Open Thread 24-08-2015


Good morning good people



Smile

Monday morning poetry

Black Monday

The long con
the short con
the con

What you gonna do

The con has money
more than you

raising rents to heaven
and JP

Morgan, that is

You know Morgan?

Stanley is his name.

Christ

Know

not this game

no money in Jesus…
anymore
no big money
fold that tent
it’s bent

Spent

salvation
is over

bent grass is in

bend over
putt in the clover

four leaves
you win

clay

quakes

in

Oklahoma.

The Match

Love made me drunck

A hawk and a hacksaw

November

Chinese Circus for the eyes and ears

Hard Times or Stock Market Blues?

The man takes it away

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Comments

smiley7's picture

Hoping your investments are safe and you enjoy the eclectic mix of music I saved this week. Smile

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mimi's picture

show us great stuff, smiley. Thanks.

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mimi's picture

I have to enjoy it later in the day and have to go. But I like to ask some of you very good and well read people here, to consider writing about this morning's section in Democracy Now, in which Amy interviews Lawrence Lessig, who said some important sentences with regards of how go about to change the "slave-owner US constitution" and introduce "equality rights", something that was touched in Joe's essay and Pluto's comment.

It's too early to have clipped videos on youtube or transcript, but I hope someone sees some good points in Lessig's ideas and plans.

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mimi's picture

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smiley7's picture

thanks for the DN heads-up. Glad you enjoyed; as they say here in the Appalachians, "appreciate you."

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joe shikspack's picture

is that pronounced 'preshee-ate-cha? in the appalachians like it is on maryland's eastern shore? B)

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smiley7's picture

Sounds spot on, Joe. Living in diphthong heaven. Smile

Great essay btw, just read and left you a comment. http://caucus99percent.com/content/interrupting-1-percents-5-billion-dol...

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mimi's picture

somewhat doubtful about his plan and what he says. Sounds more he made the push to get to his 1 million dollar ceiling he needs to achieve. And of course I am not really sure what the difference of a statute is from an amendment and why a statute would mean he achieves his goal faster. And how to get a mandate, which would achieve what?

Every important issue gets tied to the way we are finding these campaigns, this inequality. And what I’ve said is, until we address that first, all of these other things that people are talking about, things that excite us, things that especially excite us progressives, all of them are a fantasy. And we’ve got to stop with the fantasy politics and address the reality that we have to fix our democracy if we’re going to have a democracy that works.

AMY GOODMAN: So how do you do it? And how do you deal with money being equated with free speech?

...

LAWRENCE LESSIG: Well, the reforms that I’ve proposed, in what we’re calling the Citizen Equality Act, do not trigger any of the concerns the Supreme Court has talked about. What the Supreme Court has said is you can’t be restricting speech. So the step, the first step, that we’re describing is a way to dilute that incredible concentration of funders.
...
And so, what we need is a mandate strong enough to get that first step. And what I’ve said is that none of the other candidates, even if they’re talking about the right issues, which I think only Bernie and Martin O’Malley are even getting close to talking about the right issues—even if they’re talking about it, they can’t begin to describe a process, a plan for them to have the mandate to actually get this enacted. They have a great plan for getting elected, but they don’t have a plan for actually getting us a democracy back.

...

AMY GOODMAN: How would you do it, if you were elected?

LAWRENCE LESSIG: So if I were elected, what I’ve said is I would serve only until we passed this thing we’ve called the Citizen Equality Act, which would establish citizen-funded elections, number one. Number two, it would end the political gerrymandering that creates an incredible disempowerment for a vast number of Americans because of the way we design districts. And number three, it would end the ridiculous systems that try to disempower or disable people from being able to vote. That would get us the first steps of a democracy back. And when that’s passed, I would resign. And the vice president, the elected vice president, would become president.

hmm... he talks about giving vouchers to citizen they could use to fund elections? Couldn't there be a system, by which every citizen had to pay a tiny amount, like a dollar or two, into a campaign finance fund via their taxes and that's it?

I got once confused with this guy Lawrence Lessig, so I am trying to figure out what I don't understand this time around.

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Pluto's Republic's picture

…in the Library of Congress that compares campaign laws of various developed nations.

