Saturday, May 1, 2010

American Oil Spill -- Republicans -- Drill Baby Drill

Palin's 'Drill Baby Drill' Vs. Oil Spill



Oil Industry Insider: Offshore Drilling Dangerous



Oil Spill Kills Obama Energy Bill



Oil Spill - Inside Documents Show $ More Important Than Lives, Environment




Don't Drill. The amount of Oil you get from drilling offshore meets less than 5% of our energy demand and for less than 5% we'd sell the environment of America?

How Sad, How Pathetic, How Unjust would that be? Offshore drilling is in no way a means of helping America through it's energy issues. Offshore drilling is simply a way for corporations to line their pockets with more wealth. Don't be fooled by the Republicans that say, "Drill Baby Drill".

Dating by blood type in Japan

Dating by blood type in Japan

By Roland Buerk
BBC News, Tokyo

Blood sample (file image)
Many Japanese believe blood type determines personality

People in most parts of the world do not think about their blood group much, unless they have an operation or an accident and need a transfusion.

But in Japan, whether someone is A, B, O or AB is a topic of everyday conversation.

There is a widespread belief that blood type determines personality, with implications for life, work and love.

It is Saturday night and a speed dating session is under way in a small building in the backstreets of Tokyo.

Men and women are sitting nervously at tables hoping to find that special someone.

The room is brightly painted in red and white, the staff upbeat and enthusiastic, but the conversations are rather stilted.

The couples have just a few minutes to try to sound each other out before a bell rings and they have to move on to the next lonely single.

At the interview for my first job they asked me about my blood type
Kouichi

It is a scene repeated in cities across the world but this speed dating session in Japan has a twist.

It is for women who want to meet men with blood group A or AB.

One says she decided to narrow down her search for a boyfriend after a bad experience with a man with type B.

"Looking back it seems trivial," she said. "But I couldn't help getting annoyed by how disorganised he was."

"I really would like someone with type A blood," added her friend. "My image is of someone who is down to earth, something like that."

'Burahara'

Interest in blood type is widespread in Japan, particularly which combinations are best for romance.

Japanese office workers in Tokyo (file image)
Blood type can have an effect on professional as well as personal life

Women's magazines run scores of articles on the subject, which has also inspired best-selling self-help books.

The received wisdom is that As are dependable and self sacrificing, but reserved and prone to worry.

Decisive and confident - that is people with type O.

ABs are well balanced, clear-sighted and logical, but also high-maintenance and distant.

The black sheep though seem to be blood group B - flamboyant free-thinkers, but selfish.

"At the interview for my first job they asked me about my blood type," said a man with blood group B, who wanted to identify himself only as Kouichi.

"The surprise was written on my face. Why? It turned out the company president really cared. She'd obviously had a bad experience with a B type blood person. But somehow I got the job anyway."


If you can hide behind blood types you can then tell someone indirectly what you think about them
Prof Jeff Kingston

Later, though, the issue of his blood came up again.

"The president was the kind of person who couldn't take her drink and at one company party she got drunk. So she sent B people home before the others. 'You are blood type B,' she said. 'Get out.'"

There is even a term for such behaviour in Japan, burahara, which translates as blood group harassment.

The preoccupation with blood ultimately dates back to theories of eugenics during the inter-war years.

One study compared the blood of people in Taiwan, who had rebelled against Japanese colonial rule, with the Ainu from Japan's northern island of Hokkaido, thought to be more peaceable.

Stripped of its racial overtones, the idea emerged again in the 1970s.

Debunked

Now, blood typecasting is as common as horoscopes in the West, with the whiff of science - although dubious - giving it added credibility.

Former Japan Prime Minister Taro Aso (file image)
Taro Aso was proud to identify himself as a type A while in office

Some firms organise work teams by blood type to try to ensure office harmony.

And people going on a date or meeting someone for the first time are liable to be asked: "What is your blood group?"

"This particular thing about blood types is a clever way of telling people what you think about them, but indirectly," said Jeff Kingston, professor of Asian Studies at Temple University in Japan.

"Here people don't like to be upfront and open about their opinions. So if you can hide behind blood types you can then tell someone indirectly what you think about them."

Scientists regularly debunk the blood group theory but it retains its hold - some believe because, in a largely homogenous society, it provides an easy framework to divide people up into easily recognisable groups.

