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  • Is The Recent 10-Year Reversal Also Signaling A Huge Fall In The Market?

    One of our readers sends us an update of one of our favorite technical charts showing a very long-term perspective on the 10-year. Yields have been falling again, amidst the general flight-to-safety (today notwithstanding).

    As you can see, and you need to really click on the image to blow it up, each time the 10-year yield bounces off the top part of this particular channel, the stock market has taken a turn for the worse. (And usually it coincides with a crisis).

    Click to enlarge:

    ten-year

    Join the conversation about this story »

  • Color, Commencement-style

    Harvard’s Commencement Day, May 27, included myriad sights, sounds, and experiences beyond the main stage. Here are some samples.

    Early risers

    Members of Autumn River Brass, the five-piece band that serenaded Dunster House with classical music at 6 a.m., didn’t take the complaints of disturbed sleepers to heart. When someone complained from a window about being awakened, the group simply played on. “We didn’t mind; that’s the point,” laughed trumpet player Fred Sienkiewicz. Later, the group escorted seniors into the Old Yard with a selection of Dixieland songs. By 7:30 a.m. the ensemble was done and ready for rest. “We’re musicians,” said trumpet player Yaure Muniz. “We’re headed back to bed.”

    Lots of love

    For eight years, Joe Fabiano has kept watch at Mather House as a security guard. On Thursday, he kept watch at a gate to Harvard Yard, as he has also done for eight years, and welcomed his flock of students to the Morning Exercises. Moving a white barrier aside, Fabiano smiled and waved as the procession of students and faculty, led by a bagpiper, filed by. Students waved back and offered a happy “Hi, Joe,” him. Many stopped for hugs. Fabiano encouraged their procession. “Let’s hear it for Mather,” he hollered, along with “Good luck!” He replaced the gate after the last senior was through and remarked softly, “I love these kids.”

    Radcliffe reminiscences

    Two Radcliffe alumnae dressed in black with top hats and black and red batons warmly directed traffic through the Old Yard, in their duties as official marshals for the day. Pausing briefly to reflect on their own time at Harvard, Vaughan Castellanos Barton and Rosemary Bonanno, both from the Radcliffe Class of 1955, laughed as they recalled some of the changes that have taken place at the Cambridge institution since they graduated 55 years ago. One of the biggest updates: male/female fraternizing. “We weren’t allowed in Lamont Library,” recalled Bonanno, “because it would be too distracting to the young men there.”

    Fond memories

    Senior Anthony Pino of Leverett House posed for photos and received a bear hug from his aunt next to the statue of John Harvard in front of University Hall. The tall economics concentrator, who intends to work for a venture capital firm before entering Harvard Business School, said he “could not feel more fortunate” about his undergraduate years. At Harvard, he said, “You get lots of new ideas, new ways of thinking about things, and a whole lot of fun, and people that you love, and that’s great.” One “memory” for Pino was jumping off the Weeks Memorial Footbridge. “I may or may not have done that,” said a coy Pino, who may or may not have been wearing just his underwear when he (possibly) took the plunge.

    Pied piper

    Alasdair Halliday ’82, senior associate director of University Planned Giving — clad in a Macbeth clan dress kilt — was outfitted for his other role at today’s Commencement ceremony: official bagpiper for his Harvard College class. Asked to return for his 25th reunion and provide some songs, he so pleased classmates with his work that they have invited him back every year since. Halliday, a songwriter and jazz pianist who once played bagpipes for Ella Fitzgerald, serenaded his class with tunes such as “Scotland the Brave” and “Amazing Grace.”

    Taking direction

    For most Harvard Commencements, you’ll find Frederick H. Abernathy perched on a low platform near Johnston Gate, directing traffic made up of the alumni, faculty, honorands, students, and visitors who crowd into Harvard Yard for the traditional Morning Exercises. (He is Gordon McKay Professor of Mechanical Engineering and Abbott and James Lawrence Research Professor of Engineering.) This time, Abernathy kept up a patter of prescriptions. He warned speed-walking honorands, for instance, to slow down. (Meryl Streep, at the head of that line, took direction well.) At one point, Abernathy also gently admonished the reuniting Class of 1985 to get off the sidewalks and out of the way of the forming procession. “When you come to College, you’re told to stay off the lawn,” he said in his trademark radio-pipes voice. “Well, you’re not in College now. Please get on the lawn.”

    Good without directions

    Lining up in the Academic Procession does not always come with exact directions. At the last minute, a few members of Harvard’s corps of 36 chaplains were looking for a place to go. “Let it be noted,” said Humanist Chaplain Greg Epstein, M.T.S. ’07, author of the bestselling “Good Without God” (2009), “the chaplains don’t know where to stand.”

