Sunday, March 18, 2012

Saturday, March 17, 2012

Air pollution 'will become bigger global killer than dirty water'

http://www.guardian.co.uk/environment/2012/mar/15/air-pollution-biggest-killer-water

OECD report says pollution will become biggest cause of premature death, killing an estimated 3.6 million people a year by 2050

Beijing, China, which is one of the countries likely to be worst hit by pollution-triggered deaths in coming decades. Photograph: David Gray/Reuters
Urban air pollution is set to become the biggest environmental cause of premature death in the coming decades, overtaking even such mass killers as poor sanitation and a lack of clean drinking water, according to a new report.
Both developed and developing countries will be hit, and by 2050, there could be 3.6 million premature deaths a year from exposure to particulate matter, most of them in China and India. But rich countries will suffer worse effects from exposure to ground-level ozone, because of their ageing populations – older people are more susceptible.

The warning comes in a new report from the Organisation for Economic Cooperation and Development (OECD), which is a study of the global environmental outlook until 2050. The report found four key areas that are of most concern – climate change, loss of biodiversity, water and the health impacts of pollution.

If current policies are allowed to carry on, the world will far exceed the levels of greenhouse gas emissions that scientists say are safe, the report found. "I call it the surrender scenario – where we would be if governments do nothing more than what they have pledged already?" said Simon Upton, environment director at the OECD. "But it could be even worse than that, we've found."

The report said that global greenhouse gas emissions could increase by as much as half, as energy demand rises strongly, if countries fail to use cleaner forms of energy. Water demand is also likely to rise by more than half, and by 2050 as much as 40% of the global population is likely to be living in areas under severe water stress. Groundwater depletion would become the biggest threat to agriculture and to urban water supplies, while pollution from sewage and waste water – including chemicals used in cleaning – will put further strain on supplies.
However, the OECD study alsos said that there are some actions that governments can take quickly to tackle some of the key problems. For instance, many governments treat diesel fuel for vehicles differently than petrol for tax purposes, with tax breaks that encourage the take-up of diesel. But although diesel vehicle fuel produces lower greenhouse gas emissions than petrol, it is far worse for spewing out small particulate matter, which is bad for urban pollution.


"In environmental terms, there is no reason to give diesel tax breaks over petrol," said Upton.

Governments could also remove other environmentally harmful subsidies, such as fossil fuel subsidies and subsidies for water that encourage irresponsible use of the resource. Biofuels are another potential danger area, because although they can emit less carbon than conventional fossil fuels, they also contribute to reducing biodiversity and put further strains on water use, so governments should consider carefully whether to go down the biofuels road, Upton warned.
Upton said that if governments took action now, and developed long-term views of these environmental problems, it would give them a much greater chance of avoiding the worst outcomes. "The key thing is that these four biggest problems are interconnnected – biodiversity is affected by climate change and land use, water is linked to health problems, for instance. You can't solve any one of these in isolation. So to be effective, governments have to focus on all of these four and look very closely at the connections between them," he said.

Democracy is inherently susceptible to corruption

From "13 Reasons Goldman’s Quitting Exec May Have a Point"
by Cora Currier
ProPublica

http://www.propublica.org/article/13-reasons-goldmans-quitting-exec-may-have-a-point

[...]
April 2003: SEC charges Goldman Sachs over conflicts of interest among its research analysts. The company eventually settled for $110 million in fines and disgorgements.

November 2003: Former Goldman economist John Youngdahl pleads guilty to insider trading. The firm had to pay the SEC $4.2 million over profits it gained from the illegal dealings.

July 2004: Goldman settles with the SEC for $10 million over charges it improperly promoted a stock sale involving PetroChina.

January 2005: Goldman settles with the SEC for $40 million over charges that it violated securities law in promoting initial public offerings.

April 2006: Two former Goldman employees are charged with running an international insider-trading ring while they were at the firm. Eugene Plotkin and David Pajcin, both in their 20s, paid off insiders at other firms and stole early copies of Business Week to get an edge. They also tried (unsuccessfully) to use strippers to get information. Both eventually served jail time.

March 2007: A Goldman subsidiary, Goldman Execution and Clearing, settles with the SEC for $2 million over allegations that faulty oversight that allowed customers to make illegal trades.

March 2009: Goldman Execution and Clearing settles with the SEC for $1.2 million over improper proprietary trading by employees.

July 2009: The SEC charges a former Goldman Sachs trader Anthony Perez and his brother with insider trading based on information Anthony Perez obtained through his job at Goldman Sachs. He was fined $25,000 and his brother more than $150,000.

May 2010: The SEC hits Goldman Execution and Clearing with a $225,000 fine for violating a rule aimed at regulating short selling.

July 2010: Goldman settles with the SEC for $553 million over allegations that it misled investors about the collateralized debt obligation ABACUS 2007-AC1 by not disclosing the involvement of a hedge fund in its creation, or the fact that the hedge fund stood to benefit if the CDO failed. Goldman executive Fabrice Tourre was also charged.

