Links 11/11/14

Cat genome reveals clues to domestication Science Daily (John M). Um, cats domesticated people, but not very well.

Hair transplants: Pakistan’s new weapon of mass seduction Agence France-Presse

New York Ebola doctor ‘virus free’ BBC (furzy mouse).

Device Changes Your Mood with a Zap to the Head MIT Technology Reviewn (David L). Electroshock lite. Plus study does not look to have been double-blind, placebo controlled. And with brain-chemical-altering drugs, the effects tend to diminish with repeated use.

How Much Sugar Is Too Much? A New Tool Sheds Some Light NPR

Indian botched sterilisations kill eight women in Chhattisgarh BBC (furzy mouse)

Coldest air of the season set to blast 42 U.S. states: forecasters Reuters (EM)

Climate Tools Seek to Bend Nature’s Path New York Times (furzy mouse)

US pollution data on Beijing blocked on mobile app Associated Press

U.S., China Reach Deal to Drop More Technology Tariffs Wall Street Journal

We need China inside the global economic tent China Spectator

The risks of getting too close to China The Nation (furzy mouse)

Inflation is falling even in China Angry Bear

Germany’s Secret Credit Addiction Adair Turner, Project Syndicate (David L)

Treasury asks top civil servants to find £30bn in public service cuts Guardian

CNN International quits Russia eTurboNews

Sinking Ruble Drags Down Global Companies That Lean on Russian Business Bloomberg

Syraqistan

George W. Bush notes Obama’s shift in Iraq strategy, hopes for success Dallas Morning News

Prepare for War: Obama Asks Congress for ISIS War Authorization; Republican Hawks Have War Plan Prepared; Clinton-McCain?! Michael Shedlock

Afghan Police Turn to Opium as $6-a-Day Salaries Delayed Bloomberg

Obamacare

U.S. officials hope new HealthCare.gov avoids last year’s problems Reuters (EM)

Why Obamacare risks falling into a ‘death spiral’ Dana Milbank, Washington Post. Not sure the assumption here is valid, that the Supreme Court considering striking down the Federal exchanges is hurting 2015 enrollments.

The Dark-Horse Policy Reform That Has Both Obama And Some GOPers Optimistic Huffington Post

US union says recognition close at VW Associated Press

Syracuse University student protesters wake up to ‘construction wall’ blocking public’s view of sit-in Syracuse (bob). Profiles in official cowardice.

Lehman, the financial crash and the making of history Financial Times

Whither Markets?

The Return of the Dollar Mohamed El-Erian, Project Syndicate

Fewer active managers beat market than at any time in decade Financial Times (David L)

Early Signs Of A Pullback In Drilling Activity OilPrice

Predictors of ’29 Crash See 65% Chance of 2015 Recession Bloomberg

Food costs eating into consumers’ saving at the pump as holidays near Reuters (EM). Commodities giveth, commodities taketh away.

Class Warfare

The story of the millionaire Tory MP and the tenants facing homelessness Guardian. Lambert: “Where does thus guy think he is? San Francisco?”

Ebola and Inequality Joseph Stiglitz, Project Syndicate


Berlin’s
digital exiles: where tech activists go to escape the NSA Guardian (DJG). Today’s must read. Be sure to go at least as far as the Anne Roth story.

Antidote du jour (@PetinthaiDotCom via Lambert):

pretty yellow frog links

See yesterday’s Links and Antidote du Jour here.

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70 comments

  1. proximity1

    Yes, definitely “must-reading” on class-warfare :

    The story of the millionaire Tory MP and the tenants facing homelessness

    One estate’s tradition of providing affordable flats is ending with the rush to cash in on the housing boom
    By Aditya Chakrabortty

    “Lyndsey Garratt had never heard of Richard Benyon – until he wound up buying her home and those of her 92 neighbours. Now that the millionaire Tory MP and his business partners threaten to make them all homeless, the 35-year-old mother can’t stop talking about him.

