
Hammad, who studied Economics and Theatre at the American University in Cairo, told Aswat Masriya on Monday that he blames neither men nor women for sexual harassment, but society as a whole.
“Honestly, I felt sorry for all Egyptians because the harassment wasn’t only from men; it was from women as well,” Hammad told AM, adding that receiving assaults from women was even sadder because they were oppressing their own gender.
The 24-year-old actor said that some of the catcalls were mild, while others were obscene, adding that when they first started filming, he feared that someone would blow his cover and “make a scene”.
He explained, however, that his fear was minimal as he was surrounded by the television crew which followed him during the experiment.
“When I put on the veil in the experiment, harassment became more vicious and in your face, so it’s not a problem of covering up,” Hammad said, explaining that his experiment proves wrong the argument that covering up is the solution for sexual harassment.
Take a look at the rest of the allAfrica article to read the rest of the interview with Hammad, interesting to see what his experience has showed him about living as a woman in Egypt.
And since we are on the subject of Egypt, I don’t know if you could call this life imitating art? Or at least life imitating South Park…Tunneling KFC to Gazans Craving the World Outside
The French fries arrive soggy, the chicken having long since lost its crunch. A 12-piece bucket goes for about $27 here — more than twice the $11.50 it costs just across the border in Egypt.
And for fast-food delivery, it is anything but fast: it took more than four hours for the KFC meals to arrive here on a recent afternoon from the franchise where they were cooked in El Arish, Egypt, a journey that involved two taxis, an international border, a smuggling tunnel and a young entrepreneur coordinating it all from a small shop here called Yamama — Arabic for pigeon.
Professor Abu Heen noted that when Hamas, the militant Islamist group that controls the Gaza Strip, breached the border with Egypt in 2008, during the height of the Israeli siege, thousands of Gazans flooded into El Arish and bought not just medicine and food staples but cigarettes, candy and things they did not need — just to show they had managed to bring something back from outside. Breaking the blockade, then and now, is seen as part of resisting the Israeli enemy, giving a sense of empowerment and control to people here, even if it comes in the form of fried chicken.
Even as Israel has relaxed restrictions on imports over the past few years, hundreds of illegal tunnels have flourished in Rafah. Weapons and people are smuggled underground, but so are luxury cars, construction materials and consumer goods like iPads and iPhones. And now: KFC.
Yes, they smuggle KFC through tunnels, like drugs are smuggled through Border tunnels here in the US. Now that image up top, look how closely it resembles the one below, taken from the South Park episode Medicinal Fried Chicken where:
You Got The Stuff? In this clip Cartman is picking up a delivery of goods and discovers a problem…
[Elsewhere in South Park, Cartman walks into an alley and looks around. Further in the alley he runs across a man]
Cartman: Are you Teabag?
Teabag: Maybe I am. Who’s askin’?
Cartman: Cut the crap. You got the stuff?
Teabag: Oh, I got the hookup. Question is, you got the money? [Cartman hands him a wad of bills] Alright, we’re in biz. [turns right and grabs a couple of bags of KFC food, then hands them to Cartman, who looks inside each bag] It’s all there, man.
Cartman: Extra crispy? [opens a small bowl of gravy and samples it carefully]
Teabag: ‘Course, man, I ain’t no fool.
Cartman: You trying to fuck me dude? This is cut with Boston Market gravy!
Teabag: Awww, it’s all the same shit, man.
Cartman: IT’S NOT THE SAME SHIT! [reaches behind his back for a pistol and aims it at Teabag]
Teabag: Okay okay I’m sorry, oh… [gets on his knees and shields his face]
Cartman: You’re cuttin’ Colonel’s gravy with Boston Market to try and save yourself some fuckin’ money!
Teabag: I’ll take back the gravy.
Cartman: [lunges at him with the pistol, making him get on all fours] Like anybody wants KFC without gravy!
Teabag: AAAH please. Please, I’m sorry! Take your money back! Take the KFC too! [Barbrady walks by and stops to look]
Barbrady: What’s going on back there?
Cartman: Nothin’, it’s cool.
Well, that all for this morning edition…I’ve got some real cool ass links coming up this afternoon! (Cool ass? That doesn’t sound right…) Anyway, be sure to let us know what you are reading about if you are around the internets and have a few minutes to comment today. Otherwise, see ya later on for the second half of the show.
