Karl Marx is Still Correct Sunday Sermon

Nobel economist Michael Spence, working at the behest of the Council on Foreign Relations, has co-authored a startling new paper with NYU’s Sandile Hlatshwayo. The two did an enormous amount of number crunching and analyzing of how the US economy has been structured for the past 20 years, and in particular, they examined employment trends. It was not a pretty picture that emerged from all of those details.

Well, I guess that would all depend upon which side of the fork you’re on, wouldn’t it?

As the output and productivity of the American worker increased—a LOT, I should add—during the past two decades, jobs still continued to be outsourced to other countries with cheaper labor pools, and fewer opportunities for economic advancement presented themselves for many Americans. All the while, the $$$ for all of that increased productivity didn’t go to the worker bees themselves, it went to the top, to the capitalists and investors class. To parasites like Mitt Romney and his buddies at Bain Capital.

The CFR report’s conclusions are particularly grim for people who have found themselves slipping out of the middle class towards precarious lives and who feel hopeless to do anything about it, but it’s Marxism 101 for the economic literate.

It’s a race to the bottom and “tag” you’re it!

From Reuters:

The take-away is this: Globalization is making U.S. companies more productive, but the benefits are mostly being enjoyed by the C-suite. The middle class is struggling to find work, and many of the jobs available are poorly paid.

Here’s how Mr. Spence and Ms. Hlatshwayo put it: “The most educated, who work in the highly compensated jobs of the tradeable and nontradeable sectors, have high and rising incomes and interesting and challenging employment opportunities, domestically and abroad. Many of the middle-income group, however, are seeing employment options narrow and incomes stagnate.”

Mr. Spence notes the benefit to consumers of globalization: “Many goods and services are less expensive than they would be if the economy were walled off from the global economy, and the benefits of lower prices are widespread.” He also points to the positive impact of globalization, particularly in China and India: “Poverty reduction has been tremendous, and more is yet to come.”

I’m sure Americans living in “right to work” states are just jumping for joy to be competing with wage-earners in China and India.



Free trade and the free flow of capital means lower prices for the consumer, true, but when someone in China or India is doing that very same computer programming job that used to be your job in the midwest—information workers will have the most precarious jobs of all moving forward—it’s not like you’ll be able to afford much more than rice and beans at the Wal-Mart anyway.

Yes, there’s a high cost to low price. The two are pretty well interconnected, as we’ve seen, but this is what the “free market” is supposed to do, silly. And don’t forget, it was Wal-Mart that put the local shops out of business to begin with.

Karl Marx predicted all of this. ALL of it.

He’s the most accurate prophet in history, with a record a helluva lot better than Nostradamus!

And to all of the naysayers who claim that a “command economy” doesn’t work, I present to you Wal-Mart itself, the most successful example of a command economy the world has ever seen!

Mr. Spence’s paper should be read alongside the work that David Autor, an economist at the Massachusetts Institute of Technology, has been doing on the impact of the technology revolution on U.S. jobs. Mr. Autor finds that technology has had a “polarizing” impact on the U.S. work force — it has made people at the top more productive and better paid and hasn’t had much effect on the “hands-on” jobs at the bottom. But opportunities and salaries in the middle have been hollowed out.

Taken together, here’s the big story Mr. Spence and Mr. Autor tell: Globalization and the technology revolution are increasing productivity and prosperity. But those rewards are unevenly shared — they are going to the people at the top in the United States, and enriching emerging economies over all. But the American middle class is losing out.

It may seem surprising that it takes a Nobel laureate and sheaves of economic data to reach this conclusion. But the analysis and its provenance matter, because this basic truth about how the world economy is working today is being ignored by most of the politicians in the United States and denied by many of its leading business people.

Here’s where it gets much grimmer, as the article’s author, Chrystia Freeland (who has been the Global Editor-at-Large of Reuters since 2010) tells of a recent breakfast at the CFR that she moderated. The speaker that morning was Randall Stephenson, chief executive of AT&T.