    “Garratt lives on the fringes of the City of London, on the New Era estate. Built by a charitable trust in the mid-1930s, the redbrick square has provided homes to local working people at affordable rents. There was a time when the term “affordable housing” was not a sick joke, when inner London did house people on moderate incomes. But now the capital has become a global hotspot for property speculators; Hoxton is overrun with overpriced burger joints and media start-up companies, and New Era is one of the last estates to provide working-class Londoners with a home.

    “At least it was until Benyon’s family firm recently moved in as part of a property consortium and snapped up the lot. The investors have made no bones about jacking up rents to match the rest of the market. Garratt was previously paying about £640 a month for the two-bed she shares with her daughter; when her contract expires in July 2016 residents expect they will be charged around £2,400 a month. For Garratt, a care co-ordinator at the local NHS trust, that is way more than her entire take-home pay.

    “Council officers have already told her what that means. As a single mother, she and eight-year-old Daisy will be moved into a homeless shelter, for anything up to four years; then it’s temporary accommodation, which could be in Manchester or Birmingham. Since the buyout, Garratt’s rent has already shot up by £160 a month, while the latest NHS reorganisation has cut her pay by £300 a month. “I’m getting stretched at both ends,” she says – and is already hacking away at her outgoings, cancelling even little things like trips with Daisy to the local Italian for a plate of spag bol.”

    … ….

    More at: http://www.theguardian.com/commentisfree/2014/nov/10/millionaire-tory-mp-tenants-estate-flats-richard-benyon

    1. dearieme

      “Built by a charitable trust”: so how was the estate “snapped up”? What is the journalist hiding from us, and why?

      1. proximity1

        Built by a charitable trust in the mid-1930s and, since then, apparently sold by that trust. It had been owned by a private company, First L.B.S. Holdings Ltd. since 1958 which, in April 2014 changed its name to the present Hoxton Regeneration, Ltd. A news report in The Daily Mirror said that,
        “Edward Benyon said last night that New Era estate’s previous owners put it up for sale two years ago and sold it at “commercial market value for a substantial profit”. [ http://www.mirror.co.uk/news/uk-news/devastated-families-face-eviction-after-3786578 ] but First L.B.S. Holdings Ltd. was incorporated since January of 1958, so it may have bought the property then from the charitable trust or from another owner who’d bought it from the trust.

        See, for further info.: https://www.companiesintheuk.co.uk/ltd/first-lbsholdings

      2. Working Class Nero

        Here is the sales brochure:

        http://docs.novaloca.com/55664_634635368173071250.pdf

        The key here is that this estate was built and run by a charitable trust and then at some point this changed and the property was put on the market. Why and how and who profited? The tenants were toast the second this property sold for true market value. The brochure says this is the first time it was sold; and it makes it very clear the rents are going up (or the building would be demolished). The owner that sold it was called First LBS Holdings Ltd (now Hoxton Regeneration Ltd).

        How did this estate for from being owned by a charitable trust to being sold at market value? These apartments were not what I would call social housing; they were not owned by the state.

        Why were the rents so low? Was it because of the charitable trust status of the owners?

        How did First LBS Holdings become the owners? Are they the original charitable trust? Or was this property transferred to them one way or another. And if so which governmental organization was behind this ownership transfer?

        Who are the other new owners besides this Tory toff frontman? I bet he has some very interesting overseas partners.

        1. Working Class Nero

          The overseas investors, who own 90% of this estate, are from New York City!

          Westbrook Partners is a real estate investment firm. The firm pursues opportunistic real estate investments resulting from undervalued assets and portfolios; corporate and government divestitures; urgent recapitalizations, and ineffective ownerships. It seeks to invest in small off-market transactions in London, Paris, Tokyo, Washington D.C., New York City, and San Francisco. Westbrook Partners is based at New York, New York with additional offices in Los Angeles, California; Dallas, Texas; Tokyo, Japan; Paris, France; and London, United Kingdom.