The last Prime Minister, Taro Aso, even put the fact that he was a type A in his official profile on the internet.

If he had hoped that having a favoured blood group would give him a boost at the polls he was disappointed.

Source

~~~~~~~~~~~

Commentary

This is completely and utterly ridiculous. Dangerous trends like these might lead to more severe problems.

This may be a bad slippery slope argument, but it may be possible one day to have a caste system in Japan, based on Blood type, if this trend isn't stopped.

For now this is an entertaining read, but if this blood type thing gets out of hand, it could lead to unnecessary pain for a lot of individuals.

Lets hope most of the Japanese come to their senses, before this becomes too much of a mess and leaves the realm of entertainment.

Legality of raid on home of iPhone blogger raid queried

Legality of raid on home of iPhone blogger raid queried

Page last updated at 15:09 GMT, Wednesday, 28 April 2010 16:09 UK


Jason Chen Jason Chen talked about the iPhone on his blog

The examination of computers belonging to a technology blogger who bought an iPhone prototype has been put on hold.

Gizmodo editor Jason Chen had computers and other equipment taken from his house after he paid $5,000 (£3,200) for the phone, which was found in a bar.

His lawyers argue that he is protected by California's shield law.

State lawyers are considering whether the raids in Fremont were legal, according to the San Francisco Chronicle.

The shield law states that journalists have the right to protect their unpublished material from examination.

'Thief' found

San Mateo county chief deputy district attorney Steve Wagstaffe said he was considering the matter and expected to issue a legal memo later this week.

He told the Chronicle that the computers would not be examined until then.

The laptops, hard-drive and USB memory sticks that belong to Mr Chen are currently being held by the Rapid Enforcement Allied Computer Team (React), the state's high-tech crime taskforce that conducted the raid.

They ordered the search after Apple reported the phone stolen.

The prototype was left in a bar by Apple software engineer Gray Powell and details and pictures of it were subsequently published on the Gizmodo website.

Earlier, in an interview with technology news site CNet, Mr Wagstaffe had defended the raid, saying prosecutors had considered whether reporter shield laws applied to the case but decided to proceed.

He also said that police knew the identity of the person who took the phone and that they had talked to him.

Source

Protests across US over Arizona immigration law

Protests across US over Arizona immigration law


Thousands of people have been protesting in Los Angeles

Tens of thousands of people have joined protests in the US against a controversial anti-immigration law introduced in Arizona.

The biggest protest took place in Los Angeles, but others were planned in more than 70 cities across the country.

The law requires local police to question anyone they suspect of being in the United States illegally.

The protesters say the law could lead to Hispanics being targeted, and inflame racial tensions.

In Los Angeles, police estimated 100,000 people had joined a march led by singer Gloria Estefan.

"It's the right of every American to protect where they live," she told the crowd.

"But that doesn't give them a reason to place a law that could create racism and discrimination."

The BBC's Rajesh Mirchandani, at the rally, says there were banners calling for a boycott of Arizona, and even one portraying the state's governor, Jan Brewer, as Hitler.

Many of the protesters waved the US flag, while some carried slogans appealing for US President Barack Obama to intervene.

The law was signed earlier this month by Arizona's Republican Governor Jan Brewer, who said it "protects every American citizen".

Under the new rules, those unable to show that they are legally allowed in the US could be given six-month jail sentences and fined $2,500 (about £1,600).

Supporters of the bill say it will help bring illegal immigration under control in Arizona - a state which is the main entry point for undocumented immigrants into the US.

The state is home to an estimated 460,000 illegal immigrants.

Source

US releases damning Afghan report ahead of Karzai visit

US releases damning Afghan report ahead of Karzai visit

Hamid Karzai
The Pentagon says people support President Karzai in 29 key districts

The US defence department has said that only a quarter of what it regards as key regions in Afghanistan support the government of President Hamid Karzai.

The Pentagon said in a report that much of the population was either neutral to the central Afghan authorities or supportive of the Taliban insurgency.

It blamed government corruption and lack of efficiency as major reasons for people's distrust of the authorities.

Afghanistan has seen a sharp increase in violence in the past year.

The Pentagon said that despite this, opinion polls suggested Afghan people believed their security was improving.

Widespread fraud

