Sunday, September 15, 2013

5 Years After The 2008 Market Crash - Paulson

2008 Treasury Secretary Hank Paulson on Charlie Rose, 091313:


Paulson: "What happened in 2008 was a huge credit bubble which was building for years and years burst.  ... The US and Europe were under-capitalized."

 Charlie: "Should a lot of smart people have seen this comming and warned us?"

P: "I describe this as a giant speculative bubble which burst.  And of course the nature of a bubble is no one fully understands it until it bursts.  ... I thought we were due for a crisis.  At my very first meeting with President Bush I explained I saw it coming.  He asked what would cause it.  I said I don't know, because I didn't see '98, I didn't see '94.  With 20/20 hindsight it will be obvious."

P: "we missed housing not because we didn't see some problems but we were looking through too short a historical record.  Ever since World War II residential housing prices always went up."
In other words, they completely ignored the Great Depression. A self-serving choice made by banks and investment banks as they lobbied to remove all the safeguards established during the Great Depression.
P:  Complexity is the enemy.  It works against transparency.

P: the root cause of all the crisis in history, as far as I'm concerned, is flawed government policies, which lead to excesses, ultimately bubbles ...
Flawed government policies that the banks lobbied for strenuously.
P: The 10 bubble years, '97 to 2007, the median family income was flat and yet Americans were doubling what they were borrowing.
Doesn't sound like the bubble was hard to see for financiers and investment bankers, the people watching the numbers.
P:  there was low interest rates, low inflation, money flooding from all over the world, chasing risk, looking for yields, huge imbalances, money coming from Asia ...

C: The country could look back at the Saving & Loan Crisis and say some financial executives went to jail. No one has gone to jail for what happened in 2007 & 2008.  ...

C: You are critical of the level of compensation that existed both before and after the crisis in the sense as to whether it might very well have clouded judgement."

P: "There is no doubt that was a contributing factor. ... Very ungracious after all that had been done to see the kinds of bonuses that had been paid.  I understand that is a problem." ...
Paulson was adamantly and vocally against including bonus limits in the TARP legislation at the time of passage, when it mattered.  His excuse at the time was that it would disincentivize the banks from accepting the bailouts they "desperately" needed.
P: If people look at this an say well it was just the bankers, it was just the bonuses, then we won't fix our problems and we'll be back here again.
In other words, people's excess borrowing was the other side of the equation.  The excess borrowing that was involved in causing the crises was excess borrowing for over-priced inflated home prices. People were making these decisions in an informational enviorment where the masters of the universe, the "people who understand the economy" were saying basically, "Ever since World War II residential housing prices always went up" and "its a new evonomy" and in Miami they were saying that prices will continue going up because we're running out of land.  Try to convince someone that there's a housing bubble in that enviorment. 
Josh Tyrangiel: "I think there is a giant disconnect between the people who understand the economy and understand the banking system and the people who don't."..

C: Everyone was complicit.
 The removal of Glass-Steagal allowed banks to make ever more risky loans on which they weren't keeping any of the risk but passing the risk to investors through securitization, yes even to those Asian investors flush with cash that was flooding the markets.  Removing Glass-Staegal opened the vanilla housing market to speculators and extreme bubbles. 
 P:  You're always always trading off making an imperfect decision with doing nothing. ...  The key is, I say, .. you've got to be ready to change course and adjust if you're wrong. ... A lot of times people say to me, Hank, the reason you were successfully, if you were successfully, is you've had all this experience on Wall Street and you understood financial markets. But people that really know me say the key ingredient I had is that I'm decisive by nature.  And this was a time when you couldn't be afraid to make decisions.  You had to make decisions. ...
Housing prices in Miami today are back to 2004 levels. 
The Fed, through quantative easying, bought at full price from the banks the securities of a lot of those underwater homes, including the ones that went and are going into foreclosure, eating the losses. 
Worker salaries are flat or dropping in reference to inflation  
Sounds like we have a housing bubble, again.
Since the FED is eating the losses of those homes so that the banks don't, how is that better than the FED writting off those differences for the original home owners so they could keep their homes?

To watch WallStreet being whitewahshed after all the chaos and loss they caused on Main street is disheartening.





Friday, February 1, 2013

George Orwell - On Improving Your Writing

POLITICS AND THE ENGLISH LANGUAGE

By George Orwell (1946)

http://gutenberg.net.au/ebooks03/0300011h.html#part42

Now, it is clear that the decline of a language must ultimately have political and economic causes: it is not due simply to the bad influence of this or that individual writer. But an effect can become a cause, reinforcing the original cause and producing the same effect in an intensified form, and so on indefinitely. A man may take to drink because he feels himself to be a failure, and then fail all the more completely because he drinks. It is rather the same thing that is happening to the English language. It becomes ugly and inaccurate because our thoughts are foolish, but the slovenliness of our language makes it easier for us to have foolish thoughts. The point is that the process is reversible. Modern English, especially written English, is full of bad habits which spread by imitation and which can be avoided if one is willing to take the necessary trouble. If one gets rid of these habits one can think more clearly, and to think clearly is a necessary first step towards political regeneration: so that the fight against bad English is not frivolous and is not the exclusive concern of professional writers. I will come back to this presently, and I hope that by that time the meaning of what I have said here will have become clearer. Meanwhile, here are five specimens of the English language as it is now habitually written.

