Tara Smith, over at the always excellent Aetiology has some very preliminary data that points toward this flue being the progeny of a small outbreak outbreak at the Ohio state fair a few years back.
It is by no means definitive, but it is interesting.
If true, it pokes big holes in the denials by the Mexican government, and Smithfield, that this has nothing to do with their hogs.
Because, as Obama noted in his presser, Churchill opposed torture
Obama responded by pointing to the example from the Blitz: ‘I was struck by an article that I was reading the other day talking about the fact that the British, during world war two, when London was being bombed to smithereens, had 200 or so detainees. And Churchill said ‘we don’t torture’, when all of the British people were being subjected to unimaginable risk and threat. And the reason was that Churchill understood you start taking shortcuts, and over time, that corrodes what’s best in a people. It corrodes the character of a country.’
Hoocoodanode?
*Dirty f%$#ing hippie.
Not a whole bunch of movement, just updates such as the fact that the Zimbabwe Central Bank (RBZ) took money from private bank accounts, and that Finance Minister Tendai ordered parliament members who received cars from the RBZ to return them immediately.
It’s probably a prelude to the bank chief’s firing.
There is some relatively bright economic news with gold mining companies restarting operations after the government said that they could sell gold directly on the world market, which cuts off an avenue for Mugabe to pay off his associates, and the UK has pledged $21 million in humanitarian aid, and its African neighbors have pledged $400 million in credit lines.
It was a close vote, but splitting the CEO and Chairman of the Board positions passed, 50.3%-49.7%, and the new Chairman is Walter Massey.
I do not think that this makes much of a difference in day to day operations, but the fact that shareholders went against Lewis and the board on this is significant.
It’s also a big win for AFSME, who campaigned for this, because of Lewis’ aggressive campaign against labor unions.
Well, it looks like the Chrysler/Fiat thing is a done deal, though this would likely be post bankruptcy, because they cannot get the smaller creditors on to agree to concessions:
The Obama administration last night planned to send Chrysler into bankruptcy, replace chief executive Robert L. Nardelli* and pump billions of dollars more into the effort, all in hopes the company can emerge from court proceedings as a reenergized competitor in the global economy.
Government officials clung to 11th-hour hopes last night that bankruptcy could be averted, but talks broke down with Chrysler’s creditors. A bankruptcy filing could happen as soon as today.
The U.S. government’s attempt to save the automaker amounts to another extraordinary intervention in the economy and a landmark event in the history of the American auto industry.
Under the administration’s detailed court strategy, ownership of Chrysler would be dramatically reorganized, the leadership of Italian automaker Fiat would take over company management and the U.S. and Canadian governments would contribute more than $10 billion in additional funding.
I would note that Cerberus would be completely wiped out on this deal, and be left with nothing, but they are not complaining, since they bought Chrysler to flip it to GM, and then found themselves having to run it when GM had its own crisis, and the alternative, that various parties go after them is even less palatable.
In related news, the dealers for both Chrysler, with the aid of the NADA, are lawyering up to deal with the consequences of a bankruptcy, which would void their franchise agreements.
Cutting dealerships is necessary, as Chrysler has about 2¾ times as many dealers per car sale as Toyota, which adds costs and inefficiencies to the system.
*Full disclosure, I worded at GE Transportation Systems (GETS) their locomotive manufacturing unit from 1994-1996, and for about half of my time there, the chief of the division was Bob Nardelli, who I have never met.
Someone on a BBS that I frequent, Short Skool Bus, just noted that they are under self-imposed quarantine until tests came back, because one of their mom’s is an LPN who might have been exposed in her practice.
This is beginning to get freaky.
And be represented by Michele Bachmann, though she is worth a spit take.
Latest case in point: Suggesting that the Swine Flu outbreak is some sort of Democratic Party plot:
‘I find it interesting that it was back in the 1970s that the swine flu broke out then under another Democrat president Jimmy Carter. And I’m not blaming this on President Obama, I just think it’s an interesting coincidence.’
