Category: Gov’t & Trade

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Intellectual property rights hold back scientific advances

Sir John Sulston, Nobel Laureate, explains a phenomenon which merits thoughtful consideration.

Ownership rights pose a real danger to scientific progress for the public good

The idea of ownership is ubiquitous. Title deeds establish and protect ownership of our houses, while security of property is as important to the proprietors of Tesco and Sainsbury’s as it is to their customers. However, there is a profound problem when it comes to so-called intellectual property (IP) – which requires a strong lead from government, and for which independent advice has never been more urgently required. The David Nutt affair has illustrated very well the importance of objective analysis of complex social issues. read more

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Pension system failure

Recently I was thinking about how much stress pensions cause to the social and economic systems in the United States. After looking at this issue for a while I concluded that pensions are a major contributor to social inequality, and they create unreasonable (and maybe unpayable) financial burdens on future generations of employees and citizens. Here’s how:

Promise now, others pay later

When I began talking to people about pensions I learned that they may also be unsustainable: that is, pensions are promised to employees by a generation of company execs and union bosses who aren’t going to be around the day pension payouts start to come due. This is the same sell-the-future-short ruse that politicians employ when they’re able to get public commendation for voting a law into being although they make no provisions to fund the law’s enactment. New Jersey’s Amistad Legislation which became law in 2002 but is still waiting for funding to bring a racially balanced historic perspective to classrooms across the state is a good example of this. The Racism in Higher Education paper sheds some light on this sujbect. read more

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Hunger & Charity Now Crimes in the US?

A friend sent me this link to a fascinating and distressing op-ed piece in today’s New York Times on the increasing criminalization of poverty. An excerpt:

“The viciousness of the official animus toward the indigent can be breathtaking. A few years ago, a group called Food Not Bombs started handing out free vegan food to hungry people in public parks around the nation. A number of cities, led by Las Vegas, passed ordinances forbidding the sharing of food with the indigent in public places, and several members of the group were arrested. A federal judge just overturned the anti-sharing law in Orlando, Fla., but the city is appealing. And now Middletown, Conn., is cracking down on food sharing.” read more

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DREAM Act Graduation Event in Hackensack

A National DREAM Graduation solidarity event will take place

Tuesday, 23 June 2009 from 4-5:00 pm
at Johnson Memorial Park, Hackensack, NJ
Map address: 490 River Street, Hackensack, NJ.
(corner of River Street and Cedar Lane/E. Anderson Street)

Local event information:
201-475-1854
kimi@thewei.com
http://twitter.com/kimiwei

Both New Jersey senators, Bob Menendez and Frank Lautenberg, support the DREAM Act but as of today only two (Rush Holt and Steve Rothman) of New Jersey’s 13 Congressmen plan to vote for it. read more

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NY Dems side with GOP

This is a fascinating view of civics and the political process. Also a fundamental reminder that people’s hearts rule their actions.

Democrats have held the Senate majority in New York State since November. Yesterday, on June 9, two Democrats announced they will, “caucus with the GOP (Republicans),” and now Republicans assert that they own control of the senate and have replaced the Democratic majority leader Malcolm A. Smith, with their own man, Republican Dean G. Skelos. The Dems are challenging this political maneuver, calling it illegal. read more

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Phil Greenspun says fire AIG execs

One of the people whose opinions on current issues I always find compelling, is Phil Greenspun. Phil’s not afraid to look an issue in the mouth and tell us what the issue looks like to his informed eye, even if everyone else is calling it a non-issue or a gobydoggle. His insights are compelling because they’re reasoned with logic and are based on simple, verifiable facts. In a blog post yesterday Phil said

Fire the AIG management

AIG has been in the news again, this time for bleeding taxpayers out of hundreds of millions of dollars to pay employee bonuses for a job well done in 2008. Most egregiously, the very division that bankrupted the company is sucking down $165 million in 2008 bonus. Is there some sort of contract that would require the company to pay these bonuses? The company essentially went bankrupt in the fall of 2008, though the U.S. governnment tried to avoid the actual word “bankruptcy”. When a company goes bankrupt, it doesn’t pay most of its obligations under old contracts and certainly does not pay bonuses to the employees who ran it into the ground (not for moral reasons but simply because it no longer has the cash). read more

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Lose your job, return your Hyundai

Hyundai promises to pay your car note for three months if you, “lose your income”. They let you return it if you can’t work things out within that time frame. You can make the return without messing up your credit, having a balance to pay or suffering other penalties.

