Justice in the U.S. - where the mock democracy shows its true colors.
This, from a NYT story today about the new policy of the Justice department to, well, sorta almost seek almost sorta sometimes criminal indictments against criminal banks on leap years perhaps, under some unnamed future president:
"For one, banking regulators are likely to sound alarms about the economy. HSBC avoided charges in a money laundering case last year after concerns arose that an indictment could put the bank out of business. In the first interest rate-rigging case, prosecutors briefly considered criminal charges against an arm of Barclays, but they hesitated given the bank’s cooperation and its importance to the financial system, two people close to the case said."
But we are on that money launderin', y'all - if it involves, say, a black male in Alabama. Consider this, the 22nd year in jail of Clarence Adams. Adams was 23 at the time of his arrest - a first time offender. However, even the defense couldn't deny he was black. Oh oh. Here is what he did, according to the summary contained on the PBS frontline site:
"The boys who testified against Aaron were his friends from high school and his first cousin with whom he grew up in Alabama. Aaron introduced his friends, who were involved in dealing drugs, to people he knew in Baton Rouge who were also involved in drugs. He drove them from one city to the other, accompanied by his cousin, and was paid $1,500 for his help."
For that 1500 dollars, Aaron was sentence to three life sentences in Federal prison. Of course, he could be pardoned. The Bush administration was urged to - even by the judge in Aaron's case. But it didn't. The ultra ultra ultra liberal Obama administration has... done nothing, even though the case is now pretty well known. So a bank goes scott free, laundering millions for drug dealers, and a man is going to die in prison because he is black and because he introduced two parties dealing drugs for 1500 dollars.
Doesn't it make you feel all good inside, the way we are protected from evil by the American government?
ps - according to a study from Pro Publica, the racial breakdown of pardons shows that four whites are pardoned for every black - just to make you feel extra good inside about the situation in our post-racial country.
“I’m so bored. I hate my life.” - Britney Spears
Das Langweilige ist interessant geworden, weil das Interessante angefangen hat langweilig zu werden. – Thomas Mann
"Never for money/always for love" - The Talking Heads
Tuesday, February 19, 2013
Monday, February 18, 2013
the 'faith' of a novelist
After the early success of the Concrete Garden, I’ve always
thought that Ian McEwan has gone downhill as a novelist – which seems to be a
Britishy thing of his generation. Perhaps I should say, his generation of male
alpha novelists, led by Martin Amis. In Amis’s case, there is a serious
mismatch between his sense of what is important and his sensibility, which is
at its best with what is unimportant. McEwan is another who longs to let the
pundit out of the novelist’s cage. This, at least, is the upshot of his
unintentionally funny piece in the Guardian about losing “faith” in novels (a
piece which, to be fair, has a nice homage to The Go Between, a novel I am very
fond of, appended to McEwan’s wandering and pondering beginning). And the award for fave graf goes to!
“This is when I think I will go to my grave and not read Anna
Karenina a fifth time, or Madame
Bovary a fourth. I'm 64. If I'm lucky, I might have 20 good
reading years left. Teach me about the world! Bring me the cosmologists on the
creation of time, the annalists of the Holocaust, the philosopher who has
married into neuroscience, the mathematician who can describe the beauty of
numbers to the numbskull, the scholar of empires' rise and fall, the adepts of
the English civil war. A few widely spaced pleasures apart, what will I have or
know at the end of yet another novel beyond Henry's remorse or triumph? Will a
novelist please tell me why the Industrial Revolution began, or how the Higgs boson confers
mass on fundamental particles, or how morality evolved or what Salieri thought
of the young Schubert in his choir. If I cared just a little about Henry's
gripes, I could read a John Berryman 'Dream Song' in less than four minutes.
And with the 15 hours saved, linger over some case law (real events!), as good
a primer as any on the strangeness and savagery of the human heart.”