Except, of course, it happened under Gerald Ford, and the media frenzy over the flu was electioneering largely driven by Ford’s SecDef, Don Rumsfeld, like a bad apple, he keeps turning up.
The stupid, it burns, it burns.
Or maybe he thinks that they only count 3/5ths.
His claim is that Barak Obama’s support is somehow not real, because he is polling much higher among black voters, which ignores the fact that Democratic Presidents always poll higher among black voters, because they know that the Republicans have become the party of bigotry and segregation.
Simply put, when you see one party as hating you and trying to do harm to you, any representative of an opposing party looks better.
But Byron York, in a perfect reflection of the Republican Party, wants to say that black Americans simply do not count, much like the Republican Party vote suppression apparatus says that black American votes simply should not be counted.
It’s an artificial piece of media driven bullsh@#.
‘Nuff said.
Now Jay Bybee is actively defending the torture memos that he wrote, as opposed what was said by “friends” to the Washington Post, which is that he basically took the OLC job because he had to in order become a Federal Judge.
I think that the money quote is, “In that context, we gave our best, honest advice, based on our good-faith analysis of the law.”
It’s an attempt to say that it’s reprehensible, but not criminal, and hence does not fall under the the bailiwick of, “treason, bribery, or other high crimes and misdemeanors,” though that might be small comfort, since the first impeachment and conviction was really because the subject was probably clinically insane, the charges were “drunkenness and unlawful rulings,” and the latter sounds a like Bybee.
He isn’t rude, that is, at least after the first paragraph, where he compares Republicans to fattie amputee midget S&M fetishists who draw a line when someone sends them links to child porn:
Some conservatives have actually gotten queasy with the release of the torture memos and the Senate Armed Services Committee report on the same. Maggie Gallagher, who has lived for years now off the lucre she makes from her hatred of gay marriage, once praised the illegal data mining that Bush’s NSA did: “When exposed to information about efforts like this by President Bush, I am not outraged. I’m deeply grateful. And worried now about who might die now that The New York Times has published this information.” Now, in the National Review Online (motto: “Is anyone still reading this sh$# beyond bloggers who need something to argue with?”), Gallagher writes, “I personally believe torture is wrong. We shouldn’t do it. Even if it means me, my husband, and my two sons get blown up. Seriously, if I had to choose I’d say: Death is common to us all; torture is a choice.” It’s as impassioned an anti-torture statement as anyone on the Left has made.
($#@ of swear words mine, as is the emphasis)
He’s right. Maggie Gallagher gets it.
Go read the rest.
So, it looks like the Spanish judges are ignoring the recommendation of the Spanish Attorney General, and proceeding with an investigation.
The best outcome of this investigation, IMNSHO, is that this forces the US government to pursue the perpetrators of these crimes, though the fact that this will tend to prevent Bush and His Evil Minions&trade from traveling freely around the world because of concerns regarding torture is an added plus in any case.
Neel “Cash and Carry” Kashkari is finally leaving as head of the TARP.
I have no knowledge of whether or not he actually broke any laws, though describing the management of the program as “criminal,” is certainly appropriate, but I do think that the DoJ and SEC should investigate because it smells bad.
I do not think that it is at the level of a grand jury investigation….Yet….But you won’t know what’s under the rocks until you turn them over.
Certainly, the program was an example of corruption and regulatory capture though.
Great Googly Moogly, the new GDP numbers are in for the first quarter, and they show that the economy contracted at a 6.1% annual rate, which follows a 6.3% rate for Q4 of 2008, the worst contraction for a 6 month period in 50 years.
There is a bright spot, however. As Calculated Risk notes, is that sectors that have been traditionally leading are doing better than those that typically lag a recession, which might point toward a bit of a moderation.
At least we are not Lithuania, whose economy contracted by 12% year over year.
It’s news like this that makes the Federal Open Market Committee (FOMC) statement minor economic news.
Basically, they said, “We think that it’s getting worse more slowly, and we can’t cut rates any more, but we will keep shoveling money out the door, and we are watching inflation, really we are.”
