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Alyssa

Viewers Shrugged

Well, someone’s finally gone and made a movie out of Atlas Shrugged–or at least half a movie.  At last, we are at a point in American culture where a critical mass of people can ignore the fact that 1) Ayn Rand probably would loathe them and 2) she died on welfare, evidently a parasite of the sort that she so loathed.  This despite the fact that her Number One Fanboi basically admitted that his and her ideas about market regulation were wrong.  Ideas die hard.

But that’s enough of me renouncing the fact that I’ve read Atlas Shrugged and The Fountainhead twice, in my younger days, and editorializing about reality.  What can we tell from this trailer?  For one, the John Galt line is going to be a CGI high-speed passenger train, presumably since a new freight line in modern days (the apparent setting) wouldn’t go anywhere.  For another, the movie is sumptuously shot.  They are doing a lot right with the tailoring and colors in the menswear, and these lavish party scenes are gorgeous.  But while I can’t recall specific lines from the book, based on how flat and unrealistic the dialog in the trailer is, the screenwriters used a lot of Rand’s own lines.

But do you know what I’m getting tired of?  Casting overweight people as characters with moral failings.  It’s a cheap shortcut, and these filmmakers are using it in spades.  Dagny and Hank and Midas and the heroes are all gaunt and angular.  Skinny people, along with miracle inventions that solve intractable engineering problems, make the world go round.

In closing: I hope Johnny Depp plays Ragnar Danneskjold.  And I hope he does it in his Jack Sparrow costume.

Yglesias

The 401(k) Disaster

An offhand but important remark from Felix Salmon:

Just because you have a 401k plan does not, ipso facto, make you an investor. This is a serious problem with defined-contribution pensions in general: they place an onerous set of responsibilities onto individuals who are wholly unqualified to discharge them in a sensible manner. Already, such plans tend to have far too many choices, many of which are expensive long-only mutual funds which seem like a pretty bad idea for just about anybody. Trying to add alternative investments in private equity or hedge funds to the mix would almost certainly be disastrous — the dumb money coming in at just the wrong time, just like it always does.

I think this is a really underrated problem with the contemporary United States and a major policy error of the neoliberal age. It’s bad for middle class workers who are having a share of our compensation siphoned away by value-subtracting financial managers, and it also seems to me to undermine corporate governance. How am I contributing to the management of the firms of which I am, through my 401(k), a partial owner? Well, not at all! Heck, I couldn’t even tell you the name which firms I partially own.

The basic idea of Social Security—a slightly redistributive defined benefit pension with a capped contribution level—is actually a really good vision of how middle class people should pay for retirement.

Education

House Republicans Propose Amendment To Spending Bill Blocking New Regulations For Subprime Schools

House Education Committee Chairman John Kline (R-MN)

House Republicans plan to bring their continuing resolution — which provides funding for the government for the rest of the fiscal year — to the floor today for amendments. Of course, such a process invites amendments having to do with a variety of unrelated issues, and this round is no exception.

For instance, one amendment proposed by House Education Committee Chairman John Kline (R-MN) would prevent the Education Department from following through on new regulations governing the for-profit college industry:

Offered By: Mr. Kline

AMENDMENT NO. 214: At the end of the bill (before the short title), insert the following:

Sec. __X. None of the funds made available by this Act may be used to–

(1) implement, administer, or enforce the final regulations on “Program Integrity: Gainful Employment–New Programs” published by the Department of Education in the Federal Register on October 29, 2010 (75 Fed. Reg. 66665 et seq.);

(2) issue a final rule or otherwise implement the proposed rule on “Program Integrity: Gainful Employment” published by the Department of Education on July 26, 2010 (75 Fed. Reg. 43616 et seq.);

(3) implement, administer, or enforce section 668.6 of title 34, Code of Federal Regulations, (relating to gainful employment), as amended by the final regulations published by the Department of Education in the Federal Register on October 29, 2010 (75 Fed Reg. 66832 et seq.); or

(4) promulgate or enforce any new regulation or rule with respect to the definition or application of the term “gainful employment” under the Higher Education Act of 1965 on or after the date of enactment of this Act.