    In the front row

    George Barner ’29 had a front-row seat at Commencement’s Afternoon Exercises— and it might as well have been the seat of honor. Barner is the lone survivor of Commencement 81 years ago, and he represented the Harvard class that goes furthest back in time. When Barner arrived on campus, as a transfer student from Grinnell College in Iowa, Charles Lindbergh had recently piloted the Spirit of St. Louis to Paris. In those days, the Harvard House system was still a daydream. “We lived wherever we could live,” said Barner, 101, and a retired lawyer living in Kennebunk, Maine. He bunked in the Sigma Alpha Epsilon fraternity house on Boylston Street, and briefly at a near-empty dorm at the Harvard Business School — an institution then less than 20 years old. Barner’s happiest memories are of theater, especially the annual musicals put on by Pi Eta, a long-vanished competitor to Hasty Pudding. His last production, in the spring of 1929, was “Wrong Again.” Barner wrote the book, and Harold Adamson wrote the lyrics. (Adamson, later a contract songwriter at MGM, wrote the classic “It’s a Wonderful World,” as well as the theme song for TV’s “I Love Lucy.”) As for his alma mater, “Harvard changes every year,” said Barner. “For the better, I think.”

  • Legendary Pontiac ad-man Jim Wangers selling off his collection

    Filed under: , , ,

    Jim Wangers’ 1969 Pontiac GTO Judge – Click above for high-res image gallery

    Got a hankering for a new Pontiac? Well, we’ve got bad news, then… you can’t get one. But today we can offer up something even better: a new-to-you classic Pontiac GTO, Firebird, Trans Am, or even a Holden Commodore HSV GTS-R. Now we’re talking.

    The cars in question come from the personal collection of Jim Wangers, who famously served as Pontiac chief marketing manager during the brand’s halcyon days of muscle cars, sportscars and a favored position right behind Chevrolet in General Motors‘ brand index. As such, we’d expect these 10 machines to be excellent examples of the breed.

    Now, on to the actual cars. First up is a 1965 GTO Sport Coupe, a car that represents the second year of the model’s existence and stands as a tribute to the classically warmed-over Royal Bobcat cars. If wind-in-your-hair motoring is more your style, may we direct you to the droptop 1966 Goat behind door number two. Also available are two Carousel Red (a.k.a. ‘orange’) GTO Judges from 1969.

    Perhaps you prefer the F-body? Choose from a first-year Firebird from 1967, a real 1969 Trans Am (super rare, very expensive), a 1979 Trans Am 10th Anniversary car with less than 100 miles on the odometer, a 20th Anniversary Trans Am with the turbocharged V6 engine from the Buick Grand National from 1989 or, finally, a white and blue 30th Anniversary Trans Am convertible.

    Still not caught your fancy? Well, there’s one more option: the aforementioned year 2000 Holden Commodore HSV GTS-R, which Wangers describes as “the very car that inspired Bob Lutz to seek from Holden (GM’s Australian car maker) a car for U.S. buyers – the ’04 Pontiac GTO.” Interested? Peep at the gallery below and then click here for the rest of the details.

    [Source: GeeTO Tiger via Motorator]

    Legendary Pontiac ad-man Jim Wangers selling off his collection originally appeared on Autoblog on Thu, 27 May 2010 19:29:00 EST. Please see our terms for use of feeds.

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  • Ford podría decirle adiós al Mercury en Julio

    logo_mercury_posible_cierreAunque el fabricante norteamericano trató de mantener con vida esta marca; la actual situación económica que se vive a nivel global, así como la imparable caída en ventas que ha tenido el coche desde el 2000, obligan a Ford a estudiar la viabilidad de su producto.

    El Mercury forma parte importante de la historia de Ford porque gracias a este coche y al Lincoln los usuarios norteamericanos se identificaron plenamente con la compañía después de la gran depresión ecónomica de 1929; sin embargo este sentimiento ha desaparecido en los últimos 30 años por diversas razones, e incluso de los modelos actuales sólo el Milan tiene un relativo éxito pero estas cifras lamentablemente no generan ganancias.

    Por lo tanto no es extraño que los medios informen que altos ejecutivos de la empresa están elaborando un plan para quitarse la piedra del zapato; por otro lado los descendientes de la familia fundadora que actualmente ocupan cargos importantes dentro de la compañía se limitan a reservar sus opiniones.

    La propuesta será presentada ante la junta directiva en Julio, así que el futuro de la marca dependerá exclusivamente del análisis que se realizará durante esa reunión. De esa forma podría llegar el fin de una era, pues Mercury fue la creación de Edsel Ford en 1939.

    Vía | Auto News



  • Blake Lively for Vogue June 2010 Issue

    Blake Lively graces the cover of Vogue for its June issue. The young starlet who is the star of Gossip Girls takes the photoshoot to the beach and expresses her California girl persona.

    Continue reading for more images.








    Source: Egotastic


  • Rahm Emanuel faced right-wing hecklers in Jerusalem

    WASHINGTON–In Jerusalem, White House Chief of Staff Rahm Emanuel drew right right wing hecklers on Thursday but ended up being able to pray at the Western Wall in an emotional visit. The extended Emanuel family is in Israel for the bar mitzvah of Emanuel’s son Zach and a nephew–with his movements closed tracked by the Israeli press.

    “Emanuel, son pray at Kotel after right-wingers banned,” Jerusalem Post report here.

    The lede: “US President Barack Obama’s chief of staff Rahm Emanuel prayed peacefully at the Western Wall on Thursday after police detained right-wing activists Itamar Ben-Gvir and Baruch Marzel, and after Emanuel successfully evaded the press.”


    Emanuel and right-wing protestors story by McClatchy Newspapers here.

