Friday, July 11, 2008

Conspiracy theory or controversy?


Is the press focusing on black leaders and black controversy?
In what may seem to be a conspiracy theory in advance of a historic presidential race which may lead to the first black president in American history, stories about black people in power and their actions and reactions to racial issues are creeping into the headlines at an alarming rate.

In a moment reminiscent of the Human Stain, where Coleman Silk, a black professor passing for white innocently calls two black students he has never seen in his class "spooks" and inadvertently causes his own downfall, a black county commissioner in Dallas took umbrage when a white commissioner used the term "black hole" to describe how traffic tickets seem to get sucked into the county's collections office and never come out. From the reaction, you would think he said they were being processed in CP time.

This controversy came on the heels of a Denver Jazz singer's interpretive reworking of the National Anthem, prompting many reporters to get Barack Obama's response (strangely, I don't remember what John McCain said about it, nor do I see him being turned to whenever an elderly person does something controversial, like Max Mosley's S&M German war fantasy). This was followed by Jesse Jackson's swift apology for his hot mic castration comment on Barack Obama, before it even had the chance to blow up into a full-fledged controversy, and Charles Rangel's recent impromptu sidewalk press conference on his four rent-controlled apartments. These garden-variety (is that a safe term? Please don't misinterpret) scandals wouldn't mean much if there weren't a black Democratic Presidential Candidate with overwhelming support and a promise for true political change running against an aging, forgetful, and frankly, losing candidate on the Republican side.

What worries me is that these talking points, intentional or not, may come back as disassociated doubts in voter's minds come election day in November, thanks to some new studies reported recently in the Times ("Your Brain Lies to You"). This source amnesia occurs when facts, true or not, stored in the hippocampus, are transferred into long-term memory. Even if a lie is qualified as such, it can become true in the few months it takes to be transferred from short-term memory to long-term.

The studies go on to show that in the long run, the old adage is true, people only hear what they want to hear (unless they are encouraged to keep an open mind-- but who does that?). It doesn't help that the focus these days continues to be about race rather than unity.

Sources:
1. Jazzy Anthem
2. Jesse's nuts
3. Black holes
4. Rangel-controlled apartments
5. Human Stain book and movie
6. Mosley sex scandal
7. What is a fact anyway? (Your Brain Lies to You)

Gadget Reporter Goof

This is why I love comments.

Barron's Tech Trader Daily sent a reporter to stand in line for the new iPhone G3 and posted this initial entry:
"Barron’s Magazine gadget reporter Jay Palmer tells me he’s 14th in line to buy Apple’s (AAPL) iPhone 3G at the Apple store in Bridgewater Commons mall in central New Jersey, with about 100 people behind him..."

Later, they write:
"Update: Jay is leaving the Apple store, fuming mad. He says that after waiting for three hours, he’s been told he’s ineligible for a phone because of the 10% corporate discount he enjoys on his AT&T plan through Dow Jones, part of News Corp. (NWS) and publisher of this blog. Well, if you have some kind of corporate plan, you may experience some issues with your purchase, I guess. More on this once the smoke stops coming out of Jay’s ears."

Here are some of the better comments:

With all do respect, Jay needs to understand that it has been stated on the Apple website and other sources that corporate/business customers need to go to an AT&T store and not to an Apple store.
Comment by John - July 11, 2008 at 9:24 am

Yup, Jay didn’t do his homework. He didn’t watch the AT&T video, or read the Apple or AT&T webpages on what to do to avoid exactly what happened to him.
Do reporters actually do any work?
Comment by mark - July 11, 2008 at 9:28 am

What a retard. Sounds like someone should have done their research before camping out like a loser in front a store to be one of the first to get an iPhone. If it was that big of a deal he would have purchased it without the discount. Schmuck.
Comment by Kris - July 11, 2008 at 9:28 am

And more:

iphone? wireless? internet?
I still use my rotary dial Mickey Mouse phone. The ringer is even adjustable.
Comment by smarty123 - July 11, 2008 at 10:47 am

Can the iphone be used to call up people or is it just a walkie talkie?
Comment by curious - July 11, 2008 at 10:50 am

Thursday, June 5, 2008

Credit Crisis: Episode I: No Hope

I created a Star Wars crawl on the credit crisis, with the text from this AP story. I think Lucas could do wonders with a movie...

Update: The site was closed due to a Lucasfilm C&A. It was fun while it lasted. Maybe some day Mr. Lucas will charge us only $.99 to make our own. [7/11/08]