The new regulations — known as “gainful employment” — would prevent these subprime schools, and programs at other universities, from accessing federal dollars if their graduates fail to meet a certain debt-to-income ratio or have high rates of student loan default. Currently, just 11 percent of higher education students in the country attend for-profit schools, yet they account for 26 percent of federal student loans and 44 percent of student loan defaults. The latest data shows that 25 percent of for-profit college students default on their student loans within three years.

As we’ve shown here and here, many for-profit schools engage in predatory lending, use aggressive and misleading recruiting tactics, and leave students buried in debt and without prospects for finding a good job. They make the overwhelming majority of their revenue from the federal government and pay their executives exorbitant amounts, without proper accountability. However, House Republicans, particularly Kline, have been going all out to protect these schools from regulation, and are now trying to use the necessary act of funding the federal government to further that agenda.

Update

Over at ThinkProgress, Lee Fang lays out the subprime school industry’s lobbying “WAR” to maintain its access to public dollars.

Politics

Green Bay Packers Criticize WI Gov: ‘Right To Negotiate Wages And Benefits’ Is ‘Fundamental’ To Middle Class

Yesterday, ThinkProgress noted the huge backlash from Gov. Scott Walker’s (R-WI) “budget repair bill,” which would severely limit collective bargaining and eliminate the right of unions to negotiate pensions, retirement, and benefits. When asked by a reporter what would happen if workers resist, Walker threatened to use the “National Guard” against a possible walkout.

In response to Walker’s intent to misappropriate the deployment of the National Guard in an effort to intimidate state workers, the Super Bowl champion Green Bay Packers released a statement today, expressing that collective bargaining is “fundamental” to the middle class:

As a publicly owned team we wouldn’t have been able to win the Super Bowl without the support of our fans. … They are the teachers, nurses and child care workers who take care of us and our families. But now in an unprecedented political attack Governor Walker is trying to take away their right to have a voice and bargain at work.

The right to negotiate wages and benefits is a fundamental underpinning of our middle class. When workers join together it serves as a check on corporate power and helps ALL workers by raising community standards. Wisconsin’s long standing tradition of allowing public sector workers to have a voice on the job has worked for the state since the 1930s. It has created greater consistency in the relationship between labor and management and a shared approach to public work.

These public workers are Wisconsin’s champions every single day and we urge the Governor and the State Legislature to not take away their rights.

Knowing the Wisconsin state legislature may soon vote on Walker’s proposal, hundreds of University of Wisconsin-Madison teachers and their students marched to Walker’s Capitol Office to drop off valentines which asked the governor not to break their hearts. Today, Wisconsin public employees flooded the Capitol to protest the bill. The state employees filled the sidewalks outside the building and within the Capitol Rotunda, where a public hearing over the proposal was being held.

Rallies against the bill are planning to continue all week. The Wisconsin Democratic Party are knocking on doors, and the AFL-CIO are making phone calls to inform people of the negative effects of the bill. Wisconsin was the first state in the country to implement a collective bargaining law in 1959, so Walker’s anti-union bill not only deeply disturbs Wisconsin residents but affects the nation as a whole.

Paul Breer

LGBT

Iowa’s Anti-Marriage Group Removes Link To Anti-Gay Site, Makes No Apology For Its Contents

The Iowa Independent’s Jason Hancock is reporting that the Family Leader — a group spearheading a campaign to revoke same-sex marriage in Iowa — has removed a link to a website called ‘Second Hand Effects‘ (of homosexuality) which had described homosexuality as a public health crisis akin to smoking and endorsed discredited ex-gay reversal therapies. Good As You’s Jeremy Hooper first discovered the link by altering the group’s URL and I later found it on the group’s website:

Julie Summa, director of marketing and public outreach for The Family Leader, told Hancock that the link was removed because the seminar series has not been offered for around two years but did not rebuke its most offensive contents:

“The Second Hand Effects link shouldn’t be on our ‘Capturing Momentum Tour’ web page, which was created from an old template,” she said. “We plan to remove it as you are correct, we do not currently offer the seminar and have not had a full seminar in about two years.”