Left out of this highminded collection is anything so vulgar
as Kim Kardashian’s divorce, Wall Street fraudsters, newspapers stealing emails
from celebrities, fad diets, bloody murders, sex tapes, etc. – the whole gritty
panoply of lowlife, which reaches out a twitching hand and pulls the chair out
from under the whole question of how morality evolved, and asks how Justin
Timberlake thought of the young Justin Bieber on his first Youtube tape. From
the lowlife angle, the mire of banality in which the novel gambols, there is
something irresistibly funny in McEwan losing faith in Pere Goriot and Leopold
Bloom and wanting to contemplate (with
true Bloomian ardor!) the Higgs boson particle in the port and cheese golden
years.
Faith here is being used in a strange way, as a synonym for
the suspension of disbelief. But the guy who coined that phrase, Coleridge,
would point out that faith is not the suspension of disbelief, but the belief
in things unseen – and a ruler across your knuckles, McEwan. You have lost your
privilege to read James Gleick for tonight, and must copy a hundred tag lines
of Latin verse and turn it in tomorrow!
Actually, I don’t think either term characterizes the reader’s
relationship to fiction. I don’t think the experience of reading changes much
between reading case law (my God, McEwan does push the highbrow into the depth
of absurdity!) and reading Crime and Punishment. The reader looks at words and
transforms that vision into reading in both cases. Outside the reading
experience, the reader may know that the Higgs Boson particle is real (or as
real as the mathematics it is built on) and that Jack the Ripper shed actual
blood, and Raskolnikov shed none. But that knowledge does not so much change
the material out of which the experience is built as charge it differently.
However, the writer who is using the material in a different
way than the reader – for the material isn’t yet given – does have to believe
in a thing unseen – that is, the future text. At a certain point, of course,
the thing unseen can be discarded, as the text is ended. But even here, the
writer doesn’t wholly enter the reader’s zone in regard to his or her own text,
any more than you can experience another person’s face – that quasi-intentional
addition to the body’s physiognomy. There are writers who claim they never
reread what they wrote and there are people who never look at their photographs
- both are guarding a certain painful
spot in their consciousness, one that they don’t want pressed.
The reader who doesn’t like novels may well say that he or
she ( it is mostly he nowadays) prefers the real to fiction, but that is
unlikely. Usually one finds they want an affirmation of a belief without the
messy necessity of running it through the difference which characterizes human
reality. In other words, they want the social irreality you can get, as well,
in a video game – where you don’t have to worry about the monster or the enemy’s
feelings. Feelings, in this ontology, far from being the portals through which
we receive all information about the world within the world, are somehow
secondary to cold hard facts. Cold hard facts, let it be noted, are cold and
hard – feeling words. Elementary contradictions surround the urge to know
without the expertise to check. The latter, of course, leads blissfully onward
to the moral entrepreneur’s career, until one day you wake up and you find that
you have been transformed into something even more loathsome than the cockroach
that was Gregor Samsa’s fate – you’ve become an op ed writer. God save you
then.
Saturday, February 16, 2013
The age of organic reproduction
It is easy to forget that the age of mechanical reproduction
is a mere speck in the eye of the age of organic reproduction. Organic
reproduction is much on my mind, since I’ve come back to Atlanta in order to apply for my carte de longue sejour at the French
consulate in Atlanta. Whenever I return to the Atlanta area, the landscape, the
suburban streets, the lawns, the houses, and above all the particular slant of
sunshine or lack of it always start up that peculiar form of organic
reproduction called memory. Involuntary memory, Bergson called it – not the
intentional kind, when I cast my mind back to recall exactly where I put the
wallet and the keys, or the last time we changed Adam. Although I’ve been
through the routine of remembering – through the medium of travelling down,
say, Lavaca Road, past the I-285 exit, in the day’s mix of weather – every time
I come back to Atlanta, still, it is not something I can control, nor can I
predict the outcome of the mood it induces. Yesterday, we went to see my nephew
Whit, and show him Adam, who, uncharacteristically, was a bit fussy there in
the Java Monkey in Decatur, and needed to be fed. And then we returned to where
we are staying, where we stayed the magic summer two years ago when we got
married in the backyard – my brother Dan’s bungalow in Conyers. When I used to
come to Atlanta from Austin, where I biked all the time, I was always impressed
by the automobile induced discomfort of things – what is the deal with driving
ten miles to go to a coffee shop? And now that I am coming from Paris, where
two blocks in any direction will take me to a bakery, a butcher shop, a fruit
market, a grocery store, a delicatessen, a museum, a Subway sandwich shop, a
Lebanese sandwich shop, a Greek delicatessen, about twenty cafes – I have, even
more, a sense of how exhausting it is to transport your skinny ass from A to B
in America.