          The rich Tory is just a local front man. If they are going to demolish the site and build new residential then the Tory will help the Yanks get the best possible deal on their planning application.

      3. dearieme

        Since the journalist was wring for the Guardian perhaps I should assume that he’s familiar with abuse of Trusts, eh?

  2. Katniss Everdeen

    RE: Why Obamacare risks falling into a ‘death spiral’ Dana Milbank, Washington Post.

    So, what’s the “supreme” court got to do with it anyway?

    Mitch McConnell and John Boehner have been vowing for, oh four years or so, to REPEAL Obamacare if given the chance. Now they HAVE the chance, having been awarded control of the congress. And so now they’re changing their minds????

    As for potential 2015 enrollees, they might want to consider what happens if the “law” is struck down, and subsidies they have already accepted are deemed against the “law.” Will they have to pay them back?

    I know I’m thinking twice, living here in Florida, where Rick Scott was just reelected. Jonathan Gruber may have loose lips, but his characterization of the “voters” was most definitely NOT inaccurate.

    1. James

      Mitch McConnell and John Boehner have been vowing for, oh four years or so, to REPEAL Obamacare if given the chance. Now they HAVE the chance, having been awarded control of the congress. And so now they’re changing their minds????

      Wanna watch an R fall flat on their face? Suddenly remove your resistance and let them have their way. After leaning into it for so long, they lose their balance and do a face plant. Kill the DP and shine the light of day on the Rs. Just watch the little cockroaches scurry!

      1. McMike

        Not exactly.

        If a tree falls in the forest…

        The GOP pivots on to something else like the whole thing never happened. The media forgets what was hot yesterday and follows along. The Dems pretend not to notice too.

        Into the memory hole it goes.

        Unless Scalia misses a memo, this “issue” is in the end-stage of its usefulness.

        1. James

          Give the Rs the big stage with no opposition whatsoever to play off and watch how impotent they suddenly expose themselves to be. They’re bullies and windbags playing off the cowardice of their faux D opponents. Isolated, they wouldn’t dare do half the things they promise, because they’d have nowhere to hide and no one to blame for the consequences. And since the Ds no longer even bother to play the role anyway…

          1. McMike

            I hear you, and in a way agree with you. That’s why the are called reactionaries, their reason to be is defined by being against stuff (despite protestations of adhering to universal principles, that’s not how it actually works out)

            But as far as I have seen, the GOP is endlessly creative in finding ways to invent or incite opposition from someone somehow, which they can then blame, and claim to be standing up to it. Could be godless commies, a virus, a woman who wants contraception, a poor urban single black mom, a former CIA asset, a stupid DoJ program, a dirt poor immigrant, or the Democratic party. The list is literally endless.

            Non-resistance is not enough. You cannot refuse to kick Lucy’s football. She will keep on acting as if you are playing along, or will come bash you in the head with it.

            The change needed to end the charade is somewhere else. I think it is the media. One with a memory. One that is willing to point out the clinical borderline personality and self-contradicting fungibility of endless GOP schizophrenia.

    2. Bridget

      “Mitch McConnell and John Boehner have been vowing for, oh four years or so, to REPEAL Obamacare if given the chance. Now they HAVE the chance,”

      Not really. There’s the filibuster and the veto. Both of which were going to be used to great effect by Republicans to cover up the fact that they weren’t really going to do much of anything about Obamacare, except possibly get rid of the medical devices tax.

      Enter King v Burwell. Should it decide in favor of the plaintiffs, (fingers crossed!) SCOTUS will throw a great big monkey wrench into everybody’s political calculations. There’s no telling what will come out of it. I can’t wait.