In its 152-page report, released ahead of President Karzai's upcoming visit to Washington, the Pentagon said: "While Afghanistan has achieved some progress on anti-corruption... real change remains elusive and political will, in particular, remains doubtful."

The Pentagon
The establishment of effective governance is a critical enabler for improving development and security
Pentagon report

It said people support President Karzai's government in only 29 of the 121 Afghan districts considered most strategically important in the war effort.

President Karzai won the 2009 presidential election, which was criticised for widespread fraud.

Separately, the report said that Taliban militants were coming under "unprecedented pressure".

"From the insurgents' perspective, this strain has been compounded by the recent high-profile arrests of several Pakistan-based insurgent leaders by the Pakistani authorities and the removal of many Afghanistan-based commanders," it said.

Correspondents say that the reputation of President Karzai - once a darling of the international powers - has plummeted following repeated accusations from the US and other nations that he has allowed unchecked corruption.

The report said that popular anger at his government, which is widely seen as corrupt and inefficient, has allowed the Taliban to "perceive 2009 as their most successful year".

"Expanded violence is viewed as an insurgent victory, and insurgents perceive low voter turnout and reports of fraud during the past presidential election (in August 2009) as further signs of their success," it said.

Pentagon figures show that "violence is sharply above the seasonal average for the previous year - an 87% increase from February 2009 to March 2010".

"Although the overall security situation has stabilised somewhat since the end of 2009, violence during the current reporting period is still double that for the same period in 2008-2009," the report said.

Source

Greece's 'death spiral'

Greece's 'death spiral'

A cartoon in the Greek newspaper Kathimerini, April 2010
Greece's prime minister says the country faces an "Homeric Odyssey"

Malcolm Brabrant
BBC News, Athens

A little knowledge of ancient Greek mythology is required to understand the very prescient cartoon on the front page of today's Kathimerini newspaper.

It depicts Prime Minister George Papandreou in outer space encountering an alien craft and asking "Hey friend, is Ithaca this way?"

The newspaper is mocking the prime minister for saying that Greeks were facing a Homeric Odyssey when he announced last week that the country was triggering the international financial package.

Odysseus, the victorious Greek hero endured a perilous 10-year voyage trying to reach his home island of Ithaca after the siege of Troy.

In the past few days, since that announcement, Greece has been blown way off course and is facing its worst economic crisis since the Greek Civil War, 60 years ago.

Interest rates have taken off like an Apollo rocket, as international traders fear Greece will not be able to pay back its loans in full.

The markets are in meltdown, intensifying the downward pirouette of what the international financier George Soros has called "Greece's death spiral".

Years of austerity

Across the country, people have locked their televisions on to business channels to try to comprehend the whirl of figures that would have made Pythagoras' brain ache.

The highly-educated and cultured Greek population may not understand the complexities of bond markets, short selling and hedge funds.

But what they have fully grasped is that the panic on the markets means that they are facing years of austerity in order to repay the interest on debts racked up by a combination of corruption and tax evasion and as well as the spending habits of incompetent, profligate politicians.

Kriton Orfanos
Psychologist Kriton Orfanos fears his pension will be cut in half

Marching through the streets of Athens, civil servant Despina Koutsoumba summed up Greek resentment towards the external forces driving this crisis: "They want to leave this country without a future."

As fellow protesters chanted: "Down with the junta of banks," Despina complained: "Everything the IMF has been involved with leads to more crisis.

"If everyone in this country is poor, there will be no money circulating in the market.

"The state will have no earnings, because there will be nobody to pay any taxes.

"The IMF wants to create a crisis so that Greece, the state, has to sell off everything it owns, such as aeroplanes, the islands, even the sea."

Fellow demonstrator, bank worker Costas Karambas opposes plans by the Greek government to try to pay off its multi billion dollar debt and not default.

"We should opt for bankruptcy," he said. "Goldman Sachs, Deutsche Bank, Wall Street, they lent us the money. (Far better) they lose their money and people don't lose their jobs."

'New emergency government'

In Kathimerini this morning, the editor, Alexis Papachelas, cautioned against allowing such thoughts to gain traction.

He warned that refinancing or partial cancellation of debt would make the markets turn their backs on Greece.

"The only way Papandreou can succeed is by telling the truth about the state of finances, to adopt the new EU-IMF stabilization programme."

