Archive for June, 2011

June 30, 2011

Aung San Suu Kyi. The Reith Lectures. (via magsmuse)


I’m going to take a side here and it’s not with the government of Burma.

James Pilant

Aung San Suu Kyi.  The Reith Lectures. SECURING FREEDOM/LIBERTY I believe that if you really want or need to say something, then you really should  have the freedom to gently clearly and directly speak that Truth.  A soul should not be denied. God will forever inspire us to articulate and seek the Truth.    It is an injustice to be wrongly convicted or under house arrest, spiritually or physically.  To communicate yourself, directly is so important, for through another you can never b … Read More

via magsmuse

June 30, 2011

Shareholders hammer Tepco over nuclear fiasco (via MY VOICE)


My favorite sentence -

Another investor shouted that Tepco’s executives should jump into their stricken reactors and die to take the blame for the fiasco.

Enjoy the article and remember that TEPCO has paid out more than 19 billion dollars in damages but that if this happened in America, the responsible utility company would be out less than a hundred million dollars due to our government protecting them from losses.

James Pilant

Shareholders hammer Tepco over nuclear fiasco By KAZUAKI NAGATA Staff writer Tokyo Electric Power Co. faced a six-hour barrage of heavy flak from shareholders Tuesday at their annual meeting, with management blasted over how it has handled the world’s worst nuclear accident since the 1986 Chernobyl disaster. Demonstrators gather outside Kyushu Electric Power Co.’s annual shareholders’ meeting in Fukuoka Prefecture. KYODO Many investors demanded to know why Tepco failed to foresee the tsunami … Read More

via MY VOICE

June 29, 2011

Dutch unease about society “understandable” (via Radio Netherlands International)


So it is not just us.

From the article -

“Cohesion in towns and villages has disappeared with the advent of individualisation, immigrants from around the world and an increasingly complex society,” said Mr Verhagen, leader of the Christian Democrats, junior partners in the Dutch coalition government. “It is no longer taken for granted that our children will have it better than we did.”

Cohesion is disappearing. I have been noticing for some years now that things as simple as common experiences are disappearing. When I try to use a movie as an example in class, only the biggest blockbusters will have been seen and, even then, often by less than half the class. Our culture seems to be fragmenting into individual units almost all of them focused on the personal and the trivial.

James Pilant

June 29, 2011

Saudi bans domestic workers from Indonesia, Philippines (via Radio Netherlands Worldwide)


It appears the Saudi government is attempting to set a record for mindless greed.

This is incredible. Read this little piece -

Earlier this year the Philippines asked Saudi Arabia to guarantee higher pay for Filipina housemaids but the request was turned down.

The Philippines demanded $400 in monthly wages for for housemaids but Saudi authorities offered a base monthly salary of $210, Filipino labour official Carlos Cao had told AFP in Manila in May.

So, let me get this straight, one of the richest nations on earth is unwilling to pay its maids almost $2 an hour but is willing to pay less than one dollar an hour?  (This is assuming a forty hour week which I find totally implausible. I figure 12 – 16 hour days with no weekends off.)

I’m sure this is great publicity for one of America’s closest allies and apparent beneficiary of the neo-liberal school of economics – which is a basic philosophy of unregulated capitalism. Well, here it is, unregulated capitalism in all it glory. Here we have not just greed but sexual harassment and physical violence, not to mention the occasional execution.

Read the article, you’ll find it interesting.

James Pilant

June 28, 2011

KPMG Study Shows Company Bosses Increasingly Commit Fraud (vis Ethics Sage)


The invaluable Ethics Sage has a new article.

I, in particular, like this paragraph -

I find it astonishing that corporate fraud continues to increase and top management is leading the way. The increase in the FRP statistic seems to bear out the spread of the cancer that has been attacking the capitalistic system during the past 20 years or so. Remember the “Greed is Good” mantra in Wall Street? Well it’s instructive to look at the entire quote by Gordon Gekko: “The new law of evolution in corporate America seems to be survival of the unfittest. Well, in my book you either do it right or you get eliminated…The  point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the            essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the uoward surge of mankind.”

