Conditions are unstable in Europe.
There is another EU summit meeting tomorrow.
They will try to decide nothing again.
Greece has not met their demands.
Spain has not asked for a bailout.
Italy is silent.
France is worried.
Germany is not listening.
If Greece does not get relief they will call another election.
Syriza will win. That will be the end of this round.
Obama is getting good press as far as I can tell. The numbers are not in.
I will check on those at the close of this.
Paul Krugman is dealing with details. The facts have little traction.
The Telegraph will discover there are facts.
They have not so far.
If the euro survives, how will Britain fit into the new federal state?
17 Oct 2012
| 104 Comments
Debt crisis: as it happened, October 17
17 Oct 2012
| 412 Comments
Andrew Tyrie: debt crisis is 'elephant in room of UK economy'
Conditions in the banking system will only improve once the eurozone crisis has been resolved, according to Andrew Tyrie, the chairman of the Parliamentary Commission on banking.
17 Oct 2012
| 5 Comments
UK jobless rate falls to 7.9pc: reaction
The number of Britons claiming unemployment benefit fell unexpectedly and employment rose to a record high, official data showed on Wednesday. here's how economists reacted.
17 Oct 2012
| 4 Comments
Employment in UK hits all-time high
More people are in employment in the UK than at any time since records began in 1971, rising to nearly 30m for June to August, according to official Government data.
17 Oct 2012
| 468 Comments
Young 'disadvantaged' when looking for jobs
Young people are facing the most challenging job market in decades, according to research by the Joseph Rowntree Foundation.
17 Oct 2012
| 5 Comments
German people happy to accept 'currency commissioner'
A senior adviser to the German finance ministry said the country would be happy to accept a "currency commissioner" with sweeping powers to veto national budgets, while officials in Brussels described the plan as unworkable.
17 Oct 2012
| 12 Comments
The Guardian understands blood in the streets.
None of note today.
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17 Oct 2012: Editorial: As François Hollande's broadside on the eve of the EU summit suggests, Angela Merkel must shift her stance on the eurozone 4 comments
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17 Oct 2012: CFO declines to comment on possibility of capital call as French bank's investment in Greece comes to a close
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17 Oct 2012: From China and Japan to Brazil and the US, patience is running out amid fears crisis will tilt world into a deepening recession
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17 Oct 2012: Brinkmanship and bailouts at EU summits followed the discovery that Greece had cooked the books
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17 Oct 2012: The euro has had a rough couple of years, and could use a bit of a makeover. Here are six proposals
Post your comment -
17 Oct 2012:
As European leaders prepare for summit, troika says broad outlines agreed on austerity measures Greece must impose
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17 Oct 2012: The French president has surprised many by going public on his frustrations with Angela Merkel's prescription for the euro crisis; and his implicit desire for decision-taking to be left to national leaders will annoy Brussels 42 comments
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17 Oct 2012: Exclusive: In first British newspaper interview since becoming president, French Socialist leader says recession is as great a threat to Europe as debt 327 comments
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Interactive,
17 Oct 2012:
Three years ago this week Greece's finance minister
revealed a black hole in the country's budget – the first sign of a debt
crisis that has shaken markets and sparked unprecedented austerity and
protests
Link 10/17/12
Food fraud tackled by forensic scientists
BBC. We had a bit of this sort of thing in NYC. I believe it was the
Times that did a study on whether the supposed Alaskan (as in wild)
salmon was the real deal. It turns out of all the fancy stores selling
the product, only one (Eli’s) had the genuine article. I’d assume in
most cases the wholesalers lied to the retailers. Of course, in NYC the
media cares most when it’s the chattering classes that are get ripped
off…
Crazy Gross Internet Troll Caves Will Make You Feel Better About Your Dirty Keyboard Huffington Post. Per Ed Harrison: Look, they’ve finally found out where some of the worst commenters at Naked Capitalism live. It’s not pretty.
AXILLISM Twitter. Richard Smith is working hard to improve your vocabulary.