  3. abynormal

    sir branson offers zed leppelin 800 Million for a reunion/35 concerts and Plant refuses
    sorry branson, “like a eunuch he could not come” ~Graham Greene

    President Obama’s Fraud Enforcement and Recovery Act, which was designed to give hundreds of millions to prosecute financial criminals, was able to deliver only $65 million in 2010 and 2011. Just say’n

    1. optimader

      Branson is the metaphorical appendix. Plant has plenty of dough, is into what he’s doing presently, and can sell out any venue on his own. Unfortunately all those guys toasted their hearing, Plant’s in his mid 60’s and probably wisely prefers to do his on thing while preserving the shred of acoustic frequency band that he has left.

  4. b

    “Germany’s Secret Credit Addiction Adair Turner, Project Syndicate (David L)”
    I have hardly ever read such nonsense.
    Germany’s debt has fallen and the author is mostly talking about the rest of the world, not Germany.
    Where is that German addiction then? Also credit on one side is asset on the other. Why does he never even mention that? Such half baked Austrianism is even worse than the original.

  5. Banger

    I think we are headed towards really interesting times. Two stories in the links–one about the alliance of hawks under McCain/Clinton and the other about the Supremes deciding, once again, on whether Obamacare can go forward. On the first matter, now that the election is over I think the hawks can set their guns blazing in their struggle to go firmly back on the path to perpetual war. Rand Paul, on the RP side, seems to have gotten little traction as the only major “dove” in the Senate of either party and, I think, he has lost credibility by not making a good anti-imperialist argument and, instead, flip-flopping endlessly. Barring major disaster, he’s done as a Presidential candidate. Republican voters tend to be dominated by fear, anger, racism, cultural chauvinism, and the ideology of fascism and will always tend to support WAR if it is properly marketed. The question now is whether the professionals in the USG will go along with the absurd dictates of the endless and mindless perpetual war with constantly shifting strategies and tactics. This will be a character test for senior U.S. military officers.

    As for Obamacare–I think it may be doomed. The Supremes have, over the years, become increasingly political–the last elections proved that Obama and his policies are not popular so they will likely throw a wrench in the works and Obamacare will come apart.

    1. James

      This will be a character test for senior U.S. military officers.

      Thanks for the chuckle first thing in the morning there Banger!

    2. McMike

      Disagree (about O-care).

      As I said the other day, the Washington consensus is that they want it to stay. Opposing O-care was only ever useful as a political issue (present company excepted). That usefulness is waning, andthe GOP will own whatever happens next.

      It is at its root a strengthening of health corporate crapification and rent extraction, and deferral of true universal/single payer solution. And so it will stay. (Additional legislative crapification marketed as reform notwithstanding).

      So the SCOTUS will invent a way to allow this.

      re Generals. No problem, just hire some CEOs. Endorsing a permanent war that chews up and spits out lesser humans is not a big leap for established sociopaths. It’s a promotion, you get to legally kill people, and get medals for it..

      1. Banger

        If Zakaria supports the realists then they are gaining ground–doesn’t mean they “won.” The fact is U.S. policy is still a mish-mash with no central plan.

        1. Jackrabbit

          As I wrote yesterday, I don’t believe that anything has fundamentally changed in terms of who has influence.

          Today you talk of the strength of the pro-war effort whereas yesterday you spoke of realists gaining ground.

    3. dearieme

      “Republican voters tend to be dominated by fear, anger, racism, cultural chauvinism, and the ideology of fascism”: but strangely, not the ones I’ve known.

      1. Banger

        No offense but that means little. The fact is that is the way the RP markets itself and I’ve known plenty. Members of my extended family voted for the RP because they were afraid Obama would take their guns–nice people otherwise.

        1. cwaltz

          More than a fair share of them have a fetus fetish too. I know a lot of people who seem to believe that they are doing a potential human a favor by forcing a woman to have them and then subsequently provide for them. Nevermind, that these are exactly the cases that turn into abuse or neglect cases and that kids who don’t grow up wanted and loved don’t see life as nearly the gift that those that do might.

          I do think a lot of them are well meaning though. They just had nicer childhoods and can’t fathom how hard life is when you aren’t really wanted or seen as some sort of gift from God.