It's not exhaustive, but it describes all the different restrictions countries use to keep elections fair and democracy real — including spending limits, limits on TV advertising, strict limits on the length of campaigns, disclosure laws, and public finance mandates.

But first there is an important filter that determines how vulnerable governments are to election corruption and inequality. The filter asks what kind of representation do the people have?

Parliamentary and coalition governments with multiple parties make corruption and inequality, and lying misinformation and slander, very difficult and pointless. The people's representation is very broad and nuanced. Nearly all of the top developed nations of the world have a parliamentary democracy.

The US has a government where the Presidency is independent of legislature. The lack of parties makes people's representation highly unlikely, and the 2-party binary system is the most easily corruptible.

This Wikipedia Charts shows the other nations of the world with a government like the US. Many of them are among the poorest and most authoritarian in the world.

Coincidently, Turkish President Erdoğan, who seeks a strong-man authoritarian government for himself, just today called a snap election asking the Turkish people to get rid of their parliamentary system. He wants a binary government identical to Nigeria's, Yemen's, Venezuela's, or the United States' — so he can become an authoritarian and autonomous President and clamp down on coalitions and widespread representation of the people, which he says prevents the manifestation of his Neocon "vision" for the future. Project for a New Turkish Century.

So, unless you have the right kind of representational democracy, campaign laws are useless.

http://politics.bgnnews.com/president-calls-snap-election-for-first-time...

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smiley7's picture

good point, most countries formed after 1776, did not follow our republic in a three-tired constitutional government, preferring a parliamentary arrangement. I don't blame them. In simplicity, takes us forever to turn our sinking ship around.

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Pluto's Republic's picture

Basically, its a nerdy subject that interests me, in particular. I like sleuthing out the very beginnings of change or underlying systems that make change impossible.

All nations of the world have constitutions modern enough to be responsive to the conditions of the 21st century. Except for the US antiquity, which was written on a sheep's ass. Constitutions are rewritten and updated all the time. There's a world-class best-practices system for doing so.

Here's a list:

https://en.wikipedia.org/wiki/List_of_national_constitutions

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smiley7's picture

writers I followed on dkos, great to see you here!

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Pluto's Republic's picture

You were an enigma over there. Impossible to pin down. I envisioned you as an interesting, quasi-dangerous, leather-clad anarchist.

I have learned much since I've been here. Heh.

Smaller but lively blogs are real communities; the rare gems of the Internet.

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gulfgal98's picture

That the United States has the oldest constitution of all the countries listed, except for tiny San Marino, a micro state located in northern Italy. Maybe it is way past time for a new constitutional convention.

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Do I hear the sound of guillotines being constructed?

“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy

gulfgal98's picture

I always appreciate your Open Threads. You give us something very different each week. I love the poem this week. Good

I just learned yesterday that I will not be attending the big dkos Asheville meetup either. I knew we were going to be entertaining company some time in September and that is the weekend that they will be arriving.

We have been having some very lovely weather here in our little bit of heaven in the Appalachians. We are heading into my favorite time of the year. Smile

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Do I hear the sound of guillotines being constructed?

“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy

smiley7's picture

Joe's got me thinking this morning. How can we push the emergency of a police state run wild without taking it to the Capitol and WH that's funding the mercenary, gun happy, boys in blue. Hell, our police are trained in Israel and "mowing the lawn" is no longer a simile reserved for Gaza?

Glad you enjoyed the poem, I worked hard on this one. Been raining every day here for more than a week. And yes to Fall coming and the splendor these old mountains treat us to; plus for we skiers, the hint is that downhill isn't far away.

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hecate's picture

Gamblers are clogging the tubes, shrieking about money.

You call it loud
But the human crowd
Doesn't mean shit to a tree

It's on: the cats are taking the money.

[video:https://www.youtube.com/watch?v=t2vpVskyiRU]

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smiley7's picture

Thanks for the fun post and good morning hecate. LOL Smile

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DOW was down over 1,000 points before recovering most of it.
It's still going to be ugly today.
flash.gif

The S&P 500 was halted for the first time in its history.