These five passages have not been picked out because they are especially bad–I could have quoted far worse if I had chosen–but because they illustrate various of the mental vices from which we now suffer. They are a little below the average, but are fairly representative samples. I number them so that I can refer back to them when necessary:

(1) I am not, indeed, sure whether it is not true to say that the Milton who once seemed not unlike a seventeenth-century Shelley had not become, out of an experience ever more bitter in each year, more alien (sic) to the founder of that Jesuit sect which nothing could induce him to tolerate.
--PROFESSOR HAROLD LASKI (Essay in FREEDOM OF EXPRESSION)

(2) Above all, we cannot play ducks and drakes with a native battery of idioms which prescribes such egregious collocations of vocables as the Basic PUT UP WITH for TOLERATE or PUT AT A LOSS for BEWILDER.
--PROFESSOR LANCELOT HOGBEN (INTERGLOSSA)

(3) On the one side we have the free personality; by definition it is not neurotic, for it has neither conflict nor dream. Its desires, such as they are, are transparent, for they are just what institutional approval keeps in the forefront of consciousness; another institutional pattern would alter their number and intensity; there is little in them that is natural, irreducible, or culturally dangerous. But ON THE OTHER SIDE, the social bond itself is nothing but the mutual reflection of these self-secure integrities. Recall the definition of love. Is not this the very picture of a small academic? Where is there a place in this hall of mirrors for either personality or fraternity?
--Essay on psychology in POLITICS (New York)

(4) All the "best people" from the gentlemen's clubs, and all the frantic fascist captains, united in common hatred of Socialism and bestial horror of the rising tide of the mass revolutionary movement, have turned to acts of provocation, to foul incendiarism, to medieval legends of poisoned wells, to legalize their own destruction of proletarian organizations, and rouse the agitated petty-bourgeoisie to chauvinistic fervor on behalf of the fight against the revolutionary way out of the crisis.
--Communist pamphlet

(5) If a new spirit is to be infused into this old country, there is one thorny and contentious reform which must be tackled, and that is the humanization and galvanization of the B.B.C. Timidity here will bespeak canker and atrophy of the soul. The heart of Britain may lee sound and of strong beat, for instance, but the British lion's roar at present is like that of Bottom in Shakespeare's MIDSUMMER NIGHT'S DREAM–as gentle as any sucking dove. A virile new Britain cannot continue indefinitely to be traduced in the eyes, or rather ears, of the world by the effete languors of Langham Place, brazenly masquerading as "standard English." When the Voice of Britain is heard at nine o'clock, better far and infinitely less ludicrous to hear aitches honestly dropped than the present priggish, inflated, inhibited, school-ma'am-ish arch braying of blameless bashful mewing maidens.
--Letter in TRIBUNE

Each of these passages has faults of its own, but quite apart from avoidable ugliness, two qualities are common to all of them. The first is staleness of imagery; the other is lack of precision. The writer either has a meaning and cannot express it, or he inadvertently says something else, or he is almost indifferent as to whether his words mean anything or not. This mixture of vagueness and sheer incompetence is the most marked characteristic of modern English prose, and especially of any kind of political writing. As soon as certain topics are raised, the concrete melts into the abstract and no one seems able to think of turns of speech that are not hackneyed: prose consists less and less of WORDS chosen for the sake of their meaning, and more and more of PHRASES tacked together like the sections of a prefabricated hen-house. I list below, with notes and examples, various of the tricks by means of which the work of prose-construction is habitually dodged:

DYING METAPHORS. A newly-invented metaphor assists thought by evoking a visual image, while on the other hand a metaphor which is technically "dead" (e.g., IRON RESOLUTION) has in effect reverted to being an ordinary word and can generally be used without loss of vividness. But in between these two classes there is a huge dump of worn-out metaphors which have lost all evocative power and are merely used because they save people the trouble of inventing phrases for themselves. Examples are: RING THE CHANGES ON, TAKE UP THE CUDGELS FOR, TOE THE LINE, RIDE ROUGHSHOD OVER, STAND SHOULDER TO SHOULDER WITH, PLAY INTO THE HANDS OF, AN AXE TO GRIND, GRIST TO THE MILL, FISHING IN TROUBLED WATERS, ON THE ORDER OF THE DAY, ACHILLES' HEEL, SWAN SONG, HOTBED. Many of these are used without knowledge of their meaning (what is a "rift," for instance?), and incompatible metaphors are frequently mixed, a sure sign that the writer is not interested in what he is saying. Some metaphors now current have been twisted out of their original meaning without those who use them even being aware of the fact. For example, TOE THE LINE is sometimes written TOW THE LINE. Another example is THE HAMMER AND THE ANVIL, now always used with the implication that the anvil gets the worst of it. In real life it is always the anvil that breaks the hammer, never the other way about: a writer who stopped to think what he was saying would be aware of this, and would avoid perverting the original phrase.

OPERATORS, or VERBAL FALSE LIMBS. These save the trouble of picking out appropriate verbs and nouns, and at the same time pad each sentence with extra syllables which give it an appearance of symmetry. Characteristic phrases are: RENDER INOPERATIVE, MILITATE AGAINST, PROVE UNACCEPTABLE, MAKE CONTACT WITH, BE SUBJECTED TO, GIVE RISE TO, GIVE GROUNDS FOR, HAVING THE EFFECT OF, PLAY A LEADING PART (RÔLE) IN, MAKE ITSELF FELT, TAKE EFFECT, EXHIBIT A TENDENCY TO, SERVE THE PURPOSE OF, etc., etc. The keynote is the elimination of simple verbs. Instead of being a single word, such as BREAK, STOP, SPOIL, MEND, KILL, a verb becomes a PHRASE, made up of a noun or adjective tacked on to some general-purposes verb as PROVE, SERVE, FORM, PLAY, RENDER. In addition, the passive voice is wherever possible used in preference to the active, and noun constructions are used instead of gerunds (BY EXAMINATION OF instead of BY EXAMINING). The range of verbs is further cut down by means of the '-IZE' AND 'DE-' formations, and banal statements are given an appearance of profundity by means of the NOT 'UN-' formation. Simple conjunctions and prepositions are replaced by such phrases as WITH RESPECT TO, HAVING REGARD TO, THE FACT THAT, BY DINT OF, IN VIEW OF, IN THE INTERESTS OF, ON THE HYPOTHESIS THAT; and the ends of sentences are saved from anti-climax by such resounding commonplaces as GREATLY TO BE DESIRED, CANNOT BE LEFT OUT OF ACCOUNT, A DEVELOPMENT TO BE EXPECTED IN THE NEAR FUTURE, DESERVING OF SERIOUS CONSIDERATION, BROUGHT TO A SATISFACTORY CONCLUSION, and so on and so forth.