          1. IdiocracyIsAlreadyHere

            Some of them may be well meaning but ultimately I think it is a more a way for them to think they are really doing something wonderful “for the children” but without actually having to make the effort and get their hands dirty actually doing something that would IMPROVE the lives of children, such as policies that would make raising them easier (AND CHEAPER)

          2. neo-realist

            Along the lines of children, some families or white parents more specifically vote republican because they fear that democrats will install affirmative action/quota policies that will give college slots to allegedly unqualified black kids ahead of their children.

      2. optimader

        “Republican voter” is a wishy-washy term. Show that to me on a Venn Diagram.. Is it referring to an ideologue who vote a straight ticket or someone who will vote for a republican candidate? Party ideologues all sell fear no matter what letter they are name-plated with.

  6. abynormal

    Mike Bloomberg’s Proposal For Financial Regulation: Keep Congress Away
    The world adjusts to stupid laws, they don’t pay any attention to them and you get burned later on, like a 25 mile per hour speed limit,” Bloomberg said, getting more laughter and spontaneous applause with a jab at one of the signature policies of his successor, Bill de Blasio.

    He also criticized the large fines meted out to banks in recent years. “Some of these fines I think are outrageous and shouldn’t be allowed to take place,” he said.

    Bloomberg adamantly defended the industry in the face of its pre-and-post crisis scandals. “Things have changed dramatically for the better for the public,” he said, but “you wouldn’t believe that if you read the newspapers.” And he said more regulation could mean a financial system that does less to stimulate the broader economy. “If you reduce the risk, they can’t make the money, they can’t provide the financing that this country and world needs to create jobs and build infrastructure and all of those things.”

    POLITICIAN, n. An eel in the fundamental mud upon which the superstructure of organized society is reared. When he wriggles he mistakes the agitation of his tail for the trembling of the edifice. As compared with the statesman, he suffers the disadvantage of being alive. /Devil’s Dic.

    1. Katniss Everdeen

      “Things have changed dramatically for the better for the public,” he said, but “you wouldn’t believe that if you read the newspapers.”

      Or if you were a member of the group known as “the public.”

      And, BTW, isn’t Bloomberg involved with some sort of “newspaper” or “news” service? It’s tough, I guess, finding just the right words to “message” how magnificent those new clothes the emperor is wearing REALLY, REALLY are.

  7. diptherio

    Re: Food Price Inflation

    Fortunately for retailers, the fall in gas prices gathered steam and outstripped food inflation in the last month, leaving consumers with net savings of $760 million in October, compared with September, Christopher said.

    Which is what, like $2 per person? That should be plenty to get people into the Holiday spending mood…

    All I can say is, good thing inflation’s so low, or this rise in food prices would be a real problem. [/sarc]

    1. ambrit

      Oh come on now world traveler. That lower fuel price means we car fiends can drive farther out into the rural belt and purchase ethically grown organic Christmas trees. (Don’t forget that we favoured few get to aggregate the “savings” that would have gone to the lower orders. See, that’s $200 for me and $0 for the other ninety nine.) [/sarc?]

    2. MyLessThanPrimeBeef

      I think there is a shortage of organic apples.

      Perhaps that $2 per person per month will cover the more expensive apples.

      1. ambrit

        I thought that the really good apples, whether organic or not were sent to Japan, where good food is a ‘National Treasure.’ I read you can get $2 an apple in that market. (Especially if it’s covered in gold leaf.) I remember a science fiction story about the real estate agent who sells the actual Brooklyn Bridge to a Nipponese magnate and receives a gold leaf covered brick as a personal thank you gift.

        1. MyLessThanPrimeBeef

          Perhaps a typical Japanese can afford the $2 apple because he/she saves plenty, versus over here, on his/her healthcare insurance.

          My health is already suffering looking at the announced premium increase on my plan.

  8. Banger

    The “must read” is indeed a must read today. Don’t miss it!