  • OLPC tablet to have dual-mode screen, run Android, be at CES 2011


    The One Laptop Per Child program’s leader, Nicholas Negroponte, showed off some renderings of the XO-3 tablet, and announced several new details at an MIT Media Lab event. The occasion for the presentation was a partnership with Marvell, whose extremely low-cost Moby tablet design surfaced a few months ago. They’re working with Marvell (and Pixel Qi, reportedly) to produce this new tablet, which they are hoping will cost only $75.

    The tablet will show at CES 2011, but it won’t be final, said Negroponte: the main difficulty is getting the construction to be all-plastic, and by the start of 2011 they will likely still have to rely on a glass screen. He said it would use an ARM processor and run Android at first, although the final product will probably feature their own custom OS. The first prototypes we’ll see will be more Moby-like and less XO-like, so don’t get your hopes up about those renders.


  • Playing the Dr. Who Theme With Millions of Volts of Electricity [Electricity]

    ArcAttack graced us with their musical Tesla coils—and an entertaining interview—at last year’s Gizmodo Gallery. And as impressed as we were with their performance then, I’m downright giddy that they’ve added the Dr. Who theme to their repertoire. More »










    ArcAttackBusiness and EconomyTesla MotorsModelsToyota

  • Daily U-Turn: What you missed on 5.27.10

    First Drive: 2011 Ford Shelby GT500 is a heart-starting jolt

    What makes the 2011 GT500 better than its predecessor? A lot more than just 550 horsepower.

    First Drive: 2011 Audi Q7 downsizes with an upside

    If there’s to be a singular automotive theme guiding us into the second decade of the 21st century, it’s downsizing. If not in dimensions, then in displacement. And the newest posterchild comes in an unlikely wrapper: the 2011 Audi Q7.

    Daily U-Turn: What you missed on 5.27.10 originally appeared on Autoblog on Thu, 27 May 2010 19:20:00 EST. Please see our terms for use of feeds.

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  • Followup: Scramjet test a success | Bad Astronomy

    airforce_scramjetABC news is reporting that the Air Force tested the X-51A scramjet yesterday, and that it successfully fired for 200 seconds, blowing away — literally — the previous record of 12 seconds.

    Very cool. So screw getting your own jet pack. When do we get our own Mach 6 personal scrampacks*?

    Tip o’ the windscreen to Slashdot.




    *Scrampack™ is a trademark of Phil Plait and Bad Astronomy, LLC. Any use except by the military, which could bomb my neighborhood at 7000 kph, is prohibited.


  • Aaron’s HTC Legend review

    HTC Legend

    Overview

    What’s Good: Gorgeous hardware; not laggy thanks to upgraded processor and Android 2.1.

    What’s Bad: No US version just yet, so purchasers are stuck with EDGE.

    Verdict: The HTC Legend is a great mid-range Android device, and the most beautiful Android phone I’ve worked with to date.  I just wish it was available on AT&T or T-Mobile.

    Introduction

    Legend 1

    Announced several months ago, I can honestly say that I wish the Legend would come to the United States.  Designated as the successor to the HTC Hero, the unibody aluminum frame is absolutely gorgeous.  Though the device offers physical buttons below the display instead of the capacitive touch buttons we’re used to on devices like the DROID, Incredible, and EVO 4G, it does offer HTC’s optical trackpad and Android 2.1.  That being said, is the HTC Legend’s beauty the only thing going for it, or is it worthwhile under the hood as well?

    Design & Features

    Legend 2

    Coming in at 4.41 inches long by 2.22 inches wide by 0.45 inch thick, the device weighs 4.44 ounces, making it one of the lighter Android-powered smartphones on the market.  The Legend offers a 3.2-inch 320 x 480 HVGA AMOLED touchscreen, and while it’s no 3.7-inch display, it gets the job done.  The device is powered by a 600 MHz Qualcomm processor and offers 512 MB ROM, 384 MB RAM, Android 2.1 with HTC’s Sense UI, 3.5mm headphone jack, and a microSD card slot with support for up to 32 GB.  Save for the plastic surrounding the camera and the battery door, the HTC Legend is made of one piece of aluminum.  Resembling something from the Apple MacBook Pro line, it’s absolutely gorgeous, and I found myself wishing that every HTC Android device was made this way. 

    Legend 3

    Since the Legend I’m working with is unlocked and unbranded, packaging will likely change depending on what country it is sold in.  That being said, the device shipped with an AC adapter, USB cable (which doubles as the charging cord), and earbuds.  The device itself is incredibly minimalist in design, with the only physical buttons (besides the four on the front of the unit) being the volume rocker and the power button.  The Legend also offers a 3.5mm headphone jack and HTC’s new optical trackpad.  The camera, speaker, and battery/SIM card door can be found on the back.

    Legend 4

    On that topic, the HTC Legend’s battery compartment is different than any other device I’ve seen in recent years.  To access, simply slide the bottom plastic piece down, and pull back on the clear plastic piece underneath.  From there, you’ll see the SIM card slot, microSD card slot, and battery area.  It’s unique and amazing, really.  All in all, it’s quite the solid device, and it’s nice to see that a good level of detail went into a mid-range device.

    Usability & Performance

    Legend 5

    The Legend offers Android 2.1 with HTC’s Sense UI installed over it.  I’ve said it before, and I’ll say it again – though 2.1 (and 2.2, by the time you’re reading this) have done a great job bridging the divide, I still think the vanilla version of Android is ever-so-slightly unrefined.  Simply put, HTC has done an absolutely fantastic job with the Sense overlay, and in my opinion, it makes the device perfect for the regular consumer.  All in all, it will ultimately boil down to personal preference, but as someone who is well-versed in all versions of Android, I still prefer carrying a Sense-enabled device. 