If this is the mindset of the leaders of corporate America today, we’re doomed:

One of the Council of Foreign Relations members in the audience was Farooq Kathwari, the chief executive of Ethan Allen, the furniture manufacturer and retailer. Mr. Kathwari is a storybook American entrepreneur. He arrived in New York from Kashmir with $37 in his pocket and got his start in the retail trade selling goods sent to him from home by his grandfather.

He asked Mr. Stephenson: “Over the last 10 years, with the help of technology and other things, we today are doing about the same business with 50 percent less people. We’re talking of jobs. I would just like to get your perspectives on this great technology. How is it going to overall affect the job markets in the next five years?”

Mr. Stephenson said not to worry. “While technology allows companies like yours to do more with less, I don’t think that necessarily means that there is less employment opportunities available. It’s just a redeployment of those employment opportunities. And those employees you have, my expectation was, with your productivity, their standard of living has actually gotten better.”

HUH? Redeployment of employment opportunities? What the fuck IS this guy talking about?

I recently heard a radio report that indicated that there is ONE factory employing around 15 people in Japan that’s responsible for nearly 80% of the world’s output of a certain sized HD screen. Consider how many people would have worked at a Magnavox television plant in the mid-fifties. Where were those employment opportunities ultimately “redeployed?”

Cinnabon?

Bob Evans?

Starbucks?

7-Eleven?

With advanced automation, robotics and so forth, the American worker always was going to become obsolete in the long run, but the speed with which it is happening has gone from a trot to full gallop since the early 90s. Stephenson’s contention that standards of living have improved is ludicrous. Perhaps for him and for all the Cuban cigar-smoking fatcats at the country club in Westchester, but what about the rest of us?

Maybe the all-powerful, wise and benevolent free market will help us?!?!

(Sorry all of that cigar smoke is making me *cough*)

Mr. Spence’s work tells us that simply isn’t happening. “One possible response to these trends would be to assert that market outcomes, especially efficient ones, always make everyone better off in the long run,” he wrote. “That seems clearly incorrect and is supported by neither theory nor experience.”

Not to take anything away from Mr. Spence and Ms. Hlatshwayo, but there was this famous book written by a Mr. Marx and a Mr. Engels—two of the most dangerous minds in history—a hundred and fifty-some years ago that predicted all of this shit with amazing, laser-like accuracy.

Mr. Spence says that as he was doing his research, he was often asked what “market failure” was responsible for these outcomes: Where were the skewed incentives, flawed regulations or missing information that led to this poor result? That question, Mr. Spence says, misses the point. “Multinational companies,” he said, “are doing exactly what one would expect them to do. The resulting efficiency of the global system is high and rising. So there is no market failure.”

Okay, stop for a second. Read that last paragraph again, won’t you? Now read it a third time.

Mr. Spence is telling us that global capitalism is working, but that the American middle class is losing out anyway.

Yep, exactly like a certain Mr. Marx predicted would happen. What remains to be seen is how long it takes for the average American to wake up to what’s going on, when the elites are so hellbent on trying to keep them as confused as possible. Less sophisticated people can be forgiven for falling for conspiracy theories, when the REAL action is right out in the open: No one ever thinks to look there!

Mr. Spence admits he has no easy answers. American politicians are focused on a budget debate that is superficial, premature and ultimately about something pretty easy to figure out. Instead, we should all be working on the much bigger problem of how to make capitalism work for the American middle class.

Karl Marx had the answer to that, too: It’s called Socialism!

Documentary trailer about the 86-year-old man who lives alone on an island

Judging from the trailer here, A Grain of Sand looks like a good documentary. You can watch it here for $3.

On a whim in 1962, British newspaper editor Brendon Grimshaw bought the tiny deserted Moyenne Island in the Seychelles for £8,000. In 1972 he moved to the island and has remained its caretaker ever since. Now 86 years old (and yet remarkably spry and fit), Grimshaw has planted 16,000 trees and reintroduced giant tortoises to the island (see this BBC clip on Grimshaw). Developers have reportedly offered him $50 million dollars or more for the island, but he has always refused to sell. The island is now a national park.

