For one Republican, reason prevails.

I'm sorry to say that this reasonable approach to Muslims shown by Jersey Governor Chris Christie (i.e., the lack of bigotry) is all too rare among Republicans. Lawrence O'Donnell reports:

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Christie's words shouldn't be inspirational, but they are in this climate of Republican bigotry.

Continue ReadingFor one Republican, reason prevails.

How to Listen

Author Julian Treasure points to a ubiquitous problem: We are losing our ability to listen, which means that we are losing our ability to connect to our world and to understand one another. He offers us five hints for better listening skills: 1. Spend three minutes a day in silence, to reset your ears. 2. In noisy places, focus on how many channels of sound are you listening to? 3. Savoring. Enjoy mundane sounds, like the the sound of machinery--they are "hidden choirs." 4. Change your listening position to what you are listening to. Active/Passive, or Critical/Empathic. 5. Use the acronym RASA: Receive, Appreciate, Summarize, Ask.

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Insider Trading Writ Large

Imagine, if you will, a country in which banking regulations were stripped down so far that worthless paper again becomes a hot commodity. Now consider that this had (as it inevitably must) blown up and caused a crash in the lending market and equities market and thus the economy in general. Further note that a necessary result would be a rapid rise in the price of precious metals, notably gold. After a couple of years, that gold bubble would be ripe. People who had assets remaining when the junk bonds or sub-prime mortgages or whatever collapsed could have conservatively moved their money into gold, further depressing the equities market and inflating the price of gold. But, wait. Because of government investing, the market was recovering too fast! So fast that the wealthy were unable to swap their inflated gold for depressed stocks at the optimum time. What to do? Congress to the rescue! The wholly owned carriers of the banners of freedom and independence could be employed to create a palpably unnecessary crisis with a distinct deadline. Yes! This would quickly depress the markets and allow those holding too much bubble-gold to buy depressed stocks. Meanwhile, those elected to carry the load of screwing the middle class could also jump on the wagon and buy up stocks just before the deadline hits. Then the price of stocks returns to normal levels, and the gold bubble can be allowed to pop. I, for one, would like to see the trading histories of all those involved in the current crisis, and their friends and kin.

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