After suffering the worst week in four years, trading in S&P 500 index futures and Dow Jones futures hit the circuit breaker and have been halted.
The New York Stock Exchange on Monday invoked the rarely used "Rule 48" on market volatility to ease market opening.
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smiley7's picture

I understand they don't lock windows on Wall Street anymore; knowing that a government bailout will back them up.

On a personal note, i recall slaving away in a tuxedo serving multiple martinis and slabs of meat to lunching gamblers as hecate notes above. Also briefly sold art in a gallery there, but eased my way out when I realized that the same signed print I sold the week before reappeared on the gallery wall. The owner actually made it to Sixty Minutes some years later.

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but with a couple exceptions.

In 1998, the east Asian currency crisis happened. Suddenly 20% of the global population was plunged into poverty.
This caused a final wash-out crash in commodities.
There was also a serious, but short correction in the NY stock market.

Today commodities are crashing again, and they are doing it from China.
There are a couple differences this time.
1) in 1998, the Fed had a normal, healthy interest rate policy. Today it is still an emergency ZIRP.
2) in 1998, the retail investor was all in. Today the retail investor doesn't trust the markets because they are rigged and market liquidity is minimal, which means all corrections will be sharper.

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smiley7's picture

of the market to c99; do you by chance know who is shorting the market in a big way? That could be telling.

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People can trade in and out of the market in a flash. Big traders usually have both longs and shorts.

I personally have both longs and shorts. Unlike last year, I am very well positioned for this. But I'm obviously not a "big trader".

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smiley7's picture

the special conduit built between Chicago and Wall Street for the purpose of dealing in a flash; but I'm a novice about the market, dependent upon good sources to steer the way. I am concerned about the Euro, just looked and its holding steady against the dollar; we purchased Euro months ago when it dived and will be off to Europe in less than a month; that's the only skin I have in the game, very small potatoes.

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Pluto's Republic's picture

…you'll be fine. The Euro is incredibly cheap.

Why not buy an Italian farmhouse while you're there? Prices have never been lower for those with Dollars.

(Contained herein is a hedging strategy.)

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smiley7's picture

Wow, good dream that...but where, Lake Como, Monterosso, the Alps or Venice. Do they have farmhouses in Venice?

The Hill country. Hum.

Cheers for the thought, but I'm in hock, paying my portion of the trip.

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Pluto's Republic's picture

Buy an apartment in Venice. I'll rent it from you when you're not using it.

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smiley7's picture

http://www.alpontemocenigo.com/

Walter and Sandro, fantastic hosts, perfectly situated. Can't wait, my friend, returning to restaurants to die for off the beaten path.

You got a deal; as Johnny might say, go ahead and forward the first year's rent. Smile

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Pluto's Republic's picture

AirBnB?

It's a fascinating way to travel.

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smiley7's picture

We do have apts. in Madrid, Chambery and Rome.

And, sometimes, a hotel or B&B is better for utility and camaraderie. All depends on the place and your goal. For instance, I booked a hotel in Arles, France,
not because of its good reputation but principally because we will be able to look out our window on the Rhone and see where van Gogh placed his easel to paint "Starry Nights."

I attempt to weigh the fellow travelers' opinions and the back and forth pm emails from blogs/sites: Rick Steves, Seat 61, NYT, The Guardian, tripadvisor, Michelin, Fodor's and others.

Weeks of searching for the right place at times, exhaustive searching; looking for value and location, say that again, location. Then for the unique, Boutique B&B's/hotels and so on.

I can attest to this; for value, take a step up from Rick Steves and a step down from NYT's 5-star recommendations.

Half the fun is the planning with the exception of booking train travel, that's a detailed nightmare of multiple companies and prices, trains not traveling on Tuesday or Saturday or you can't get there from here, headaches.

But what the heck, when I was young, i stuck my thumb out and did Europe on $5-a-day.

Thanks for asking; boy I hope I don't bury y'all with my trip over the next few weeks; I'm more than excited and stressed and longing and...you know.

Cheers.

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hecate's picture

farmhouse in Venice on the gondola is Real.

[video:https://www.youtube.com/watch?v=QIDwK0mJPFs]

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smiley7's picture

google does not help me find gondola children, link please, this is beautiful, can I meet these children in Venice? What can i do?