The one thing that has become apparent to me recently is that privatizing anything related to important infrastructure is a recipe for one disaster after another. For-profit corporations are into maximizing profits to owners by either slashing costs or hiking prices. They rarely do anything that actually improves service or delivery quality. When you experience any kind of disaster that taxes the infrastructure, you learn quickly how negligent for-profits are when it comes to maintaining or fixing infrastructure. My reality since Hurricane Katrina is living with infrastructure that comes and goes on a windy day, on a drizzly day, on any kind of day that might cause our privately owned electric and natural gas company’s patched together infrastructure to hiccup. We get power outages at the super bowl, in my home, and in our water treatment plant. I’ve experienced two boil water orders in the last six months and dozens of electric outages for days on end. Cox cable’s infrastructure is just about as bad. They patch things up when they have to do it. I’ve heard excuses about hungry squirrels, curious racoons, and unusual wind events to the point I could just scream.
Then, there’s these oil pipe disasters. Why on earth would you trust an oil company with any kind of pipe line given their obvious neglect? There is a THIRD major oil spill in a week. This time it is in Texas.
Thousands of gallons of oil have spilled from a pipeline in Texas, the third accident of its kind in only a week.
Shell Pipeline, a unit of Royal Dutch Shell Plc, shut down their West Columbia, Texas, pipeline last Friday after electronic calculations conducted by the US National Response Center showed that upwards of 700 barrels had been lost, amounting to almost 30,000 gallons of crude oil.
By Monday, Shell spokespeople said inspectors found “no evidence” of an oil leak, but days later it was revealed that a breach did occur. Representatives with the US Coast Guard confirmed to Dow Jones on Thursday that roughly 50 barrels of oil spilled from a pipe near Houston, Texas and entered a waterway that connects to the Gulf of Mexico.
Coast Guard Petty Officer Steven Lehman said that Shell had dispatched clean-up crews that were working hard to correct any damage to Vince Bayou, a small waterway that runs for less than 20 miles from the Houston area into a shipping channel that opens into the Gulf.
The spill was contained, said Lehman, who was hesitant to offer an official number on how much crude was lost in the accident. According to Shell spokeswoman Kim Windon, though, the damage could have been quite significant. After being presented with the estimate that said as much as 700 barrels were found to have leaked from the pipeline due to an unknown cause, investigators determined that 60 barrels entered the bayou.
“That’s a very early estimate–things can change,” Officer Lehman told Dow Jones.
Meanwhile, though, rescue works in Arkansas have been getting their hands dirty responding to an emergency there. A rupture in ExxonMobil’s Pegasus pipeline late last week send thousands of barrels of oil into the small town of Mayflower, around 25 miles outside of Little Rock. Authorities evacuated more than 20 homes in response, and by this Thursday roughly 19,000 barrels had been recovered.
Mayflower, Ark is still fighting the sludge and will likely be doing so for some time.
We tend to think of oil spills on a massive scale, so large they are hard to imagine. Millions of barrels of crude pouring into the Bering Sea from the slashed hull of the Exxon Valdez. Tens of thousands of workers and volunteers combing hundreds of miles of Gulf Coast beaches after the Deep Water Horizon spill. But in Mayflower, Ark., the scale of an oil spill there is disturbing not for its size, but its proximity. On March 29, a 20-inch buried pipeline burst under the small town, turning backyards into tar pits and suburban streets into oil slicks.
This will probably be yet another part of our new reality given the age of pipelines–around 70 years old–and the continued negligence of oil companies who continue to make record profits and enjoy stupendous tax breaks in this country.
Residents of Washington, DC are used to jokes about metaphorical hot air, humidity, and the swampy history of their city. But there’s something they may not know about the District: it’s overrun with methane, which sometimes makes manhole covers explode.
Natural gas is mostly methane, and it is carried through underground pipes to heat buildings and cook food. Those pipes are often old, and this led ecologist and chemical engineer Robert Jackson of Duke University to drive around DC over a period of two months, regularly measuring the air to take methane levels.