The seminar series, which is advertised as exposing the “public health crisis of same-sex activity,” was first discovered by the “Good As You” blog, but garnered headlines when it was brought up by reporters at a press conference organized by The Family Leader with former Minnesota Gov. Tim Pawlenty. The group’s CEO and president — Bob Vander Plaats — said the seminar hasn’t been offered since he came on board in November and vowed to look into the continued mention of the series on the group’s website.

It is a true statement that the seminar has not been held under his leadership,” Summa said Tuesday. “I verified with our staffer responsible for the seminar, and it has been about two years ago that our organization has offered a Second Hand Effects full seminar.”

As I discovered in Iowa last week, the group’s message about the consequences of homosexuality on society has not been lost on state lawmakers. Iowa State Rep. Dwayne Alons (R) — a co-sponsor of Iowa’s anti-gay marriage bill — told me, “that whole lifestyle has brought a lot of problems to society” before suggesting that gay people have shorter life spans.

Yglesias

After Moore’s Law

Let me begin this post with a confession of total ignorance as to what the physical basis, if any, of “Moore’s Law” is but I kind of have this pet notion related to it that Kevin Drum inadvertently reminded me of:

World-changing inventions just don’t come around all that often, and when they do it takes a long and variable time for them to become integrated enough and advanced enough to have an explosive economic effect. Steam took the better part of a century, electrification took about half that, and computers — well, we don’t really know yet. So far it’s been about 60 years and obviously computers have had a huge impact on the world. But I suspect that even if you put the potential of AI to one side, we’re barely halfway into the computer revolution yet. To a surprisingly large extent, we’re still using computers to automate stuff we’ve always done instead of actually building the world around what computers can do.

My pet notion is that improvements in computer power have been, in some sense, come along at an un-optimally rapid pace. To actually think up smart new ways to deploy new technology, then persuade some other people to listen to you, then implement the change, then have the competitive advantage this gives you play out in the form of increased market share takes time. The underlying technology is changing so rapidly that it may not be fully worthwhile to spend a lot of time thinking about optimizing the use of existing technology. And senior officials in large influential organizations may simply be uncomfortable with state of the art stuff. But the really big economic gains come not from the existence of new technologies but their actual use to accomplish something. So I conjecture that if after doubling, then doubling again, then doubling a third time the frontier starts advancing more slowly we might actually start to see more “real world” gains as people come up with better ideas for what to do with all this computing power.

Climate Progress

Rebound effect: The Breakthrough Institute’s attack on clean energy backfires

Top energy experts debunk their false assertions and misleading statements about energy efficiency

Proponents of large energy-efficiency rebound effects fail to prove their case.

Advocates of the thesis that “rebound” effects will offset much, most, all, or more than all energy savings from increasing end-use efficiency””a thesis popularized by David Owen’s recent and controversial New Yorker article””were asked in an early-2011 email exchange to illustrate their proposed rebound mechanisms with a hypothetical numerical example. Jesse Jenkins from the Breakthrough Institute obliged them. Jim Sweeney (Stanford) and Amory Lovins (Rocky Mountain Institute) then pointed out specific apparent errors whose correction would reduce Jenkins’s calculated rebound by about 10-20-fold (to a few percent, consistent with their own estimates). Further, the macroeconomic effects that Jenkins and his fellow-advocates had claimed were very large turned out in his example to be very small. Yet neither Jenkins nor his co-proponents rebutted the Sweeney and Lovins critiques. Jenkins now wants to abandon rather than uphold his own example, and big-rebound proponents appear to have withdrawn from the conversation. They insist that their economic calculations prove they’re right, no further proof is required, and the effects they posit are too complex for a numerical example to reflect. This behavior invites the inference that they won’t defend their sweeping claims because they can’t, and that inference will strengthen so long as they fail to do so. The exchange upholds the strength of the scientific process in clarifying understanding and exposing error, although it remains to be seen whether this goal is shared equally by both sides of the conversation. Asked for comment, Lovins quoted Harvard biology professor E.O. Wilson: “Sometimes a c oncept is baffling, not because it is profound but because it is wrong.”

