Morning Links

Friday, September 19th, 2008
  • U.S. government may lose its AAA rating. Who will be the first politician to question S&P’s patriotism should they decide to downgrade? Also, will the government go broke? Nah. They’ll just print more money!
  • Oregon man sues for the right to videotape the police. Good for him.
  • Georgia once again nears an execution date for convicted cop killer Troy Davis, a guy who may well be innocent.
  • “Conservapedia” chooses an interesting photo for its entry on the word evolution.
  • The Economist looks at how difficult it is to fire a longtime employee in a sampling of countries.
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  • 24 Responses to “Morning Links”

    1. #1 |  The Other Jeff | 

      $100 and a written policy. I like that suit.

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    2. #2 |  Highway | 

      Portland police spokesman Sgt. Brian Schmautz said he believes the public doesn’t have a right to record officers’ conversations – on or off the job – without their consent.

      “Just because somebody is a police officer doesn’t mean they give up their rights,” Schmautz said.

      I hope the court finds this guy completely wrong. It’ll just get worse unless there is a clear, unambiguous decision in favor of Mr. Tabor.

      Add karma Subtract karma  +11
    3. #3 |  Eric Hanneken | 

      U.S. government may lose its AAA rating.

      Maybe the SEC will forbid anyone to denigrate the government’s creditworthiness. That should solve the problem.

      Add karma Subtract karma  +4
    4. #4 |  ktc2 | 

      “Conservapedia” LOL.

      What a load of BS, and outright lies.

      How about FlatEarthaPedia?

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    5. #5 |  roy | 

      Conservapedia used to feature a picture of Jesus riding a dinosaur, but I don’t see it now.

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    6. #6 |  Mike Leatherwood | 

      I assume the Economist was looking at labor laws?
      There are always costs involved in sacking a worker, especially a tenured worker, even more so if it is middle or upper management person. Lawsuits and legal costs, admin costs, union issues and guarantees, costs to find replacements if necessary, and various golden parachutes get in the way. So, I am confused when it says nil for the US.

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    7. #7 |  Scooby | 

      Ten-year credit default swaps, or CDS, on Treasury debt widened 3 basis points to 26 basis points, according to data from CMA DataVision. This means it costs $26,000 per year to insure $10 million of U.S. Treasury debt against default.

      Who the hell is making that market? If liabilities based on credit default swaps on pissant mortgage backed securities is what is driving the current meltdown, what would happen if the US Treasury actually defaulted and the writers of these CDSs were on the hook for trillions?

      Who buys these CDSs on treasuries? Do they actually think they would pay off if the US Treasury started defaulting?

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    8. #8 |  tim | 

      “The lobster is still in the ‘AAA’ pot and still moving,” Chambers said. “The heat is turning up, but the water is still ‘AAA’ stable.”

      I always get concerned when food metaphors start getting used.

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    9. #9 |  Matt | 

      Conservapedia is one of the scariest propaganda websites I’ve seen in a while. When in doubt, compare someone to hitler and you win.

      Although I love the economist, they fail to take into account that firing somebody in most US states requires lengthy and repeated documentation of write ups and disciplinaryproblems before people can be terminated. Just ask anyone who have tried to have a government employee fired.

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    10. #10 |  KBCraig | 

      Another case of police arresting a videographer has just been reported in Scottsdale, Arizona:

      http://www.thenewspaper.com/news/25/2540.asp

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    11. #11 |  scottp | 

      He says if police are acting professionally and lawfully, they should have no objection to being videotaped.

      And therein lies the problem. It seems these days the police seldom act lawfully and professionally.

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    12. #12 |  Salvo | 

      Conservapedia–It’s kinda like Wikipedia, but with less fact and accountability.

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    13. #13 |  ClubMedSux | 

      I always get concerned when food metaphors start getting used.

      I wouldn’t be too concerned. He’s probably just a fan of Fire Joe Morgan, your one-stop shop for food metaphors: http://www.firejoemorgan.com/search/label/food%20metaphors

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    14. #14 |  Guido | 

      Re: Conservapedia

      http://www.boingboing.net/2007/11/21/top-ten-most-viewed.html

      “Do you like gladiator movies?”