He and his research team found methane leaks everywhere, with thousands of places having significantly higher than normal methane concentrations, and some places reaching 50 times normal urban levels (100 ppm vs 2 ppm). A similar study in Boston last year found essentially the same results. In DC, the source wasn’t the swamp on which the city was built — it was fossil fuel. (The methane they measured had more carbon-13 rather than the normal, modern carbon-12.)
You can laugh about this but I’ve actually seen exploding manhole covers in action. I was gigging at Balconies restaurant down in the French Quarter. The piano was situated under a window and the restaurant–now defunct–was located in a building on the 600 block of Royal. It’s a really famous intersection and the building is one of those that gets photographed all the time. The window is basically to the left of the open door where they black car is passing the building. Mule drawn carriages would stop there frequently to listen to me play and to have a cocktail or cafe au lait brought out for the occupents. Anyway, one night, after a series of exploding man hole covers had been shutting down the electricity in the Quarter, one of them in the middle of this street took off like a cannon and sliced through the top part of a car right before my eyes. Of course, the electricity went off in the area and shut down the grocery across the street, the restaurants and everything in that locale. But, I’ll tell you, that manhole cover was an unbelievable projectile. Oh, it of course, the natural gas in town is Entergy-controlled. The other thing I recall was the distinct smell of ozone burning up and the wierdish green light show. This was about 15 years ago, but damn, I will never forget watching the roof of a hard top car get sliced off like a piece of salami. It’s been fixed now since the city doesn’t tolerate anything being wrong in the French Quarter, but for about 3 months of the summer 1996, it was a wild trip with a series of exploding manhole covers and black outs. It was also the same summer I got Karma so, who knows. Maybe it was just one of those summers.
Anyway, after having lived in a city where levees failed us and electricity fails us all the time, I would just like to say that no private corporation should be left on its own with unmonitored vital infrastructure. All kinds of things are at stake. Also, you can’t trust any oil company to do right by any one but themselves after a spill. I have experience in that area too.
The Justice Department has announced a $4.5 billion dollar settlement in the BP oil spill that includes a number of very interesting things. This includes criminal indictments against two BP workers.
Two BP employees have been indicted on manslaughter charges in the 2010 Gulf oil spill disaster.
The federal indictment unsealed Thursday in New Orleans names BP well site leaders Robert Kaluza and Donald Vidrine. The indictment claims they acted negligently in their supervision of key safety tests performed on the Deepwater Horizon drilling rig before an explosion killed 11 workers in April 2010.
The indictment says Kaluza and Vidrine failed to phone engineers onshore to alert them of problems in the drilling operation.
The charges come on the same day that BP announced that it has agreed to pay $4.5 billion in a settlement with the U.S. government to plead guilty to felony counts related to the deaths of 11 workers and lying to Congress.
Also Thursday, BP said it will pay $4.5 billion in a settlement with the U.S. government over the the spill.
BP will pay approximately $4.5 billion and plead guilty to criminal charges as part of a settlement with the U.S. government over the deadly Deepwater Horizon rig explosion and massive oil spill in the Gulf of Mexico in 2010, the London-based oil giant said Thursday.
The settlement total, to be paid out over five years, includes $1.25 billion in criminal fines — the largest such penalty ever.
In addition, a BP executive has been indicted on charges he lied to authorities about his work estimating the Gulf spill rate and two BP employees have been indicted on manslaughter charges, The Associated Press reported.
U.S. Attorney General Eric Holder and other federal officials were expected to comment on the wide-ranging settlement later Thursday at a news conference in New Orleans.
BP said it would plead guilty to 11 felony counts of misconduct or neglect relating to the death of 11 workers, one misdemeanor count under the Clean Water Act, one misdemeanor count under the Migratory Bird Treaty Act, and one felony count of obstruction of Congress.
This indictment is the one I find most interesting.
Separately, a federal indictment unsealed Thursday charges David Rainey, who was BP’s vice president of exploration for the Gulf of Mexico, on charges of obstruction of Congress and false statements, the AP reported. He is accused of lying to federal investigators when they asked him how he calculated a flow rate estimate for BP’s blown-out well in the days after the disaster.
This obstruction charge has to do with the way they calculated the gusher rate. This is a separate settlement from the suit settled in March that had to do with individuals impacted by the oil spill. This is a huge settlement. None of these fines will be tax deductible.