Guys and Sex Dolls – Scenes from the Guanzghou Sexpo Danwei
China’s Yuan Internationalization: Made In Africa, Not Hong Kong Forbes (Timothy F)
EU Ministers Tighten Sanctions on Iran OilPrice
Coping with financial crises: Latin American answers to European questions VoxEU
Retirement No Option for Older Workers in Europe’s Crisis Bloomberg
EuroFascist Watch. Sadly, this might become a regular feature. Nikki and Nick, both members of the OWS Alternative Banking Group, participated in a successful effort in Astoria, Queens, to keep the Greek fascist party Golden Dawn from establishing a presence there as a US beachhead. Apparently a high moment in the well attended community meeting was when someone announced he was from Anonymous, and had taken down Golden Dawn’s website and messed with their bank account. One of the messages on a related listserv:
Mark Ames notes that Golden Dawn is using the same approach that the neoNazis and fascists (often backed by bankers) used in Russia under Yeltsin. GD is providing social services (only to Greeks who can prove they are Greeks) and much of the time has the support of the police. If someone has a problem, the police will say, “Go talk to this guy [at Golden Dawn]“. And the GD guys expect something back for their services. Oh, and the Russian Orthodox church had ties to the fascists, ‘natch.
Finally, the EU is increasing the pressure on Greece by not letting immigrants leave. This is apparently a huge deal in the northeast, where a lot of immigrants from Turkey and Central Asia come to Greece. They don’t intend to stay, they are en route to, say, Britain or Germany. But the border police are not letting them transit onward or return to their home countries. That of course strengthens the hand of Golden Dawn. For more background, see this piece from the Independent.
French president pushing homework ban as part of ed reforms Washington Post (Gaius)
Why The Nobel Peace Prize For The EU Is So Flawed Ilargi
Romney: I had ‘binders full of women’ as governor Raw Story
Will Privacy Go to the Dogs? New York Times (furzy mouse)
Mitt Romney: The Great Deformer David Stockman, Daily Beast (fresno dan)
Public Briefing: Erskine Bowles Determined to Reduce Private Sector Income, Stifle US Economy – Pt. 1 Michael Hoexter, New Economic Perspectives
The Recent Collapse In Business Confidence Is Stunning Clusterstock
Where Are Consumers Getting Income to Spend? WSJ Economics Blog
Puncturing the Housing Optimism Bubble David Dayen, Firedoglake
Presidential pointers from local high school debaters Palm Beach Post (Lambert)
10 greatest market crashes MarketWatch. I slept through the 1987 crash. I had an excuse, I was in Japan. I was told the last copy of the New York Times that had the crash as its headline on sale in One World Trade Center (where I normally worked), whose sales price was $0.25, was auctioned to the highest bidder and fetched $5.00.
Crazy Gross Internet Troll Caves Will Make You Feel Better About Your Dirty Keyboard Huffington Post. Per Ed Harrison: Look, they’ve finally found out where some of the worst commenters at Naked Capitalism live. It’s not pretty.
AXILLISM Twitter. Richard Smith is working hard to improve your vocabulary.
Guys and Sex Dolls – Scenes from the Guanzghou Sexpo Danwei
China’s Yuan Internationalization: Made In Africa, Not Hong Kong Forbes (Timothy F)
EU Ministers Tighten Sanctions on Iran OilPrice
Coping with financial crises: Latin American answers to European questions VoxEU
Retirement No Option for Older Workers in Europe’s Crisis Bloomberg
EuroFascist Watch. Sadly, this might become a regular feature. Nikki and Nick, both members of the OWS Alternative Banking Group, participated in a successful effort in Astoria, Queens, to keep the Greek fascist party Golden Dawn from establishing a presence there as a US beachhead. Apparently a high moment in the well attended community meeting was when someone announced he was from Anonymous, and had taken down Golden Dawn’s website and messed with their bank account. One of the messages on a related listserv:
I heard from a comrade from Athens, he is Council Member in Athens and organizer for ΚΕΕΡΦΑ (United Against Racism and the Fascist Threat). He mentioned that our activities here against GD have had quite the impact over there. GD is frankly pissed that we ruined their plans here.Nikki says they had to meet at the Episcopalian church, and she was disturbed that the Greek Orthodox church wouldn’t host it. She speculated that Golden Dawn has ties to the Greek Orthodox church and later found that to be correct.