That’s the conclusion Jon Koomey says journalists might well draw from a for-the-record email conversation between The Breakthrough Institute and leading energy experts.  I repost his entire 8-page discussion below.  It makes for fascinating reading and reveals better than anything I’ve seen just how TBI operates.

Koomey, ever the scientist, even has an “abstract,” which reads:

An e-mail conversation about whether “rebound” effects that offset energy savings are big or small reached a critical stage when a numerical example meant to demonstrate big rebounds came under decisive technical criticism””and wasn’t defended.

Recently, the Breakthrough Institute launched a major attack on energy efficiency.  They used talking points that right-wing think tanks have pushed for years (see The intellectual bankruptcy of conservatism: Heritage even opposes energy efficiency).  This shouldn’t be terribly surprising to longtime followers of TBI.  After all, last year they partnered with a right-wing think tank, the American Enterprise Institute, to push right-wing energy myths and attack the most basic of clean energy policies, a clean energy standard.

Read more

Politics

Peter King: It’s Not Enough For Muslims To ‘Denounce All Terrorism,’ They Must Also Denounce Muslims

Rep. Peter King (R-NY) is preparing his controversial hearings into the “radicalization of the American Muslim community and homegrown terrorism,” and he wants to make one thing clear: he’s not anti-Muslim. In an interview with the National Review this week, King said, “I do not want anything said at my hearing that could justify someone throwing a brick at a mosque. … I’ll be managing the hearing, so the responsibility is mine, to make sure there is no kind of religious bias or hostility toward Muslims.”

That’s surely a noble goal, but clearly contradicts many of King’s previous statements on Islam. He has said that 80 percent of American mosques are controlled by “radical imams,” and that in fact there are “too many mosques in this country.” King also said in 2004 that Muslims are “an enemy living amongst us.” His upcoming hearings originally featured a witness who believes “Islam is a cult,” though he later pulled her from the schedule.

This contradiction between King’s longstanding animus for Islam and his stated goal of fair hearings is evident even in the aforementioned National Review interview. While King claims to be wary of stirring up Islamophobia, he at the same time seems to establish a different standard of guilt for all Muslims:

“It is not enough for [Muslim leaders] to say that they denounce all terrorism, that they denounce all violence,” King says. “They have to be much more aggressive. I don’t think they fully realize that. They worry that if they came out and highlighted their opposition to Islamic terrorism, it would focus too much attention on the Muslim community, reminding people that these terrorists are Muslims. So they don’t deal with it in an open way.” [...]

“There has not been enough cooperation from the Muslim community,” King says. “That is what I have learned over the past eight or nine years in dealing with law-enforcement officials at all levels. It has been disappointing. There is no doubt that the overwhelming majority of Muslims are good people, but the leadership in their communities has not cooperated enough, nor have they set a tone for cooperation. I want to see that change.”

The National Review claims that “most of the people [Peter King] is calling to testify are Muslim leaders,” that he is “calling on Muslims to speak up,” and that “he is looking forward to giving Muslims a platform to voice their concerns.” But of two panelists that the National Review reports will be testifying – one of them, Walid Phares, is a Maronite Christian.

Climate Progress

Calling out the climate cranks: Galileo moment for GOP

I am interested in your thoughts on the term “climate cranks.”  Of course, I like any phrase that uses a figure of speech, alliteration in this case.  But I tend to think “cranks” is too mild.  Cranks don’t have a multimillion dollar fossil-fuel-funded campaign behind them.  Some cranks may seek to block efforts to preserve a livable climate, but only hard-core pro-pollution anti-science deniers and disinformers can achieve that immoral goal.

Mark Hertsgaard has an outstanding new book out, “HOT: Living Through the Next 50 Years on Earth.”  What follows is an article he wrote today for the Politico.  At the end is a piece with more on the book and the campaign against the climate cranks.