Update: The AP story is now gone. I found it, or what I think is the story on http://floridaloanspecialist.wordpress.com (searched for home foreclosures June 5, 2008 associated press on Google). [9/24/08]
WASHINGTON (AP) – June 5, 2008 – Home foreclosures and late payments set records over the first three months of the year and are expected to keep rising, stark signs of the housing crisis’ mounting damage to homeowners and the economy.
The latest snapshot of the mortgage market showed that the proportion of mortgages that fell into foreclosure soared to 0.99 percent in the January-through-March period. That surpassed the previous high of 0.83 percent over the last three months in 2007.
The report by the Mortgage Bankers Association also found that more homeowners slipped behind on their monthly payments.
The delinquency rate jumped to 6.35 percent in the first quarter, compared with 5.82 percent for the three months earlier. Payments are considered delinquent if they are 30 or more days past due.
Both the rate of new foreclosures and late payments were the highest on record going back to 1979.
Jay Brinkmann, the association’s vice president of research and economics, told The Associated Press that the slump in house prices was the biggest factor for rising foreclosures and late payments.
With prices expected to keep dropping, foreclosures and late payments “are going to continue to go up” in the months ahead, he said.
Homeowners with tarnished credit who have subprime adjustable-rate loans took the hardest hits. Foreclosures and late payments for these borrowers also swelled to all-time highs in the first quarter.
The percentage of subprime adjustable-rate mortgages that started the foreclosure process climbed to 6.35 percent. The rate was 5.29 percent in fourth quarter, the previous high.
Late payments rose to 22.07 percent from 20.02 percent, the previous high.
The association’s survey covers just over 45 million home loans.
More problems also cropped up with loans to more creditworthy borrowers.
The percentage of such loans falling into foreclosure was 0.54 percent, compared with 0.41 percent at the end of last year. Late payment rose to 3.71 percent, compared with 3.24 percent.
The numbers were higher for prime borrowers with adjustable rate mortgages. The proportion of those loans falling into foreclosures jumped to 1.55 percent from 1.06 percent. The delinquency rate rose to 6.78 percent, compared with 5.51 percent.
“The number one problem is the drop in home prices,” Brinkmann said. Declining prices, especially in newer built areas, “are hurting people’s ability to recover when they run into trouble – a divorce or loss of job,” he said. “In other days, you could sell the home. But because home prices have fallen so much, in many of those cases, the homes are going into foreclosure.”
California, Florida, Nevada and Arizona accounted for 89 percent of the total increase in new home foreclosures, he said. Those are places where prices have fallen sharply and there was a lot of home building, creating too much supply, Brinkmann said.
The housing crisis is at the center of the country’s economic troubles.
After a five-year boom, the market fell into a deep slump two years ago. That dragged down sales, and prices with it. As the value of homes plummeted, many newer homeowners found themselves owing more on their mortgages than their homes were worth.
Homeowners with adjustable-rate mortgages were clobbered when their initially low rates reset to much higher ones. That made it difficult, if not impossible, to keep up with monthly mortgage payments.
As foreclosures and late payments climbed, financial companies took multibillion losses when their investments in mortgage-backed securities soured. A credit crisis erupted and spread, crimping other types of financing. The fallout plunged Wall Street in turmoil, disrupting the normal functioning of markets.
All those troubles have pushed the economy to the brink of a recession, if the country isn’t already in one. Consumers and business have tightened their spending. Employers have cut more than a quarter-million jobs in the first four months of this year.
To bolster the economy, the Federal Reserve made aggressive interest rate cuts. That has helped homeowners facing rate resets on their adjustable-rate mortgages. But with inflation on the rise, Fed Chairman Ben Bernanke this week sent his strongest signal yet that the central bank’s rate-cutting campaign that started in September is coming to an end.
The Bush administration has taken steps to help distressed homeowners. It has urged lenders to freeze rates for some homeowners and encouraged lenders to rework mortgage terms so troubled borrowers can stay in their homes.
Congress is considering giving government-backed mortgages to thousands of strapped borrowers. The White House has expressed some concerns.
Source: ap.org

Wednesday, May 28, 2008

Get Hillary a Lozenge

Conspiracy theorists claim that Clinton coughed to avoid answering a question about the role Bill would play in her administration. I think it was just bad journalism.


satanchrist666 commented:

"Some body quick give that woman a cough drop. Then make her drink some water or pat her on her back, then ask her the question again. If she then chokes more she is most certainly faking it. Then wait until she is done faking the cough again and keep asking the question until she answers it. Never except a cough as an answer nor a way out of giving one. She stands in the way of truth like most people in her position. Remember she is merely an employee of yours! Demand truth from her!"

2baraddict wrote:
"choke on your lies Illuminati whore!!"

Link to video.

Reality Horror

Some more interesting conspiracy videos:
The 2012 Ouroborous Doomsday Clock (Part 1 of 9). Interesting discussion of the most recent complex crop circle (pictured below). I've got to find this guy's website. Check out antigrav777's profile for the other 8 parts.





Esoteric Agenda from www.talismanicidols.com. A frightening look inside inner circles and the one world religion. Not sure how real it is, but it makes for good reality horror (stuff that is more frightening if you believe it). Watch it soon as the youtube version was removed by the poster:

Update: Looks like the video was removed from Google too. [7/11/08]

Friday, May 23, 2008

Oil

Oh yeah, and oil would be up to $135 a barrel, which a year from now, will seem pretty cheap, when we're paying $6 a gallon at the pump, and there are riots in the streets that Homeland Security is suppressing. Maybe the conspiracy theorists aren't so crazy after all.

Update: At close to $150 a barrel, $135 sounds cheap! [7/11/08]

Triphop

It's like 1995 is back again.
Tricky's coming out with a new album, Knowle West Boy, due out in the UK on July 7. US release Sep 9th. Single is Council Estate. Video currently on the website with other preview tracks. Single out June 30. You can download parts of it to make your own remix on the Knowle West Boy site. More news here. Brown Punk (Tricky's label).

Portishead just released Third

Martina Topley Bird just released The Blue God

Maybe Hope Sandoval will release something soon.