(from Laughing Squid via BoingBoing) Previously: 86-year-old lives alone on island he bought in 1962

THE GONZ in Paris

and as he'd like it to be seen and heard:

'Vegansexuals' Do It With Each Other

from ABC News

Vegans, a new study has found, are grossed out by sex with meat eaters, and some so-called "vegansexuals" only want to roll in the alfalfa with other super strict vegetarians.

A recent study conducted in New Zealand found that vegans — notoriously finicky eaters who don't eat meat or animal byproducts, like eggs and dairy — don't like the idea of swapping spit (or anything else) with those who have been dining on flesh.

Annie Potts, a researcher at the University of Canterbury's Centre for Human-Animal Studies, noted that vegans, particularly women, found sex with meat eaters disgusting.

Vegans, she told ABC News.com from New Zealand, don't like sex with carnivores, for personal reasons: "They're attracted to people with similar interests;" ideological reasons: "they see meat eaters' bodies as being composed of the lives of others;" and sexual reasons: "they didn't want to engage in intimate sex ... because of the smells and tastes of their body fluids."

Potts sampled 157 vegans, 120 of whom were female.

All of the women, according to Potts, fell along a continuum. Some expressed discontent with being with meat-eating men, while others would sleep only with other vegans.

"It is totally, totally true," said Janna Cunnigham, a 46-year-old Brooklyn, N.Y., native, about the smells and tastes of carnivores.

"Their body odor is pungent. Their sweat is extremely smelly. Their spit, and all their body fluids, are strong and stinky. Vegetarian people are not so smelly," Cunningham, who has been a vegetarian for 32 years, and a vegan for 10, told ABC News.com.

Cunningham added that she has dated both meat eaters and vegetarians, but would stick to seeing only vegetarians in the future.

While PETA, People for the Ethical Treatment of Animals, has long advocated people give up meat and go vegetarian, the animal rights group has its misgivings about vegans only sleeping with other vegans.

"Sex is a very effective form of outreach and activism," said Dan Shannon, a PETA spokesman, and 10-year veteran vegan, who thought meat eaters could be converted by their partners.

Shannon said he knew vegans who dated vegans exclusively, but suggested that acting repulsed by the scent of your date probably wasn't the best way to change his or her mind about veganism.

Potts said PETA's attitude differed from what was a very personal sentiment on the part of vegans who participated in the survey.

"PETA is taking a political position by using the bedroom to recruit vegans — this is about intimate relationships."

Potts added that more women responded to her survey than men, but those men who did respond were less likely to be disgusted about having sex with meat eaters.

"As far as I'm concerned, it doesn't matter too much to me," said Mike Hartikka, a 20-year-old vegan from San Diego, who has been in relationships with meat eaters and vegetarians.

But, he says, when it comes to long-term relationships, he would rather be with vegetarians or vegans.

That sentiment is borne out by Potts' research.

"It is really not that unusual that people want to be in relationships with those who they have things in common," she said.

I mean, why wouldn't we, or at least anyone with integrity? Being Vegan says a lot about who you are and how you perceive and think about the world around you, and the planet, so hell yeah it makes sense that we'd rather be with people of like minds.

"All Hail The Beat" A Short History of the Roland Tr-808

friend Nelson George put together this mini Doc. ...


from DangerousMinds

Don’t you love it when those murky, endless swamps of internet spam throw up something that you really enjoy? I’m sure it’s all a co-incidence, as it’s unlikely that Google knows from the number of times I have typed the numbers “808” that I’m a bit obsessed with that machine, is it?

All Hail The Beat is a three minute film by author and journalist Nelson George that’s a great introduction to (and summary of) the history of the Roland TR-808 drum machine...

Roland’s Tr-808 Rhythm Composer was first produced in 1980, and has gone on to become one of the most influential machines in modern music. Its sonorous booms and claps are heard everywhere from Afrika Bambaataa and Egyptian Lover to Beck, Lil Wayne, Aphex Twin, Missy Elliot, Talking Heads, Marvin Gaye, Rihanna and far beyond. It’s all over hip-hop, electro, R&B, house and techno, and is the basis of underground dance genres like crunk, booty bass and New Orleans bounce. Kanye West named an album after it and even Madonna can be heard warbling about the wildness of its drum sounds on her latest single (whose production, funnilly enough, featured no actual 808s.)