Will it take the Republican Party as long to accept modern science as it took the Roman Catholic Church? The church waited 359 years to admit Galileo was right “” the earth does move around the sun. Not until 1992 did the Vatican officially withdraw its condemnation of the man Albert Einstein called the father of modern science.
Read more

Climate Progress

Increasingly Desperate, AEI Pushes European Zombie Attacks On Green Jobs

The oil-soaked American Enterprise Institute is very concerned that President Barack Obama is promoting clean energy investment. AEI pundit Kenneth Green and his research assistant Hiwa Alaghebandian are worried about reducing our dependence on dirty, dangerous fossil fuels with new clean jobs, they write, based on “the troubling European experience with green energy and job creation.” Green lists “four European countries that went hog wild for renewables, while singing the praises of green jobs: Spain, Italy, Germany, and Denmark,” and cites studies that purport to show the countries “all tried and failed to accomplish positive outcomes with renewable energy”:

THE SPANISH STUDY: “In March 2009, researchers Gabriel Calzada Alvarez and colleagues at the Universidad Rey Juan Carlos released a study examining the economic and employment effects of Spain’s aggressive push into renewables.”

The study, “Study of the Effects of Employment of Public Aid to Renewable Energy Sources,” was written by an Exxon-funded right-wing think tank, Instituto Juan de Mariana, then promoted by the Koch Industries propaganda network.

It was thoroughly debunked and eviscerated for elementary methodological flaws by the Spanish government, the Wall Street Journal, the Center for American Progress, and the National Renewable Energy Laboratory in 2009.

THE ITALIAN STUDY: “A study performed by Luciano Lavecchia and Carlo Stagnaro of Italy’s Bruno Leoni Institute found an even worse situation.”

Like the Spanish study, “Are Green Jobs Real Jobs? The Case of Italy” was published by a right-wing think tank, the Bruno Leoni Institute, founded by the Koch Industries-supported Carlo Lottieri. The institute argues that global warming is a hoax. Their study proudly states that it “followed the methodology employed by Calzada et al.” and thus has the same crippling methodological flaws.

THE GERMAN STUDY: “In a study of the effects of Germany’s aggressive promotion of wind and solar power, Manuel Frondel noted that the German feed-in law required utilities to buy solar power at a rate of fifty-nine cents per kilowatt-hour, far above the normal cost of conventional electricity, which was between three and ten cents. Feed-in subsidies for wind power, he observed, were 300 percent higher than conventional electricity costs.”

Like the Italian and Spanish studies, the “Economic Impacts from the Promotion of Renewable Energies, the German Experience” was produced by a right-wing think tank, RWI Essen. Unlike his counterparts, Dr. Frondel also opposed Germany’s much costlier coal subsidies and supports cap-and-trade systems. Frondel concedes that the feed-in tariff created Germany’s world-class solar and wind industries, but predicts that they will disappear, so the subsidies will have turned out not to be worthwhile. He also notes a reality for Germany that does not apply to the United States — the feed-in tariffs are complementary policies to high fuel taxes and the European cap-and-trade system, which he supports.

THE DANISH STUDY: “The US Energy Information Administration tells America’s children that “Denmark ranks ninth in the world in wind power capacity, but generates about 20% of its electricity from wind.” That sounds impressive, but is it true? Not according to CEPOS, a Danish think tank, which issued a 2009 report entitled Wind Energy, the Case of Denmark.”

Like the Italian and Spanish studies, “Wind Energy: The Case of Denmark” was produced by an oil-funded right-wing think tank, CEPOS. The “study” was “paid for by an American think tank with close ties to the coal and oil industries,” the Institute for Energy Research. The president of IER, Thomas J. Pyle, is a Koch Industries lobbyist. The study makes the bizarre claim that, although Denmark produces 20 percent of its electricity through wind power, because it sells some of that electricity to its neighbors, it doesn’t count as Danish electricity. This oil-funded hit piece has been repeatedly and thoroughly debunked for having basic methodological flaws by numerous Danish energy experts and NRDC economists.

Even the chief economist of the American Petroleum Institute, John Felmy, has admitted that the green economy creates jobs. Green investments protect the planet, save lives, and strengthen the economy, no matter what language you speak.

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