Mr Papachelas also urges the prime minister to create a new emergency coalition government to implement the programme.

Latest opinion polls suggest that about a third of Greeks would also favour a national unity government of Mr Papandreou's socialist PASOK party, the Conservative New Democracy Party, and LAOS, the right wing nationalists.

My five-year-old daughter wants to have a sister. I don't know if my husband will have a job from September. So I don't know if I can have another child.
Despina Koutsoumba, Greek civil servant

But bringing New Democracy into the government would stick in the craw of much of the electorate, because the previous conservative administration of the unlamented Prime Minister, Costas Karamanlis, is blamed for depositing Greece so deeply in the mire.

Many Greeks would like to see Mr Karamanlis and some of his cabinet prosecuted for massaging the country's economic statistics.

The New Democracy leader, Antonis Samaras, an economist, has acknowledged the failure of the previous government to tackle Greece's profound structural problems.

But he has adopted a populist tone during this crisis and has criticised the government for involving the IMF, saying it would subject society to pressures it could not withstand.

'Realm of dead'

German accusations that Greeks have been living beyond their means for years have fuelled inaccurate perceptions abroad that this is a nation full of idle playboys and party animals.

In Athens, people endure some of the highest prices in Europe as well as lower average wages and pensions than those enjoyed by their EU peers.

Demonstrators shout slogans against government's austerity  measures during a protest outside the Greek Parliament in Athens on  April 27, 2010
Greek voters have blamed the IMF for the country's financial crisis

At one protest rally, Kriton Orfanos, a middle-aged psychologist at a family centre told me the latest austerity measures had resulted a loss of 150 euros from his 1300 euro monthly salary.

He was afraid that his future pension would also be slashed in half to about 600 euros.

Such fears are realistic, according to Daniel Gros, the director of the Brussels based think tank, the Centre for European Studies.

He says that 30% of Greece's GDP is spent on social security and pensions.

"Significant cuts in benefits seem unavoidable," he says.

And so for Greeks like Despina Koutsoumba, the Odyssey of self discovery promised by George Papandreou resembles a vision from Hades, the underworld of the ancients.

"This is supposed to be the most productive, creative part of my life and yet I won't be able to do anything for five or 10 years, in surroundings that will be miserable and poor," she said.

"My five-year-old daughter wants to have a sister. I was planning to do so but now I am afraid. I don't know if my husband will have a job from September. So I don't know if I can have another child."

Source

Could the UK face the same problems as Greece?

Could the UK face the same problems as Greece?

Page last updated at 12:42 GMT, Wednesday, 28 April 2010 13:42 UK


Man walks past Greek Central bank Greece's economy remains in recession and is expected to contract by 3.5% in 2010.

The increasingly perilous state of Greece's economy has at least provided the British press with the chance to indulge in some laboured puns.

Wednesday's Times newspaper led the way, with a gloomy banner across its front page proclaiming that we have reached "Acropolis Now".

But, while the big news is Athens seeing its credit rating becoming the first in the eurozone to be slashed to junk status, the development is also prompting serious questions about whether the UK could be facing up to its own Greek tragedy.

The government has been playing down similarities, with Foreign Secretary David Miliband dismissing Conservative comparisons between the two as "economic illiteracy".

And Business Secretary Lord Mandelson was adamant that the two were "very different economies", adding "Britain is not Greece. Greece is not Britain".

Rising anger

Investors may worry a lot more about Britain's public finances than they did a few years ago. But they worry half as much about it as they worry about Greece

Stephanie Flanders Economics editor, BBC News Read Stephanie's blog

But on the face of it there are some strong similarities - most noticeably in the government deficits.

While EU rules say these must be limited to 3% of a country's Gross Domestic Product (GDP), the UK's is expected to hit 12.6% this year. Greece's stands at 13.6% according to the EU.

And there is also some scepticism about the measures both the UK and Greece will take to bring down their deficits.

In the UK, the Institute of Financial Studies this week suggested that none of the main political parties at the looming General Election had been explicit about their spending plans and the scale of future cuts.

Meanwhile, there is scepticism that Athens can achieve the kind of cuts in public spending on which a bail-out from the EU and International Monetary Fund are contingent - especially given the rising anger of the country's people.

