Putting the bank “bailout” in perspective

Robert Sheer has crunched some big numbers and shared them at TruthDig:

The good news on the government’s “No Banker Left Behind” program is that, according to the special inspector general’s report on Tuesday, the total handout to date is still less than 3 trillion dollars. It’s only $2.98 trillion, to be precise, an amount six times greater than will be spent by federal, state and local governments this year on educating the 50 million American children in elementary and secondary schools. The bad news is that even greater amounts of money are to be thrown down what has to be the world record for rat holes...

Now Summers and the other finance gurus who move so easily from Wall Street to Pennsylvania Avenue assure us that those professionals who made the toxic swap deals are too big to fail and must be entrusted with 3 trillion of our dollars to save themselves from disaster. And thanks to the laws they wrote, the bankers are likely to be covered for their socially destructive behavior by a get-out-of-jail-free card.

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Chinks II: Food Stamps

Which reminds me: I was getting a pedicure. I know, so decadent (for a poverty lawyer, teehee), but I was, in this Vietnamese joint, tiny like a hallway lined with big massage chairs. A dangerously overweight, black woman walked in. No, she lumbered in with her handbag at her side, looking tired of lumbering. Titters from the nail-doers. Manicurists, I guess. They’d noticed her too: first the weight, then the skin color. Or perhaps I’m projecting. In any case, they beckoned her to a chair, malignant smiles aglow like jack-o-lanterns, and she quietly succumbed to the growing twitters, over-generous, nonsensical verbal massaging, and I cringed. I cringed visibly. I said nothing. They asked her if she exercised often. They asked if she had a job. For many years, she said. Yes. “Food stamps? Are you on food stamps?” they asked. No, she said quietly. She was not receiving food stamps, and had never, in her life, benefited from food stamps. By now, she'd noticed me staring. I was. I was staring at her - and with her- at us in these ridiculous chairs, prisoners of racists. I could tell the woman picking at my toenails to give it a rest, put my shoes on, pay the bill, tell them all off and leave. Or I could sit there quietly and smile sympathetically at this dangerously overweight black woman who knew, I hoped, that I knew that I was a coward. She smiled at me.

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Chinks I

I got called a Chink today. The last time I remember being called a Chink, I was an 8 year-old in a fading blue one-piece swimsuit at the Boys ‘n Girls Club in Mt. Kisco, NY. In the shallow end. I don’t remember what I did to raise the hackles of Bully, a short blond chubby boy whose name’s been redacted by my neurons. All I remember is that I was dazed and confused when I first heard the word. I looked into his eyes and saw derision - I knew not of what or why - and a lonely, boiling soup of mysterious inadequacy rose in my belly. I wasn’t angry at Bully. I just didn’t understand why he was angry with me. In an effort to understand what had just happened, I told my swimming instructor what he’d called me. I knew it was bad. Perhaps her intervention would reveal what it meant. Denise (sister to Dennis, also a swimming instructor - thank you, neurons) told me to ignore him or said something equally dismissive. I swam back into line on my back (this I remember too), trying to align my body with the rafters through puddly tears and swallowing gobs of phlegm. Maybe I felt anger then. Maybe I briefly flipped onto my stomach to catch my breath and hold in the soup that had turned into boiling bitterness. I remember it now. I can feel the same, helpless, indignant outrage or I can hold it at bay. That’s why I didn’t tell Jin that we’d been called Chinks today, in the bible-belt, by a convertible-driving Catholic School boy: me in my skirt suit with briefcase in tow (saving the poor) and she, a new J.D. with intolerance only for American fast food. I choose to feel nothing.

Continue ReadingChinks I

Scandinatheists? Maybe not so much

Ah, those blessed Scandinavians. Reputedly cool, calm, collected, rather good race drivers and, it would seem, not really that concerned about gods one way or the other. During my time observing and participating in discussions about religion and its public role over the last few years, Scandinavia has often been held up as a bastion of faithless virtue, a shining beacon of godless goodness, a prime example of what can be accomplished on a transnational scale without referring to scripture but merely concentrating on what works for the populace. Atheist/secularist/humanist commentators often to point to Scandinavian social successes (for example low unemployment, high standards of living, functioning democracies, effective public health care & education) as evidence against the claims of many religious people that if we in the West abandoned our "Judeo-Christian" values or kept our church & state separate, our nations would all fall, unrestricted by fears of celestial surveillance, into a grimy, black crevass of murder, pillage and hedonism (one could argue that the US in the last eight years has fallen into an economic & diplomatic hole of a similar depth, led by a very religious man who was happy to pander to very religious people for his entire reign, but that's a whole other article). According to a recent New York Times article by Peter Steinfel on a study by Californian sociologist Phil Zuckerman (here), it seems that far from there being only two sides to the god coin, the Scandinavians, almost characteristically, have ended up on a third side. And here it is: They don't care.

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Richard Nisbett: Intelligence mostly varies due to the environment, not genes

The dominant hereditarian view of intelligence holds that intelligence is mostly fixed by the genes. Richard Nisbett has dismantled the evidence on which the hereditarian theory is based. In his new book, Intelligence and How to Get It, Nesbitt argues that the twin studies on which the hereditarian view is based are deeply flawed. The main problem is that the adoptive homes in which those separated twins often find themselves are uniformly enriched learning environments. Nisbett's book was reviewed by Jim Holt of the NYT Book Review:

Nisbett bridles at the hereditarian claim that I.Q. is 75 to 85 percent heritable; the real figure, he thinks, is less than 50 percent. Estimates come from comparing the I.Q.’s of blood relatives — identical twins, fraternal twins, siblings — growing up in different adoptive families. But there is a snare here. As Nisbett observes, “adoptive families, like Tolstoy’s happy families, are all alike.” Not only are they more affluent than average, they also tend to give children lots of cognitive stimulation. Thus data from them yield erroneously high estimates of I.Q. heritability. (Think: if we all grew up in exactly the same environment, I.Q. differences would appear to be 100 percent genetic.) This underscores an important point: there is no fixed value for heritability. The notion makes sense only relative to a population. Heritability of I.Q. is higher for upper-class families than for lower-class families, because lower-class families provide a wider range of cognitive environments, from terrible to pretty good.

What does Nisbett's book have to say about race and intelligence? That the differences among the "races" are not genetic. Evidence in point: The "racial" IQ gap has been shrinking. "Over the last 30 years, the measured I.Q. difference between black and white 12-year-olds has dropped from 15 points to 9.5 points."

Continue ReadingRichard Nisbett: Intelligence mostly varies due to the environment, not genes