The day of reckoning comes more than two years after the nation’s worst offshore oil spill. The figure includes nearly $1.3 billion in criminal fines – the biggest criminal penalty in U.S. history – along with payments to certain government entities.
“We believe this resolution is in the best interest of BP and its shareholders,” said Carl-Henric Svanberg, BP chairman. “It removes two significant legal risks and allows us to vigorously defend the company against the remaining civil claims.”
The settlement, which is subject to approval by a federal judge, includes payments of nearly $2.4 billion to the National Fish and Wildlife Foundation, $350 million to the National Academy of Sciences and about $500 million to the Securities and Exchange Commission. The SEC accused BP of misleading investors by lowballing the amount of crude spewing from the ruptured well.
London-based BP said in a statement that the settlement would not cover any civil penalties the U.S. government might seek under the Clean Water Act and other laws. Nor does it cover billions of dollars in claims brought by states, businesses and individuals, including fishermen, restaurants and property owners.
A federal judge in New Orleans is weighing a separate, proposed $7.8 billion settlement between BP and more than 100,000 businesses and individuals who say they were harmed by the spill.
This settlement ought to go a long way to boost the economy of coastal Louisiana and to restore the ecosystems. It’s about time. However, this doesn’t end things.
Stuart Smith, a Louisiana lawyer representing some of the businesses affected by the accident, told the BBC the deal was far from over.
“They have not settled with the state of Louisiana for the natural damages… they haven’t settled with Florida, Alabama [or] Mississippi yet.”
He added that there were other significant claims still to be settled, including offshore oil and gas industry damages as a result of the moratorium on deepwater drilling put in place after the accident, casino losses, fisheries, financial institutions and real estate developers.
“So I think they’re still looking at billions of dollars in exposure even with this settlement,” he said.
I hope the long term effects of the spill continue to siphon money from BP. We have yet to see the biggest health effects and there are still many issues remaining at the bottom of the gulf impacting our wildlife and the entire set of plants and sealife that support the many many birds, animals, fish and reptiles that call the gulf home. I still haven’t put a toe in the Gulf and I’m very cautious about eating Gulf Seafood. This has really changed every one’s life down here and they should pay and pay and pay and pay …
President Obama made a surprise visit to Afghanistan yesterday:
…the document Mr. Obama signed with President Hamid Karzai of Afghanistan during the whirlwind visit was formally titled the “Enduring Strategic Partnership Agreement.” It is meant to address the United States’ role even after the American-led alliance ends its combat role in 2014.
You can read the text of the Presidents speech here:
The latest out of the mouths of Romney supporters, and by that I am talking the kind of supporters who show that support with moola. Via Think Progress:
Income inequality in the United States has skyrocketed over the last several decades and especially since the Great Recession, so much so that it is now worse than in Ivory Coast and Pakistan. It may even be worse than it was in Ancient Rome, a society built on slave labor.
That income inequality is crushing the middle class and its political power. But don’t tell that to Edward Conard, a top donor to presumptive Republican presidential candidate Mitt Romney who gained notoriety during the campaign as a million-dollar mystery donor who set up a shell company to shield his identity. Conard, a former director at the Romney-founded Bain Capital, is working on a new book in which he argues that income inequality is a good thing, and what the U.S. really needs is more of it, the New York Times’ Adam Davidson reports…
Romney’s Former Bain Partner Makes a Case for Inequality – Here is the article that is mentioned up top. I wanted to bring this chunk of crap to your attention first…I wonder what Dak will think about Conrad’s explanation of what happened in 2008:
Every once in a while, this system breaks down. For one reason or another, the savers panic and demand all their money back. This causes a massive problem because the money isn’t sitting at the bank; it’s out in the world in the form of long-term loans. “A lot of people don’t realize that what happened in 2008 was nearly identical to what happened in 1929,” he says. “Depositors ran to the bank to withdraw their money only to discover, like the citizens of Bedford Falls” — referring to the movie “It’s a Wonderful Life” — “that there was no money in the vault. All that money had been lent.”