Nelson George, whose face you’ll recognise from many other music documentaries, here speaks to veterans like Arthur Baker and Juan Atkins about the machine. He sums All Hail The Beat, and the 808, up thusly:

The Roland TR-808 drum machine inspires musicians around the world, even though the device hasn’t been made since 1984 — and most of its avid users have never actually seen one.

Skateboarding - more next level shit

Thinking in a different language affects how you make decisions

from BoingBoing:

Back in 2002, psychologist Daniel Kahneman won the economics Nobel Prize for showing that human beings don't have a really good intuitive grasp of risk. Basically, the decisions we make when faced with a risky proposition depend more on how the question is framed than on what the actual outcome might be.

The classic example is to tell a subject that there's going to be a disaster. Out of 600 people, she has a chance of saving 200 if she takes x risk. If she doesn't take the risk, everybody dies. Most people will take the risk in that scenario, but if you present the same situation and frame it differently—"If you take this risk, 400 people will die"—the decisions suddenly flip in the other direction. Nothing has changed about the outcome. But everything has changed in terms of how people feel about the decision they have to make. This is the kind of thing that matters a lot to economics because it helps to explain why economic behavior in the real world isn't always as rational and self-interested as it is in theory.

There's a new study out in the journal Psychological Science that might add another layer of complexity to Kahneman's research. If you're thinking and talking in your native language, you're likely to respond to a risky situation pretty much exactly as in the classic example. But, these researchers found that if you're thinking and talking about the situation in a second language, things change. At Wired, Brandon Keim explains:

The first experiment involved 121 American students who learned Japanese as a second language. Some were presented in English with a hypothetical choice: To fight a disease that would kill 600,000 people, doctors could either develop a medicine that saved 200,000 lives, or a medicine with a 33.3 percent chance of saving 600,000 lives and a 66.6 percent chance of saving no lives at all.

Nearly 80 percent of the students chose the safe option. When the problem was framed in terms of losing rather than saving lives, the safe-option number dropped to 47 percent. When considering the same situation in Japanese, however, the safe-option number hovered around 40 percent, regardless of how choices were framed. The role of instinct appeared reduced.

That's interesting. The researchers tried this basic thing with several different groups of people—mostly native English speakers—and used several different risk scenarios, some involving loss of life, others involving loss of a job, and others involving decisions about betting money on a coin toss. They saw the same results in all the tests: People thinking in their second language weren't as swayed by the emotional impact of framing devices.

One study doesn't prove this is universally true. Even if it is true, nobody knows yet exactly why. But Keim says that the researchers think the difference lies in emotional distance. If you have to pause and really put some brain power into thinking about grammar and vocabulary, you can't just jump straight into the knee-jerk reaction.

Read the rest of Keim's write-up on the study at Wired.com

Henry Rollins on "Big Think" for this weeks Sunday Sermon

Hank, Killin' it!

And here's a bonus from KCRW:

Henry Rollins spins some of Iggy Pop’s classic tracks and a few lesser known songs in a nicely done career overview of America’s patron saint of punk rock.

Henry runs it down thusly:

We are going to go at it somewhat chronologically, although I may have a couple of songs out of order on that front but by and large, it’s a trip through the man’s catalog. Two hours isn’t enough time to be completely release-by-release, so I went for what I thought sounded good.”