So why, when both economies clearly have severe financial difficulties - has the UK managed to hang on to its much-coveted Triple A credit rating?

European debt and deficit figures

"Clearly on the face of it we have a very similar deficit," says BBC economics editor, Stephanie Flanders. "However there are many things that are very different."

Market need

An obvious point is that Greece is still in recession with little sign of immediate improvements (its GDP is forecast to shrink by 3.5% in 2010).

The UK economy saw a return to growth in last three months of 2009 with initial figures showing this continued between January and March. The economy is forecast to continue to grow, albeit slowly.

Also, the UK's debt level, while high at more than 60% of GDP, is much lower than Greece's, which sits at about 115%.

And the type of debt is seen as significant too - with much of the UK debt not due for repayment for several years, unlike some other countries. It is predominantly made up of recently racked-up loans.

This means that it does not have to keep coming to the money markets to roll over the debt - in other words to refinance it.

"That's Greece's problem and other countries' too," our economics editor says. "They have to keep going to the markets. We're actually in a very strong position on that."

There are reasons to be concerned about Britain's need to tackle its deficit but we have not yet reached a critical point

Jeremy Batstone-Carr Analyst, Charles Stanley stockbrokers

The UK's proven track record of increasing taxes and raising the money it says it is going to raise has also played in its favour, says Jeremy Batstone-Carr, research analyst at Charles Stanley.

"There are reasons to be concerned about Britain's need to tackle its deficit but we have not yet reached a critical point," he says.

"Credit rating agencies so far have given Britain the benefit of the doubt that we will enact the measures needed to bring down the deficit, however painful that will be."

'Line in sand'

Another advantage the UK has is that it controls its own currency - and so has a floating exchange rate.

Euro sign Greece crisis: Is there an exit? Q&A: Greece's economic woes

"It could, if it wanted to, devalue its currency, and that would relieve some of the pressure," says Mr Batstone-Carr. While such an action can have negative consequences as well as benefits - it is at least an option.

Greece, which entered the eurozone in 2001, does not have the luxury to act independently.

And while there has been speculation that it might withdraw, or even be kicked out, of the euro, most think this is unlikely - not least because as its debt is euro-denominated, its exit from the currency would make refinancing even more expensive.

This lack of currency flexibility is partly why other economically struggling European nations are being seen as at greater risk than the UK - most notably Portugal, (which had its credit rating cut on Tuesday by Standard & Poor's), the Irish Republic and Spain which all use the euro.

And it is Spain whose fortunes should be watched most closely for signs of a major impact on the UK, Mr Batstone-Carr says.

"Spain is the key line in the sand, its economy is much bigger than Greece's and so it would take a far greater amount to bail it out," he says.

"If Spain can survive, then the markets will take the view that the whole sovereign debt crisis is containable.

"But if Spain were to fail it would turn into a major macro-economic event and that would threatened all indebted economies, including the UK and the US."

Source

Thursday, April 29, 2010

Cemetery of fuel barrels poisons Russia's Arctic

Cemetery of fuel barrels poisons Russia's Arctic




Putin, unlike most politicians, actually took time to go and have this problem solved.

It's very refreshing when you see a politician get his hands dirty by going into the arctic, and get to work.

I wish we had similar politicians who wouldn't just stay at home on cumfy couches.

TYT April Roundup !!

Sarah Palin & Sean Hannity - Fake Outrage




Unschooling Vs. Homeschooling Vs. Formal Education



Bill Clinton Admits "I Was Wrong"



Problems w/ China's One Child Policy



US Politicians For Sale?



Corrupt Politican Spends $20,000 on Sushi



(R) Wants To Deport US Citizens


Seoul's dilemma over sunken warship

Seoul's dilemma over sunken warship

A section of the Cheonan is lifted on 24 April 2010
The Cheonan sank after an as yet unexplained blast on 26 March

By John Sudworth
BBC News, Seoul

Since the end of World War II only two navies, the British and the Pakistani, are known to have used a submarine to sink a battleship.

Now though there appears to be growing evidence that North Korea's underwater fleet may have become the third.

The 26 March sinking of the Cheonan, with 40 lives lost and six men still missing, is certainly a South Korean military disaster.

But it has the potential to become much more than that.

If concrete proof of the North's involvement is eventually produced, it would reinforce with shocking clarity just how easily this smouldering cold-war conflict could reignite.

