Monday, March 9, 2015

@10:34, 3/9/15

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Business Day

Apple Watch Demonstration, Questions for HSBC and Greece’s Bailout

Apple will demonstrate its new smartwatch on Monday, HSBC’s chief will testify in Britain’s Parliament, and Greece will detail its reform plans.
European Sovereign Debt Crisis (2010- ); Stocks and Bonds; Shopping and Retail 

An anticipation of news.

2
Business Day

Economic Reform Is Best Path for Greece

If Greece is to secure a long-term pact with its creditors, the prime minister will have to abandon most of his election promises.
European Sovereign Debt Crisis (2010- ) 

Alexis Tsipras may have no intention of making a long term deal on his creditors terms.
He has promised to attempt a default within the euro zone.
Such a default does not appear possible.
The more radical elements of his coalition are properly suspicious about his next actions.
The news from the Greek side is available here:
http://www.nakedcapitalism.com/
http://www.nakedcapitalism.com/2015/03/links-3915.html
http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_06/03/2015_547968
http://www.ekathimerini.com/

3
Business Day

E.C.B. Begins Its Bond-Buying Program for the Eurozone

Known as quantitative easing, the policy is intended to help push the eurozone’s inflation rate back toward an official target of below, but close to, 2 percent.
Quantitative Easing; Banking and Financial Institutions; Government Bonds 

http://www.nytimes.com/2015/03/10/business/greece-eurozone-finance-ministers.html

Draghi is a Keynesian economist.

N.Y. / Region

U.S. Attorney Keeps Talking, but Leaves Out Sheldon Silver

Preet Bharara, the United States attorney in Manhattan, offered a notable silence on a corruption case involving the speaker of the New York Assembly after his public remarks became part of it.
Corruption (Institutional); Legal Profession 

https://en.wikipedia.org/wiki/John_Rawls
https://en.wikipedia.org/wiki/A_Theory_of_Justice   A text worth reading.

It is an academic fight that is edging into public.
Preet Bharara is speaking for the entire administration.
He is doing as he should. 

5
World

Move Over Mao: Beloved ‘Papa Xi’ Awes China

Not since Mao Zedong dominated the nation with his masterly blend of populism, fervor and fear has a Chinese leader commanded as much public awe as President Xi Jinping.
Propaganda 

China is in more trouble than it wants to admit.
They are trying to restore legitimacy to the party. 

6
Health

Visiting Nurses, Helping Mothers on the Margins

The Nurse-Family Partnership is at the heart of a sweeping federal effort aimed at improving children’s health by educating mothers.
Nursing and Nurses; Parenting; Infant Mortality; Women and Girls; Patient Protection and Affordable Care Act (2010); Pregnancy and Childbirth; Babies and Infants 

The program obviously works as intended.
The state has a real interest in healthy able individuals.
Beyond small minded spite there is no reason to limit or block the programs.

7
Opinion

Jobs and the Federal Reserve

The Fed should continue to hold off on raising rates until wages are growing in tandem with inflation and productivity.
Labor and Jobs; Unemployment; Productivity; Wages and Salaries; Interest Rates; United States Economy 

Close enough to right.

8
Opinion

When Food Is Wasted, Many Ills Come to the Fore

The Environmental Protection Agency and an environmental advocate respond to a news article.
Food; Waste Materials and Disposal; Greenhouse Gas Emissions 

The gain from wasting food is not worth the cost in wasted resources and wasted lives.

9
U.S.

After Car Crash Kills Mother, Toddler Is Found Alive in Utah River

A fisherman discovered the 18-month-old girl hanging upside down in her car seat above the water that flowed through the car in Spanish Fork, Utah.
Traffic Accidents and Safety; Babies and Infants; Rivers 

It is less of a story than the headline indicates.

10
N.Y. / Region

Two Portrayals of Patz Suspect: Manipulative, or Mentally Ill

Questions about Pedro Hernandez’s mental competence are central to his trial for the murder of Etan Patz and are likely to continue as the defense presents its witnesses.
Confessions; Mental Health and Disorders; Murders, Attempted Murders and Homicides 

The mental competence of Pedro Hernandez is low. 
How low is the only question.  