PRETENTIOUS DICTION. Words like PHENOMENON, ELEMENT, INDIVIDUAL (as noun), OBJECTIVE, CATEGORICAL, EFFECTIVE, VIRTUAL, BASIS, PRIMARY, PROMOTE, CONSTITUTE, EXHIBIT, EXPLOIT, UTILIZE, ELIMINATE, LIQUIDATE, are used to dress up simple statements and give an air of scientific impartiality to biased judgments. Adjectives like EPOCH-MAKING, EPIC, HISTORIC, UNFORGETTABLE, TRIUMPHANT, AGE-OLD, INEVITABLE, INEXORABLE, VERITABLE, are used to dignify the sordid processes of international politics, while writing that aims at glorifying war usually takes on an archaic color, its characteristic words being: REALM, THRONE, CHARIOT, MAILED FIST, TRIDENT, SWORD, SHIELD, BUCKLER, BANNER, JACKBOOT, CLARION. Foreign words and expressions such as CUL DE SAC, ANCIEN RÉGIME, DEUS EX MACHINA, MUTATIS MUTANDIS, STATUS QUO, GLEICHSCHALTUNG, WELTANSCHAUUNG, are used to give an air of culture and elegance. Except for the useful abbreviations I.E., E.G., and ETC., there is no real need for any of the hundreds of foreign phrases now current in English. Bad writers, and especially scientific, political and sociological writers, are nearly always haunted by the notion that Latin or Greek words are grander than Saxon ones, and unnecessary words like EXPEDITE, AMELIORATE, PREDICT, EXTRANEOUS, DERACINATED, CLANDESTINE, SUB-AQUEOUS and hundreds of others constantly gain ground from their Anglo-Saxon opposite numbers. [Note 1, below] The jargon peculiar to Marxist writing (HYENA, HANGMAN, CANNIBAL, PETTY BOURGEOIS, THESE GENTRY, LACKEY, FLUNKEY, MAD DOG, WHITE GUARD, etc.) consists largely of words and phrases translated from Russian, German or French; but the normal way of coining a new word is to use a Latin or Greek root with the appropriate affix and, where necessary, the '-ize' formation. It is often easier to make up words of this kind (DE-REGIONALIZE, IMPERMISSIBLE, EXTRAMARITAL, NON-FRAGMENTARY and so forth) than to think up the English words that will cover one's meaning. The result, in general, is an increase in slovenliness and vagueness.
[Note: 1. An interesting illustration of this is the way in which the English flower names which were in use till very recently are being ousted by Greek ones, SNAPDRAGON becoming ANTIRRHINUM, FORGET-ME-NOT becoming MYOSOTIS, etc. It is hard to see any practical reason for this change of fashion: it is probably due to an instinctive turning-away from the more homely word and a vague feeling that the Greek word is scientific. (Author's footnote.)]
MEANINGLESS WORDS. In certain kinds of writing, particularly in art criticism and literary criticism, it is normal to come across long passages which are almost completely lacking in meaning. [Note, below] Words like ROMANTIC, PLASTIC, VALUES, HUMAN, DEAD, SENTIMENTAL, NATURAL, VITALITY, as used in art criticism, are strictly meaningless, in the sense that they not only do not point to any discoverable object, but are hardly even expected to do so by the reader. When one critic writes, "The outstanding feature of Mr. X's work is its living quality," while another writes, "The immediately striking thing about Mr. X's work is its peculiar deadness," the reader accepts this as a simple difference of opinion If words like BLACK and WHITE were involved, instead of the jargon words DEAD and LIVING, he would see at once that language was being used in an improper way. Many political words are similarly abused. The word FASCISM has now no meaning except in so far as it signifies "something not desirable." The words DEMOCRACY, SOCIALISM, FREEDOM, PATRIOTIC, REALISTIC, JUSTICE, have each of them several different meanings which cannot be reconciled with one another. In the case of a word like DEMOCRACY, not only is there no agreed definition, but the attempt to make one is resisted from all sides. It is almost universally felt that when we call a country democratic we are praising it: consequently the defenders of every kind of régime claim that it is a democracy, and fear that they might have to stop using the word if it were tied down to any one meaning. Words of this kind are often used in a consciously dishonest way. That is, the person who uses them has his own private definition, but allows his hearer to think he means something quite different. Statements like MARSHAL PÉTAIN WAS A TRUE PATRIOT, THE SOVIET PRESS IS THE FREEST IN THE WORLD, THE CATHOLIC CHURCH IS OPPOSED TO PERSECUTION, are almost always made with intent to deceive. Other words used in variable meanings, in most cases more or less dishonestly, are: CLASS, TOTALITARIAN, SCIENCE, PROGRESSIVE, REACTIONARY BOURGEOIS, EQUALITY.