And it would present the international community with a serious strategic challenge - how to send a message of deterrence without risking further escalation?

External blast

The shattered wreck of the 1,200-tonne gunboat has now been winched to the surface, in two pieces, and is being examined at a naval dockyard.

The investigation team includes American, Australian, Swedish and British experts, in part, to ensure that its conclusions are seen as free from South Korean political influence.

And after an initial examination the following observations and explanations have been announced to the public.

  • The skin of the ship was bent inwards, pointing to an external rather than an internal explosion, a conclusion given further weight by the fact that the ship's weapons storage area is intact
  • There are no signs of scraping, or of a collision, ruling out the possibility that the ship ran aground
  • There is no evidence of soot or melting on the skin of the ship, suggesting that the external explosion took place some distance away from the hull

Little wonder, then, that suspicion is mounting, with South Korean Defence Minister Kim Tae-young concluding that a torpedo attack is among the "most likely" causes.

An underwater non-contact explosion is exactly what many modern torpedoes are designed to produce, because the shock-wave from such a blast can cause much more damage than a direct hit.

Map

And North Korean submarines, capable of carrying these kinds of torpedoes, are known to have been operating off the Korean coast at the time of the sinking.

A further clue perhaps lies in the location of the blast, close to the gas turbine room, much of which was destroyed.

"Acoustic homing" torpedoes, of the kind North Korea is thought to possess, can track and target the engine noise from a ship.

The fact that there was no warning of an attack from the Cheonan's radar operators does not necessarily make a torpedo strike unlikely.

The South Korean Defence Ministry has been quoted as saying that in the busy, shallow waters of the Yellow Sea, a torpedo fired from a range of 2km (1.25 miles) would have a 30% chance of remaining undetected.

And there are precedents.

In 1987, for example, while on patrol in the Persian Gulf, the USS Stark was struck by two anti-ship missiles, fired from an Iraqi fighter plane, neither of which were picked up by the ship's radar.

Mine misfortune?

But the torpedo theory is called into question by at least one aspect of the incident - there were no unusual military movements picked up from North Korean forces prior to the sinking.

If North Korea was planning a torpedo attack, knowing just how provocative such an action would be, would it not at least have boosted its naval defences?

The final question that should be asked is, what would North Korea have to gain from sinking a South Korean warship?

There is another explanation that could fit the scenario of an underwater, non-contact explosion and one favoured by the naval warfare expert, Norman Friedman.

"If it's a torpedo firing then that's about as big a thing as you can do short of rolling across the border," he told me.

"Unless you have a desire to start World War III then you don't do it. That's why I put my money on a mine."

Mines that were in use at the time of the Korean War were sophisticated enough to distinguish between big and small ships, and could be primed to detonate some distance from the hull.

A relative of one of the dead sailors grieves at their funeral in  Pyeongtaek (28 April 2010)
The sinking of the Cheonan was a military disaster for South Korea

Could the Cheonan have had the misfortune to run into one that had been lying undisturbed for more than half a century?

The torpedo theory is given added weight by the circumstantial evidence - the fact that the sinking took place in disputed waters close to North Korea, where the two navies have clashed a number of times.

What is missing, at least from what we have been told so far by the investigation team, is conclusive proof - a fragment of a North Korean weapon - that would show beyond doubt what sunk the ship.

And with the strong currents surrounding the area, any evidence may have long been swept away.

Difficult response

Some observers have suggested that the South Korean government may prefer that evidence, if it exists, to remain undiscovered because of the political difficulty of formulating a response.

Military retaliation is highly unlikely because of the danger of escalation and because at the very least, it would panic the markets and damage the South Korean economy.

Undated image of North Korean leader Kim Jong-il inspecting a  power station
North Korea is already subject to United Nations sanctions

The diplomatic route through the United Nations is also problematic because North Korea is already one of the most isolated and sanctioned countries on the planet.

And yet, if clear evidence of an attack on the warship is produced, South Korea will of course want to send a message that such acts cannot be tolerated.

But how? North Korea is often said to have learned the lessons of the second Gulf War its own way, precisely the opposite lesson, in fact, than the one the invasion of Iraq was meant to send to so called "rogue states".

