Financial crisis: NOT fixed

Have we "fixed" the problem that lead to the financial collapse of the U.S.? Not at all, according this article in Bloomberg.

Joseph Stiglitz, the Nobel Prize- winning economist, said the U.S. has failed to fix the underlying problems of its banking system after the credit crunch and the collapse of Lehman Brothers Holdings Inc. “In the U.S. and many other countries, the too-big-to-fail banks have become even bigger,” Stiglitz said in an interview today in Paris. “The problems are worse than they were in 2007 before the crisis.”

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Snoring: The Upshot

Google "snoring" and you'll get a flood of how-to advice on how not to, and a lot of reasons to stop. Not surprisingly, the majority of links recalled were advertisements for devices, medications, surgical maneuvers, and their purveyors. In today's pharm-centered universe, the vibration caused by air traveling through our airways has been pathologized and vilified as the destroyer of otherwise sound relationships. Not only is it bad for your love life. Snoring is deadly! According to snoring alarmists, snorers who have the audacity to continue sleeping noisily can look forward to myriad cardiovascular disorders including heart attacks, atherosclerosis, and stroke, marital and erectile dysfunction (chicken-or-the-egg?), drowsiness, lack of focus and...Zzzzzzzzz. Admittedly, I'm no doctor, but let me suggest that there are some positive effects of snoring (besides the possibility that it keeps you healthy by means of temporary asphyxiation). It's a much cheaper and more effective method of subjecting those around you to intense jealousy ("Please, please, make him stop so I can lose consciousness ASAP") than, say, buying a pair of Jimmy Choos. Then again, I don't usually begrudge those masochists the pain of walking around... But I digress. If you would rather not invest in a medical solution, you could try banishing the banshee by learning a new instrument. You guessed it: the Didgideroo! Ah, it's time for bed. Maybe the lumbering Saint Bernard downstairs will give it a rest so I can, too.

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Scalia’s thought process: “Well, he probably did something else wrong anyway.”

Way back in 1989, I happened to be watching Episode Two of a PBS series entitled "Ethics in America." It was a terrific 10-part series that considered compelling topics in ethics. Supreme Court Justice Antonin Scalia was a participant in Episode Two. You can see all of the episodes, including Episode Two here (click on the little "VoD" button next to Episode 2). You might be wondering how I could possibly remember a particular comment from a particular episode from 20 years ago. I do remember: it was burned into my memory because it was so utterly bizarre. At about the 31-minute mark, the moderator (Charles Ogletree, Jr.) posed a hypothetical. What if you were an attorney and your client told you that he committed a murder a couple years ago? The clear answer is that the attorney-client privilege protects that admission; if you were that man's attorney, you could not tell anyone else what your client told you in the course of your consultation with him. Things got much more interesting, as the moderator elaborated on the hypothetical. Assume that your client tells you that after he committed the murder, the police erroneously arrested the wrong man. Further, assume that man has been found guilty by a jury and he is scheduled to be executed. As the attorney, what can you do to protect the life of an innocent man who is about to be executed for a crime committed by your own client who is confessing his guilt to you? This is a tough issue, right? At the moment where the moderator indicated that the innocent man was about to be executed for a crime he didn't commit, Justice Scalia spoke up: "Well, he probably did something else wrong anyway." You can see and hear this statement for yourself at 31:50 in the video. Although I'm certain that Justice Scalia would claim that his utterance was a "joke," (after all, other participants laughed), it makes you wonder, especially in light of a recent case decided by the United States Supreme Court, In re Davis.

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On Church and State and Stuff

In the USA today, there is a small but highly vocal (some would even say “strident”) movement dedicated to enshrining certain of their religious values in the laws and Constitution of their nation. Many of this movement proclaim that the Constitution and the laws of the United States are already this way; that the law of the land is based on Judeo-Christian principles and that separation of church and state is an illusion, never happened and even if it did happen was never intended by the founders of the nation and is some kind of liberal invention designed to make the US more vulnerable to suitcase bombs, atheist summer camps and movies about Charles Darwin which don't paint him as the eugenicist spiritual father of Hitler. This is, of course, in stark contrast to the reality of the situation: the Constitution makes no mention of God, Jesus or the Bible (except for a nameless “Creator”); the Constitution itself proclaims that “no religious test” shall ever be required for a citizen to hold public office and that Congress shall “make no law” either establishing a religion or restricting the right of a citizen to worship as they please (as atheists hadn’t been invented yet, noone thought to include “the right to not be religious”, but it’s assumed, probably safely, that freedom of religion means, or should mean, freedom from it as well). It is also well-recognised that the Founders were framing the establishment of the new nation to be a shiny, free, glorious example of the humanist, rational values of the Enlightenment, the new Age of Reason which was making its presence felt across Europe in the 18th century. Some scholars speculate (compellingly) that Constitution chief architect Thomas Jefferson and many of his ilk, far from being Christians of any flavour, were even deists – but I must point out that their religious beliefs are irrelevant to their democratic intent and rationalist stance, which I suspect was meant to be the whole point. Many dominionists in the US have argued against this alleged separation, pointing to the “One Nation under God” line in the Pledge of Obedience Allegiance. Leaving aside the odd ritual of swearing fealty to a flag, that little line used to read “One nation, indivisible,” until religious pressure forced the addition of the “under God” bit. How about “In God We Trust”, which appears on US currency? That was added in the 1950s during McCarthyist hysteria as a counter to alleged “godless” communism (a political hysteria peculiar to the US which persists no less strongly today, as evidenced by the bizarre behaviour of the tea-baggers, birthers, deathers and other assorted pithy signwriters who, in textbook Pavlovian manner, protest anything President Obama does, be it being black or making a harmlessly dull “kids, do your homework” speech on TV and who refuse to nail down exactly which particular political evil – fascism, socialism, communism, anarcho–syndicalism - Barry O allegedly wishes to impose on them by trying to make sure they can see a doctor without selling a kidney first, the heartless bastard).

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