01. The Stooges - 1969 / The Stooges
02. The Stooges - I Wanna Be Your Dog / The Stooges
03. The Stooges - Down On The Street / Fun House
04. The Stooges - T.V. Eye / Fun House
05. The Stooges - Search And Destroy / Raw Power
06. The Stooges - Raw Power / Raw Power
07. The Stooges - Open Up & Bleed / Heavy Liquid
08. The Stooges - Scene Of The Crime / Anthology Box - The Stooges & Beyond
09. The Stooges - Gimme Some Skin / Anthology Box - The Stooges & Beyond
10. The Stooges – Johanna / Heavy Liquid
11. The Stooges - Tight Pants / Anthology Box - The Stooges & Beyond
12. Iggy Pop & James Williamson - Consolation Prizes / Kill City
13. Iggy Pop – Funtime / The Idiot
14. Iggy Pop - The Passenger / Lust For Life
15. Iggy Pop - New Values / New Values
16. Iggy Pop - Get Up And Get Out / Soldier
17. Iggy Pop - Run Like A Villain / Zombie Birdhouse
18. Iggy Pop - Repo Man / Repo Man Soundtrack
19. Iggy Pop - Fire Engine / Anthology Box - The Stooges & Beyond
20. Iggy w/ Debbie Harry - Well Did You Evah! / Red Hot + Blue: Tribute To Cole Porter
21. Iggy Pop - Bang Bang / Party
22. Iggy Pop - He’s Frank / Heroes Soundtrack
23. Iggy Pop - This Is A Film / Arizona Dream
25. Iggy w/ Teddybears – Punkrocker / Soft Machine
26. Iggy Pop - Fix Me / Rise Above 24 Black Flag Songs to Benefit the WM3

Of all the records I own, some of the most frequently played, decade after decade, are ones that Iggy has had something to do with. One of the great hot-night listens of all time, perhaps the purest rock & roll recording I have ever heard, is the self-titled first album by the Stooges. So minimal and perfect. Every note, beat and lyric are essential to the whole. The older I get, the more I learn about music, the more amazing this album is to me.”
-H. Rollins.

Thanks, Doug and DangerousMinds

DJ Red Alert's Final Mix on New York City's Suddenly Defunct KISS F.M.

WOW, this is just hard to believe, "Red" has been rockin' the airwaves longer than most of you have been alive! I can't tell you how many weekend nights in the Golden Age of Hip-Hop we had "COOL DJ RED ALERT" on the box. Here's the story I picked up over at DangerousMinds:

 
Living in New York City in the 1980s one could not help but be suffused with the sounds emitting from beat boxes tuned to the dance party grooves of Kiss F.M. - it was the sound of the city. Sadly, KISS is no more. The powers that be pulled the plug on the station and 98.7 on the dial is now a sports channel.

Birthplace Magazine reports:

DJ Red Alert, a pioneering radio icon responsible for helping launch the careers of dozens of hip hop artists, broadcast for the last time from New York’s KISS-FM, his radio home during the early days of hip hop and throughout the years. The station, WRKS (98.7), announced a change in format on April, 26, 2012, shocking KISS-FM listeners who had been tuning in for decades.

ESPN has now taken over the frequency while former station rival WBLS (107.5) will “absorb” the KISS-FM branding. It is unclear how much of 98.7′s KISS staff will also move down the dial.

“Kool” DJ Red Alert, along with his WBLS counterparts Mr. Magic and Marley Marl, helped usher in what is often considered hip hop’s “Golden Era,” bringing rap music to New York’s airwaves in a groundbreaking way. Besides being a DJ for artists and groups such as Afrika Bambaata and KRS-One, Red Alert was also personally responsible for managing and breaking artists like the Jungle Brothers, A Tribe Called Quest and Queen Latifah.

The Bronx Hall of Fame member became emotional during his final 49 minute-long mix, thanking staff at Kiss-FM. “Lord gave me the best. I respect y’all. I thank y’all. Y’all don’t understand how I feel. I love y’all.” Red Alert said, his voice breaking down. He then ended his long broadcasting career at 98.7, speaking to his listening audience, many who have grown up listening to Red’s familiar voice, distinctive style and custom catchphrases, telling them, “Once again, I’m signing off. 98.7, Kiss-FM. God bless each and every one of y’all. I’m outta here.”

A little bit of New York City died over the weekend. Reminisce on this: Red Alert’s goodbye KISS - a mix in two parts.

Myself, I'm much more partial to part two of this final mix.  

 

Ain't It The Truth ...

Skater Dater & The Devil's Toy 60's Classics!

