Nov 16, 2012
Morgan commented on
The Deepest Time in the Deepest Space.
The "known" universe... Why do we think the entire universe is expanding all at once, rather than some areas contracting, like the most massive black holes - down to the type of singularity that we see as the starting point of the big bang. We can't see those, because they're probably further away than 8 billion light years.
Aug 15, 2012
Morgan commented on
Anthropocene Today.
Glaciers are more visible and measurable than the hardship and famine that will result from increases in commodity prices caused by temporal and geographic shifts in precipitation distribution. This will affect developing countries disproportionately, and will favor the west economically - which adds insult to injury since we have contributed the vast majority of carbon emissions, and have resisted every effort to reduce output. Measuring the mortality caused by famine and water shortages will be difficult, but someone will eventually quantify the largest genocide in human history as the most tragic unintended consequence of the industrial revolution.
Jan 25, 2012
Morgan commented on
One of the Founders of Occupy Wall Street, David Graeber, Answers Your Questions on Slog.
First of all, I agree with you that Freedom of Assembly is protected under the Constitution, but we saw that right ignored during WTO as well as with multiple war protests, the RNC Convention and with the Occupy movement. Is there a coordinated effort to ensure that a class action lawsuit be brought against local governments to provide an opportunity for this issue to be resolved by the Supreme Court? If multiple lawsuits could be brought in several states, at least a few could reach the higher courts and could theoretically build a precedent preventing local law enforcement from dissolving popular movements before they have a chance to gain substantial traction.
Secondly, do you believe that it is even possible that a revision of the tax code coupled with a better regulatory framework and investment in educational opportunities - as proposed by the President last night - could provide a sufficient basis for reversing the general decline of the Middle Class and help to reign in the excessive profits of the wealthy; or has Citizens United precluded the ability of average Americans to affect political change in a meaningful way going forward?
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Nov 6, 2011
Morgan commented on
365 Days . . ..
Time to ramp up folks. Fuck our personal opinions. Tow the party line, cheerlead like hell and bring the sordid masses to the polls.
Apr 19, 2011
Morgan commented on
Neoliberalism By Other Means.
Let's not forget that the downgrading of mortgage and security houses (overvalued as they were) was the catalyst for the trading spiral that gutted the retirement funds of the middle class. Moody's and S&P's ratings reflected their relative valuation back when the public had no other mechanism by which to determine the stability and growth potential of a company or bond, these days Bloomberg offers more data than a rating ever could. Since the savings and Loan scandal most mutual funds are required to hold a certain percentage of AAA rated stock and bonds to be categorized as low risk. If a stock or bond is downgraded, algorithms trigger a sell command and those holdings are automatically offloaded. It's not a person who decides that the bond is worthless, it's a computer. And the decision to downgrade a stock or bond is made by a small cadre of guys in a bland room at S&P. These guys understand the consequences of such a decision, this is an empty threat nothing more and given the implications of their decisions, I'm not sure they should have that much authority.
Feb 1, 2011
Morgan commented on
Three Histories of the Current Revolution in Egypt.
I like the idea of cultural and religious evolution. It is almost as if cultures, religions, and perhaps even nation states, develop a collective psychology, similar to Freud's development of the ego. Religious or Cultural adolescence may occur at any age, but there seems to be a pattern at 1200-1600 years for religion and 100-400 years for cultural paradigms or political regimes. During this time there is increased conflict with opposing civilizations, cultural influences, political structures or neighboring/competing states. Or maybe not, but the ambition to independence as a natural evolution from a country ruled by ideology then dictatorship seems like growing up to me, and I think it is wonderful.
Dec 30, 2010
Morgan commented on
The True State of Capitalism.
Their research shows that the gains by the wealthiest were not a product of hard work or an invisible hand, but rather policies shaped by elected officials who may or may not have been swayed by campaign donations. Citizen's United has solidified the position and influence of money in politics (and therefore policy), and unless our markets are re-regulated and the tax burden is adjusted to lower the burden on the middle class and the poor - without eliminating additional public sector jobs - this trend will continue. The shift in our economic structure has destabilized the middle class and created a primarily service based economy. Unfortunately with fewer middle class consumers, this top heavy wealth distribution may not be sustainable because so many low level positions are dependent on a healthy and consumptive middle class to create the demand for their goods and services. In a consumer based society where the consumers can no longer afford to consume, one can only expect anemic growth. The rich might well have slain their golden goose with a thousand self interested paper cuts.
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