If that means anything, it’s beyond me, but it appears that the
Fed’s aggressive asset purchase program will not be further expanded, which implies that they think that we are at/near bottom.
In other banking news, remember yesterday’s stress test update, which fingered BoA and Citi?
Well, there are now reports that at least 6 of the 19 banking giants are under capitalized, hoocoodanode?
Meanwhile, in real estate, we have mortgage applications falling by 18%, and it appears that there is a tidal wave of troubled commercial mortgages on the horizon, with, “volume of commercial mortgages at risk of default has quintupled since the beginning of 2008.”
One of the interesting things here is that commercial real estate loans are generally short term, 5 years or so, so people who have to refinance into the teeth of the recession and credit crisis may be up a certain creek without a paddle, even though they would be otherwise solvent.
Meanwhile, oil rose on the slightly positive Fed statement and reports of a drop in gasoline inventories, while the dollar fell on on optimism about the world economy.
That’s what should be done regarding Citi’s request to Treasury to pay big bonuses to traders.
Seriously, just f&^% em.
Too funny!
What starts with “f,” ends with “k,” and means “screw your workers”? That’s right—401(k).
James Ridgeway
The idea that a cabinet position would not reflect a key position of a president in their portfolio, and thus must be filibustered was ludicrous.
The 9th Circuit Court of Appeals has just told the Obama administration that its assertion of a state secret privilege is full of crap.
Binyam Mohamed, a British national who was rendered, and tortured by the CIA, is to be allowed to pursue his lawsuit against Jeppesen, a private transportation company that flew him to their secret gulags:
The court said the government could ask judges to conduct a case-by-case review of whether the disclosure of specific documents would jeopardize national security. But allowing the executive branch to shut down an entire lawsuit whenever an official says its subject is classified would be a “concentration of unchecked power” and lead to abuses, it said.
“According to the government’s theory, the judiciary should effectively cordon off all secret government actions from judicial scrutiny, immunizing the C.I.A. and its partners from the demands and limits of the law,” wrote Judge Michael Daly Hawkins.
I would also note (again) that as a matter of fact, though not of law, that the precedent here, US v. Reynolds, is in fact based on a lie. There were no state secrets involved, the B-29 which crashed was not, as was claimed, on a secret mission or testing secret equipment, as the government implied, but that the the aircraft was in poor condition because of inadequate maintenance.
This is a good decision, and I rather hope that it won’t make it to the Supreme Court, because 4 of those justices will rubber stamp the Bush, and now Obama, policy.
Using the “Taylor-rule approach”, basically yet another one of those equations for the economy that the “quants” came up with, and they get a number: negative five percent.
This is why central bankers have no clue what to do.
Of course, if Greenspan had not created the bubble, both in real estate, and in other investments, by pushing interest rates so low and ignoring market abuses, there would still be some marging, but there is no margin, so we are screwed.
Well, Honda automobile lost money, though the whole operation made a slight profit because of their motorcycle business.
Meanwhile, GM is having problems negotiating its bondholders, with the troubled automaker giving what says is a “final offer,” and the bond holders are blowing a gasket over this:
Today’s posturing makes it clear that the company and the auto task force would rather discount the thousands of individual investors and retirees who own GM bonds than undergo earnest negotiations.
I think that the bond holders think that they can do with GM what was done with GMAC, throw a tantrum, and get what they want, but the market has already discounted these bonds by over 85%, and the offer is a better deal than that.
On Chrysler’s side, things look better with both the UAW and the bondholders coming to agreements with the auto firm.
The UAW will a get 55% equity stake in Chrysler, in exchange for concessions, but I’m still a pessimist, and believe that they are getting 55% of what will turn out to be nothing.
I think that the bondholders for GM have unrealistic expectations of the carmaker’s survival.
I would say that even if GM gets the bondholders to an agreement, they still have to figure out how to cut dealerships without declaring bankruptcy.
Getting out of those franchise agreements would be difficult otherwise, unless Congress gets into the act to streamline the process, which I do not expect, since car dealers are big political donors.