March 2011: The SEC charges Goldman board member Rajat Gupta with insider trading. Gupta allegedly passed on information he learned as a board member to the hedge fund Galleon Group. In October, 2011, he was arrested and hit with criminal charges by the FBI. The case is pending.

September 2011: The SEC charges a Goldman employee, Spencer Midlin, and his father for insider trading based on information Spencer Midlin gained from his position at Goldman Sachs. The two men were ordered to pay $92,000.

February 2012: Goldman Sachs receives notice from the SEC that the agency may bring charges related to mortgage backed-securities.

Decade of the Living Dead

By Nomi Prins

“Zombie Banks: How Broken Banks and Debtor Nations Are Crippling the Global Economy”

A book by Yalman Onaran

http://www.truthdig.com/arts_culture/print/decade_of_the_living_dead_20120315/

[...]
After reading “Zombie Banks,” I interviewed Onaran. His responses underscore the importance of his book and the ongoing fallout of the widespread governmental subsidizing of zombie banks.

Nomi Prins: How would you rank the top U.S. banks from worst to least in terms of “zombieness”?

Yalman Onaran: No. 1 Bank of America, 2 Citigroup, 3 Morgan Stanley, 4 Goldman Sachs, 5 JPMorgan.

Prins: How does their zombie status hurt ordinary Americans?

Onaran: The zombieness of some of the largest banks hurts our economy because the zombies cannot fulfill their most important role of lending to consumers and companies. They try to use the money they get from the government to patch up their consistently bleeding wounds. They also make riskier bets with their money—such as writing complicated derivatives connected to the debt of troubled countries in Europe—which increases the likelihood that their final blowup will be even costlier to society than if they were stopped right now. That’s what happened in the past when zombie banks weren’t stopped in time. Taxpayers end up paying for the final mess every time and they will this time too.

Prins: Do you see us getting to a point where the zombie status is turned around?

Onaran: If the politicians wanted to kill the zombies, they could. The U.S. and many other countries have passed laws that allow them to wind down troubled banks. Even before the last crisis though, they could have done it. Politicians typically choose to muddle through though, which means letting the zombies live. If Obama finally decided to replace Geithner with a Treasury secretary more independent of the big banks, he could use Dodd-Frank reform’s resolution powers to take over and shut down the worst zombies. As presidential elections get closer and the economy refuses to improve, Obama might be tempted to go that route. Alternatively, if he loses the elections and the incoming Republican president decides to get tough on the banks, it could be done. I’m not very hopeful on either possibility though. Unfortunately, we’ll probably keep muddling through.

Prins: The OWS movement has demonstrated understandable, palpable anger toward the big banks—how can reading your book help them?

Onaran: OWS is reflecting the widespread anger throughout society toward the big banks because as unemployment lingers around 9 percent, the economy is stuck in an almost no growth zone, and bankers are back to paying themselves big bonuses and taking big risks while taking comfort from the government’s implicit guarantee to save them if their bets go sour, like in 2008. My book will give the OWS supporters a much better understanding of all the forces in finance and politics that play into this dirty game, help connect the dots between what’s happening here and in Europe. It will also help the OWS movement formulate concrete demands from our politicians so we can fix this mess. I lay out various steps the government can take to end the zombieness of the system, so the economy can move on.
* * *
If our leaders don’t adopt any of Onaran’s suggestions, the resulting blowup will be more horrific the next time around. Patching financial injuries by printing money doesn’t make the bleeding wounds go away. Onaran tells us we have to fix the problems or suffer the devastating consequences of zombie banks eating our economic flesh for years to come.

Choosing our Fate (2)

Slavoj Žižek

http://www.lacan.com/thesymptom/?page_id=1934

[...] we put the blame on fate when we miss an opportunity – which opportunity? The opportunity not simply to act freely and use given possibilities, but the opportunity to change what we perceive as our fate, to choose a different fate.

This insight is of special importance today, when the crises humanity is facing cannot but appear as part of an inexorable fate pushing us closer and closer to an apocalyptic point: ecological breakdown, biogenetic reduction of humans to manipulable machines, total digital control over our lives… At all these levels, things are approaching a zero-point, “the end of time is near”. Here is Ed Ayres’s description: “We are being confronted by something so completely outside our collective experience that we don’t really see it, even when the evidence is overwhelming … that ‘something’ is a blitz of enormous biological and physical alterations in the world that has been sustaining us.” At the geological and biological level, Ayres enumerates four “spikes” (accelerated developments) asymptotically approaching a zero-point at which the quantitative expansion will reach its point of exhaustion and will have to change into a different quality: (1) population growth, (2) consumption of resources, (3) carbon gas emissions, (4) the mass extinction of species. In order to cope with this threat, our collective ideology is mobilizing mechanisms of dissimulation and self-deception amounting to as direct will to ignorance: “a general pattern of behavior among threatened human societies is to become more blinkered, rather than more focused on the crisis, as they fail.”