    I’ve always liked HTC’s custom keyboard that is found on the company’s Sense-equipped handsets, and that doesn’t change with the Legend.  It’s easy to type on, offers fantastic auto-correction services, and has no lag whatsoever (a welcome change from the Hero and DROID Eris).  I was able to type out e-mails, text messages, and instant messages with ease. 

    Legend 6

    The Legend offers the same 5.0-megapixel camera that is used on the DROID Eris and Hero, and picture quality was just as good.  Colors were crisp, and the autofocus works well.  Editing options include brightness, contrast, saturation, sharpness, color effect, white balance, resolution (four different options), quality (high, fine, or normal), and more.

    Legend 7

    In regards to battery life, the Legend offers just over 7 hours of talk time, and 560 hours of standby time.  Though it was used on EDGE during the test period, the Legend performed well in battery life tests.  With moderate to heavy use including calling, text messaging, instant messaging, browsing the internet, use of Google Maps, and browsing through the Android Market, I was able to make it just under 1 1/2 days before the device powered down.  Though it’s no battery life champion, it seems to fall right in line with other mid-range Android devices on the market.

    Legend 8

    The Legend I’ve been working with is an unlocked European version (supporting 3G in the 900 and 2100 MHz bands), so I haven’t been able to test anything beyond EDGE on T-Mobile and AT&T.  Still, data speeds were reasonable given the network limitations, and call quality was very good on both networks.  Callers were able to hear me, and I was able to hear them without issue.  I took the device to a known T-Mobile and AT&T trouble spot in the Charlotte metropolitan area, and found the call quality to be very good, even with no “bars” of service.  Speakerphone worked well in the busy department store it was tested in, and my Plantronics Voyager Pro headset connected without issue.

    Conclusion

    Legend 9

    Are there other Android devices on the market that are more powerful?  Yes.  However, when looking at the Legend as the successor to the HTC Hero (which is what it is), it puts it into perspective.  The unibody design is absolutely gorgeous, the optical trackpad is a welcome improvement, and the improved processor combined with Android 2.1 makes this my favorite mid-range Android device to date.  I’d just like to see it in the United States (with support for AT&T or T-Mobile’s 3G) at some point.


  • Video of Sling Player for Android Running on the Sprint Evo 4G Surfaces

    Click here to view the embedded video.

    Are you ready for Sling Player on Android? I know I am.  If the above video is any indication of how great it will be we all should be looking forward to this.  Check it out folks! Multiple times if necessary!

    Source: Android Central

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  • Facebook Provides Tools To Make Android Apps More Social


    Facebook Mobile on iPhone

    This time it is Facebook that allowing developers to integrate social networking into their Android applications. Last week, it was MySpace that released a software developer tool kit.

    Facebook made the announcement on their blog today, saying that their SDK—which already supported iPhone and mobile websites—is now up to speed on Android. TechCrunch notes that there have been ways to integrate Facebook into Android applications before now, but that these have really been hacked together from the iPhone SDK, and weren’t really official.

    The SDKs are helpful for things like letting users login into your app using their Facebook account, and in the case of MySpace (NYSE: NWS), updating their statuses without leaving the application.


  • Emma Roberts “Scream 4″ Casting

    Emma Roberts has joined the cast of New Line’s hotly-anticipated slasher flick, Scream 4, Entertainment Weekly said Thursday.

    The Nancy Drew star, 19, has landed the role of Jill, a main character in the horror revival — directed and produced by veteran lensman Wes Craven.

    “Emma’s talent, beauty and range will add immensely to the sophistication, intensity and fun of the Scream franchise as it returns to the screen once more,” Craven said praising the rising starlet in a statement issued this afternoon.

    “I’m so excited to be part of this groundbreaking franchise,” an ecstatic Emma exclaimed. “It’s the perfect opportunity for me to do something completely different than I’ve ever done before.”

    According to a scoop from The Hollywood Reporter, Twilight actress Ashley Greene, former Heroes starlet Hayden Panettiere, Lake Bell, and Rory Culkin of Twelve fame have also been offered starring roles as the new generation of murder victims in Scream 4.

    David Arquette, Courteney Cox, and Neve Campbell — who starred as Dewey, Gail, and Sidney, respectively, in the first three Scream films — will reprise their roles in the forthcoming flick.

    Scream 4 opens in theaters April 15. Shooting is expected to begin in Chicago in early July.


  • Ljung – Spring/Summer 2010 Collection

    Ljung was named after the the small town designer Marcus Larsson was from. According to the brand, “Ljung’s philosophy lies in a fundamental belief: that New-tailored multifunctionalism is the secret key to leading a seamless existence. Therefore the focus of Ljung is to enhance razor-sharp, dressed styles with the practicality of functional details.” For Spring/Summer 2010, Ljung brings a new type of elegance to the way men dress. It’s an intelligent mixture of Dandyism that can be found in their simple and stylish silhouettes. Minor details such as elbow patches on blazers, contrasting color stripes on tees and shorts, and more are just some of the dandy details coming from the range.