[Note: Example: "Comfort's catholicity of perception and image, strangely Whitmanesque in range, almost the exact opposite in aesthetic compulsion, continues to evoke that trembling atmospheric accumulative hinting at a cruel, an inexorably serene timelessness...Wrey Gardiner scores by aiming at simple bulls-eyes with precision. Only they are not so simple, and through this contented sadness runs more than the surface bittersweet of resignation." (POETRY QUARTERLY.) (Author's footnote.)]
Now that I have made this catalogue of swindles and perversions, let me give another example of the kind of writing that they lead to. This time it must of its nature be an imaginary one. I am going to translate a passage of good English into modern English of the worst sort. Here is a well-known verse from ECCLESIASTES:

I returned, and saw under the sun, that the race is not to the swift, nor the battle to the strong, neither yet bread to the wise, nor yet riches to men of understanding, nor yet favor to men of skill; but time and chance happeneth.
Here it is in modern English:
Objective consideration of contemporary phenomena compels the conclusion that success or failure in competitive activities exhibits no tendency to be commensurate with innate capacity, but that a considerable element of the unpredictable must invariably be taken into account.
This is a parody, but not a very gross one. Exhibit (3), above, for instance, contains several patches of the same kind of English. It will be seen that I have not made a full translation. The beginning and ending of the sentence follow the original meaning fairly closely, but in the middle the concrete illustrations–race, battle, bread–dissolve into the vague phrase "success or failure in competitive activities." This had to be so, because no modern writer of the kind I am discussing–no one capable of using phrases like "objective consideration of contemporary phenomena"–would ever tabulate his thoughts in that precise and detailed way. The whole tendency of modern prose is away from concreteness. Now analyze these two sentences a little more closely. The first contains 49 words but only 60 syllables, and all its words are those of everyday life. The second contains 38 words of 90 syllables: 18 of its words are from Latin roots, and one from Greek. The first sentence contains six vivid images, and only one phrase ("time and chance") that could be called vague. The second contains not a single fresh, arresting phrase, and in spite of its 90 syllables it gives only a shortened version of the meaning contained in the first. Yet without a doubt it is the second kind of sentence that is gaining ground in modern English. I do not want to exaggerate. This kind of writing is not yet universal, and outcrops of simplicity will occur here and there in the worst-written page. Still, if you or I were told to write a few lines on the uncertainty of human fortunes, we should probably come much nearer to my imaginary sentence than to the one from ECCLESIASTES.
As I have tried to show, modern writing at its worst does not consist in picking out words for the sake of their meaning and inventing images in order to make the meaning clearer. It consists in gumming together long strips of words which have already been set in order by someone else, and making the results presentable by sheer humbug. The attraction of this way of writing, is that it is easy. It is easier–even quicker, once you have the habit–to say IN MY OPINION IT IS A NOT UNJUSTIFIABLE ASSUMPTION THAT than to say I THINK. If you use ready-made phrases, you not only don't have to hunt about for words; you also don't have to bother with the rhythms of your sentences, since these phrases are generally so arranged as to be more or less euphonious. When you are composing in a hurry–when you are dictating to a stenographer, for instance, or making a public speech–it is natural to fall into a pretentious, Latinized style. Tags like A CONSIDERATION WHICH WE SHOULD DO WELL TO BEAR IN MIND OR A CONCLUSION TO WHICH ALL OF US WOULD READILY ASSENT will save many a sentence from coming down with a bump. By using stale metaphors, similes and idioms, you save much mental effort at the cost of leaving your meaning vague, not only for your reader but for yourself. This is the significance of mixed metaphors. The sole aim of a metaphor is to call up a visual image. When these images clash–as in THE FASCIST OCTOPUS HAS SUNG ITS SWAN SONG, THE JACKBOOT IS THROWN INTO THE MELTING POT–it can be taken as certain that the writer is not seeing a mental image of the objects he is naming; in other words he is not really thinking. Look again at the examples I gave at the beginning of this essay. Professor Laski (1) uses five negatives in 53 words. One of these is superfluous, making nonsense of the whole passage, and in addition there is the slip ALIEN for akin, making further nonsense, and several avoidable pieces of clumsiness which increase the general vagueness. Professor Hogben (2) plays ducks and drakes with a battery which is able to write prescriptions, and, while disapproving of the everyday phrase PUT UP WITH, is unwilling to look EGREGIOUS up in the dictionary and see what it means. (3), if one takes an uncharitable attitude towards it, is simply meaningless: probably one could work out its intended meaning by reading the whole of the article in which it occurs. In (4), the writer knows more or less what he wants to say, but an accumulation of stale phrases chokes him like tea leaves blocking a sink. In (5), words and meaning have almost parted company. People who write in this manner usually have a general emotional meaning–they dislike one thing and want to express solidarity with another–but they are not interested in the detail of what they are saying. A scrupulous writer, in every sentence that he writes, will ask himself at least four questions, thus: What am I trying to say? What words will express it? What image or idiom will make it clearer? Is this image fresh enough to have an effect? And he will probably ask himself two more: Could I put it more shortly? Have I said anything that is avoidably ugly? But you are not obliged to go to all this trouble. You can shirk it by simply throwing your mind open and letting the ready-made phrases come crowding in. They will construct your sentences for you–even think your thoughts for you, to a certain extent-and at need they will perform the important service of partially concealing your meaning even from yourself. It is at this point that the special connection between politics and the debasement of language becomes clear.
In our time it is broadly true that political writing is bad writing. Where it is not true, it will generally be found that the writer is some kind of rebel, expressing his private opinions and not a "party line." Orthodoxy, of whatever color, seems to demand a lifeless, imitative style. The political dialects to be found in pamphlets, leading articles, manifestoes, White Papers and the speeches of under-secretaries do, of course, vary from party to party, but they are all alike in that one almost never finds in them a fresh, vivid, home-made turn of speech. When one watches some tired hack on the platform mechanically repeating the familiar phrases–BESTIAL ATROCITIES, IRON HEEL, BLOODSTAINED TYRANNY, FREE PEOPLES OF THE WORLD, STAND SHOULDER TO SHOULDER–one often has a curious feeling that one is not watching a live human being but some kind of dummy: a feeling which suddenly becomes stronger at moments when the light catches the speaker's spectacles and turns them into blank discs which seem to have no eyes behind them. And this is not altogether fanciful. A speaker who uses that kind of phraseology has gone some distance towards turning himself into a machine. The appropriate noises are coming out of his larynx, but his brain is not involved as it would be if he were choosing his words for himself. If the speech he is making is one that he is accustomed to make over and over again, he may be almost unconscious of what he is saying, as one is when one utters the responses in church. And this reduced state of consciousness, if not indispensable, is at any rate favorable to political conformity.