But casting aside those catcalls evoked by the American
dream – there is another dream that comes up via organic routes deeplaid within
me. This was the dream of being grown up, a dream I harbored between the third
grade (in Indian Creek Elementary) up to the twelfth grade (in Clarkston High
School). It was a dream nourished by pictures in story books, and movies, but
most of all by – windows. Windows in classrooms. I remember little to nothing
of, say, math class in the seventh grade (Jolly Elementary), but I remember
looking out the window and longing to be free in that sunshine, going about my
destiny in some tucked in adult life where – you could just suddenly get into
your car and drive wherever you wanted to. Where you could camp out in the
mountains, or at least climb Stone Mountain, preferably with a book under your
arm. Perhaps one about owls. The weather in Atlanta comes to me coupled with
the window – the front and rear windows of the car, the heavily draped window
of the living room in the house I lived in, the windows in the metal doors
leading out to the back fields where we did P.E. at Clarkston high.
To me, this is what longing is all about – it is an
equation: a window + weather. And so it will ever be.
Friday, February 15, 2013
Tesla vs. Broder
I am loving the fight between Tesla and John M. Broder, the NYT hack. Broder's story about not being able to drive a Tesla Model S to Boston was responded to with a blizzard of data by Musk, the CEO of Tesla. In turn, Broder's story has turned from - I'm a normal guy on a normal drive and the model S failed me - to I'm a clueless guy calling Tesla personnel every five minutes and they told me nasty lies which made me screw up my drive.
Some tech writer on the web wrote that the response to this dispute differs between the automobile fans and the tech fans - the former are, predictably, all pro-Broder, the latter find him laughable. Polls show that the Ute, or Youth as they are also known, don't like cars. They like computers. I think this is a shot in that war. The automobilists cling to the gas powered car as though their whole lifestyle were at stake. And they aren't wrong. That lifestyle is at stake, and it is in its last stages. The automobile went from a liberating technology to a chain around our necks. I'm not sure Tesla's car is the solution to that, but it is different. And that unsettles the old hacks. Broder's account reads, after his corrections, more like trying to teach grandpa how to use email than a savvy consumer in a hyped up failure. I am amused how the press, in defense of one of their clueless own, is springing to Broder's defense. There is a priceless article in Slate which relies on the famous "objectivity" of the NYT to defend Broder - which is the kind of argument that can only be made by those so far in the tank that, like those sea snails you buy for acquariums, they are at the bottom, cleaning up the excrement.
Some tech writer on the web wrote that the response to this dispute differs between the automobile fans and the tech fans - the former are, predictably, all pro-Broder, the latter find him laughable. Polls show that the Ute, or Youth as they are also known, don't like cars. They like computers. I think this is a shot in that war. The automobilists cling to the gas powered car as though their whole lifestyle were at stake. And they aren't wrong. That lifestyle is at stake, and it is in its last stages. The automobile went from a liberating technology to a chain around our necks. I'm not sure Tesla's car is the solution to that, but it is different. And that unsettles the old hacks. Broder's account reads, after his corrections, more like trying to teach grandpa how to use email than a savvy consumer in a hyped up failure. I am amused how the press, in defense of one of their clueless own, is springing to Broder's defense. There is a priceless article in Slate which relies on the famous "objectivity" of the NYT to defend Broder - which is the kind of argument that can only be made by those so far in the tank that, like those sea snails you buy for acquariums, they are at the bottom, cleaning up the excrement.