11
Technology

Apple Watch Event: What to Look For

At an event at 1 p.m. Eastern time, Apple is expected to reveal features and prices for its entry into the smartwatch market.
Wearable Computing; Watches and Clocks; iPhone 

http://www.nytimes.com/2015/03/10/technology/apple-watch-event.html

"Unlike past Apple products, the Apple Watch has a complex pricing structure. Because a smart watch is both gadget and fashion accessory, Apple designed its device to be highly customizable to suit the tastes of various consumers, from fitness buffs to collectors of luxury watches."

I don't want one.

12
Magazine

ClassPass and the Joy and Guilt of the Digital Middleman Economy

Should I feel bad about using my new favorite app?
Exercise; Delivery Services; Venture Capital; Computers and the Internet; Health Clubs

The services will end if they do not respect their partners costs.

13
U.S.

Some Supreme Court Justices Cite 2012 Argument Against Health Care Law as Defense for It Now

Several justices indicated that they could uphold part of the Affordable Care Act by invoking principles that the court cited to criticize the law in a different case.
Patient Protection and Affordable Care Act (2010); States (US); Federal Aid (US); Health Insurance and Managed Care; Medicaid

Not a significant story if the court is not bent on the destruction of the law at any cost.

14
U.S.

Ferguson Became Symbol, but Bias Knows No Border

The unfairness in Ferguson’s court system that is highlighted by a Justice Department report is not limited to it or even to Missouri.
Police Brutality, Misconduct and Shootings; Traffic and Parking Violations; Race and Ethnicity; Civil Rights and Liberties; Blacks 

The protesters have found an issue we must all back.

15
N.Y. / Region

Warning New York City to Prepare as Its Residents Grow Older

An increase in Silver Alerts, for older adults who go missing, highlights the need for the city to create programs and services for its aging residents, officials say.
Alzheimer's Disease; Elderly; Missing Persons; Dementia 

The dependent old are the best reason I know for children.
I have been released from my duties.
Put me in a state home when I can't care. 

16
Sports

In Mexico, an Extreme Race in the Shadow of Extreme Danger

The threat of violence has always simmered in the background of the ultramarathon, held every March in the Copper Canyon region in northwestern Mexico.
Ultramarathon Running; Drug Cartels; Drug Abuse and Traffic; Running; Poppies; Marijuana 

Mexico will achieve a government.
The question is when.

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N.Y. / Region

In Just Half an Hour…

Metropolitan Diary: A poet considers urban relativity: how far one can travel in half an hour, and how little.
Buses; Poetry and Poets; Roads and Traffic 

Congestion pricing is inevitable.

18
World

Executives Are Jailed in Chile Finance Scandal

Four executives of one of Chile’s largest financial groups, a tax auditor and a former government official were taken into custody in a case that has shaken the economic elite and the main opposition party.
Corporate Taxes; Frauds and Swindling 

Necessary.

http://www.nytimes.com/2015/03/10/business/supreme-court-sides-with-amtrak-with-some-distaste.html

"Justice Anthony M. Kennedy, in a majority opinion joined by seven other justices, said the appeals court had gotten the threshold question wrong by placing too much emphasis on a “statutory label” rather than examining the ways in which Amtrak acts like the government in practice. For purposes of the standards at issue in the 2008 law, he concluded, “Amtrak is a governmental entity.”"

It is socialist but it is legal.

19
Opinion

Getting Ebola to Zero

The greatest danger is complacency even as the disease becomes contained.
Ebola Virus; Epidemics 

Yes.

20
World

In Indian Rapists’ Neighborhood, Smoldering Anger and Code of Silence

The rapist Mukesh Singh re-emerged into the public eye last week, when the BBC released quotes from a jailhouse interview he gave for “India’s Daughter,” a British documentary about the crime.
Censorship; Women and Girls; Sex Crimes; Documentary Films and Programs 

Rape has been part of sectarian war.
Fix the war problem to fix the rape culture.

I have no idea how to go about ending sectarian conflict.


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