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hecate's picture

is all and every absolute magic town, in any and all shimmering everywhere; and those beautiful children, are all children, beautiful, everywhere; and the way to reach them, magic, beautiful, everywhere; in all town, country, children; is, any, always, all ways, every way: through, in and only, Sweet Thing.

[video:https://www.youtube.com/watch?v=Be3OkvBZaIY]

All the borders: now gone. The colonialized people now rushing into the countries of those who did, once upon a crime, colonize them.

We are in the era, now, of the wisdom of Bulworth: "just keep fucking each other." And therein all will be all right. And all the colors mixed into one. Brown. And so those little sampan babies, in the video, soon enough, will be aboard—sailing singing, free—Venetian gondolas.

So let it be written. So let it be done.

"Sweet Thing," meanwhile, better known as: her name is G.

[video:https://www.youtube.com/watch?v=Xi2EgyZo2Pw]

/

[video:https://www.youtube.com/watch?v=0KCwU05DAHU]

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smiley7's picture

up the hill a little was my long-time home in LA, among a few other neighborhoods. Are Gondola children there, my friend? What are you trying to say? I'm old and missing a beat here. xsplain, please.

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hecate's picture

First note that my initial post nowhere referenced "gondola children." And then explain to me what "gondola children" means to you.

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smiley7's picture

initial post in this thread was surprising to me, no biggie; just wondering what are you trying to convey this evening?

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hecate's picture

initial post—the farmhouse in Venice on the gondola is Real—seems to me to speak for itself.

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smiley7's picture

its own space, like a diary. I thought you were directing something personal at me.

"Metaphors displaced, in the chase, don't play words with me and expect to win." Read that somewhere, can't recall the casino, right now.

Maybe, it was the seven no-trump bid?

Anyways, peace good writer and fellow c99er.

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hecate's picture

and the other 'Merican 1percenters were up there in that thread flashing your Americaness around, making a comfortable place for yourselves, in an expat place, with all your yammering about renting, buying, switching, sharing: overseas. That what you sensitive in "personal" about?

; )

I don't give a shit. I'd be you; if I could be you. But I'm not. But $22,000, the total reported income, of me, in any one year. That's me. And I'm happy in what I am. Though if next year $155,000 came in, I'd be happy with that too.

Though, you know. I wouldn't. Really.

Because I am not of, and am all of, you people. And I am not of, and am all of, your earth.

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smiley7's picture

share, this evening. Took a little work to get the truth. My income last year was half yours as was the year before and the year before and....

I'm a hippie, friend. The real deal, I hope, living simply.

Europe is a splurge of lifetime proportion.

Let's not digress anymore. Sorry for my wit. I understand where you are coming from, now.

Sending love.

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hecate's picture

that isn't what I wanted to convey. I wanted to convey that the farmhouse in Venice on the gondola is Real. ; )

Love right back. Sincerely.

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They've managed to regain most of the losses, so today won't be Black Monday (barring a late day slump).

However, I couldn't help but notice what is happening in the energy markets. Crude oil is down nearly 5%.
That's going to kill the emerging markets. This sell-off isn't over by a long shot.

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hecate's picture

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Big Al's picture

the stock market.

What is it anyway? It's like a giant casino where people gamble their money but the house always wins in the end.

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hecate's picture

terminally medicated goofus Uncle Ben Carson, having decided he could serve as VP on a ticket with The Hairball, is sucking up to the Master by suggesting the US should bomb Mexico.

Uncle Ben also said he once supported abortion, but then he looked through a Special Machine at the lady parts of women, and thereby determined that abortion was just like slavery, because he saw there in the lady parts the poor little feti, bound in chains, forced to pick uterine cotton all day.

Then Uncle Ben declared Obama to be an anti-semite, based on Obama's speech outlining the Iran accord, which Uncle Ben has determined was "replete with coded innuendos employing standard anti-Semitic themes."

See, Uncle Ben has a new, improved definition of anti-semitism. "Anything is anti-Semitic that is against the survival of a state that is surrounded by enemies and by people who want to destroy them, " decreed the shamelessly ignorant idjit. "And to sort of ignore that and to act like everything is normal there and that these people are paranoid, I think that’s anti-Semitic."