In 2008 it was large pension funds, insurance companies and other huge institutional investors that withdrew in panic. Conard argues in retrospect that it was these withdrawals that led to the crisis — not, as so many others have argued, an orgy of irresponsible lending. He points to the fact that, according to the Financial Crisis Inquiry Commission, banks lost $320 billion through mortgage-backed securities, but withdrawals disproportionately amounted to five times that. This stance, which largely absolves the banks, is not shared by many analysts. Regardless, Conard told me: “The banks did what we wanted them to do. They put short-term money back into the economy. What they didn’t expect is that depositors would withdraw their money, because they hadn’t withdrawn their money en masse since 1929.”
Conard concedes that the banks made some mistakes, but the important thing now, he says, is to provide them even stronger government support. He advocates creating a new government program that guarantees to bail out the banks if they ever face another run. As for exotic derivatives, Conard doesn’t see a problem. He argues that collateralized-debt obligations, credit-default swaps, mortgage-backed securities and other (now deemed toxic) financial products were fundamentally sound. They were new tools that served a market need for the world’s most sophisticated investors, who bought them in droves. And they didn’t cause the panic anyway, he says; the withdrawals did.
Hmmmmm…Wasn’t there a song in Mary Poppins about causing a “run on the bank” with some old white guys singing about the importance of saving your toppins?
Anyway, here is the money quote from the Think Progress article:
Unlike his former colleagues, Conard wants to have an open conversation about wealth. He has spent the last four years writing a book that he hopes will forever change the way we view the superrich’s role in our society. “Unintended Consequences: Why Everything You’ve Been Told About the Economy Is Wrong,” to be published in hardcover next month by Portfolio, aggressively argues that the enormous and growing income inequality in the United States is not a sign that the system is rigged. On the contrary, Conard writes, it is a sign that our economy is working. And if we had a little more of it, then everyone, particularly the 99 percent, would be better off. This could be the most hated book of the year.
Conard instead argues that income inequality helps everyone because investors grow wealthy by creating products that benefit the 99 percent. Though that is certainly true to an extent, Conard’s line of thinking leads to the supply-side policies that are proven failures at “growing the pie” for everyone. The Bush tax cuts for the wealthy, for instance, were supposed to create jobs and spark economic growth for everyone. They did neither, instead saddling the nation with unsustainable debt and deficits that Republicans are now using to justify massive budget cuts to programs that benefit the lower- and middle-classes.
And while investors like Conard made luxuries available to some Americans, they also bankrupted companies and left workers without jobs, pensions, or health care. Bain Capital, in fact, made billions of dollars for people like Romney and Conard while bankrupting nearly a quarter of the companies in which it invested.
Moving on to Texas, Ralph posted a comment yesterday about the decision which benefited Planned Parenthood. I had hoped it was a good thing, but then Republican Judge Jerry Smith Blocks Pro-Planned Parenthood Order Just Hours After It Was Issued
Yesterday afternoon, a federal trial court in Texas granted a preliminary injunction preventing the state from cutting off women’s health funds to Planned Parenthood. The trial court’s opinion was written by Judge Lee Yeakel — a George W. Bush appointee — and it is 24 pages long, including substantial analysis of difficult constitutional doctrines such as the scope of the First Amendment right to free speech and the “unconstitutional conditions” doctrine. Significantly, the Bush-appointed trial judge was concerned that Texas stripped funds from Planned Parenthood because it disapproved of the organization’s advocacy in favor of women’s health — a direct attack on Planned Parenthood’s First Amendment rights if Yeakel is correct.
This morning, less than 24 hours after Yeakel handed down his decision, Judge Smith handed down a two sentence decision of his own:
IT IS ORDERED that appellant’s motion for stay pending appeal is GRANTED pending further order of this court. This order is entered by a single judge pursuant to FED. R. APP. P. 8(a)(2)(D).
Several things are significant about this very brief order. First, Judge Smith is a court of appeals judge, and it is very rare for an appeals judge to act alone in this way. Federal appeals courts almost always act as three judge panels, and for very good reason. Judge Yeakel is no less a federal judge than Judge Smith, and he is no less competent that Smith to interpret the Constitution. A court of appeals’ legitimacy generally flows from the fact that it brings more minds to a legal question than a trial court — but this cannot happen when a single judge acts alone.
This is a very unusual turn of events…
More importantly, it’s unlikely that Smith gave his order much thought at all before handing it down. Judge Yeakel handed down his order weeks after this case was filed, and he produced a 24 page explanation of why it was justified. Smith spent, at most, a few hours — and he offered no explanation whatsoever.