    Continue reading for more images.












  • Experts to FDA: Time to Update Fish Recommendations

    We’ve pointed out many times that Americans’ hysteria over trace levels of mercury in fish is just that—hysteria. The health risks from mercury (some of which is all-natural) are vanishingly small compared to the well-documented health benefits of eating fish. And now here’s some good news: Cornell University professor Tom Brenna and London Metropolitan University professor Michael Crawford have written an open letter to FDA commissioner Margaret Hamburg, calling on her agency to update its 2004 fish consumption advisory to reflect health research that has since become available.

    The FDA’s 2004 advisory states that women who are or may become pregnant should limit their consumption of fish due to concerns about the effects of mercury on fetuses and young children. The open letter informs Hamburg that it’s not realistic to continue to use this advisory:

    The core problem is that the benefits of fish could not be appropriately considered in 2004.  Current science has advanced to the point where it is no longer consistent with the recommendation to limit consumption of all fish to a maximum of 12 ounces per week for pregnant and lactating women and women who may become pregnant.   There is persuasive new evidence that consumption of more than 12 ounces per week of most marketplace species will actually improve fetal neurodevelopment.  This improvement occurs in spite of methyl-mercury in most, if not all fish.       

    The adverse consequences of inadequate fish consumption could be significant.  According to the research published since 2004, fish consumption during pregnancy can raise neurodevelopmental performance including IQ from fractions of an IQ point to as much as five points depending on the amounts and types of fish consumed.  It appears that maximizing this beneficial effect can often involve consumption beyond 12 ounces per week, again depending upon the species.   

    Professors Brenna and Crawford note that the FDA already developed a Draft Risk & Benefit Assessment last year to help weigh the pros and cons of eating certain kinds of fish. And they urge Hamburg to “complete work on this assessment on a priority basis.” Hear, hear.

    For those looking for a user-friendly tool in the mean-time, we recommend our HowMuchFish.com website. It provides realistic estimates of, well—how much of certain fish species Americans can safely eat, as well as a breakdown of the nutrients they provide.

    Pass it around, and be sure to stay tuned—we’ll be expanding HowMuchFish.com in the coming weeks. As for the open letter to the FDA, it’s open to additional signatories—and it appears the list is already growing.

  • Alfa MiTo Kit-One from Magneti Marelli Elaborazione isn’t the GTA

    Filed under: , , , ,

    Alfa Romeo MiTo Kit-One by Magneti Marelli Elaborazione – Click above for high-res image gallery

    Upon reading his own obituary, Mark Twain once famously quipped, “The report of my death was an exaggeration.” Turns out, with apologies to the famous poet, that the same could be said of the Alfa Romeo MiTo GTA. The project may or may not be dead, but what we can tell you for certain is the spy shots that surfaced a couple of weeks ago were not of the GTA.

    What we were actually looking at is a tuning kit by Magneti Marelli. Those who recognize the name may know it as Fiat‘s electronics division and a major OEM supplier, which produces everything from ECUs to headlights. It worked with Ford and Microsoft on the development of the Sync and Blue&Me in-car computer systems, and developed the Kinetic Energy Recovery System for Ferrari. In fact, the company’s scope reaches so far that they claim their parts are in just about every new car on the road today, wherever it’s made. Now the company is launching its own tuning division called Magneti Marelli Elaborazioni. The MiTo spied – as astute commenter “adpb” pointed out – was actually their first product, called the Kit-One.

    The modification package is comprised of stiffer springs than lower the car by 30 millimeters, the “Parco Chiuso” dual-exit exhaust system with bypass valve, 305mm Brembo disc brakes, a competition ECU good for an extra 31 horsepower, 18-inch matte black wheels and a rather divisive body kit made by Carrozzeria Castagna Milano (who you might remember for their Aznom Corvette and various Fiat 500s) of which only 200 sets will be made. Each item can be ordered separately, and the division has also got packages in the works for the Fiat 500 and Grande Punto. And with their new facility going up in Auburn Hills, Michigan, we wouldn’t be entirely surprised to see them modifying Chryslers, Dodges and Jeeps in the near future. In the meantime you can check out the MiTo with the Kit-One in the gallery below.

    [Source: Magnetti Marelli Elaborazioni]

    Alfa MiTo Kit-One from Magneti Marelli Elaborazione isn’t the GTA originally appeared on Autoblog on Thu, 27 May 2010 18:58:00 EST. Please see our terms for use of feeds.

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  • The Climate Post: BP oil spill washes up on Potomac shores

    by Eric Roston.

    First things first: Oil-spill updates
    continue to gush out of the Gulf and Washington at volumes difficult to
    estimate. BP initiated its risky “top kill” maneuver Wednesday and the
    Coast Guard reported cautiously this morning that the oil stream has
    abated. If the effort works, BP will begin to plug the well with concrete in the next day or so. President Barack Obama
    held his first press conference in 308 days this afternoon. He placed a
    moratorium on new deepwater drilling permits for six months and ordered
    the Interior Department to expedite its reforms of the key oil-industry
    regulatory office.

    Blame has lapped up on the shores of the Potomac as crude sullies the
    Gulf coast, destroying livelihoods and wildlife. Obama spoke today
    after a week when scrutiny of the disaster led directly to the
    Department of Interior’s Minerals Management. A report from Interior’s
    inspector general accuses officials there of gross conflicts of interest
    and misconduct prior to 2007 (The report was commissioned before the
    accident but accelerated after).

