Month: June 2015

NYT, Orwell, Ukraine, Putin

Robert Parry writes on the Ukraine: NYT’s Orwellian View of Ukraine June 22, 2015 Exclusive: In the up-is-down Orwellian world that is now The New York Times’ editorial page, there was no coup in Ukraine in 2014, no U.S.-driven “regime change,” no provocation on Russia’s border, just Moscow’s aggression — a sign of how propaganda has taken over mainstream U.S. media, writes Robert Parry. By Robert Parry In George Orwell’s 1984, the leaders of Oceania presented “Two Minutes Hate” in which the image of an enemy was put on display and loyal Oceanianians expressed their rage, all the better to prepare them for the country’s endless wars and their own surrender of freedom. And, now, in America, you have The New York Times. Surely the Times is a bit more subtle than the powers-that-be in Orwell’s Oceania, but the point is the same. The “paper of record” decides who our rotating foreign enemy is and depicts its leader as a demon corrupting whatever he touches. The rest of us aren’t supposed to think for ourselves. We’re just supposed …

Why We Have an Oversupply of Almost Everything (Oil, labor, capital, etc.)

Originally posted on Our Finite World:
The Wall Street Journal recently ran an article called, Glut of Capital and Labor Challenge Policy Makers: Global oversupply extends beyond commodities, elevating deflation risk. To me, this is a very serious issue, quite likely signaling that we are reaching what has been called Limits to Growth, a situation modeled in 1972 in a book by that name. What happens is that economic growth eventually runs into limits. Many people have assumed that these limits would be marked by high prices and excessive demand for goods. In my view, the issue is precisely the opposite one: Limits to growth are instead marked by low prices and inadequate demand. Common workers can no longer afford to buy the goods and services that the economy produces, because of inadequate wage growth. The price of all commodities drops, because of lower demand by workers. Furthermore, investors can no longer find investments that provide an adequate return on capital, because prices for finished goods are pulled down by the low demand of workers with…

A new volley in the climate wars: here’s a playbill to the action!

Originally posted on Fabius Maximus website:
Summary: A new paper in Science grapples with pause in atmospheric warming, one of the frontiers in climate science. I expect that the news media will give it mega-coverage, total applause (papers that challenge the paradigm are ignored). Here are comments by climate scientists giving the vital context that few journalists will mention. The important thing to know, a secret to journalists, is that laypeople should focus on the trend of the literature — or summaries like those of the IPCC — rather than the cherry-picked papers highlighted by activists on both sides. {2nd of 2 posts today.} Community Climate System Model A major new report just published in Science by a team of NOAA climatologists will roil the debate about the vital subject: “Possible artifacts of data biases in the recent global surface warming hiatus” by Thomas R. Karl et al. The timing is significant, one of a series of papers appearing before November’s United Nations Climate Change Conference in Paris.  Abstract… Much study has been devoted to…