    Here’s what is being developed: a system of complete surveillance and, more importantly, classification. Just like credit reports, each of us will have a security report and each of us will be rated across several dimensions at the pleasure of the oligarchs. What do they deem a threat? We don’t know. In the linked article Sara Roth’s husband is arrested as a terrorist based on a few harmless keywords he wrote in an academic paper though I suspect its more than that. We have no way of knowing what will set them off. And here is the scary part: soon, if we aren’t there already, the system will be completely divorced from its original purpose (evaluate risks) and simply exist to perpetuate itself–in that case, risks are irrelevant–you simply create terrorists or criminals to feed the Minotaur which is just what happened with the Soviet Gulags. People running the system like their cushy jobs and their power and will increase it since there is no force that can regulate their activities. This is what happened to the CIA and other intel organizations–there is no counterforce to them so they expand their power as they will.

    Whatever we talk about here about finance is trivial compared to this issue. We might rein in the Wall Street oligarchs a little but then there will be some other scam they can operate–they’ll just steal more money via the DOD or some other systemic fraud. But this rebooting of the “secret” state or what some of us call the “Deep State” (yes, I know you hate the term, Lambert but it exists as plain as day) with increased overt power over the “homeland” where we are now subject to the State without the guarantees of habeas corpus or rule of law. Any of us can be taken out and shot if the State so decrees–we no longer live in a Constitutional Republic. We live in a totalitarian system (inverted to be sure and, increasingly, overt) which, through the inertia of the old Constitutional system will only gradually fade so we will still enjoy some minimal rights as long as we don’t stray too far from the norm.

    The thing that is most depressing, of course, is that there is little opposition to all this and much denial. The left is politically dead and doesn’t seem to care–like the right it is lost in illusions and tribablism and, frankly, comfort. I urge and have urged making common cause with the non-authoritarian right which, unlike the most of the left, actually is more militant about civil liberty issues–but most people on the left would rather nit-pick and stay in the ghetto–whatever. I would vote for a Libertarian before I would vote for any mainstream Democrat who are as guilty if not more guilty for the destruction of the Republic. The State Security apparatus must be undermined and eliminated it is much more dangerous than any of the fake “terrorist” threats it claims to protect us from.

    1. McMike

      As I once hoped with health care and finance, once everybody knows somebody who has been screwed by the corporate oligarch system – thoroughly and capriciously and without recourse – they will open their eyes and stand up.

      Of course it’s not true.

      So too, perhaps someday, when everyone knows someone who has been Kafka’d or Orwelled, or disappeared, and otherwise non grata’d by the corporate security state, they will have their eyes opened and stand up.

      Or not.

    2. Ulysses

      “the inertia of the old Constitutional system will only gradually fade so we will still enjoy some minimal rights as long as we don’t stray too far from the norm.” Very well said!
      I think many people sense this at a subconscious level. Their response? Self-censorship, and turning their rage inward instead of outward into protest against The Machine. Staying well inside the “cocoon of bourgeois niceness,” if you will. F#@k that!!! Even the Belgians aren’t taking this crap lying down, why should we?
      Tous les eveques a la lanterne!!

    3. James

      I have confidence that the technology won’t be nearly as good as advertised and that the forces of entrenched bureaucracy will be as good as ever in eventually stymying any such foolish efforts, intentional or not. The best laid plans of mice… and all that. The National Security State is rightfully pretty full of itself right now, but unintended and/or unforeseen consequences usually have a way of derailing such high-minded foolishness.

    4. MyLessThanPrimeBeef

      Self-censoring.

      “As soon as you start to censor yourself, then you leave the path of free speech.”

      Political correctness…people censor themselves, without changing their biases. Nothing is addressed.

      And then, we also have self-brainwashing…addicted to main-stream media….can’t stop the craving.

    5. MyLessThanPrimeBeef

      “Because I was not satisfied that he had decided to investigate only the case of who bugged the German chancellor, not the cases of ordinary people. He said that it is because in this case it is clear there is a victim. Whereas you can’t investigate a case against everyone.”