Wednesday, February 13, 2013
500 Days
I’ve started reading Eichenwald’s 500 Days, which is about
the reign of error and terror that characterized the first half of the Bush
administration. The preface contains an abbreviated countdown to 9/11, citing
this or that FBI man or reporter who stumbled on the fact that something big
was being planned. As is usual in the establishment press, we go easy here on
the obvious: the massive incompetence of the Bush administration. If Al Gore
had managed to pass through the coup designed by the court and the Bush
handlers and actually assume the office of president to which he was elected, I’m
pretty confident that Mohammed Atta and his merry crew would have ended up
crashing a private plane into a tower in Portland Maine – if they managed to
get on board a plane at all. Americans have a hard time facing up to the fact
that the elite that they pay so much to is basically as dumb as any elite in
history. These aren’t the smartest guys in the room, unless they have rented
the room and put a bodyguard up to keep smart guys out.
Eichenwald has, unfortunately, imbibed the NYT anecdote
heavy style of reporting. Thus we move between a disparate group of people as
though we were in some badly directed episode of Homeland. Here’s a reporter
three months before 9/11 interviewing Osama the B. Here’s a customs official
two months before 9/11 deporting a mysterious Saudi. These events are covered
in a minimal fashion, without any attempt to place them in a context. What
would have made for a much more fascinating intro is a much denser stringing together
of anticipatory events, because if ever there was an attack foretold, it was
9/11. The only people who didn’t know it was coming worked for the Bush
administration in high offices. Just as they didn’t know that occupying Iraq
was an expensive, long process, just as they didn’t know how to cope with Katrina,
just as they allowed the economy to blow up in 2008 when, after Bear Stearns
fell, the merest babe could have told them that they better move fast or the
whole system would blow - so it was with
9/11. But because the U.S. media has long taken its job to be one of providing
fluff stories to disguise the awful and criminal incompetence of the powerful,
we were treated to an imperial fan dance, and – incredibly – the man most
responsible for allowing an amateur group of 19 to take down the WTC – George W.
– became, for a while, the most popular president since the other George W –
Washington, that is.
Now, there are many dimensions of bad. In one respect,
surely, our worst president was Dwight Eisenhower, who presided over the era of
above ground nuclear tests which resulted in – according to a study
commissioned by Congress – around 200,000 extra cases of thyroid cancer, due to
the release of the iodine isotope in the fallout. Of course, that is a
conservative estimate, since the group was not allowed to investigate all the
elements in the fallout that effected most of the country from these tests.
Eisenhower also, as we now know from declassified NSA documents, played a
Doctor Strangelove game with SAC, ordering our nuclear armed jets to penetrate
Soviet Airspace on numerous occasions just to check on the Soviet response. If
I were to nominate the most dangerous of all U.S. prezes, I’d have to go for
Eisenhower.
But Bush is still in the running for greatest bad president,
in that he stamped, or his spirit stamped, not only the first decade of the 21st
century in these here states, but the second as well. Obama’s administration
has so far been but a variable in the Bush paradigm of plutocratic
incompetence. You could take Obama’s Defense, Justice and Treasury departments
and comfortably plug them into the Bush administration. In this sense, Eichenwald’s
book, minus the corny prose – Eichenwald can’t write about the hijacking
without calling it a “murderous” hijacking, just in case the reader doesn’t
know that people died – is a timely reminder that we are ruled by a meritocracy
of shitheads.
Sunday, February 10, 2013
zombies and totems in economics
The Efficient Markets Hypothesis is one of John
Quiggins Zombie ideas – intellectually discredited, yet still alive. And yet,
this doesn’t mean that Quiggins is right about EMH, because he deals with it as
though it were a model developed in a laboratory, which is the way economists
regularly see themselves. I would state the case much differently. EMH – the idea
that at any moment, the market collectively embodies more information than any
one subject within it could have, and so is ultimately unriggable by any one
subject – or, as it is more commonly put, the market can’t be beat - is actually the belated justification for the
speculative structure that sprang up in the financial community after the
progressive wave at the beginning of the twentieth century ebbed. The ebbing of
that wave was too bad. Roosevelt Republicans - partly just to bedevil Taft, but
partly driven by the brain trust that had helped design the income tax and the
laws governing interstate commerce - put up an agenda that would have:
centralized the incorporation of interstate companies with the Commerce Department
(still a vital reform - one of the great drivers of regulatory laxity in the
U.S. is the ability of corporations to, in effect, choose their jurisdictions
and rules, thus carving out practical 'offshore' havens in the U.S.