It would lose a conventional war of course, but not without first inflicting unimaginable damage on the South Korean capital, Seoul with a combination of conventional, chemical and biological artillery.

And it has a growing nuclear weapons programme, precisely it says, to guarantee its survival from a hostile outside world.

Motive fears

But the final question that should be asked is, what would North Korea have to gain from sinking a South Korean warship?

Using a submarine in such an attack is an act of extraordinary provocation, and one that goes a big step beyond the previous surface engagements between the two navies.

Despite North Korea's military strengths, it would still be a very risky act indeed.

If it is shown to be a torpedo that hit the Cheonan, then perhaps it can be seen as retaliation for the fact that North Korea is reported to have come off worse in the most recent naval skirmish.

Or maybe it was an attempt to rally the military around the leadership of the ailing Kim Jong-il, reportedly trying to manage a difficult transition of power to his youngest son.

But others have suggested that it might be the military acting alone, a sign of a dangerous shift in the balance of power inside North Korea, and a far more worrying prospect.

Source

Wednesday, April 28, 2010

MSNBC: Cenk On The State of The Dem Party w/ Ratigan & Ezra Klein

MSNBC: Cenk On The State of The Dem Party w/ Ratigan & Ezra Klein


Cenk on MSNBC - Goes Off On Tea Party

Cenk on MSNBC - Goes Off On Tea Party





"To Cenk's point, who are we voting for in November?"

It's why I have a clean conscience when i don't throw my vote away for the two big parties.

It's why I have a clean conscience when I voted third party.

It's why you would have a better future, if you voted third party.

Michael Moore on Larry King Live - 4/27/10

Michael Moore on Larry King Live - 4/27/10


Goldman Sachs boss Blankfein to defend bank's record

Goldman Sachs boss Blankfein to defend bank's record

LLOYD BLANKFEIN
Lloyd Blankfein
Chairman and chief executive of world's biggest investment bank, Goldman Sachs
Earned more than $70m in 2007 - a record for a Wall Street boss. Took home less than $1m in 2009
Told magazine interviewer last year "I'm doing God's work".

Goldman Sachs boss Lloyd Blankfein will deny his investment bank bet against its own clients in the US property market at a Senate hearing later.

The under-fire banker will argue that Goldman was simply "managing [its] risk" in betting on market falls.

He will also say that the bank lost $1.2bn (£779m) as a result of the collapse in house prices in 2008.

On Monday, the US Subcommittee on Investigations accused Goldman of profiting at its clients' expense.

According to the subcommittee's chairman Senator Carl Levin, investigations show that Goldman bet on property prices falling, while selling clients investments that depended on a rising market in order to be profitable.

"Goldman Sachs made billions of dollars from betting against the housing market, and it placed those bets in some cases at the same time it was selling mortgage related securities to its clients," he said.

"They have a lot to answer for."

Charge disputed

The investment bank is also accused of fraud by the US regulator the Securities and Exchange Commission (SEC), relating to a specific deal selling mortgage-backed securities.

It is alleged that the bank sold the securities to clients without telling them that a hedge fund involved in putting the deal together had bet on the securities falling in value.

Mr Blankfein will be among the Goldman executives to appear before the committee later.

In a text of his prepared testimony, he said the bank "strongly disagreed" with the SEC's complaint, calling the episode "one of the worst days in my professional life".

"We have been a client-centred firm for 140 years and if our clients believe that we don't deserve their trust, we cannot survive."

He added that the accusation that the bank made money from bets on market falls ("short" positions) was simply not true.

"We didn't have a massive short against the housing market and we certainly did not bet against our clients," he said.

"Rather, we believe that we managed our risk as our shareholders and our regulators would expect."

Other Goldman executives due to appear at the hearing include the chief financial officer David Viniar, and the London-based trader Fabrice Tourre, named in the SEC charges.

Source

US to set fire to oil rig leak

US to set fire to oil rig leak

satellite image shows oil slick near Louisiana/Florida coast

The US coast guard has said it will set fire to an oil spill in the Gulf of Mexico on Wednesday as efforts to stem a leak after a rig blast are failing.

Officials are concerned that, unless controlled, the leak could cause one of the worst spills in US history.

Coast Guard Rear Adm Mary Landry has said work on sealing leaks using robotic submersibles could take months.

Around 1,000 barrels are leaking every day after the Deepwater Horizon rig exploded and sank last week.

Eleven of the rig's workers are still missing and presumed dead in the disaster off the Louisiana coast.