CNN reports on the program in depth and quotes Hyundai’s US Marketing VP Joel Ewanick as saying

“With no extra charge to the sticker price, the program pays the difference between the car’s trade-in value at the time the owner files a claim and any remaining balance on the loan up to a maximum of $7,500.” read more

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Digital TV switch delay approved

Your TV will still work on February 17, even if it’s analog. I am personally not a fan of TV in any form, but even I recognize that TV is the way many household, and especially many elderly Americans, connect to the outside world and fill idle hours that would otherwise be spent in silence. The attention to the comfort of the average American is obviously high on our president’s priority list – pushing through this delay to enable more people to get ready for it was one of Obama’s first priorities and he got the job done in good time. read more

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Free Quickbooks on 12/22 only at Staples!

My friend Joe Rosenberg, CPA reports:

Quickbooks users? In case you were thinking of upgrading your current edition, or trying it out if you don’t have quickbooks, the free 2009 Pro edition is available at no cost Monday 12/22 only in store or online at Staples.

This is offered in store or online by Staples. Since quickbooks is used by about 90% of the small business market in the US and they are offering (after mail in rebate of $159.95) their current product for free (you do pay sales tax on the purchase). There were some problems with online banking in this edition but they are being worked out. read more

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Nothing left to chance in Disney World. People can’t get enough of pre-planned living.

I was just speaking with a new friend, Harold C, about the plastic quality of middle American living. “Kimi, Disney’s like a religious experience for a lot of my friends,” he said. And so it is. A completely guided experience where people can live in simulations of the illusions they are accustomed to watch in the comfort of their living rooms on TV screens all across America. Disney World makes it possible for an American parent to take his/her spouse and children to a place which is actually a ‘sovereign country’ not ruled by American law and still not need to deal with foreign accents or foreign languages, driving on the wrong side of the street, calculating currency exchanges or having to decide whether to drink plain or mineral water. I told Harold about this National Geographic article which describes in detail the Disney World phenomenon, how it was achieved and in what ways it’s meant to affect American society. Here is a teaser of the contents . . . read more

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Detroit – basking in the past on taxpayer dollars

Thomas Friedman of the New York Times wants us to think about the future as we consider the crises of our times. In an op-ed piece he says basically, that the Detroit crisis is happening because American auto manufacturers will not be innovative and they refuse to build cars with great mileage. Although they probably could. I, myself, look at the mileage rates in our cars and the price and consumption of gasoline and it’s pretty clear to me that there’s some kind of collusion taking place between the auto and gas industries. read more

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“Enron loophole” driving gas prices up

It isn’t terrorists or peak oil driving up gas prices. According to this news report it’s trading speculation which was made legal at the same time the price of gas began to skyrocket a few years ago. And experts testifying to Congress say the hikes can stop right away if the legal loophole that allows profiteers to milk the public for billions of dollars of speculation profit on oil futures, is closed up. In fact, the price of gas could be cut 25% or more immediately if the “Enron loophole” is closed. read more

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Obama told the truth. Thanks, Hillary, for pointing that out to us.

On Twitter Dave Winer mentioned that Obama was calling Pennsylvanians’ – and the nation’s – attention to the fact that it’s true that rural American people are angry and bitter as a result of patiently waiting 25 years for politicians they elect to stop selling them out and help them get their lives and their jobs back. I guess Obama became one of my heroes twice this weekend, because he told a really uncomfortable truth about American politics and refused to back off it. Then he admitted he was wrong for having made a poor choice of words when he originally made the statement. read more

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Hillary lashes out and covers up, way too often.

Carl Bernstein wrote a book about Hillary Clinton, and this week he published an article about her presidential campaign. Below are a couple of paragraphs from the article. It’s well worth reading.

It happens that Mark Penn, the campaign manager Hillary recently fired, is the brother of a guy who was my physician for a long time. Deane Penn retired from practice maybe two years ago, but for many years I knew him as a thoroughly decent person, a committed activist in the Jewish community and an excellent doctor. Dr. Penn always referred to his brother’s work as one of the nation’s major pollsters, with great pride. read more

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Seton Hall Law files immigrant abuse suit against Feds

Seton Hall Law School’s Center for Social Justice and Lowenstein Sandler, PC, filed suit today in federal court, alleging that federal law enforcement officials violated the ten victims’ constitutional privacy and due process rights under the Fourth and Fifth Amendments by entering their homes without consent or a judicial warrant during pre-dawn “raids”.

. . . immigration agents forced their way into each plaintiff’s home in the early hours of the morning without a judicial warrant or the occupants’ consent. Most of the plaintiffs were awakened by loud pounding on their doors and answered the door, fearing an emergency. ICE agents subsequently either lied about their identity or purpose to gain entry, or simply shoved their way into the home. During each raid the agents swept through the house and, displaying guns, rounded up all the residents for questioning. In some cases they ordered children out of their beds, shouted obscenities, shoved guns into residents’ chests, and forbade detained individuals from calling their lawyers. In at least half the raids, the officers purported to be searching for a person who did not even live at the address raided. read more