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smiley7's picture

Don't think I'll eat rice today.:)

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hecate's picture

Not at all good for you. ; )

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mimi's picture

so Uncle Ben can go to hell or stop producing Uncle Ben's rice.

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Yemen

Last Monday, officials from Yemen’s pro-Saudi “government-in-exile” declared the southern port city of Aden to be their temporary capital, with the plan for it to be the nation’s capital for the next five years while Saudi-led forces retake the rest of the country.
Pro-Saudi officials had been hyping the capture of Aden from the Shi’ite Houthis for weeks as a major shift in the war, but as they try to press their offensive, al-Qaeda in the Arabian Peninsula (AQAP) seems to be coming in through the back door, and now controls parts of Aden.

Interestingly, there was no sign the pro-Saudi forces were resisting in any serious way, and no signs of major battles inside Aden. Rather, locals said self-described al-Qaeda forces were patrolling the streets of western Aden with impunity, and had raised the AQAP flag over several government buildings, including the port complex itself.

AQAP had already benefitted materially from the Saudi war in Yemen, seizing the port of Mukalla further down the shore. Taking Aden would be a real game-changer, however, as it would be by far the biggest city in al-Qaeda’s possession anywhere in the world, giving them a PR victory akin to that ISIS enjoyed when it captured the huge Iraqi of Mosul.

Just a reminder: we are on Saudi Arabia's side here.

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gulfgal98's picture

that most Americans would rather not know about. We are always on the side of war. Stop Bomb

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Do I hear the sound of guillotines being constructed?

“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy

triv33's picture

Small rant. As some of you may know, I have this huge Snowden facebook page that Edger and I used to run together, but when he died he left it to me. You would think that not wanting to be spied on is one issue that people, no matter what party or ideology they come from, could rally together on. Yet half the week I feel like I'm banging my head against a brick wall. From the people who just want to post about how Sandy Hook was a "false flag" to the spammers selling unglasses to the fanboys who want Ed for President...ugh. It wears a person down. And now we're getting into the candidate posts. Some of it's just straight up embarrassing.

Still- I can't quit. I promised Edger, and it is important. I have some really great contributors there too, who have their eye on the ball. But if the past week is any indication the election season is going to be crazy.

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I shave my legs with Occam's Razor~

mimi's picture

and are not familiar with you and Edger. Do you mind to point me to your facebook page or give some background on yourself I have missed out on? Per message if you prefer? Thank you.

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triv33's picture

https://www.facebook.com/groups/edwardsnowdensupporters/

I believe we're the largest on facebook, maybe. Not that that matters that much, but we have over 15,000 members. For me, the fight now is to try to restore our right to privacy in our personal communications.

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I shave my legs with Occam's Razor~

mimi's picture

of your older diaries on dailykos, which I had never read, including the What's Happening series. I think my reading on dailykos was very selective and dependent on time. I also missed the EB for a long, long time, if you can imagine. Somehow I never read between 6 pm and 9pm (worked too long hours and more hours of communte and following errands), as well not in the early morning hours. During my working hours I had dailykos window open, and tried to scan as much as I could, but just scan reading. So, I missed a lot, probably a lot of bad stuff too... Smile

Like smiley I refused to use facebook. Have an account, but didn't use it. I like to boycott facebook, but know that I probably have to give in to read some facebook pages.

Yours is definitely one I like to read. Thanks for the info. Are you on twitter too?

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triv33's picture

but it's just to follow my friends, to build up their followers. I don't feel that twitter is a good medium, maybe good to twit a link, but 140 characters? Is that what we're coming to? That's just sad.

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I shave my legs with Occam's Razor~

gulfgal98's picture

I also have a Twitter account, but not so much for me to send tweets. The real value that I have found in Twitter is that it is like a headline news site. It allows me to follow the news sources that I prefer and get the latest updates early on. It is a good tracking mechanism for the latest news.

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Do I hear the sound of guillotines being constructed?

“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy

mimi's picture

only other people's articles, essays and diaries. The only supportive thingy I can do, as I can't write something on my own that would be up to standard in content and style.