If nothing else, today’s order highlights the foolishness of Smith’s partisan tantrum several weeks ago. Unusual orders — even unusual orders handed down by single judges — are sometimes justified even if the legal reasoning behind such an order is not immediately apparent. Nevertheless, the legitimacy of such orders flows from the public’s trust that they are motivated by obedience to the law and not by partisanship, ideology or personal grievances. Judge Smith thumbed his nose at that trust when he lashed out at Obama last month, and undermined the legitimacy of the entire judiciary in the process.
I know that we have discussed the new drilling permits given to BP, well here is an update on that: BP to Erect 3 More Rigs in the Gulf
You read that correctly. Two years after BP’s Deepwater Horizon rig exploded, killing 11 people and spilling nearly 5 million barrels of crude oil into the Gulf of Mexico, the company got the go-ahead to build three new rigs in the region.
A BP representative—Bernard Looney—said that “after much soul-searching,” abandoning the undeveloped submarine oil fields would constitute “walking away” from “a key component of our future.” He said BP would work hard to prevent “such an accident from ever happening again.”
Looney, yup…you read that guy’s name correctly, the only response I have about this “soul searching” comment is…WTF?
There’s a new sheriff in town: Richard Myers Named New Sanford Police Chief Amid Discord Between Officials, Cops
(Well, technically he is not a sheriff, but it had a good ring to it. )
Sanford officials have selected a new interim police chief following several shakeups in the department in the aftermath of the Trayvon Martin shooting. Norton Bonaparte, the city manager, picked Richard Myers, a former chief of police in Colorado Springs, Colo., and Appleton, Wisc., to be the town’s new top cop.
He replaces Bill Lee…and we all know what happened on his watch.
Myers’ hiring comes amid growing tension between the department and city government, as officers and city officials have complained that Lee has been unfairly treated.
According to one city official, nearly 40 police officers met privately with the mayor and the city commission to voice their anger over the decision to force Lee from the department. Velma Williams, the city’s lone black commissioner, characterized the tone of the meeting as rancorous.
“They disrespected me and they disrespected the mayor,” she said.
Community leaders and many black residents said that Bonaparte jeopardized his political future by dragging his feet in making a decision on Lee’s fate early on. While the police chief serves at the pleasure of the city manager, the city manager serves at the pleasure of the city commission.
There were some separation agreements in the works between Bonaparte and Lee, and not only that, the letter that Lee gave as resignation had a questionable tone.
Williams said the April 23 vote was called moments after the group received the letter.
“When we arrived there at 4 o’clock, none of us had seen the letter of resignation,” Williams said.
Williams, who voted to accept Lee’s resignation, said that she voted on it sight unseen and didn’t read it until she arrived home later that night. But had she read it at the meeting, she said, “I wouldn’t have voted in support of Lee, but I would have said, ‘There’s no way that I can vote one way or another on this particular letter of resignation.’”
She said that when she and the other commissioners finally did read through Lee’s letter, red flags started going up. Among them, the letter seems to imply that Lee is being forced out and stipulates that he has violated no laws and that he would willingly return to his position if asked to do so.
Excerpts from Chief Lee’s resignation letter read in part:
It was an honor to be selected to serve the City of Sanford as its Chief of Police. Since taking the position, it is clear that while working with the men and women of the Sanford Police Department, we have moved the organization toward becoming a more effective and professional organization capable of providing a higher level of service to our community. Through this process, I have seen an increase in the morale of the men and women at the Department.
I have followed the law and acceptable law enforcement practices in performing my duties and responsibilities and have not taken any action or engaged in any conduct that would adversely impact the men and women of the Police Department, who so diligently and bravely serve the citizens of Sanford. I am willing, ready and able to continue to perform the duties of Chief of Police for the City of Sanford and have not been found to have committed any wrongdoing. However, in response to the City Manager’s suggestion that I resign from my position and solely to allow the city to move beyond recent events, I have decided that I can no longer serve as Police Chief.
Williams said of the letter, “You don’t say in your letter of resignation that they are forcing you out. Once people read it, people were in awe about what was in there, wondering, ‘What kind of resignation is that?’”
There are some who are questioning the choice of Myers, because Myers has issues:
Yet Myers comes to Sanford’s beleaguered police department with baggage of his own.