Controlled burn

A "controlled burn" would involve setting fire to an area of oil trapped by special containment booms on the water's surface.



Environmental experts say birds and animals are more likely to escape a burning patch of water than an oil slick, although toxic fumes could endanger wildlife.

"We fully understand there are benefits and trade-offs," said Adm Landry.

But she noted that with the spill moving toward land, the impact on Louisiana's coastline, which contains some 40% of the nation's wetlands and spawning grounds for countless fish and birds, had to be considered.

Controlled burns had been tried and tested before, and had been shown to be "effective in burning 50 to 95% of oil collected in a fire boom", she said.

She warned that if the well was not secured soon, "this could be one of the most significant oil spills in US history".

FROM BBC WORLD SERVICE

The leaks - about 5,000ft (1,525m) under the surface - were found on Saturday, four days after the Deepwater Horizon platform, to which the pipe was attached, exploded and sank.

About 1,000 barrels (42,000 US gallons; 35,000 imperial gallons) of oil a day have been gushing into the sea since the blast.

The resulting oil slick now has a circumference of about 600 miles (970km) and covers about 28,600 sq miles (74,100 sq km).

The slick is now about 20 miles (32km) off the coast of Louisiana, but wind projections indicate it will not reach land before Saturday.

It would have to continue for more than eight months to match the 11m-gallon spill from the oil tanker Exxon Valdez off Alaska in 1989.

Possible solutions

Workers on a nearby oil platform were evacuated by the US authorities on Monday after the oil slick came dangerously close.

British oil company BP, one of the firms operating the rig, has not been able to activate a device known as a blow-out preventer, designed to stop oil flow in an emergency.

OIL SPILL DISASTERS
1991: 520m gallons were deliberately released from Iraqi oil tankers during the first Gulf War to impede the US invasion
1979: 140m gallons were spilt over nine months after a well blow-out in the Bay of Campeche off Mexico's coast
1979: 90m gallons leaked from a Greek oil tanker after it collided with another ship off the coast of Trinidad
1983: 80m gallons leaked into the Gulf over several months after a tanker collided with a drilling platform
1989: 11m gallons were spilt into Alaska's Prince William Sound in the Exxon Valdez disaster

Doug Suttles, the chief operating officer for exploration and production at BP, said it had not yet given up on engaging the valve, but was considering other possible solutions.

These include placing a dome directly over the leaks to catch the oil and send it up to the surface, where it could be collected by ships. This has only been done in shallow water before and is still two to four weeks from being operational.

BP will also begin drilling a "relief well" intersecting the original well, but it is also experimental and could take two to three months to stop the flow.

Forty-nine vessels - oil skimmers, tugboats barges and special recovery boats that separate oil from water - were working to round up oil, BP said.

An investigation has been ordered into the cause of the leak by the interior and homeland security departments.

It will have the power to compel witnesses to testify, and will look into possible violations by the operators of the rig, Transocean.

Graphic of ROV on seabed

Source

Winning elections without a majority

Winning elections without a majority

By Anthony Reuben
BBC News

Liberal Democrat leader Nick Clegg has criticised the current electoral system because it is possible for a party to win the election while getting fewer votes than another party.

How is it possible?

Consider this simplified example of an election involving three parties competing in three seats, each of which has 30 voters.


A simple first-past-the-post election

Seat 1 Seat 2 Seat 3 Total votes Seats won
Party A 13 12 3 28 2
Party B 8 7 15 30 1
Party C 9 11 12 32 0


Party A has won the election despite receiving fewer votes than the other two parties.

It is possible because there is no value placed on votes in seats that you do not win, so the 11 votes that party C received in seat 2 were effectively wasted.

There is also no value placed on having a bigger majority, so gaining extra support in a constituency that you already hold does not help your party very much.

This is a problem for parties that have some support in a lot of constituencies, but less concentrated support.

In 2005, the Liberal Democrats received 22% of the votes but only won 62 seats, which was less than 10% of the seats in the House of Commons.

In the 1951 general election, Winston Churchill's Conservatives won 26 more seats than Clement Attlee's Labour Party despite having received about 250,000 fewer votes.

The electoral system means that opinion polls that aim to reflect percentage support throughout the country may be misleading, because what matters is not the total proportion of votes won but the amount of concentrated support that wins seats.

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