      So they’re saying because it’s a crime against everyone, it’s a crime against no one?

      That is, the people are just a bunch of nobodies.

      We see that attitude elsewhere. For example, in government lawsuits.

      When we, the people, as a plaintiff, win a lawsuit against big banks, those convicted go to jail, and any monetary award belongs to the people, that is, everyone, and thus, to no one. Keep it in the Treasury then…like taxes, thus we will be destroying money. Should we do that, when we are facing deflation?

      1. MyLessThanPrimeBeef

        The government ≠ the people.

        Otherwise, we all dine at the White House every day.

        Therefore, the plaintiff should be the Treasury department, or the next award should be distributed to the People, if the People are to be listed as the plaintiff.

    6. Jim

      “The State Security apparatus must be undermined and eliminated…”

      Banger, this is why I believe your culture project is potentially so important in so many areas. Concerning the Surveillance State, the national security apparatus is expert in mobilizing fear but possibly insights into the relationship between, for example, culture, mind and fear (amygdala), could begin to offer antidotes to such mobilization.

      In our modern totalitarian system simply beginning to discuss the sphere of mental routines in an in-depth manner is a profoundly important political act which might eventually lead to surprising avenues of citizen mobilization against the Security State.

  9. McMike

    “Ever since the Internet was created, it’s been organized around the basic principles of openness, fairness, and freedom. There are no gatekeepers deciding which sites you get to access. There are no toll roads on the information super highway. This set of principles, the idea of net neutrality, has unleashed the power of the Internet and given innovators the chance to thrive. Abandoning these principles would threaten to end the internet as we know it. . . . We cannot allow Internet service providers to restrict the best access or to pick winners and losers in the online marketplace for services and ideas.” – President Obama

    Not to mention that the taxpayers f**king paid for it.

  10. Ulysses

    Anyone who has the chance to be in Manhattan tomorrow evening can catch Richard D. Wolff, in a program at the Judson Memorial church, 239 Thompson Street, at 7:30 p.m.

    The program will deal with:
    1. How the Absence of Economic Democracy Undermines Political Democracy

    2. Economic Democracy and Revolution Inside Enterprises (Factories,
    Offices, Stores)

    3. The Real Economics of Wages, Prices, and Profits

    Thanks for your kind attention!

    1. Jess

      Anyone in the NYC area (besides the already over-worked Yves) who could stop by, write a summary/review? Any chance there will be a transcript or YouTube?

  11. Banger

    Found out something new. There is a device that emits high decibel sounds that only young people under 25 can hear. Someone I know told me it was being used at a local mall to drive away young people who liked hanging out there. This device is called “The Mosquito” and it is really nasty–108 decibels. Of course it doesn’t discriminate between teens and babies and there are possible health effects. I wonder how I missed that? Anyway, some countries and localities have banned this weapon.

      1. MyLessThanPrimeBeef

        Will playing it even louder lead to everyone not hearing at all?

        Freedom of Very Loud Speeches – no totalitarian government should ever fear that.

  12. Larry Headlund

    Device Changes Your Mood with a Zap to the Head MIT Technology Reviewn (David L). Electroshock lite. Plus study does not look to have been double-blind, placebo controlled. And with brain-chemical-altering drugs, the effects tend to diminish with repeated use.

    Despite some searching, I was unable to find a link to the actual study. In any event, since the device uses a perceptable electric current it would be difficult to do a true double blind study since the test subjects would know if they felt a current or not.

  13. MyLessThanPrimeBeef

    Treasury (British)…30 billion pounds in public spending cuts.

    I hope they don’t cut defense spending.

    It used to be that the Roman legions would go out, conquer free barbarians and bring back slaves.

    Being democratic, today’s soldiers, perhaps, can go out, defeat foreign slave workers and bring free jobs back.

    End of sarcasm.

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