    Acting IG Mary Kendall writes to Interior Secretary Ken Salazar [PDF], “Of greatest
    concern to me is the environment in which these inspectors
    operate-particularly the ease with which they move between industry and
    government. While not included in our report, we discovered that the
    individuals involved in the fraternizing and gift exchange-both
    government and industry-have often known one another since childhood.
    Their relationships were formed well before they took their jobs with
    industry or government.” The report catalogs gifts, drug use,
    pornography, and fraternizing between the regulators and the regulated,
    including an incident when an MMS official interviewed for a job while
    on an inspection. The official found no violations and later got the
    job. Earlier today MMS chief Elizabeth Birnbaum was fired or quit—the president wasn’t sure-knocking one question off this list.

    U.S. Geological Survey scientists have concluded that the
    disaster has unleashed between 17 and 39 million gallons of oil into the
    Gulf, making it far larger than the Exxon Valdez, previously the worst
    spill in U.S. history.

    Nicholas Institute colleagues, led by Director Tim Profeta, held a
    wide-ranging panel on the oil spill, the state of energy legislation,
    and other issues in climate policy. View the second Nicholas Institute
    EnLIST webinar here.

    Let the investigations begin: A BP official
    argued with oil rig engineers 11 hours before the April 20 explosion, about
    whether or not to drain drilling mud that protected the riser where the
    well meets the rig.  The BP official, Donald Vidrine, was supposed to
    appear today at hearings conducted by MMS and the Coast Guard but called
    in sick. Earlier hearings revealed that BP was a month and a half
    behind operations on the rig it was paying $533,000 a day to use. Check
    out MSNBC’s Rachel Maddow in a report on how little safety questions and technology have changed in a
    generation.

    Some journalists in the Gulf report heavy-handed treatment from BP
    staff and the local and federal officials who are working with them. BP
    and civic employees have restricted or prevented access to contaminated beaches and interfered with
    flyovers. A Mother Jones reporter, Mac McClelland, explains how tightly BP reins in local law enforcement personnel, and a CBS News
    crew was threatened with arrest.

    Renewable renewable forecasting: A month
    before the 2008 election, the New York Observer depicted presidential candidates McCain and Obama respectively as the original Star
    Trek
    ‘s impetuous hot-head Captain James T. Kirk and cool
    deliberator Mr. Spock. That caricature of the now-president is probably a
    good starting point to Christopher Beam’s questions to Slate readers this week: Why aren’t Democrats exploiting the spill
    emotionally? Shouldn’t the oil spill “make comprehensive energy
    legislation more likely, if not inevitable” rather than less
    likely? He writes, “There would come a point, you’d think, when the oil
    spill was such an unmitigated disaster, environmentally and politically,
    that Republicans would set aside their ultimatums about drilling,
    Democrats would set aside their paranoia about it, and members of both
    parties would support alternative energy legislation. Not all of them.
    Just a handful would be enough.” As for Obama, the New York Times’ Jeff Zeleny describes his demeanor this way:

    ‘Every day I see this
    leak continue I am angry and frustrated as well,’ Mr. Obama said, his
    words not rising with volume or intensity.

    The narrative in the legacy
    media appears to suggest that the downside to having a president that
    doesn’t lose is cool is that he doesn’t lose his cool.

    Before tempers elevated to the point where Obama called his first
    press conference, public management of the crisis took the president to
    Silicon Valley, where he visited thin-film solar panel maker Solyndra.
    In requisite remarks about clean energy, he also mentioned Tesla Motors’
    $465 million loan from the Department of Energy and its work with
    Toyota to build electric cars. The San Jose Mercury News dangles this line into its piece about Obama’s Solyndra visit without
    elaboration: “The visit, Obama’s second to the Bay Area since becoming
    president, shone a spotlight on Solyndra, a Silicon Valley company that
    has tried to avoid publicity as it prepares for its initial public
    offering of stock.” Now, if you wanted to avoid publicity, would you
    invite the president over?

    What will the future of renewable energy look like? Michael Levi of
    the Council of Foreign Relations picks up a World Bank paper that analyzes 116 projections for renewable energy growth conducted over 36 years.
    The trend: No discernible trend?

    Meanwhile, back in low gear…: The
    international climate conversation remains in a holding pattern. China reduced expectations, such as they are, for some kind of formal agreement in
    Cancun later this year, striving instead for a “positive result.”
    (Cleaning up before the guests come? Cancun mayor arrested for drug trafficking and money laundering.) Outgoing U.N. climate chief
    Yvo de Boer said that international talks in Bonn next week will try to graft parts of the December Copenhagen Accord into the formal U.N. process.
    Europe, left out of the key meeting between the U.S. and developing
    powers in Copenhagen, unilaterally upped its greenhouse gas emissions goals from 20 percent to 30 percent below
    1990 levels by 2020. The E.U.‘s chief climate official is under fire for failing to crack down on fraud in the continent’s carbon market.

    Developed nations have chipped in $4 billion to slow deforestation, a half billion dollars more than
    they agreed to at the Copenhagen climate negotiations in December. By
    2030, U.S. farmers could see more than $200 billion in gains as avoided
    deforestation removes unfair competition from the global market.