Mark Ames notes that Golden Dawn is using the same approach that the neoNazis and fascists (often backed by bankers) used in Russia under Yeltsin. GD is providing social services (only to Greeks who can prove they are Greeks) and much of the time has the support of the police. If someone has a problem, the police will say, “Go talk to this guy [at Golden Dawn]“. And the GD guys expect something back for their services. Oh, and the Russian Orthodox church had ties to the fascists, ‘natch.
Finally, the EU is increasing the pressure on Greece by not letting immigrants leave. This is apparently a huge deal in the northeast, where a lot of immigrants from Turkey and Central Asia come to Greece. They don’t intend to stay, they are en route to, say, Britain or Germany. But the border police are not letting them transit onward or return to their home countries. That of course strengthens the hand of Golden Dawn. For more background, see this piece from the Independent.
French president pushing homework ban as part of ed reforms Washington Post (Gaius)
Why The Nobel Peace Prize For The EU Is So Flawed Ilargi
Romney: I had ‘binders full of women’ as governor Raw Story
Will Privacy Go to the Dogs? New York Times (furzy mouse)
Mitt Romney: The Great Deformer David Stockman, Daily Beast (fresno dan)
Public Briefing: Erskine Bowles Determined to Reduce Private Sector Income, Stifle US Economy – Pt. 1 Michael Hoexter, New Economic Perspectives
The Recent Collapse In Business Confidence Is Stunning Clusterstock
Where Are Consumers Getting Income to Spend? WSJ Economics Blog
Puncturing the Housing Optimism Bubble David Dayen, Firedoglake
Presidential pointers from local high school debaters Palm Beach Post (Lambert)
10 greatest market crashes MarketWatch. I slept through the 1987 crash. I had an excuse, I was in Japan. I was told the last copy of the New York Times that had the crash as its headline on sale in One World Trade Center (where I normally worked), whose sales price was $0.25, was auctioned to the highest bidder and fetched $5.00.
The auto repair bills are not gone. They are distributed over time and distance in even periodic lumps with management fees added on.
If it were a good deal the company would be out of business.
It may be more bearable to pay regularly rather than as things get unbearable.
I am content with the car I have. It has few problems.
A Lotus Seven is not a car but an all consuming hobby.
It is far too late to extend that car's warranty.
I am not interested in random bodies. I will play as long as it takes.
An affirmative resolution will end this round.
Then we can work at carrying on in a more satisfactory manner.
A cable connection is a wire. Cable is not wireless.
A sprint smartphone is a solution I worked out once. It will be good for a few months more, possibly a year or two. AT&T limits bandwidth.
Satellite phones are impossible as media of conversation because of the delays. There exist committed radio links that work well over a few miles.
Spread spectrum at forty nine megahertz at a guess. It should be license free. There is no real expectation of privacy for broadcast signals.
Member Service has been flagged as phishing. Properly so.
Loan Department looks to be a payday operation. It smells like a trap.
The best snoring solution is a change of position. I will do it and tolerate it. There may be other solutions. Washing the sheets helps sometimes.
Member Support sounds like a con game.
Not my choice of ways to waste time and money.
I promised a look at Obama's numbers
http://elections.nytimes.com/2012/electoral-map
33 votes short of victory at last count. Romney is 79 short.
The House looks hopeless.
http://polltracker.talkingpointsmemo.com/contests/us-president-12
I am not going to figure out how to post the chart.
Questions of cosmology have been rolling around the back of my mind.
There is no rule that says the processes of the universe are efficient.
Conservation of linear momentum could easily be the dark energy that has been in the news.
I consider something from nothing an impossibility.
There is no general phenomenon that is unique.
The universe is a local phenomenon.
Space should be awash with radio noise, the red shifted light of other universes. We are very loud here abouts.
The universe could be open.
.
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