      Seriously folks please go and vote.

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    15. #15 |  James D | 

      As if Wikipedia is ‘accurate’. I don’t like the idea of a ‘Conservapedia’, but come on ….

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    16. #16 |  Aaron | 

      Oh my, the SEC has now banned short-selling of nearly 800 stocks.

      I love how this administration pretends to believe in markets.

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    17. #17 |  ktc2 | 

      It believes in markets when it’s friends, supporters and allies are making millions, but when they aren’t why then something MUST BE DONE!

      Hypocrites.

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    18. #18 |  MikeL | 

      #15:

      Accuracy isn’t a simple binary yes or no. A Wiki page on a controversial subject is certainly subjet to wiki wars, but most pages are pretty static, and pretty accurate. Look up any well-defined field like history or geography. While a wiki shouldn’t be used as an ultimate source, especially for real work, it’s better than most resources, and good enough for most purposes. That fact they citations are given is a big step up from your average blog.

      Conservapedia isn’t a true wiki though, because the maintainers systematically exclude material based on an overt political goals. Wikipoedia maintainers try to avoid that (wiki wars not withstanding).

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    19. #19 |  PSYOP | 

      I thought the reason that the authorities have been installing cameras EVERYWHERE was to hold “evildoers” accountable for their “terrorist actions?”

      It’s simple, they say. “If you have done nothing wrong, then you have nothing to fear, right?” Oh, but that’s only true for citizens, the police OBVIOUSLY can’t do their jobs when they’re on camera. Bullshit!

      “Just because somebody is a police officer doesn’t mean they give up their rights.” I guess everyone else does, right?

      Wake up America, you’re on candid camera…

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    20. #20 |  Andrew Williams | 

      I know many of you are not fans of the ACLU these days, and I have serious questions about them too, but if you go to aclu.org you can sign a petition to persuade the governor of Georgia to pardon Troy Davis. You can also sign up for a free “I’m A Constitution Voter” bumper sticker.

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    21. #21 |  adam | 

      In “right to work” states, employees can be fired at any time for almost any reason, as long as it doesn’t violate civil rights laws. Obviously, they can’t fire you for being a minority or being pregnant. In Tennessee, the employer doesn’t have to tell you why they fired you. I have been fired this way.

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    22. #22 |  divadab | 

      Conservapedia = Authoritarian Moronapedia

      And incidentally, the extremely negative effects of the depression were countered by the US government’s New Deal spending and financial regulation. Glass Steagle regulated the financial industry – its elimination in the 1990’s created the deregulated environment which led to today’s meltdown.

      To say FDR’s actions made the depression worse is an outright lie. If that were so, we would have had another depression in the second half of the 20th century; we didn’t because governments now understand that spending in recessions primes the pump of the economy.

      Libertarianism applies mostly to personal behavior – it doesn’t work in complex financial environments where regulation is necessary to temper selfish irresponsible greed. Ask anyone who used to work for Lehman and is now unemployed. Take a look at the Canadian financial system – it is intelligently and responsibly regulated. How many bank, brokerage, or insurance failures are now occuring in Canada? NONE! How much government bailout money is the Canadian government proposing? $0! And what is the foreclosure rate in Canada? Less than 10% of the US rate.

      And the Canadian government is in fiscal surplus, and has been for some time. And Canadians enjoy universal health care.

      SOcialism works. Corporatism does not. CApitalism is dead, replaced by greedy irresponsible parasitic corporatism. Death to the parasites!

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    23. #23 |  Ron | 

      It is a historical fact that Hitler tried to apply the principles of Darwinism to the political realm. He tried to create a master race, an idea straight out of Darwin’s “On the Origin of Species by Means of Natural Selection, or the Preservation of Favoured Races in the Struggle for Life”.

      You who would deny that ignore history and have no credibility.

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    24. #24 |  bear | 

      Rad,

      Troy Davis’ execution was stayed today by the SCOTUS…

      Thought you should know if you didn’t already.

      -bear

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