    Greenland moving up in the world: Scientists continue to study ice loss in Greenland, a much-watched field
    of research. A new paper in Nature Geoscience reports that
    territory’s land itself (call it Greenlandland) is rising an inch per year as the ice above it recedes.

    The 2010 hurricane season begins June 1. The National Oceanic and
    Atmospheric Administration predicts a very active hurricane season: “If the 2010 activity reaches the upper
    end of our predicted ranges, it will be one of the most active seasons
    on record.”

    The oil spill lays bare the difficulty at the heart of communicating
    climate change risk: There’s no single company or administration to
    denounce and no poisonous gunk killing fisheries and suffocating
    ecosystems. Nations of the world would have addressed the problem long
    ago if greenhouse gas pollution rained back down as tar balls. One mile
    of highway driving spews a pound of carbon dioxide into the atmosphere.
    Imagine if all drivers threw a pound of trash out their windows every
    mile they drove. The trash would pile up. (Climate Post Trivial
    Pursuit!: Whose analogy is this? Can’t remember or find it.)

    So … with the spill looking like it might be capped, we expect to
    return you soon to your regular invisible, odorless, slow-acting, and
    globally dispersed pollution concerns.

    Related Links:

    Michigan: Where U.S. clean energy, emissions, efficiency policy really counts

    Obama preaches green tech gospel to California choir

    The Climate Post: BP Oil Spill Washes up Potomac






  • Plain language, complex meanings

    In a Commencement Day speech to Harvard’s graduates, former U.S. Supreme Court Justice David Souter said Thursday (May 27) that judges have no choice but to interpret the U.S. Constitution beyond its plain language, and he criticized those who argue that its meaning “lies there … waiting for a judge to read it fairly.”

    He said that though specific parts of the Constitution may be plainly and clearly written, judges are charged with interpreting the entire governing document. Its multiple guarantees are often conflicting and must be settled from the bench. Further, Souter said, the judicial interpretation of facts can change over time, so judges have to “understand their … meaning for the living.”

    Souter said a black-and-white interpretation “fails to account for what the Constitution actually says, and fails just as badly to understand what judges have no choice but to do.” Souter took aim at what he termed the “fair reading” model of constitutional analysis as simplistic and prone to “discourage our tenacity … to keep the constitutional promises the nation has made.”

    “The Constitution embodies the desire of the American people, like most people, to have things both ways,” Souter said. “We want order and security, and we also want liberty. We want not only liberty, but equality as well. These paired desires of ours can clash, and when they do, a court is forced to choose between them.”

    Souter, who stepped down from the court last June after 19 years, was the main speaker at Commencement Exercises, and received an honorary doctor of laws degree earlier in the day. In his 30-minute speech, delivered outdoors at Tercentenary Theatre during the annual meeting of the Harvard Alumni Association, Souter said there are some cases where a simple reading of the Constitution’s language suffices to settle the outcome, but those are not the cases that make it all the way to the Supreme Court.

    Some cases that do, he said, stem from open-ended guarantees made in the Constitution, such as due process and equal protection. But justices have work to do, he said, even in cases involving the Constitution’s clearest language. Souter drew from two famous cases — the Pentagon Papers and Brown v. Board of Education — to explain his position.

    The Pentagon Papers case pitted the U.S. government against The New York Times and The Washington Post, which had gained classified documents relating to the Vietnam War. The government sought to suppress their publication on national security grounds. Though First Amendment language is clear that “Congress shall make no law … abridging the freedom of speech, or of the press,” and though the court ultimately did decide for the newspapers, the court also recognized that even freedom of the press — constitutionally guaranteed in clear language — was not absolute. That’s because, Souter said, justices are charged with interpreting the entire Constitution, not a lonely amendment. Beyond freedom of the press, the Constitution also grants the government authority to provide national security and gives the president power to manage foreign policy and the military. In this case, the balancing of rights came out on the newspapers’ side, but the decision, Souter said, left the door open to swing differently in the future.

    Not only is apparently clear language sometimes not so clear, but apparently simple facts in a legal case are sometimes not so simple, Souter said. Facts can have meanings that change with time and circumstances, and it’s up to judges to interpret them for those living now.

    Souter used the example of the landmark 1954 Brown v. Board of Education case that abolished segregated schools to illustrate his point.

    He said the facts in the Brown case were analogous to the trend-setting 1896 Plessy v. Ferguson case, in which the court ruled that separate but equal railroad cars for black and white passengers were acceptable under the Constitution. Souter argued that the main difference in the two cases was not the facts, but rather the passage of time, which affected the justices’ interpretation of the facts.

    In 1896, when Plessy was decided, slavery and the Civil War were still relatively recent events. It was against that backdrop that the justices decided that separate but equal rail cars were acceptable. Fifty-eight years later, when Brown v. Board of Education was decided, the situation had changed, and the horrors of slavery and war had receded.

    “The judges in 1954 found a meaning in segregation that the majority of their predecessors in 1896 did not see. That meaning is not captured by descriptions of physically identical schools or physically identical railroad cars,” Souter said. “The meaning of facts arises elsewhere, and its judicial perception turns on the experience of the judges, and on their ability to think from a point of view different from their own. … When the judges in 1954 read the record of enforced segregation, it carried only one possible meaning: It expressed a judgment of inherent inferiority on the part of the minority race.”