What, then, can we do in such a predicament? Recall the Arab story about the appointment in Samara: a servant on an errand in the busy market of Baghdad meets Death ther. Terrified by Death’s gaze, he runs home to his master and asks for a horse he can ride to Samara where Death will not find him. The good master not only provides the servant with a horse, but goes himself to the market, looks for Death and reproaches him for scaring his servant. Death replies: “But I didn’t want to scare your servant. I was just surprised that he was here when I have an appointment with him in Samara tonight…” What if the message of this story is not that a man’s demise is impossible to avoid, that trying to twist free of it will only tighten its grip, but rather its exact opposite: that if one accepts fate as inevitable one can break its grasp? Imagine that upon encountering Death in the market the servant had said: “What’s your problem? If you have something to do with me, do it, otherwise beat it!” Perplexed, Death would have mumbled something like: ”But… we were supposed to meet in Samara, I cannot kill you here!”
[...]

Friday, March 16, 2012

Choosing our Fate

Slavoj Žižek

http://www.lacan.com/thesymptom/?page_id=1934

[...]
If we are effectively to counteract the drift towards catastrophe, it is not enough just to submit to a critical analysis the standard notion of historical progress; one should also deploy the limitation of the ordinary «historical» notion of time: at each moment of time, there are multiple possibilities waiting to be realized; once one of them actualizes itself, others are cancelled. We need to break out of the ”historical” notion of temporality which runs from the past to the future, and to introduce a new mode of time, the ”time of a project“(Jean-Pierre Dupuy), of a closed circuit between the past and the future: the future is causally produced by our acts in the past, while the way we act is determined by our anticipation of the future and our reaction to this anticipation. This, then, is how Dupuy proposes to confront the catastrophe: we should first perceive it as our fate, as unavoidable, and then, projecting ourselves into it, adopting its standpoint, we should retroactively insert into its past (the past of the future) counterfactual possibilities (“If we had done that and that, the catastrophe we are in now would not have occurred!”) upon which we then act today. Therein resides Dupuy’s paradoxical formula: we have to accept that, at the level of possibilities, our future is doomed, the catastrophe will take place, it is our fate – and, then, on the background of this acceptance, we should mobilize ourselves to perform the act which will change fate itself. Instead of saying “the future is still open, we still have the time to act and prevent the worst,” one should accept the catastrophe as inevitable, and then act to retroactively undo what is already “written in the stars” as our fate.
[...]

Thursday, March 15, 2012

Family of Florida boy killed by Neighborhood Watch seeks arrest

http://www.reuters.com/article/2012/03/08/us-crime-florida-neighborhoodwatch-idUSBRE82709M20120308

By Barbara Liston

ORLANDO, Florida (Reuters) - The family of a 17-year-old African-American boy shot to death last month in his gated Florida community by a white Neighborhood Watch captain wants to see the captain arrested, the family's lawyer said on Wednesday.

Trayvon Martin was shot dead after he took a break from watching NBA All-Star game television coverage to walk 10 minutes to a convenience store to buy snacks including Skittles candy requested by his 13-year-old brother, Chad, the family's lawyer Ben Crump said.

"He was a good kid," Crump said in an interview, adding that the family would issue a call for the Watch captain's arrest at a news conference on Thursday. "On his way home, a Neighborhood Watch loose cannon shot and killed him."
Trayvon, who lived in Miami with his mother, had been visiting his father and stepmother in a gated townhome community called The Retreat at Twin Lakes in Sanford, 20 miles north of Orlando.

As Trayvon returned to the townhome, Sanford police received a 911 call reporting a suspicious person.

Although names are blacked out on the police report, Crump and media reports at the time of the shooting identified the caller as George Zimmerman who is listed in the community's newsletter as the Neighborhood Watch captain.
Without waiting for police to arrive, Crump said, Zimmerman confronted Trayvon, who was on the sidewalk near his home. By the time police got there, Trayvon was dead of a single gunshot to the chest.

"What do the police find in his pocket? Skittles," Crump said. "A can of Arizona ice tea in his jacket pocket and Skittles in his front pocket for his brother Chad."
Zimmerman could not be reached for comment on Wednesday evening at a phone number listed for him on the community's newsletter.

Crump said the family was concerned that police might decide to consider the shooting as self defense, and that police have ignored the family's request for a copy of the original 911 call, which they think will shed light on the incidents.
"If the 911 protocol across the country held to form here, they told him not to get involved. He disobeyed that order," said Ryan Julison, a spokesman for the family.

"He (Zimmerman) didn't have to get out of his car," said Crump, who has prepared a public records lawsuit to file on Thursday if the family doesn't get the 911 tape. "If he never gets out of his car, there is no reason for self-defense. Trayvon only has skittles. He has the gun."

Since Trayvon, a high school junior who wanted to be a pilot, was black and Zimmerman is white, Crump said race is "the 600 pound elephant in the room."

"Why is this kid suspicious in the first place? I think a stereotype must have been placed on the kid," Crump said.

(Editing By Cynthia Johnston and Peter Bohan)