According to reports, Myers was forced out of the Colorado Springs police department in 2011 upon news of two scandals there, one of which involved an officer arrested for molesting children and another in which an officer lied to get an ex-boyfriend arrested.
That does not instill confidence does it?
Sanford interim police chief: Sanford hires interim police chief Richard Myers -According to this article from Orlando Sentinel:
…controversy surrounded much of Myers’ time in Colorado Springs, including the arrest of two officers, one of whom was charged with molesting children. Another controversy involved a botched sting at the restaurant chain Hooters. In June 2011, officers cited a waitress for serving an intoxicated patron. However, a video raised questions about whether the officers had lied in a report. The officers were cleared of any wrongdoing.
Myers resigned in October, and The Gazette, a newspaper in Colorado Springs, reported that Myers was forced out of the job as a result of the mayor’s desire to “change direction.” Myers then became interim chief in Manitou Springs, Colo., a suburb of Colorado Springs.
Sanford officials have scheduled a news conference for Friday morning at City Hall to introduce Myers. He will be the fifth person to act as police chief in Sanford in the past two years.
I guess time will tell.
Anyway, that is all I can muster this morning. What is going on in your world this morning?
This Morning Reads will have a theme. Two years ago the Gulf was oozing nasty, icky, oil. Like Hurricane Katrina, it’s an event that’s changed our lives down here in ways that are hard to explain and share. We’ve not fully recovered from either of these events. That’s not exactly what the Oil, the seafood, or the tourist industry wants any one to tell you. It’s not what state, local, and federal governments and agencies want you to know either.
But there it is. There is still devastation. There are huge problems. The folks that created the problems are not being held to account.
The stories I will share are human, animal, vegetable, and mineral. The BP Spill turned an entire ecosystem and way of living inside out. It’s being covered up by smiling people inviting you to our Gulf Coast Cities and Beaches in ads. It’s being hidden behind pictures of big heaping plates of staged seafood buffets. What’s hidden behind the ads and the promos is disturbing science, economics, medicine, and social upheaval. Here’s somethings you may want to know from our local news stations, scientists, and doctors.
On some Florida Panhandle beaches, swimmers can come off the beach with oil from the BP oil spill still on their skin — two years after that environmental disaster.
And, even after showering, the oil can still be on their skin. Only an ultraviolent light can show it.
Tampa Bay Times environmental reporter Craig Pittman says that’s because leaked oil, mixed with chemical dispersant sprayed on the spill two years ago to break it up, is pooling in some shallow waters of Panhandle beaches.
And the mixture actually accelerates absorption by human skin. Seen under the ultraviolet light, it’s kind of creepy.
n August 2011 the Government Accountability Project (GAP) began its investigation of the public health threats associated with the oil spill cleanup, the results of which will be released this summer. “Over twenty-five whistleblowers in our investigation have reported the worst public health tragedies of any investigation in GAP’s thirty-five-year history,” Shanna Devine, GAP legislative campaign coordinator, told me.
Witnesses reported a host of ailments, including eye, nose and throat irritation; respiratory problems; blood in urine, vomit and rectal bleeding; seizures; nausea and violent vomiting episodes that last for hours; skin irritation, burning and lesions; short-term memory loss and confusion; liver and kidney damage; central nervous system effects and nervous system damage; hypertension; and miscarriages.
Cleanup workers reported being threatened with termination when they requested respirators, because it would “look bad in media coverage,” or they were told that respirators were not necessary because the chemical dispersant Corexit was “as safe as Dawn dishwashing soap.” Cleanup workers and residents reported being directly sprayed with Corexit, resulting in skin lesions and blurred eyesight. Many noted that when they left the Gulf, their symptoms subsided, only to recur when they returned.
According to the health departments of Louisiana, Mississippi and Alabama, from June to September 2010, when they stopped keeping track, more than 700 people sought health services with complaints “believed to be related to exposure to pollutants from the oil spill.” But this is likely an extreme undercount, as most people did not know to report their symptoms as related to the oil spill, nor did their physicians ask. Like virtually everyone I have interviewed on the Gulf Coast over the past two years—including dozens for this article—Nicole Maurer’s doctors did not even inquire about her children’s exposure to oil or Corexit.
