There is another bubble.
Before it's burned, Coal, Oil and Gas sit for years on the balance sheets of private (and national) resource companies, as "known reserve" assets. Assets that, someday, will become revenues. Or will they?
And if they won't, what will the balance sheets of ExxonMobil, Chevron, BP, Petrochina, and Gazprom actually look like? [more inside]
posted by anthill
on Dec 19, 2013 -
An Evening with Private Eye.
"Ian Hislop takes a satirical look back at the people and events of 2013 with special guests Craig Brown, Harry Enfield, Lewis Macleod, Jan Ravens and John Sessions. This is a recording of a live (National Theatre) Platform event from December 2013." [SLYT]
posted by feelinglistless
on Dec 14, 2013 -
We were left wondering why a man who served 16 terms in Congress and who bravely came out as gay all the way back in 1987 felt the need to hide his atheism until he was out of office. Was it really harder to come out as an atheist politician in 2013 than as a gay one 25 years ago? Incredibly, the answer might be yes. For starters, consider that there is not a single self-described atheist in Congress today. Not one.
posted by Chrysostom
on Dec 10, 2013 -
In case you were starting to miss the daily insanity that is Rob Ford, Toronto's admitted crack-smoking, tax-cutting, drunken stupor of a Mayor, your wait is over. Newly-unredacted wiretaps
from the police investigation into attempts to retrieve the infamous video of Rob Ford
smocking crack, calling his football team "a bunch of fucking minorities", and Justin Trudeau a "fa**ot", have re-ignited the inquiry into the Mayor's actions. [more inside]
posted by dry white toast
on Dec 4, 2013 -
on a study published by Psychology Today that claims the reason the OWS movement has not gained more traction within the Democratic Party (as compared to the rapid growth of the Tea Party on the other side) is that liberally-minded people see themselves more as a unique collection of beliefs that happen to be joining with other individuals, where conservatives see themselves more as part of a homogenous group of people with similar beliefs.
posted by softlord
on Dec 3, 2013 -
The NFL's Modern Man: How Philadelphia Eagles linebacker Connor Barwin — a bike-riding, socially conscious, Animal Collective–loving hipster — is redefining what it means to be a football player.
posted by Drinky Die
on Nov 20, 2013 -
Peter Hartcher, political editor of the Sydney Morning Herald, tells the story of the self-immolation of the Australian Labor party and the political destruction of two prime ministers, in a five part series: Meltdown
. [more inside]
posted by kithrater
on Nov 20, 2013 -
The robots are here.
George Mason University economist Tyler Cowen predicts that the trend towards automation will squeeze the middle class further still, and compares its effects on American politics to a too-overlooked 1955 short story
by Isaac Asimov.
posted by Jacob Knitig
on Nov 14, 2013 -
The Myth of the Visionary Leader.
"But just knowing that great leadership is not always going to look great, or even make us feel inspired, could help gird us against the power of big personality and encourage us to make more sober choices."
posted by Sticherbeast
on Nov 11, 2013 -
According to researchers who analyzed all 729 constitutions adopted between 1946 and 2006, the U.S. Constitution is rarely used as a model. What's more, "the American example is being rejected to an even greater extent by America's allies than by the global community at large"...
"There are about 30 countries, mostly in Latin America, that have adopted American-style systems. All of them, without exception, have succumbed to...constitutional crisis[es]—your full range of political violence, revolution, coup, and worse. But well short of war, you can end up in a state of "crisis governance," he writes. "President and house may merely indulge a taste for endless backbiting, mutual recrimination, and partisan deadlock. Worse yet, the contending powers may use the constitutional tools at their disposal to make life miserable for each other: The house will harass the executive, and the president will engage in unilateral action whenever he can get away with it." [Juan Linz] wrote that almost a decade and a half ago, long before anyone had heard of Barack Obama, let alone the Tea Party.
's Alex Seitz-Wald makes a case against the U.S. Constitution:
The U.S. Needs a New Constitution—Here's How to Write It
posted by zardoz
on Nov 5, 2013 -
"Unspeak is language that deliberately loads the dice. War on Terror. Weapons of mass destruction. Climate change. Failed asylum seekers. File sharing. Austerity measures. Oil spill. Erectile dysfunction. Once we tune in to unspeak we start seeing and hearing it everywhere
" -- UK journalist Steve Poole's book Unspeak
has been turned into a six part interactive documentary series
by Dutch new media group Submarine Channel
, narrated by Poole himself. [more inside]
posted by MartinWisse
on Oct 31, 2013 -
After a trade dispute, Grangemouth plant
will remain open. Just another case of a greedy union almost driving a company out of business? Perhaps not. Robin McAlpine argues
that this case underlines the broken nature of British industry and its relationship with the unions, as well as the media's ability to report on stories outside of London
posted by Cannon Fodder
on Oct 25, 2013 -
Chinese Provinces and Indian States
: "local leaders are increasingly running much of India and China, which are home to a third of all humanity, from the bottom up. That is affecting how both countries act in the world, which means that these countries need to be understood from the inside out"
posted by Gyan
on Oct 25, 2013 -
Jeanne Safer writes
about being "married to [Richard Brookhiser
] with whom I violently disagree on every conceivable political issue, including abortion, gun control, and assisted suicide. I thought the recent government shutdown was absurd, infantile, and destructive; he was a fan. And not only is he a conservative Republican, he’s a professional conservative Republican, a Senior Editor of National Review
, the leading journal of conservative opinion in the country."
posted by Jahaza
on Oct 23, 2013 -
In February 1963
, a new publication
took advantage of the New York City printers strike and launched with a daring editorial
: It does not, however, seek merely to fill the gap created by the printers’ strike in New York City but to take the opportunity which the strike has presented to publish the sort of literary journal which the editors and contributors feel is needed in America.