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smiley7's picture

Thanks for sharing; unfortunately, I don't do Facebook, so I can't follow along. Sounds like a big and worthy project. I can appreciate the troubles trolls and idiots can cause, however.
Please rant with us, anytime;
keep on trucking and all the best vibes to you.

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triv33's picture

If anything worthwhile gets posted I'll drag a link over here now that I'm coming by regularly.

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I shave my legs with Occam's Razor~

smiley7's picture

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shaharazade's picture

your Snowden fb page. I love it. I have not been on fb. very much lately as I'm working and it's too much of a time suck hole once I open it. I was impressed as the Snowden groups participants seemed saner then most fb. groups. Sorry to hear your having problems. I belong to another group on fb. called Stop Demolishing Portland and I noticed that as it grew it got more trolls and they seem quite professional as far as trolls go. Realtor's developers or just organized hipster yuppies who like 'growth' on steroids? Who knows. Your doing a good job triv and I realize it's a hard job to keep any group that starts getting attention on course.

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triv33's picture

Now I do. I still let people of all parties and ideologies in, but not if I see hate, racism, CT bullshit or outright lunacy on their page. Trolls don't last, people who harass and are ignorant to other members don't last, self-promoters don't last. Some crap gets in overnight, but I do have to sleep sometime. I plan to keep going until there's no longer a need for it, so I'm guessing that means forever...lol.

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I shave my legs with Occam's Razor~

gulfgal98's picture

I did not know that you were the one who started it. You do a great job with it! Good

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Do I hear the sound of guillotines being constructed?

“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy

triv33's picture

I was by his side from day one, and I try my best to keep running it the same way as we did together. He told me I could do as I pleased with it...it pleases me to think that he'd be happy to see that his rules still stand and we carry on.

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I shave my legs with Occam's Razor~

Unabashed Liberal's picture

(again) for a lovely and enjoyable OT! I will have to mostly lurk for a while due to family matters, but always very much look forward to your OT's (especially the lovely music).

Have a good one, All!

Mollie


"The best and most beautiful things in the world cannot be seen or even touched. They must be felt with the heart."--Helen Keller

"Every time I lose a dog, he takes a piece of my heart. Every new dog gifts me with a piece of his. Someday, my heart will be total dog, and maybe then I will be just as generous, loving, and forgiving."--Author Unknown

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Everyone thinks they have the best dog, and none of them are wrong.

smiley7's picture

always look forward to seeing your posts as well. I'm really busy, trip planning, the minutia; it's mind-boggling details. c99 is a respite. Smile

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Shahryar's picture

http://www.washingtonpost.com/news/post-politics/wp/2015/08/24/top-democ...

My first thought was of how Bernie's challenge to Hillary is like McCarthy's to Johnson and that Biden's entry would be analogous to Bobby Kennedy jumping in which angered the McCarthy people.

But, reconsidering, it would be more like Humphrey becoming a candidate after Johnson announced he wouldn't run again.

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smiley7's picture

Biden's running; a mystery to me unless the plan is to take Bernie out at the convention by joining hands with Clinton, otherwise I don't see why?

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gulfgal98's picture

I think a lot of the muckety mucks at DNC are very worried about Clinton imploding. Let's face it, even if you support her, she is a terrible campaigner. With the added problem of the emails and her private server, she is barely treading water. The big problem for the muckety mucks is Bernie. Who could have predicted among those ensconced in the beltway bubble that a grumpy, rumpled old Senator from the second smallest state in the union would become the equivalent of a rock star on the campaign trail? I think they are really worried. Right now they have a candidate who continues to cloister herself away from the public because every time she opens her mouth, her foot seems to make its way in. They are heavily invested in maintaining the insider status quo and if their first choice continues to lose ground at the rate she has recently, they may just go for good ole uncle Joe.

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Do I hear the sound of guillotines being constructed?

“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy

smiley7's picture

did you happen to catch the long lens paparazzi photo of her and Bill walking on the beach at the Vineyard, https://www.google.com/search?q=photo+of+hillary+Clinton+on+the+beach+at...

Strange and telling costumes of she and Bill from a theatre point of view.

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Pluto's Republic's picture

Thanks for sending me down that rabbit hole.

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still doesn't get my vote.

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smiley7's picture

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