In our time, political speech and writing are largely the defense of the indefensible. Things like the continuance of British rule in India, the Russian purges and deportations, the dropping of the atom bombs on Japan, can indeed be defended, but only by arguments which are too brutal for most people to face, and which do not square with the professed aims of political parties. Thus political language has to consist largely of euphemism, question-begging and sheer cloudy vagueness. Defenseless villages are bombarded from the air, the inhabitants driven out into the countryside, the cattle machine-gunned, the huts set on fire with incendiary bullets: this is called PACIFICATION. Millions of peasants are robbed of their farms and sent trudging along the roads with no more than they can carry: this is called TRANSFER OF POPULATION or RECTIFICATION OF FRONTIERS. People are imprisoned for years without trial, or shot in the back of the neck or sent to die of scurvy in Arctic lumber camps: this is called ELIMINATION OF UNRELIABLE ELEMENTS. Such phraseology is needed if one wants to name things without calling up mental pictures of them. Consider for instance some comfortable English professor defending Russian totalitarianism. He cannot say outright, "I believe in killing off your opponents when you can get good results by doing so." Probably, therefore, he will say something like this:
While freely conceding that the Soviet régime exhibits certain features which the humanitarian may be inclined to deplore, we must, I think, agree that a certain curtailment of the right to political opposition is an unavoidable concomitant of transitional periods, and that the rigors which the Russian people have been called upon to undergo have been amply justified in the sphere of concrete achievement.
The inflated style is itself a kind of euphemism. A mass of Latin words falls upon the facts like soft snow, blurring the outlines and covering up all the details. The great enemy of clear language is insincerity. When there is a gap between one's real and one's declared aims, one turns, as it were instinctively, to long words and exhausted idioms, like a cuttlefish squirting out ink. In our age there is no such thing as "keeping out of politics." All issues are political issues, and politics itself is a mass of lies, evasions, folly, hatred and schizophrenia. When the general atmosphere is bad, language must suffer. I should expect to find–this is a guess which I have not sufficient knowledge to verify–that the German, Russian and Italian languages have all deteriorated in the last ten or fifteen years as a result of dictatorship.
But if thought corrupts language, language can also corrupt thought. A bad usage can spread by tradition and imitation, even among people who should and do know better. The debased language that I have been discussing is in some ways very convenient. Phrases like A NOT UNJUSTIFIABLE ASSUMPTION, LEAVES MUCH TO BE DESIRED, WOULD SERVE NO GOOD PURPOSE, A CONSIDERATION WHICH WE SHOULD DO WELL TO BEAR IN MIND, are a continuous temptation, a packet of aspirins always at one's elbow. Look back through this essay, and for certain you will find that I have again and again committed the very faults I am protesting against. By this morning's post I have received a pamphlet dealing with conditions in Germany. The author tells me that he "felt impelled" to write it. I open it at random, and here is almost the first sentence that I see: "[The Allies] have an opportunity not only of achieving a radical transformation of Germany's social and political structure in such a way as to avoid a nationalistic reaction in Germany itself, but at the same time of laying the foundations of a cooperative and unified Europe." You see, he "feels impelled" to write–feels, presumably, that he has something new to say–and yet his words, like cavalry horses answering the bugle, group themselves automatically into the familiar dreary pattern. This invasion of one's mind by ready-made phrases (LAY THE FOUNDATIONS, ACHIEVE A RADICAL TRANSFORMATION) can only be prevented if one is constantly on guard against them, and every such phrase anesthetizes a portion of one's brain.
I said earlier that the decadence of our language is probably curable. Those who deny this would argue, if they produced an argument at all, that language merely reflects existing social conditions, and that we cannot influence its development by any direct tinkering with words and constructions. So far as the general tone or spirit of a language goes, this may be true, but it is not true in detail. Silly words and expressions have often disappeared, not through any evolutionary process but owing to the conscious action of a minority. Two recent examples were EXPLORE EVERY AVENUE and LEAVE NO STONE UNTURNED, which were killed by the jeers of a few journalists. There is a long list of fly-blown metaphors which could similarly be got rid of if enough people would interest themselves in the job; and it should also be possible to laugh the NOT 'UN-' formation out of existence, [Note, below] to reduce the amount of Latin and Greek in the average sentence, to drive out foreign phrases and strayed scientific words, and, in general, to make pretentiousness unfashionable. But all these are minor points. The defense of the English language implies more than this, and perhaps it is best to start by saying what it does NOT imply.
[Note: One can cure oneself of the NOT 'UN-' formation by memorizing this sentence: A NOT UNBLACK DOG WAS CHASING A NOT UNSMALL RABBIT ACROSS A NOT UNGREEN FIELD. (Author's footnote.)]
To begin with, it has nothing to do with archaism, with the salvaging of obsolete words and turns of speech, or with the setting-up of a "standard-English" which must never be departed from. On the contrary, it is especially concerned with the scrapping of every word or idiom which has outworn its usefulness. It has nothing to do with correct grammar and syntax, which are of no importance so long as one makes one's meaning clear, or with the avoidance of Americanisms, or with having what is called a "good prose style." On the other hand it is not concerned with fake simplicity and the attempt to make written English colloquial. Nor does it even imply in every case preferring the Saxon word to the Latin one, though it does imply using the fewest and shortest words that will cover one's meaning. What is above all needed is to let the meaning choose the word, and not the other way about. In prose, the worst thing one can do with words is to surrender them. When you think of a concrete object, you think wordlessly, and then, if you want to describe the thing you have been visualizing, you probably hunt about till you find the exact words that seem to fit it. When you think of something abstract you are more inclined to use words from the start, and unless you make a conscious effort to prevent it, the existing dialect will come rushing in and do the job for you, at the expense of blurring or even changing your meaning. Probably it is better to put off using words as long as possible and get one's meaning as clear as one can through pictures or sensations. Afterwards one can choose–not simply ACCEPT–the phrases that will best cover the meaning, and then switch round and decide what impressions one's words are likely to make on another person. This last effort of the mind cuts out all stale or mixed images, all prefabricated phrases, needless repetitions, and humbug and vagueness generally. But one can often be in doubt about the effect of a word or a phrase, and one needs rules that one can rely on when instinct fails. I think the following rules will cover most cases:
(i) Never use a metaphor, simile or other figure of speech which you are used to seeing in print.
(ii) Never use a long word where a short one will do.
(iii) If it is possible to cut a word out, always cut it out.
(iv) Never use the passive where you can use the active.
(v) Never use a foreign phrase, a scientific word or a jargon word if you can think of an everyday English equivalent.
(vi) Break any of these rules sooner than say anything barbarous.