In Honor of The Skateboarding Hall Of Fame Induction Ceremony This Evening:

Skaterdater is a short film that was released in 1965. It was Produced by Marshal Backlar, and written and directed by Noel Black and was the winner of the Palme d’Or for Best Short Film at the 1966 Cannes Film Festival. It was also nominated for an Academy Award in the Best Short Subject category. First prizes in international film festivals including Moscow and Venice.

The film tells a story with no dialogue. The surf rock-esque soundtrack was composed by Mike Curb and Nick Venet with Davie Allan and the Arrows playing “Skaterdater Rock” .
It was the first film on skateboarding. It was distributed theatrically, both domestically and internationally, by United Artists. It was reviewed extensively, including “Time Magazine”.

The skateboarders were members of the neighborhood Imperial Skateboard Club from Torrance, California. Their names are Gary Hill, Gregg Carrol, Mike Mel, Bill McKaig, Gary Jennings, Bruce McKaig and Rick Anderson. Most of the action shots were taken in Torrance, Redondo Beach, Palos Verdes Estates. The final shot was Averill Park in San Pedro.” Wikipedia.

and the Canadian classic,
The Devil's Toy
"dedicated to all victims of intolerance"

Skateboarding Hall of Fame

Well folks, the time has come.
Induction ceremony tomorrow night.
With some good friends, should be fun.

The Skateboarding Hall of Fame was created to honor the passion, dedication and contributions to skateboarding history and culture by skateboarders and cultural icons throughout the decades.

(click to enlarge)


Thanks for all the kind words and well wishes.

Why does France’s new Socialist President strike fear into the hearts of the elites?

from Richard Metzger at DangerousMinds:

Hearty congratulations to the entire country of France for having the good sense to elect a Socialist president, François Hollande, and for kicking that pompous dickhead Sarkozy to the curb.

It’s not like the “Socialist” part—or even President-Elect François Hollande himself for that matter—got much play in the initial reports in the American media, although “Farewell Monsieur President!” and “Goodbye Sarkozy!” headlines were in abundance (I’d have gone with something like “France tells ‘President of the rich’ to piss off, elects Socialist”). Hollande will be the country’s first Socialist leader since François Mitterrand (the Republic’s longest-serving president) left office in 1995. It was Hollande’s ex-wife, Socialist politician Ségolène Royal, who was defeated by Nicolas Sarkozy in 2007.

MSNBC, not mentioning Hollande in the headline, and under a picture of a dejected looking Sarkozy, natch, called the President-Elect “unassumming.” When reporters did get around to mentioning Hollande by name, it was normally to mention that he was a “socialist lite” or a “moderate.”

By American political standards? That’s a pretty meaningless and worthless comparison, if you ask me.

To take the President-Elect at his own word, his win represents “a new departure for Europe and hope for the world” because “Europe is watching us, austerity can no longer be the only option.” I personally like the way that sounds, but Lynn Parramore, writing at AlterNet fears that Hollande will end up being a “marshmallow” who talks big and then lets monied interests walk all over him (where have we seen that happen before?). She also describes him as “more like an American centrist Democrat than a Bush-style right-winger,” but I’d take that with a grain of salt (see below).

Nabila Ramdani bucked the trend writing in The Independent, calling Hollande a “fiercely left-wing leader” who would “strike fear into the hearts of France’s rich” and who should not be written-off before he even takes office on May 17th.

The 57-year-old Socialist has openly admitted that he “does not like the rich” and declared that “my real enemy is the world of finance”. This means taxing the wealthy by up to 75 per cent, curtailing the activities of Paris as a centre for financial dealing, and ploughing millions into creating more civil service jobs.

Add an explicit threat to renegotiate the euro pact to replace austerity with “growth-creating” spending, and you have one of the most vehemently left-wing programmes in recent history.

BUT… There’s always a “but” isn’t there? France is broke and mired deeply in debt. Servicing the country’s outstanding debt is the second item of the government’s yearly budget, right below healthcare:

Caution is justified, though one thing Mr Hollande will not repeat is the disastrous tax-and-spend policies introduced by France’s last Socialist President, François Mitterrand, in 1981. He was soon forced into a humiliating U-turn, and into sharing power with the right as the Communists quit his cabinet in protest.