It will take years to determine the actual number of affected people. The National Institute of Environmental Health Sciences (NIEHS), with financial support from BP, is conducting several multiyear health impact studies, which are only just getting under way. I spoke with all but one of the studies’ national and Gulf Coast directors. “People were getting misdiagnosed for sure,” says Dr. Edward Trapido, director of two NIEHS studies on women’s and children’s health and associate dean for research at the Louisiana State University School of Public Health. “Most doctors simply didn’t know what questions to ask or what to look for.” There are only two board-certified occupational physicians in Louisiana, according to Trapido, and only one also board-certified as a toxicologist: Dr. James Diaz, director of the Environmental and Occupa-tional Health Sciences Program at Louisiana State University.
Diaz calls the BP spill a toxic “gumbo of chemicals” to which the people, places and wildlife of the Gulf continue to be exposed.
From a George Washington Blog Post Crossposted at Naked Capitalism: The Gulf Ecosystem Is Being Decimated. This is a huge list of sources covering the many problems.
New York Times: “Gulf Dolphins Exposed to Oil Are Seriously Ill, Agency Says
Mother Jones: Eyeless shrimp are being found all over the Gulf
Pensacola News Journal: “Sick fish” archive
Agence France Presse: Mystery illnesses plague Louisiana oil spill crews
AP: BP oil spill the culprit for slow death of deep-sea coral, scientists say (and see the Guardian and AFP‘s write ups)
A recent report also notes that there are flesh-eating bacteria in tar balls of BP oil washing up on Gulf beaches
And all of that lovely Corexit dispersant sprayed on water, land and air? It inhibits the ability of microbes to break down oil, and allows oil and other chemicals to be speed past the normal barriers of human skin.
Just google up the Legacy of the BP Oil Spill and feast your eyes on the eyeless shrimp, lesions on fish, and all the dead sea mammals washing up on Gulf Cost beaches. This is from AJ.
“The fishermen have never seen anything like this,” Dr Jim Cowan told Al Jazeera. “And in my 20 years working on red snapper, looking at somewhere between 20 and 30,000 fish, I’ve never seen anything like this either.”
Dr Cowan, with Louisiana State University’s Department of Oceanography and Coastal Sciences started hearing about fish with sores and lesions from fishermen in November 2010.
Cowan’s findings replicate those of others living along vast areas of the Gulf Coast that have been impacted by BP’s oil and dispersants.
Gulf of Mexico fishermen, scientists and seafood processors have told Al Jazeera they are finding disturbing numbers of mutated shrimp, crab and fish that they believe are deformed by chemicals released during BP’s 2010 oil disaster.
Along with collapsing fisheries, signs of malignant impact on the regional ecosystem are ominous: horribly mutated shrimp, fish with oozing sores, underdeveloped blue crabs lacking claws, eyeless crabs and shrimp – and interviewees’ fingers point towards BP’s oil pollution disaster as being the cause.
Fishermen, in particular, are seeing their way of life threatened with extinction – both from lack of an adequate legal settlement and collapsing fisheries.
One of these people, Greg Perez, an oyster fisherman in the village of Yscloskey, Louisiana, has seen a 75 per cent decrease in the amount of oysters he has been able to catch.
“Since the spill, business has been bad,” he said. “Sales and productivity are down, our state oyster grounds are gone, and we are investing personal money to rebuild oyster reefs, but so far it’s not working.”
Perez, like so many Gulf Coast commercial fisherman, has been fishing all his life. He said those who fish for crab and shrimp are “in trouble too”, and he is suing BP for property damage for destroying his oyster reefs, as well as for his business’ loss of income.
People like Perez make it possible for Louisiana to provide 40 per cent of all the seafood caught in the continental US.
But Louisiana’s seafood industry, valued at about $2.3bn, is now fighting for its life.
We actually see all this reported in the local media. We see the pictures. We live the effects. I completely admit to having scaled back my consumption of seafood since the spill. It’s just not the same and I don’t trust it. But, if you watch the ads that BP runs on TV stations around our neighboring states and listen to the deafening response by governments, you think it all just disappeared. They keep saying everything is safe and it’s all back to normal. Well, it isn’t. If you ask me, I think it’s just going to get worse.
What’s on your reading and blogging list today?