These rules sound elementary, and so they are, but they demand a deep change of attitude in anyone who has grown used to writing in the style now fashionable. One could keep all of them and still write bad English, but one could not write the kind of stuff that I quoted in these five specimens at the beginning of this article.

I have not here been considering the literary use of language, but merely language as an instrument for expressing and not for concealing or preventing thought. Stuart Chase and others have come near to claiming that all abstract words are meaningless, and have used this as a pretext for advocating a kind of political quietism. Since you don't know what Fascism is, how can you struggle against Fascism? One need not swallow such absurdities as this, but one ought to recognize that the present political chaos is connected with the decay of language, and that one can probably bring about some improvement by starting at the verbal end. If you simplify your English, you are freed from the worst follies of orthodoxy. You cannot speak any of the necessary dialects, and when you make a stupid remark its stupidity will be obvious, even to yourself. Political language-and with variations this is true of all political parties, from Conservatives to Anarchists–is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind. One cannot change this all in a moment, but one can at least change one's own habits, and from time to time one can even, if one jeers loudly enough, send some worn-out and useless phrase–some JACKBOOT, ACHILLES' HEEL, HOTBED, MELTING POT, ACID TEST, VERITABLE INFERNO or other lump of verbal refuse–into the dustbin where it belongs.

Saturday, August 11, 2012

Proposed Constitutional Amendments for Campaign Finance Reform

Follwing are 7 proposed Amendments to the Constitution intended to reverse the Citizens United Supreme Court ruling which allowed unlimited amounts of corporate funds to be used to fund campaigns.  Five have already been introduced to Congress as resolutions.


Move to Amend's Proposed Amendment
Section 1
The rights protected by the Constitution of the United States are the rights of natural persons only.
Artificial entities, such as corporations, limited liability companies, and other entities, established by the laws of any State, the United States, or any foreign state shall have no rights under this Constitution and are subject to regulation by the People, through Federal, State, or local law.

The privileges of artificial entities shall be determined by the People, through Federal, State, or local law, and shall not be construed to be inherent or inalienable.

Section 2
Federal, State and local government shall regulate, limit, or prohibit contributions and expenditures, including a candidate’s own contributions and expenditures, for the purpose of influencing in any way the election of any candidate for public office or any ballot measure.

Federal, State and local government shall require that any permissible contributions and expenditures be publicly disclosed.

The judiciary shall not construe the spending of money to influence elections to be speech under the First Amendment.

Section 3 
Nothing contained in this amendment shall be construed to abridge the freedom of the press.

http://www.movetoamend.org/frequently-asked-questions#3
I signed the petition by MoveToAmend for the above amendment, however, the more I read the amendment , the greater my concern with the language of PROHIBIT contributions or EXPENDITURES to influence elections.  Citizens must have the RIGHT to use their own money to INFLUENCE legislation, the legislature and to propose ballot measures.  Some money is required to oppose OPPRESSIVE legislation and to promote needed laws, whether through adds, posters, mailings.... Almost any form of grass-roots influence of our government requires some expenditure.  Unlike the average citizen, corporations can easily incorporate a branch as a NewsOutlet.


H. J. RES. 78
Proposing an amendment to the Constitution of the United States to clarify the authority of Congress and the States to regulate the expenditure of funds for political activity by corporations.
IN THE HOUSE OF REPRESENTATIVES

September 12, 2011

Ms. EDWARDS (for herself and Mr. CONYERS) introduced the following joint resolution; which was referred to the Committee on the Judiciary

JOINT RESOLUTION
Proposing an amendment to the Constitution of the United States to clarify the authority of Congress and the States to regulate the expenditure of funds for political activity by corporations.
    Resolved by the Senate and House of Representatives of the United States of America in Congress assembled (two-thirds of each House concurring therein), That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by the legislatures of three-fourths of the several States:

`Article--

    `Section 1. Nothing in this Constitution shall prohibit Congress and the States from imposing content-neutral regulations and restrictions on the expenditure of funds for political activity by any corporation, limited liability company, or other corporate entity, including but not limited to contributions in support of, or in opposition to, a candidate for public office.
    `Section 2. Nothing contained in this Article shall be construed to abridge the freedom of the press.'.