In contrast, Mr Hollande will focus on solving the euro crisis and reversing a Gallic economic decline widely blamed on a failed capitalist system, and particularly a rotten banking sector.

A summary of Holland’s policies and proposals, according to Wikipedia, demonstrates just how very little a President Hollande would have in common with “an American centrist Democrat” (no matter what Sean Hannity might think!)

Foreign policy: supports the withdrawal of French troops present in Afghanistan by the end of 2012.

European politics: aims to conclude a new contract of Franco-German partnership and he advocates the adoption of a Directive on the protection of public services. Proposes closer Franco-German partnership: “an acceleration of the establishment of a Franco-German civic service, the creation of a Franco-German research office, the creation of a Franco-German industrial fund to finance common competitiveness clusters (transport, energy or environment) and the establishment of a common military headquarters.”

Financial system: backs the creation of a European rating agency and the separation of lending and investment in banks.

Energy: endorses reducing the share of nuclear power in electricity generation from 75 to 50% in favor of renewable energy sources.

Taxation: supports the merger of income tax and the General Social Contribution (CSG), the creation of an additional 45% for additional income of 150,000 euros, capping tax loopholes at a maximum of €10,000 per year, and questioning the relief solidarity tax on wealth (ISF, Impôt de Solidarité sur la Fortune) measure that should bring €29 billion in additional revenue.

Education: supports the recruitment of 60,000 new teachers, the creation of a study allowance and means-tested training, setting up a mutually beneficial contract that would allow a generation of experienced employees and craftsmen to be the guardians and teachers of younger newly-hired employees, thereby creating a total of 150,000 subsidized jobs.

Aid to SME’s, with the creation of a public bank investment-oriented SME’s and reducing the corporate tax rate to 30% for medium corporations and 15% for small.

Recruitment of 5,000 judges, police officers and gendarmes.

Construction of 500,000 homes per year, including 150,000 social, funded by a doubling of the ceiling of the A passbook, the State making available its local government land within five years.

Restoration of retirement at age 60 for those who have contributed more than 41 years.

Hollande supported same-sex marriage and adoption for LGBT couples, and has plans to pursue the issue in early 2013.

The provision of development funds for deprived suburbs.

Return to a deficit of 0% of GDP in 2017.

This is “moderate”? Sounds pretty “sane” to moi.

Appropriately, Hollande’s jubilant left-wing supporters took their joyous celebrations to la Place de la Bastille where the Socialist President Elect spoke:

“I don’t know if you can hear me but I have heard you. I have heard your will for change. I have heard your strength, your hope and I want to express to you all of my gratitude. Thank you, thank you, thank you people of France, gathered here, to have allowed me to be your president of the republic.”

“I am the president of the youth of France! I am the president of all the collective pride of France! I am the president of Justice in France!

“Carry this message far! Remember for the rest of your life this great gathering at the Bastille because it must give a taste to other peoples, to the whole of Europe, of the change that is coming. In all the capitals, beyond government leaders and state leaders, there are people who, thanks to us, are hoping, are looking to us and want to put an end to austerity.”

Liberté, égalité, fraternité!
 

Beautiful photos from the Hubble Space Telescope

from Maggie Koerth-Baker at BoingBoing:

At the Brain Pickings blog, Maria Popova has some amazing images, taken by the Hubble Space Telescope during its 22 years of operation. I love this one. It's such a great reminder of the time scales of space—the remnants of things that happened 1000 years ago are still moving through the cosmos, even while humans have died and been born and moved on to other obsessions.

One other thing to keep in mind as you're looking at these photos—what you see does not always represent exactly what outer space looks like. An astronaut wouldn't see a red ribbon undulating among the stars. One of these Hubble photographs are put together from multiple images taken by different parts of the telescope. Humans colorize the images to make details stand out. In this case, making the stream of gas red allows us to see it and understand its meaning. In that way, a colorized Hubble image is actually more useful and more educational than a 100% accurate photo would have been.

See the rest of the photos at Brain Pickings

Learn more about how Hubble images are made.

Learn about the process of colorizing Hubble images, including why specific colors are chosen.