I won’t spoil the article by revealing more. But I promise you if you subscribe and favorite the Ethics Sage, you will have little cause for regret and many reasons to be pleased with your good judgment.

James Pilant

June 28, 2011

What is Really Happening in the Foreclosure / REO Real Estate Process / Market? One Agent’s Point of View (via East Bay Real Estate: Caldecott Properties )


I like this.

He asks, “When will we do the right thing for all Americans?”

I would like the answer to that question myself.

James Pilant

This is a great article and it sums up the mortgage crisis brilliantly. JP

What is Really Happening in the Foreclosure / REO Real Estate Process / Market? One Agent's Point of View Is it possible there is a corrupted process at the very top (wall street executives, wall street investors, bank executives, hedge funds, etc.) Here is a thought: We know banks are not willing to reduce the principle loan amount for owners under water. That can easily be measured by the number of completed loan modification that include a principal reduction. Very (very) few: About 49,000 of all the proprietary modifications completed reduced bot … Read More

via East Bay Real Estate: Caldecott Properties

June 28, 2011

stand strong (via lazywednesdays)


Some poetry for you day and mine.

James Pilant

close the door stand strong don't give in to their chants and songs noisy excessive din be bold take control you have a job to do You won't be moved to their weakness no surrender stand up tall give your all their cries and pleas contagious disease look at them down there pathetic we are united you and I together we will make history we will change history Listen to me their fears and concerns will soon pass with them they'll forget what you did … Read More

via lazywednesdays

June 28, 2011

Nuclear Plant, Left for Dead, Shows a Pulse (via Energy)


You cannot kill these things.

Christopher Lee as Dracula in a mid-sixties Hammer film has the life span of a mayfly by comparison.

This nuclear plant, little more than a pile of looted wreckage is under consideration for construction.

I call upon anyone and every one for a little respect for the facts of the situation. Surely, we can think better than this?

James Pilant

By MATTHEW L. WALD/NYT HOLLYWOOD, Ala. — Spider webs line the 50-story cooling towers, parts have been amputated for the scrap value of their nickel or copper, and the control room still has analog dials at Bellefonte 1, a half-built nuclear plant here that was shelved 23 years ago. This does not seem like a particularly opportune moment to breathe life back into a reactor that was designed before the computer age. But its owner, the … Read More

via Energy

June 28, 2011

Rainbow 6 Leaked; Morality Plays Big (via The Lazy Geeks)


I am really impressed by this. It has been necessary for a long time. If the only way to keep score is to kill as many as possible, you kill as many as possible.

But the world is full of alternative actions. Morality and ethics are important, not only in the world of business but in war and peace.

I used to play a game called Fable in which your characters looks changed to match the moral quality of his actions. My character looked like a hero. No black hat for me.

This is a great development. Let’s give players more choices then choosing 5.45 over 5.56.

James Pilant

Rainbow 6 Leaked; Morality Plays Big Does anyone want to play a game that makes you have to deal with real life choices? Apparently, Ubisoft thinks you do. In a leak from Kotaku, it appears that the new Rainbow 6 game will have a “morality” engine. When you think about it, it is pretty bad ass. If this runs the way that Kotaku claims, it will be one of the most revolutionary games that has come out for First Person Shooters in a long time. I have detailed this game as more of a choo … Read More

via The Lazy Geeks

June 28, 2011

WHAT DO WE KNOW ABOUT HOW MUCH FREEPORT PRODUCES? (via West Papua Media Alerts)


This is a David vs. Goliath story, if there ever was one.

A lone blogger wants to call a giant American corporation to account for how much ore it takes out of his country.

Well, at least due to the internet, he can make the demand. I’m not sure we could make the company report how much it takes out of the U.S.

James Pilant

WHAT DO WE KNOW ABOUT HOW MUCH FREEPORT PRODUCES? JUBI, 22 June, 2011 It is still very difficult for the Mimika district administration to get information about the quantity of gold and copper produced by Freeport-Indonesia and how much is exported via Portsite, Amamapare. The head  of the mining, energy and minerals department of the Mimika a … Read More

via West Papua Media Alerts

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