    The Alumni Association’s annual meeting takes place during the afternoon on Commencement Day. In addition to Souter’s remarks, this year’s event featured a welcome by outgoing Alumni Association President Teresita Alvarez-Bjelland ’76, M.B.A. ’79, remarks by Harvard Treasurer James Rothenberg ’68, M.B.A. ’70, and the annual report to the alumni by Harvard President Drew Faust.

    Faust joked during her talk that she was honored to “serve as Justice Souter’s warm-up act.” In her yearly speech to the gathered alumni, Faust highlighted Harvard’s long history of pubic service — embodied by Souter and his work as a judge — and the University’s expanding efforts in that area.

    Faust highlighted the enormous effort that Harvard students put into public service activities — donating nearly a million hours to area communities this year alone — and said the proportion of seniors taking jobs in public service was up dramatically in the past two years, from 17 to 26 percent.

    She also highlighted faculty work that seeks to help others and society, from Paul Farmer’s work providing health care to the poor in Haiti, to Kit Parker’s service as a major in the U.S. Army, to Max Essex’s work with those infected by HIV in Botswana.  Faculty are laboring on a host of international problems, including fighting climate change, addressing the financial collapse, examining the factors that drive personal financial decisions, improving teacher effectiveness, creating building designs to house Haitian earthquake victims, and improving airflow in Rwandan hospitals.

    Faust announced the creation of a group of Presidential Public Service Fellowships, which will fund 10 students across the University in summer volunteer activities. Faust also said that the upcoming Harvard fundraising campaign would explicitly strive to double funding for undergraduate summer service opportunities and increase it for similar activities involving graduate students.

    “Ultimately more important than students’ brief years at Harvard is what these graduates will do with their diplomas and their lives,” Faust said. “I would like to imagine that whatever career our graduates pursue, whether in the private or the public realm, they will choose to make service an ongoing commitment.”

  • Bruno, LA’s Watchdog: Envying Antonio’s Freebie Lakers Seats

    Where the hell is Stevie Kaufman when you really need him?
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    As Ron reported a couple days ago, Stevie, an attorney who specializes in campaign and fund-raising law, represents just about every Democratic politician from San Diego to Sacramento – including Mayor Antonio.

    According to Fox 11’s John Schwada, a one-time ink-stained wretch who thought he was too good looking for print, Antonio and his girlfriend Lu Parker, a former beauty queen turned TV reporter who is without doubt way too good looking for print, are sitting courtside in $2,000 seats at Lakers playoff games for free.

    The story angle was that the tickets are not reported on the mayor’s gift disclosure forms, and that if they’re a gift of Staples Center he can’t legally accept them (or any gift) because arena owner AEG lobbies the city and get subsidies so big they could solve the financial problems of all the hundreds of thousands of people Antonio’s policies have sent to the unemployment line.

    The mayor told Schwada that at the last game he was a guest of his “friend” Jeffrey Katzenberg, and insists that because he’s at the game in an “official capacity” as mayor the tickets don’t have to be reported as gifts.

    Holy pooper-scooper! An official capacity? Did he play? Referee? Sing the national anthem?

    I can only guess Antonio was answering on the basis of Stevie’s legal advice that he could  bring his honey to game and sit courtside without having to dig deep into his own pocket (ouch!), or, better yet, use his Officeholder Account, if there’s anything in there.  Under state rules that would be a bad dog’s trick, but in LA, you can use the dough for virtually anything – except campaigning.

    I also wonder if the Dog Trainer has failed to notice his honor holding court courtside? Before it was decimated by layoffs of half its staff, the city’s paper of record like to think it didn’t miss such dirty tricks. Now, we need a TV reporter to tell us what’s going on.

    Six years ago when the Dog Trainer was eviscerating Fleishman Hilliard’s relationship with the DWP and the office of Mayor James “Never Touch Me or Call Me Jimmy” Hahn, the Dog Trainer put a team of reporters on the job to find out if the DWP was secretly paying for Hahn’s seats behind the Dodgers dugout.

    Steve Lopez, famous for “The Soloist” movie about a homeless bum with musical talent and being the highest paid writer in town, the staff had great fun with some emails the Dog Trainer obtained between Fleishman Hilliard GM Doug Dowie and Jimmy’s press secretary Julie Wong in which they tried to control the inquiry by keeping the less-than-bright interim DWP GM Frank Salas away from the press.

    “If Salas isn’t allowed to talk to reporters,” Lopez wrote in July 2004, “and he needs $3 million a year worth of strategic counsel and the like, why not get rid of him, the executive staff and the 23-person PR staff at DWP and let Dowie run the place?”

    Given what’s happened at the DWP in the last six years, that might not have been a bad idea.

    The DWP has become the utility of ill repute with a new GM every year and Dowie got in a lot of trouble in what became a criminal case involving over-billing the DWP. He, by the way, is still available to run the DWP as he waits while the case drags through the appeal process..

    Nothing ever came of the Dodger ticket issue or Laura Chick’s original pay-for-play accusations.

    Nowadays Dowie will be the first guy to tell you he had a lot faults, but he was no dummy about the law. After all, he was getting legal advice from Stevie Kaufman just like the mayor..

    Woof!!