The New York Review of Books
is now 50
. [more inside]
posted by mattbucher
on Oct 21, 2013 -
"so many working-class people across the country vote against their own interests. It all comes down to culture wars: the right has always been able to use abortion and gay marriage, and in the past women's rights, but all those things are starting to erode. There really isn't much they can throw up as a smokescreen any more."
" interviews, he says in his quick, metallic, slightly strangulated way, "aren't my favourite thing to do".
But, he does a pretty good job with this one...
posted by HuronBob
on Oct 20, 2013 -
: "The world gives us no shortage of things to be outraged about, and in the right context outrage can be politically useful as well as morally appropriate. But outrage can also be reactive and unreasoned, and too often it leads us astray. It is understandable that the left, in its prolonged weakness, has come to rely on such defensive rhetoric. Over the past four decades, as unions were busted, wealth redistributed upwards, and Iraq invaded—all with electoral sanction—the American left has had little to enjoy besides the sense of righteous camaraderie which outrage can provide. But if the left has any ambitions for the twenty-first century—if it hopes to bring about good, not just decry evil—it must kick its outrage habit."
posted by anotherpanacea
on Oct 14, 2013 -
Happy Political Clusterf*ck Day (U.S.)
In one corner: the first federal government shutdown
, born of the House GOP/Tea Party faction's
crusade to delay, defund, and destroy Obamacare (and the Democratic Senate and President's resolve to not do that
have ping-ponged between the two houses, fighting over language to cancel healthcare reform (plus a few other items, such as the implementation of Mitt Romney's entire economic agenda
). National parks are closed
, contractors are hamstrung
, and 800,000 federal workers furloughed
until Speaker Boehner drops the "Hastert Rule"
and passes a bill the other branches can agree to.
In the other corner, heedless of the chaos
(though not without glitches
of its own): the official rollout of the Affordable Care Act and its state insurance exchanges
. The portal at Healthcare.gov
is your one-stop shop for browsing, comparing, and purchasing standardized, regulated insurance coverage
with premium rebates
, guaranteed coverage
, and expanded Medicaid for the poor (in some states)
. A crazy day, overall -- but peanuts compared to what might happen if the debt ceiling is breached in 16 days
. [more inside]
posted by Rhaomi
on Oct 1, 2013 -
Earlier today, the leader of Golden Dawn and three deputies were arrested (BBC
) after the neonazi party was declared a criminal organisation. Two more deputies are wanted. The criminal investigation started after the murder of a 34-year-old rapper Pavlos Fyssas
that sparked waves of protests
and a police shakeup
as the ties between Golden Dawn and the police are under investigation. Supporters of the neonazi party knifed a woman
(video interview) the day after the murder of Fyssas and have caused violence against immigrants to skyrocket. The police connects Golden Dawn to 30 such attacks. This map of attacks on migrants
provides more details about separate incidents. Previously: 1 2 3
posted by ersatz
on Sep 28, 2013 -
A Plea for Caution From Russia
My working and personal relationship with President Obama is marked by growing trust. I appreciate this. I carefully studied his address to the nation on Tuesday. And I would rather disagree with a case he made on American exceptionalism, stating that the United States’ policy is “what makes America different. It’s what makes us exceptional.” It is extremely dangerous to encourage people to see themselves as exceptional, whatever the motivation. There are big countries and small countries, rich and poor, those with long democratic traditions and those still finding their way to democracy. Their policies differ, too. We are all different, but when we ask for the Lord’s blessings, we must not forget that God created us equal.
posted by philip-random
on Sep 11, 2013 -
Motivated Numeracy and Enlightened Self-Government.
"Why does public conflict over societal risks persist in the face of compelling and widely accessible scientific evidence? We conducted an experiment to probe two alternative answers: the “Science Comprehension Thesis” (SCT), which identifies defects in the public’s knowledge and reasoning capacities as the source of such controversies; and the “Identity-protective Cognition Thesis” (ICT) which treats cultural conflict as disabling the faculties that members of the public use to make sense of decision-relevant science. [more inside]
posted by escabeche
on Sep 5, 2013 -
This is the majuscule axiom — the maxiom, let us say — for revolution. Revolution is a total thought, a thought of the totality; they are necessarily entangled. Reform, repair, regime change, recuperation: all of these are the politics of the partial, of isolating specific problems as if they admitted of independent solution. Ezra Pound said that the epic is a poem that contains history. What matter that we might amend the last word, a minor amendment at that, a swapping out of inseparable concepts? The epic is the poem that contains totality. [more inside]
posted by whyareyouatriangle
on Sep 4, 2013 -