(notoriously, Delaware); and put strict controls on stock trading by making it
impossible to water stocks (a phrase that has now become antique, since it
describes our entire speculative structure nowadays), again giving the Commerce
department the power to order companies to reduce exaggerated market valuation
- in essence, the market valuation should be at parity with the Commerce
Department determined real value of the company. The best account that I know
of is given in Lawrence Mitchel's The Speculation Economy, in the chapter entitled
Transcendental Value. Modern speculation began as a commercial practice, not an
economic model - and when models were finally found to 'explain' and justify
it, it was already established, on the foundation of the defeat of the
progressive movement. As is mostly the case, an economic model is not a
prescription for how to do things, but an adjunct to the struggle between
practices already in play. Whether you accept EMH or behaviorialist accounts,
it doesn't really matter. The model is an epiphenomena. If economists had
existed in pharaonic times, they would surely have produced efficiency and
behavioral models of pyramid building. Putting to death EMH is like striking
the totem resemblence of an animal instead of the animal itself. It doesn't
really matter until you buy into the system of magic of which it is a part
Friday, February 08, 2013
Liberated by robots
At the beginning of capitalism stands the beast – as
in all social orders – and at its limit stands the robot. The robot is one of
those fascinating border objects. Generated within capitalism as a commodity to
produce commodities, the robot – even more than the proletariat – digs the
grave of capitalism, to use Marx’s phrase.
Paul Krugman is quoted in a recent New Yorker piece on our dark
robotic future as saying: “Smart
machines may make higher G.D.P. possible, but also reduce the demand for
people—including smart people. So we could be looking at a society that grows
ever richer, but in which all the gains in wealth accrue to whoever owns the
robots.” Which gives us a definition of us mortals that transcends
biology and mechanics – it is ownership that lords it over things and people.
Robots can’t own, in this scenario – just as the computers that are now
programmed to plunge into the market and out of the market in microseconds,
seeking micro-point differences on which to make profits, generously allow
their owners to take all the spoils. And yet, in a society of robot provided
abundance, the justification for owning
is – behind the backs of the owners = practically abolished. Each dollar we
hold is, in part, staked on scarcity. And scarcity is the mother of capital – out of its belly capital bursts, greedy
little ringer, to make the system of exchange work. But the system of exchange,
as economists always forget, is not the purpose of the economic system. That
purpose is to serve the needs of
humanity. With the ultimate robot world, we can cast the system behind us, slough
it off, bury it. The system would finally have generated its own obsolescence.
Economists, however, work for the man, and the obsolescence of the man is
outside of their program. Better a nation of slaves than a nation without the
wealthy.
Gary Marcus, the man who wrote the New Yorker piece, mentions Oscar Wilde, butnot Karl Marx. However, both Wilde and Marx had their eyes on the prize, as far as what the economy was ultimately for. Marcus even daringly explores an aspect of automation that is rarely mentioned: substituting the computer for white collar jobs.
Secretaries have been replaced by word processors and
accountants by QuickBooks. As John Markoff explained last year, in an article
entitled “Armies
of Expensive Lawyers, Replaced by Cheaper Software,” blue-collar and white-collar jobs are both
threatened. Even new-fangled information-economy jobs like I.T. departments are
now endangered by systems like Amazon’s back-end A.W.S. infrastructure, which
provides one-stop cloud-based solutions where a team of on-site computer
wizards were once needed. With advances in both hardware and software, the time
between the invention of a job and its automated replacement is getting shorter.
Marcus doesn’t mention management. Upper management. CEO level management. But of course those jobs are also easy to routinize and automate. And yet, the literature on this is sparse. The reason, of course, is the strong streak of servility in our current American culture that dare not dream of knocking the boss off his pedestal. The boss, after all, is a genius!
Marcus doesn’t mention management. Upper management. CEO level management. But of course those jobs are also easy to routinize and automate. And yet, the literature on this is sparse. The reason, of course, is the strong streak of servility in our current American culture that dare not dream of knocking the boss off his pedestal. The boss, after all, is a genius!
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