H. J. RES. 72
Proposing an amendment to the Constitution of the United States giving Congress power to regulate campaign contributions for Federal elections.
IN THE HOUSE OF REPRESENTATIVES

July 13, 2011

Mr. SCHRADER introduced the following joint resolution; which was referred to the Committee on the Judiciary

JOINT RESOLUTION
Proposing an amendment to the Constitution of the United States giving Congress power to regulate campaign contributions for Federal elections.
    Resolved by the Senate and House of Representatives of the United States of America in Congress assembled (two-thirds of each House concurring therein), That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by the legislatures of three-fourths of the several States within seven years after the date of its submission for ratification:

`Article--

    `Section 1. The Congress shall have power to prohibit, limit, and otherwise regulate the contribution of funds or donation of in-kind equivalents to candidates standing for election to a Federal office in the United States and to prohibit, limit, and otherwise regulate the expenditure of funds or donation of in-kind equivalents used to support or purchase media advertisements intended to influence the outcome of an election for Federal office in the United States.
    `Whenever Congress should exercise such power, it must apply equally and uniformly to all individual persons recognized as citizens of the United States.
    `Whenever Congress should exercise such power on associations of citizens of the United States, it must apply equally and uniformly to all associations of citizens of the United States.
    `Section 2. Each of the several States shall have power to prohibit, limit, and otherwise regulate the contribution of funds or donation of in-kind equivalents to candidates standing for election to public office in the State and to prohibit, limit, and otherwise regulate expenditure of funds or donation of in-kind equivalents used to support or purchase media advertisements intended to influence the outcome of an election for public office or plebiscite in the State.
    `Whenever a State should exercise such power, it must apply equally and uniformly to all individual persons recognized as citizens of the State.
    `Whenever a State should exercise such power on associations of citizens of the State, it must apply equally and uniformly to all associations of citizens of the State.
    `Section 3. A person who is not a citizen of the United States, including an association of persons who are not citizens of the United States, a foreign government, or any person acting as an agent thereof, may not contribute funds or donate in-kind equivalents to candidates standing for election to public office in the United States or otherwise expend funds or donate in-kind equivalents in a manner intended to influence the outcome an election for public office or plebiscite in the United States.
    `Section 4. Congress shall have the power to enforce this article by appropriate legislation.'.


S. J. RES. 29
Proposing an amendment to the Constitution of the United States relating to contributions and expenditures intended to affect elections.
IN THE SENATE OF THE UNITED STATES

November 1, 2011

Mr. UDALL of New Mexico (for himself, Mr. BENNET, Mr. HARKIN, Mr. DURBIN, Mr. SCHUMER, Mr. MERKLEY, Mr. WHITEHOUSE, Mr. BEGICH, and Mrs. SHAHEEN) introduced the following joint resolution; which was read twice and referred to the Committee on the Judiciary

JOINT RESOLUTION
Proposing an amendment to the Constitution of the United States relating to contributions and expenditures intended to affect elections.
    Resolved by the Senate and House of Representatives of the United States of America in Congress assembled (two-thirds of each House concurring therein), That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by the legislatures of three-fourths of the several States within seven years after the date of its submission by the Congress:

`Article--

    `Section 1. Congress shall have power to regulate the raising and spending of money and in kind equivalents with respect to Federal elections, including through setting limits on--
      `(1) the amount of contributions to candidates for nomination for election to, or for election to, Federal office; and
      `(2) the amount of expenditures that may be made by, in support of, or in opposition to such candidates.
    `Section 2. A State shall have power to regulate the raising and spending of money and in kind equivalents with respect to State elections, including through setting limits on--
      `(1) the amount of contributions to candidates for nomination for election to, or for election to, State office; and
      `(2) the amount of expenditures that may be made by, in support of, or in opposition to such candidates.
    `Section 3. Congress shall have power to implement and enforce this article by appropriate legislation.'.


S. J. RES. 33
Proposing an amendment to the Constitution of the United States to expressly exclude for-profit corporations from the rights given to natural persons by the Constitution of the United States, prohibit corporate spending in all elections, and affirm the authority of Congress and the States to regulate corporations and to regulate and set limits on all election contributions and expenditures.
IN THE SENATE OF THE UNITED STATES

December 8, 2011

Mr. SANDERS (for himself and Mr. BEGICH) introduced the following joint resolution; which was read twice and referred to the Committee on the Judiciary

JOINT RESOLUTION
Proposing an amendment to the Constitution of the United States to expressly exclude for-profit corporations from the rights given to natural persons by the Constitution of the United States, prohibit corporate spending in all elections, and affirm the authority of Congress and the States to regulate corporations and to regulate and set limits on all election contributions and expenditures.
    Resolved by the Senate and House of Representatives of the United States of America in Congress assembled (two-thirds of each House concurring therein), That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by the legislatures of three-fourths of the several States within seven years after the date of its submission for ratification:

`Article--

    `Section 1. The rights protected by the Constitution of the United States are the rights of natural persons and do not extend to for-profit corporations, limited liability companies, or other private entities established for business purposes or to promote business interests under the laws of any state, the United States, or any foreign state.
    `Section 2. Such corporate and other private entities established under law are subject to regulation by the people through the legislative process so long as such regulations are consistent with the powers of Congress and the States and do not limit the freedom of the press.
    `Section 3. Such corporate and other private entities shall be prohibited from making contributions or expenditures in any election of any candidate for public office or the vote upon any ballot measure submitted to the people.
    `Section 4. Congress and the States shall have the power to regulate and set limits on all election contributions and expenditures, including a candidate's own spending, and to authorize the establishment of political committees to receive, spend, and publicly disclose the sources of those contributions and expenditures.'.



H. J. RES. 88
Proposing an amendment to the Constitution of the United States to clarify the authority of Congress and the States to regulate corporations, limited liability companies or other corporate entities established by the laws of any state, the United States, or any foreign state.
IN THE HOUSE OF REPRESENTATIVES

November 15, 2011

Mr. MCGOVERN introduced the following joint resolution; which was referred to the Committee on the Judiciary

JOINT RESOLUTION
Proposing an amendment to the Constitution of the United States to clarify the authority of Congress and the States to regulate corporations, limited liability companies or other corporate entities established by the laws of any state, the United States, or any foreign state.
    Resolved by the Senate and House of Representatives of the United States of America in Congress assembled (two-thirds of each House concurring therein), That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by the legislatures of three-fourths of the several States:

`Article--

    `Section 1. We the people who ordain and establish this Constitution intend the rights protected by this Constitution to be the rights of natural persons.
    `Section 2. The words people, person, or citizen as used in this Constitution do not include corporations, limited liability companies or other corporate entities established by the laws of any State, the United States, or any foreign state, and such corporate entities are subject to such regulation as the people, through their elected State and Federal representatives, deem reasonable and are otherwise consistent with the powers of Congress and the States under this Constitution.
    `Section 3. Nothing contained herein shall be construed to limit the people's rights of freedom of speech, freedom of the press, free exercise of religion, freedom of association and all such other rights of the people, which rights are inalienable.'.
     

Deutch Amendment Proposal

  • Introduced by Rep. Ted Deutch (D-FL) on November 18, 2011
     

WRITE YOUR REPRESENTATIVES

You might consider writing directly to your Representatives asking for the changes to campaign finance that interest you.  Following is some of what I wrote to the President and my Representatives in Congress on Aug 2012:

AMEND THE CONSTITUTION

Campaign contributions exclusively from individuals, no corporations,  PACs nor Unions

$1200 max individual contribution per person per candidate per year (linked to inflation)

$1.2 million in total contributions allowed for candidates to collect  (linked to inflation)

$10 million maximum in total donations for each  political party (linked to inflation)

Free air time on all the network and radio stations for the 3-4 months prior to an election - the airwaves are a public resource, and 1 free add for each candidate on newspapers - newspapers use the public roads and internet.

Warnings on Advertizing:  Require advertising or documentaries that mention a candidate, party, or bill to have a banner at the bottom of the Screen, large orange letters on a black background, stating: "May contain FALSE or MISLEADING information." 

Term Limits: 10 years for House Representatives and 12 years for Senators.

I have come to be totally against public funding of elections - politicians can twist subsidies into any monster.

Saturday, November 26, 2011

an atom
or is it a quark
or just a sentient being living on an electron
in a living sentient universe
multi-verse
super verse
-me

Saturday, August 1, 2009

THOUGHT EXPERIMENT SENTIENT COMMUNICATION

assume you are a sentient alien
but you are the size of an atom

as you approach a human being
you approach the skin of a human being

but you are much smaller than a human skin cell
smaller than the DNA inside that human skin cell

smaller than the 4 chemical bases that make up DNA:
adenine (A), guanine (G), cytosine (C), and thymine (T).


smaller than the molecules that make up each of those Bases



How would you communicate or even recognize a sentient Human Being ?



What would I see as I approach a human being?



A lot of EMPTY SPACE
Atoms
maybe I would recognize clumps of atoms
but would I even recognize how these atom form molecules?

Now lets assume I am not even an atom.
I am an electron


Elements have been organized into the Periodic Table, organized by weigh,
but also by their ATOMIC STRUCTURE


Each atom of an element, like Helium or Hydrogen, is made up of an arrangement of 3 things:
Neutron, Proton, and Electron



Hydrogen is a Proton circled by an Electron (sort of like a Solar system with 1 planet)
Helium is 2 Protons and 2 Neutrons in the Center circled by 2 electrons (sort of like a twin star system with 2 planets). see


so if I am a sentient being on one of those electrons?



Helium


HELIUM - Nasa: Ultraviolet light emitted by oinized helium atoms in the Sun's chromosphere. http://www.chemicool.com/elements/helium.html


___

DNA


http://ghr.nlm.nih.gov/handbook/basics/mtdna
Mitochondria are structures within cells that convert the energy from food into a form that cells can use. Each cell contains hundreds to thousands of mitochondria, which are located in the fluid that surrounds the nucleus (the cytoplasm).

Although most DNA is packaged in chromosomes within the nucleus, mitochondria also have a small amount of their own DNA. This genetic material is known as mitochondrial DNA or mtDNA.


In addition to energy production, mitochondria play a role in several other cellular activities. For example, mitochondria help regulate the self-destruction of cells (apoptosis). They are also necessary for the production of substances such as cholesterol and heme (a component of hemoglobin, the molecule that carries oxygen in the blood).


Mitochondrial DNA contains 37 genes, all of which are essential for normal mitochondrial function. Thirteen of these genes provide instructions for making enzymes involved in oxidative phosphorylation. The remaining genes provide instructions for making molecules called transfer RNAs (tRNAs) and ribosomal RNAs (rRNAs), which are chemical cousins of DNA. These types of RNA help assemble protein building blocks (amino acids) into functioning proteins
http://micro.magnet.fsu.edu/cells/mitochondria/mitochondria.html


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